China recently jailed the CEO of its second largest property developer (Evergrande) for life – and the details could not be any more salacious.
In 2017, he was worth $45 billion (per Forbes), and he had access to the highest levels of government, his own mega yacht (because of course), his own private dance troupe (per rumors), and his own “elevator guard” (20 young men who cleared elevators to ensure he did not have to ride with lowly employees).
Making his crushing downfall worse – they confiscated all his wealth and jailed his sons and executive staff with him.
His wife (who holds a Canadian passport) seems to have escaped the mess, though. She divorced him carefully after the company started to collapse in 2021, removed her name from the company's executive roles, and moved assets into her name. She is also suing her own son (now in jail) for $128 million – which I found sweet because it will ensure they get to spend time together in court (this is also a reminder to never trust Canadians).
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