Wolf of Xiangjiang

In August, KAJ Group, which manages more than 8 brands including Gucci, Bottega Veneta, Yves Saint Laurent, Latour, Sergio Rossi, Tom Ford, RIMOWA, etc., was listed simultaneously in Rome and London, raising a total of 90 billion euros (releasing 30% of its equity, equivalent to 100 billion US dollars), becoming the world's largest IPO as of 2017.

The total sales of the luxury goods business of the Kajie Group in 2016 was 145 billion euros, or 15.5 billion euros; and the Kajie Group also has a non-luxury business, namely the real estate business, which owns commercial real estate worth nearly 2009 billion euros (developed in 6 using the profits of previous years), which can provide monthly rental income of 7 to million euros each year.

In addition, the time chosen for listing was August 2017, when the European and American economies and stock markets were reaching their peak.

On the two days of Kajie Group's listing, Monica and Lin Wenli both appeared at the bell ringing ceremony. Monica attended as the chairman of the board of directors of Kajie Group (a position she has held since 2015), and Lin Wenli attended as a director of Kajie Group, becoming the focus of media attention.

After the listing of Kajie Group, 30% of the shares were owned by other investors. Many financial institutions around the world participated in the subscription, and Lin Zhengjie's influence also played a role here. The remaining 70% of the shares were owned by Monica and Lin Zhengjie's family office, with shareholding ratios of 40% and 30% respectively.

As early as 2013, Lin Zhengjie had arranged the equity transaction; since 2015, Kajie Group has begun to prepare for listing, and Lin Wenli happened to join this team.

Lin Wenli is now over 25 years old, but he is already a director of the Kajie Group and has a certain influence within the company.

Of course, although the Kajie Group is listed, all the core management team members are still foreigners who are "loyal" to the Lin family, so there is no possibility that Lin Wenli will not be able to take over in the future.

This year, Monica's eldest daughter also joined the Kajie Group, adding another member; in the future, Monica's four children will all join the Kajie Group.

However, according to Chinese tradition, it is highly likely that Lin Wenli will take over the Kajie Group.

Milan, Lin family villa.

With Lin Zhengjie's arrival, Monica and her four children all returned to the villa to vacation with him.

In the study, Lin Zhengjie also began to convey the next plan to Monica, Lin Wenli, and Lin Gaoya (Monica's eldest daughter).

"Now that Kajie Group has successfully gone public and raised 90 billion euros, the next step is to acquire the jewelry brand Tiffany. Wenli, as the deputy, President Asel will take you along in this matter."

When the Kajie Group was reorganized, the Gucci Group was abolished. Gucci was only one of the brands of the group, accounting for only 25% to 30% of the profits of luxury goods. Therefore, Lin Zhengjie transferred the former president of the Harvey Nicholas Group to the president of the Kajie Group.

Because Lin Zhengjie believed that the original president of Gucci Group might not be good at the work of the entire group, and a CEO who was good at grasping the overall situation was needed.

Asel has been serving for more than 53 years and has participated in the acquisition of many brands. In addition, he is an old subordinate of Lin Zhengjie and is only years old this year. He can support Lin Wenli to take the position.

Lin Wenli nodded and said, "Yes, father. With the funds we have gathered and the low debt of the Gucci Group, the acquisition of Tiffany will not only increase our strength in the jewelry field, but also will not cause too much financial burden to the group."

Lin Zhengjie smiled and said, "Don't worry. Starting from next year (2018), Gucci Group can cash out 50% of its non-core property assets. With this money, Gucci Group can acquire Tiffany without any pressure, and even the debt will not increase much!"

Lin Wenli said admiringly: "It was you, father, who facilitated the investment in real estate business. It turned out that it was for today."

Monica said: "Your father has invested in Gucci Group for nearly 30 years and has basically not taken any profits. You children should also understand his good intentions!"

Lin Zhengjie immediately waved his hands and said, "They are all my children, no need to be polite. I am very happy to see that Wenli and Gaoya can join the Gucci Group!"

Once this company successfully acquires Tiffany, it will become the world's true "second largest luxury goods group", and the market value of the Kajie Group will reach 100 billion US dollars in the future.

night.

Monica slowly came to the bedroom, dressed up very seductively, just like she was in "The Legend of Sicily". In fact, she is already 53 years old this year, but because of Lin Zhengjie's nourishment, she is in the same state as when she was 36 years old in her previous life filming "The Legend of Sicily", and she may even look more beautiful (temperament).

Lin Zhengjie walked forward, put his arms around Monica's waist, and danced to the music.

"Wenli's marriage, do you want to express your opinion?"

"Don't publish it. As long as he likes it."

"What about Westerners?"

