Name: Wang Sicong s 833M Vanish Million Dollar Parties 20 Supermodels C Biz Power GONE
Uploaded: 2026-06-08T14:05:48.430Z
Duration: 15 min 49 s
Channel: China Insider TV

China Insider TV

https://media1-us-west.cloudokyo.cloud/video/v14/b3/9a/45/b39a453d-79e3-447a-99b3-8559cc7c1106/master.m3u8

A father is on his knees before creditors, his trillion-yuan empire on the verge of collapse—while his son sits in Tokyo enjoying a 75,000 yuan sea urchin feast, wearing 9,000 yuan Louis Vuitton sandals, with a girlfriend born in 2002 by his side.
It sounds like the plot of a movie. But this is the real-life story of Wang Sicong, the only son of real-estate tycoon Wang Jianlin.
Many people were quick to draw a simple conclusion: the father stays behind in China, burdened with debt and serving as collateral for the family empire, while the son spends lavishly overseas, indulging in a life of luxury.
But the reality is far harsher than that.
A man who once possessed assets worth 6 billion yuan ($833 million), who was once known throughout China as the “Disciplinary Committee of the Entertainment Industry” because no one dared challenge him, is now selling properties at losses of 20 million yuan, watching his company shares be valued below zero by the courts, and struggling to survive by doing something few would have imagined—opening cosmetic and aesthetic clinics.
How did it come to this?
NOTE: Thumbnail for illustration purpose only! 
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00:00 - Intro
01:15 - The Fall of “Rich Second-Generation” Heir Wang Sicong
03:35 - The “Entertainment Industry Disciplinary Committee” and a Life of Shocking Luxury
08:27 - The High Price of Arrogance
#xijinping #wangsicong #wandagroup