Core Viewpoint - The article reveals the extravagant lifestyle of Xia Haijun, the former president of Evergrande, who has been living in luxury in California after the company's financial collapse, sparking public outrage over the stark contrast between his wealth and the struggles of ordinary people affected by the company's downfall [1][3]. Group 1: Xia Haijun's Wealth and Lifestyle - Xia Haijun is living in Irvine, California, owning at least three luxury properties valued over $24 million, equivalent to approximately 170 million RMB [3]. - His properties include a 300 square meter home purchased for $1.2 million, now worth $3.2 million, a $6 million property bought in April 2022, and a $14.5 million estate acquired through a trust [3]. - His garage features multiple luxury vehicles, including three Teslas and a Mercedes SUV, indicating a lavish spending pattern [3]. Group 2: Source of Wealth - Xia Haijun accumulated significant wealth during his 12 years at Evergrande, earning approximately 1.855 billion RMB from salary, bonuses, stock dividends, and service fees from related companies [5]. - Notably, he charged over 50 million RMB annually for financial advisory services through an offshore company, showcasing a potential conflict of interest [5]. Group 3: Asset Concealment and Legal Issues - Prior to Evergrande's collapse, Xia sold $128 million in Evergrande bonds, cashing out $56.52 million, indicating a premeditated exit strategy [7]. - He has been accused of asset concealment, only declaring three properties in Hong Kong while hiding other assets, leading to legal actions against him [7]. - The Hong Kong court has frozen assets under his wife's name, and cross-border recovery procedures have been initiated by mainland judicial authorities [7]. Group 4: Public Reaction and Social Implications - The stark contrast between Xia's luxurious lifestyle and the plight of Evergrande's creditors, including homebuyers and construction workers, has triggered public anger and highlighted social injustice [7]. - Xia's actions serve as a cautionary tale about the consequences of unethical financial practices, suggesting that ill-gotten gains may eventually be reclaimed [9].