Photos: Chinese Billionaire Builds Luxury Homes For His Village To Live In.

A millionaire Chinese businessman has bulldozed the wooden huts and muddy roads where he grew up – and built luxury homes for the people who lived there.

Xiong Shuihua was born in Xiongkeng village in the city of Xinyu, southern China and said that his family had always been well looked after and supported by residents in his childhood.

So when the 54-year-old ended up making millions in the steel industry he decided to repay the favour – for free.

Pic shows: The luxury accomodation built by multimillionaire former resident Xiong Shuihua for everyone in the village.

Pic shows: The picture shows the entrance of the luxury apartment.

Pic shows: The multimillionaire former resident Xiong Shuihua (left) built luxury house for everyone in the village.

Pic shows: One of the 72 families who were given large luxury flats in the new housing complex that a millionaire created.

Pic shows: The other sides of the building

The multimillionaire made his money first of all in the construction industry and later by getting involved in the steel trade.

He said: ‘I earned more money than I knew what to do with, and I didn’t want to forget my roots.

‘I always pay my debts, and wanted to make sure the people who helped me when I was younger and my family were paid back.’

Elderly local Qiong Chu, 75, said: ‘I remember his parents. They were kind-hearted people who cared very much for others, and it’s great that their son has inherited that kindness.’

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