China's Tycoon Heirs to Inherit Over $100B as Fathers Pass the Torch Early
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China's richest business tycoons are passing control of their companies to their children earlier than usual amid economic uncertainty.
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Heirs from at least 11 families stand to inherit $120 billion in wealth.
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Zhong Shu Zi, son of China's richest man, will take over Nongfu Spring, China's largest bottled water company.
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Gao Haichun has returned from Brown University to chair Trinapower, a major solar products manufacturer owned by her father.
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China has seen almost uninterrupted wealth growth over the past 40 years, with founders of top companies accumulating $1 trillion in wealth.