Billionaires like Telegram founder Pavel Durov and Tesla CEO Elon Musk are fathering legions of children who will inherit their empires. Now, a super-rich Chinese businessman is doing the same thing in the United States, hoping to have about 20 children here to inherit his video game fortune.
Xu Bo is the founder and chairman of Guangzhou Duoyi Network: one of the largest mobile gaming companies in China. Although the 48-year-old entrepreneur is developing his company in Guangzhou, he has no plans to pass on his $1.1 billion fortune to children born in his home country. one wall street journal An investigation into Xu’s U.S. surrogacy history found that the Chinese billionaire was seeking parental rights for at least four unborn children and had previously been and was actively the father of at least eight surrogate children. There may be dozens more.
The billionaire’s video game company also reportedly said Xu had given birth to more than 100 children through surrogacy in the United States. wall street journal Report. According to an account linked to Xu on the Chinese microblogging site Weibo, he is allegedly looking for “50 high-quality sons” and said “having more children can solve all problems.” Xu also reportedly said at a court hearing in 2023 that he hoped to have about 20 U.S.-born children take over his business one day. wall street journal. He also fantasized about his American children marrying Musk’s children. Last month, Xu’s ex-girlfriend also claimed that he had 300 children living around the world, a claim his company denied.
Xu’s Duoyi Network later issued a statement opposing Magazinesaying the publication “deliberately obfuscated the facts and fabricated false information” and that only 12 of the more than 100 children it claimed were born in the United States.
Another billionaire with more than 100 heirs: Telegram founder Pavel Durvo
Xu is one of a growing number of super-rich people raising dozens of children to manage their companies and expand their legacies. Like video game billionaire Xu, Telegram founder Pavel Durvo has helped more than 100 babies get pregnant in 12 countries.
Officially, the $14.2 billion entrepreneur has six “official” children with three different partners. In addition to this pedigree, Durov has been donating sperm to a sperm clinic for the past 15 years, which has allowed him to have more than 100 successful pregnancies.
Durov told French media: “I recently wrote a will” lepoint In an interview this June. “I make no distinction between my children: some conceived naturally, some with sperm donated by me. They are all my children and have the same rights! I don’t want them to be separated from each other after my death.”
This story originally appeared on Fortune.com
