Gautam Adani’s net worth drops by $5 billion after short-seller targets his business

  • Gautam Adani, the world’s richest Asian, saw his net worth decrease by more than $5 billion in a day.
  • Hindenburg Research alleged that Adani’s conglomerate is involved in market manipulation and accounting fraud.
  • Shares in Adani’s listed businesses dropped as a result.
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