Meet this 'Chaiwala' from China, who earned 9500 crores in 1 day

Tea is something that is served in almost every country. Especially in India and China, tea is everyone's favorite drink. Today we will introduce you to such a tea seller in front of whom the big giants fail. This young billionaire from China is only 38 years old. This young billionaire of only 38 years has given tough competition to the big giants of China. He does the tea business. Actually, the craze of bubble tea in China has made many businessmen billionaires.

Tea is something that is served in almost every country. Especially in India and China, tea is everyone's favorite drink. Today we will introduce you to such a tea seller in front of whom the big giants fail. This young billionaire of China is only 38 years old. This young billionaire of only 38 years has given a tough competition to the big giants of China. He does the tea business. Actually, the craze of bubble tea in China has made many businessmen billionaires.

IPO did wonders

On Wednesday, his company's IPO hit the market and on the very first day, this IPO did wonders. Due to the strong response received for this IPO of about 233 million dollars, Wang's wealth increased by about 1.1 billion dollars (about 9500 crores rupees) in a day. Wang, who was an engineer by profession, tried his hand in business after his studies.

From tea stall to billionaire

After completing his studies, Wang opened the first bubble tea shop in 2010. According to a Bloomberg report, Wang started his business journey from a small town in Shanghai. Slowly, his tea business gained momentum and soon he opened about 10,000 tea stores in China. The brand of his company's tea is 'Good Me'. Today, in the bubble tea segment, his tea is found in every household in China. Today, Good Me has become the second largest bubble tea maker in China.