Back in 2014, Wang Sicong said Bitcoin was just a scam for fools, claiming anyone who bought it was a fool too.

Fast forward 12 years, Bitcoin has skyrocketed from a few hundred bucks to over 60k, more than a hundred times its value. Meanwhile, he went from being the rich kid to a washed-up middle-aged guy. His dad, Wang Jianlin, probably burned through that 500 million he gave him, and at 38, he's still single. If it weren't for his dad's backing, we could pretty much bet he’d end up an old bachelor.