On November 7, the 2025 Forbes China Mainland Rich List was unveiled. Amid intensified competition from Alibaba and JD.com, food delivery giant Meituan-W (03690.HK) faced profitability pressures, leading its chairman and CEO Wang Xing to see his net worth shrink by $6.2 billion (over 42%) to $8.4 billion. This marks the largest wealth decline—both in absolute and percentage terms—among all listed billionaires this year.