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Wang Yonghong, a wealthy real estate businessman: 70 billion yuan in debt, fled abroad with a female star, and his father died and did not return

author:Oriental History

In 2000, the real estate industry full of big guys came in a daze.

This stunned Qingqing took out all his funds, bought a 600-acre field outside the fifth ring road of Beijing, and said ambitiously: "With this piece of land, enter the real estate and embark on the peak of life, it is just around the corner!" ”

This can make the real estate bigwigs laugh badly, who do not know that this land is remote and has no development value. You look at the old foxes in the circle, which one is willing to bid? This stunned young man who has just stepped into the real estate industry has become a wronged head this time.

However, what makes all the big guys fall through the glasses is that a few years later, this stunned young man really made a lot of money with this "worthless" land, and became a leader in the real estate industry.

This stunned Qingqing is Wang Yonghong, a famous real estate rich businessman in Jiangxi Province, on the mainland.

Wang Yonghong, a wealthy real estate businessman: 70 billion yuan in debt, fled abroad with a female star, and his father died and did not return

Wang Yonghong

This real estate genius, who rose with incredible ability and speed, retired from the business stage in an incredible way and with an incredible ending not long after his success.

He was saddled with a huge debt of 70 billion, his business empire collapsed completely, and he fled abroad in a hurry amid overwhelming scolding. In order to escape the punishment of the law, even when his old father died, he was reluctant to return to China for mourning.

So, how did Wang Yonghong succeed and how did he go to failure? After fleeing abroad, was he finally brought to justice?

Today, let's approach Wang Yonghong and see his legendary experience and awkward ending.

From automobiles to real estate, Wang Yonghong became the richest man in Jiangxi by relying on 600 acres of "waste land"

Wang Yonghong was born in 1972 to a cadre who ate public grain and a gentle and virtuous housewife to her mother. Born in such a well-off family, it can be said that Wang Yonghong has lived superior and happy than other ordinary children since she was a child.

But it is precisely because of this family environment that Wang Yonghong has had strong self-esteem and a proud personality since she was a child. In adolescence, Wang Yonghong was even more rebellious, confronting his father everywhere, and what his father asked him to do, he did not do.

After graduating from the major in business administration, Wang Yonghong had no time to suffer a beating from society, and was arranged by her father to enter Jiangxi Zhongcheng Industrial Company.

Wang Yonghong, while disgusted with his father's tyranny, had to accept the care of his father's network, in just half a year, other graduates have not been able to turn from interns to regular, he has been promoted all the way to sit on the throne of the company's deputy general manager.

Wang Yonghong, a wealthy real estate businessman: 70 billion yuan in debt, fled abroad with a female star, and his father died and did not return

Enjoying the privilege is bound to withstand condemnation, many people in the company are dissatisfied with Wang Yonghong, and the discussion behind it is worse than a sentence, which makes the young and vigorous Wang Yonghong very angry, and he can't stay in the company more and more.

At the end of 1995, my father once again said to Wang Yonghong: "Do a good job in the company and strive to rise another liter before the New Year." ”

Wang Yonghong finally couldn't bear it, and he broke out into a fierce quarrel with his father, threw away the iron rice bowl that everyone envied, and went to Beijing with his luggage.

After arriving in Beijing, Wang Yonghong found that society is not as simple as he thought.

Wang Yonghong, a wealthy real estate businessman: 70 billion yuan in debt, fled abroad with a female star, and his father died and did not return

Without his father's shelter, he worked hard to find a job that was barely satisfactory. This job is an ordinary employee in a comprehensive gas station that integrates auto repair, refueling and maintenance, although it is not as decent and prestigious as his previous deputy general manager, but the salary and welfare benefits are also very good.

At this time, cars have not yet entered thousands of households, and the matching car service industry is naturally a domestic emerging industry, which is not common in large cities such as Beijing, Shanghai and Guangzhou, let alone in second- and third-tier cities.

Wang Yonghong's sense of business is very keen, after working at the gas station for a period of time, he feels that the auto service industry is in the cusp, as long as he catches up with this wave as soon as possible, he will definitely be able to earn it a full pot!

Wang Yonghong, a wealthy real estate businessman: 70 billion yuan in debt, fled abroad with a female star, and his father died and did not return

Wang Yonghong wanted to quit his job to become his own boss and start his own car service brand, but the problem arose, he did not have the capital to start a business. It has only been a few years since he graduated from the job, and he usually spends money and spends a lot of money, where is the money in his hand?

However, Wang Yonghong did not panic, because he knew that he had a very "reliable" father.

For the sake of his own fortune plan, Wang Yonghong put away his rebellious heart and went home to ask his father for help.

After that, Wang Yonghong and his brother Wang Jihong, with the entrepreneurial funds funded by their father, registered and established the Zhonghong Zhuoye Group in Beijing.

