China's billionaires: Dai Zhikang


Dai's parents were farmers, and his early years were spent looking after their pigs and cows in Jiangsu province, the fourth of six children.

But Dai's family were ambitious for him and maintained his schooling. He won a place at Renmin University where he studied finance. The extended family paid his way, although it was hardly a princely sum. His living expenses were just $2.50 a month.

After graduation, most of Dai's classmates chose a life of government service. But, he tells us, he had to repay his family loans, and this was the dawn of the "opening-up period" as the Chinese call the moment when they began the transition from communism to capitalism.

So Dai went into banking where he learnt the elements of finance that were to serve him well in expanding his property empire. It was arriving in Shanghai to start his first job that led him to enter the property business.

The 47-year-old property developer now has a personal net worth $1.2 billion and says it is time for China to tread a global stage.

One in a Billion: More on the lives of China's super-rich

Video produced by Vivum Intelligent Media Ltd

Copyright © 2016 BBC. The BBC is not responsible for the content of external sites. Read more.

This page is best viewed in an up-to-date web browser with style sheets (CSS) enabled. While you will be able to view the content of this page in your current browser, you will not be able to get the full visual experience. Please consider upgrading your browser software or enabling style sheets (CSS) if you are able to do so.