A great wealth transfer is happening in China

Have you and your relatives fought over ancestral homes and inheritance? I am raising an uncomfortable question, I know.

China’s billionaire families have certainly had their share of very public and very ugly spats – including 

“Wahaha princess” Kelly Zong’s recent battle with her half-siblings

for control over US$2 billion (S$2.6 billion) of cash held offshore. But as Chinese society ages and the economy slows, the middle class is also starting to argue over money, tearing apart long-held social norms such as family harmony and filial duty.