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What's up with people claiming Xi's some super rich billionaire? (lemmygrad.ml)

submitted 1 week ago by [email protected] to c/[email protected]

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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

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[–] [email protected] 6 points 1 week 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.