Gautam Adani Drops from Top 20 Billionaires List as Share Price Plunges: A Story of Financial Challenges

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                  Image Source- Google| Image By- substackcdn

Mumbai: New Delhi: Gautam Adani has suffered a setback in the list of the world’s billionaires and there has been a change in the Bloomberg rich list. Apart from this, now the wealth of two billionaires of the world has crossed $ 200 billion and Gautam Adani has come out of the top 20 in the list of billionaires.According to the report of Bloomberg Billionaire Index, after Elon Musk, Bernard Arnault’s wealth has also reached $ 200 billion. His net worth has increased by $ 96.6 billion so far this year.

Gautam Adani’s net worth is currently $60.3 billion and Adani has now slipped from top 20 to 21st position in the list of richest people. Gautam Adani’s wealth is continuously decreasing and Julia Fletcher is above Gautam Adani. Julia has a net worth of $62.3 billion. He is ranked 20th in the list of billionaires of the world. Chinese billionaire Zhong Shanshan is at number 18 with a net worth of $63.1 billion.

                                  Image Source- Google| Image By – newsdrum

Adani shares faced drastic fall in price

Shares of Adani group companies declined last week. Adani Power shares were the biggest loser. On Monday, the shares of 4 out of 10 companies of Adani Group are seen falling. Adani Group’s shares fell heavily after the Hindenburg report, which also saw a huge fall in Gautam Adani’s wealth. Interestingly, the Hindenburg Report which came on January 24 has given a big blow to the Adani Group and Gautam Adani.

“Article Credit: Vikas Yadav”

Read More: Economy

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