{"id":552904,"date":"2023-02-04T11:04:23","date_gmt":"2023-02-04T05:34:23","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=552904"},"modified":"2023-02-04T13:14:19","modified_gmt":"2023-02-04T07:44:19","slug":"adanis-rs-4-76-lakh-crore-wealth-wipeout-in-six-days-has-few-parallels","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/adanis-rs-4-76-lakh-crore-wealth-wipeout-in-six-days-has-few-parallels\/","title":{"rendered":"Adani\u2019s Rs 4.76 lakh crore wealth wipeout in six days has few parallels"},"content":{"rendered":"<p>Gautam Adani has seen Rs 4.76 lakh crore erased from his personal fortune in the span of just six trading days \u2014 a downfall so spectacular that it defies just about every historical comparison. <\/p>\n<p>He\u2019s not quite like onetime crypto wunderkind Sam Bankman-Fried or Archegos Capital Management\u2019s Bill Hwang, who went from tens of billions to nothing in a flash as their leveraged trades imploded. After all, even after a share-price collapse in the wake of Hindenburg Research\u2019s short-seller report, Adani oversees a sprawling conglomerate that builds capital-intensive infrastructure such as ports and airports in line with Prime Minister Narendra Modi\u2019s development goals.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Gautam Adani has seen Rs 4.76 lakh crore erased from his personal fortune in the span of just six trading days \u2014 a downfall so spectacular that it defies just about every historical comparison. He\u2019s not quite like onetime crypto wunderkind Sam Bankman-Fried or Archegos Capital Management\u2019s Bill Hwang, who went from tens of billions to nothing in a flash as their leveraged trades imploded. After all, even after a share-price collapse in the wake of Hindenburg Research\u2019s short-seller report, Adani oversees a sprawling conglomerate that builds capital-intensive infrastructure such as ports and airports in line with Prime Minister Narendra [&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":[146,130,234],"tags":[],"class_list":["post-552904","post","type-post","status-publish","format-standard","hentry","category-deccan-herald-newspapers","category-newspapers","category-power-deccan-herald-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/552904","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=552904"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/552904\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=552904"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=552904"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=552904"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}