Chen Zhiyuan, the founder of Berjaya Malaysia Group, is known as "Mr. 10 Billion", and his "first pot of gold" is related to obtaining a McDonald's franchise. He served his mother to filial piety, because his mother could not stand the nickname of "Chen Zhiyuan's mother who sold McDonald's", and he painfully cut off his love and sold the management right of McDonald's.
Chenggong Group's annual operating income exceeds 20 billion yuan, Malaysia 7-Eleven, Starbucks, etc. are his industries, even so, when Chen Zhiyuan's name is mentioned, outsiders still like to call him the uncle of Andy Lau's wife Zhu Liqian, or say that he is the owner of the Premier League team Cardiff City Football Club.
Andy Lau's wife's uncle, Chen Zhiyuan, made the list worth $905 million
Founder of Berjaya Malaysia Group, Tan Sri Chan Chi Yuen
Recently, Forbes magazine released the list of Malaysia's 50 richest people in 2022, and Vincent Tan, the founder of Berjaya Malaysia Group, is the 21st richest man in Malaysia, with a wealth of 905 million US dollars.
Chen Zhiyuan, known to outsiders as "Mr. 10 Billion", has ranked low in the Malaysian Rich List in recent years, and he was squeezed into the top ten richest people in the 2009 Forbes Malaysia Rich List.
Chen Zhiyuan, the founder of Berjaya Group malaysia, is currently the Honorary Chairman of Berjaya Group, and is also the Chairman of Berjaya Land Group, Berjaya Sports Betting Group, Cosway Group, Berjaya Auto, Success Assets, Success Food, Success Media, Yilian Holdings, Litong, 7/11 and many other listed companies.
In addition, Chen Zhiyuan is also the chairman of Cosway (China) Commodity Co., Ltd., a shareholder of Facebook, a social networking site of a listed company in the United States, a major shareholder of Malaysia's 7-Eleven convenience store and MOL, and the chairman of Premier League football club Cardiff City.
Tan Chee Yuen is also one of the well-known Malaysian overseas Chinese leaders, he is the Honorary President of the Federation of Hokkien Communities in Malaysia, and also serves as the Chairman of the Foundation for a Better Malaysia.
Premier League side Cardiff City Football Club boss Chen Zhiyuan
Founded by Chen Zhiyuan, The Success Group has successfully diversified its business areas in the fields of real estate, gaming, stock market brokerage, manufacturing, trading, catering, utilities, insurance, telecommunications technology and telecommunications, and financial investment.
As early as 1980, Chen Zhiyuan earned the "first pot of gold in his life" for obtaining a franchise from McDonald's in Malaysia, and as the founder, he helmed the Success Group that he acquired in 1985 and successfully launched the stock market on January 3, 2006. In addition to McDonald's, Chen Zhiyuan is also the first person in Malaysia to successfully introduce brands such as 7-Eleven and Starbucks.
In 1985, Chan Chi Yuen obtained the right to operate the privatized Duoduo Sports Lottery from the Malaysian government, which also laid a solid foundation for the development of Chenggong Group. The gambling industry is very popular in Southeast Asia, and it has also spawned many rich people. In addition to Chan Chi Yuen, Malaysian billionaires such as Lim Kok Thay, the second son of the late Malaysian gambling king Lim Woo-tung and current chairman of Genting Group, and Chen Lip Keong, founder and executive director of hong Kong 03918.HK, are also well-known Malaysian gaming tycoons.
For many fans, Chen Zhiyuan's name is naturally associated with the owner of Premier League team Cardiff City Football Club. It is very interesting that after he took charge of Cardiff City Football Club, he believed that only red would bring good luck to the team, and despite the opposition of the fans, he changed the blue bird in the logo of the Premier League club nicknamed "Blue Bird" to a red dragon, and even changed the jersey to red.
In february, Cardiff City's monthly loss of 2 million pounds also made Chen Zhiyuan unbearable, a little discouraged, after more than 10 years, he may have deliberately given up, it is said that three buyers, including West Asian businessmen, have appeared.
Chen Zhiyuan
Chen Zhiyuan, whose ancestral home is Yongchun, Fujian Province, and he and the "richest man in Malaysia" Guo Henian family, the founder of the Malian industry in Xiamen Haicang, Qiu Jibing family and other Malaysian Chinese billionaires are all ancestral to Fujian, but there will also be competition among fellow villagers, and there will also be "swords and swords" in the shopping mall, and there will be open and secret struggles.
