386 Xiangjiang Baojia
Seeing the two daughters of the Bao family and their husbands, Li Feng could only appreciate the shrewdness of the ship king.
I have to say that the king of the ship is worthy of being a man of the year and an elite talent in the world business community at that time. Not to mention the position of the richest Chinese man at that time, the status of the ship king in the world business community at that time was definitely well-known, and the name of 'Bao Long King' can be seen.
Not to mention the ability and status of the ship's business community, let's talk about the distribution of the ship's estate, which shows its shrewd side.
The business of ShipKing is roughly divided into two parts, one is the marine business - global shipping series, and the other is the land business - Wheelock series. Naturally, in addition to these two major industries, industries such as private investment by the king of ships are also distributed all over the world.
He handed over the maritime shipping business (except Japan) to his eldest daughter and son-in-law, and the company's market value at that time was about 10 billion US dollars, and handed over the Defeng series (except Japan) to his second daughter and son-in-law, and the company's market value at that time was also about 10 billion US dollars.
And because the third daughter married away from Japan, she handed over all the property of the ship king in Japan to the third daughter, don't underestimate the Japanese industry.
At that time, the ship king died at the craziest time for real estate in Japan at that time, plus insurance, trade and other industries. Although it is not as good as the first two, in the private investment groups and family funds in the back, the third daughter is given a little compensation, and on the whole, it is not inferior to the assets obtained by the first two.
In the end, there is the youngest daughter and son-in-law, and the youngest daughter is married to the American imperialists, so the king of the ship compensated the third daughter for the private global investment group and the family fund or something, and most of it was handed over to the younger daughter and son-in-law.
It is said that there are nearly 10 billion US dollars of national treasury bonds, as well as stocks, cash and other assets, the assets of the four daughters are almost the same, evenly distributed, think about the status of the two sons-in-law of the ship king in Xiangjiang, they are definitely the top richest people in Xiangjiang, you can imagine how rich the assets left by the charter boat king.
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It is said that the ship king divided all the assets of about 40 billion US dollars under his control almost equally among the four daughters, of course, 40 billion US dollars is the control, not all of the boat king's personal ownership.
Many people may be puzzled, does the ship's inheritance to his children not need to pay inheritance tax, doesn't it say that the inheritance tax should be half? In fact, this question is still the same old way.
No matter where you are, if you inherit the shares of the enterprise, as long as you do not choose to cash out the shares, you will not be allowed to pay taxes, which is the protection of the long-term operation of the enterprise. Therefore, in addition to family charitable funds, the wealthy also have a way to avoid taxes, that is, to set up a family private business.
Then the assets are classified into the enterprise, and then left to future generations of enterprise shares, as long as this part of the shares do not choose to cash out, sit on the dividends, you can pass on the property forever.
The assets left by the ship king to his children are combined in two ways, and the two core industries are directly handed over to the two daughters, so that they can inherit the shares and management rights of the company, as long as they do not cash out. Similarly, the two younger daughters inherited part of the business and the family's investment company, charitable fund or something, and carried out reasonable tax avoidance.
If you want to leave assets to future generations in the form of a business, the most famous is the Wharton family of Wal-Mart, after the death of the old Wharton did not give all the inheritance to a few children, etc., the later generations of Wharton family members can find their names on the wealth list every year, and they are very high.
Sam Wharton Sr. corporatized his personal assets, such as setting up a Wharton family investment company, which was fully controlled by family members, and then put all the shares of Wal-Mart in the name of the investment company.
Then let the children of the younger generations get the shares of the family investment company, and the shares of the company inherited naturally do not need to be called inheritance tax.
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Including the charter king and the later Li Chaoren, etc., the assets of these super-rich people have been smoothly passed on to the next generation. There are no more than two forms, one is directly passed on to the next generation in the form of corporate shares, and the second is a family fund or something.
In fact, in Li Feng's view, if the American imperialists are the middle class, if they die, most of their property will obediently pay inheritance tax, and it is not that these people do not have so much financial resources and energy to handle these affairs.
Even many heirs simply auction the property they want to inherit directly, there is no way, the inheritance tax can not be paid, so they can only pay the inheritance tax obediently after the auction and get the cash, and the result is that the inherited inheritance can get half of it, and often the rich family will not have such a problem.
To put it bluntly, a country like US imperialism still sets rules for the rich, after all, it is the rich class that occupies the ruling class, isn't it?
Just like this time, if Li Feng buys the remaining shares of Standard Chartered Bank from the Bao family, even if it is a huge cash transaction, and all the amount of this transaction is transferred to the private investment company or charitable fund controlled by the Bao family, at most he will pay a little corporate income tax, and he will not need to pay individual income tax at all.
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In any case, the Xiangjiang Bao family cannot be underestimated at any time, but unfortunately, the charter king died early, and Li Feng hated to see each other.
In later generations, the eldest son-in-law and second son-in-law of the Bao family were frequent visitors on the rich list, and everyone was worth billions or tens of billions of dollars, as for the third son-in-law and the fourth son-in-law, they were very low-key, and they could hardly see their news.
In fact, although the third and fourth sons-in-law are not as conspicuous as the eldest and second sons-in-law, their strength is by no means bad, but they choose to keep a low profile and live by guarding the family fund.
After some introduction, Li Feng and his entourage walked into the Li family's villa.
"Accompany Rong, accompany Hui, this is Mr. St. John Lee from the United States, I was also entrusted by him to contact you, and you also know the general matter, that is, about the remaining shares of Standard Chartered Bank in your hands.
Previously, you have been reducing your holdings of Standard Chartered shares, and Mr. Li is very interested in the remaining shares in your hands, as for how to talk about it, you will talk about it yourself, and our family will not participate. Leaving the study room to Li Feng and the two Bao sisters for the time being, Li Chaoren said bluntly, and left the room with his two sons.
Obviously, although Li Chaoren helped the two sides contact once, but the details will not be involved, in this regard, the Li family father and son are still very shrewd, whether you talk about success or not, we are all watching from the outside.
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Watching the Li family's father and son leave, Li Feng smiled and didn't care, the Bao family in front of him was Li Feng's goal, wasn't it.
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