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Who Lost, Who Won After Selloff Linked To DeepSeek Slams Markets
The world's 500 richest people, led by Nvidia Corp. co-founder Jensen Huang, lost a combined $108 billion on Monday as a tech-led selloff tied to Chinese AI developer DeepSeek sent major indices plunging.
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China's Former Richest Person Zong Qinghou Dies At 79
Zong Qinghou, a Chinese business magnate whose leading beverage firm once made him the richest person in the country, died on Sunday, his company said. He was 79.
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Chinese Billionaire Hui Ka Yan Loses 93% Of His Wealth: Report
Hui Ka Yan, the Chairman of China Evergrande Group was once worth $42 billion, which made him Asia's second-richest person. However, his wealth has declined to $3 billion.
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China Tells Evergrande Boss To Pay Debts With Own Cash: Report
Chinese authorities have told Evergrande founder Xu Jiayin, once the country's richest man, to use his personal wealth to alleviate the embattled company's debt crisis, according to media reports.
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This Tycoon Has Lost $14 Billion In Just 5 Months
Larry Chen, the former school teacher from a poor Chinese village who became one of the world's richest people, is closing in on losing his billionaire status as shares in his online-education business slump.
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Reclusive Chinese Water Tycoon Zhong Shanshan Is Now Asia's Richest Person
Until recently, few people had even heard of the Chinese billionaire with a gruff reputation who built a fortune on China's seemingly unquenchable demand for his ubiquitous red-capped bottled water.
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Jack Ma Loses Title as China's Richest Man After Coming Under Beijing's Scrutiny
Alibaba and Ant Group founder Jack Ma has lost the title of China's richest man, a list published showed, as his peers prospered while his empire was put under heavy scrutiny by Chinese regulators.
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Jack Ma Loses China's Richest Tag After Coming Under Beijing's Scrutiny
Alibaba and Ant Group founder Jack Ma has lost the title of China's richest man, a list published on Tuesday showed, as his peers prospered while his empire was put under heavy scrutiny by Chinese regulators.
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Jack Ma Donates 2 Million Masks for Coronavirus Crisis in Europe
Chinese billionaire and Alibaba co-founder Jack Ma has pledged to donate two million protective masks for distribution across Europe, with a first consignment arriving in Belgium late on Friday.
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"My Net Worth Now Zero," Says Anil Ambani
The brother of Asia's richest man was ordered to set aside $100 million in his dispute with three Chinese banks, even as he pleaded poverty.
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The Time Jet-Lagged Elon Musk Made Alibaba's Jack Ma Sound Grounded
Elon Musk and Jack Ma matched wits publicly for the first time. And boy, they didn't disappoint. An onstage debate between China's richest man and the Tesla Inc. boss left a largely Chinese audience both awestruck and dumbfounded as the pair sparred over everything from the existence of aliens to the preservation of human consciousness.
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Mukesh Ambani Turns 62. 10 Things To Know About Asia's Richest Man
Mukesh Ambani, Reliance Industries (RIL) Chairman and India's richest man, turns 62 today. Recently, the TIME's magazine featured the business tycoon in the list of "TIME 100 Most Influential People 2019". The list included US President Donald Trump, Pope Francis, Chinese President Xi Jinping, Pakistan Prime Minister Imran Khan, Facebook founder Ma...
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Philippines' Richest Man, Wealthier Than Rupert Murdoch, Elon Musk, Dies
The Philippines' wealthiest man Henry Sy, who rose from being a penniless Chinese immigrant to leading a multi-billion dollar business empire, died on Saturday, his conglomerate has announced.
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Jack Ma: From English Teacher To One Of The World's Richest Men
Jack Ma was a cash-strapped Chinese entrepreneur and former English teacher when he convinced friends to give him $60,000 to start a Chinese e-commerce firm called Alibaba in 1999
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Mukesh Ambani Overtakes Chinese Billionaire To Become Richest Man In Asia
Mr Ambani's wealth grew by $466 million owing to 1.22 per cent rise in the shares of Reliance Industries
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Who Lost, Who Won After Selloff Linked To DeepSeek Slams Markets
The world's 500 richest people, led by Nvidia Corp. co-founder Jensen Huang, lost a combined $108 billion on Monday as a tech-led selloff tied to Chinese AI developer DeepSeek sent major indices plunging.
