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The Real Crazy Rich Asians of China

Hi, welcome back to China Uncensored.
I’m your host Chris Chappell.
You know, nothing says ideal communist utopia
where everyone is equal…
like modern China.
It became clear after the death of Chairman
that killing all the rich people and taking
their stuff
was not a great long-term strategy for economic
Because you eventually run out of rich people.
So the next leader, Deng Xiaoping,
came up with a new theory:
“Let some people get rich first.”
That’s not a joke.
That’s actually what he said.
And since then,
China has seen decades of stunning economic
This is Shanghai in 1987.
And this is Shanghai in 2013.
So who are the people who got rich first?
Why, it was the proletariat—
the backbone of the revolution— who…
Just kidding.
It was the communist officials.
They didn’t have to pretend to live frugally
They were free to take big profits
from state-owned companies,
or to kick peasant farmers off of the land
and sell the rights for development
while getting kickbacks.
You know, the traditional way to make money.
But soon there were others getting rich, too.
Millions of everyday people started small
and a few of them pulled themselves up by
the bootstraps.
Whatever bootstraps are.
I’m talking about people like Alibaba founder
Jack Ma.
His first job out of college in 1988 was teaching
for $12 a month.
Then, he started several small businesses,
which all failed.
Eventually, he started the e-commerce company
which did not fail.
And now he’s worth 40 billion dollars.
And Jack Ma is not alone.
According to the latest annual Hurun report,
there are 777 billionaires
in the People’s Republic of China.
And it just so happens that 104 of them
are Communist Party officials.
I’m sure that’s just a coincidence.
The US, by contrast, has only 571 billionaires.
And most of them aren’t in government positions.
OK, there are exceptions.
But Trump’s counterpart in China is also
super wealthy.
Xi Jinping may not live an extravagant lifestyle
but together with his relatives
he’s worth at least a quarter billion.
Anyway, China has more billionaires
than any other country.
By far.
And while Alibaba founder Jack Ma may live
Well, other than doing stuff like producing
and starring in
his own short film where he’s somehow a
kung fu master.
I guess that’s just what crazy rich people
I mean, star in your own martial arts movie?
Who wouldn’t do that?
But while Jack Ma may be crazy rich,
at least he isn’t crazy and rich,
like Chinese entrepreneur Chen Guangbiao.
The guy who once hosted a fancy lunch
for homeless people in New York City
to highlight how bad America’s homeless
problem is,
and how he could fix it.
Starting with his promise to give out $300
in cash
to every homeless person in attendance.
And then, in a bizarre twist,
he took all the money back.
He also faked the ice bucket challenge by
to sit in ice water for half an hour.
Chinese people would call Chen Guangbiao a
total tu hao,
or nouveau riche.
But there’s not a lot of old money in mainland
because of the whole,
killing rich people and taking their stuff
policy under Mao.
Which is why rich Chinese are taking etiquette
“Many people ask why pay 100,000 RMB ($16,000)
to learn how to cut a banana?
Don’t think about it like that.
What we teach is more than that.
It’s about the spirit of etiquette.”
As well as yacht-buying classes.
There’s an advanced electrical toilet on
the yacht.
And when I go sailing next time,
I can discharge it on the open sea.
They’re already rich,
but now they’re learning how to act wealthy.
But if you think that’s crazy behavior
for the crazy rich people of China,
wait until you hear about their kids.
There’s even a term in Chinese for rich
people’s kids:
Fu er dai.
Or “rich second generation.”
And some of these fu er dai are seriously…extra.
Like this Instagrammer, Sian Vivi X.
Showing off her apartment with a
slightly above average view of Hong Kong
Her humble automobile, probably a Toyota Camry.
A normal, everyday breakfast/
An afternoon out on the ol’ fishin’ boat.
And of course a totally unstaged photo where
she and her “baes”
depict what I assume always happens at girls’
slumber parties.
Wait, what’s that Shelley?
It does?!
Now perhaps it seems a bit tone deaf
to show off your luxury lifestyle
in a country where most people are still living
on less than $10 a day.
But on the plus side, your average Chinese
peasant farmer
isn’t looking at Instagram.
Because first, you need to own a smartphone.
Also, Instagram is blocked in China
and you have to use a VPN to access it.
But there’s nothing wrong with being rich.
Even if you use that money to buy your dog
eight iPhones.
Although that is kind of ridiculous.
I mean, why would a dog would need more than
four iPhones?
One for each cute little paw, obviously,
but what are the other ones for?
But if the crazy rich fu er dai of Instragram
want to buy
an excessive number of backup iPhones for
their dogs, fine.
