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Billionaire List: Billionaire Gautam Adani has suffered several setbacks in a single day. Not only did he lose his wealth, but his rank and status also declined. This led to the Adani group allegedly investing millions of dollars in the stock exchange by secretly buying its own shares. Because of this, the shares of Adani Group companies closed with a big fall on Thursday.
Gautam Adani has dropped out of the top-20 billionaires list of the Bloomberg Billionaires Index due to the drop in Adani Group’s shares. Not only this, he has also been stripped of the crown of Asia’s second richest man and has now been replaced by Chinese billionaire Zhong Shansha. However, Shanshan is also out of the top 20 list of world’s richest people. He has a net worth of $62.6 billion. It is at 21st position. Adani moved to 22nd place and saw its assets fall by $2.26 billion to $61.8 billion on Thursday.
Gautam Adani-led Adani Group let you know that Adani Group shares are in focus on Thursday. All the shares of the group are witnessing a sharp decline. Shares of Adani Enterprises, Adani Port, Adani Power, Adani Green Energy, Adani Green Solutions and Adani Wilmar fell over 4% in early trade on the BSE. Let us tell you that this was seen in the shares after Gautam Adani Group was accused of wrongdoing by a global organization called Organized Crime and Corruption Reporting Project (OCRP).
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