24-year-old becomes billionaire overnight

Have you ever dreamed of getting rich overnight?

This happened to one person in Asia, although he was helped by his parents, broadcast the Klan Kosova.

According to a statement issued by the 24-year-old Eric Tse's Sino Biohaceutics, the parents, through a series of transfers on October 22nd, gave total Tse 2.7 billion shares to the company.

The transfers, according to reports from Hong Kong-based newspaper South China Morning Post, are worth $3.8 billion. The report also noted the lack of taxes on gifts and inherited property in Hong Kong, meaning that gifts came without taxes.

Company officials said the shares transfers were made for “refined management and heritage of family property”.