Gautam Adani: Asia's richest man in the eye of a storm

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India's Gautam Adani, the school drop-out turned billionaire who rose to become Asia's richest man, faces possibly his biggest challenge after shares in his companies slumped when a U.S. short seller cast doubts on their business practices.

Adani, from Gujarat in western India, built his empire from scratch after starting out as a commodities trader. India's Prime Minister Narendra Modi is from the same state and their relationship has long come under scrutiny by Modi's opponents.

Despite his riches the 60-year-old, who comes from a middle-class textile family, was far lesser known than other billionaires in a country where many inherit their wealth. In a 2014 interview with Reuters, when asked if he was friends with Modi, Adani said he had friends across the political spectrum, but avoids politics.

, for example, partnered with Adani last year to develop the world's biggest green hydrogen ecosystem.

Source: News Formal (newsformal.com)

 

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It's 🇮🇳. Corruption runs rampant. Government is unreliable, no one pays taxes, bribery is part of pay off. Country's majority Hindu population drinks a specific brand of modicum 'Nationalism' brand which is to say that they don't like anyone who is not 'like' them.

Ha ha He become most worthy in this time for both govt and opposition... You may see at last the bubble will blow without a boom... But investor mostly not from INDIA will face some big trouble with this issue.

I believe troubles begin after taking over media house NDTV . A big time public relation disaster .

I am beginning to believe that the USA plays by Calivn Hobb's rules.

.Hindenburg is Financial Terrorist & must be called out USTreasury This disaster named firm must b banned by USAGov Before they damage Economies of nations by Misleading Fake Narratives & dangerous fake Motivated Propoganda FinMinIndia Disaster Named Hindenburg

Corrupt and dishonest person

Oligarchs are radical, criminal looters

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India's Gautam Adani: Asia's richest man in the eye of a stormIndia's Gautam Adani, the school drop-out turned billionaire who rose to become Asia's richest man, faces possibly the biggest challenge of his career after a U.S. short seller cast doubts on his business practices, hammering shares in his companies and his reputation.
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