Chapter 54: The Huge Lei Family

The 2008 financial crisis brought Madoff's scam to life, and some have become the new Wall Street myth in this crisis.

John Paulson, the new "Wall Street god", made a fortune in the global financial crisis by shorting subordinated bonds, and his personal income reached $3.7 billion in 2007, beating the legendary George Soros to become the most profitable fund manager in 2007.

After Lei Ming made it public in China that the investment department he set up made billions of dollars in the financial crisis, he also became one of the figures in the financial crisis. Wall Street also dug up some information reports on the Lei family, but no newspaper knows how Lei Ming invested, so it can only be guessed that Lei Ming is also short.

The biggest influence is still in the Chinese circle, Lei Ming as early as 2007 to some good families to make a hint of a possible global economic crisis, but each family has its own judgment, and did not take it seriously because of Lei Ming's reminder, after all, Lei Ming has not verified his talent in finance. After the financial crisis, these families knew that Lei Ming's judgment was correct, and the Lei family's business contraction in 2006 and 2007 also made these families know that the Lei family suffered very little loss in this financial crisis, but they didn't know that the Lei family was still making a fortune in the financial crisis.

After Lei Ming returned to China to invest in a high-profile manner, the relevant families learned that the Lei family not only escaped the financial crisis, but also made a lot of money in the financial crisis. Some families in China have also confirmed through Yang Xixi that the Lei family has gained a lot of wealth by shorting in the financial crisis.

After knowing that Lei Ming is a financial genius, all families naturally want to take the wealth express train of Lei Ming, after all, the financial crisis is a rare opportunity to make money.

In the past, the Lei family could make a fortune in silence, but it was not good to eat alone after it was made public. It just so happened that Lei Ming also had the idea of issuing a fund, and the Lei family simply reorganized the investment department into a hedge fund, and by the way, took advantage of this inheritance conference to invite many wealthy people to hold a fund promotion meeting to raise funds.

Although the financial crisis has shrunk the value of the vast majority of people, the emaciated camel is bigger than the horse, and Lei Ming is still very optimistic about this fund raising.

After watching the news for a while, Lei Ming quietly came to the guest room and saw that Liu Qian had fallen asleep, so he was ready to go to Chinatown.

In the living room, Li Rulan and Lei Li were chatting with several Lei family daughters, and when they saw the tall and handsome thunder coming out, they all smiled and greeted the genius of the family.

Lei Ming smiled and called around according to the name in his memory, and then said to Li Rulan: "Mom, Xiaoqian is sleeping, I'll go to Chinatown first." ”

Li Rulan nodded and said, "Well, okay." When Xiaoqian woke up, I asked Lei Li to accompany her. ”

Lei Li also smiled: "Well, big brother, don't worry." ”

"Okay, then I'll go first. ”

Lei Ming didn't say much, and said goodbye to everyone with a smile.

When he arrived downstairs, Cheng Zhong was already waiting outside the elevator.

Two people came to Chinatown in a bulletproof Mercedes.

San Francisco's Chinatown is not a single street, but an area of multiple streets, where more than 100,000 Chinese people live.

Chinese characters, red lanterns, and Chinese-style eaves can be seen everywhere on both sides of the street, and most of the people walking on the street are yellow-skinned, black-haired Chinese, and most of the white people are tourists with bags on their backs. As the earliest Chinatown in the United States, San Francisco Chinatown is also a famous scenic spot in San Francisco, and many foreign tourists like to come here to play.

When I arrived at an old building with the sign of the Lei family's office, the car stopped.

The third generation of the Lei family set up a family office here to discuss some family affairs and provide a place for the Lei family to live. However, in recent years, the older generation has come over, and the young Lei family likes to live in the Lei family's newly built Lei Hotel.

Cheng Zhong got out of the co-pilot, stretched out his hand and signaled a bodyguard who came up to open the door for Lei Ming to stop, he looked around vigilantly and opened the door for Lei Ming in person.

"Great young master. ”

Lei Ming got out of the car, nodded with the two bodyguards, and walked into the building.

"Big Young Master"

On the first floor, four bodyguards guarded the door.

Lei Ze, the third uncle of Lei Ming, who was in charge of welcoming guests on the first floor, saw Lei Ming coming and got up to greet him, and said with a smile: "Lei Ming is coming." ”

"Well, the third uncle is good. ”

"You're feeling better now, aren't you?"

