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Business & Finance

Shein CEO’s Wealth Slumps $15 Billion After Whittled-Down IPO

Bloomberg Technology Sunday 30 August 2026, 23:00 UTC By Dave Sebastian and Pui Gwen Yeung 1 min read
Key Points

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.

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.
Shein (PERSON) IPO (ORG) Chinese (ORG) Shein Global Holdings Ltd. (ORG) Zara (LOCATION) Sky Xu (PERSON)
Originally published by Bloomberg Technology Read original →

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