How long will the richest man in Asia hold out against the short sellers?

Just a week ago he was the third richest man in the world, now he's not even in the top ten. In the past three trading days alone, India's Gautam Adani is said to have lost an estimated $34 billion.

And that's because of a relatively unknown short seller from New York. Until now, Asia's richest man has been largely powerless against the attack by Hindenburg Research, which triggered the billions in value destruction. WELT explains what the American short seller accuses the very rich entrepreneur of and what the consequences for all of India could be.

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