How much is Ming Xuechang s annual income converted into RMB?

Mondo Entertainment Updated on 2024-02-06

In 1954, Ming Xuechang was born in Kokang Nanhutang, located in northern Myanmar, with high mountains and dense forests, and a relatively backward economy. Ming Xuechang did not receive much education when he was a teenager, and began to crawl in society since he was a child. At that time, the northern region of Myanmar was dominated by Li Guoliang and Peng Jiasheng, and Ming Xuechang chose to serve under Peng Jiasheng. He won Peng Jiasheng's appreciation for his cunning and ruthless style.

As time went on, in 2009, conflicts broke out in northern Myanmar, and Peng Jiasheng had a fierce confrontation with other forces, and in order to protect himself, Ming Xuechang took the opportunity to break away from Peng Jiasheng's forces. After that, Ming Xuechang, together with Bai Socheng and others, controlled Kokang and became the overlord of the region.

So, after becoming famous, how much is Ming Xuechang's annual income equivalent to ** yuan?

In 2009, Ming served in the Burmese Allied Army. In August of that year, fierce clashes broke out between the Allied forces and the Burmese army, and the Allied forces gradually lost their support and their territory gradually shrank. Ming Xuechang saw that Peng Jiasheng's power had declined, so he had private contact with the Burmese army. The Burmese army promised Ming Xuechang the position of Kokang county magistrate, and in return, Ming Xuechang chose to betray Peng Jiasheng. Eventually, Peng Jiasheng was forced to leave Kokang, and his son Peng Deren led the rest of his army into the rainforest.

Once he became the county magistrate, Ming Xuechang quickly arranged for his children and grandchildren to enter Kokang**. His son Ming Guoping took control of the police barracks, while his granddaughter Ming Zhenzhen took control of Crouching Tiger Villa. After having power and **, Ming Xuechang divided the sphere of influence with Bai Suocheng and Wei Chaoren. Bai Suocheng and Wei Chaoren are mainly involved in real estate, entertainment, and tourism, while Ming Xuechang focuses on telecom fraud and gambling. With the passage of time, Ming Xuechang gradually emerged in the Kokang area and became a high-profile figure in the region.

According to the understanding, Ming Xuechang's main income comes from several aspects. First of all, he opened casinos in Kokang and other places, attracting some local tyrants from Southeast Asia to gamble and get a considerable commission. Secondly, Ming Xuechang established Wohu Villa in northern Myanmar, specializing in telecom fraud, with an annual income of more than 1 billion yuan. Third, his private armed forces are involved in armed drug trafficking, human trafficking and other criminal activities, and obtain huge profits. These illegal activities have made Ming Xuechang's annual income exceed 500 million yuan.

In addition to the economic prosperity, Ming Xuechang's luxurious life is also remarkable. The economy of the Kokang area is relatively backward, but Ming Xuechang built mansions in Kokang Old Street and other places, and was escorted by bodyguards when entering and leaving. His children and grandchildren, such as Ming Guoping and Ming Zhenzhen, are wearing famous watches worth tens of millions. Behind these luxuries is a huge amount of wealth acquired through illegal means.

However, in 2023, a major incident broke out in Ming Xuechang's Crouching Tiger Villa, causing Ming Xuechang to instruct Ming Zhenzhen and others to kill. This caused great anger among the public, and Peng Jiasheng's son Peng Deren took the opportunity to kill himself from the mountains, resulting in the destruction of Ming Xuechang's mansion and the capture of all his children and grandchildren. In the face of the general trend, Ming Xuechang finally chose to hang himself on the southeast branch, and he deserved it. His crimes made him a heinous bandit who paid the price he deserved.

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