After Whittled-Down IPO, Shein CEO’s Wealth Slumps $15 Billion
Corroborated by 2 sources from 2 publishers
globalpolitics6h ago
TL;DR
Shein CEO’s Wealth Slumps $15 Billion After Whittled-Down IPO Chinese fast-fashion business Shein Global Holdings Ltd. was once worth more than the parent companies of H&M and Zara, giving its reclusive boss Sky Xu a net worth of more than $23 billion. A Shein spokesperson didn’t respond to a request for comment.