If Every Rich Person Were Like This Multimillionaire, The World Would Be A Better Place

Chinese multimillionaire Xiong Shuihua bulldozed all the ramshackle huts in his poverty-stricken hometown, and what he did next is amazing.

The Daily Mail reports Xiong Shuihua spent millions building luxury condos for everyone in the village he grew up in, so all 72 families in the Xiongkeng village in the city of Xinyu would have a place to live. The multimillionaire also promised to feed elderly and low income residents three times a day.

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The project began five years ago and was completed last spring.

What was Xiong Shuihua’s motivation? Gratitude. In the original Chinese language news footage posted on  YouKu, he told reporters that people in his village were kind and helpful towards him and his parents during his hard-scrabble childhood. Xiong Shuihua first began building his fortune in the construction business, then made profitable investments in the steel industry.

“I earned more money than I knew what to do with, and I didn’t want to forget my roots. I always pay my debts, and wanted to make sure the people who helped me when I was younger and my family were paid back.”

Xiong Shuihua also built large villas for 18 families who had been particularly kind to him. That part of the construction project alone cost over $6.3 million.

Photo of Chinese multimillionaire Xiong Shuihua in office reading newspaper.

Chinese multimillionaire Xiong Shuihua made his fortune in the construction and steel industries, and wanted to give something back to his childhood village. Photo: Video screen grab/YouKu.


Photo of the luxury condos Chinese multimillionaire Xiong Shuihua bought for his former neighbors in the village of Xiongkeng.

Xiong Shuihua bulldozed the ramshackle wooden huts and dirt roads in his childhood village, and replaced them with luxury condos. Photo: Video screen grab/YouKu


Photo of people walking through Chinese multimillionaire Xiong Shuiha's childhood village carrying umbrellas.

Xiong Shuihua spent over $6.3 million building homes for all 72 families in the village of Xiongkeng in southern China. Photo: Video screen grab/YouKu

Chinese multimillionaire Xiong Shuihua also promised to feed elderly and low-income villagers three times a day.

Xiong Shuihua also pledged to feed elderly and low-income villagers three times a day. Photo: Video screen grab/YouKu.

Chinese multimillionaire Xiong Shuihua builds luxury condos for 72 families in his former village.

Here’s the video from the original news report that got posted on YouKu, Unfortunately, there are no English subtitles.

Featured image: Composite with video screen grabs from a Chinese news report via YouKu.

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