Tuesday, August 25, 2015
Asia's richest man lost $13 billion in China crash - Aug. 25, 2015
Ouch! Asia's richest man Wang Jianlin has lost about $13 billion in China's stock market crash.
Since Chinese stocks peaked in June, shares of Wang's publicly traded companies have tumbled in Hong Kong and Shenzhen -- eroding his personal wealth. He lost a whopping $3.6 billion in just the past two trading sessions -- roughly a third of his total losses this summer.
Asia's richest man lost $13 billion in China crash - Aug. 25, 2015
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