5 Asian billionaires lead world in single-day wealth loss
Five billionaires, comprising three from China, one from Indonesia and one from South Korea, were the biggest wealth losers in the world on Monday, with a combined net worth decline of US$5.3 billion.
Five Asian billionaires experienced their largest single-day wealth losses, according to Forbes data. Chen Jianhua, 55, chairman of Hengli Group, lost $1.2 billion, or 4.5%, reducing his wealth to $25.7 billion and dropping him to 95th globally. Wang Weixiu, 75, saw a $1.1 billion loss, or 5.6%, bringing his net worth down to $18.8 billion, placing him at 147th.
Xiaomi founder Lei Jun, 56, lost $1.1 billion, or 5.1%, reducing his fortune to $19.9 billion, ranking him 136th. Prajogo Pangestu, 82, the third-richest man in Indonesia, lost $1 billion, or 7%, bringing his wealth to $13.4 billion, dropping him to 45th globally. Samsung Electronics chairman Jay Y. Lee, 58, experienced a $867 million loss, or 2.7%, reducing his wealth to $31.3 billion, placing him at 73rd in the rankings.
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