Wolf of Xiangjiang

In March 2012, Hong Kong-listed companies released their performance announcements one after another, with the most eye-catching of course being the Taifook Group.

At the same time, Taifook Infrastructure Group announced that Lin Wencheng was added as a group director, which also attracted much attention because everyone knows that this is part of the inheritance of the second generation of the Lin family.

As a result, the three second generations of the Lin family have come to the fore:

The eldest, Lam Man Tung (1981), was already the deputy managing director of Taifook Group, ranking among the 'big three' (Tong Yan-kin, Ho Fong-tong, Lam Man Tung);
The second son, Lam Man Leung (1984), was already an executive director of the Wheelock Group and became Yuen Tin-fan’s assistant, as well as their master and apprentice.

The third brother, Lin Wencheng (1987), has just been elected as a director of Taifook Infrastructure Group and has just been promoted to senior management.

Hong Kong media and business people have speculated on how Lam intends to "divide the family business". It is understandable that the three sons each run a business, but Taifook Infrastructure Group and Wheelock Holdings Group are, after all, subsidiaries of Taifook Group.

According to the current layout, everyone has always believed that the "three direct descendants" will not split up, but will just take charge of a company each.

That's pretty scary too!

Today, the market value of Taifook Group is HK$1.15 trillion, that of Wheelock is HK$5500 billion, and that of Taifook Infrastructure Group is HK$2000 billion, with the total market value of the entire group being HK$2 trillion.

Although Forbes only counts the stake in Taifook Group (49%) when calculating his wealth, Lin Zhengjie is still the world's richest man.

This year, Lin Zhengjie was elected for the twelfth consecutive year with a huge fortune of 820 billion US dollars, and became the "world's richest man" for the 130th year. He is billion US dollars higher than the second place "Mexican telecommunications tycoon".

If he continues like this, he may lose the title of 'world's richest man'.

In fact, Taifook Group's performance can be sustainably stable because its industries are more integrated.

To make an analogy:

In the food and beverage business, Taian’s annual net profit can reach more than 60 billion (Master Kong, Nongfu Spring, Wang Laoji and other brands);

In the field of clothing and sports, CRIT Group's annual profit is as high as 40 billion (fast-selling clothing, sports brands, leisure brands, etc.);
The performance of the media group is steadily exceeding tens of billions. Although the profits from "brokerage entertainment" have decreased in recent years, the continued growth of the comics industry and the game industry, as well as the copyright income from previous television and movies, have made the media group a giant in the world's entertainment industry. It has even extended its tentacles to Hollywood and invested in several blockbusters.

Therefore, with the profit from comprehensive business alone reaching 200 billion, one can imagine the strength of Taifook Group.

You know, Taifook Group's core strength lies in its global real estate and dividends from its two subsidiaries.

Since 2011, Lin Zhengjie no longer donated the dividends to the "Lin Zhengjie Foundation", but divided them equally among three disciples to manage.

The reason is simple. The assets of the Lin Zhengjie Foundation have exceeded 4.9 billion yuan, including a 500% stake in Tencent and some Chinese and H shares. It can be said that the Lin Zhengjie Foundation will be able to donate more than billion US dollars in the future.

That’s enough. It’s not good to be too pushy!
In the villa in Singapore, Ma Yawen, Lizhi, Gao Lihong and their children gathered together; the three girls were already acquaintances. At the beginning, Lizhi and Gao Lihong studied business with Ma Yawen; and since they were in the same Asia region, their children had a good relationship with each other.

This year, Lizhi's eldest daughter and Gao Lihong's eldest son will also graduate from college and join the family.

Lizhi smiled and said, "Sister Yawen is based in Singapore, so we both have a backbone!"

These days, Ma Yawen and Lim Boon Ngee are based in Singapore, handling matters for the Frasers Group.

Frasers Group has been delisted, but it is expected that Frasers Property will be packaged and listed in the future to become the listed company of Second Housing. At the same time, Frasers Group will serve as the flagship of Second Housing in developing global real estate and promote sustainable development.

Ma Yawen looked at Lin Wenhao and said, "Grab, the company developed by Wenhao, is the first technology company among his brothers and sisters. I am very optimistic about its prospects!"

Lin Wenhao quickly said: “Mother Yawen, I was actually inspired by my father, and this company is still a start-up, so I dare not say that it is doing well!”

Lin Zhengjie said: "As a technology company, don't be modest. Tell us about Grab's progress!"

Lin Wenhao immediately reported back in a serious tone: "At present, Grab has already completed the 'private car (luxury car)' taxi service and group purchase food delivery business in Singapore, and many venture capital funds have expressed their willingness to invest. In addition, the user growth of our mobile payment is good."

Lin Zhengjie nodded after listening to this. He was not unfamiliar with the Internet, so there was no problem in supporting his son's entrepreneurship.

Grab launched its "private car service" in Singapore in September 2010, one month earlier than Uber in the United States; however, Grab is positioned in Southeast Asia, so it has not expanded to Europe, Hong Kong and the Mainland.

