China’s onetime richest man has lost everything but creditors are still owed $300 billion
- Posted on August 21, 2026
- By Fortune
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- 1 min read
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China’s onetime richest man has lost everything but creditors are still owed $300 billion
A court accepted a liquidation against Evergrande’s property development unit a day after 67-year-old founder Hui Kan Yan was sentenced to life in prison.
