Chapter 808 [Super Rich]
Time flies, and in the blink of an eye, 2014 is coming.
Early March.
New Era Group held its annual earnings conference, which attracted a large number of media.
Lin Zuhui and Lin Wenjie and his son sat in the middle for the first time, making the media speculate whether the handover of the New Era Group will go further.
On the rostrum, Lin Zuhui with a slight smile personally made a work report on the '2013 annual financial report'.
"As of December 31, 2013, New Era Group's annual revenue was HK$1.25 trillion, an increase of 25.5% over the previous year....... recorded a net profit of HK$137.86 billion, an increase of 13% over the previous year......"
"The uncertain economic conditions in 2013 continued to impact certain markets and geographies in which we operate, but with the exception of some emerging markets, the general improvement in the second half of 2013 provided a positive outlook for the business as a whole in 2014."
"We will continue to uphold the strategy of "steady growth" and continue to invest in the development of our core business in the long-term interests of our shareholders and taking into account relevant economic and political factors. The company's main objectives are to achieve long-term recurring earnings growth and maintain a strong financial position, and the company is cautiously optimistic about its prospects. ”
With thunderous applause, New Era Group created another brilliant achievement, once again surpassing HSBC and becoming the most profitable local enterprise in Hong Kong.
In the annual financial report of Cheung Kong at the end of February, Cheung Kong Group recorded a profit of 25.2 billion yuan and Hutchison Whampoa recorded a profit of 22 billion yuan, adding up to an annual profit of 47.2 billion yuan. In this way, Cheung Kong is only a little more than 40% of the profit of the New Era Group.
HSBC's annual profit in 2013 was HK$128 billion, which was HK$20 billion worse than that of New Era Group.
There is no reason not to be proud of such achievements.
After the annual financial report, Lin Zuhui added: "Finally, I will talk about a personal matter here, I have included my 51.6% equity in the New Era Group into the 'Lin Zuhui Lin Wenjie Family Trust Fund', and this trust fund, Mr. Lin Wenjie holds 70% of the equity. ”
Boom, like a depth charge detonating, a group of reporters were restless!
A giant with a market value of 1.35 trillion yuan, involving 700 billion Hong Kong dollars of equity, has completed the handover.
According to Lin Wenjie's shareholdings, the 26-year-old young rich second generation has a net worth of 490 billion Hong Kong dollars, or 63 billion US dollars.
In the 2013 Forbes rankings, this net worth can be the fourth richest in the world, second only to Lin Zuhui ($126 billion, Jingwei Capital), Carlos (Mexican telecom tycoon, $73 billion), and Bill Gates ($71 billion).
For a while, reporters at home and abroad rushed to raise their hands when it came to the question session.
Reporter: "Mr. Lin, if you put your equity into the trust and let your son Mr. Lin Wenjie hold 70% of the shares, does it mean that you have decided to hand over the shift?" But you're only 49 years old, and you look so young. ”
Lin Zuhui: "The main reason for this arrangement is that I want to focus more on philanthropy, and the 'Lin Zuhui Family Foundation' should learn from the 'Bill & Melinda Foundation' in the United States and devote more and more extensive efforts to philanthropy." Of course, I will still supervise these companies of the New Era Group, in fact, many people know that I have always been in charge, along the way, thanks to the help of these management and employees who have followed me for decades. In any case, doing business is also a responsibility, to be responsible for hundreds of thousands of shareholders and hundreds of thousands of employees, please rest assured, I am not completely retired. ”
Reporter: "You just said that you want to learn from the 'Bill & Melinda Foundation' in the United States, so it means donating more, but you have completed the separation of your wealth again?" ”
Lin Zuhui: "It's a very normal equity transfer, we Chinese have a 'son inheriting the father's business', and my career will be inherited by my son." As for the funds for charity, I will use the equity of those companies that I have invested privately and the cash in my hands, so everyone will wait and see. ”
Next, reporters asked Lin Wenjie questions, and Lin Wenjie handled various problems very steadily.
In terms of stability, he is much stronger than Lin Zuhui.
After the annual earnings meeting, Lin Zuhui returned to the office.
