{"id":638944,"date":"2023-02-05T16:22:28","date_gmt":"2023-02-05T16:22:28","guid":{"rendered":"https:\/\/omni48.com\/?p=638944"},"modified":"2023-02-05T17:33:50","modified_gmt":"2023-02-05T17:33:50","slug":"two-wall-street-powerhouses-hit-by-the-fall-of-billionaire-adani-s-empire-2","status":"publish","type":"post","link":"https:\/\/omni48.com\/news\/two-wall-street-powerhouses-hit-by-the-fall-of-billionaire-adani-s-empire-2","title":{"rendered":"Two Wall Street Powerhouses Hit by the Fall of Billionaire Adani&#8217;s Empire"},"content":{"rendered":"<p>The two major U.S. institutional investors have exposure to the Adani Group conglomerate. Indian billionaire Gautam Adani saw his net worth melt by tens of billions of dollars in a matter of days. This disappearance of his fortune is happening at a speed comparable to his rise in the ghotta of the planet&#8217;s billionaires. Last September, Adani became by far the richest man in Asia and the second richest man in the world behind Elon Musk with a fortune estimated at $150 billion. This fortune is currently valued at $59 billion as of Feb. 4, according to Bloomberg Billionaires Index. It has melted a total of $91 billion in six months. But the real loss has been in the last 10 days. Since Jan. 24, Adani has seen his net worth plummet by $60 billion. This rout is linked to the turmoil in which accusations of fraud made by the short seller Hindenburg Research have plunged the conglomerate founded by<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The two major U.S. institutional investors have exposure to the Adani Group conglomerate.<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[36,1],"tags":[],"class_list":["post-638944","post","type-post","status-publish","format-standard","hentry","category-markets","category-news"],"acf":[],"_links":{"self":[{"href":"https:\/\/omni48.com\/api\/wp\/v2\/posts\/638944","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/omni48.com\/api\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/omni48.com\/api\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/omni48.com\/api\/wp\/v2\/comments?post=638944"}],"version-history":[{"count":0,"href":"https:\/\/omni48.com\/api\/wp\/v2\/posts\/638944\/revisions"}],"wp:attachment":[{"href":"https:\/\/omni48.com\/api\/wp\/v2\/media?parent=638944"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/omni48.com\/api\/wp\/v2\/categories?post=638944"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/omni48.com\/api\/wp\/v2\/tags?post=638944"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}