According to a recent newspaper article, there’s a 22-year-old undergraduate in Singapore who already owns properties and luxury cars worth more than S$5 million.
Only known as Ah Long, it’s understood that his parents bought him two condo units valued at S$2.2 million. He had earlier owned a S$2.2 million three-storey landed property, which was purchased in 2007.
His parents also bought him a Mercedes Benz worth S$320,000 when he got his driving license.
“They later bought me another Mercedes Benz worth S$400,000,” he said. He also has a Honda car, which he uses to bring his dog for its grooming sessions.
According to the article, his father owns a legal firm and has several investments in China, while his Chinese national mother still works as a senior engineer.
Ah Long, who has a passion for pens and handphones, has purchased at least eight handphones over the last three years, with the most expensive being a Nokia Vertu worth S$12,000.
He also bought six Montblanc pens worth between S$600 and S$2,000.
According to Ah Long, he wants to be a “frontliner” in a hotel, and would “love to experience different things.”
He also gives S$200 in monthly donations to a children’s foundation and several charitable organisations.