Each member of the Bloomberg Billionaires Index made an average of US$14 million per day over the past six months
, according to data compiled by Bloomberg. It was the best half-year for billionaires since the back half of 2020, when the economy rebounded from a COVID-induced slump.Sign up to receive daily headline news from the Calgary Herald, a division of Postmedia Network Inc.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc. You may unsubscribe any time by clicking on the unsubscribe link at the bottom of our emails or any newsletter.
Gautam Adani’s net worth sank the most in the six-month period, losing US$60.2 billion. Adani, chairman of Adani Group, also posted the biggest one-day loss of any billionaire, shedding about US$20.8 billion on Jan. 27, after short seller Hindenburg Research accused his conglomerate of accounting fraud and stock manipulation — a claim Adani denies.
Hindenburg, founded by Nate Anderson, also knocked down the net worth of another billionaire: Carl Icahn. His Icahn Enterprises LP had its steepest one-day drop after Hindenburg disclosed it was shorting the shares, saying the stock was significantly overvalued relative to its holdings. Icahn’s net worth fell US$13.4 billion, or 57 per cent — the largest percentage drop of any member of the Bloomberg Billionaires Index in the period.
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