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Chinese student bequeaths $2.9M estate to friend, citing parental distance

A 19-year-old student from Shanghai, surnamed Li, has created a will to bequeath his 20 million yuan (US$2.9 million) estate, including a flat and savings, to his childhood friend. Li, who is an extreme sports enthusiast, stated that he felt distant from his parents due to their remarriages and lack of time spent with him. He wishes to prevent his parents' new spouses, whom he considers strangers, from inheriting his assets. AI

RANK_REASON The story is a human-interest piece about a personal decision regarding inheritance, not a significant industry event.

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Chinese student bequeaths $2.9M estate to friend, citing parental distance

COVERAGE [1]

  1. SCMP — Tech TIER_1 English(EN) · Fran Lu ·

    Chinese student sets up a will bequeathing US$2.9 million estate to childhood friend

    A 19-year-old Chinese student recently made a will bequeathing his personal wealth of 20 million yuan (US$2.9 million) to his childhood friend, sparking heated discussion online. The teenager from Shanghai, surnamed Li, recently set up a notarised will to bequeath the property un…