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Posted: **Mon May 13, 2013 3:50 pm**

Granddaughter of Mao Zedong Has Net Worth Over $800 Million

As much as I hate HuffPo, this is just too rich to ignore: http://www.huffingtonpost.com/2013/05/0 ... _ref=world

The appearance of a grand-daughter of Mao Zedong, founding father of Communist China, on a list of the country's richest citizens prompted online accusations of hypocrisy Thursday.

Kong Dongmei, now in her early 40s, and husband Chen Dongsheng ranked 242th with personal wealth estimated at five billion yuan ($815 million) on a rich list released this month by New Fortune, a Chinese financial magazine.

Kong is the grand-daughter of Mao and his third wife He Zizhen. In 2001 she founded a book store in Beijing selling publications about Mao and promoting "Red Culture" after studying at the University of Pennsylvania in the US.

Posted: **Mon May 13, 2013 4:17 pm**

Priceless....

Preach communism, practice capitalism.....

Posted: **Mon May 13, 2013 5:12 pm**

One of the first things I noticed on my first trip to China was they seem to be bigger capitalists then we are, Due to so many people, so few jobs and so little Govt support the people have to come up with ways to make money.

Posted: **Mon May 13, 2013 5:17 pm**

gthaustex wrote:Priceless....

Preach communism, practice capitalism.....

They're practicing oligarchy... not capitalism.

Posted: **Mon May 13, 2013 10:49 pm**

You are correct of course.

I was just looking at the money aspect, as opposed to power. But, they probably gathered that money through rule / connections and are able to keep influence because of money.

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