China online game firm billionaire loses â¹11,500 cr in a day
A 9.8% plunge in stock price of Chinese online and mobile game giant NetEase on Thursday erased $1.8 billion (â¹11,500 crore) from Founder William Dingâs fortune. After the plunge, Ding's net worth stood at $17 billion (over â¹1 lakh crore), and he was ranked as the worldâs 63rd richest person. Notably, NetEase dropped after reporting a lower-than-expected increase in profit.