SHANGHAI -- The fortunes of China's wealthiest have plunged by the most in over two decades as a property market crisis and Beijing's strict COVID curbs hammer growth, according to an annual rich list published on Tuesday.
Business trends
Chinese billionaire fortunes drop most in two decades: report
Real estate mogul Yang Huiyan takes biggest loss amid property sector crisis
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Chinese billionaires Pony Ma, Yang Huiyan and Zhong Shanshan, from left. Tencent's Ma and developer Country Garden's Yang saw their fortunes drop this year (Source photos by Getty Images/Reuters/AP)
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