Chinese Entrepreneur Becomes Billionaire By Selling Inexpensive Milk Tea
Following a recent funding round that valued his Chinese tea chain, Cha Panda, at $2.1 billion, Wang Xiaokun, the founder and chairman, has now entered the billionaire ranks. Aged 40, Wang’s net worth stands at $1.1 billion per Forbes. His wealth originates from a near 60% ownership of Chengdu’s beverage chain, Cha Panda, which has […]
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