Planet China

Daddy come home

Zhao Bingxian is one of the many Chinese businessmen who likes to compare himself to Warren Buffett. “Yes, we are alike, both of us are calm on the outside, but inside is fever. We only invest in the companies we like,” Zhao reckons. Yet there is at least one way in which the two men differ. Unless WiC is mistaken, the Sage of Omaha has never been sued by his sons.

This is the strange situation in which Zhao now finds himself, reports Legal Evening News. In our profile of the tycoon in WiC140 we mentioned that he was estranged from his wife Lu Juan and going through what was termed as China’s most expensive divorce. Since that time he hasn’t seen his nine year-old son, and so the boy brought his case before the Beijing Haidian Court. On the grounds that he misses his father and it is “seriously affecting his growth”, Zhao junior petitioned the judge to order at least two visits from Dad every week and to pay him Rmb6 million ($980,000) in financial support.

According to Legal Evening News, neither father or son turned up personally to the hearing (missing a chance to bond, sadly). But litigation experts say it is the first time in China that a minor has sued a parent to ensure regular visits. Zhao’s ex-wife told reporters: “It doesn’t matter that he doesn’t care about me, but the son needs fatherly love, which is his responsibility as a father.”

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