Tough Times for Billionaires: Gautam Adani’s troubles are not ending. Sometimes they become the target of short sellers and sometimes of the agency. Adani’s shares are in bad shape in the year 2025. Adani’s wealth has fallen drastically in the first two months of the new year.
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Tough Times for Billionaires: Adani’s Big Loss
According to the Bloomberg Billionaires Index report, Gautam Adani is the second person to lose the most wealth in the world in the year 2025. Gautam Adani, who lost his ranking in the list of the rich after the Hindenburg report, is currently the 23rd richest person in the world.
The net worth of Adani Group Chairman Gautam Adani has reduced by Rs 1.03 lakh crore since January 1 this year. Gautam Adani’s net worth has fallen the most after Elon Musk in the list of the world’s richest people. According to the Bloomberg Billionaires Index, Adani is at number 23 with a wealth of Rs 5.8 lakh crore.
At the same time, the net worth of Tesla and Space X owner Elon has decreased by Rs 3.05 lakh crore this year. Musk’s net worth is Rs 34.4 lakh crore. However, Musk remains the richest person in the world.
Tough Times for Billionaires: Fraud allegations impact Adani’s wealth
Last year, 8 people including Adani were accused of fraud worth billions of rupees in America. According to the charge sheet, Adani’s company had wrongly acquired renewable energy projects in India. For this, Adani was also accused of giving a bribe of 250 million dollars i.e. about Rs 2,029 crore to government officials.
Apart from this, the accused collected money by lying to American investors and banks. This entire matter was related to Adani Group company Adani Green Energy Limited and another firm. This case was registered in the Federal Court of New York on 24 October 2024.
Adani’s net worth declined by Rs 1 lakh crore After this news came, Adani’s net worth decreased by Rs 1.02 lakh crore. At the same time, Kenya canceled the deal with Adani Group for power transmission and airport expansion. Both the deals were worth Rs 21,422 crore.
These are Highest Earning Billionaires
Talking about the highest-earning billionaires, Facebook’s Mark Zuckerberg is at the forefront. This year his net worth has increased by $37.6 billion. At the same time, the net worth of French businessman Bernard Arnault has increased by $ 18.5 billion. The net worth of Bill Gates and Amancio Ortega has increased by $10 billion each.
The net worth of 15 of the world’s top 20 richest people has declined this year. Apart from Musk, Larry Page, Sergey Brin, Steve Ballmer, and Mukesh Ambani have lost their net worth.
Top 10 Billionaires
Zuckerberg is second in the list of the world’s richest people with $245 billion, Jeff Bezos ($243 billion) is third, Larry Ellison ($200 billion) is fourth, Arnault ($195 billion) is fifth, Gates ($169 billion) is sixth, Page ($166 billion) is seventh, Brin ($156 billion) is eighth, Warren Buffet ($151 billion) is ninth and Ballmer ($145 billion) is at tenth. At the same time, the total net worth of Shiv Nadar of HCL Tech has decreased by $ 4.53 billion to $ 38.6 billion.
Jay Chavda He is the Founder and Writer of businesspulsecare.com. He is an I.T Engineer, Freelancer, Businessman. He posts Business, Stock/Share Market, Finance Related News and updates on the website. 🔗