In a surprising turn of events, Gautam Adani has reclaimed his position as Asia's wealthiest person, surpassing Mukesh Ambani. This significant shift follows a recent Supreme Court decision that halted new investigations into allegations against Adani's conglomerate by Hindenburg Research. Adani's wealth saw an astonishing surge of $7.7 billion in just one day, reaching an impressive $97.6 billion, placing him back at the top. The Adani Group faced a challenging year, grappling with accusations of corporate fraud from Hindenburg Research, which led to a substantial market value drop exceeding $150 billion. Despite these hurdles, Adani's stocks rallied after the Supreme Court directed the markets regulator to conclude its investigation within three months, marking the end of a year-long battle with short-sellers. This legal reprieve resulted in a remarkable $13.3 billion wealth gain for Adani, making it the largest such increase globally in 2024, following one of the mos
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