The business scope and business model of Zhonghong Zhuoye Group are imitated by the comprehensive gas station where Wang Yonghong worked before. At first, it was just car maintenance and value-added services, but after getting a license to operate a gas station, the company has successively opened many gas stations in various urban areas in Beijing.

Wang Yonghong, a wealthy real estate businessman: 70 billion yuan in debt, fled abroad with a female star, and his father died and did not return

Standing on the cusp of the automotive industry, Wang Yonghong did not take much effort to achieve success. But Wang Yonghong was not satisfied, he wanted to be more successful, to go further, to let everyone give him a respectful thumbs up as soon as he mentioned it, and to punch the faces of those in his hometown who looked down on him and said that he would only rely on relationships.

But just when he was ambitious to make his brand bigger and stronger, the business situation changed a lot.

With the slow popularization of cars, many private enterprises and "national teams" have joined this wave, and the competition in the industry has become more and more fierce, and finally Wang Yonghong can only helplessly give up his ambitions and find another way out in other industries.

Wang Yonghong, a wealthy real estate businessman: 70 billion yuan in debt, fled abroad with a female star, and his father died and did not return

In 2000, Wang Yonghong packaged and sold all of his group's gas stations to CNPC, and then he recklessly plunged into the real estate industry with this huge amount of money.

In Beijing, where the rich are everywhere, Wang Yonghong can only be called a small and successful businessman, and many real estate tycoons have not paid attention to him at all. However, soon, Wang Yonghong made his "fame" in the circle.

As we said at the beginning, Wang Yonghong used the money saved from the sale of gas stations to buy 600 acres of crop land outside beijing's fifth ring road, which became a joke in the entire real estate industry for a while.

Wang Yonghong, a wealthy real estate businessman: 70 billion yuan in debt, fled abroad with a female star, and his father died and did not return

This piece of land was not asked for in several and three competitions, and finally Wang Yonghong, the wronged boss, took it into his pocket, and in the following years, the land seemed to be forgotten by Wang Yonghong, and there was no movement to be developed.

In 2008, the 29th Summer Olympic Games was held in Beijing, and the construction of Olympic venues and the progress of the events directly promoted the development of Beijing's urban planning to the east. As a result, the "wasteland" that made Wang Yonghong laughed at for several years suddenly made the top real estate tycoons blush.

Wang Yonghong turned over as a serf and sang, and with a single blow, he developed the 600 acres of land into more than 9,000 sets of commercial housing, becoming a hot boss in the real estate industry, and he himself became the youngest richest man in Jiangxi Province with strong financial resources.

The female star smiled, and many investments failed one after another

When making his career legendary and successful, Wang Yonghong's love also vigorously caused a lot of discussion.

In 2010, Wang Yonghong met a female star who had just debuted by chance. Her beauty, sexiness and coldness struck Wang Yonghong deeply into her heart, making him fall in love involuntarily.

This female star is Han Xiting, who played Yichun in the movie "Jinling Thirteen Chao", born in 1987, a full 15 years younger than Wang Yonghong.

Wang Yonghong, a wealthy real estate businessman: 70 billion yuan in debt, fled abroad with a female star, and his father died and did not return

Han Hee-ting

In order to win the favor of the beauties, Wang Yonghong was very generous, and he wanted what he wanted and responded to everything he wanted.

In 2013, Wang Yonghong took Han Xiting to Christie's Autumn Auction in Hong Kong, where he spent 120 million Hong Kong dollars to auction a Qianlong pastel official kiln dragon and phoenix bottle for Han Xiting.

In addition, in order to pave the way for Han Xiting in the entertainment industry, Wang Yonghong has made many investments in many fields such as film and television, entertainment, and games, and her career has been many and complicated. In the end, the beauty's favor was won, but all the money thrown out was lost due to the failure of the project.

As we said before, the influence of the family environment and growth experience makes Wang Yonghong's personality very proud, plus from childhood to adulthood, there is a father behind his back to give him a bottom, so even if the investment fails one after another, Wang Yonghong is still blindly arrogant and does not have a vigilant heart.

Wang Yonghong, a wealthy real estate businessman: 70 billion yuan in debt, fled abroad with a female star, and his father died and did not return

Not long after, Wang Yonghong put the investment target on tourism real estate.

At that time, tourism real estate was also a new industry in China, and the cake looked big, but it was not easy to do. However, Wang Yonghong believes that this is another favor of heaven for himself, he is the "son of heaven" in the real estate industry, destined to seize the outlet of tourism real estate and rise again.

Wang Yonghong was very wrong. The good thing of turning 600 acres of wasteland into gold and gluttony will only happen once, and rushing into the tourism real estate industry will sound the death knell for his business empire.

