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Fortune
Fortune
Nicholas Gordon

Gautam Adani clings to position as world's richest Asian after Hindenburg report

Adani Group chairperson Gautam Adani (Credit: Indranil Mukherjee—AFP via Getty Images)

Almost a week after a feared short-seller put his company in its sights, Gautam Adani is just a few billion dollars away from losing his title as Asia’s richest person. 

As of Jan. 30, Adani, chairman of the Adani Group, is now the world’s 11th-richest man, with a fortune of $84.4 billion according to the Bloomberg Billionaires Index. That’s a huge drop from the $121 billion fortune he was estimated to have at the beginning of the year (which put Adani in third place, behind LVMH CEO Bernard Arnault and Tesla CEO Elon Musk). 

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