Hong Kong Billionaire Horst Julius Pudwill’s Fortune Drops After Short-Seller’s Attack Forbes – Markets

Hong Kong Billionaire Horst Julius Pudwill’s Fortune Drops After Short-Seller’s Attack Forbes – Markets

Horst Julius Pudwill, the cofounder and chairman of Techtronic Industries, saw his net worth tumble more than $670 million over the past two days after a little-known short-seller accused his power tool company of manipulating its profit and using fraudulent accounting practices.

Read More