BUSINESS

Worldwide wipeout for billionaires

On Monday, 24 people lost at least $1 billion in the market

Jill Mao and Tom Metcalf Bloomberg News

HONG KONG — Asia's richest person lost $3.6 billion on Monday, the most among all billionaires worldwide, as China's stock markets had the biggest plunge since 2007 and a wave of selling spread across the globe.