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wealth fall

Culture Kings founders lose $500 million

The Aussie founders of a global fashion juggernaut have lost hundreds of millions of dollars in a stock market bloodbath. Simon and Tah-nee Beard founded the Culture Kings sneaker and streetwear empire back in 2008 on the Gold…

‘No contact’: Chinese billionaire vanishes

One of China’s most high-profile bankers has vanished, the company he runs has reported. It’s the latest incident of a business leader going missing in the country – and Beijing is suspected of being behind the disappearing act. Bao Fan,…