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A month on, Adani drops from 3rd to 38th in rich list

Gautam Adani is now placed at the 38th spot in the Forbes rich list, a far cry from the third position just before the Hindenburg report was published, which impacted his group's stock prices. Currently, Adani's net worth is estimated at $33.4 billion, according to Forbes' real-time tracker, which is an erosion of over $85 billion from $119 billion before the report was published on January 24.

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