Overnight Billionaire – 24-Year-Old Gifted $3.8 Bn By Mum & Dad, Now Richer Than Trump!

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How much time do you reckon it takes for someone to become rich? And by rich, we mean literally money falling out of your pockets rich. A few years? A decade? We thought so too. But Eric Tse, the son of the directors at a Chinese pharmaceuticals company didn’t have to slog for that long. Heck, he didn’t have to slog at all!

Mum and Dad, Cheung Ling Cheng and Tse Ping were generous enough to transfer a fifth of their company Sino Biopharmaceutical’s shares to their son, making Eric Tse an overnight billionaire and one of Asia’s richest man. He now has $3.8 billion at his disposal.

Eric Tse

Eirc Tse is now richer than US President Donald Trump, who according to Forbes has a personal wealth of around $3.1 billion.

Of course all that money comes with a lot of responsibility. He is now the executive director of the executive board committee of the company. But all work and no play makes Eric a dull boy, which he isn’t by the way. He is a globe-trotting young fella who according to his Instagram handle is friends with Rihanna and rubs shoulders with another famous beauty, Bella Hadid.

Eric Tse

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Eric Tse was born in Seattle, Washington though did his schooling in Beijing and Hong Kong. He has recently graduated from Wharton School of University of Pennsylvania. He’s from the new wave of the rich Chinese billionaires who are making their way up the list of richest people in the world.

Source: Sino Biopharmaceutical

Source: Donald Trump wealth

Source: Eric Tse Instagram

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