Du Yuesheng, most people focus on his gangster achievements, but ignore his commercial capital. Is it that everyone wonders how much money a figure like Du Yuesheng has made in his life, and what level does he belong to by the current standards? Xiaobian can only say that the current standards are relatively virtual! A small event, the impact, may make a billionaire a poor person.
To say that Du Yuesheng controls how much property he has, he must analyze it little by little!
In Shanghai in the 30s, "gambling" was definitely the fastest means of accumulating wealth.
After Du Yuesheng followed Jin Rong, the first job he took over was the casino. Du Yuesheng is different from others, the money earned in the casino, he does not buy a house like others, deposit in the bank, but spend it all. Clear the debts of the good buddies of yesteryear and take care of their daily lives.
Du Yuesheng, who has a generous hand, from a small aspect, is respected by his brothers, and over time, there are more and more little brothers around him, and the casino that Du Yuesheng is responsible for is becoming more and more secure, and gradually annexes other casinos, one is dominant. In a big way, it was also during this period that he used the money in his hand to befriend Chiang Kai-shek and Dai Kasa, paving the way for later development.
Second, the industry that makes money fast is the "smoke house".
In the 1920s, opium was prevalent in the French Concession in Shanghai, and Jin Rong also wanted to intervene, but there was no way. Later, Du Yuesheng came up with an idea, not to let him participate in the partnership, then "grab".
Du Yuesheng quickly gathered some outlaws and pulled up a team to rob opium brought from all over the world. With one careful robbery after another, a large amount of wealth flowed into Du Yuesheng's pocket.
In July 1925, Jin Jinrong and Du Yuesheng found another gang leader, Zhang Xiaolin, and under the protection of the leasing and the authorities, set up a "Sanxin Company" in the concession, specializing in the opium business and monopolizing the opium business in the entire French Concession.
Compared with the other two, Du Yuesheng is more sleek and scheming, and he will make money from the casino and opium business to attract all kinds of people in society, from political dignitaries to literati rioters, hooligans, and everything.
Third, gradually whitewashed into industry and commerce, financial industry
With the change of the situation, the gang forces have also suffered an impact, although the profits from tobacco gambling can meet the needs, but Du Yuesheng believes that this is not the right way after all. In 1929, Du Yuesheng made a decision to found Zhonghui Bank, hoping to use the financial industry as a springboard to enter the industry and commerce in Shanghai.
In the first step, Du Yuesheng aimed his target - flour. Flour is an industry related to people's livelihood, with less investment, fast returns, and not outdated, becoming a key investment direction. However, in the Shanghai area, Du Yuesheng was blessed with unique conditions, and after the acquisition of Huafeng Flour Mill, with the support of the government, the underworld defeated all opponents and became the boss of the Shanghai flour industry. However, Du Yuesheng's ambitions were not limited to this, and he soon took advantage of his relationship with the Nationalist government to monopolize the source of flour production in the three provinces of Suzhou, Anhui and Zhejiang.
The second step is to enter the steamship shipping industry
The Shanghai gang, driven by politics and society in both directions, has expanded rapidly. At that time, China's railways and highways were not perfect, and steamship transportation played a pivotal role and was one of the most profitable industries.
Shanghai is also an economic center, and the profits of steamship companies can be imagined. At this time, the Dada Steamship Company, founded in 1904, has been occupying the passenger and cargo transportation from Shanghai Tiansheng Port to Yangzhou Huojiaqiao, with an annual profit of up to 1.5 million taels of silver.
However, in 1926, the founder Zhang Qian died, and it was because of two cargo ships that caught fire, suffered heavy losses, and faced bankruptcy.
Du Yuesheng used the gang means to get the Dada Steamship Company, a route could not meet his requirements, and later used the gang's relationship to open up the northern Jiangsu route, and has always occupied a monopoly position.
Relying on the above two steps, Du Yuesheng became an important figure in Shanghai's financial circles and industrial and commercial circles.
Chiang Ching-kuo once came to Shanghai to rectify the situation, commonly known as the "Tiger Crackdown", targeting not only the Kong and Song families, but also a green gang Du Yuesheng.
How much money does Du Yuesheng have! This is really immeasurable, we look at some things around him, take a look at the clues, and make a guess.
In Shanghai, Du Yuesheng has four mansions, one permanent one, with a large number of servants, five secretaries, 5 mr. bookkeepers, more than a dozen personal bodyguards, and various gentlemen hired for his family! According to relevant statistics, the annual consumption expenditure of this mansion is as high as 1 million oceans.
Let's not count the others, just talk about the consumption of du mansions.
During the Republic of China period, one yuan ocean can buy 30 pounds of rice, equivalent to the current price, a pound of ordinary rice is about 1.5 yuan, so converted down, one dollar ocean is equivalent to 45 yuan now. Then the annual consumption of Du Mansion is 45 million.
It's just about satisfying everyday consumption.
If you look at it from another point of view, such as the Republic of China period, the ordinary courtyard in Beijing is about 80-100 pieces of ocean, like the most luxurious three-in-one courtyard that Lu Xun bought, it only uses 3500 pieces of ocean, we use 1000 pieces of ocean to calculate, Du Mansion's annual expenditure, you can buy 1000 courtyards, if you use the current value conversion, it is even more difficult to estimate.
According to some researchers' estimates, Du Yuesheng may have 700 million ocean assets in his heyday, which is equivalent to nearly 32 billion assets now, which is only a pure numerical calculation and does not count as appreciation.