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19-year-old student sets up will, leaves 28 crore fortune to childhood friend instead of family

The teenager recently had his will officially notarised at the China Will Registration Centre in Shanghai.

Published on: Jul 12, 2026, 17:57:48 IST
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A 19-year-old student in China has sparked discussion on Chinese social media after drawing up a legally notarised will that leaves his entire fortune, worth around 20 million yuan (approximately 28 crore), to his childhood friend instead of his family.

Li’s decision sparked mixed reactions on Chinese social media. (Unsplash/Representational image)
Li’s decision sparked mixed reactions on Chinese social media. (Unsplash/Representational image)

According to a report published in South China Morning Post (SCMP), the teenager, identified only by his surname Li, recently had his will officially notarised at the China Will Registration Centre in Shanghai. His estate includes an apartment and savings that he said were given to him by his parents following their divorce and subsequent remarriages.

Why did he leave everything to a friend?

Explaining his decision, Li said that he had grown emotionally distant from his parents after their divorce. Although they gave him the property, he claimed that they spent little time with him while he was growing up.

An enthusiast of extreme sports, Li said that he was aware of the risks involved in his hobbies and wanted to ensure his assets would go to someone he trusted if anything happened to him.

(Also Read: Bengaluru-based American techie says he never would've made it as a student in India: 'Look at the competition')

What does Chinese law say?

Under China's Law of Succession, a person's spouse, children and parents are the first legal heirs. If Li were to die without a will, his parents could inherit his estate, and their spouses could also gain rights over or eventually inherit the property.

However, Chinese law also allows individuals to bequeath their assets to people outside their statutory heirs through a valid will.

According to Huang Haibo, manager of the Shanghai office of the China Will Registration Centre, Li's childhood friend will have to formally accept the inheritance within 60 days of Li's death. Failing to do so would be treated as giving up the inheritance.

Li's case has also drawn attention to a growing trend in China, where more young people are planning their estates. Data from the China Will Registration Centre shows that the average age of people registering wills has dropped from 77 to 67 over the years. Officials say an increasing number of people born in the 1980s, 1990s and 2000s are now making wills, reflecting changing attitudes toward inheritance and financial planning.

(Also Read: Student explains what truly makes IIT special: 'It's not the course, professors or academics')

Internet divided

Li's decision sparked mixed reactions on social media, with some defending his right to decide who inherits his wealth, while others questioned his choice.

One user wrote, "He felt distant to his parents but they still gave him 20 million yuan. I don't see any problems in his parents inheriting his property."

"Maybe he'll change his mind in the future. He is still too young to make such a big decision," said another.

"I wish I had a friend like this," wrote a third user.

 
ABOUT THE AUTHOR
Bhavya Sukheja

Bhavya Sukheja is a Senior Content Producer at Hindustan Times with over 6 years of experience in digital journalism. She specialises in covering stories that reflect everyday human experiences, with a focus on viral videos, social media trends, and human-interest features that inform readers while sparking meaningful conversations. She loves chasing page views and finding stories that tug at readers’ heartstrings. Known for her strong news sense, Bhavya has a keen ability to spot emerging trends and craft angles that transform viral moments into impactful narratives. Her coverage spans pop culture, entertainment, global affairs, and the internet’s most talked-about topics, helping readers better understand the context behind what is trending online. Before joining Hindustan Times, Bhavya worked with Republic World and NDTV, where she developed her skills in real-time reporting and digital storytelling. Working in fast-paced newsrooms helped her build an editorial approach that prioritises accuracy, clarity, and audience engagement. Bhavya is driven by a curiosity about how people communicate and connect in the digital age. She is particularly interested in stories that highlight cultural shifts, shared emotions, and the evolving nature of online conversations. When she is not tracking trends or producing stories, Bhavya enjoys unplugging and spending time with her cat.

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