Asia’s richest man loses about $13 billion

Asia's richest man Wang Jialing has lost about $13 billion in China's stock market crash.Wang recently overtook Hong Kong billionaire Li Cashing as Asia's richest man.Wang spent 16 years as a soldier before achieving billionaire status by amassing an empire as founder of the Dalian Wanda Group, a conglomerate that operates in real estate and entertainment.

Asia’s richest man Wang Jialing has lost about $13 billion in China’s stock market crash.Wang recently overtook Hong Kong billionaire Li Cashing as Asia’s richest man.Wang spent 16 years as a soldier before achieving billionaire status by amassing an empire as founder of the Dalian Wanda Group, a conglomerate that operates in real estate and entertainment.

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