Hates China’s Rich Kids
Fuerdai: Paris Hilton with Chinese characteristics
The fuerdai, China’s second-generation rich kids, are the most loathed group in the country. They’re also its future.
China’s hereditary oligarchy is in its second generation, and the fuerdai — rich kids born to rich kids — are a national symbol for corruption and excess, splashing social media with evidence of their debauchery.
Chinese social media frequently hums with images of fuerdai burning sheafs of Yuan notes, having orgies, posing with expensive sports-cars or pulling guns on each other at drag-races. They’re the Rich Kids of Instagram of China (it was a fuerdai who bought his dog two gold Apple watches).
The Politburo can’t figure out why being born into hereditary, limitless, unchecked wealth hasn’t turned these kids into serious technocrats. Meanwhile, the fuerdai are offshoring their money as fast as they can, trying to get it out of reach of Beijing while simultaneously teeing up foreign passports for themselves as escape hatches from consequences (or pitchforks). The social consensus among fuerdai is that most of the poor are simply lazy.
As portrayed in the local press, fuerdai are to China what Paris Hilton was to the U.S. a decade ago, only less tasteful. Every few months there’s a fuerdai scandal, whether it’s a photo of a woman about to set fire to a pile of 100-yuan ($16) notes; members of the much derided Sports Car Club posing beside their Lamborghinis; or someone pulling a gun during a street race. In 2013 reports of a fuerdai sex party at the beach resort of Sanya provoked a nationwide finger-wag. Two prominent rich kids got into a public arms race over who had the bigger stash: The widely despised socialite Guo Meimei posted photos online of herself with 5 million yuan worth of casino chips; her rival responded with a screen shot of his bank statement, which appeared to contain 3.7 billion yuan. (Guo was sentenced to five years in prison for running a gambling den.) Recently, the son of Wang Jianlin, a real estate mogul and the richest man in China, trolled the nation by posting a photo of his dog wearing two gold Apple Watches, one on each forepaw. Fuerdai outrages occasionally feature government intrigue, such as a 2012 Ferrari crash in Beijing involving two young women and the son of a high-level official, all of whom were at least partially naked when they were thrown from the car. The man’s father, a top aide to then-president Hu Jintao, was later arrested and charged with corruption.
The fuerdai (pronounced foo-arr-dye) aren’t just an embarrassment. The Communist Party seems to consider them an economic or even political threat. President Xi Jinping himself spoke out this year, advising the second generation to “think about the source of their wealth and how to behave after becoming affluent.” An article published by the United Front Work Department, the bureau that manages relations between the party and nonparty elite, warned: “They know only how to show off their wealth but don’t know how to create wealth.” Some local governments have taken steps to reeducate their wealthy elite. In June, according to Beijing Youth Daily, 70 heirs to major Chinese companies attended lectures on filial piety and the role of traditional values in business.
Children of the Yuan Percent: Everyone Hates China’s Rich Kids [Christopher Beam/Bloomberg]
China cracks down on its sex partying, Ferrari-driving, money-burning ‘fuerdai’ second generation of super-rich, shallow and very spoiled brats
- Public has grown sick of the Chinese ‘fuerdai’ – or ‘second rich generation’
- China’s president ordered a crackdown to teach them the value of money
- Seventy were sent to ‘social responsibility’ retreat where they were fined a meager £103 for turning up late
- They post pictures of their multi-million bank accounts, fast cars and pets wearing gold Apple Watches on social media
- One shared image of £500,000-worth of casino chips after being accused of selling sex for £62,000
- But an author who wrote about ‘fuerdai’ phenomenon says they show off because they all had ‘lonely childhoods’
Their dogs wear gold Apple Watches. They smash up supercars like they are toys. They boastfully post pictures of their bank statements online. They hide behind their parents’ clout when they get in trouble with the law. And they make the Rich Kids Of Instagram look like penny-pinchers.
They are China’s young ‘fuerdai’, which translates as ‘rich second generation’. And many in the country – including Chinese President Xi Jinping – fear that their money-burning lifestyles are getting dangerously out of control.
And after a massive public backlash against the fuerdai, Xi demanded that they be taught the value of money – so 70 of the billionaires’ children were sent to a ‘social responsibility’ retreat where the fine for turning up late was £103.
Slap on the wrists: Chinese President Xi Jinping demanded that rich kids like this one be taught the value of money – 70 have been sent to a ‘social responsibility retreat’ where the fine for turning up late was £103
Troubled: Some experts think ‘fuerdais’ like Wang Sicong (left) – the son of China’s richest man – show off because they are lonely, having received little or no attention from their workaholic parents
They often work as casual business investors or are unemployed, and are the immensely wealthy sons and daughters of Chinese businesspeople and government officials.
This year, mainly due to the rise of social media in China, public scorn for them has reached fever pitch.
