How This Chinese Vaping Billionaire Became One Of The World's Richest Women In Three Years
How This Chinese Vaping Billionaire Became One Of The Worldâs Richest Women In Three Years Share to Linkedin Kate Wang, 39, jumped into the ranks of the worldâs richest when her vaping company RLX went public on the New York Stock Exchange in January. Now the Procter & Gamble and Uber veteran faces looming threats from Chinese regulators and skeptical investors. In a period of 55 hours starting on the morning of March 22, shares in Chinese vaping company RLX Technology collapsed 54%, slashing more than $16 billion from the startupâs market cap. The slump continued through the w...
Source: forbes.com