date:Oct 13, 2012
ear, caused by the economic slowdown.
Several property tycoons also suffered, with last year's list leader Liang Wengen seeing his worth drop $3.4 billion as demand slowed for the building materials produced by Sany Heavy Industry Co Ltd, which he chairs.
The real estate sector as a whole also saw several casualties within the list, as property deals cooled and developers saw projects shelved and prices slow.
All those ups and downs of rich people in China in different industries lead to the