How Evergrande dance troupe helped its founder become the richest man in China
Evergrande's founder, Xu Jiayin, was once the richest man in China before his property empire became the biggest bubble triggering a real estate debt crisis. His Evergrande dance troupe is the secret weapon he used to conquer anything he couldn’t. The dancers specialize in Chinese dances and he require them to remain single while working for him. Xu was arrested in 2023 and one of the questions he was asked was: Which big shots have you conquered using members from your dance troupe? For some of Xu's former friends, colleagues, and business contacts, life is quite restless as they worry about what Xu might have told the officials.
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