India's richest man Gautam Adani loses $100bn in less than a week

India's richest man has seen his personal wealth shrink by billions in less than a week.

After a two-year investigation the report accuses the companies of stock manipulation and accounting fraud.It says the family-led businesses and their shell companies lend money to each other to launder it and cook their books. The Adani Group released a 413-page rebuttal saying this was a"calculated attack on India" and warned of legal action against Hindenburg.In response, Hindenburg said the Adani Group"predictably tried to lead the focus away from substantive issues and instead stoked a nationalist narrative".

Shall i start a whip round, may need help with his rent now!!!

my heart bleeds......

How?

I think ultimately, we shouldn’t worry about the sub-set of people that can lose a Billion and still be just fine….

Presumably immediately after telling Musk to hold his beer

Nothing last forever

Did he turn his heating on?

My heart bleeds for him

Boy, the Indian My Pillow must really be selling poorly.

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