When it comes to the second generation of the rich, many people will think of Wang Sicong. He does not have to worry about the house and the car, living a life of spending money every day, and the one I want to talk about today is also a descendant of the giants, he likes to throw money and like beautiful women like Wang Sicong, this person is Jho Low. What kind of unusual life does this rich descendant have?
Everyone knows that Wang Sicong is a rich second generation, but Liu Tezuo is a rich third generation, and the reason why he can be born with no worries about food and clothing is because from his grandfather Liu Mingda, he has laid a solid foundation for him. In the 1940s, due to the war, Liu Mingda had to come to Thailand from Guangdong and became a Thai Chinese. Later, Liu Mingda began to contract land in Thailand, relying on his clever business acumen to make a lot of money. Although he did well in Thailand, he could not meet the educational needs of the Chinese here. So in order to let his children receive a better education in the future, Liu Mingda chose to sell all his family property in Thailand and then came to Malaysia with his whole family. Here, Liu Tezo's father, Liu Fuping, was born.
Liu Fuping can be said to be a real rich second generation, because Liu Mingda began to invest after coming to Malaysia, from minerals to real estate, and made a lot of money from it. With such family conditions, Liu Fuping's starting point is much higher than others. But as the Liu family's business grew bigger and bigger, the responsibility on Liu Fuping's shoulders became heavier and heavier. In order for his son to successfully take over the family business in the future, Liu Mingda chose to send Liu Fuping to study abroad. He first studied at the London School of Economics in the United Kingdom, and then came to the University of California in the United States to study business administration and successfully obtained a master's degree.
After completing his studies, Liu Fuping returned to Malaysia and took over the family business from his father. Although I have learned a lot of professional knowledge abroad, there is still a gap between theory and practice. Liu Fuping's first investment failed and almost went bankrupt. Fortunately, he seized the opportunity of the development of the stock market and filled this big hole.
After Liu Tezuo was born, Liu Fuping was more strict with him, and he hoped that his son could lead the Liu family industry to a higher class. Therefore, Jho Low was sent to some aristocratic schools from an early age, allowing him to enjoy the best educational resources. When he reached the age of secondary school, his father also sent him to the best private school in Britain. Attending an aristocratic school, in addition to receiving a better education, also enjoys the best interpersonal resources. Here, Jho Low met many of the children of wealthy families, including some members of the royal family, the most important of whom was Malaysian Prime Minister Najib Razak. Razak's son Riza. Aziz, one of the key figures who changed Jho Low's life.
Although Jho Low is a rich third generation, in the eyes of these children of the rich and noble, he is not an important person, and even a little incompatible with them, but Jho Low has changed this situation by himself and successfully entered the circle of high social circles. How did he do it? At this point, Jho Low gave full play to the advantages of the businessman. Although he had not yet taken over the family business at that time, from an early age under the influence of his grandfather and father, Jho Low also learned the essence of a businessman, that is, he was good at packaging and marketing himself.
In fact, Jho Low's method of marketing himself is also very simple, that is, to throw money. For example, his 20th birthday, this birthday party was a lot of money, it is said that he invited all the students who could rank in the school at that time, and they were very generous, and these also became his future connections.
During his school days, Jho Low spent money like water, and after graduation, he spent even more money. However, the money he spent after graduation was not squandered the family's property, but "earned" by himself. It's not so much about earning as it is about being cheated. This sentence sounds a little incredible, after all, Jho Low is a real rich third generation, how can he cheat money? What's going on here? After graduation, Jho Low also began to engage in investment, but he is different from Liu Mingda and Liu Fuping, most of his investment relies on playing some small cleverness to fool others, never like his father and grandfather to do business in a down-to-earth manner, to say more directly, Jho Low is in the empty glove white wolf.
The specific incident will start from 2003, when Jho Low was still frantically expanding his circle of friends. Introduced by a friend, he met Otaba. The man, Orteba, was then an adviser to the Crown Prince of Abu Dhabi in the United Arab Emirates, with a wealth of political resources. In 2007, Malaysia's Treasury Holdings began to recruit investment partners, and Malaysian Prime Minister Najib's stepson Zizi za thought of his friend Jho Low when he was in school and wanted to invite him to invest. But at that time, Jho Low did not have much money in his hands, and it was impossible to invest. However, Jho Low could not let the rich man he had painstakingly built up over the years collapse, so he could not refuse Riza's invitation and finally accepted.
Of course, this money can not be his own, this time he has a clever move, began to choose the right person in the circle of friends, so he thought of Otaba. Although Otaba knows a lot about political affairs, he is a small white in the business world, so Jho Low fooled him with a few words. At that time, Jho Low specifically told him about his relationship with Riza, coupled with the strength of the Jho Low family itself, so that Otebba believed in him, and finally Otebba, as an adviser, successfully persuaded the crown prince to invest in the project. Jho Low did not pay a penny in the entire transaction process of the project, he only played the role of an introducer, but after the transaction was concluded, he got a lot of benefits.
This incident made Jho Low taste sweet, he realized that his circle of friends is so easy to use, so why not make more money? So Jho Low set up several shell companies and began to package himself so that those in his circle of friends could convince him.
In 2009, Najib was successfully elected Prime Minister of Malaysia and established the 1MDB Wealth Fund. Jho Low naturally did not give up on this big patron, and soon after, he became an unofficial adviser to the company, and he himself often referred to himself as the prime minister's chief adviser. Later, Jho Low began to use his personal resources to attract transactions, and after each transaction was concluded, he was able to get a huge commission. Under the high-profile packaging, Jho Low also attracted many people to invest in his own Airbus company. With such means, Jho Low soon became a billionaire, and he was only 27 years old at the time.
