China's Richest People Just Lost About $100 Billion in a Month
Market Seesaw Reshapes Global Wealth Landscape
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It takes an iron stomach to be one of the richest people in China.
Billionaires from China and Hong Kong who rank among the 400 wealthiest people on earth gained $121 billion this year through June 12, 2015, when equity markets peaked there. They lost almost $100 billion as shares plummeted this month, including $30 billion at the start of the week, before the rally on Thursday and Friday.