Rebirth: The Era of Hong Kong Tycoon

Chapter 263 [Family]

In July, Lin Qingxia gave birth to a daughter for Lin Rongheng in the United States.

After returning to the villa from the hospital, Brigitte Lin complained: "Having suffered so much, I still haven't earned 5 million Hong Kong dollars!"

Lin Rongheng was taken aback for a moment, and quickly said: "How could you have such an idea! 5 million Hong Kong dollars will be given to you in the future, and our family is short of a princess now! Besides, we are both so young, we can have another life!"

Brigitte Lin gave Lin Rongheng a blank look, and said coquettishly, "I'm just trying to test you, hmph, you have a conscience! Follow you without a name, if you show me face again, I won't obey!"

5 million Hong Kong dollars is not too much, if a woman runs away with 5 million Hong Kong dollars, Lin Rongheng will be happy, so at least he will not lose the next 500 billion; Brothers fight against each other, and the grievances of wealthy brothers are really nothing.

Lin Rongheng seemed to think of something, and said, "Didn't you tell me that you have a sister in the Mainland? I asked someone to find it!" There is another clue - HLJ Jidong County.

Brigitte Lin was really overjoyed, and said happily: "Really? Where are they? Did you tell my parents?"

Lin Rongheng nodded and said: "We should have been in touch, and we can exchange letters! Your sister is not in Henan, Shandong, and Hebei, but in HLJ. Your uncle's family moved to HLJ a long time ago, and then your sister Marry another HLJ intellectual"

Brigitte Lin was in a happy mood, and quickly asked: "Then, do my parents have a better impression of you?"

Lin Rongheng shook his head and said: "How can it be possible to have a good impression? After eating a meal that was not painful, he said that he would come to see you in a few days! But don't worry, now that our children are all out, they will have to recognize the reality sooner or later. ,face the reality"

Brigitte Lin gave Lin Rongheng a blank look, and said coquettishly: "What a mess, it's like my parents are your defeat! But if you find my sister, they will definitely have a better impression of you!"

Lin Rongheng didn't care at all, whether it was with Zhao Yazhi's parents or Brigitte Lin Qingxia's parents, Lin Rongheng had always been very imposing, and he was willing to bow his head and lose his prestige of a tycoon.

California.

The headquarters of Korn Ferry International welcomed a rich man in Asia, and Cohen, the president of Korn Ferry International, personally received Lin Rongheng.

Before the meeting, Cohen deliberately collected Lin Rongheng's information, and quickly became serious about it. This is a super rich man and a young rich man with unlimited potential.

It is a miracle in the United States that a self-made man under the age of 29 has a net worth of more than US$10 billion.

After some introduction, Lin Rongheng sat on Cohen's sofa.

Cohen said: "Mr. Lin's company needs to enter the international field, so it needs a group of senior talents?"

Lin Rongheng shook his head with a smile, and then said calmly: "I am not a talent in the business field. I want to set up a top family office, and I need your company to network for me top talents in this field!"

Cohen was surprised. I'm afraid this person doesn't know the annual operating expenses of the top family office, right?

"Forgive me for a small reminder. The annual operating expenses of family offices are at least 500 million US dollars, so more rich people prefer to set up family funds and leave them to a professional team to manage!"

Faced with Cohen's contempt, Lin Rongheng didn't feel much, after all, few people knew his specific wealth.

Lin Rongheng said: "Of course I know this, but Mr. Cohen can rest assured that the initial investment capital of my family office is at least 5 million U.S. dollars. I am willing to form a family office with an annual operating fee of more than 1000 million U.S. dollars!"

Seeing that Lin Rongheng is so confident, and that 5 million US dollars is a lot of money, Cohen said generously: "That's good! Let's discuss the specific talent needs."

The two discussed a lot. For the family office, Lin Rongheng has done a lot of homework. This time, he needs half of the talents from the Korn Ferry network; as for the other half, some will be promoted from Hong Kong, and some will go to Europe to search.

So far, there are two types of family offices in the world:
Single-family office (sfo), sfo is an exclusive family office for ultra-high-net-worth families, responsible for only one family, and the cost is relatively high;

Multiple family offices (mfo), mfo is responsible for the wealth management of multiple families, most of which are commercial banks, trust banks, and family offices, mainly focusing on wealth appreciation.

The family office that Lin Rongheng wants to set up naturally belongs to the sfo, and it is an sfo with all-round management. It is expected to recruit 50 world-class senior talents and about 50 administrative talents; this level of family office is second to none in the world countable!
The Lin Family Office will have a CEO, and the CEO will be divided into six major departments: investment management, estate planning, tax planning, trust services, family governance, and administrative services.

The responsibilities of the investment management department are: investment projects, asset allocation, manager selection, investment performance monitoring.
The responsibilities of the estate planning part are: trust management, formulation of trust plans, fund management, and physical asset management.
The duties of the tax planning department are: formulating tax plans, coordinating tax documents, and reasonable tax avoidance.
The responsibilities of the trust service department are: Acting legal person trustee, individual trustee support
The responsibilities of the family governance department are: wealth vision and goals, planning family members' educational programs, family meetings, philanthropic planning.
The duties of the administrative services department are: legal matters, travel planning, shopping planning, butler service, document management, transfer payments, cash flow and budget management, risk management.
To put it simply, the Lin family office is equivalent to a complete set of Lin's subsidiary organizations. The family office can help with whatever the family members want to do. Of course, others will not do illegal things.

For example, if Lin Rongheng wants to buy a good car, then the administrative service department of the family office will quickly come up with a complete plan-go to those places to look at the car, what kind of car can show his identity, what kind of car can I like it
For example, if Lin Rongheng wants to take his lover on a trip, the administrative service department of the family office should prepare everything in advance, including the itinerary, hotel, activities, etc., all need to be taken care of.

That day, Lin Rongheng and Cohen discussed a lot, and Cohen also knew about Lin Rongheng's 'ambition'.

In July, international gold has risen to US$300 per ounce. The 100 billion Hong Kong dollar spot gold invested by Lin Rongheng is now worth 250 billion Hong Kong dollars. ounce.

Of course, Lin Rongheng must have started to sell in batches when the price was 600 US dollars per ounce, and sold them all in two months; even if two months are too late, there are still three or four months later, in short, he can make a profit this time More than 400 billion U.S. dollars, plus the cost, Lin Rongheng will withdraw more than 450 billion Hong Kong dollars, and may even be 500 billion Hong Kong dollars.

Such a huge amount of funds allowed Lin Rongheng to invest heavily in the Japanese stock market, real estate, and the US stock market at the beginning of the 80s; in ten years, Lin Rongheng could turn this fund into 5000 billion Hong Kong dollars.

Therefore, Lin Rongheng needs a strong family office.

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(End of this chapter)