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How Two Chinese Brothers Became Billionaires From $1 Bubble Teas

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January 10, 2024

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At age 21, Zhang Hongchao started peddling shaved ice treats. A quarter of a century later, he and his younger brother Hongfu have made a fortune selling soft-serve ice cream, coffee drinks and its super popular bubble tea and lemonade.

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How Two Chinese Brothers Became Billionaires From $1 Bubble Teas · Forbes · Sentinel