China’s Internet Billionaires Suffer $73 Billion Wipeout As Economy Slows And Government Cracks Down

https://www.forbes.com/sites/ywang/2021/12/03/chinas-internet-billionaires-suffer-73-billion-wipeout-as-economy-slows-and-government-cracks-down/
The fortunes of China’s richest Internet billionaires are still getting slammed, with four of the country’s best-known tycoons– Colin Huang , Jack Ma , Pony Ma , and Wang Xing —losing more than $73 billion from their combined net worth since April, when Forbes published this year’s World’s Billionaires List . The tycoons face heightening…