Socialist China's Billionaire Playboys

The Orient Excess: Communist China now has over a million millionaires. But what do China's richest people do for fun? Subscribe to journeyman for daily uploads:

For similar stories, see:
Where Did A Million Chinese Millionaires Come From
Exposing The Changing Face Of Superpower China
Canada Overwhelmed By 100,000 Chinese Millionaire Immigrants

Three decades of economic liberalization have radically changed the face of China. With the number of Chinese billionaires increasing rapidly, the red ideals of the past may have been discarded forever.

"You can never have enough money. Money helps me fulfill my dreams", says Li Chao, for whom expensive hobbies like motor racing are no longer out of reach. He represents a new generation of pioneering red capitalists: immodest, accustomed to success and able to spend more money in one luxury evening in Shanghai or Beijing than others can earn in a year. Others, like the real estate developer Wang Dafu, were born into poverty, but are fast becoming the embodiment of the Chinese dream. "When I started working I sometimes couldn't afford a beer and a bowl of noodles." His personal fortune is now estimated at half a billion Euros. With more and more people splashing the cash the Chinese auto market is now the largest in the world, the luxury goods market "is huge" and the art market is "booming". This is life in the new China and it's one focused on a particularly unique ideology; what one party member labels, "socialism with Chinese characteristics". But not everyone is happy with the way things are going. "The Communist Party is nothing but a capitalist party through and through."

Like us on Facebook:
Follow us on Twitter:
Follow us on Instagram:
For downloads and more information visit:

ORF Fernsehprogramm-Service GmbH & Co KG – Ref. 5713

Journeyman Pictures is your independent source for the world's most powerful films, exploring the burning issues of today. We represent stories from the world's top producers, with brand new content coming in all the time. On our channel you'll find outstanding and controversial journalism covering any global subject you can imagine wanting to know about.

[hhdeng]

i respect those who earn their wealth and have no problems spending what they want to make them happy. the ones i can't stand are the kids who use their parents wealth and claiming their status from that.

[celex]

kid is born into rich family: ye I am now an entrepreneur

[sashan]

"Socialism"
"Billionaires"

One of these things does not belong.

[olivercasey]

"5:17 only one thing counts... money and success." I'm no mathematician 1+1=2

[Any_Friday]

“...knows the price of everything and the value of nothing.” Oscar Wilde

[cartooniverse]

I could live off of $10 000 a year, these guys spend it in a day, but being poor isn't soo bad, who needs money when you have cup ramen and Mcdonalds free wiFi

[darkENhandsome]

Geez. Why does the narrator have to talk like he's at a funeral?

[Cappucino]

The richest was also the most responsible man...

[jessicanguyen]

Zong Qinghou is such an inspiration. He worked hard and he doesnt blow money off in luxury goods. His money is with the society. so nice to keeping china a good society.

[leobirkenes]

"only one thing counts, money, and success"

[TroyResuqw]

this is 2013 when China was having an anti-corruption movement, I'm wondering how many businessmen in this video have survived or disappeared.

[Rogershijianhui]

Milton Friedman is right! when you have super big and powerful government, you have these billionaires.

[Theagenthollyhock]

New Chinese Proverb:
He with most toys,
leads.

[vintageb]

"80 million.... not expensive"

[pezzonovante]

Nothing wrong with being rich, but they're just so tacky and shallow.

[kffighter]

I think humans can only perceive differences in wealth. For someone to go from sleeping under a chair to a billionaire really help them to appreciate things, and put things in perspective. These are the lucky ones. As opposed to someone born a billionaire and has never known or seen or experienced anything different.

[andyzwz]

Help the poor people in china people! Only then u can call urself truly rich.

[ReubenStephan]

at 1:16 he says " a sports car that accelerates from 0 - 100..." and then i thought he was gonna say "real quick" but instead he said "in 4.5 seconds" and now im disappointed

[m.m]

you know the words "Socialist" and "Bilionaire" do not really fit together.

[Writeoscar]

After reading few comments. I believe that the common message in this video is not apparent. These business owners went from broke to eating a cup of noodles a day to survive and now, able to live in luxury because they worked extremely hard in their careers. Instead of putting down their "their teeth" or their "education background" or why "they can't speak English", learned from their message.
Work hard and never give up.