Gautam Adani had his moment in the spotlight last year when he briefly became the world’s second-richest person. But after the Indian billionaire’s fortunes plummeted spectacularly over the past week, he may now be up against the biggest business and reputational challenge of his career.
For a time last year, Adani’s $120 billion net worth put him in the company of Elon Musk and Bernard Arnault as one of the world’s wealthiest people, and the outright richest person in Asia. He built his wealth on the back of his sprawling Adani Group, a conglomerate that manages ports, airports, power plants, coal mines, food companies, and more.
