A Chinese tycoon who paid for hundreds of luxury homes to be built for the residents of his hometown has been left dumbfounded by their greed and ingratitude, according to a local newspaper report.
Chen Sheng, the founder and chairman of drinks company Tiandi No 1 Beverage Inc, put up 200 million yuan (US$31.9 million) for the construction of 258 luxury villas on land provided by local authorities in the village of Guanhu, Guangdong province, five years ago, Southern Metropolis Daily reported.