Or if they want to show off their helicopters,
I have no problem with that.
If her parents earned that money fair and
and she benefits from it,
I’m happy for her.
Even if the Internet points out that when
riding a camel,
you should really wear long pants.
I mean, chafing, hello!
But it’s not the horse-cuddling,
baby-elephant-feeding fu er dai that mainstream
Chinese people
are all worked up about.
Besides, there are rich Instagrammers in every
who are “hashtag living the dream.”
But it’s the crazy rich Chinese fu er dai
who think they’re above the law who drive
Like the college student who snapped a photo
of herself
literally burning money.
Although I suppose it could have been
an anti-Mao political statement.
But it wasn’t.
Or there’s the crazy rich daughter of a
Chinese official
who refused to put her 20-thousand-dollar
through the x-ray machine at a Shanghai subway
And the security guards were like,
“Well then we won’t let you through.”
And then she was all like,
“Well then my daddy’s going to kill you.”
That’s not a joke.
That’s what she said.
I feel there should be some kind of solution
in between not getting on a train and killing
Speaking of killing people, this fu er dai.
He was driving drunk outside a university
in northeast China,
when he ran his car into two girls,
killing one of them.
He started driving away,
and when students and security guards tried
to stop him,
he yelled: “Go ahead, sue me if you dare.
My father is Li Gang!”
Li Gang was the deputy director
of the local Public Security Bureau,
which is like the police, but with more authority.
So maybe not super rich,
but certainly super powerful.
That is, until the phrase “My father is
Li Gang”
became an online meme,
and a metaphor for abuse of power
that’s fairly standard across China.
And then when the Communist Party
realized they couldn’t cover it up,
they told the court to put Li Gang’s son
in prison.
He was sentenced to 6 years.
And these cases are just a few that illustrate
a much larger problem in China.
A lot of Communist Party officials,
as well as their kids,
feel like they are above the law.
And a lot of regular rich people in China
feel they’re above the law, too—
because many people who became billionaires
have strong connections to Communist Party
Since having strong ties with the Communist
makes it so much easier to accumulate wealth
in the first place.
In fact, in the People’s Republic of China,
the Communist Party itself is outside the
The constitution is even written that way.
So don’t be too surprised when
some of the crazy rich people in China act
On the plus side,
if you go see Crazy Rich Asians this weekend,
you’ll think Nick’s family are just the
nicest folks.
And before we go, it’s time to answer another
fan question
from one of our supporters on the crowdfunding
website Patreon.
Cha Cha China fan asks:
“Being watched all the time with surveillance
must be nerve-wracking for your average Chinese.
Or do they know?”
Good question.
There are 200 million surveillance cameras
across China,
and they have plans to build several hundred
million more—
making China a world leader…
in spying on its own citizens.
Based on what I’ve read and people I’ve
talked to,
everyone there is aware of the surveillance
in a general sense,
but the average Chinese citizen doesn’t
consider it a big deal
the way we Americans do.
Now while that might seem crazy,
remember that even before the era
of mass camera surveillance in China,
there were other types of surveillance.
Since the communist revolution,
there have been vast networks of spies and
in every neighborhood, every school, and every
work unit—
ready to report even the slightest deviation
from the Party line.
That’s just how the Communist Party operates.
So the current era of mass camera surveillance
is just a digital extension of that.
And in some ways,
it may seem even less intrusive.
People who’ve grown up their entire lives
under communism
don’t have the expectation of privacy
the same way people in free countries do.
And that allows the Communist Party
to keep extending its surveillance
without a lot of public pushback.
Also, anyone who pushes back
will be caught on surveillance,
so…I guess that also explains it.
Thanks for your question.
And thank all of you for watching me,
because I’m watching you!
OK, not really, but I will be watching your
so leave your comments below.
Once again, I’m Chris Chappell.
Thanks for watching China Uncensored.
Sadly, my daddy’s not a billionaire.
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we rely almost entirely on support
directly from viewers like you.
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I love plugins, because they are unbelievable. China’s uber-wealthy take to Instagram to show off the obscene luxury lifestyle and benefits of C o m m u n i s t Party connections. Do you have questions for Chris? Join us on Patreon for an opportunity to have Chris personally answer your most pressing questions in one of our videos and to get other exclusive rewards. Check out our latest spin-off, the China Unscripted podcast! China Unscripted Website: YouTube: Spotify: iTunes: Stitcher: Subscribe for more episodes! Make sure to share with your friends! ______________________________ #china #crazyrich crazy rich asian