In the Chinese world, there are two gambling kings that have to be discussed, one is the Macau gambling king Ho Hung Sun, and the other is the Malaysian gambling king Lin Wutong. After the outbreak of World War II, Lin Wutong went south to Malaysia, starting from planting and construction contracting, controlling the only gambling license in Malaysia that banned gambling - Genting Heights, and then controlling the Singapore casino, the British casino Stanley Leisure, and the sea casino Star Cruise Ship, dominating Southeast Asia.
Lin Wutong 7 times in his life is difficult not to die, the assets exceed the Macau gambling king He Hongshen, but the reputation in the country is not loud, many people do not know, which is related to Lin Wutong's low profile, sitting on hundreds of billions of assets he went out to take the subway, rarely used private cars, his life only has one wife, the case is eyebrow-raising, not abandoned, and the Macau gambling king's wife and concubine flock of warblers and swallows are very different.
Lin Wutong is rich enough to be an enemy of the country, still clean and self-righteous, and his wife is not abandoned before he dies, and he is buried in the same cave after death, this quality of self-discipline and loyalty is admirable!
In reality, Lin Wutong and He Hongshen, the two gambling kings, also really intersected, when Lin Wutong just got a casino operating license, as a novice Lin Wutong flew to Hong Kong to meet Wither Ho to discuss the cooperation of operating a casino, but Ho Hongshen's asking price was too high and there was no consensus.
Lin Wutong learned and explored while opening, and finally built Genting Casino into one of the world's top five casinos, attracting wealthy merchants from all over the world to come to vacation and gamble.
Go south to earn a living
Lin Wutong was born in 1918 in Anxi County, Fujian Province, southeastern China, after "Planting the Plane Tree, Attracting the Golden Phoenix", in traditional Chinese culture, the Plane Tree is a rich and auspicious tree.
There is also a saying that Lin Wutong's biological father is a good bet, when he was born, his biological father was still playing cards on the gambling table, and the midwife found Lin Father to let him name the child, and Lin Father just touched a big card to kill the three parties. Father Lin's education level was not high, so he simply held up the five cylinders he touched and said, "It's called five barrels." Later, Grandpa felt that the "five barrels" were too vulgar and changed it to sycamore.
Lin Wutong grew up in the era of chaos in the Central Plains, warlords and warlords, resulting in ordinary people can only stay at home at night, if there is nothing, there is no electricity, nothing can only create people at night, so Lin Father and Lin Mother gave birth to 7 children, Lin Wutong ranked fifth, if it is not Lin Father later died of illness, Lin Wutong brothers and sisters can definitely develop into a football team.
From this point of view, I personally feel that if China wants to change the trend of continuous decline in fertility, the best way is not to encourage and introduce preferential policies, but to pull the gate and cut the electricity, so that you can play a "ball" at night.
Lin Wutong was sent to school when he was six years old, his brother died early when he was 12 years old, and his parents pinned all their hopes on him, but in 1934, Lin Father suddenly fell seriously ill, and the treatment hollowed out this family that was not rich, and he also owed foreign debts, and what was even more tragic was that the final result was that people and money were empty, and Lin Father died.
At just 16 years old, Lin Wutong became the eldest male in the family and had to drop out of school to take up the burden of supporting a family of seven.
Lin Wutong borrowed 2 yuan from a relative's family as a working capital, began to take over his father's vegetable seed business, the stall is in a large market, the competition for homogenization is very fierce, Lin Wutong is shy, introverted, coupled with bad words, the first day of business can not open his mouth.
As a result, customers were attracted by the shouting and selling next to a higher vendor than a high, at the end of the day, Lin Wutong did not even do a single business, after going back to his mother's sigh made him toss and turn all night, it was difficult to sleep, lying on the bed quietly crying after Lin Wutong thought about pain and began to think about how to break the situation.
Early the next morning, Lin Wutong went out in the dark with the goods on his back, walked to a far place, went to the intersection of people to do business, convenient for people to rush to buy seeds, did not have to run to the distant market, so Lin Wutong's business gradually improved, and he also slowly practiced, changing his former shyness and bad words.
When Lin Wutong's way of setting up stalls at the intersection was copied, he worked tirelessly and waded through the mountains and waters to the countryside to sell, and competed in a way that was convenient for customers to carry out differentiated competition, so he worked hard for two years with this strength, Lin Wutong not only paid off all the debts, but also saved a sum of money.
The family of six people is waiting to be fed, Lin Wutong in order to make money is to make money to do which line, almost did not sell meat. Later, the war became more and more serious, a large number of people were displaced, and the seed business was not easy.