Recalling last year's scene, Li Chaoren really sold a lot of mainland and Xiangjiang assets, and was questioned by the media for 'running away'.
The New Era Group, on the other hand, has not moved, but has greatly reduced the efforts of the mainland and Xiangjiang to acquire land, and even if it acquires land, it is still high-end residential land, and the land can be sold within five or six years.
As for commercial projects in Hong Kong and the Mainland, some small and medium-sized projects will be sold before 2018. Lin Zuhui believes that at that time, Hong Kong capital was all sold, and the New Era Group was mixed in, so it would be harmless.
The reason why he cares so much about his reputation is that he has a huge number of other businesses in the mainland, such as clothing, beverages, food, beer, etc., which affect the whole body, and this is the reason.
.........
USA, Forbes Inc.
"Editor-in-chief, hurry up, we want to change the ranking of the world's wealth list!"
A reporter rushed into the editor-in-chief's office and said urgently and excitedly.
The editor-in-chief frowned, and said unhappily: "What's the matter with you, the reason why our list is authoritative is because it has undergone a strict audit, how can it be easily changed?" ”
The reporter didn't care about the unceremonious editor-in-chief, but said excitedly: "The richest man in the world has split up, although he is still the richest man in the world, he released a message in Xiangjiang, saying that he would hand over most of the shares of his most important company to his eldest son, Mr. Lin Wenjie." ”
The editor-in-chief stood up and said excitedly: "Really? What's going on, hurry up and make it clear, damn it, we're going to release it in three days, but luckily it's in time! ”
The reporter told the story of the incident, and the editor-in-chief listened to it with relish.
The richest man in the world is a legend, even if it is the wealth on the surface, it is more than the second and third combined, and the title of the richest man in this world has been occupied by others for 18 years.
It's crazy!
In the end, after some calculations, Lin Zuhui is still the richest man in the world, but he is no longer much different from the second place; At the same time, Lin Wenjie was promoted to fourth in the world, followed by Bill Gates and Mexican telecom tycoon Carlos in third.
.......
Only two days later, at the annual financial report meeting of Octopus Bank, Lin Wentao, the second son of Lin Zuhui, attended the meeting as an executive director, which once again caused a lot of hype in the Hong Kong media.
"Mr. Lin Zuhui wants to retire at the age of 50, and he is too anxious to push his son to the throne, right?"
"It's really early, but Mr. Lin Zuhui has not stepped down as chairman, and will always participate in the company's large-scale affairs. Moreover, Lin Wenjie and Lin Wentao are both high-achieving graduates, and the tiger father has no dogs, so he believes that he can keep the family business. ”
"Tut, anyway, people like Li Chaoren didn't hand over power until they were seventy or eighty years old, but Mr. Lin was good, and he thought about handing over power in his forties, which is really torturous."
.......
Forbes released its 'World's Richest List' in early March.
First place: Lin Zuhui, net worth of 82 billion US dollars;
second place: Bill Gates, net worth of $80 billion;
third place: Carlos, net worth $72 billion;
fourth place: Lin Wenjie, net worth of 64.5 billion US dollars;
Fifth place: Amancio (Zara), net worth $64 billion.
For a time, global public opinion was in an uproar, and the citizens of Xiangjiang were even more discussed.
"Isn't Lin Zuhui divided, where is there still 82 billion US dollars?"
"The market value of its companies is high, in fact, this list has underestimated a lot of wealth."
"Makes sense! But this Lin Zuhui family is too strong, the top 20 richest people in Xiangjiang are not as rich as them, can the small Xiangjiang support such a big wealth? ”
"Just look at the financial report of New Era Group, other people's global business accounts for a very large proportion, and the market value is naturally high. In addition, Mr. Lin Zuhui's shareholding in his own company has always been about 50%. ”
"These rich people are really unkind to the rich, and they don't know how to donate so much money to us poor."
"Hey, there's no way to do it, the rich are getting richer and richer, the poor are getting poorer and poorer, and the housing prices are getting higher and higher......"
.......
