Asia's richest people lost $99 billion this year
Asia's 120 wealthiest people have collectively lost $99 billion this year, according to the Bloomberg Billionaires Index. China and Hong Kong are responsible for 67% of the region's losses with their 56 billionaires on the index shedding an average of $1.2 billion each. By comparison, rest of the world's richest 500 people have gained over $100 billion this year.n