Nowadays, debt has become the theme in people's lives. Many people wake up every morning and feel very depressed when they think about paying off mortgages, car loans and various credit card debts. For ordinary people, it may take decades for their debts to be paid off. For those entrepreneurs, the price they may pay to pay off their debts is the company's bankruptcy.
However, there is a boss in China who still lives a prosperous life although he owes tens of billions of dollars in debt. Even though his company had gone bankrupt, he still spent hundreds of millions of dollars to buy a luxury house and drove a luxury car worth millions of dollars when he went out. After he was arrested and imprisoned, his beautiful wife lived a free and easy life outside alone. This rich boss is Sun Daocun .
Sun Daocun only has a genuine rich second generation. His father is Sun Famin , who is called the "Cable King" by the outside world. As early as the 1930s, Sun Famin had already been in contact with the cable business. After more than 20 years of hard work, Sun Famin owned his own cable business. By the 1960s, Sun Famin got involved in the construction business and leasing industry and gradually became a billionaire.
Sun Daocheng was born in 1949 with the golden key in his eyes. Although he is a cynical rich second generation in people's eyes, Sun Daocun also has excellent business skills. Sun Daozhong joined his father's company at the age of 30 and became the general manager of the company with his own efforts.
When big brother became popular in the 1990s, Sun Daocun discovered business opportunities. In order to seize the market opportunity, he quickly founded a big brother big company and gradually developed into Asia's largest communications product manufacturer.
But Sun Daocun is not only limited to doing big brothers' business, he continues to invest the remaining profits of the company in landline phones, but this investment ends in failure. In order to solve the company's shortage of funds, Sun Daocun privately embezzled 16 billion yuan of his father's company. However, not only failed to get his company out of trouble, but instead caused his father's company to bear 18 billion yuan of debt. In desperation, Sun Daocun had to declare the company bankrupt.
However, even though the company went bankrupt, Sun Daocun still lived a free and easy life. He spent 300 million to buy a luxury villa and a luxury car worth millions. During this period, Sun Daocun also married his daughter's best friend. The two were actually 30 years apart in age, and this beautiful wife was also the daughter of Sun Daocun's friend, which was shocking.
Sun Daocun and his beautiful wife have been photographed shopping together many times. Even though he has a debt of 18 billion yuan, he still shops with his wife in high-end shopping malls. Sun Daocun also deposits 100 million in pocket money in the bank card he has given to his daughter. When Sun Daocun was investigated, he also said that he would withdraw his daughter's money first to repay part of his debt.
After Sun Daocun had an accident, he began to become careful, but he still did not get rid of the bad habit of spending money randomly. In 2017, Sun Daocun's private appropriation of 16 billion yuan of his father's company was exposed, and he was sentenced to three years in prison. However, Sun Daocun's beautiful wife is still living a comfortable life alone. I wonder if the relationship between the two will change after Sun Daocun is released from prison.