← Back to events
ActiveBusiness

Shein CEO’s Wealth Slumps $15 Billion After Whittled-Down IPO

Photo: Bloomberg Technology

What happened

Chinese fast-fashion business Shein Global Holdings Ltd. was once worth more than the parent companies of H&M and Zara, giving its reclusive boss Sky Xu a net worth of more than $23 billion.

Summary assembled by rule from the sources below

Why it's spreading

Sources