"Well, no problem. ”

"That's good. ”

……

After a few pleasantries, Lei Ming went up to the second floor.

There were a lot of people sitting in the lobby on the second floor, most of them were elders from various rooms, one of them was the old man Lei Yi, the head of the Lei family, and Lei Ming's father, Lei Yang, stood behind the old man.

Old Man Lei is over seventy years old, but his body is very strong, his back is straight, and he sits in the middle and chats with the elders in each room.

Seeing the Lei family's Qilin'er coming in, Lei Yi showed a kind smile and said with a smile: "Ming'er is here, I have met the elders first." ”

"Well, grandpa, second grandpa, third grandpa......"

The elders of the Lei family also showed a cordial smile and nodded with thunder.

Lei Ming called a circle of people before he walked up to Lei Yi and stood behind.

Lei Yi tilted his head slightly and said to Lei Ming: "You first tell the elders why you broke the Lei family's tradition of not doing financial speculation and not entering the WTO in a high-profile manner?"

Lei Ming was stunned for a moment, he did break the two traditions of the Lei family, but as early as 07, when Lei Ming set up the investment department, he explained it to the old man, and I don't know why he asked again.

The Lei family also has a few elders, but they only coordinate some family disputes or mutual assistance with the head of the family, and they have no right to interfere in the affairs of the Lei group.

In order to prevent disunity of people and the division of the group, the Lei family stipulates that 100% of the shares of the Lei Group must be passed on to the next generation of family owners, and other brothers and sisters can only share the private property of the head of the family, but not the property of the group, and the group will give dividends to the head of the family every year as private property. In a certain sense, the group is not the head of the family, but the family, which can only be passed down from generation to generation, and the head of the family cannot dispose of it at will.

Although he was a little puzzled, Lei Ming still said: "The ancestors did not do financial speculation because they saw other people speculating in the capital market and causing bankruptcy, and the risk of financial speculation is indeed very large. However, this subprime mortgage crisis is inseparable from the real estate market that our Lei family has been doing, and we have received a lot of data to confirm that the subprime mortgage crisis will erupt. This is an opportunity to take the Lei family's wealth to a higher level. If God doesn't take it, he will be blamed. So I set up an investment department, and we started with only $10 million, and only after the subprime mortgage crisis spread, did we add some additional funds. In September this year, we have withdrawn the principal and a part of the profits, to ensure that the subsequent speculation will not cause losses to the group.

Recently, I have seen the opportunity of the Internet in my high-profile situation in China. This financial crisis can double the wealth of the Lei family, and the Internet has the opportunity to multiply the wealth of the Lei family tenfold and have a great influence. We don't have accumulation on the Internet, and we can let more people know about our products, and we can also have enough scale before the Internet giants react. ”

In fact, no one asked Lei Ming about violating the Lei family's tradition before, each house has no right to interfere in the affairs of the main branch, and Lei Ming did a good job, so that the Lei family not only avoided the financial crisis, but also gained a lot of wealth in the financial crisis, and it can be said that it is the future hero of the Lei family's reform and innovation.

The main branch will not disclose to the houses how much wealth the Lei Group has now.

Before, the houses were just guessing like others that the Lei Group might have made billions of dollars in the financial crisis, otherwise they would not have taken out $500 million for special dividends at once, but now they heard Lei Ming say that the financial crisis doubled the wealth of the Lei family, and they determined this.

What shocked them was that Lei Ming said that the Internet could multiply the Lei family's wealth tenfold, so he was high-profile.

If it were someone else's opinion, the elders of each room would definitely think that it was a yellow-mouthed child, and it would not be believed.

Before the financial crisis, the Lei Group also had billions of dollars in wealth, ten times more than tens of billions of dollars, enough to enter the top few of the world's richest list.

In addition to talent, it also takes a lot of luck to become one of the richest people in the world, and it is not something that can be achieved with just an idea.

However, Lei Ming has been extraordinary since he was a child, and this time it only took two years to double the wealth of the Lei family, so he said that the Internet has a chance to double the wealth of the Lei family tenfold, and it is really a big opportunity.

Although the wealth of the Lei Group will not be given to the houses, and the special dividends are not much, they can ask the Lei Group for help when they encounter difficulties. The growth of the Lei Group, the stronger their backing will be, and it is the prosperity of both, so they are very happy to see the Lei Group grow.