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China’s super-rich flaunt their wealth online, leaving a bitter taste

Monday, May 25, 2015 15:34
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An online cat-fight between an infamous Chinese socialite and members of an elite sports car club over who has more money has the attention of millions of Chinese, the blog Offbeat China reports.

The fight, between Guo Meimei–who came under fire for flaunting her wealth online in 2011 when head of China’s Red Cross Society–and members of the China’s Sports Car Club (CSCC) was a trending topic on China’s microblog Sina Weibo, with over 3 million hits on Wednesday (April 10). Guo had refuted an accusation from a CSCC member that she exchanged sex for money at a party in Sanya earlier this month by posting a photo of herself with casino chips worth 5 billion yuan ($810 million), saying she was too rich to need to sell sex (link in Chinese). Two CSCC members then posted images of their bank accounts, one with a balance of over 3.7 billion yuan and another of more than 9.9 billion yuan. One wrote, “How dare you call yourself rich in front of me,” according to Offbeat China …. http://finance.yahoo.com




Source: http://luismmx.blogspot.com/2015/05/chinas-super-rich-flaunt-their-wealth.html

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