Tycoon was supposedly for provoking Chinese traditional culture but has now come forward with an offer for anyone who can defeat the Mixed Martial Art (MMA) fighter who pummeled a Tai Chi master into submission in less than 10 seconds.

The Chinese multi-millionaire Chen Sheng offered $1.4-M (10-M Chinese Yuan) for five separate matches against Xu Xiaodong; the MMA fighter who has beaten Tai Chi master Wei Lei held in Chengdu, Sichuan province.

The video of the match has gone viral in the internet that was criticized by many for dismissing Chinese martial arts as fake.

“I crack down on fake things, because they are fake. Fake things must be eliminated. No question,” said Xu who was nicknamed “Madman” by his fans and once trained in kung fu free combat.

Xu became even more popular after challenging Chinese martial artist and even bragged to fight two or three fighters at the same time.

This challenged was accepted by several fighters like tai chi masters Lu Xing and Wang Zhanhai; Shaolin Chinese boxer Li Shangxian, and Yi Long, a monk and renowned martial artist.

“I want him to understand, he used this kind of extreme method to provoke Chinese traditional culture, and will need to pay the price,” Chen said of Xu. “From what I can see, Chinese martial arts has a long history.”

Also, a wealthy tycoon added, “Tai chi is used more for exercise and self-cultivation. Many of my friends practice it, and China has millions of tai chi aficionados. Are they saying all of this is false?”