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Gautam Adani rebounds from Hindenburg attack with a return to the $100 billion club

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Gautam Adani rebounds from Hindenburg attack with a return to the $100 billion club

Industrialist Gautam Adani‘s wealth has once again reached $100 billion, marking a significant rebound a year after his group’s share prices experienced a severe downturn due to market manipulation allegations by #hindenburgresearch. The Adani Group has since been vindicated of all charges.

As of now, Gautam Adani ranks as the 12th wealthiest individual globally, boasting a net worth of $101 billion, according to the Bloomberg Billionaires Index.

Adani Enterprises Limited, the flagship company, reported a remarkable 130% surge in profits last week. This positive financial performance has led to an eight-day consecutive rise in its shares.

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