Yahoo Finance Chinese heir buys Apple Watches for dog
The 27-year-old son son of China’s richest man is causing quite a stir in Shanghai after posting photos of his dog wearing two gold Apple Watches (AAPL) with the caption, “I have new watches! I'm supposed to have four watches since I have four long legs. But that seems too uncouth so I kept it down to two, which totally fits my status. Do you have one?”
The photos were uploaded to Chinese social media site Weibo, (WB) where the heir maintains a page dedicated to his dog. The posts have recieved more than 6,000 comments so far - many of which are laced with outrage and jealousy.
Apple's gold watches retail for between $10,000 and $17,000 per watch depending on specifications and currently have a 3 to 4 week wait time.
Wang Sicong is the son of Wang Jianlin who runs the real estate development company Dalian Wanda and is worth approximately $34 billion.
This isn’t the first time the younger Wang has caused an uproar. On May 1st he posted a photo of the same Husky with a Fendi bag around his neck with the caption, “My daddy said I am a sled dog and count as part of the workforce. He got me this bag as a gift for Labor Day." The dog reportedly lives a lavish lifestyle. According to Chinese news agencies, he only drinks Fiji water and is walked with Hermes leashes.
Sicong Wang also upset Chinese press on Valentine’s Day when he remarked that his potential girlfriends were required to be buxom. The comments caused Chinese state-run news agency, Xinhua, to write a 1300 word column condemning them.
Wang's father who also owns movie-theatre chain AMC, blamed his son’s Western education on his faux pas saying that he had not yet learned Chinese subtlety.
Sicong Wang currently owns 2% of Dalian Wanda.
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