Over Rs 4 trillion was lost by Gautam Adani in the last six months of 2023.

According to a Sunday Bloomberg article, Gautam Adani, the head of the Adani Group, lost more than Rs 4 trillion in the first half of 2023 (from January to June). The biggest one-day loss for a billionaire on record occurred on January 27 when Adani lost $20.8 billion in a single day.

The loss was ascribed to a study by US short-seller company Hindenburg Research, which charged Adani's organisation with stock manipulation and accounting fraud.

According to Hindenburg Research, Adani's organisation exaggerated its revenues and employed front firms to conceal its debt. The charges have been rejected by Adani's organisation, who calls them "false and defamatory."

According to the report, the 500 wealthiest people on the Bloomberg Billionaires Index made huge gains in the first half of 2023, adding $852 billion to their fortunes overall. The index's billionaires also experienced an average daily increase of $14 million, making this the most prosperous half-year for this privileged group since the second half of 2020, when the world economy began to recover from the effects of the Covid-19 pandemic.

Elon Musk was the biggest winner, increasing his net worth by $96.6 billion between January and June 2023. Musk launched the electric vehicle firm Tesla, and the success of Tesla has a significant impact on Musk's fortune. In the last year, the price of Tesla's shares has doubled in value.

CEO of Meta Platforms Inc. Mark Zuckerberg made $58.9 billion in the first half of 2023. The Bloomberg Billionaires Index shows that this is the individual with the second-largest rise.

The success of Meta, the parent company of Facebook, Instagram, and WhatsApp, heavily influences Zuckerberg's fortune. The price of Meta's shares has increased recently as well.

Gains for the richest people in the world coincide with a period when the world economy is struggling due to issues like growing prices and the conflict in Ukraine. The Bloomberg Billionaires Index's billionaires, however, have mostly escaped these difficulties because of the successful returns on their investments.