China has launched the world’s first commercial 10-Gigabit (10G) broadband network in Sunan County, Hebei Province, with a significant deployment in Xiong’an New Area, a high-tech city being developed as a smart metropolis. The initiative, a collaboration between Huawei and state-owned China Unicom, went live on 20 April 2025.
You really don’t need to be a billionaire to afford crazy internet speeds (if you want them). You can get a 100G port from pretty much any ISP for ~$8k/mo, or even cheaper if you are willing to have a bandwidth cap. Then assuming you really want it, you’d have to pay to get the fiber laid to your home, which can be a few hundred thousand dollars depending on how far away you are. Of course this is ridiculous for home internet, but it is within reach for people that are way poorer then billionaires.