Gautam Adani is tumbling down the ranking of the world's richest people, and he's already lost $28 billion in the first month of 2023

• Gautam Adani — Asia's richest person — saw his wealth plunge over $20 billion on Friday alone, per Bloomberg.
• The wealth wipeout followed a crash in the shares of his listed businesses, after a bombshell short-seller report.
• Adani is now the world's 7th richest person — down from the 4th position earlier last week.

It's just one month into 2023, but Gautam Adani, Asia's richest person, has already seen his wealth plunge by nearly a quarter following a short seller's bombshell report against the Adani conglomerate.