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Did Tiger Global Foundation go bankrupt due to huge losses?
Tiger Global Fund will go bankrupt later. According to relevant public data, as of September 2022, the total assets managed by Tiger Global Fund were about 58 billion US dollars, down from 654.38 billion US dollars at the end of the year. This year, the total assets management scale of Tiger Global Fund has decreased by 42 billion US dollars (about 300 billion yuan). It is reported that this is one of the biggest declines in the asset management industry.