CosmicTaco

Adani Family Net Worth Plummets by 20% Amid Stock Selloff

CosmicTaco · 2024-11-22T07:59:11.157818+05:30

- The Adani family's net worth fell by 20.1% to Rs 7.8 trillion due to a selloff in Adani group stocks. - This decline erased a significant portion of the gains made during the Adani stock rally earlier this year. - The combined market capitalisation of listed Adani group companies also fell by 15.7%. Source: [Business Standard](https://www.business-standard.com/companies/news/gautam-adani-family-net-worth-falls-20-to-around-rs-7-8-trillion-124112101174_1.html)

The Adani family's net worth fell by 20.1% to Rs 7.8 trillion due to a selloff in Adani group stocks.
This decline erased a significant portion of the gains made during the Adani stock rally earlier this year.
The combined market capitalisation of listed Adani group companies also fell by 15.7%.

Source: Business Standard