Billionaire Forrest Li’s Wealth Jumps $919 Million Overnight As Sea Posts First-Ever Quarterly Profit

Digital gaming and e-commerce firm Sea Ltd. posted its first-ever quarterly profit, sending its New York-listed shares soaring and boosting the fortunes of its billionaire cofounder Forrest Li by $919 million overnight. Sea reported late Tuesday a net profit of $422.8 million for the fourth quarter, …

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