Gautam Adhani's timing is not right

Gautam Adhani has been facing serious challenges since the Hindenburg Report came out earlier this year. He also continues to slide down the list of the world's richest people. In this case, he has also suffered a decline in the Bloomberg billionaires list for the world's richest people. He has dropped out of the top 20 in the list of the world's richest people.

Gautam Adhani

 

What is the rank of Gautam Adani in richest list

Gautam Adani has been removed from 20 places in the list of the world's richest people, according to both the Forbes and Bloomberg Billionaires Indices. He is now ranked at 23rd on the Forbes list and 26th on the Bloomberg list, with a net worth of approximately $43.4 billion.

Adani's fall from the top 10 richest people in the world comes after a series of allegations of stock manipulation and accounting fraud by the US-based short seller Hindenburg Research. The Adani Group has denied these allegations, but they have led to a sell-off in Adani Group shares, wiping billions of dollars off Adani's personal wealth.

According to the Bloomberg Billionaires Index, as of October 11, 2023, the following people have more property value than Gautam Adani:

• Jeff Bezos ($195 billion)
• Elon Musk ($190 billion)
• Bernard Arnault ($180 billion)
• Bill Gates ($129 billion)
• Warren Buffett ($128 billion)
• Larry Page ($127 billion)
• Sergey Brin ($126 billion)
• Mark Zuckerberg ($125 billion)
• Mukesh Ambani ($82.9 billion)
• Zhong Shanshan ($69.2 billion)
• Francoise Bettencourt Meyers & family ($67.8 billion)
• Amancio Ortega ($66.5 billion)

It is important to note that this list is based on estimated net worth, which includes the value of all of a person's assets, including property. It is also important to note that the value of property can fluctuate over time, so this list may change in the future.

In addition to the people listed above, there are also a number of other people who may have more property value than Gautam Adani, but whose net worth is not publicly disclosed. For example, there are a number of wealthy families who own large estates and other valuable properties.

It is also worth noting that the value of property can vary widely depending on location and type. For example, a mansion in Manhattan may be worth more than a large estate in a rural area. Therefore, it is difficult to make a definitive comparison of the property values of different people.

It is important to note that Adani is still an incredibly wealthy man, and his ranking on the list of the world's richest people could fluctuate in the future. However, the recent allegations against the Adani Group have raised serious concerns about the company's corporate governance practices and financial health.