Daughter of a billion-dollar toy tycoon dies by suicide burning charcoal amid depression; son spends 800 million to marry Donnie Yen's sister-in-law

On Hong Kong, China's rich list, the two most famous tycoons are the richest man Li Ka-shing and the prominent Liu Luanxiong, but besides these two, there is another super-rich man worth tens of billions, a Chaoshan native like Li Ka-shing, named Cai Zhiming, known as the Toy King of Hong Kong.

On the most recent Hong Kong rich list, 68-year-old Cai Zhiming ranked 15th with a net worth of 2.8 billion US dollars. This self-made successful entrepreneur turned his hobby into his career and single-handedly built a toy empire worth tens of billions. The Xuri Group he founded is the largest toy manufacturer in all of Asia and makes toys for more than 50 countries around the world.

When he was young, Cai Zhiming's family was not well off and he had no toys of his own. He made a wish in his heart that in the future he would build his own toy kingdom, so that more children like him could have their own toys in childhood.

After graduating from middle school in 1969, Cai Zhiming became a salesman for toy cars. Three years later, he and his brother jointly invested 100,000 yuan and, with 2 machines and 12 workers, founded Xuri Toys in Hong Kong. The next year, an economic crisis swept across Hong Kong and the company struggled to operate. Unwilling to give up, Cai Zhiming subcontracted the business to family workshops, and this crude method helped Xuri get through the crisis. Five years later, Cai Zhiming obtained the Snoopy toy agency rights, and his active efforts in design and production made Cai Zhiming and Xuri Group widely known. Later, Cai Zhiming took the opportunity to acquire an American die-cast toy company, and from then on leapt to become a true Toy King of Asia.

Cai Zhiming has three children in total. His son Cai Jiazan was groomed very well as the successor and married Wang Yuanyuan, the sister-in-law of Donnie Yen. It is said that on the wedding day, Cai Zhiming spent 800 million yuan directly and spent 20 million to buy a Lamborghini as a gift for his son, and many celebrities from Hong Kong attended.

What saddens Cai Zhiming most is his second daughter, Cai Jiaying, which is also a pain he can never erase. According to people familiar with the matter, his second daughter suffered from depression for a long time and ultimately chose to commit suicide by burning charcoal.