Ironically, for authoritarian communist countries that recorded high rate of newly minted billionaires in the past five years, China and Vietnam are doing something right cracking down on billionaires.
Very fair, the persecution of Jack Ma was very interesting. Haven’t heard of what happened in Vietnam though?
You shouldn’t need to be authoritarian to crack down on these systems though. I really liked what I saw Lena Khan doing in the US, what Brazil did to twitter or what Julie Inman Grant did here in Australia
There is a Vietnamese billionaire who is found guilty of scamming her victims. The court ordered her to pay what she stole within a deadline or else she will face execution. I don’t remember if she is ordered to pay either only a portion or all of what she scammed.
Ironically, for authoritarian communist countries that recorded high rate of newly minted billionaires in the past five years, China and Vietnam are doing something right cracking down on billionaires.
Very fair, the persecution of Jack Ma was very interesting. Haven’t heard of what happened in Vietnam though?
You shouldn’t need to be authoritarian to crack down on these systems though. I really liked what I saw Lena Khan doing in the US, what Brazil did to twitter or what Julie Inman Grant did here in Australia
There is a Vietnamese billionaire who is found guilty of scamming her victims. The court ordered her to pay what she stole within a deadline or else she will face execution. I don’t remember if she is ordered to pay either only a portion or all of what she scammed.