Chinese robot tycoon Wang Xingxing’s wealth jumps to $16B as investors bet on world’s biggest humanoid-robot maker
Shares of the Hangzhou-based robot maker jumped as much as 629% on Wednesday, giving the company a market cap of 445 billion yuan (US$66 billion), according to the South China Morning Post. Wang, 36, first joined the ranks of billionaires in early August when Forbes estimated his stake to be worth $2.4 billion at the … Read more