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Red Roulette
An Insider's Story of Wealth, Power, Corruption and Vengeance in Today's China
By: Desmond Shum
Paperback | 15 September 2021
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After the Communist Revolution, Desmond Shum’s grandfather, a lawyer, had one chance to leave China, and instead chose to stay. The government shut down his law firm and seized his house. Officials marked his family as belonging to a 'black category' that included former landlords and rich peasants, meaning the Shums would be stigmatised and impoverished. As Desmond was growing up, he vowed his life would be different.
Through hard work and sheer tenacity Shum went to college in America and returned to China to make his name in business. There, he met his future wife, the highly intelligent and equally ambitious Whitney Duan. Whitney and Desmond formed an effective team and, powered by a set of relationships they formed with top members of the Red Aristocracy , vaulted into China’s billionaire class . Soon they were developing the massive air cargo facility at Beijing International Airport, and they followed that by developing one of Beijing’s premier hotels. They were dazzlingly successful, travelling in private jets, funding multi-million-dollar buildings and endowments, and purchasing expensive homes, vehicles and artwork.
But in 2017, their fates diverged irrevocably when Desmond, while residing overseas with his son, learned that his now ex-wife Whitney had been disappeared - consigned to some unknown fate - along with three co-workers.
In Red Roulette Desmond Shum pulls back the curtain on China’s ruling elite and tells the story of a remarkable woman who rose to prominence in a strongly patriarchal society. Written from a desire to reveal the real truth of what is happening inside China’s wealth-making machine, this eye-opening tale features a memorable cast of real-life characters.
About the Author
Desmond Shum, who was born in Shanghai and raised in Hong Kong, developed the largest air cargo logistics facility in China, the Beijing Airport Cargo Terminal. He also led the development of the Bulgari Hotel in Beijing. In addition, starting in the early 2000s, he was an early pioneer of philanthropy in China, gifting extensively both domestically and internationally. Desmond holds a Bachelor's degree in Finance and Accounting from the University of Wisconsin-Madison in the United States, and is a graduate of the joint-EMBA program of Northwestern University (US) and the Hong Kong University of Science and Technology.
Industry Reviews
ISBN: 9781398510371
ISBN-10: 1398510378
Published: 15th September 2021
Format: Paperback
Language: English
Number of Pages: 320
Audience: General Adult
Publisher: Simon & Schuster UK
Dimensions (cm): 23.5 x 15.5 x 1.5
Weight (kg): 0.38
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