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Editor/Asakohai
As one of the four famous works, the story of the dream of the Red Mansion is widely spread, and the prosperous past of Jia Fu and the end of the prosperity and decline have made countless officials sigh with emotion. In Hong Kong, Lin Baixin single-handedly laid the huge foundation of the Lin family, with a family fortune of more than 9 billion yuan, becoming the "Jia House" in Hong Kong at that time.
Lin Baixin, like Li Ka-shing, is a native of Chaoshan in Guangdong, and has also become a self-made rich generation with a genius business mind. In the heyday of the Lam family, even Hong Kong people's food, clothing, housing and transportation were inseparable from the support and construction of the Lam family's enterprise group.
It is such a prosperous family, the wealth laid down by the fathers should be able to support the expenses of several generations, enough for the survival and development of future generations, but the truth is beyond everyone's expectations.
Just the next generation will lose the family, what is the hidden secret, and how is the property of more than 10 billion yuan destroyed?
The history of the genius tycoon, such as the prosperous past of the Red House Jiafu
When it comes to Lin Baixin, many young people may feel strange now, but in the thirties and forties of the 20th century, he was a well-known business king in Hong Kong, and he founded several enterprises including Hong Kong Lai Sun Group, Wing Fook Cloth Co., Ltd., Cheng Fook Weaving Factory Co., Ltd., and became a veritable entrepreneur in Hong Kong, China.
He is also the Honorary President of the Hong Kong Teochew Chamber of Commerce, Chairman of the Board of Directors of Asia Television Co., Ltd., and Chairman of Taiwan Minxing Textile Co., Ltd.
In addition to domestic business industries, he is also committed to expanding overseas business and exploring overseas market resources, and the Lin family group has even gradually expanded its business to Africa, Europe, the United States and Canada. It can be said that Lin Baixin has achieved extraordinary achievements in his career, and has made a lot of money from various companies to various companies, laying a rich foundation for the Lin family.
In the late sixties of the 20th century, Hong Kong's economy developed and gradually improved, the rapid development of manufacturing and the increase in demand for industrial buildings, it was at this time that Lam decisively grasped the torrent of opportunities and began to get involved in the Hong Kong real estate industry, while most of the real estate developers at that time were focused on the development of commercial and residential buildings, Lin Baixin was different, he set his sharp eyes on the vigorous development of industrial buildings.
It is worth mentioning that Lin Baixin's long-term vision is also reflected in: when he operates the real estate industry, he has always followed an important principle, that is, only rent, not sell. If selling the industrial property could only make a small profit, then Lai Sun Group would not have developed so fast.
Perhaps this decision was not remarkable at the time, and even in those days, renting but not selling may not have made much money, but with the development of the local economy, Hong Kong prices soared. This led to the fact that the industrial building with several hundred yuan per square meter in the 70s rose to several thousand yuan per square meter in the 80s, and soared to tens of thousands of yuan per square meter in the 90s.
In addition, Lam is also committed to charity, having donated funds to build the Lam School and Lam Youth Recreation Centre in Hong Kong, and was appointed as a Hong Kong affairs consultant in 1993. In Shantou, Chaoyang donated to build Lin Baixin Middle School, etc., and was awarded the title of honorary citizen of Shantou City. Lin Baixin has won a good social reputation for this, and in honor of his help and dedication to charity, asteroid 5539 was named "Lin Baixin Star". In this regard, Lin Baixin has reached a position that is difficult for ordinary people to reach, both economically and reputationally.
The eldest young master was not in a hurry, and the Lin family began to fall
Lin Jianming, Lin Baixin's eldest son, is the heir who was once placed in high hopes by the family. Since childhood, he has been strictly educated according to the standards of his heirs, and returned to Hong Kong after returning from studying abroad to take over the ace ready-to-wear line of the family business company. With such a superior family lineage, the road ahead is already clearly visible, as long as he follows the path paved by his family and becomes a rich second generation who takes over the family business.
But Lin Jianming has never been here, he does not have the investment and management talent of his father Lin Baixin, let alone hobbies, his only hobbies and interests are his own affairs.
He even boldly talked about his "first time" on the show, not ashamed but proud. Even more explosive was his blunt statement that he had relationships with thousands of women. In addition, one of his most criticized and family blows is the leaked nude photos scandal in the 90s.
At that time, Lin Baixin was proud in the business field, the business was in full swing, such a business tycoon can be said to be without defects, at that time, the prodigal son Lin Jianming became his father's weakness, his private life was absurd, and the indecent photos after drunkenness were taken, but the fun in Lin Jianming's eyes became a weapon to threaten his father to seriously damage the family's reputation.
Lin Baixin's superiors are accustomed to naturally intolerating the existence of such hidden dangers, but Lin Jianming, who is stunned like Qingqing, impulsively went up and directly exposed the indecent photos, which caused an uproar for a while. The hidden danger of blackmailing with the indecent photos of the eldest young master of the Lin family was lifted, but it caused more serious consequences, the family's reputation fell, and the corporate image was seriously smeared.
Lin Baixin, who started from scratch and worked hard all the way, became the laughing stock of the industry and the talk after tea in his later years. And Lin Jianming's own future was ruined because of this. After these scandals, he was completely shut out of the family business heir, and his low-hanging fruit was given away, leaving himself out of the center of power.
