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Three Asian Billionaires Among the World’s Five Biggest Daily Wealth Losers, Report Says

TOUCH SOVANRITHYRead original

Summary

Citing Forbes real-time figures for October 22, a report lists business leaders from China, India and Japan among the five largest daily wealth losers, alongside Google’s Larry Page and Sergey Brin.

Three billionaires from China, India and Japan were among the five people with the largest daily declines in wealth worldwide on Thursday, October 22, according to the report.


Citing Forbes real-time data, the report said Robin Zeng, chairman of Contemporary Amperex Technology (CATL), described as the world’s largest battery manufacturer, recorded the largest one-day wealth decline. His fortune reportedly fell by US$5.9 billion as the company’s shares dropped 3.3% on Thursday, leaving him ranked 61st worldwide with wealth of US$37.3 billion.

The chairman of the Adani Group, described as India’s second-richest person, ranked fourth among the day’s biggest wealth losers, according to the report. His fortune fell by US$2.9 billion following a 1.8% decline in the company’s shares on Thursday, to US$75.3 billion, placing him 28th globally.
The chief executive of investment group SoftBank, described as Japan’s second-richest person, also saw his wealth decline. The report put the loss at US$2.8 billion as the company’s shares fell 6.9% on Thursday, leaving a fortune of US$53.3 billion and a global ranking of 34th.

The other two people on Thursday’s list of the five largest wealth losers were Google’s Larry Page and fellow co-founder Sergey Brin. Their fortunes fell to US$274.7 billion and US$252.8 billion respectively, according to the report. By: TOUCH SOVANRITHY

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