Meet Gautam Adani, the Indian industrialist who started 2023 worth almost as much as Elon Musk, but whose wealth has plummeted rapidly

• Gautam Adani's wealth has fallen by more than a quarter over the first month of 2023.
• The Indian industrialist started the year as the world's third-richest person. He's now in 11th place.
• Adani founded the Adani Group, which was the target of a bombshell report by a short seller.

Gautam Adani's year hasn't started well.

The Indian industrialist's wealth has fallen by more than a quarter over the first month of 2023.

At the start of the year, Adani was the world's third-richest person, behind just Bernard Arnault, the CEO of Louis Vuitton and Moët owner LVMH, and Tesla and SpaceX CEO Elon Musk.