201327 minPGdoc-short

Socialist China's Billionaire Playboys

201327 minPGdoc-short

A weekend at the Formula 1 racetrack in Shanghai costs at least €10,000, attracting China's wealthiest car enthusiasts and their expensive hobbies.

Social Inequality Entrepreneurship

Genres

Business

Channel: Journeyman Pictures

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Socialist China's Billionaire Playboys

2013• 27 minPG

Synopsis

A weekend at the Formula 1 racetrack in Shanghai costs at least €10,000, attracting China's wealthiest car enthusiasts and their expensive hobbies.

Synopsis

The Formula 1 circuit in Shanghai hosts a weekend gathering of China's wealthiest car enthusiasts. Members of the exclusive sports car club, including entrepreneurs Li Chao and Zangya Chun, indulge in their passion for high-performance vehicles. Membership requires ownership of luxury cars like the Porsche 911, with costs reaching €10,000 for a weekend at the track. As the children of new millionaires, they navigate a world where traditional values have shifted, reflecting the changing dynamics of wealth in modern China.

Deep Dive

Why Watch

Meet Liechow, who turned milk powder distribution into a fortune.
See the exclusive car club at the Shanghai Formula 1 circuit.
Find out how young entrepreneurs spend lavishly on sports cars.
Discover the impact of economic liberalization on China's elite.

Did You Know

The minimum requirement for membership in the car club is a Porsche 911 or Nissan GTR.
Membership at the Formula 1 racetrack costs at least €10,000 for a weekend.
Liechow spends up to €500,000 annually on his car hobby.
Mr. Zang paid around €200,000 for his Porsche, in addition to owning a BMW and an Audi.

Perfect For

Luxury car enthusiastsYoung entrepreneursFans of modern ChinaWealth and class studies

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Frequently Asked Questions

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

The minimum requirement for membership is a Porsche 911 or a Nissan GTR.

How much does a weekend at the Formula 1 racetrack cost for members?

A weekend at the Formula 1 racetrack costs at least €10,000.

What business did Liechow make his fortune in?

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

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