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This Hong Kong Executive Made $22 Billion This Year, And This Week He Lost Most of It

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Goldin Chairman Made, and Lost, Billions

Pan Sutong made $22 billion this year and then lost most of it. He says he doesn’t care.

The little-known electronics and property tycoon, who is based in Hong Kong, had jumped to number four on Bloomberg’s Asia wealth ranking last week as shares in his companies Goldin Financial Holdings Ltd. and Goldin Properties Holdings Ltd. surged more than 350 percent.