Around 24 years ago, Chinese billionaire Zhang Yudong, also known as Zhang Sr., made a decision that defied convention and secrecy. In an era where wealthy individuals often pass down their riches to their offspring, Zhang Sr. chose a different path, one shrouded in secrecy and deception regarding his wealth, particularly from his own son, Zhang Zilong, or Zhang Jr.
The revelation of this unconventional upbringing surfaced recently in an interview with Jiupai News, where Zhang Jr. disclosed the remarkable story of his upbringing. For the first two decades of his life, Zhang Jr. remained oblivious to his family's affluent background. Despite his father's stature as a prominent Chinese entrepreneur, renowned for establishing the successful food brand Mala Prince, with annual revenues soaring up to US$83 million or Rp 1.3 trillion, Zhang Jr. was led to believe that his family faced the same struggles as any ordinary business.
Raised in modesty and humility, Zhang Jr. resided in a simple apartment in Pingjiang, Hunan Province, and underwent the same rigorous educational processes without any inkling of his family's true financial status. Upon entering the workforce, he diligently toiled to support his family in clearing debts, earning a modest salary of US$800 or Rp 12 million per month.
Only after Zhang Jr. had significantly contributed to alleviating his family's financial burdens did Zhang Sr. unveil the truth: their family was, in fact, vastly wealthy. As reported by the South China Morning Post (SCMP), Zhang Sr. intentionally concealed his riches to shield his son from growing up spoiled. This unorthodox approach instilled in Zhang Jr. a profound sense of humility and an unwavering work ethic that would shape his character for years to come.
Though initially shocked by the revelation, Zhang Jr. embraced his newfound heritage with contentment. Transitioning from their modest abode to a lavish villa worth US$1.4 million or Rp 22 billion, Zhang Jr.'s lifestyle remained unchanged, reflecting his deep-rooted values of modesty and diligence.
Reports from SCMP affirm that Zhang Jr. continues to lead a modest life, working diligently within his father's company without any preferential treatment. Tasked with the responsibility of spearheading the company's journey to public listing and international expansion, Zhang Jr. faces the same challenges and expectations as any other employee.
His father's plan to eventually transfer ownership of the company to him hinges on the success of these endeavors. Should they fail, no such transition will occur. Zhang Jr.'s story stands as a testament to the virtues of humility, hard work, and the significance of earning success on one's own merit, irrespective of familial wealth or background.