Global  

Celebrating 10 Years of Trusted News Discovery
One News Page
> > >

24-Year-Old Becomes Billionaire Overnight After Gifted Nearly $4 Billion

WorldNews Saturday, 26 October 2019
24-Year-Old Becomes Billionaire Overnight After Gifted Nearly $4 BillionPHILADELPHIA (CNN) — He’s 24 years old. He parties with Rihanna and Bella Hadid. He watches basketball games with Yao Ming. And on Tuesday, he became a billionaire. Eric Tse, who recently graduated from the University of Pennsylvania’s prestigious Wharton School of Finance, was gifted about $3.88 billion in his family company’s shares on Tuesday. Tse’s parents are both executive directors of Sino Biopharmaceutical Limited, and on Tuesday they gave him a fifth of the company’s total issued shares “as a gift at nil consideration,” according to a company statement....
0
shares
ShareTweetSavePostSend
 
Credit: The Street - Published < > Embed
News video: Jim Cramer on Ray Dalio, Jeffrey Gundlach, Merck and Alphabet

Jim Cramer on Ray Dalio, Jeffrey Gundlach, Merck and Alphabet 14:43

Jim Cramer explains why he wrote that billionaires Ray Dalio and Jeffrey Gundlach are "smarter" than Cramer. He's also got some thoughts on Alphabet and Merck's earnings. What's Going on With the Billionaires? Cramer has some thoughts on billionaires. "Billionaire hedge fund manager Ray Dalio is...

You Might Like


Recent related videos from verified sources

Billionaire Bernard Arnault could soon top Jeff Bezos as the world’s richest person [Video]Billionaire Bernard Arnault could soon top Jeff Bezos as the world’s richest person

The LVMH CEO is set to surpass Jeff Bezos to become world’s richest person after the luxury goods giant confirmed its $16.2 Billion Tiffany & Co. takeover.

Credit: In The Know Money     Duration: 01:11Published

These Three Billionaires Are All High School Dropouts [Video]These Three Billionaires Are All High School Dropouts

There are some exceedingly wealthy people who dropped out of high school before making their fortunes. According to Business Insider, Jay-Z is hip-hop's first billionaire, and never graduated from..

Credit: Wochit     Duration: 00:44Published


Tweets about this

Environmentally friendly: One News Page is hosted on servers powered solely by renewable energy
© 2019 One News Page Ltd. All Rights Reserved.
About us  |  Contact us  |  Disclaimer  |  Press Room  |  Terms & Conditions  |  Content Accreditation
 RSS  |  News for my Website  |  Free news search widget  |  In the News  |  DMCA / Content Removal  |  Privacy & Data Protection Policy
How are we doing? FeedbackSend us your feedback  |   LIKE us on Facebook   FOLLOW us on Twitter  •  FOLLOW us on Pinterest
One News® is a registered trademark of One News Page Ltd.