Latest news with #YatGaiAu
Bloomberg
14 hours ago
- Business
- Bloomberg
Mystery $33 Billion Medicine Fortune Collapses in Days
By , Pui Gwen Yeung, and Nicola M White Updated on Save When Yat-Gai Au was worth $33 billion on paper, he wasn't in his Hong Kong office. One week later, when his net worth plunged to $10.1 billion, he wasn't around either.
Bloomberg
a day ago
- Business
- Bloomberg
Mystery $33 Billion Chinese Medical Fortune Collapses In Days
When Yat-Gai Au was worth $33 billion on paper, he wasn't in his Hong Kong office. One week later, when his net worth plunged to $10.1 billion, he wasn't around either.
Bloomberg
17-06-2025
- Business
- Bloomberg
Blistering Rally in Herbal Medicine Stock Mints $26 Billion Fortune
A blistering rally in a tiny, money-losing traditional Chinese medicine company's stock has vaulted its founder's net worth to among the world's 100 largest fortunes. The firm, Hong Kong-based Regencell Bioscience Holding Ltd., was for all intents and purposes trading as a microcap stock on the Nasdaq just eight weeks ago. But its shares have since exploded, gaining more than 46,000% this year as of Monday's close. The move has boosted the value of Chief Executive Officer Yat-Gai Au's 86% stake to $25.6 billion, according to the Bloomberg Billionaires Index, making Au's paper wealth greater than rich-list stalwarts such as Jerry Jones and Masayoshi Son.
