China’s Health-Care Tycoons Lose $17 Billion as Crackdown Spreads
- Sweeping anti-graft campaign sends shares in sector tumbling
- Aier Eye Hospital chairperson Chen Bang slides $3.4 billion
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China’s latest anti-corruption crackdown is hammering the personal wealth of the nation’s health-care tycoons.
The combined fortunes of the top 15 Chinese health-care billionaires has fallen to $84.1 billion from $101.4 billion at the end of last year, according to the Bloomberg Billionaires Index.