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Beijing Tells Evergrande’s Billionaire Founder To Repay The Insolvent Company’s Debts

Beijing Tells Evergrande’s Billionaire Founder To Repay The Insolvent Company’s Debts

BY Tyler Durden | ZeroHedge Hui Ka Yan, founder of China Evergrande Group, had once amassed a fortune of $42.5 billion, placing him at the top of the wealth rankings for all of Asia. But 73% of that immense fortune has now evaporated, and the tycoon will almost certainly lose even more as anxious creditors, […]