In mid-March, Lin Zuhui and Wang Lingyin held a donation ceremony in the name of the 'Lin Zuhui Foundation', inviting many journalists from home and abroad to witness.
On the podium, Lin Zuhui and Wang Lingyin sat in the middle, and on either side were some of the management of the 'Lin Zuhui Foundation', including Chen Xiaofen, the former director of the New Era Group.
"Thank you all for being here! Originally, I have always been doing charity, and I don't want to trouble my friends in the news media, but this time it is a little different, and it can be regarded as a testimony that I have concentrated on entering the field of charity. ”
"Lin Zuhui Foundation, after two years of strengthening the team, has become more standardized and comprehensive, which also makes me more assured that this team can help more and more people."
"So, today the couple decided to donate 10 billion Hong Kong dollars in cash and 9.1% of the shares of Penguin Company worth 100 billion Hong Kong dollars to the Lin Zuhui Foundation. In the future, I hope to donate more. ”
"In order to ensure that these funds can help more people, the budget of the 'Lin Zuhui Foundation' this year is 22 billion Hong Kong dollars for charity, and the funds are mainly used for global poverty alleviation, health improvement, drug research and development, agricultural innovation, education funding, etc."
For a while, the whole scene exploded.
As much as 110 billion Hong Kong dollars in donations, only Bill Gates and Buffett can compare.
In fact, Lin Zuhui has probably donated about 50 billion Hong Kong dollars to charity over the years.
Compared with Warren Buffett and Bill Gates, it is indeed a lot worse, but Lin Zuhui has always explained his budget for charity as the world's richest man by thinking that he is still young and will find time to concentrate on charity.
And now, Lin Zuhui is clearly going to fulfill that promise.
The important thing is that with the global popularity of the Internet era and the widening of the social gap, as the richest man in the world for 19 years, he must increase his efforts in charity, which is also a measure to protect his family.
The philanthropic funds of the 'Lin Zuhui Foundation' will no longer be limited to the mainland, but will be contributed to the whole of mankind, and of course, if the funds from the mainland are convinced that they can be implemented, he will not be stingy.
........
The next day, the media in Hong Kong reported on the 'Lam Cho Fai Foundation'.
A: "Wow, the donation of 110 billion Hong Kong dollars is much more than the eighth richest person in Hong Kong, the 'Kadoorie family', and the wealth of the seventh 'Cheng Yu Tung family'. ”
B: "Sprinkle water, this money is sprinkled for the richest man in the world!" Besides, it's not for you and me, and I won't even donate much to Xiangjiang, don't be delusional! ”
C: "It makes sense, these rich people in Xiangjiang are all bloodsuckers in Xiangjiang, and the housing prices are so high, all of which are due to them!" ”
A: "I don't refute what you say about other rich people. But when it comes to Mr. Lin Zuhui, I would like to refute two sentences, who created the cultural industry in Hong Kong? Who created Hong Kong's technology industry? Do you know how much of Xiangjiang's GDP is affected by these industries, which is 30%, supporting hundreds of thousands of people. Have you ever seen Americans crowd out Bill Gates? ”
B: "The cultural industry and the science and technology industry can't be said to have been created by Mr. Lin Zuhui, right?" How did he create it alone? ”
A: "Who proposed Gangliu, who developed comics, who started the online game industry, and who developed the software industry, all of them are people's companies, do you dare to say that they have nothing to do with Lin Zuhui?" ”
For a time, such debates in Hong Kong were everywhere.
In the past, Lin Zuhui's status and reputation in Xiangjiang almost had no bad reviews.
As time went by, the housing prices in Xiangjiang became higher and higher, and Lin Zuhui began to be affected.
Of course, on the whole, it is much better than the reputation of other wealthy people in Xiangjiang.
But in any case, Lin Zuhui began to vigorously charity, just to improve the external environment to the greatest extent.
........
Villa 75 Deep Water Bay.
Lin Zuhui's family is eating, including the eldest daughter-in-law Chen Xiujun, last year, Lin Zuhui was upgraded to grandfather, and Chen Xiujun gave birth to a boy for the Lin family.
