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

Collage 17 Collage 17
News2 days ago

Body of 10yo Missing Sabah Girl Found After 3 Days Near a House Under Construction, 2 Suspects Arrested

The search for a 10-year-old girl who had been missing since 13 July ended in tragedy after her body was...

Collage 16 Collage 16
News3 days ago

PDRM Confirms 19yo Sarawakian Teen Arrested at Hong Kong Airport with Over RM270k Worth of Drugs

A 19-year-old Malaysian has been arrested at Hong Kong International Airport after authorities discovered around three kilograms of drugs hidden...

Collage 12 Collage 12
News5 days ago

At Least 28 Dead & 60 Injured After Horrific Fire Engulfs Packed Bangkok Pub Near Chatuchak Market

A devastating fire at a popular pub in Bangkok’s Chatuchak district has left at least 28 people dead and more...

Collage 11 Collage 11
News5 days ago

Shah Alam Uni Student Caught Sniffing Shoes in Condo Corridor, Victim Says He Stalked Her for Months

What started as a series of unsettling encounters has now led to the arrest of a male public university student...

Dd Ft 14 Dd Ft 14
News6 days ago

15yo M’sian & 18yo Foreign ‘Rempit’ Perform Wheelies in Bukit Bintang, Get Detained & Motorbikes Seized by JPJ

A recent enforcement operation in Kuala Lumpur saw several illegal riders, including an underage individual, being detained for multiple traffic...

Collage 9 Collage 9
News6 days ago

Syed Saddiq Walks Free as Federal Court Fully Acquits the Muar MP of CBT & Money Laundering Charges

Muar Member of Parliament (MP) Syed Saddiq Syed Abdul Rahman has been fully acquitted after the Federal Court dismissed the...

Collage 4 1 Collage 4 1
News1 week ago

Form 1 Student Allegedly Chases Classmates With Knife at Melaka School After Ice-Throwing Incident

A routine co-curricular activity at a secondary school in Malacca turned chaotic on Thursday (9 July) after a male student...

Collage 6 Collage 6
News1 week ago

Form 4 Student Injured by Spilled Mercury After Thermometer Broke at Terengganu Secondary School

A Form 4 female student sustained a minor hand injury after being exposed to a mercury spill during an incident...

Announcement

Latest Videos



TRENDING TODAY