"Wang Sicong, the iron-clad Wang Sicong, the Internet celebrity girlfriend of The Flowing Water."
Recently, Wang Sicong and his new Internet celebrity girlfriend Shen Jie showed their love in a high profile, posted a feast of 20,000 luxurious fruits, and handed the middle piece of watermelon to Shen Jie's mouth.
The so-called rich people eventually become dependents, no rich people witnessed it, netizens are also excited to "eat melon", it seems that the "national husband" even if there is no Weibo, it is still the top of Weibo.
However, when Wang Sicong and Shen Jie's watermelon dog food was still in their mouths, Wang Sicong was on the hot search again.
According to Tianyan's inquiry, Wang Sicong has stepped down as a director of Wanda Group, so some people have speculated that Wang Jianlin wants to completely give up Wang Sicong?
Wang Sicong, as the only son of Wang Jianlin, said that Wang Jianlin was impossible not to consider Wang Sicong's future, and at a very early age, Wang Jianlin had the intention of cultivating Wang Sicong as a successor, but Wang Sicong always had some problems that made his old father worry about him.
I don't know daddy Rich Wang Sicong
Wang Sicong was born in Dalian, Liaoning Province in 1988, and five years later he was sent by Wang Jianlin to Singapore to attend primary school, and it was this year that Wang Jianlin began to start a business, established Wanda Group Group Co., Ltd., and officially entered the real estate industry.
Since then, Wang Sicong's identity is also quietly changing, but he is unaware of the fact that he has become a rich second generation, until he returned to China at the age of 16, he did not know that his father was very rich, so he was also ridiculed by netizens as "I don't know my father Wang Sicong".
During the period of studying abroad, Wang Sicong looked no different from ordinary children, dressed in ordinary clothes, his hairstyle was returned to the soil, and the friends he made were also ordinary people, but it was this ordinary period that created Wang Sicong's more grounded personality.
But Wang Sicong's true temperament made Wang Jianlin directly regret sending him abroad to study.
Wang Jianlin once said in an interview: Wang Sicong is very smart, but it is his mouth that gives me a headache!
Startup liabilities Weibo was blocked
In an interview, Wang Jianlin also commented on his son: He is not like me, who was educated in traditional Confucianism, does not speak indiscriminately, he goes to study abroad, learns the westerner's set, and will not look at people's eyes and talk.
Although Wang Sicong's straightforward and unobstructed characteristics are popular with the public, he is also called the "Entertainment Circle Discipline Inspection Commission" by netizens, but as his father worried, the disaster comes out of his mouth.
Sure enough, after being pit by his own "mouth" several times, Wang Sicong finally planted a big heel, just on April 27, 2022, Wang Sicong posted on Weibo questioning the WHO's recommendation of Lotus Qing plague, and the Weibo account was completely blocked.
Of course, in addition to his temperament, his experience of creating the second generation is also talked about.
In 2009, after graduating from university, Wang Sicong began his entrepreneurial career, but the starting point of this second generation is not generally high, his first start-up capital is 500 million, and the small goal set by his father is to earn 100 million yuan first.
Wang Sicong took this money to set up peugeot fund Pulse Investment, but Wang Sicong's investment career was not successful, especially in 2015, which was established in Panda Live, which made Wang Sicong start with 500 million yuan and gained negative 2 billion.
Panda Live was born with a golden spoon, and in just three years, it has received million angel investment, 650 million A round financing and 1 billion B round financing.
Due to Wang Sicong's influence, Panda Live won the throne of "China's Top 30 Cultural and Entertainment Innovation Enterprises" within a year with his personal fame.
But the starting point is high, and falling down will be even more miserable.
Due to Wang Sicong's inadequate management, the work of panda group employees was scattered, resulting in panda live broadcasting declaring bankruptcy in 2019, and it made him bear nearly 2 billion yuan of investment losses.
Although there is nothing wrong with the failure of investment, and the debt of two billion yuan can not set off any big waves for the Wang family, but this failure of entrepreneurship coupled with Wang Sicong's unbridled temperament, it is difficult for Wang Jianlin to trust the Wanda Group to him.
Wanda encounters Waterloo
In addition to his brash temperament and ups and downs in entrepreneurship, Wang Sicong also has another characteristic that makes Wang Jianlin not very assured, that is, he cannot suffer hardships.
But how can you work hard in the mall and can't bear hardships?
In the interview program of "Lu Yu Has a Date", Wang Jianlin once said that managing such an enterprise is very tiring, and according to his son's interests, he is unwilling to suffer this kind of suffering.
Although wanda has a big business and strong strength, it is inevitable that there will be waterloo, and behind the unlimited scenery of Wanda is also full of crises.
In 2017, Wang Jianlin became China's richest man for the third time, but the following year, Wanda Group suffered an unprecedented crisis, with debts of 400 billion yuan.
How did this $400 billion in debt come from? The cause of the incident can be traced back to the Wanda "Malaysia Incident", and the reason why Wang Jianlin fell off the altar was that he robbed the national project.
The "City Malaysia" real estate project is owned by a Malaysian state-owned enterprise, when China Railway bought a 60% stake in Malaysia for 19.6 billion yuan to build a high-speed railway between Kunming, Thailand, Malaysia and Singapore.
The high-speed rail is one of the construction plans of the national "Belt and Road", but on May 3, 2017, the Malaysian government suddenly withdrew the project on the grounds that China Railway's associated companies did not pay on time, resulting in all the efforts of China Railway in vain, and it was Wanda behind this.