Despite the opposition of everyone, Wang Yonghong insisted on shifting the focus of the development of Zhonghong Group to tourism real estate. He bought two foreign tourism companies and mortgaged part of the zhonghong group to the bank in order to obtain the right to develop an artificial peninsula in Hainan.

In the end, Wang Yonghong raised a huge amount of 6 billion yuan and launched a tourism real estate in Hainan with great fanfare.

However, not long after the artificial island was developed, it was exposed to quality problems and was fined nearly 40 million yuan by the relevant departments.

The scandal not only seriously affected the reputation of Zhonghong Group, but also brought tens of billions of losses to it.

At this time, Wang Yonghong's other investments are also a mess, either losing money here or losing money there, and all projects are heavily indebted.

Wang Yonghong, a wealthy real estate businessman: 70 billion yuan in debt, fled abroad with a female star, and his father died and did not return

The debt of 70 billion fled abroad, and his father died and did not return

In June 2018, Zhonghong Group broke the capital chain due to Wang Yonghong's random investment, and the company suffered serious losses. In order to support the normal operation of the enterprise, Zhonghong Group had to transfer 2.228 billion shares of listed shares to Xinjiang Jialong Tourism Co., Ltd.

On the surface, this transaction is a hero breaking his wrist to survive, but behind it is Wang Yonghong's illegal transaction.

Not long after the accident on the artificial island, Wang Yonghong secretly signed an equity acquisition agreement with two local tourism development companies in Hainan, selling Zhonghong Group for 6.15 billion yuan without the board of directors, shareholders and relevant departments.

At the end of 2017, Wang Yonghong, carrying the 6.15 billion yuan illegally cashed out, took the small hand of female star Han Xiting and fled abroad before everyone could react.

On September 4, 2018, the mess of Zhonghong Group finally could not be sustained, and the Shenzhen Stock Exchange made disciplinary punishments against Zhonghong Group after in-depth investigation, publicly condemning the people in power, Wang Yonghong and Wang Jihong.

On October 3, the China Securities Regulatory Commission (CSRC) opened an investigation into Zhonghong Group. At the end of December, the once-popular "Zhonghong Shares" was officially delisted, and Zhonghong Group declared bankruptcy.

Wang Yonghong, a wealthy real estate businessman: 70 billion yuan in debt, fled abroad with a female star, and his father died and did not return

Until this time, many people still did not understand, obviously at that time, Zhonghong Group did not come to the end, why did Wang Yonghong so decisively abandon this business empire he had built, and fled abroad without turning back?

This question was not answered until the bankruptcy liquidation of Zhonghong Group.

According to the investigation, Wang Yonghong has huge debts in many financial institutions such as Oriental Assets, Ping An Credit, China Merchants, Pudong Development, Huarong, etc., with a total of up to 70 billion yuan.

That is to say, on the surface, Wang Yonghong has a large number of housing and a large piece of land, but in fact, these houses and land are not enough to pay off debts, and those buyers who trust him to buy his house have a high probability of paying money and not having a house.

After a lifetime of hard work and hard work, I saved a little money, happily bought a new house, met such an unscrupulous businessman, the blood and sweat money was all adrift, and the buyers cried in despair, desperate to find Wang Yonghong.

Wang Yonghong, a wealthy real estate businessman: 70 billion yuan in debt, fled abroad with a female star, and his father died and did not return

However, what was Wang Yonghong doing at this time?

In Europe, he sat in the luxurious extended Lincoln, lived in a palatial Marriott mansion, pulled the beautiful Han Xiting, and lived a happy life of traveling around the world.

At the end of 2018, the father who made Wang Yonghong eager to get rid of and rely on him with a thick skin, because of his son's shamelessness and illegal behavior, became depressed and died of illness.

Subsequently, his brother Wang Jihong called Wang Yonghong and asked him to return to China for funerals. However, Wang Yonghong knew that as long as he stepped into the country, he would be severely punished by the state.

Therefore, this man, who was cruel to the buyers and had no filial piety to his father, categorically refused the request to return to China for mourning and continued to live happily abroad.

Wang Yonghong, a wealthy real estate businessman: 70 billion yuan in debt, fled abroad with a female star, and his father died and did not return

However, Skynet is not leaking, and since you dare to break the law, you must be prepared to be severely punished by the law!

At the end of 2019, the police arrested Wang Yonghong in Hong Kong after many efforts, waiting for this legendary, black-hearted, fierce, ruthless adulterer, which will be the most severe punishment of the law!

postscript:

Wang Yonghong was protected by his father all his life, but he was unwilling to run for his father's return to China to mourn, which can be described as filial piety; he was trusted and supported by consumers, but he cheated them of a lifetime of hard-earned money through the sea pit, which can be described as unjust; supported by national policies, but he violated the law and fled abroad without thinking of repentance, which can be described as disloyalty.

Such unfaithful, filial piety, and unrighteous people will surely be reviled by the world and severely punished by the law!