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Gautam Adani’s Net Worth Slips to Less Than $50 Billion

On Monday, the net worth of billionaire Gautam Adani slipped to less than $50 billion for the first time in several years, with the real-time billionaires lists of both Forbes and Bloomberg ranking him as the twenty-fifth wealthiest person in the world, with a fortune of $48 billion (down $2.7 billion since yesterday) and $49.1 billion (down $1.15 billion) respectively.

Gautam Adani’s Net Worth Slips to Less Than $50 Billion
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On Monday, Gautam Adani’s net worth dropped below the $50 billion mark for the first time in several years. According to the real-time billionaires lists of both Forbes and Bloomberg, Adani is now the twenty-fifth wealthiest person in the world, with a fortune of $48 billion (down $2.7 billion since yesterday) and $49.1 billion (down $1.15 billion) respectively. This is mainly attributed to a report published by Hindenburg Research, in which the American short-seller has accused the businessman and his conglomerate of carrying out the ‘largest con in corporate history.’ Adani and his group have denied the allegations, but this has failed to stop his fall in the list of the world’s wealthiest people.

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