Gautam Adani was defeated by SBF 3x in a row.

In a week, Gautam Adani suffered 3 losses to SBF.

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In a week, Gautam Adani suffered 3 losses to SBF.

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in just six trading days, according to a Market Insider article, Gautam Adani lost $52 billion.

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In contrast, SBF lost all of its $16 billion worth of assets in less than a week following FTX's demise, according to Bloomberg.

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Since the publication of Hindenburg's research on January 24, the market value of the Adani Group firms has plummeted by almost half.

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The Adani Group was charged with "brazen stock manipulation and accounting fraud schemes," according to the article.

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Adani now dropped to rank 21st on the Bloomberg Billionaires Index with a net worth of $61.3 billion.

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Additionally, Mukesh Ambani has surpassed Gautam Adani as the richest Indian.

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According to reports, Adani's net worth was $150 billion in September 2022.

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