"I'm looking for your Western people myself, so Wenli naturally doesn't have to worry about it!"

As time goes by, Lin Zhengjie believes that within three generations, his genes will not be wasted.

At this time, Lin Wenli really looks like a mixed-race!

Dance finished.

Lin Zhengjie invited Monica to sit down on the edge of the bed, then slowly squatted down to take off her high heels, revealing a pair of charming long legs in black stockings.

The legs of a mature woman may have more muscles, but they also have more charm.

Lin Zhengjie slowly sniffed forward, the faint feminine scent went straight to the tip of his nose, then reached the man's brain center, stimulating hormones.

Time flies, and it is already 2020.

In early January, Lin Zhengjie's family issued a shocking press conference.
In front of hundreds of reporters, Lin Zhengjie announced: "From January 1, I will resign as Chairman of the Board of Directors of Taifook Group, Wheelock Group and Taifook Infrastructure Group, and my three sons will take over respectively. Of course, I will serve as a senior consultant to these three companies and continue to care about their growth!"

There was an uproar at the scene. No one expected that Lin Zhengjie, who is only 62 years old this year, would resign as chairman of the board. You know, Cheng Yutong at least retained the position of chairman of the board and supported his son for a long time before officially resigning as chairman of the board. During this process, Cheng Kar-shun made a big mistake, and it was Cheng Yutong who came back to save the situation.

However, since 2015, the Taifook Group has been selling off its assets around the world. In the past five years, the Taifook Group alone has cashed out property assets worth as much as US$700 billion (more than US$200 billion in mainland China, US$150 billion in Europe, and more than US$300 billion in North America).

At the same time, Taifook Group has increased its dividends since 2016, with a total of HK$2800 billion in dividends in four years. The funds that fell into the hands of Lam Ching Kit's family were HK$900 billion (increasing their stake to 32%).

Anyone with a discerning eye can see that Taifook Group is massively shrinking its defenses this time.

Of course, some people say that Lin Zhengjie not only "missed the market" but also "suffered a big loss". It is not difficult to understand that he missed the market, as real estate prices have been rising in recent years; and the big loss means that Lin Zhengjie should not have split the three companies too early, which would have resulted in tens of billions more in dividends flowing into Lin's pocket.

In fact, how could Lin Zhengjie not understand all this? However, he did not care too much about it and just pushed the plan forward step by step.

Reporter: "Combined with the development of the Taifook Group in recent years, they are intentionally shrinking their defenses to match your retirement plan!"

Lin Zhengjie: "Whether I retire or not has nothing to do with the business behavior in recent years. As for your claim of shrinking the defense line, it is also incorrect. The actions of Taifook Group in recent years can only mean that in the short term, I think global assets have reached a relatively high level. Since there is such a concern, I will naturally arrange to sell some assets and distribute the profits to shareholders. Taifook Group's account still has sufficient cash flow (more than 600 billion US dollars). If there are suitable investment opportunities in the future, I believe they will consider it."

Although he didn't say much, his bearish attitude was still very obvious. Soon, the media on the Internet started to hype it up:
“I am old, I am old. Who says the real estate market is failing? Who says the stock market is failing?”

"Chauncey Lin is getting old too. He might need a kidney transplant after playing too much, right?"

"Stop spreading rumors, he looks as young as a man in his forties!"

"Pfft, he must have had his heart replaced, and his whole body replaced with a new one."

"Selling those assets in Hua Xia was Lin Zhengjie's biggest mistake in his life!"

"A lot of assets have been lost. We will boycott the Lin Zhengjie family's brand in the future."

Of course, these entertainments never reached Lin Zhengjie's ears, and he would not be bored enough to argue on the mainland Internet.

The Lin family's ancestral home, No. 1 Peak Road, has recently been undergoing major renovations, so Lin Zhengjie's main family is temporarily living in Yunfengju.

On the weekend after New Year’s Day, Lin Zhengjie and his direct descendants vacationed together at Yunfengju.

Today, Lin Wendong has three sons and one daughter, Lin Wenliang has two sons and one daughter, and Lin Wencheng also has two sons. There are already nine grandchildren in this line alone.

In the study, Lin Zhengjie was chatting with his three sons. Guan Jiahui now participated in such serious matters because her sons had already started their own families and careers and could communicate with their father seriously.

"Wendong, you take all the dividend money this year, and you don't need to give it to Wencheng in the future. From now on, the division plan of the three of you brothers has been completed, and I have given you all that I can give!" Lin Zhengjie said calmly.

In the dividend distribution of the past four years, Lin Zhengjie asked Lin Wendong to give a total of 800 billion Hong Kong dollars to Lin Wencheng, keeping only 100 billion for himself.

