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Asian chip sell-off wipes more than $18bn from 22 billionaires' wealth

NewsFeeds update

As a global tech sell-off spread to Asia, 22 billionaires from China, Japan and South Korea in the world's 500 richest people lost more than $18bn, later down from over $21bn, by 02:00 UTC. Masayoshi Son lost the most, $3.9bn, leaving him about $29bn.

MacroOdailyAINeutral

Read the original on Odaily

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Every update is a short rewrite, by AI in our own words, of a flash from the outlet named on it, credited and linked. Not investment advice.