-
China's Former Richest Person Zong Qinghou Dies At 79
Zong Qinghou, a Chinese business magnate whose leading beverage firm once made him the richest person in the country, died on Sunday, his company said. He was 79.
-
Chinese Billionaire Hui Ka Yan Loses 93% Of His Wealth: Report
Hui Ka Yan, the Chairman of China Evergrande Group was once worth $42 billion, which made him Asia's second-richest person. However, his wealth has declined to $3 billion.
-
China Tells Evergrande Boss To Pay Debts With Own Cash: Report
Chinese authorities have told Evergrande founder Xu Jiayin, once the country's richest man, to use his personal wealth to alleviate the embattled company's debt crisis, according to media reports.
-
This Tycoon Has Lost $14 Billion In Just 5 Months
Larry Chen, the former school teacher from a poor Chinese village who became one of the world's richest people, is closing in on losing his billionaire status as shares in his online-education business slump.
-
Reclusive Chinese Water Tycoon Zhong Shanshan Is Now Asia's Richest Person
Until recently, few people had even heard of the Chinese billionaire with a gruff reputation who built a fortune on China's seemingly unquenchable demand for his ubiquitous red-capped bottled water.
-
Jack Ma Loses Title as China's Richest Man After Coming Under Beijing's Scrutiny
Alibaba and Ant Group founder Jack Ma has lost the title of China's richest man, a list published showed, as his peers prospered while his empire was put under heavy scrutiny by Chinese regulators.
-
Jack Ma Loses China's Richest Tag After Coming Under Beijing's Scrutiny
Alibaba and Ant Group founder Jack Ma has lost the title of China's richest man, a list published on Tuesday showed, as his peers prospered while his empire was put under heavy scrutiny by Chinese regulators.
-
Jack Ma Donates 2 Million Masks for Coronavirus Crisis in Europe
Chinese billionaire and Alibaba co-founder Jack Ma has pledged to donate two million protective masks for distribution across Europe, with a first consignment arriving in Belgium late on Friday.
-
"My Net Worth Now Zero," Says Anil Ambani
The brother of Asia's richest man was ordered to set aside $100 million in his dispute with three Chinese banks, even as he pleaded poverty.
-
The Time Jet-Lagged Elon Musk Made Alibaba's Jack Ma Sound Grounded
Elon Musk and Jack Ma matched wits publicly for the first time. And boy, they didn't disappoint. An onstage debate between China's richest man and the Tesla Inc. boss left a largely Chinese audience both awestruck and dumbfounded as the pair sparred over everything from the existence of aliens to the preservation of human consciousness.
-
Mukesh Ambani Turns 62. 10 Things To Know About Asia's Richest Man
Mukesh Ambani, Reliance Industries (RIL) Chairman and India's richest man, turns 62 today. Recently, the TIME's magazine featured the business tycoon in the list of "TIME 100 Most Influential People 2019". The list included US President Donald Trump, Pope Francis, Chinese President Xi Jinping, Pakistan Prime Minister Imran Khan, Facebook founder Ma...
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Philippines' Richest Man, Wealthier Than Rupert Murdoch, Elon Musk, Dies
The Philippines' wealthiest man Henry Sy, who rose from being a penniless Chinese immigrant to leading a multi-billion dollar business empire, died on Saturday, his conglomerate has announced.
-
Jack Ma: From English Teacher To One Of The World's Richest Men
Jack Ma was a cash-strapped Chinese entrepreneur and former English teacher when he convinced friends to give him $60,000 to start a Chinese e-commerce firm called Alibaba in 1999
-
Mukesh Ambani Overtakes Chinese Billionaire To Become Richest Man In Asia
Mr Ambani's wealth grew by $466 million owing to 1.22 per cent rise in the shares of Reliance Industries