One of the biggest previous backlashes against them came in 2013, when a series of fuerdai scandals shone a light on the generation’s shocking and excessive behaviour.
In April that year Shanghai Daily reported on rumours of a fuerdai sex and drug party in Sanya, Hainan province.
Officials investigated a yacht show bash there after hearing reports of a model selling sex at the party for 600,000 Yuan (£62,000).
A woman named Guo Meimei, who is now 23 and was considered to be the queen of the fuerdais, was accused by a male rival, Chen Junyu, of selling sex in Sanya.
She responded by posting a picture of 5 million Yuan’s-worth ($1 million) of casino chips online along with the caption: ‘Too rich to need to sell sex.’
Scandal: The Chinese people were outraged when Guo Meimei (pictured)- considered the Queen of the fuerdai – was accused of selling sex for $100,000 at a ‘drug party’ in Sanya, Hainan province
Comeback: Meimei replied to her accuser by posting a picture of 5 million Yuan’s-worth (£516,000) of casino chips online along with the caption: ‘To rich to need to sell sex’
Rivalry: She was accused by fellow fuerdai Chen Junyu (pictured), a member of the Sports Car Club
Full house: He saw Guo’s $1 million in casino chips, and raised her a screenshot of a £650 million bank balance
Downfall: Guo was arrested for her role in a World Cup betting scandal… and finally admitted charging for sex
Chen replied by posting a screenshot of a bank account showing a balance of 3.7billion Yuan ($700million). The duo’s exchange prompted outrage from Chinese netizens.
One user on Weibo, China’s version of Twitter, wrote: ‘It is really quite disgusting for a bunch of rich, bored fuerdai to show off their fancy lives like this.’
Miss Guo fell from grace last year when, after being arrested for gambling crimes, she admitted she had accepted money for sex in the past.
She had also falsely claimed that she worked for the Red Cross charity, damaging the reputation of the organisation and prompting it to issue a statement saying it had no ties to her.
‘I like to show off,’ she said. ‘I have the vain mindset of a little girl.’
A woman named Zhang Jiale seemingly made a bid for Miss Guo’s crown in 2013.
She posted pictures of piles of designer shopping bags, plus shots of her boarding a private jet and at a party surrounded by glamorous females.
The tomboy was 22 at the time and is the daughter of Zhang Jun, an electronics, insurance and property tycoon.
Centre of attention: The young girl trying to take Guo’s defunct crown is Zhang Jiale (centre), daughter of electronics, insurance and property tycoon Zhang Jun
Super-rich: The tomboy’s carpets are lined with shopping bags from the world’s most luxurious clothing brands, earning her the nickname ‘Wu Zetian’ after a wealthy and powerful Tang Dynasty empress
Flying high: How else would the heiress (right) of a property magnate travel than on her own private jet?
Thoughtful: Alongside her images of lavish parties, the deep-thinking Zhang Jiale (right) posts messages such as: ‘Money can buy a house but not a family… It can buy you a watch but not time’
Perhaps the most sinister incident of fuerdai excess-related behaviour came in 2012 when Ling Gu, son of high-ranking government official Ling Jihua, crashed his Ferrari 458 Spider in Beijing.
Ling Gu, aged 23, was killed in the crash and three female passengers, two of whom were found naked with the other in a partial state of undress, were seriously injured.
Mentions of the crash were censored on Chinese social media as the government was accused of trying to cover up the incident, fuelling the public’s hatred of this protected generation.
This year another Beijing supercar smash-up helped ignite a further backlash.
On April 11 a 21 year-old man surnamed Tang driving a Lamborghini and a 20-year-old man surnamed Yu driving a Ferrari wrote off their cars in a tunnel.
Few details about the drivers were released but police said they were jobless, leading to netizens speculating that the incident was yet another example of fuerdais out of control.
Furthermore, this year has seen some of the most brazen examples of fuerdai showing off online.
In May, Wang Sicong, son of tycoon Wang Jianlin, China’s richest man, posted pictures online of his dog wearing two gold Apple Watches: one for each front paw.
Tragedy: There is a much darker side to this extreme wealth and in 2012, Ling Gu, the son of high-ranking government died after crashing his Ferrari 458 Spider (pictured) in Beijing
Disaster: And in April this year, a 21-year-old man surnamed Tang crashed his Lamborghini (pictured) into a Ferrari owned by another suspected fuerdai as they sped through a tunnel in Beijing
Wang Sicong runs a Weibo account for the dog, which is named Wang Keke. Alongside the pictures of the hound wearing the watches he posted the message: ‘Haha I have new watches! I should actually be wearing four, seeing as I have four legs, but felt it was a bit much so I just put on two, but I cannot wear any less than two otherwise it will not be befitting my status.’