A few days after the project was recycled, the Malaysian government inexplicably announced that it would conduct a second round of bidding, when Wanda suddenly mixed in, and its opening price was twice that of China Railway, knowing that if Wanda did not mix in, China Railway would basically have won the project.
Wanda dares to grab projects with the state, which is really surprising, but this also confirms Wang Jianlin's ambitions, he once made a big speech at the company's annual meeting, saying that whether it is a state-owned enterprise or a central enterprise, as long as it is the industry that Wanda is entering, no one has the opportunity to be the boss.
However, this wang shoufu, who knows how to see people's eyes and speak, finally said the wrong thing and made the wrong choice like his son, and was soon hit head-on by the China Banking Regulatory Commission.
In the same year, the state's regulation and upgrading of real estate also strengthened the supervision of overseas assets, with special emphasis on cross-border businesses such as M&A loans and domestic insurance and foreign investment of hardware companies, including Wanda.
Of course, Wanda and China Railway rush project is only the fuse of the Wanda crisis, due to the previous Wanda, HNA and other five companies to exchange foreign exchange to buy assets in the West, resulting in unstable exchange rates, financial is about to face great turmoil, and Wanda and China Railway to grab the bid is even more collided with the gun, just can frustrate his sharpness.
As a result, under the strong cooperation of the State Administration of Foreign Exchange, the China Banking Regulatory Commission and the central bank, Wanda suffered the largest "double killing of equity and debt" since 2017 at the beginning, and the financing of six overseas projects in its hands was strictly controlled by the CBRC and was also short-term loans by banks.
In order to save himself, Wang Jianlin did not hesitate to break his arm to survive.
For 43.844 billion yuan, it sold 91% of the equity of the thirteen cultural tourism projects previously acquired to Sunac, and sold 77 hotels of Wanda to R&F for 19.906 billion yuan.
After that, he began to sell the shares of the group and the shares of Wanda Pictures, and Wang Jianlin even sold the shares of his most precious Centennial Life.
In order to help Wanda survive the crisis, Wang Jianlin's wife, Lin Ning, sold all the companies under her name.
After selling domestic, Wang Jianlin can also sell abroad, it can be said that that period of time was Wanda's most burdened forward, but also Wang Jianlin's greatest pressure, such a huge pressure and crisis in front of Wang Sicong, who has become dashing and accustomed, should not be able to resist.
However, after Wang Jianlin's series of brave men's broken wrist operations, Wanda finally came back to life.
Skinny camels are bigger than horses
Because Wanda's debt of tens of millions of dollars is well known, so the matter that led to Wang Sicong's withdrawal from wanda directors yesterday was questioned by netizens that Wang Jianlin was deeply in love and did not want his son to bear huge debts.
But few people know that Wanda has paid off these hundreds of billions of dollars of debt in just three years, and even if Wanda is far less brilliant than it was in 2017, it is a skinny camel bigger than a horse.
But it is precisely because of this that the consideration behind Wang Jianlin's plan not to let Wang Sicong succeed is also more curious.
But if you think about it carefully, in addition to wanda's internal problems, Wang Jianlin took this opportunity to let his son escape, the reason why Wang Sicong could not take over was nothing more than two: First, Wang Sicong's ability was insufficient, and he was also sitting on the mountain and eating the air; Second, Wang Sicong himself was unwilling.
As early as 2012, Wang Jianlin was a guest at "Bo Shi Tang", and when asked about the successor, he said that he was still unsure whether to hand it over to Wang Sicong, mainly to see if his son had the ability to take over this big team.
Later, when he was interviewed by Phoenix Finance, he also stressed that Wanda's successor is not necessarily Wang Sicong, if Wang Sicong has the ability, there is no problem in handing him over, but if he is not capable, then hand it over to a professional manager and let him be a shareholder.
However, in the following years, Wang Jianlin also said that in addition to qualified ability, his son's interest should first be respected.
In 2016, Wang Jianlin talked about the succession again in "Lu Yu Has a Date", saying: Busy life and work are not his interests, his interests are the first.
In the same year, Wang Jianlin once again stated that he respected his son's choice and that it might be better to hand over the company to a professional manager.
It can be seen from this that even if Wang Jianlin has the intention to cultivate Wang Sicong as a successor, Wang Sicong is still a bit unable to support the wall, or cannot let his father rest assured.
Moreover, with Wang Sicong's unwillingness to endure hardships and his temperament to speak regardless of the occasion, letting him manage such a large group is undoubtedly a huge pressure for him, and for the Wanda Group, why is it not a huge pressure?
Of course, in addition to Wang Sicong's withdrawal from the director of Wanda, there is one more thing worth remembering before. Wang Jianlin believes that the son is not as good as the father, what is the use of retention, the son is as strong as the father, what is the use of staying! Therefore, he has said in public that 90% of his future wealth will be donated to society.
In this way, Wang Sicong quit the director of Wanda, and he will not be able to inherit most of his father's family property in the future, which is Wang Jianlin's great disappointment with Wang Sicong, and his heart is cruel?
Not necessarily, Wang Sicong no matter how much he loves to bubble Internet celebrities, no matter how to start a business, no matter how he does not cover his mouth, in the end he is still his own flesh and bones, breaking bones and meat, so Wanda's future Wang Sicong may not participate in it may be a foregone conclusion.
Although Wang Sicong may not have the inheritance right of Wanda, Wang Jianlin is also likely to donate 90% of his family property to the society, but Wang Sicong is still a shareholder of Wanda, and in the future, even if the 26 companies that survive under his own name, only rely on shareholder dividends can be more moist than most people.