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Ping and Cheng Cheung Ling gifted their 24-year-old son, Eric Tse a share worth $3.5 billion (N1,365,035,000,000), making him made one of the world’s billionaires overnight.

Eric Tse was born into one of China’s richest families, also a founder of Sino Biopharmaceutical Ltd, transferred around a fifth of their company’s share capital worth a whooping $3.8 billion (N1,365,035,000,000), Bloomberg reported.
Although Eric was born in Seattle in the US, he attended primary school in Beijing and secondary school in Hong Kong before graduating with a finance degree from the Wharton School of the University of Pennsylvania.

Eric has, however, said that he will try to keep a low profile so as to discourage efforts by media organizations to put on global wealth rankings, adding that he would want the fortune ascribed to the Tse Ping family.

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