{"id":565385,"date":"2023-03-24T11:34:37","date_gmt":"2023-03-24T06:04:37","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=565385"},"modified":"2023-03-24T12:55:53","modified_gmt":"2023-03-24T07:25:53","slug":"hindenburg-adanis-wealth-down-60","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/hindenburg-adanis-wealth-down-60\/","title":{"rendered":"Hindenburg: Adani\u2019s wealth down 60%"},"content":{"rendered":"<p>Industrialist 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 networth is down 60% from its peak, as per the M3M Hurun Global Rich List, which pegged Adani\u2019s overall fortune at $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 networth declined by 20% to $82 billion.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Industrialist 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 networth is down 60% from its peak, as per the M3M Hurun Global Rich List, which pegged Adani\u2019s overall fortune at $53 billion as of mid-March. Ambani also suffered a decline in his fortune but could displace Adani as the richest Indian as his networth declined by 20% to $82 billion.<\/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-565385","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\/565385","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=565385"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/565385\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=565385"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=565385"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=565385"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}