How much wealth did Mao Zedong have?

Answer 1

Mao Zedong, the founding father of the People's Republic of China, did not accumulate personal wealth in the traditional sense. His ideology emphasized collective ownership and the redistribution of wealth, leading to the nationalization of resources and industries. While Mao lived a relatively austere life compared to many world leaders, he did have access to state resources and privileges that came with his position. Estimates of his personal wealth are difficult to quantify, as it was intertwined with the state's assets.