Chinese billionaire who has fathered more than 100 children hopes to have dozens of U.S.-born boys to one day take over [View all]

[riversedge]

Wealthy families passing on wealth to their hundreds of kids ensures that wealth will stay at the top. .............


Chinese billionaire who has fathered more than 100 children hopes to have dozens of U.S.-born boys to one day take over his business

https://www.yahoo.com/news/articles/chinese-billionaire-fathered-more-100-120000886.html

Emma Burleigh
Thu, December 25, 2025 at 6:00 AM CST

Xu Bo, the founder of one of China’s largest mobile gaming companies, is looking to have “50 high-quality sons” in the U.S. to take over his billion-dollar empire.

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.

The billionaire’s video game company had also reportedly stated that Xu has more than 100 children born through surrogates based in the U.S., according to WSJ reporting. He was allegedly seeking “50 high-quality sons,” according to accounts linked to Xu on Chinese microblogging website Weibo, and said that “having more children can solve all problems.” During a 2023 court hearing, Xu also said he hoped to have around 20 U.S.-born children to one day take over his business, according to WSJ. He also fantasized about his American kids marrying Musk’s children in the future. Last month, Xu’s ex-girlfriend also alleged that he had 300 children living around the world—a claim his company denied.......................