Bobby Yip/Reuters
- China Evergrande founder's fortune plunged to $979 million, from its peak of $42 billion in 2017.
- The wealth plunge follows a tumble in Evergrande's share price.
- Once China's second-largest property developer, Evergrande has been mired in a debt crisis since 2021.
Hui Ka Yan, the founder and chairman of embattled Chinese property developer Evergrande, was once Asia's second-richest person worth $42 billion in 2017. But the tycoon has fallen far from his perch.