However, the furniture industry driven by the relocation of the population has gone against the trend, and Lin Wutong keenly discovered this and immediately changed to carpentry, which was done for another two years.
After the outbreak of the September 18 Incident in 1931, the domestic situation deteriorated day by day, and the ambitious Japan tried to invade China in an all-round way; on the other hand, chiang kai-shek of the Kuomintang in China launched encirclement and suppression again and again in repeated defeats, and the livelihood of the people at the bottom became increasingly difficult.
Fujian Linhai was close to Southeast Asia, and at that time, the Japanese had not yet engaged in the so-called Greater East Asia Co-Prosperity Sphere, and the situation in Southeast Asia was relatively stable, and people went to Nanyang to make a living. Seeing this scene, Lin Wutong and his cousin Lin Jingcong coincided, gritted their teeth, and resolutely decided to go south to pan for gold.
In 1934, Lin Wutong and many fellow villagers took a small fish boat and crossed the Nu Sea. At that time, the means of transport, in the sea by boat is the most dangerous, there is no one, the waves, storms are secondary, in the sea lifelong fishermen do not need any weather forecast at all, from the humidity of salt, there is rain on the edge of the light, no rain on the top of the light of the weather phenomenon can be judged eight or nine inseparable.
The most terrible thing is the pirates, when the economy was sluggish, the security was not good, pirates appeared frequently, grabbed this kind of fishing boat, looted, usually men killed women and children were thrown into the sea.
Risking his life, Lin Wutong carried a small suitcase and $175 that his mother sewed into his underwear before leaving, and shook it on the boat for three days, shaking dizzy, and arrived in Malaysia without any danger.
After arriving in Malaysia, Lin Wutong first contracted a large area of land to grow vegetables for the main business, which was his old business in China, and after gaining a firm foothold, he began to collect waste products and open a hardware store.
The first pot of gold
At that time, Malaysia belonged to the British Islands, the British colony, although Lin Wutong dropped out of school at the age of 12, but after all, he was a person who had eaten ink, he knew that only by dealing with the British and doing business could he become bigger and stronger, so he studied English hard, and the local people at that time rarely understood English, so with a comparison, Lin Wutong's hardware store slowly entered the supply chain of the local British government and army, and the business was naturally thriving, getting bigger and bigger, and making a lot of money.
Hardware store products belong to the terminal consumption, directly to the customer, the British do not have the tradition of triangular debt, so Lin Wutong's business return is fast, cash flow is abundant, which when Japan entered Southeast Asia, Lin Wutong can quickly transfer and protect funds played a key role.
In 1942, the Outbreak of the Pacific War, the Japanese army sent troops to Southeast Asia, Malaysia soon fell, the Japanese army in Mainland China burned and looted, exterminated humanity has long been spread throughout the Southeast Asian Chinese circle, everyone knows, so the Japanese army just invaded Malaysia, Lin Wutong immediately broke his wrist, the hardware store is gone, leading the family to run.
At this time, the advantages of Lin Wutong's hardware store's rapid return of funds were fully revealed, he took a bag of money, only the necessary, the excess planing pit was buried, as for the inventory goods, he did not want it, and took his family to hide in a rubber plantation in Anbang New Village to work and take refuge.
Before the Japanese invasion of Southeast Asia, the Chinese domestic government repeatedly organized personnel to go to Southeast Asia to publicize, organized anti-Japanese fundraising, produced a large number of pictorial newspapers for propaganda and distribution, almost every family has, for safety, Lin Wutong let everyone burn all these things.
Soon after, the Japanese army raided the entire village and eliminated the anti-Japanese elements, fortunately the sensitive information had been processed, so the Japanese search was fruitless.
At that time, Lin Wutong was 24 years old and tall and strong, and the Japanese officers looked at him, immediately identified him as an anti-Japanese element, and ordered someone to take Lin Wutong away.
Lin Wutong tried his best to explain, plus because of his vigilance to save the whole village, so the villagers all spoke out in righteousness, saying that he was a farmer, a non-movementist, the Japanese officer did not believe it, Lin Wutong moved at a moment's notice, opened his palms to show the officers, and his hands were full of cocoons to prove that he was indeed just a farmer, and the Japanese released him, which was Lin Wutong's most thrilling time.
The turning point of Lim's career was after the unconditional surrender of the Japanese army in 1945, the British army re-entered Malaysia, the whole country began to rebuild after the war, the British army mobilized a large number of construction machinery and equipment from the mainland to support Malaysia's infrastructure, ready to take root and thrive here.
