The Fok Ying Tung family property dispute continues in Hong Kong, and the two sides have agreed to adjourn the court to seek a better solution. Judge Lu Qikang also believes that the continuation of the case will have a very great impact on the reputation of the Fok Ying Tung family.
After the trial, Huo Zhenhuan and Huo Lina both expressed their intention to reconcile. Originally, Huo Zhenyu was going to testify in court, but now the court was adjourned, so his appearance in court was also postponed. However, when asked if he intended to reconcile, Huo Zhenyu did not say much.
The focus of the dispute between Huo Zhenyu and Huo Zhenhuan is whether the Fok Yingdong family company has the right to buy back the interests of 33,000 mu of land in Nansha. Huo Zhenhuan believes that the land rights belong to the Fok Ying Tung Foundation and should be used to support philanthropy and the development of the national economy. The eldest brother Huo Zhenting also supported Huo Zhenhuan's approach.
Huo Zhenyu,for his part, believes that his father never said that he would not earn money in Nansha, and he believes that Huo Zhenhuan concealed the fact that the family company had the right to buy back the rights and interests of Nansha land before 2007, harming his own interests.
The two sides have their own arguments from 2012 to the present, from the family to the court, and there is still no reconciliation. In fact, if you peel back the cocoon to see this matter, it can be said to be very complicated. Huo Zhenyu's real purpose may not be so simple.
When Huo Yingdong was still alive, he arranged for Huo Zhenting to inherit his sports career, Huo Zhenhuan to inherit his own career, Huo Zhenyu to inherit his career in Nansha, and Huo Zhenhuan to be the executor of his will together with Huo Zhenyu.
Fok Yingdong has a total of 3 wives and 13 children, all of whom receive living expenses from the family company. Everyone's living expenses were clearly arranged.
Huo Zhenyu and Huo Zhenhuan are both executors of Fok Yingdong's will, why does Huo Zhenhuan know the repurchase clause of 33,000 land in Nansha, but Huo Zhenyu does not know? Huo Zhenhuan had said that Huo Zhenyu also knew in 2007 that he was not interested at that time.
This is one of the doubts. So suppose Huo Zhenyu really doesn't know, then why does he have to take back the rights and interests of the land? In fact, don't say that Huo Zhenyu is Huo Yingdong's son, that is, the presiding judge believes that Huo Zhenhuan is inheriting Huo Yingdong's Dream of Nansha, and the network wind review is also completely on huo Zhenhuan's side, and everyone knows that Huo Yingdong's investment in Nansha is not for money, but for the development of the national economy and charity.
Why did Huo Zhenyu refuse to reconcile? The land belonged to the Huo Yingdong Fund, nor did it belong to Huo Zhenhuan, and Huo Zhenhuan and Huo Zhenting could not swallow it privately. Huo Zhenyu has always wanted to fight this lawsuit. In addition, Huo Zhenyu must know that the continuation of this lawsuit will have a very great impact on his father's reputation.
If Huo Zhenyu's side wins, then it is not to prove that Huo Yingdong invested in Nansha to make money, then the selfless image of Grand Duke Huo Yingdong will almost be affected. Huo Zhenyu has studied with Huo Yingdong since he was a child, and he has also been entrusted with heavy responsibilities by Huo Yingdong, and it is obvious that he is not a person without ability and social experience.
Then Huo Zhenyu must have known that his father valued reputation very much. At that time, if Fok Yingdong wanted to, he could completely replace Ho Hung-sun and become the gambling king of Macau. However, Fok Ying Tung has long said that investing in Macau gaming is to support charity, and later in order to fulfill his promise, more than 30% of the shares of Macao Entertainment were donated to the Macau Fok Ying Tung Foundation.
Huo Zhenyu had followed Huo Yingdong for a long time, and it was impossible not to understand Huo Yingdong's thoughts, so why did Huo Zhenyu risk damaging the reputation of the Huo family to fight this lawsuit with Huo Zhenhuan?