After making money, Jho Low began to frantically pursue actresses from all over the world, one of whom was Xiao Yaxuan, a singer who was very familiar to everyone. It is said that at that time, in order to pursue Xiao Yaxuan, Jho Low did not hesitate to buy a newspaper front page to publish a confession of love. However, anyone who knew Xiao Yaxuan knew that she was a small fresh meat killer. 20 years of 17 boyfriends, all of them are handsome, the average age is only 23 years old. For a greasy man like Liu Tezo, who was rich and powerful, Xiao Yaxuan was unwilling to take a more look, so no matter how he pursued, Xiao Yaxuan did not agree. However, Jho Low was still quite persistent, and later spent tens of millions of yuan to rent a private beach and a six-star luxury hotel for Xiao Yaxuan in Dubai, intending to propose to her here. According to relevant media reports, the two also had dinner together at that time. But then Xiao Yaxuan told the media that she only regarded Liu Tezuo as a younger brother, the two were not together, and the gifts he sent were not received.
Shortly after the storm between Jho Low and Xiao Yaxuan, his scandal with another female star appeared in the report, this time the heroine was the American actress Lindsay. Rohan. Jho Low smiled at Bo Meiren and threw $2 million to throw a 23rd birthday party for her. That night, 23 bottles of French champagne were opened for $50,000 alone. However, the relationship did not last long.
After getting rid of Lindsay Rohan, Jho Low fell in love with Paris, the gold of the Hilton Hotel. This time, Jho Low also used the same means: throwing money. He specially threw a champagne party for Paris, this time more generously, spending more than ten million dollars on wine alone, but the two broke up quickly after being together.
In 2014, Jho Low began to frantically pursue the world's most beautiful supermodel Miranda Kerr. He first bought a heart-shaped diamond ring for $1.29 million, and then spent a lot of money on a piano for Miranda Kerr. After the two were together, Jho Low also bought a $250 million yacht just to be able to live a romantic duo with Miranda Kerr. It is said that on Valentine's Day, Jho Low also spent half a billion yuan to buy her an 11.72 carat diamond. The relationship was relatively long compared to the previous one, but it lasted only one year before it ended.
It's just that Jho Low didn't go on this scene, and the money he earned by flickering before would make him pay a price sooner or later. For years, Jho Low has been laundering money from several of his shell companies. Although he was frantically tempted on the edge of the law again and again, under the protection of the Najib family, he escaped the police on many occasions. It's just such a high-profile style that it is difficult for the police not to pay attention to him. In 2016, Jho Low was implicated in a money laundering case, and the police began to investigate him. But at that time, Najib was still in power, and no one could control him. Soon after, Najib lost the election and Jho Low's umbrella was completely gone.
Subsequently, the US Department of Justice began an in-depth investigation of Jho Low, and without checking, he found that the hidden plot behind this was so terrible. Najib has always relied on his authority to protect Jho Low, not because he believed his packaging, nor because of how good his relationship with his stepson was, but because the two of them had already colluded together. The investigation found that Najib and Jho Low had transferred $4.5 billion from 1MDB through illegal means. It turned out that Jho Low had started money laundering after becoming an unofficial adviser to 1MDB, and if it were not for Najib's defeat, the scam would have continued.
So why did the U.S. Department of Justice meddle in this? This was because Goldman Sachs was trapped in the financial crisis of 2008, so Goldman Sachs' head of Asia approached Jho Low and wanted to work with him. After this cooperation was reached, Jho Low actually wanted to use goldman Sachs fame to attract investment. So he used his usual trick to pull Goldman Sachs into his plan to empty gloves white wolf. But in the end, Jho Low even wanted to cheat Goldman Sachs, and even directly transferred hundreds of millions of dollars of its financing, which also had a scene of the US Department of Justice's involvement in the investigation.
After the investigation, the police also launched a comprehensive search of several residences of Jho Low, from which a large number of luxury bags and watches were found, including more than 10,000 pieces of jewelry alone, and a total of 25 bags of gold. At that time, in order to inventory these items, more than 150 staff members were sent, and it took them more than a month to liquidate. Then the luxury yacht that Jho Low bought at great expense was also seized, and when the inside of the yacht was exposed, it was even more surprising. Inside, there are not only 10 rooms, but also a steam sauna, elevator, cinema, etc., and there are basically all the entertainment facilities that can be seen outside. The most shocking thing is that this yacht even has a helipad on it. In addition to luxury yachts, other assets such as his private jets have also been seized and auctioned off.
However, at this time, Jho Low had already heard the news and fled. But then the Justice Department issued a surprise announcement that said they had reached a settlement with Jho Low to recover $700 million in assets and be fine. Doing so many illegal things, the result is that in the end, taking money to solve the problem is worthy of "banknote ability". However, in these cases, in addition to the United States, several other countries were involved. If they insist on not sparing Jho Low, then his future life will certainly not be better.
As soon as Jho Low was born, he had everything that no one else could match, and his father paved the way for him early in life. And he himself has academic qualifications, resources, and brains, and if he can do business as diligently as his grandfather and father, he will not fall to this point. His decades have indeed been wonderful, but to satisfy his self-greed through illegal means, sooner or later he will cut off his own path.
There is a saying that the rich are not more than three generations, which seems to have been confirmed from Liu Tezuo, if he still insists on developing in this way, then the Liu family's industry will be destroyed by him sooner or later. #富豪 #