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From $300 Billion To Nothing: Evergrande Collapsed (And Its Founder Got Life

WRECKONOMICS

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From $300 Billion To Nothing: Evergrande Collapsed (And Its Founder Got Life

123 просмотра · 1 месяц назад
WRECKONOMICS
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123 просмотра · 1 месяц назад
He was worth $45 billion — richer than the founder of Alibaba, the richest man in Asia. He built his empire selling apartments before they existed. Then it turned out he owed $300 billion, left 1.6 million homes unfinished, and 6 million families waiting for keys that may never come. Four days ago, a Chinese court sentenced him to life in prison. This is the full story of Evergrande — the biggest corporate collapse in modern history — and how the man who built it ended up exactly where this story was always heading. ⏱️ TIMESTAMPS 0:00 Cold Open 0:45 The Rise — Who Is Hui Ka Yan 3:30 The Machine — How The Pyramid Worked 6:30 When The Music Stopped 10:30 The Human Cost — 6 Million Families 14:30 The Verdict — Life In Prison 16:30 What Doesn't Get Fixed 17:30 Closing If you think justice was actually served here — or if you think the wrong person just took the fall for a much bigger problem — drop your take in the comments below. 🔔 Subscribe for weekly deep dives into the rise and fall of the world's most powerful companies. If you want to see this same kind of collapse playing out inside Western car companies right now, check out our Volkswagen video. #Evergrande #China #CorporateCollapse #RealEstateCrisis #ChinaEconomy #BusinessDocumentary #WhiteCollarCrime #Economy