Short-seller Hindenburg has fueled a massive wealth wipeout for 3 of the world's richest men this year

Tue, 08/08/2023 - 06:14

Art school teacher Sagar Kambli gives final touches to a painting of Indian businessman Gautam Adani highlighting the ongoing crisis of the Adani group in Mumbai on February 3, 2023. — A mural of Indian businessman Gautam Adani in Mumbai.
Indranil Mukherjee/Getty Images

Short-seller Hindenburg Research has targeted three of the world's wealthiest men this year.
It's made high-profile bets against Adani Group, Block, and Icahn Enterprises.
Gautam Adani, Jack Dorsey, and Carl Icahn have seen their wealth plummet in 2023.

Short-seller Hindenburg Research's big bets against Adani Group, Block, and Icahn Enterprises have fueled a massive wealth wipeout for three of the world's richest men this year.