fbpx
Connect with us

News

24yo Becomes A Billionaire Overnight After RM15.9 BILLION Birthday Gift From Parents

Published

24Yo Becomes A Billionaire Overnight After Rm15.9 Billion Birthday Gift From Parents - World Of Buzz
Source: Penn Today & Daily Mail

Follow us on Facebook, Youtube, Twitter, and Instagram for the latest stories and updates daily.

When you reach adulthood, birthdays probably go by without much occasion. Maybe you go for dinner, maybe your girlfriend or boyfriend buys you a little gift, but usually, it’s just another day on the calendar. Trust me, I know how that feels. 

But for one incredibly lucky 24-year-old, what he got on his birthday might just be the birthday gift to end all birthday gifts, bar none!

Image Result For Birthday Gift Money Gif

As reported by South China Morning Press, a 24-year-old man was made one of Asia’s richest men overnight when his parents gifted him with over 2.7 billion shares from their family’s multi-billion dollar pharmaceutical business. The shares were worth over US$3.8 billion (RM15.9 billion), which if you know your math, is a lot of money.

Penntoday

Source: penn today

But of course, this isn’t just any regular 24-year-old young man. This is Eric Tse, heir to the Sino Biopharmaceutical fortune, which is one of the leading biomedical companies within the region. He was also recently just promoted as an executive director and member of the company’s executive board committee last Wednesday (23rd October 2019).

That position entitles him to a yearly compensation of HK$3.9 million (RM2 million) with discretionary bonuses, on top of his inheritance!

Sometag

Source: sometag

Heavy

Source: dailymail

Eric, a finance graduate of The Wharton School of the University of Pennsylvania, is also a Schwarzman Scholar at Beijing’s Tsinghua University. And before his 24th birthday, he has already founded his own charitable initiative called the China Summit Foundation, which supports educational and cultural initiatives. Man, what are we doing with our lives?’

Scmp

Source: instagram

Scmp2

Source: instagram

Of course, being a true jet-setter, Eric has also been seen partying with some of the world’s biggest stars like Bella Hadid and Rihanna. But he has expressed a desire to keep a low-profile, and even went to the extent of keeping his Instagram private, and refusing to be listed in any official billionaire rankings!

Well, while we can’t say that we will have any luck of being gifted with that much money, we do hope that Eric spends it wisely! 

 

Also read: Magnum 4D Has Been Looking for 4 MONTHS for This Person Who Won Over RM630,000 in Kuching!

Are You The Winner Of This Unclaimed Rm631,169 Lotto Prize In Kuching? - World Of Buzz 1


Follow us on Facebook, Youtube, Twitter, and Instagram for the latest stories and updates daily.



Just In

My Post 2021 09 28T155425.559 My Post 2021 09 28T155425.559
News15 hours ago

Around RM30 Million Allegedly Spent On Renovating Prime Minister’s Official Residence

Recently, the government spent over RM1 million renovating four offices of ministers and their deputies, and it looks like they...

Collage 2 9 Collage 2 9
News17 hours ago

“You’re free to move around in the country” Interstate Travel Expected To Be Allowed In Mid-October

Last week, Prime Minister Dato’ Sri Ismail Sabri Yaakob had revealed via a Twitter post that the interstate travel ban...

Dasdad Dasdad
News18 hours ago

56 Hikers Detained For Entering Serendah Forest Reserve Without Valid Permit

56 hikers were detained by the Selangor State Forestry Department (JPNS) for hiking near the Setinggi Waterfall, Serendah Forest Reserve...

Car Ft Car Ft
News19 hours ago

Ah Long Mistakenly Splashes Red Paint On Man’s Car, Person In Debt Is Actually Neighbour’s Kid

A man in Sarawak mistakenly fell victim to an unlicensed loan shark (also known as an Ah Long) after his...

Khairy Jamaluddin Healthy Life 1 Khairy Jamaluddin Healthy Life 1
News19 hours ago

“Live healthier lives” KJ Says That Staying Healthy Is The Key To Endemic Transitioning

Recently, the Minister of Health, Khairy Jamaluddin announced that we will be transitioning from the pandemic to an endemic soon...

My Post 2021 09 28T112043.789 My Post 2021 09 28T112043.789
News20 hours ago

South Korea Considers Banning Dog Meat Consumption As Demand Has Declined

Back in 2017, Taiwan banned the consumption of dog and cat meat, and now, South Korea is considering taking the...

Delivery Room Delivery Room
News21 hours ago

KJ: Fully Vaccinated Husbands Allowed To Accompany Pregnant Wives Into Delivery Room

The Ministry of Health (KKM) has decided that fully vaccinated husbands are allowed to accompany their pregnant wives during childbirth...

Ft Bankruptcy Ft Bankruptcy
News21 hours ago

PM: Over 10,000 Bankruptcies And 1,200 Businesses Forced To Close Down During Pandemic

We’ve all seen the stories and the dreadful images of our favourite shops having to close down. This included retail...

Announcement

Latest Videos



TRENDING TODAY