201927 minPGdocumentary

Chinese Dream: Modern Socialist Billionaires (Wealth Documentary)

201927 minPGdocumentary

A weekend at the Formula One race track in Shanghai costs at least 10,000 euros for members of an exclusive car club catering to China's wealthy elite.

Wealth Inequality

Genres

Business

Channel: Real Stories

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Chinese Dream: Modern Socialist Billionaires (Wealth Documentary)

2019• 27 minPG

Synopsis

A weekend at the Formula One race track in Shanghai costs at least 10,000 euros for members of an exclusive car club catering to China's wealthy elite.

Synopsis

At the Formula One circuit in Shanghai, members of an exclusive sports car club gather for a weekend of racing. Among them are Li Chiao and Zhang Gichan, young entrepreneurs from Beijing. They spend up to 500,000 euros annually on their passion for luxury cars. The documentary portrays the lives of China's new millionaires, including their extravagant hobbies and business dealings. It also touches on the rise of social media in shaping their public personas. The film reflects a shift in Chinese society, where wealth and privilege have become more pronounced.

Deep Dive

Why Watch

Meet young entrepreneurs with extravagant car collections.
See the exclusive events at Shanghai's Formula One circuit.
Find out how a milk scandal created millionaires.

Did You Know

The minimum requirement for membership in the car club is owning a Porsche 911.
Li Chiao has an annual budget of up to 500,000 euros for his car hobby.
The Formula One track in Shanghai is rented by a sports car club with over 1,000 members.
Li Chiao's fortune grew significantly after the 2008 milk powder scandal in China.

Perfect For

Luxury car enthusiastsBusiness success storiesWomen in leadership

Read full Deep Dive →

Frequently Asked Questions

What is the minimum requirement for membership in the exclusive car club in China?

The minimum requirement for membership is owning a Porsche 911 or a Nissan GT-R.

How much does a weekend at the Formula One race track cost for members?

A weekend at the Formula One race track costs at least ten thousand euros.

What business did Li Chiao make his fortune from?

Li Chiao made his fortune through the distribution and sale of milk powder imported from Europe.

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