He added: ‘Suddenly I want to ask you all a question: “Do any of you have these?”‘
This year he hired an entire resort in Sanya, where the rumoured sex parties took place in 2013, for his 27th birthday party.
He hired T-ara, a famous girl band from South Korea, to perform a private concert at the bash.
Last month China’s President Xi Jinping decided that enough was enough. He told the United Front Work Department, which is in charge of managing the relations of China’s non-political elite, to ‘guide private-sector businessmen, especially the younger generation, to help them think about the source of their wealth and how to behave after becoming affluent.’
The department said: ‘Some rich young people know only that they are rich, but have no idea where the money comes from. They know only how to show off their wealth, but don’t know how to create wealth’.
Also last month Beijing Youth Daily reported that 70 offspring of Chinese billionaires were sent on a training session for social responsibility and patriotism in the eastern Fujian province.
The average age of attendees was 27, with the China Daily newspaper identifying them as ‘so-called fuerdai’. Rules for the session were strict, with a 1,000 Yuan (£103) fine for those who turned up late.
Session leader You Xiaoming said: ‘Although it is not a large sum for the wealthy, the rule aims to build a sense of responsibility.’
Barking mad: The extravagant Wang Sicong, the son of China’s richest man, shared images of his dog Keke (pictured) wearing not one, but two, gold-plated Apple Watches
Arrogant: The images of Wang Keke (pictured) were shared alongside the message: ‘I should actually be wearing four, seeing as I have four legs, but felt it was a bit much so I just put on two’
Party time: Wang Sicong (pictured) celebrated his 27th birthday in January at a luxury resort in Sanya where Korean popstar band T-ara performed
Some analysts have suggested that the root of the problem may lie in a sense of loneliness many children of rich parents in China suffer from.
Last January the Guangzhou Daily newspaper ran an article about ‘rich kids’ with the headline: ‘The rich act in every way they want? They are lonely indeed’.
The newspaper asked: ‘What makes the rich kids behave like this [excessively]? The huge income gap isolates the rich from the poor, with the latter leading an unhappy life with money.
It also stated: ‘Wealthy parents pay more attention to material achievement than to children. This lack of parent-child attachment gives rise to ill behaviour.’
Author Wang Daqi told MailOnline that many of the fuerdai that he interviewed for his recently-published book, Children of the Wealth, said they went through childhood loneliness.
‘There seemed to be a lack of parenting when they were growing up,’ Mr Wang said. ‘They usually study abroad and their parents tend to feel guilty, then show redemption by giving more and more money to them.’
Mr Wang said that the fuerdai he met tended to socialise in big gangs with a leader: usually the member whose father was the most influential or rich.
‘They were isolated from people when they were young and are isolated from normal people in today’s society, so they always hang around together,’ he said. ‘That’s why they often join organisations such as the Sports Car Club.’
Members only: Most of the rich kids are members of the ‘Sports Car Club’ where they share photos of their supercars with each other on messaging apps
Social life: The Sports Car Club was formed in China in 2009 and has become a major social hub for fuerdai
Alone: Rich-kids Guo Meimei, Chen Junyu (pictured) and Zhang Jiale have all been part of the special club
Bad habit: Author Wang Daqi, who wrote the book Children of Wealth, does not believe the government’s attempts to drive more conservative values into the fuerdai generation would be successful
The Sports Car Club was formed in China in 2009 and has become a major social hub for fuerdai, with members sharing photos of their supercars with each other on messaging apps.
Guo Meimei, Chen Junyu and Zhang Jiale have all been members.
Mr Wang continued: ‘One fuerdai I interviewed, who works in Sichuan province, grew up away from his parents.
‘He hated being alone so when he became an adult he always hung around with around 20 people over weekends. When he went to the cinema he’d buy 30 tickets.
‘He had a Land Rover but had a crash so he bought two Hummers, for safety. He had a Ferrari but he got bored with it so he gave it to his wife. She used it to drive to the supermarket for grocery shopping.’
Mr Wang said that he didn’t think the government’s attempts to drive more conservative values into the fuerdai generation would be successful.
‘It won’t work,’ he said. ‘An example: I was at a banquet organised by the government in Macau last month.
‘It was designed for rich second generation kids, to bring them together [with government officials]. But the rich kids just ended up playing drinking games with red wine and didn’t even talk to the officials.’
Leaked sex photos of PRC Fuerdai Ken and his GFs
A fuerdai, or offspring of extremely rich and powerful PRC citizens, by the name Ken had his intimate photos leaked online a reader told Singapore Hall of Shame. The two girlfriends are Larisa and Ann. They are not only sweet and pretty, but also well-endowed.
The photos are truly explosive with normal ejaculation, COF and even cosplay. The reader said that these girls are either very materialistic or just too innocent to know that the rich playboy is just playing with them. He also said in China, one can do almost anything if one is rich and these girls are just playthings for the rich men.