Hui Ka Yan was once one of the countries richest men

Chinese property developer Hui Ka Yan has been sentenced to life in prison. The decision marks a milestone in Evergrande's saga after it collapsed with more than $300 billion in…

Almost five years after Evergrande triggered a property crisis in China, its disgraced founder Hui Ka Yan has been sentenced to life in prison.

A Chinese court ordered all of Hui Ka Yan's personal property confiscated.