China is the "factory" that creates billionaires in the world. Although these billionaires have amassed huge fortunes in their home country, one of their favorite trends is sending their children to study at famous universities abroad.
For the super rich, their legacy depends not only on how much wealth they create and how much they rank in spending ability, but also on the education and lives of their children and grandchildren.
According to a list published by Hurun Research Institute, out of every 10 billionaires in the world, 4 are from China. This billion-dollar nation recently added 182 people, bringing the total to 799 billionaires, according to the 2020 Hurun Global Rich List. Meanwhile, there were only 59 new billionaires in the US, bringing the total to 626.
Billionaire Nham Chinh Phi's daughter is Dieu An Na, Ha Hong San's son is Ha Du Quan and Du Tinh Uyen's daughter is Du Loan Loan all study at top universities in the world.
Learning, grades and teaching standards in China are very strict. This is said to be one of the reasons why nearly half of Chinese billionaires do not have a very high level of education.
In fact, Chinese billionaires are mostly domestically educated. Jack Ma (net worth $38,8 billion) graduated from Hangzhou Normal University and Ma Huateng (net worth $38,1 billion) graduated from Shenzhen University. Another tech giant, Li Ngoan Hong (net worth $6,2 billion), chairman and CEO of Baidu Group, studied at Peking University.
Meanwhile, Hua Jia An (net worth 21,8 billion USD), chairman of Evergrande Real Estate Group - one of China's largest real estate developers, is an alumnus of the University of Science and Technology. Wuhan University of Science and Technology.
Sending heirs abroad to study is an option for many billionaires, according to China Radio International (CRI)'s China.com site.
Most of the majors that the children of China's super-rich study are mainly related to business management, economics, finance and other economics-related majors because, after all, these rich people Still needs someone to inherit the family's future career, according to Sohu.
Dieu An Na, daughter of Huawei technology group founder Nham Chinh Phi (net worth 1,1 billion USD), studied ballet professionally since childhood.
“I never considered myself a princess. Like most people my age, I need to put a lot of effort into studying to get into a good school," Dieu An Na said. She graduated from Harvard with a degree in computer science. “I also felt lost after college, but I kept trying different things before finding what I was passionate about,” according to The South China Morning Post.
The son of two "tycoons" Zhong Shaan Shaan, head of Nongfu Spring beverage company, and Ly Thuy Kiet, chairman of Shenzhen Zhongqingbao Interaction Network, both studied at the University of California, Irvine in the US, majoring in English and corporate economics. Also studying at the University of California is Jack Ma's son.
Wang Sichong is the son of Wang Jie Lun (net worth 14,1 billion USD), founder of Salian Wanda Group - China's largest real estate development company. Tu Thong was educated abroad, first in Singapore and then at Winchester College in England, where annual tuition is $51.400.
Singer Vuong Phi (net worth 150 million USD) has daughter Vien Le studying at Albin Beausoleil College - a famous Swiss university, with monthly tuition of about 12,000 USD.
Du Loan Loan is the only daughter of Du Tinh Uyen, chairman of Manhtian Wood Production Group. This "princess" was extremely pampered by her family and studied at an aristocratic boarding school in England from the age of 15.
She was good at Math and won a gold medal in the British National Advanced Math Competition. After graduating from the London College of Fashion, she attended Oxford University, Cambridge University and Columbia University.
The son of Macao "gambling king" Ha Hong San is Ha Du Quan - who won the Hong Kong Mathematics Championship twice. Du Quan studied at the Massachusetts Institute of Technology (MIT) and completed a 2-year course in just 4 years. He is also the youngest student in the history of MIT's Master of Finance program.
