Richest woman in Asia loses half of her fortune | Abroad

Yang saw her fortune shrink from USD 23.7 billion (about the same amount in euros) to USD 11.3 billion in one year. The woman is a shareholder of Country Garden, the largest real estate developer in China. The company was founded by her father.

The real estate sector in China has been shaking to its foundations for some time, and that crisis only seems to be getting worse lately.

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