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

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Gautam Adani talking while seated.
Gautam Adani.

Amit Dave/Reuters

Adani Group sheds $50 billion in market value as the world's richest Asian weathers accusations of 'stock manipulation'

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Gautam Adani talking while seated.
Gautam Adani.

Amit Dave/Reuters

Bill Ackman says he finds short-seller's Adani Group report 'highly credible' – and notes similarities to 'pyramid scheme' Herbalife

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Bill Ackman
Bill Ackman has expressed his support for Hindenburg Research's report into Adani Group.

Bryan Bedder/Getty Images/The New York Times

Adani Group says it's exploring 'remedial and punitive' legal action against a short-seller who accused it of market manipulation and fraud

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Chairman Of Adani Group Gautam Adani poses for a profile shoot during an interview on Jlu on July 19, 2010 in Ahmedabad, India.
Indian billionaire Gautam Adani's conglomerate said it's exploring potential legal action against Hindenburg Research over its Tuesday report.

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The short-seller who exposed fraud at Nikola is now targeting a conglomerate owned by the 4th richest person in the world

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gautam adani

Amit Dave/Reuters

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