Considering this reason, Lin Zuhui transferred the main shares of New Era Group to Lin Wenjie in trust at the beginning of this year.
"Wen Jie, in the future, if you two want to use a lot of money, want to invest, and want to enjoy life, you will spend it from the trust fund, and you don't have to be careful."
Lin Wenjie and Chen Xiujun did not fall into that kind of ecstasy in their eyes, they were relatively stable.
"The family office gives out a lot of money every year, and when I got married, Baba's mother gave me a lot of money, and I didn't realize that I was short of money in life." Lin Wenjie said calmly.
When he was in college, the living expenses given by his family were neither high nor low, which was the level of a wealthy family, and it was not okay to buy a luxury car, but there was no problem in buying a second-hand car; Then after working in the United States for two years, he took the initiative to not want the family's money.
After returning to Hong Kong to work (2010), Wang Lingyin gave him a one-time cash of 660 million, which was the money issued to him by the family office for 22 years, which is equivalent to saving for him as a mother.
When they got married (2012), Lin Zuhui and Wang Lingyin gave the couple a red envelope of 1 billion Hong Kong dollars.
Lin Zuhui said with a smile: "At this time and that time, you have already started a family and started a business, and you have been upgraded to Baba. Whether you enjoy life or invest, I will not interfere with your use of your own money. ”
Lin Wenjie and his wife nodded and thanked Lin Zuhui and his wife.
In fact, Lin Wenjie had already gotten Lin Zuhui's meaning in advance, and today's words were just for his daughter-in-law Chen Xiujun.
】
But in fact, if it is an investment, Lin Wenjie will still invest in the mode of trust fund, which means that it has little to do with Chen Xiujun.
This is a wealthy family, and the property is very well protected!
Assuming that there is something wrong with the two of them, Chen Xiujun can't share how much money she has given at all, except for what Lin Wenjie gave her.
Of course, when the two got married, Lin Zuhui and his wife gave their in-laws eight sets of mansions in Mid-Levels, worth hundreds of millions of Hong Kong dollars, showing the true character of the richest man in the world.
On the other side, Lin Wentao was bored eating, for fear that Lin Zuhui and his wife would ask him about personal matters.
Lin Wentao is only 23 years old this year, has worked for two years, and usually lives alone in a mansion in Mid-Levels, and the lace news is already available.
"Ling Yin, give him all the money Wen Tao received from his family since he was a child. How can you have a girlfriend without spending money! ”
Lin Wentao was first surprised, and then his face flushed slightly, after all, it was under the eyelids of his parents.
Wang Lingyin nodded and said with a smile: "It's good to spend money on getting a girlfriend, but don't give me too much!" "The warning is full of meaning.
It's very simple, you can date one, it's not suitable to change another, but you don't have to date at the same time, this is Wang Lingyin's attitude.
"I promise!" For the sake of money, Lin Wentao hurriedly said.
Wang Lingyin said again: "Your brother also worked outside for two years before he got this money. ”
Lin Wentao immediately said flatteringly: "Parents, I don't dare to think much about this, I have worked for almost two years, and I haven't asked you for a penny, at most I just live in the house at home." ”
Lin Zuhui said casually: "You have some ability, if you don't ask your brother for money!" ”
Lin Wentao opened his eyes wide and looked at Lin Wenjie incredulously!
Lin Wenjie hurriedly said: "It's none of my business, I can keep the secret!" ”
Lin Zuhui shook his head and said, "Soldiers are not tired of cheating!" ”
In fact, he will not urge Lin Wentao to get married or anything, at least he can relax the age of 30 before he can urge him to get married and have children.
As for when he will get the shares of Octopus Financial Group, at least he has to have descendants. For Octopus Financial Group, Lin Zuhui is not in a hurry to hand over the equity, anyway, half of the assets are not listed - Bank of Bahrain.
At present, the total assets of Octopus Financial Group are in the trillion scale, and the net assets of Octopus Bank have exceeded 500 billion, and the Bank of Bahrain is about the same number.
Last year, the Bank of Bahrain made $6 billion in dollars against the yen, Japanese stocks, and Nikkei.