Sep

Rich Asians See Crazy Big Losses Amid Longest Market Sell-Off

More than two-thirds of the toll is from China and Hong Kong
Combined wealth of billionaires from other regions rose 2.7%

Asia may be minting the most billionaires these days, but the fortunes held by the very richest are shrinking.

The region’s 120 wealthiest people have collectively lost $99 billion this year, according to the Bloomberg Billionaires Index. By comparison, the 173 richest Americans have gained $132 billion…

Categories : Finance

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Rich Asians See Crazy Big Losses Amid Longest Market Sell-Off

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