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HomeBusinessAdani net worth tops $100bn again after a year

Adani net worth tops $100bn again after a year

MUMBAI:

Billionaire investor Gautam Adani

‘s net worth topped the $100 billion mark again on Wednesday, more than a year after

Hindenburg Research

, a US-based short seller, came out with a report on the group alleging several

corporate malpractices

that the Ahmedabad-based conglomerate had denied. Following the publication of the report, stock prices of all 10 Adani Group companies had nosedived, which also pushed Gautam Adani – the group’s main promoter – out of the top 25 richest people in the world.
According to Bloomberg Billionaires Index, on Feb 7, Gautam Adani’s net worth was $101 billion.

This made him the 12th richest person in the world. In 2024 so far, Adani’s net worth has increased by $16 billion.

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