However, with the rising nationalist and independence movement in East Asia, the British government had to go along with the trend and recognize the independence of Malaysia, and the initial efforts could only be used as a wedding dress for people, and the British cleaned up and sold the assets they could not take away before retreating.
Among them, those heavy machinery, the United Kingdom sold to the private sector in the form of bidding, the higher bidder can get. Lin Wutong decided that the next step in economic development was to restart the abandoned mines and rubber gardens, and the demand for machinery would be very strong, so he dug up the hidden money and began to travel a long way to bid for locally processed machinery and equipment.
In order not to trigger malicious competition, before bidding, Lin Wutong will go to visit various buyers, privately form alliances, and use the current professional term called "collusion", which is illegal, and there is no such restriction in that era, so Lin Wutong bought a large number of old machinery from the British army, refurbished and resold at two or three times the price, making a lot of money. Through this way of renovation and resale, Lin Wutong earned the first bucket of gold in his life.
Of course, seeing Malaysia's booming infrastructure and mining business, Lin Wutong can not only be a middleman to earn the difference, he created C&D Co., Ltd., directly into the Red Sea to do project contracting, after the acquisition of iron ore companies, the formation of Malaya Mining Company, the iron ore sold to the lack of resources but the rapid development of the post-war economy in Japan, after the volume in order to facilitate the transportation of Lin Wutong simply set up a fleet of ships to transport themselves, forming a full set of closed loops, slightly now Samsung taste, the whole industry chain to eat.
In 1964, Lin Wutong undertook the construction of the Cameron Hydropower Project, which became his first major crisis in the business field, and the local government concealed many uncertainties in order to build the project as soon as possible.
Lin Wutong, who did not know it beforehand, was full of vigor, but when he really took over, the project was full of twists and turns. The investment in the construction of the power station was huge, even Lin Wutong, who was already rich, had to borrow money, but the land acquisition promised by the government was not completed for a long time, the local residents refused to relocate, and then there was a huge ethnic conflict between the Malays (Wu people) and the Chinese (Chinese), the two sides fought, carrying watermelon knives from the South Tianmen gate to Penglai East Road, the light ones had blue noses and swollen faces, and the heavy ones were killed and injured countless times, which repeatedly postponed the construction period.
The delay in the construction period means that the interest rate is high, and the construction site equipment is often missing, being stolen for money, and Southeast Asia belongs to the subtropics and is hit by the monsoon wind, the rainstorm is a disaster, and the construction period is short.
The result was disastrous, only five percent of the entire project was completed a year later, with a loss of RM5 million(Malay), equivalent to more than 1 million yuan, which was an absolute sum of money in the 60s.
There are few funds left on the company's accounts, the project is far away, and the government hopes to pay some advance payment in advance, the government not only said that it can only pay after the completion of the project, but also blamed Lin Wutong for all the delays in the project. Lin Wutong was depressed and vomited blood, couldn't sleep at all at night, was so anxious that he almost jumped off the building to commit suicide.
Entrepreneurship is a matter of nine deaths, and many people in the process of entrepreneurship cannot withstand the pressure and choose to live lightly. Wang Jianlin also once said that he couldn't sleep for 9 days for the bank loan, and finally fainted and was sent to the hospital for rescue.
Fortunately, Lin Wutong had a good reputation, got the help of the chairman of his friend Pangu Bank, overdrew RM5 million from Pangu Bank, solved the problem of the capital chain, turned around and actively negotiated with the Government Public Works Bureau, made it clear that the purpose of the talks was to solve the problem rather than prevaricate the problem or find whose responsibility, and ensured that after the completion of the quality and quantity, he won the maximum deadline and accommodation, and finally let Lin Wutong come back to life in the Cameron Water Conservancy and Power Generation Project.
In fact, Lin Wutong's biggest gain in this project is not money, but a good reputation, a good relationship with the government, and a network foundation for the development of the future career.
Genting Casino
Malaysia's economy relies on what industrial chain to support, today is the largest proportion of electronic products, in other words, labor-intensive, not too much industrial competitiveness, no fist products. Then go back 50 years, when Malaysia was even more miserable, without the foundation and direction of economic development, which caused the government a headache.
At the same time, Lin Wutong found that Southeast Asia is hot and hot all year round, but there are few summer resorts, but at that time, the desolate and remote Genting Semba, only 58 kilometers away from Kuala Lumpur, has beautiful scenery and cool climate, which is a rare summer treasure.
