Taiwan wealthy businessman Sun Daocun died of illness in prison in 2021 at the age of 72. In the past, as long as a wealthy businessman passed away, the outside world's focus would inevitably be on the wealthy businessman's legacy - how many inheritances he left and how many people would participate in the struggle for property. However, this incident did not happen to Sun Daocun's descendants. Because Sun Daocun owed huge debts before his death, up to 7.45 billion NT$ (about 1.7 billion RMB), if his descendants choose to inherit the inheritance, they will be responsible for part of the NT$ 7.45 billion debt. Under normal circumstances, no one would choose to pay off the debts for his father (husband), so the three children born to Sun Daocun and his second wife had given up the right of inheritance as soon as possible. Now only the three children born to Sun Daocun and his confidante Yan Ning and his third wife did not give up.
Sun Daocun’s life is full of excitement, and his feelings are even more colorful. He has experienced three marriages and has dated many girlfriends. He has given birth to three sons and three daughters with his ex-wife and girlfriend, among which he has two daughters and one son with his second wife - the most well-known Taiwanese No. 1 socialite, Sun Yunyun and her sister Sun Yingying are his daughters. In addition, he lived with his confidante Yan Ning and gave birth to two sons and one daughter. Before his death, he still had a legal relationship with his third wife Wu Yiping, so there were seven heirs in total, including six children and one wife.
Sun Daocun was once the richest man in Taiwan when he was the most glorious. He was a rich second-generation. His father, Sun Famin, was a businessman from Hebei. He moved from mainland China to Taiwan with his family and founded Pacific Wire and Cable Co., Ltd. Sun Daocun is not a rich second generation who is ignorant. After he continued his family business, he once carried forward his family business and entered the field of telecommunications. When mobile phones were popular in the 1990s, Sun Daocun targeted business opportunities, obtained a business license, and founded the telecom brand of Taiwan's Big Brother Da, which once made him the richest man in Taiwan. Unfortunately, the investment failure later resulted in huge losses. He retired as a director of the Taiwan Big Brother University, and emptied the company's funds in different names and was involved in a deficit case. In 2017, he was sentenced to three years in imprisonment . In addition to other charges, he was sentenced to a total of 4 years and 3 months in prison, and finally needed to compensate NT$7.45 billion.
According to relevant laws and regulations in Taiwan, if the inheritor does not give up the inheritance, the debts of the deceased will be limited to the inheritance. That is to say, if Sun Daocun’s heir does not choose to give up the inheritance, he may have to pay back the debts for him - because Sun Daocun owes NT$7.45 billion, the assets under his name are not enough to compensate these debts. On the surface, this is a bottomless pit. The three children born to Sun Daocun and his second wife have suffered the loss of paying off their father's debts, so they immediately chose to give up their inheritance and have been approved by the court in 2022.
What is more surprising is that Sun Daocun’s widow and the three children born to Yan Ning did not choose to give up the inheritance. This made the outside world curious about why they were so persistent, or what did Sun Daocun leave them and make them so persistent? It shouldn't be the choice to inherit it in order to repay the debt. In fact, Sun Daocun was as smart as all wealthy businessmen and had long transferred his property. Although he owed huge debts, he enjoyed a lot of fun in the past days of medical parole. His young wife lived in a luxury house, drove luxury cars, went to and from famous stores, and was photographed by the media many times. This was not the living conditions that a family who owed huge debts should have, so he must have concealed his assets.
As expected, after Sun Daocun passed away, when relevant international organizations checked the Credit Swiss accounts of Taiwan's government and businessmen, they found that Sun Daocun's ex-girlfriend Yan Ning had deposited more than 24 million francs (approximately 170 million yuan) in three accounts of Credit Swiss. With Yan Ning's current income situation, it is impossible for him to deposit so much money. Obviously, the source of this money is Sun Daocun. Sun Daocun transferred his personal assets to Yan Ning's account in order to avoid high debts.Similarly, in the name of Sun Daocun’s young wife Wu Yiping, there should be huge amounts of funds. I believe that it was also left by Sun Daocun’s transfer of funds. After Sun Daocun passed away, these funds were naturally reasonably transferred to Yan Ning and Wu Yiping’s names.
Sun Daocun passed away. Besides leaving huge debts, what else did he leave? I believe that only Yan Ning and Wu Yiping know that they did not choose to give up their inheritance. It was not because they wanted to pay off their debts for Sun Daocun. It should be that Sun Daocun must have left something for them to make them persist. It is worth mentioning that although they inherited the inheritance and had to bear debts, these debts are limited, which means they do not need to fully repay the debt of NT$7.45 billion, but only need to pay a portion of it. If we weigh it, it is determined that the inheritance is more than the debts paid, then inheriting the inheritance is not a bad thing. You should know that the relatives and descendants of these wealthy businessmen are smarter than anyone else.
PS: All pictures are from the Internet
