Last year, Bloomberg Billionaires Index listed Mr Forest Li, Shopee founder, as the richest person in Singapore. However, the co-founder of Sea Ltd., a holding company for Shopee, has since lost over 80 percent of his fortune due to a market crash that caused the world’s 500 richest people to lose over $US1 trillion (SGD1.4 … Continue reading Forest Li, Shopee Founder’s S$22.6 Billion Loss Amid Market Downturn