In fact, even if Huo Zhenyu wins this lawsuit, the rights and interests of the Nansha land do not belong to Huo Zhenyu alone, but belong to the Huo Yingdong family company, and even Huo Zhenhuan and Huo Zhenting have a share. So what is Huo Zhenyu's real purpose?
When the second room Huo Wenxun appeared in court, he revealed a lot of valuable information, the first information was the separation of families in 2012, in fact, it was not divided into 30 billion, but 16 people divided 2.5 billion. This is a huge gap with the wealth of Fok Yingdong that everyone imagines.
Huo Wenxun said that Huo Zhenhuan himself had three or four billion, but some of the other brothers did not even have 100 million, only tens of millions. Huo Yingdong's second and third bedrooms have a total of 7 sons. According to Huo Wenxun's statement, there were 2.5 billion points and 16 people in that year, and the big house was also divided more, so the 7 sons of the second room and the third room, each of them may only be divided into tens of millions.
Huo Wenxun also said one thing, that is, the other brothers are only tens of millions, and they still have to survive for decades, how to live? Many people may not understand that the children of the rich man Fok Ying Tung are now so poor. Of course, some people may say, at least there are tens of millions, how can it not be lived.
In Hong Kong, tens of millions is not good, and a better house is tens of millions. Huo Yingdong's sons are basically dozens of years old, they not only want to buy a house themselves, their children also have to buy a house, plus the cost of living of the family, tens of millions of really not good, basically have to shrink clothes and diet, not at all we imagine to live a life of gold and jade food.
So what does this matter have to do with Huo Zhenyu's lawsuit? In 1978, Huo Yingdong made the first will, and the will at that time was divided into 30 million yuan to Huo Zhenhuan, while Huo Zhenting and Huo Zhenyu only had 20 million, and at the same time stipulated that Huo Zhenhuan's monthly living expenses were 100,000, Huo Zhenting and Huo Zhenyu's living expenses were 50,000, and his daughter's living expenses were 10,000.
The inheritance of the other house women has not been disclosed, but it is certainly far less than Huo Zhenhuan. In addition, Huo Zhenhuan is the heir to Huo Yingdong's business, according to Huo Yingdong's arrangement, the second and third rooms cannot do business, Huo Zhenting takes over the sports career, Huo Zhenyu takes over the Business of Nansha, and the person who can do business is Huo Zhenhuan.
Therefore, Huo Zhenhuan should now be the richest of Huo Yingdong's children. Huo Wenxun also said that Huo Zhenhuan himself may have three or four billion, and the other brothers do not even have 100 million.
Huo Zhenhuan's representative lawyer also said that in the 2012 split family, Huo Zhenhuan once took out his own private assets to share with everyone in order to take into account the overall situation, in other words, some of the 2.5 billion yuan divided at that time were Huo Zhenhuan's private assets.
Fok Ying Tung is known as the top ten richest people in Hong Kong, why did he leave so few assets after his death? When Fok Yingdong was seriously ill in Beijing, he put his remaining billions into the Fok Yingdong Fund and stipulated that these funds must be used to support the development of Nansha.
Huo Yingdong once said in his autobiography that he hoped that his children would study well, become a professional, and slowly return to the ordinary, rather than succeeding themselves. In other words, Fok Yingdong gave most of his inheritance to philanthropy, and he did not want his children to continue to be rich, but hoped that he could support himself.
Seeing this, you may probably understand that the other brothers have a hard time, but Huo Zhenhuan himself is relatively rich, so Huo Zhenyu may force Huo Zhenhuan by fighting for the land in Nansha. Let Huo Zhenhuan finally compromise and give more private wealth to the other brothers. Of course, no matter what, Huo Zhenhuan and Huo Zhenyu are not for their own sake, they all hope that the Huo family is better, but the starting point is different, everyone is a family, or they should sit down and talk, rather than go to court.