It's very simple. The asset gap between Taifook Group, Wheelock Group and Taifook Infrastructure Group is too big, so Lin Zhengjie made such an arrangement; it is equivalent to giving Lin Wencheng some more cash to make up for the fact that his Taifook Infrastructure only has 3500 billion assets (34.9% of the shares).
In fact, Lin Zhengjie also personally withdrew US$50 billion from Horizon Ventures, plus Lin Wendong's 800 billion, a total of 1200 billion in support to Lin Wencheng.

As for the Wheelock Group controlled by Lin Wenliang, the asset value is just right, no money needs to be spent, nor does it need to be shallow.

But all in all, Lin Wendong still has absolute strength.

The current asset value of Taifook Group is about HK$1.5 billion (including US$600 billion in cash flow), while the asset value of Wheelock Group is about HK$7000 billion, and Taifook Infrastructure is around HK$3500 billion.

Lin Wencheng had nearly 200 billion US dollars in personal assets, which were made up in one go.

"We listen to Dad!"

"Thank you dad"

The three legitimate sons had no objection to this, and their father was already quite fair.

As for other assets, they never thought about it.

Of course, in Lin Zhengjie's plan, the Lin Zhengjie Family Office has been arranged - family sharing, and Hengfeng Financial Group has established a trust institution to hold it, and the beneficiaries are "all male members of Lin Zhengjie's family."

As for the last one, 'HarbourVest Investments', Lin Zhengjie plans to treat it as his own pocket money and spend it however he wants!
Adding the assets of the other 13 rooms, each room is worth around 800 billion, so there is no need for Lin Zhengjie to give more.

More than a year has passed.

2021 1 Month 1 Day.

Lin Zhengjie spent New Year's Day on the "Hong Kong", accompanied by his fourteen wives and concubines, the fourteenth wife's eldest son, and Ma Meiyin.

In the conference room, Lin Zhengjie called everyone to a secret meeting.

"Although there was a pandemic last year, the U.S. stock market entered a bull market!"

Everyone smiled because their family's investment in U.S. stocks was quite huge. Just the four U.S. stocks held by the 10 families were worth more than 60 billion U.S. dollars each, equivalent to 500 billion Hong Kong dollars.

"In the next three years, everyone should cash out these four stocks. Make a schedule for yourself, that is, cash out about the same amount of shares every month!"

"Yes, Dad."

The eldest sons were already in charge of the wealth of each family, and they all agreed without hesitation.

Lin Zhengjie said with satisfaction: "After cashing out your wealth, you can count the assets of each family. In the next three years, gold may continue to rise. In the long run, it will be at least 2600 US dollars per ounce. Each of you can invest appropriately in spot gold. In terms of real estate, this round of Europe and the United States is expected to peak this year, and then there will be a wave of decline, about 15%. If you consider long-term investment, you can consider starting after 2024. Here, I can't make more speculations. It depends on you to manage your own wealth. But one thing is that each family must keep more than 30% in cash, that is, deposits."

"Yes, Dad."

When Lin Zhengjie speaks, everyone just listens and there is no need to express any objections because he is definitely not wrong.

In fact, Lin Zhengjie himself does not know whether it is right to cash out Apple, Microsoft, Google, and Amazon, but he only chooses what he knows. As for how these children will invest in the future, that is their business.

On the other hand, family offices and Victoria Harbour will not cash out too much of the U.S. stocks they hold, and they are not in a hurry to cash out at the moment.

Especially for family offices that hold US stocks, many of them intend to earn dividends permanently, and cashing out will not be on a large scale.

After the explanation, the 14 eldest sons boarded various yachts and started to go to the "Nine Peaks" villa in Hong Kong, where a family gathering was to be held. This year, Lin Zhengjie and his wives and concubines did not plan to attend, and let the second generation organize the three-day exchange conference on their own. This was the first year that they did not have a "family head" and the "young family head" Lin Wendong hosted the meeting. The participants were 28 adult male second generation (one male was underage), and the 7 daughters did not participate (only enjoyed the dividends of the family office).

Lin Zhengjie and his wives and concubines were on the boat, enjoying their vacation. Although they were not a group of beautiful women at the time, they were still a gathering of beauties.

Nowadays, Ma Yawen, Lin Qingxia and Zhao Yazhi no longer join in the X-related fun. After all, they are all in their seventies and have no need for it anymore.

However, in the 1960s and 1970s, people were still passionate, but it was no longer necessary. To be honest, these women suddenly stopped asking for it, as if they were ready to give Lin Zhengjie "other opportunities".

After Lin Zhengjie has "divided the wealth that should be divided" and "inherited the business that should be inherited", he does have the idea of ​​​​releasing a "third spring".

I just want to try it out with a post-00s girl, is she good? (End of this chapter)