Many years ago, the Qiu Jibing family of Malian Industries had intended to merge their company with the Berjaya Group, but in the end they failed to do so. Unexpectedly, later, the Qiu Jibing family, who also liked to play mergers and acquisitions, launched a long-term business struggle with the Chen Zhennan family engaged in the gaming industry and Chen Zhiyuan of the Chenggong Group, often opening up hostile acquisition wars with each other.
There is competition in the business field, and there will naturally be cooperation. Chen Zhiyuan has a close business relationship with the Tsai family in Taiwan. Choi Chung-han, the eldest son of Taiwan's Cathay Financial Holdings Tsai Hong-tu, became a non-independent and non-executive director of 7-Eleven Holdings Malaysia, a subsidiary of Chan Chi-yuen in 2019.
Chen Zhiyuan is filial to his mother, and the eldest daughter is a famous Lady of Malaysia
Chen Zhiyuan returned to Yongchun with his mother (front row 2, right) and his family to visit their families in Yongchun in 2016
Chen Zhiyuan was born in 1952 in Batu Pahat County, Johor, Malaysia, with his ancestral home in Lunshan Village, Taocheng Town, Yongchun County, Fujian Province.
In the 1930s, Chen Zhiyuan's grandfather went to Nanyang from Yongchun to make a living in order to "make a living". When he first arrived in Malaysia, he went to a rubber plantation to cut rubber, and later opened an inn, and by the time Helm Chan's father, Tan Lam Hui, arrived, he was already a construction contractor. However, Chen Zhiyuan is relying on his own bare hands, in the business world to lay a foundation in the business world, he is not the "second generation of the rich", when he was 16 years old, his father's business failed, leaving Chen Zhiyuan and Chen Zhicheng brothers with only the word "hard work".
Tan Chee Yuen is the founder of Berjaya Group and a malaysian billionaire, and his brother Tan Chee Shing is also the founder of Tropicana Corp Bhd.
Yongchun is a famous hometown of overseas Chinese, and there is a saying in history that "nothing will never open the market". At present, the number of overseas people who originally belonged to Yongchun is equivalent to the total number of registered residents of the county. According to the "Liu'an Liu Family Genealogy", as early as the fifth year of Xuande in the Ming Dynasty (1430), there were Yongchun people who went to Nanyang.
Lin Lianyu, who is called the "soul of the clan" by the Malaysian Chinese, is a Yongchun person. In Malaysia, there are many overseas Chinese and wealthy people from Yongchun, such as Tan Sri Datuk Cheng FuCheng, president of the Federation of Fujian Associations in Malaysia, Chen Zhiyuan, founder of Berjaya Group, Lim Kwok Cheung, acting president of the Malaysian Chinese Chamber of Commerce, and Li Shenjing, the late founder of IOI Group, all of whom are ancestral to Wing Chun.
Incidentally, the hometowns of Chen Zhiyuan, The Datuk of The Marisia Royal Family, and Datuk Chen Tianlai of the Marisia Royal Family, are all Lunshan Village, Taocheng Town, Yongchun County, and there are more than 4,000 overseas Chinese in the village. In October 2016, Chen Zhiyuan's family returned to Yongchun to visit their ancestors, and at that time, Chen Zhiyuan returned to his hometown with chen Zhiyuan to visit his ancestors, including his 90-year-old mother Low Siew Beng, his sons Chen Yongqin, Chen Youmin, Chen Youjiang, Chen Youliang, and niece Chen Wanting.
Chen Zhiyuan
Chan Chi Yuen, known in Malaysia as "Mr. 10 Billion", not only controls the successful group listed in Malaysia, but also his companies are listed in Hong Kong, The United Kingdom, the United States, Canada and the Philippines.
When Chen Zhiyuan was 16 years old, due to his father's business failure and family failure, he had to drop out of school to earn a living on his own, and later worked as a clerk in a bank, and a few years later he worked part-time to sell insurance.
In 1973, when Chen Zhiyuan was working as an agent for AIA Insurance Company in the United States, he accidentally spent RM3 to buy a copy of the American "Time Magazine", and was attracted by a "Hamburger Kingdom" report, so he came up with the idea of selling hamburgers to get rich. When he returned home, he wrote a letter to McDonald's U.S. headquarters to apply for a franchise in Malaysia. Although he never received a reply, he wrote hundreds of applications to McDonald's over the next seven years, and McDonald's headquarters staff were impressed by the young man's name "Vincent Tan."
