Thai billionaire's wealth halved as company's shares tank
Thailand-based renewable energy producer Energy Absolute's CEO Somphote Ahunai has lost almost half of his wealth after the company's shares plunged 46% in a month. This was the biggest drop among the 456 energy companies with market values exceeding $1 billion, according to Bloomberg. Somphote saw his fortune slump to as low as $1.6 billion.