Yang Huiyan, a majority shareholder in Chinese property giant Country Garden, saw her net worth plunge by more than 52 percent to $11.3 billion from $23.7 billion a year ago, according to the Bloomberg Billionaires Index.
She became Asia's richest woman two years later after the developer's initial public offering in Hong Kong. Buyers across the country, furious at lagging construction and delayed deliveries of their properties, have begun withholding mortgage payments for homes sold before completion.
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