22 May 2015 12:52:35 IST

China's richest man loses $15 billion in half hour

His company’s, Hanergy Thin Film Power Group, stocks fell by nearly half

Li Hejun, the richest man in China until last week, may have set a new record in suddenly losing wealth. Li's wealth dropped by $15 billion in half an hour, when his company’s - Hanergy Thin Film Power Group - stocks fell by nearly half, according to an NBC News article. Li's total fortune was around $30 billion before the stocks plunged. Click this to read the whole story