China will lose 13,500 high-net-worth individuals with investable wealth of more than $1 million, followed by India with 6,500.
Its rise of Shein and its controversies have grabbed the fashion world by the lapels.
The age of unfettered gains for China's ultra-rich now appears to be coming to an abrupt end.
The co-founder of ride-hailing giant Didi will rise in the super-wealthy ranks when his firm lists in the U.S.
Larry Chen is close to losing his billionaire status as shares in his online-education business slump.
Pledging shares is usually safe in a bull market, but can cause problems when prices fall.
Once poised to regain the title of Asia’s wealthiest person, he’s since slipped to 25th on a list of the world’s 500 richest people.
Some electric vehicle founders and CEOs are growing in wealth more rapidly than Elon Musk.
Global wealth has rebounded from a first-quarter slump, according to the bank.
Petr Kellner’s push into China was meant to turbo-charge one of eastern Europe’s biggest fortunes.