Utility

Chinese Multimillionaire Hides Wealth From Son For 20 Years, Here Is Why

A Chinese multimillionaire concealed his vast wealth from his son until the lhe received his university degree. Zhang Zilong is the son of Zhang Yudong, the owner of Mala Prince, a Hunan spicy gluten latiao brand that produces 600 million yuan (around Rs 6,92,66,54,358) worth of goods annually, according to South China Morning Post.

Zhang Zilong said to Jiupai News that he had put in a lot of effort to succeed because, for the first 20 years of his life, his father had did not tell him about his true financial situation.

He knew his father’s well-known brand, but he was also informed that his family had incurred debt in order to maintain the business.

Mr. Zilong claimed he was accepted into a reputable institution without the help of his family and grew up in a “ordinary flat” in Pingjiang County. He intended to find a reliable employment paying roughly 6,000 yuan (US$800) per month after graduating from university so he could gradually assist his family in paying off their debt. But when he graduated, his father told his son the truth that the family was actually quite wealthy.

They even relocated to a brand-new, 1.4 million US dollar (10 million yuan) mansion. Zilong aspires to assist his father in expanding into other markets. He has recently started working in the e-commerce division of the business.

In the meantime, his father stated that he would only think about giving him the position if his performance was up to the mark.

After the heart warming story went viral on social media, one of the users said, “I believe the story. The brand only started advertising itself in recent years. It must be because the prince graduated and there was no need to hide any more.”

Another user wrote, ‘What a fairy tale. The ordinary frog turns into the Mala prince.”

Also Read: AAP to gherao PM’s residence amid Kejriwal’s arrest, Security beefed up

Shivanshi Srivastava

Recent Posts

PM Modi Announces Sending Lord Buddha’s Relics To Thailand

PM Modi announced that India will send relics of Lord Buddha, discovered in Gujarat’s Aravalli…

8 hours ago

PM Modi Shares Highlights From Bangkok: A Vibrant Welcome, Community Connect, & The Ramayan!

Prime Minister Narendra Modi highlighted the deep cultural ties between India and Thailand during his…

9 hours ago

Judicial Strength At Risk, Says Delhi HC Bar Association On Justice Singh’s Transfer

The Delhi High Court Bar Association has raised concerns over Justice Chandra Dhari Singh’s transfer…

9 hours ago

PM Modi: Thailand Key To India’s ‘Act East’ Policy & Indo-Pacific Vision

Prime Minister Narendra Modi, during his visit to Bangkok, highlighted Thailand's strategic importance in India's…

9 hours ago

Thailand Releases Commemorative Stamp Showcasing 18th-Century Ramayan Murals During PM Modi’s Visit

Thailand unveiled a commemorative stamp featuring 18th-century Ramayan mural paintings, marking the first day of…

10 hours ago

Centuries-Old Bonds Strengthen As India-Thailand Deepen Partnership: PM Modi

PM Modi and Thai PM Paetongtarn Shinawatra elevate India-Thailand ties to a strategic partnership in…

10 hours ago