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Evergrande
Money and Wealth

Evergrande Group’s founder Hui Ka Yan is no longer a billionaire – From $42 billion to less than $1 billion

Hui Ka Yan, who's also known as Xu Jiayin, is the founder and chair of the Chinese property giant, Evergrande. Unfortunately, he's no longer a billionaire, and his net worth has dropped to $979 million. The shares of his debt-laden real estate firm are now trading at just HK$0.24 (3 cents) each....
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