money

Think you had a bad day? This Chinese business man lost 14 BILLION BUCKS in less than an hour!!!

According to Forbes magazine, Li Hejun was the second richest man in China (note: was), with a personal revenue of over $30 billion!! His success comes from his position as chairman of Hanergy Thin Film Power Group Ltd, a company that specializes in making solar power equipment.

On Wednesday, the Hong Kong Stock Exchange suspended trading because Hanergy Thin Film Power’s shares fell by over 40%, which means that Li Hejun lost over $14 billion!!!!!

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The only reason stock experts think the drop was so high is because Li didn’t attend an annual shareholder meeting. His rep says it’s because Li “had something to do”.

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I guess I should feel somewhat proud that my habit of cancelling plans doesn’t cost me $14 billion like some people…Or maybe I’m just not that important.

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BLAKE&WYLDE

(Images via westeastonpa)