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For Taiwanese people, who is the most memorable "nouveau riche"?

Today we're introducing two gentlemen who rose to prominence in Taiwan during that era of rapid wealth accumulation. In the 1990s, their ostentatious displays of wealth made headlines, making them prominent figures of the time.

These two men, Tang Rirong and Huang Renzhong, were practically synonymous with the nouveau riche of the 1990s. Their rise to wealth came from completely different backgrounds, and their displays of wealth differed as well. However, they shared one thing in common: a love of beautiful women, and both were always surrounded by a group of women.

And in their later years, they both met the same fate. One died penniless, with only 7,000 yuan worth of belongings, and his family was torn apart. The other became a major tax defaulter, with several of his properties seized. Worst of all, his valuable antiques and paintings were discovered to be forgeries after being seized by the court.

These two famous Taiwanese nouveau riche were, in fact, a microcosm of the bubble economy of the 1990s. We watched them build their mansions, lavishly entertain guests, and then watch their fortunes crumble. Back then, almost every move they made, every display of wealth, became a media focus.

How exactly did they rise to wealth? How do we define the term "nouveau riche," and why were their later years so tragic?

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