All Sessions by Anand Mangnale
Hindenburg Research vs. Asia's Richest Person (Gautam Adani)
Chadra Ballroom 1 & 2
This session will look at an investigation by a small U.S. short-seller, Hindenburg Research, into Indian industrialist Gautam Adani, who at the time was considered to be Asia's richest person (and the third richest person in the world), a position he lost when his estimated net worth plummeted from $120 billion to $46 billion within three weeks of Hindenburg's allegations of accounting fraud and stock manipulation, while his Adani Group's market value fell by $134 billion during the same period.