Gautam Adani lost $52 billion in 6 days. That's over 3 times what Sam Bankman-Fried lost in a similar timeframe.
Gautam Adani has lost $52 billion over six trading days after a collapse in his companies' share prices.Indian billionaire Gautam Adani lost $52 billion in net worth over six trading days.Shares in Adani Group companies have lost over $100 billion in market cap since a US short seller's fraud allegations.
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Adani vs Hindenburg: Adani's wealth tanked $52 billion in 6 daysGautam Adani lost $52 billion in 6 days. That's over 3 times what Sam Bankman-Fried lost in a similar timeframe.
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Adani vs. Hindenburg: How Asia’s richest man lost his crown in just a few daysHow Adani Group's founder once named the richest man in Asia and once second only to Elon Musk, lost nearly $70 billion in days
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Hindenburg bet against India's Adani puzzles rival U.S. short sellersWhen Hindenburg Research revealed a short position in Adani Group last week, some U.S. investors said they were intrigued about the actual mechanics of its trade, because Indian securities rules make it hard for foreigners bet against companies there.
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Adani losses top $100 billion in wake of Hindenburg Research reportSell-off losses have been accruing since the Jan. 24 publication of a critical report from U.S. short seller Hindenburg Research.
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Column: Column: Adani Group threatens, but Hindenburg Research rarely sued in U.S.In the midst of a market rout last week that stripped Indian conglomerate Adani Group of $65 billion in market capitalization, Adani announced that it was contemplating “remedial and punitive action” against Hindenburg Research, the short seller whose scathing Jan. 24 report sparked the sell-off.
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India's Adani shares nosedive on worries about Hindenburg falloutShares of India's Adani Group extended declines to take their market losses to $115 billion amid growing concern about any systemic impact from disarray triggered by a U.S. short-seller report.
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