Short-seller Hindenburg has fueled a massive wealth wipeout for 3 of the world's richest men this year
Icahn's wealth fell from $10.5 billion to $8 billion that day alone, per Bloomberg's index.with big bets against EV corporation Nikola and the Chamath Palihapitiya-backed firm Clover Health, has hit headlines this year with its high-profile reports targeting the three billionaires' companies.
Its attacks have erased $173 billion from the value of their publicly-traded companies, with the brunt of those losses borne by listed firms under the Adani Group umbrella, perPerhaps surprisingly, Hindenburg and its founder Nate Anderson probably only made tiny gains this year, according to the outlet, which cited data from S3 Partners showing the short-seller would have earned just $56 million from its bet against Icahn if it perfectly timed its exits.
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