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The Power To: Buy a New High Society Life
New York magazine
|October 23 - November 5, 2023
Zhang Xin escaped China with her fortune. Now she’s one of New York’s most significant cultural philanthropists.
Over the past decade in China, as the Communist Party has reined in entrepreneurship in favor of Xi Jinping's gospel of "common prosperity," bad things have begun happening to the country's billionaires. The outspoken real-estate magnate Ren Zhiqiang is now in prison after calling Xi a "clown"; Jack Ma disappeared from the public eye for years. One prominent billionaire, Zhang Xin, along with her husband, Pan Shiyi, made a well-timed departure during the pandemic, moving a
This story is from the October 23 - November 5, 2023 edition of New York magazine.
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