The report of American research firm Hindenburg created such a stir that Adani is not able to get up. Due to this report, the difficulties of Adani Group which started, are not taking the name of ending till now. Even on February 22, most of the shares of Gautam Adani are being seen under pressure. Efforts are being made by Adani to win the trust of the investors, but they are failing. To win back the confidence of investors, Adani Ports has repaid a loan of Rs 1500 crore. Pledged shares were also released, talked about prepayment of loan, but nothing seems to be of any use. Adani group shares have lost over $135 billion in combined market cap since the Hindenburg report. The wealth of Gautam Adani himself is continuously falling.
The effect of the fall in Adani's shares is that Gautam Adani's wealth started falling as soon as the market opened. Within a few hours, Gautam Adani lost $5.5 billion i.e. Rs 4,55,46,32,50,000. Gautam Adani's troubles are not taking the name of abatement. Adani has lost more than half of his wealth in the last 27 days. The wealth of Gautam Adani, once the world's second richest industrialist, has come down to $44.1 billion. Gautam Adani has dropped from number two to number 26 in the Forbes Real Time Billionaire list.