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

Feat Image Tsunamiwarning Feat Image Tsunamiwarning
News16 hours ago

JUST IN: MET Malaysia Issues Tsunami Advisory for Sabah After 7.9-Magnitude Earthquake Hits the Philippines

The Malaysian Meteorological Department (MET Malaysia) has issued a tsunami advisory for Sabah following a strong earthquake that hit Mindanao...

Dd Ft 31 Dd Ft 31
News4 days ago

PDRM Finds No Criminal Elements in Viral Case of Alleged Sexual Assault of Woman in Melaka Mosque Mortuary

A social media post claiming that a woman was sexually assaulted in a mosque mortuary room has gone viral, with...

Dd Ft 30 Dd Ft 30
News4 days ago

Teo Nie Ching Urges Explanation as MCMC Blocks Public Access to M’sian Portal ‘The Coverage Media’ on Facebook

Deputy Communications Minister Teo Nie Ching has called on the Malaysian Communications and Multimedia Commission (MCMC) to explain the restriction...

Dd Ft 29 Dd Ft 29
News5 days ago

Finally! Malaysia Officially Introduces 10-Year Passport Validity at RM350, Half Price for Senior Citizens

Good news for frequent travellers as Malaysia has finally introduced a new passport option with up to 10 years of...

Dd Ft 27 Dd Ft 27
News5 days ago

JPJ Probes Viral Couple Behaving “Affectionately” in Moving Car While Woman Leans Against Dashboard

A recent video has caught the attention of the Road Transport Department (JPJ), which warned that action will be taken...

Collage 6 Collage 6
News6 days ago

Simpang Renggam Crash: AGC Instructs PDRM to Investigate 19yo Mercedes-Benz Driver for Murder

The Attorney-General’s Chambers (AGC) has instructed the police to investigate a fatal road accident in Simpang Renggam, Johor, under provisions...

Dd Ft 26 Dd Ft 26
News6 days ago

Simpang Renggam Crash: PERKESO Extends Immediate Aid to Victims Under New ‘Lindung 24 Jam’ Scheme

A family of four was among five individuals who lost their lives after two siblings, driving a BMW and a...

Collage 4 Collage 4
News6 days ago

PDRM Hunting for Parang-Wielding Men Who Attacked Penang Store Worker & Looted RM500 Worth of Items

The police are searching for three suspects involved in a violent armed robbery at a convenience store along Jalan Sungai...

Announcement

Latest Videos



TRENDING TODAY