this post was submitted on 30 Apr 2026
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[–] xia@lemmy.ca 4 points 11 hours ago

...when you start measuring cash in tons.

[–] bennieandthez@lemmygrad.ml 7 points 16 hours ago

In the west you get a raise!

[–] crusa187@lemmy.ml 29 points 1 day ago (1 children)

Love to see it.

That is a stunning level of corruption when you’re measuring the gold and cash in tons instead of its capital value. Yikes.

[–] pineapple@lemmy.ml 14 points 1 day ago

It's easy to forget how much money a billion is when we hear the word billionair all the time. But when someone says 13 tons of gold and 23 tons of cash I'm like damn that is way too much for any 1 individual.

[–] davel@lemmy.ml 21 points 1 day ago

China is authoritarian. When you’re a capitalist.

[–] rockSlayer@lemmy.blahaj.zone 13 points 1 day ago

Jesus tapdancing christ, the gold alone is valued at $1.8 Billion (€1.6B)

[–] Geobloke@aussie.zone 7 points 1 day ago (1 children)

No one questioning how you can keep 13 tonnes of an incredibly dense object in an apartment? I mean ffs, even putting a roof top garden in needs to be done at the drawing board stage

[–] HiddenLayer555@lemmy.ml 13 points 1 day ago* (last edited 1 day ago) (2 children)

how you can keep 13[.5] tonnes of an incredibly dense object in an apartment

Gold's density is 19320 kg/m^3^

13500 kg / 19320 kg/m^3^ = 0.6988 m^3^

Rounding up to 1 m^3^ since gold bars don't stack perfectly.

So basically a closet can store it all. And people like this tend not to give a shit about or even be aware of silly things like "safety" or "structural load" so I wouldn't be surprised if the building's fucked from this.

Edit: Actually I got curious so let's calculate some more.

According to this website, concrete can have a compressive strength of anywhere from 5 MPa to 60 MPa. I don't know what they make apartments out of but let's go middle of the road and say 30 MPa, which is the first category where you need a design mix (mix, let cure, and test, presumably) and not a hard and fast ratio.

Assuming the gold is stacked at 1m by 1m by 1m (so it has a 1 m^2^ base).

An online converter tells me that 13500 kg is 132389.802 N, or 0.1324 MN. Pa is N per m^2^ so it would be 0.1324 MPa, a small fraction of the concrete's rated load by my non-physicist non-engineer guess.

Obviously most of the load of the concrete is taken up by the building itself, so I don't know how much load in the apartment it can tolerate, and this also assumes the gold pile is resting directly on a vertical beam and not on a horizontal beam without anything underneath. But from the looks of it (again, not an engineer), it wouldn't be nearly enough to immediately collapse the building, just eat away at the safety margins and reduce the building's lifespan.

[–] jdr@lemmy.ml 3 points 20 hours ago

You don't need an online converter to multiply by 10.

(g is more like 9.81m/s² but accuracy is for nerds)

[–] xthexder@l.sw0.com 1 points 16 hours ago

Unless they're on the ground floor, there's a lot more to consider than just the compressive strength of concrete. If the gold is sitting on a concrete beam, it bends, causing the bottom to be in tension, while the top is in compression. Concrete has really terrible tensile strength, so rebar is installed to keep it together. The load limit of a concrete beam will be significantly less than that of a solid concrete pillar, and depends on the engineering design.

[–] EstraDoll@hexbear.net 8 points 1 day ago (1 children)

how many apartments do you need to store 40 tons of gold and cash?

[–] marxismtomorrow@lemmy.today 4 points 1 day ago

If this were 'murica, just 2 two bedoom apartments. But it'd have to be uniformly distributed.

spoiler40 tons = 80,000 pounds 80,000 pounds / 40 pounds per sq ft = 2,000sqft

[–] yellowfattybean@hexbear.net 7 points 1 day ago

Since it's been a whole week since the last time this was posted, this was one of those deferred death sentences iirc

[–] Sibshops@lemmy.myserv.one -2 points 1 day ago (4 children)

Eh, jail is fine enough. Death penalty seems excessive.

[–] sharkfucker420@lemmy.ml 23 points 1 day ago* (last edited 1 day ago) (1 children)

Idk, that money is representative of peoples lives. He effectively stole millions of hours of human life for himself. People willing to do that are the incredibly deplorable imo. I do disagree with the death penalty on principle but I am not gonna wring my hands about this guy.

His death penalty was deferred according to someone in this comment section if that brings you comfort.

[–] davel@lemmy.ml 13 points 1 day ago* (last edited 1 day ago)

I don’t know what his sentence was, but death sentences in China are almost always “with reprieve.”

[–] CommanderCloon@lemmy.ml 10 points 1 day ago

Chinese death sentences are usually imprisonment unless a new crime is commited, and generally reserved for corruption & other crimes where people nuke trust in public institutions for personal gain

[–] HiddenLayer555@lemmy.ml 9 points 1 day ago

Feeding this piece of shit is a further theft of public resources.

[–] malle_yeno@pawb.social 8 points 1 day ago

I think how it generally goes in China is that a suspended sentence on the death penalty means life imprisonment in the absence of any new crimes. So he might only serve jail time. But I don't have a serious source on that so don't commit crime in China based on my advice.

(besides that though, I always find it odd how people draw the line at what punishments are acceptable for criminals. Why is locking him in a box forever fine but killing him is excessive? Unless there's a concern of false conviction and a possibility of getting the ruling overturned, life imprisonment doesn't seem like it's the more ethical option.)