Billionaires like Telegram founder Pavel Durov and Tesla CEO Elon Musk have fathered legions of children who are slated to inherit their empires. Now, an ultra-wealthy Chinese businessman is doing the same in the U.S., in hopes of producing around 20 U.S.-born children to inherit his video game fortune.
Xu Bo is the founder and chairman of Guangzhou Duoyi Network: one of China’s largest mobile gaming companies. Despite the 48-year-old entrepreneur growing his company in Guangzhou, he’s not looking to pass down his $1.1 billion fortune to a child born in his home country. A Wall Street Journal investigation into Xu’s surrogacy history in the U.S. found that the Chinese billionaire was seeking parental rights to at least four unborn children, and had previously fathered and was actively fathering at least eight more surrogacy kids. There could be dozens more.
