Amer Holding News Today

Forbes Billionaire Index 2024 highlights a drastic decline in Byju Raveendrans net worth, plummeting from ₹17,545 crore ($2.1 billion) to zero. This sharp downfall follows crises within his startup, Byjus, once valued at $22 billion. The companys financial woes, including a staggering net loss exceeding $1 billion, led to a significant devaluation, with BlackRock marking its worth at just $1 billion. Shareholders recently voted to remove Raveendran as CEO amidst ongoing challenges.

The net worth of Wang Wenyin cut in half after a Chinese court ordered a three-year freeze on all of the shares in his privately held metals giant Amer International Group.