Zing Tsjeng
speaker
5,630 appearances
21 recordings
9 series
first heard May 2026
last heard 6d ago
Zing Tsjeng’s voice in public audio — every appearance, attributed to the second.
Trend
recordings per month · last 12 monthsRecordings per month over the last 12 months — 21 in all, peaking in Jun 2026 with 11.
Appearances
They knew they were about to share the Temer tape.
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So it's alleged that in the weeks before, the brothers got ahead of this and sold $90 million worth of JBS stock, thereby avoiding, of course, the 30% fall in the company's share price.
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Now that would be considered insider trading.
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So Wesley was also arrested just three days after his younger brother.
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Add together the alleged insider trading, the accidental tape which seemed to show obstruction of justice, and the brother spent about six months in jail in a Sao Paulo detention centre before being released into house arrest.
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Like many others charged under Operation Car Wash, the case remained unresolved for years.
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So a bit of time inside didn't seem to harm their business prospects.
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So they're billionaires.
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Let's go beyond a billion.
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For a few years, the brothers were banned from holding management positions at the holding company of JBS.
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But COVID intervened and changed all of that.
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In 2020, a Brazilian judge lifted the ban.
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It was seen as essential the brothers returned during the pandemic, given that JBS supplied 25% of Brazil's food market and employed 260,000 workers by this point.
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So they're too valuable to leave out of the boardroom.
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Then in 2023, the Brazilian Securities and Exchange Commission, this is the financial police, acquitted the brothers of charges of insider trading.
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And in 2024, they officially rejoined the board of JBS, still to this day, the world's largest meat company.
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It's got more than $77 billion in annual revenue, $2 billion in net income, with a presence of nearly every country in the world.
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So fascinating they've benefited in the first place from the desire to eat more meat and more protein in the developing world, particularly in China.
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So they rode that wave.
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Now they're raiding a different wave, which is that if you are going to eat, make it protein dense as weight loss drugs become more prevalent and diets change.
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Showing 881–900 of 5,630 · page 45 of 282
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