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Why Do Chinese Billionaires Keep Ending Up in Prison?

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Apr 17, 2019
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In the last fifteen years, China has produced greater overall wealth than any other country. The number of its billionaires has gone from a mere 15 to around 250 in just six years, but for a number of these people this vaulted status is short-lived. According to one study, 17 percent of those on the list end up squealing their way to court or end up in jail. If they're lucky, those who are caught are investigated and jailed. Some are even executed. Also Jack Ma, the famous Alibaba founder and once the richest man of China is now suddenly missing. I show you the past track record of Chinese govt and Chinese president Xi Jingping on how it treats Chinese Billionaires, Real Estate Tycoons and the rich businessmen in the country. I also tell you the story behind rise of Alibaba and how it competes with Amazon, Paypal and eBay.
 

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That is good and shows china is not controlled by greedy billionaires who think of themselves as above normal humans because of their huge wealth. It proves the law in china is same for the poor and rich.
 

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