Multimillionaire Bulldozed Decrepit Hometown To Build Luxury Condos For Everyone As A ‘Thank You’

Xiong Shuihua, a Chinese multimillionaire, bulldozed his old decrepit hometown to build luxury condos for everyone, for free, as a humble “thank you.”

Some stories just put a smile on your face. So often our image of rich business moguls is associated with egocentric, narcissistic men who greedily spend their fortunes on penthouses, speedboats, and private jets.

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Xiong Shuihua

But Xiong Shuihua, a Chinese multimillionaire who earned his own fortune in the steel construction business, has shattered this stereotype, demonstrating philanthropy at its best and proving the existence of “good” in places often seen as grim.

Xiong Shuihua was born in Xiongkeng village in the city of Xinyu, southern China, and said that his family had always been well looked after and supported by community residents during his childhood.

So, after making his millions in the steel industry, Shuihua opted to repay his debt to his childhood community by “updating” the locals’ living spaces.

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Xiongkeng village before the overhaul.

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Xiongkeng village after the overhaul; Photo credits: The Daily Mail

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Five years ago, the area was considerably run-down, with most locals living in the most basic of homes.

Today, however, the area has been completely transformed, and now 72 families are enjoying a new quality of life in what can be considered “luxury flats.”

Furthermore, 18 families who were particularly kind to the businessman were given villas of their own, in a project costing close to $7.4 million.  Continue reading . . .

SF Source Collective Evolution  April 2015

4 thoughts on “Multimillionaire Bulldozed Decrepit Hometown To Build Luxury Condos For Everyone As A ‘Thank You’

  1. May this man be blessed 1000x over. Wealth can be used for good rather than greed. Imagine what could be accomplished for every human being. Scarcity and poverty have been the inevitible results of our fraudulent financial system for millenia. In this world of true abundance, there is no valid reason for poverty, homelessness, or sickness.

    1. Agreed! As always, actions DO speak louder than words, especially words from liars-in-control mouths. Xiong Shuihua’s action provides a demonstration of gratitude and appreciation and places a very high value on the kindness he received from his village community. g

  2. This is one of the reasons I know humans can rise above greed and do so much good for each other . Thanks for the sharing of such compassion in a seemly hopeless greedy world of unless wealth. Until every person is taken care of none of us are really cared for.

    1. Hi Essie! I loved this post, too. It IS the way our world is heading despite all indications to the contrary. Hugs, g

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