Check put this interesting article about China’s other “The Eight Immortals” – Deng Xiaoping, Chen Yun, Yang Shangkun, Wang Zhen, Bo Yibo, Li Xiannian, Peng Zhen and Song Renqiong – were founding fathers of Communist China who later orchestrated its opening up to the world in 1978.

In the 1980s, their descendants were chosen to run the new state-owned conglomerates. In the 1990s, they tapped into real estate and the mainland’s growing hunger for coal and steel.

Today they are players in private equity amid China’s integration into the global economy