Gautam Adani lost $52 billion in 6 days. That's over 3 times what Sam Bankman-Fried lost in a similar timeframe.
In terms of absolute value, Adani's wealth wipeout is also larger than that ofEike Batista, who lost his entire $35 billion fortune in a year after his oil and mining empire collapsed in 2013.
The spectacular decline in Adani's net worth is the most serious in terms of its scale and speed of decline since started tracking billionaires in 2012, the news outlet noted. The dramatic decline in Adani's net worth is because much of his wealth is derived from his stakes in his businesses.
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