Adani Vs. Hindenburg: Battle That Toppled Asia's Richest Man

The conversational topic amongst all the financial literates around the nation is Adani vs. Hindenburg. It's been the hottest topic being reported in almost every news channel and every news medium in India. Because, it involved Gautam Adani, (former) World's third richest man, who was believed to ascend the throne of the Richest Man of the world. But, the Hindenburg report was completely out of the blue.

It knocked him and the company down so much that he is not even on the Top 10 Richest people in the world list. Gautam Adani is a renowned personality in India and if you are reading this, you probably know about him too. He is an Indian industrialist and a Billionaire. He is the founder and Chairman of Adani group, an Ahmedabad based Multi-National Conglomerate involved in Port development and Operations in India. He has established a foothold in the industry and created a leadership position in the market of logistics and energy utility business focusing on large scale infrastructure development in India. So, what is this Hindenburg? Hindenburg Research is an American company founded by Nathan Anderson in 2017. He is a Chartered Financial Analyst and Chartered Alternative Investment Analyst by profession. He graduated from University of Connecticut in International Business. He started out as an Ambulance driver in Israel and eventually established the company, Hindenburg Research.

Hindenburg Research steps in where retrieving the information is not easy for general public. The name 'Hindenburg' was adopted from the Hindenburg disaster in 1937. There was a German airship named Hindenburg, the largest airship by volume, which crashed leading to around 35 deaths.