Lin Wutong conducted detailed research and planning, wrote a scientific feasibility report to the government, the purpose is to build Genting Mountain into a summer resort, tourism and amusement resort in Southeast Asia, as for how to attract tourists, Lin Wutong referred to the United States in the desert to establish Las Vegas, small fishing villages on the development of Macao, suggested setting up a casino in Genting Mountain.
Lin Wutong has won the strong support of the founding father of Malaysia, Tunku Abdul Rahman, by developing Malaysian tourism to stimulate the economy, but at the moment the government has no money, and who can guarantee certain success.
Starving to death and daring, Lin Wutong vigorously defied the public opinion, and swore an oath with Tunku Abdul Rahman, saying that he had all funded the construction, and that after the completion of only one condition, the government must issue gambling licenses as promised, and the two sides reached an agreement.
Soon after, Lim was granted a licence by the Malaysian president to develop 4,940 hectares and 1,110 hectares of freehold land from the governments of Pahang and Selangor.
Carrying out such a huge project on a barren mountain was unimaginable at the time when the degree of mechanization was backward. Such a large project Lin Wutong could not bear it alone, but when he looked for a partner, neither the businessman nor his friends were optimistic, and they all refused.
On August 8, 1965, Lin Wutong gritted his teeth and pressed all his wealth, invested all the money he had earned before, and then looked for funds while building.
As a project that has been desperately bet and impregnated with all his painstaking efforts, Lin Wutong personally took matters into his own hands, personally leading technicians and workers to use all the equipment, funds and resources of C&D Company.
Lin Wutong took the lead and divided the staff into two shifts, working in shifts 24 hours a day, 7 days a week, and also moved to the temporary dormitory built in the mountain forest, personally directing, arranging, coordinating and conducting field visits and inspections.
This was the biggest project in Malaysia at that time, opening the mountain and leveling the road, punching holes and filling cliffs, dangers, the construction process of workers killed and injured up to 10 people, Lin Wutong was in danger 6 times, almost died in the mountains, landslides, landslides, cars fell off the cliffs, including sudden illness can not be sent to the hospital in time, etc., he has experienced a situation.
No matter how difficult the project is, as long as you insist on and find a way to finally find a solution, but the funds are not, the heavenly way to pay for the work, just when Lin Wutong was most difficult, Lin Wutong's first partner Mohd Noah appeared, with capital into the shares, to a certain extent to alleviate Lin Wutong's capital needs.
This project later brought huge returns to Mohd Noah, who is Mohamma Noah? A person with a good eye for not wanting.
If this incident alone cannot convince you of Mohammad Noah's vision, then tell you that Mohd Noah is the father-in-law of the two later Prime Ministers of Malaysia, Tun Lhasa and Tun Hushenong, you have to admire Mohammad Noah's vision, and pick two presidential sons-in-law.
More importantly, Mohammad Noah's capital injection brought about a positive demonstration effect, and some merchants began to be willing to cooperate or inject capital.
Genting project took seven years, in 1971 Genting Park was finally completed, Tunku Abdul Rahman also kept his promise to personally approve the issuance of Genting Casino license, this set of amusement parks, casinos, hotels and other Genting Amusement Park officially opened.
The opening of Genting has also become a life-saving straw for Lin Wutong, because at this time, in addition to his fixed assets, he is almost penniless, and Lin Wutong can be said to have exhausted the mountains and rivers for this project.
Lin Wutong used genting as a fixed asset to raise funds in Singapore, and used all the funds obtained to upgrade and improve the amusement park's facilities, including building a venue that can accommodate 6,000 people, as well as the longest ropeway in Southeast Asia.
With such a large sum of architecture and scenery, Southeast Asian and overseas tourists flocked to it, and by the 1990s, Genting had become an international tourist destination, receiving more than 12 million tourists every year.
The Genting project became the number one tourism brand in Malaysia, making a significant contribution to The Malaysian tourism industry and driving the national economy. Lin's Genting Group now has a total market capitalization of more than $30 billion, and its family's stakes are worth more than $20 billion.
On October 23, 2007, Lin Wutong died at the age of 90, and genting Casino, which has never stopped since its inception, was closed for half a day to mourn for him.
Malaysian Prime Minister Badawi also expressed his condolences to the Lin family, saying: "The unfortunate death of Lin Wutong is not only a loss to the country, but also a major loss to the business community!"
After Lin Wutong's death, the property was taken over by his second son, Lin Guotai, who currently seems to be a tiger father without a dog.