{"id":421189,"date":"2021-06-18T12:00:57","date_gmt":"2021-06-18T06:30:57","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=421189"},"modified":"2021-06-18T13:26:38","modified_gmt":"2021-06-18T07:56:38","slug":"tycoon-gautam-adani-loses-over-13-billion-in-worst-wealth-rout","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/tycoon-gautam-adani-loses-over-13-billion-in-worst-wealth-rout\/","title":{"rendered":"Tycoon Gautam Adani loses over $13 billion in worst wealth rout"},"content":{"rendered":"<p>NEW DELHI: Indian billionaire Gautam Adani\u2019s dream run up the global wealth rankings is faltering after a media report raising questions about some offshore investors triggered a rout in his conglomerate\u2019s six listed stocks. <\/p>\n<p>The 58-year-old tycoon has lost more money this week than anyone else in the world, with his personal fortune tumbling by about $13.2 billion to $63.5 billion, according to the Bloomberg Billionaires Index. Just days ago, he was closing the gap with Mukesh Ambani as Asia\u2019s richest man. <\/p>\n<p>The U-turn in shares started Monday after the Economic Times reported that India\u2019s national share depository froze the accounts of three Mauritius-based funds because of insufficient information on the owners.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW DELHI: Indian billionaire Gautam Adani\u2019s dream run up the global wealth rankings is faltering after a media report raising questions about some offshore investors triggered a rout in his conglomerate\u2019s six listed stocks. The 58-year-old tycoon has lost more money this week than anyone else in the world, with his personal fortune tumbling by about $13.2 billion to $63.5 billion, according to the Bloomberg Billionaires Index. Just days ago, he was closing the gap with Mukesh Ambani as Asia\u2019s richest man. The U-turn in shares started Monday after the Economic Times reported that India\u2019s national share depository froze the [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,246,137],"tags":[],"class_list":["post-421189","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-times-of-india","category-the-times-of-india"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/421189","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=421189"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/421189\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=421189"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=421189"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=421189"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}