
Indian family billionaires lead Asia’s surge, Hong Kong’s suffer reversal – Times of India
[ad_1] Hong Kong’s old-money families are feeling the chill of China’s downturn. An unprecedented four out of the five Hong Kong dynasties who rank among the 20 richest Asian clans have seen their fortunes erode over the past year, according to Bloomberg. The families — many of whom have substantial chunks of their riches in…