Luxury homes gifted by Chinese tycoon sit empty as greedy villagers row over ownership


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.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Regional

Japan 'robot wolves' in high demand to scare off bears
Lula won’t sideline China or anyone in rare earths, tells Trump refining stays in Brazil
Asean still not ready to accept Myanmar leaders at summits, meetings, says Tok Mat
Anwar holds bilateral talks with S'pore, Laos counterparts
Asean vows to avoid export bans, share fuel as oil prices soar
China AI robot restaurant analyses diners’ faces, tongues to recommend health-focused dishes
Why China’s humanoid robots are still waiting for their ‘ChatGPT moment’
Singapore turns tide in evolving fight against scams
Africa emerges as new arena in US-China competition over artificial intelligence
China’s parents are outsourcing the homework grind to AI

Others Also Read