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He's also the president of roosevelt china investments, a very old company with a long history doing business here. created by the roosevelt family, maybe you've heard of them. this is his clubhouse, really. the house of roosevelt right in the middle of it all. wine is big here now. the french chateaus, more and more look to china as the indicator of price, as the market maker. tim alone has stocked more than 4,000 labels here. china in general bought 2 billion bottles of red wine last year alone. think about that for a minute. they are now the leading market for red wine in the world. >> it's...

Expanding service industries of the new china. he's also the president of roosevelt china investments, a very old company with a long history doing business here. created by the roosevelt family, maybe you've heard of them. this is his clubhouse, really. the house of roosevelt right in the middle of it all. wine is big here now. the french chateaus, more and more look to china as the indicator of price, as the market maker. tim alone has stocked more than 4,000 labels here. china in general bought 2 billion bottles of red wine last year alone. think about that for a minute. they are now the le...

To be rich is glorious. all isms are wasims. dig deep, and it's an always about the money. meet tim sei, man of communist china, man of impeccable taste, one. >> take the seawater out. replace with champagne. have it only once, company like it. >> he likes nice things, and he makes donald trump's empire look like the back of pauley d.'s van. >> where are these from? they're great. >> france. >> they're in good shape. >> probably kept them happy. flying in jet with seat belt, so they're nice and happy and safe. >> apparently. >> tim is an investor into real estate, telecoms and the newly expand...

>> hi. >> tim has invited me to dinner alongside a few people who have taken full advantage of the booming economy in china. there's eva wang, an architect and designer. daniel zhung a real estate developer and coco shu, a party planner. >> do you eat like this all the time? nice wine cellar? >> twice a night. today we're surrounded by southern french wine and northern italian wine. >> mm-hm. >> and you like you can eat in different district of wine country every night. >> isn't this supposed to be communist china? i mean, it seems like -- >> anyone communist party, comrades party member? >> n...

>> nothing nothing. >> not for nothin'. >> enough for nothing. >> not -- all right. >> shanghai chef jackie shu prepares a meal of a style that will become more and more in demand among those who can afford it. and more and more people every day can afford it. >> what is it? >> so we have tomato and potato and that's it. >> australian wagyu beef, a massive, perfectly cooked tomahawk chop. coming in the door at up to $150,000 a pound. that includes bones and fat. this is about $1,000 worth of steak, bitches. even if tim wanted to serve good old usa beef, still the finest on earth in my opinion,...