Saw someone claim Xi's net worth is like 1.2 billion dollars. No one idea where they got this, but i seriously doubt it's true

  • Babs [she/her]
    ·
    1 day ago

    Xi Jinping's family is pretty damn rich. His elder sister Qi Qiaoqiao was a businesswoman and investor. He has other millionaires in his family as well.

    In 2014, he instructed his family to start selling off their assets as part of the anti-corruption campaign. (Paywall) https://www.nytimes.com/2014/06/18/world/asia/chinas-president-xi-jinping-investments.html

    So they are definitely millionaires, but not nearly as rich as people claim, and Jinping has at least taken some action to limit the risk of influence there.