BigWorldAndSmallWorld Blog

A Funny Story of One Yuan Becomes Billions in China

Posted in China business,Money by Administrator on the November 19th, 2012

I saw this on the internet, I thought it was quite funny. I had no intention to encourage you to do the same, nor did I like any of the doings. I translated it so that you can laugh about it and trash it. I didn’t mean to offend anybody.
One person got 1 yuan, he found a friend in the black market and bought a 50 yuan fake money. He used the 50 yuan to make a phone call at a small magazine stand on the street. The stand owner an old grandpa could not tell fake money from real money, therefore he gave the person 49.6 yuan change in real money.
The person went to an underground CD store, bought 9 CDs at less than 5 yuan each. Then he took a 5 yuan long-distance bus ride to a nearby town where he sold his CDs for 15 yuan each for a total of 135 yuan. After returning to the city, he used the money to buy 260 pens, sold them at 1.5 yuan each thus to make a total of 390 yuan…He used this way buying and selling different merchants, now he got 2000 yuan.
The person went to amusement park to look for a prostitute, negotiated 300 yuan for the service but he gave her 1000 yuan. This pleased the lady so she introduced more prostitutes to him. Then he found a close-out printing shop and used 500 yuan to print many flyers, posted them everywhere in the city. The flyer said 10 prostitutes could make you 5000 yuan per day, 150000 yuan per month, subtract 100000 yuan rent, you gain 50000 yuan per month, do you want to make the big money?
…Now the person had more money to make bigger deals. He went on making variety of deals such as buying special goods from Yunnan and sold it elsewhere for big profit, registering a real estate company, hiring employees, bribing local officials, gaining contract for government road constructions, becoming representative for foreign companies in China, building a website to lure investor’s money, rounded 200 million yuan in funding, IPOed the company and the company valued at 200 million in US dollars. On the first day in the stock market, the stock price multiplied 10 times, the next day he sold the stocks and made 1 billion US dollars. From there on, the person became China’s Bill Gates and Warren Buffett. Haha, the end.

114 Responses to 'A Funny Story of One Yuan Becomes Billions in China'

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