Evergrande’s Hui Ka Yan jailed for life: Inside the rise & fall of China’s once-richest man—how much is his net worth?
Hui Ka Yan, founder of Evergrande and once China's richest man, was sentenced to life in prison for fraud and embezzlement. The Shenzhen court fined him CNY 8.82 billion, marking a significant fall from grace. Evergrande has been facing financial collapse since 2021.
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