But in the later stage, Grab may invest in Didi Chuxing in the mainland. Grab is more creative than Uber in that it has launched group buying and food delivery services, and has also developed mobile payment.

Lin Zhengjie said: "Don't rush to accept venture capital. In the next three years, we will expand to other cities in Southeast Asia. When the valuation reaches 15 billion US dollars, we can openly accept venture capital. Of course, our family has no shortage of funds, and we are only releasing some shares symbolically."

Grab has already spent one million US dollars since its founding. After all, it takes a lot of money to develop private cars, group buying, food delivery, and mobile payment. So at the beginning, Li Zhi and Gao Lihong were the investors.

Another one is the "venture capital company" established by Lin Qingxia's eldest son Lin Wenyue, which has invested in Uber (with a smaller stake, invested by many companies together); at the same time, Lin Wenyue also invested in ZOOM, with a larger stake.

This is how the Lin Zhengjie family performs when investing in emerging technology companies!
Lin Zhengjie had previously invested in Alibaba and Tencent, but in order to conceal his investment, he cashed out his money. Especially Tencent's stock, Lin Zhengjie also learned from Li Zekai in his previous life, but cashed out a lot of it from the secondary market, but the Lin Zhengjie Foundation bought another 4.9% of Tencent's stock.

At this time, Maya Wen asked: "How did you arrange the two little ones who graduated this year?"

Lin Zhengjie smiled and said, "I'm not omnipotent. Let them choose for themselves. Of course, Hengfeng Financial Group is always open to everyone. Or they can go to a private investment company. If they want to start a business, then use your own money and don't ask your family for it!"

The family office gives each member NT$3600 million a year, which is enough for young people to start their own businesses. Lin Wenhao said quickly: "I have invited Wenhui (Gao Lihong's eldest son) to join Grab, and he has agreed to join."

The elders were naturally very happy that their children were so united. Lin Zhengjie nodded and said, "It's good that you can communicate!"

Gao Lihong is one of the investors of Grab, so it is reasonable for Wenhui to join.

At this time, Lin Wenyi asked: "Father, in the next two years I plan to use the F&L Group to continue investing in the mainland!"

Lin Zhengjie said directly: "You decide, but Frasers Group focuses on steady development, and the mainland must be developed or sold before 2019."

It's still possible if you can earn a little more!

"Ok"

In his previous life, Li Jiacheng started cashing out in 2013, and it is estimated that it will be the same in this life; considering that he does not want to be the first person to cash out a large amount, Lin Zhengjie plans to start cashing out in 2015.

After all, he does not need to withdraw completely, and many of the projects themselves are planned until 2019 (residential projects).

In the evening, Lin Zhengjie was lucky, as two big ~ meat ~ eggs, Ma Yawen and Li Zhi, plus the foreign girl Gao Lihong, dressed up in office OL clothes and had a COSPLAY performance!

7 month.

The Lam Ching Kit family held a family gathering at the 'NINE PEAKS' luxury villa complex at 12 Mount Kellett Road, The Peak, Hong Kong.

In the past, after Sun Hung Kai Properties acquired 12 Mount Kellett Road, The Peak, Hong Kong, it built twelve houses (villas) and named them TWELVE PEAKS.

This time, Taifu Group spent 18 billion to buy the property at the end of 2004. After the purchase, Taifu Group reduced the plan to build three buildings and only built nine villas according to Lin Zhengjie's instructions. The extra space was used to build a public swimming pool and tennis court.

As for why nine villas were built?

In addition to Lin Zhengjie's preference for the number '9', the nine western-style buildings can give outsiders a feeling that this is a project invested by the Taifook Group, rather than a villa of Lin Zhengjie's family.

In fact, in order to maintain a certain mystery, Lin Zhengjie simply did not purchase the property, but instead used the property on a long-term lease, paying rent to the Taifook Group.

It was built as early as 2011, but it was only officially used as a venue for "family gatherings" this year (2012).

The gathering of Lin Zhengjie's family included a total of 36 branches, 29 second-generation Lin Zhengjie family members (7 sons and 6 daughters), and third-generation Lin Zhengjie family members (four sons and two daughters).

Most of the second generation of Lin Zhengjie's family have reached adulthood, and nearly half have started working.

NINE PEAKS has a special banquet hall. Lin Zhengjie couldn't help but feel very happy when he saw his children and grandchildren.

The children communicated with each other without any sense of distance, which made the new daughters-in-law marvel at the unity of the 'Lin Zhengjie family'. They will also completely integrate into the 'Lin Zhengjie family' through such gatherings.

Lin Zhengjie glanced at his children one by one, thinking about their development in his mind:
In Canada's two-room

Wang Zuxian's eldest daughter Lin Yinuo has joined her mother's investment company for two years. The eldest son is still a sophomore in college and the second son is still a freshman in high school. They have all completed their studies in Canada. Lin Zhengjie does not interfere with the careers of the two sons in this family. The eldest son chose the popular computer engineering.
Zhou Huimin's eldest son, Lin Wenrui, graduated this year and also joined Zhou Huimin's private investment company. He is very interested in the real estate industry. The second son has just been admitted to university and will enroll in the second half of the year. His major is actually biotechnology, which is the first attempt in the Lin family.