Chen Zhiyuan later said: "I was too young at that time, and they refused my request. In December 1980, the 28-year-old Chen Zhiyuan defeated a number of powerful consortiums and finally obtained the franchise of McDonald's, which was also Chen Zhiyuan's perseverance and persistence, which made him successful.
For a long time, Malaysians saw Chen Zhiyuan's mother on the street and called her "Chen Zhiyuan's mother who sold McDonald's", and the old man could not stand it later, so he asked Chen Zhiyuan to give up the right to operate McDonald's. His mother later said to people: "Everywhere I went, some people said that it was Chen Zhiyuan's mother who sold McDonald's, and I couldn't stand it, so I let my son sell it." Now that I think about it, I regret it, it was a good business. However, his mother also said, "It's all because of me!" The son is also very filial. ”
Chen Zhiyuan, in addition to the introduction of McDonald's, he is also the first person in Malaysia to introduce 7-11 convenience stores and Starbucks. In 1984, he was granted a 7-11 franchise, and in the 1998 financial crisis he introduced the then-unpopular Starbucks.
Chen Zhiyuan and eldest son Datuk Seri Tan Yong Chin (left)
Chen Zhiyuan, who has 11 children, due to the diversified operation of Chenggong Group, his children are also mostly distributed in its subsidiaries, which also belongs to the inheritance model of "division of labor without separation of families".
In 2012, Chen Zhiyuan had already announced his retirement and handed over the baton to his eldest son, Datuk Robin Tan, but five years later, Chen Zhiyuan returned to the coaching position of the Successful Group, and in recent years he has handed over the baton again.
Although Chen Zhiyuan is a Chinese entrepreneur, he, like Buffett, decided to donate at least half of his wealth to charity. Chen Zhiyuan once said: "For the best of good, my 11 children are very supportive of my decision. I will leave enough assets for my children to live comfortably, but not to sit back and enjoy them. ”
Chen Zhiyuan's successful group, its business is very mixed, all-encompassing, but always believe that the business that has money to earn will be done, will not be 100% focused because of a single hobby. In addition, he also has a business philosophy, only if you meet a good price, you can sell anything.
Chen Zhiyuan's eldest daughter, Chryseis Tan
Chen Zhiyuan has many children, in addition to letting the eldest son Chen Yongqin "pick the big beam" in the Success Group, his sons Chen Yongshuo and Chen Youjiang also hold important positions in major companies. Of his 11 children, the most famous is his eldest daughter, Malaysian woman Chryseis Tan.
Chen Zhiyuan is the uncle of Andy Lau's wife Zhu Liqian. A few years ago, the eldest daughter Chen Xueling posted a photo of her and her cousin-in-law Andy Lau on social media, which caused a stunning scene.
In March this year, Chen Xueling revealed that she had been diagnosed with new coronavirus pneumonia, but she said that she had not transmitted it to her daughter, and she also received attention from the outside world.
For the eldest daughter, Chen Xueling, Chen Zhiyuan has also arranged some important positions and appointed her as an executive director of its subsidiary BjLand and a director of Success Asset Food Pte Ltd. Xueling Chen was previously the head of marketing at Four Seasons Hotel Kyoto in Japan and served as the chief executive officer of Berjaya Times Square.
Chen Xueling (2nd from right) and Falinas Mudin (1st from right) pose with their parents
Chen Xueling, 33, married Farley, the son of the late founder of the Naza Group, Tan Sri Nasmuddin, in 2018.
It is said that the two met while studying at an international school and fell in love in 2014. On June 30, 2017, Farley proposed to Chen Xueling in Morocco, and the wedding was held on February 2 of the following year. At that time, Farley was a director of the Naza Group.
In July 2020, Chen Xueling announced the good news on social media: "Our cherished baby daughter is here. Chen Xueling, a 31-year-old Malaysian celebrity at the time, was delighted to receive thousands of gold, and many famous bridesmaids sent her gifts; Among them, He Chaoying, the daughter of the "gambling king" He Hongshen, sent her a stroller worth 10,000 yuan.
Incidentally, Chen Xueling is a Malaysian celebrity who is very active on social media, and her younger brother Chen Youjiang, known as "Malaysia's Wang Sicong", also gave birth to a mixed-race son with his Russian wife in February this year. It seems that Chen Zhiyuan "has many sons and many blessings", and the second generation of his family is also a person Ding Maosheng.
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