He is 24 years old. Rastis to celebrate with Rihanna and Bella Hadid. In his spare time he watches basketball games. On Tuesday, he became a billionaire.
Eric Tse, a finance major at the prestigious Wharton School of Finance faculty at the University of Pennsylvania in America, on Tuesday, was awarded $ 3.88 billion from his family company shares.
Tse's parents are the two CEOs of Sino Biopharmaceutical Limited (a company operating in the bio-pharmaceutical business). They gave his son a fifth of the company's stock.
The company statement says the 24-year-old will keep a low profile - though taken from his Instagram, he has often been photographed in the company of some of the most famous and powerful people in the world.
Eric Tse is seen in the company of Bella Hadid, Rihanna's Lily Aldridge. He enjoys the nature of Japan, the paradise of Thailand, swimming with the Bahamas dolphins. It has also met with political leaders and members of royal families such as Princess Charlene of Monaco and former French First Lady Carla Bruni.
Tse, among other things, has close ties to Chinese politicians, and that is explained by the fact that his father is a member of China's Political Consultative Conference, the highest political body in the country.
The company statement said Tse's parents transferred the shares "to improve family asset management". Because of the shares, Tse became director of the company's executive board. Previously, he has been CEO of Liepin, a North American recruitment company.
The 24-year-old is part of a list of wealthy people in China who are somewhat defying tech-savvy entrepreneurs as pharmaceutical companies are gaining ground. They now make up 8% of China's richest people list, more than double 10 years ago.
- Adapted from CNN