Among the two houses in the United States:
Lin Qingxia's eldest son, Lin Wenyue, has always been cultivated by Lin Zhengjie. He once wanted to be the heir of "Hengfeng Financial Group", but he lacked a certain "patience", so after working for two years, he joined Lin Qingxia's private investment company; but Lin Zhengjie loved Lin Wenyue and supported him to set up the "US Silicon Valley Venture Capital Fund", which has invested in Uber and ZOOM. Lin Qingxia's eldest daughter, Lin Baoer, graduated from the law major and joined a US law firm. She has been working for a year. If nothing unexpected happens, she will be recalled by the family in another year to join Hengfeng Financial Group. After all, the financial and legal industries are all CEO-level management. Lin Qingxia's youngest son will be a junior this year, majoring in business management.

Zhang Xiaohui's eldest son, Lin Wenquan, just graduated from college this year and joined Zhang Xiaohui's investment company. Zhang Xiaohui is an "investment expert". She has invested in many properties in the United States over the years (with the guidance of Lin Zhengjie), and has always insisted on investing with loans. If it weren't for Lin Zhengjie, she might have suffered heavy losses in 08, and she is still worried. The second son just got into college and studied finance. While Zhang Xiaohui is "investing wisely", she also cultivates her two sons with all her heart, and even allows her sons to start to get involved in stocks in high school. This made Lin Zhengjie very worried for a while, but he did not stop him. After changing his mind, it is difficult to lose all the assets; even if he takes a step back, the family office will give money every year. What's more, Wall Street in the United States is so famous, and Zhang Xiaohui has been living in New York, so it is normal to have such thoughts.

In a room in Australia:

Zhao Yazhi's eldest son, Lin Wenji, is 28 years old this year. He also gave birth to a daughter after marriage. Under the leadership of Lin Wenji, Zhao Yazhi's family established a group enterprise, involving many traditional industries in Australia and New Zealand (agriculture, vineyards, land, red wine, real estate, securities, etc.), and has made many achievements. Of course, the layout was completed under the guidance of Lin Zhengjie. The second son, Lin Wenrong, is also 25 years old this year. He develops his career with his brother. Brothers work together.
In the four rooms in Europe:
Li Jiaxin's eldest son, Lin Wenzhi, graduated from university this year and was arranged by Lin Zhengjie to work at the London headquarters of Barings Bank, a subsidiary of Hengfeng Financial Group. As the saying goes, love the house and love the dog. Before Lin Wenzhi was admitted to university, he had been advised by Lin Zhengjie to apply for the finance major and graduated from the Finance Department of Oxford University. He was definitely not like the son born in Li Jiaxin's previous life. Li Jiaxin's second son also followed his brother's footsteps and was admitted to Oxford University this year. Barings Bank is very famous and is still a leading financial group in Europe. It has managed assets of more than 100 billion US dollars; especially investing in Hilton Group, Merlin Entertainment Group and other companies, it has achieved great success.

Monica's eldest son, Lin Wenli, is about to enter his senior year. This summer he will intern at a brand under the Gucci Group. He is a successor who must be trained, and is one of the children that Lin Zhengjie will focus on training. The eldest daughter is also preparing to go to college, the second son is in middle school, and the youngest son is only 3 years old.

Qiu Shuzhen and Zhang Min are twin sisters and the two flowers of Wanda Pictures, so their two sons and one daughter were born in the same year and of the same gender. The eldest sons of the two daughters, Lin Wenrui and Lin Wenhua, graduated this year and joined their mothers' private investment companies. After all, the investment scope of these two private investment companies is very wide, covering properties and securities in Europe (and also holding four US stocks).

Among the five houses in Asia:
Lizhi's eldest son, Lin Wenhao, founded the future unicorn company "Grab" and became a technology person; the eldest daughter, Lin Wenwen, graduated this year and joined her mother's investment company; the second son just got admitted to university.

Gao Lihong's eldest daughter, Lin Yuqian, joined the well-known Singaporean brand "BreadTalk" and also founded a milk tea brand, which can be considered a successful career; the eldest son, Lin Wenlun, joined his "older brother" Lin Wenhao's company this year and started from the grassroots; the youngest son has just entered university.

Ma Yawen's family has already established a stable empire. The eldest son is in charge of the F&N Group (with Singapore as its base), and the second son is in charge of Chinese Estates Holdings (with Hong Kong as its base). Of course, Chinese Estates Holdings will gradually cash out in the future, and this family will move to Singapore.

Zou Kaixuan's eldest son, Lin Wenping, has joined Xiaomi Group for two years, but he is basically not the successor (Xiaomi Group will implement professional managers, and Zou Kaixuan's family will be in power behind the scenes); the second son is studying at Tsinghua University in mainland China and is already a junior, but he is expected to go to the United States for further studies.

At last.

Even Lin Zhengjie's main wife and three legitimate sons have already been arranged. After waiting for three years, they will "separate the family"! (End of this chapter)