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eGirl Daily

19-Year-Old Spends $2.5M of Family Funds on Streamers, Ruins Dad’s Business

A Chinese student blew through 17 million yuan from her family company to top livestream donations and became a chatroom queen

by Sofia Reyes
June 14, 2026
Reading Time: 2 mins read
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The tragic ending wasn’t admiration but legal trouble and a father’s bitter tears.

From beloved daughter to family’s downfall

The shocking case is rocking Zhengzhou, Henan, China, where Mr. Zhu, owner of a frozen beef business, painfully turned his 20-year-old daughter, Xiao Zhu, over to the police.

Translated image
Translated image

It all started with blind trust. After Xiao Zhu dropped out of school, her father put her in charge of accounting at the family company. But instead of managing finances, she found a new passion: becoming the top donor in male streamers’ livestream rooms and hunting blind boxes.

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A $2.5 million thirst for fake online power

Bank statements from July 2024 through the end of 2025 reveal a staggering truth. In just over a year, Xiao Zhu burned through 17 million yuan (over 60 billion VND). Her spending was so wild even the streamers took notice:

Burning cash like it’s nothing: Some days she made over 30 transactions. At one point, she blew nearly 600 million VND in just a few hours.

Special ties with male streamers: Xiao Zhu didn’t just donate blindly. She kept close daily chats with the streamers. When they faced sales targets, they turned to her for help, and she didn’t hesitate to splash company funds to keep up appearances.

Illustration image
Illustration image

Dangerous indulgence and unbelievable attitude

The tragedy lies in Mr. Zhu’s background as a hardworking, low-education manual laborer who spoiled his daughter. When he first noticed missing 500 to 600 million VND, he only warned her and let her keep managing the books. It wasn’t until he needed money for a big shipment that he realized his life’s savings had vanished.

What outraged the public most was Xiao Zhu’s attitude. Even with the family on the brink of ruin, she refused to stop watching livestreams. When the family tried to get the platform to refund the money, she opposed it, insisting the donations were voluntary.

A warning for the age of online power obsession

Mr. Zhu admits his poor financial oversight played a role, but the real danger is the declining awareness among young people caught up in the fake glamour of livestreams.

He shared bitterly: “I have no way left to teach my daughter. I just hope the law will wake her up.” This case is not only a lesson in family business management but a wake-up call about the dark side of livestream platforms, where psychological manipulation drains vulnerable young people every day.

Tags: family dramagaminglivestreamscandalstreamer

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