{"id":565020,"date":"2023-03-23T11:07:11","date_gmt":"2023-03-23T05:37:11","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=565020"},"modified":"2023-03-23T12:25:01","modified_gmt":"2023-03-23T06:55:01","slug":"hindenburg-impact-gautam-adanis-wealth-down-60-per-cent-cedes-richest-indian-tag-to-ambani","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/hindenburg-impact-gautam-adanis-wealth-down-60-per-cent-cedes-richest-indian-tag-to-ambani\/","title":{"rendered":"Hindenburg impact: Gautam Adani\u2019s wealth down 60 per cent; cedes richest Indian tag to Ambani"},"content":{"rendered":"<p>Gautam Adani\u2019s fortunes have suffered a severe setback on concerns over corporate governance and accounting fraud, leading to Reliance Industries\u2019 Mukesh Ambani replacing the Ahmedabad-based industrialist as the richest Indian.<\/p>\n<p>Adani lost Rs 3,000 crore of wealth every week over the last year and his overall net worth is down 60 per cent from its peak, as per the M3M Hurun Global Rich List, which pegged Adani\u2019s overall fortune at USD 53 billion as of mid-March.<\/p>\n<p>Ambani also suffered a decline in his fortune but could displace Adani as the richest Indian as his net worth declined by 20 per cent to USD 82 billion.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Gautam Adani\u2019s fortunes have suffered a severe setback on concerns over corporate governance and accounting fraud, leading to Reliance Industries\u2019 Mukesh Ambani replacing the Ahmedabad-based industrialist as the richest Indian. Adani lost Rs 3,000 crore of wealth every week over the last year and his overall net worth is down 60 per cent from its peak, as per the M3M Hurun Global Rich List, which pegged Adani\u2019s overall fortune at USD 53 billion as of mid-March. Ambani also suffered a decline in his fortune but could displace Adani as the richest Indian as his net worth declined by 20 per [&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":[130,247,150],"tags":[],"class_list":["post-565020","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-tribune","category-the-tribune"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/565020","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=565020"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/565020\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=565020"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=565020"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=565020"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}