New York | Asia’s once-richest woman has lost more wealth than any other billionaire in the world in just over two years as her Chinese property development company falls deeper into a debt crisis.
Yang Huiyan, chair of Country Garden Holdings, has seen her fortune slump by 84 per cent since its peak in June 2021, including a drop of 8.2 per cent on Tuesday alone, according to the Bloomberg Billionaires Index.
