Gautam Adani no longer Asia's richest person as stock rout deepens to $74 billion

Gautam Adani isn't Asia's richest person any more after losing over $50 billion as his companies' stock rout deepens

With an estimated net worth of $74.7 billion, Adani now ranks as the world's 15th richest person on Forbes' billionaire list.

Adani no longer Asia’s richest person as stock rout continues

It’s dramatic setback for Adani, the school-dropout-turned-billionaire whose fortunes rose rapidly in recent years.

Gautam Adani Is No Longer Asia's Richest Man—or Even India's

Billionaire and business tycoon Gautam Adani is no longer Asia nor India’s richest man, according to Bloomberg. Over the course of about one week, Adani’s personal net worth has dramatically fallen, having started last week as the third wealthiest person in the world. On Wednesday, Adani’s net worth fell below Indian business tycoon Mukesh Ambani, whose company Reliance Industries operates in oil and gas, telecommunications, retail, and other se…

Adani Loses Asia’s Richest Spot as Rout Erases All of 2022 Gains

The Indian tycoon’s wealth has tumbled by more than $48 billion this year, with his companies’ shares plunging in the wake of a short-seller report.

Adani loses Asia's richest crown as stock rout deepens to $84 billion

BENGALURU (Reuters) - Shares in Indian tycoon Gautam Adani's conglomerate plunged again on Wednesday as a rout in his companies deepened to $84 billion in the wake of a U.S. short-seller report, with the billionaire also losing his title as Asia's richest person. Read full story

Gautam Adani loses Asia's richest crown as stock rout deepens to $84 billion

BENGALURU -- Indian tycoon Gautam Adani lost his title of Asia's richest person on Wednesday as a rout in his conglomerate's biggest companies deepened to $84 billion in the wake of a short-seller report.