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The Business Brief MONDAY, 31 AUGUST 2026
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Shein CEO’s Wealth Slumps $15 Billion After Whittled-Down IPO

1 source ·1 article ·1h ago

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.

Covered by 1 outlet

Bloomberg 1

All coverage · 1 article

Bloomberg Technology ·1h ago

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.