Perhaps this is a beautiful thing for Lin Jianming, staying away from the enterprises he does not like, not being the successor he hates, and taking the family's sufficient capital and property to spend the wind and snow outside, should be his most yearning life.
In 2014, a shocking news broke out: Lin Jianming fell in love with the beauty star He Aoer, Lin Jianming is 51 years older than He Aoer, and this pair of "grandfather and grandson love" also re-shows Lin Jianming's past journey in front of the public.
The second young master insisted on going his own way without foresight, and the family turned downhill
Lin Jianyue is Lin Baixin's second wife, he was smart and clever when he was a child, and he was also expected by his father. Before the scandal of his eldest brother Lin Jianming, he had been cultivated by the family as the second-in-command, and the family hoped that he would become Lin Jianming's right-hand man and assist him in creating corporate brilliance.
After Lin Jianming was completely eliminated, he became the focus of his father Lin Baixin. And Lin Jianyue did not live up to the trust of his father and family, and after returning from school, he learned to take over in the enterprise, and soon mastered the laws and know-how of enterprise operation, and he worked diligently and gradually got on the right track.
In 1986, he took charge of the family business and gradually changed his business style and brought new management methods to Lai Sun. In just a few years, Lai Sun Garment has transformed into 4 independent listed companies: Lai Sun Development, Lai Sun International, King Yao International and Crocodile Shirt.
But it is such a young man with characteristics unique to youth: reckless, impulsive, arbitrary, conceited.
In 1997, Mr. Lam became a joke in Hong Kong's business circles when he bought a property through fundraising and bank borrowing to rebuild it into a high-end hotel. Lin Baixin, who has seen strong winds and waves for this project, does not approve of it.
I don't know what kind of psychology I am in, maybe I am anxious to my father and family. Prove their unique investment vision and business acumen to the management of the company, so they insist on going their own way, making arbitrary decisions, and resolutely attacking.
Unexpectedly, the second year of rebuilding the hotel coincided with the Hong Kong financial crisis, which was an unprecedented crisis, almost overnight, Hong Kong's stock market collapsed, and Lam's wrong decision cost the subsidiary more than 10 billion yuan. As a result, the reputation of the corporate headquarters has been greatly damaged.
Fortunately, after setbacks and lows, he was once again reborn. In 2004, Lin Jianyue made a comeback, and with the consent of creditors, he restructured his debt of 2.1 billion yuan, just in time for the market to recover, so he quickly got out of the predicament. Lin Jianyue's outstanding performance made Lin Baixin praise, and also made a hint that he wanted to hand over the baton.
The eldest lady's artistic yellow millet dream, only knows that the bell rings and does not smell the fireworks of the world
A small man, combed with a bright and well-fitting "children's flower head", originally thought to be a cute girl, but when he spoke, he had a big voice with hoarse laughter, and his speech was as strong and neat as a cannon. This person is Lin Mingzhu.
Lin Mingzhu is the daughter of Lin Baixin and his third wife, Gu Ruiying, and Hong Kong people used to call her Pearl. I don't know if it's because there is only this daughter, she used to be Lin Baixin's favorite child, and she loved her like a pearl in her palm, maybe this is the origin of her name.
After returning to China, she went to Shanghai to help her mother experience the development of real estate projects, becoming the owner of Shanghai's famous fashion landmark "41 Hengshan Road". During this time, she developed a keen interest in Art Deco in Shanghai in the early 20th century, and in 1992 opened the first "Contrast Window Gallery" in Central, Hong Kong, becoming the first institution to promote the work of Chinese contemporary artists on an international scale.
Lin Mingzhu later opened the "Contrast Window Art Gallery" in Shanghai, Beijing and Hangzhou. During the Franco-Chinese Year of Culture, her name was frequently mentioned on important occasions such as the French Ministry of Foreign Affairs and the Ministry of Culture.
Lin Mingzhu not only runs her own gallery but also is passionate about collecting, and she is enthusiastic about collecting some collectibles that she sees as artistic value, but in fact these collections may not be able to realize their value. She prides herself on her artistic talent and is keen to collect quirky items that she uses as vases at home.
I don't know if it's the long-term doting of the family or nature, she, the eldest lady of the Lin family, has developed a temperament that does not eat human fireworks and does not know the sufferings of the world. He devoted himself to art creation and collecting all day, spending money every day without earning anything.
After being taught by his father's words, he still did not change his original intention, and he had no intention of reflecting at all. Perhaps because of her willfulness and single-mindedness, she obtained the least family property after Lin Baixin's death, perhaps Lin Baixin was also afraid that such an artistic daughter would lose the family property.
Perhaps this incident gave Lin Mingzhu a big blow, she also began to cooperate with many well-known artists, in order to achieve her artistic ideals, she traveled all over the world, absorbing the essence of the cultures of various countries, and striving to make traditional Chinese art reflected in her works.
She has made many friends, whether it is a shoe designer or an art museum director, from the editor-in-chief of a fashion magazine to the consul of the consulate, and her connections are also a kind of resource and wealth.
She has a unique eye for art, she has a unique insight into the beauty of Orientals, and disdains some luxury brands in the world.
In addition to collecting artworks, Lin Mingzhu also launches personalized home décor artworks. Her design for a girdle lampshade tower base lamp signed "XYZ" is inspired by Western 18th-century women's clothing and Marie Antoinette's slender waist.
In addition to the design concept, the materials used in the design works are also quite exquisite, which not only has the lazy and sexy design style of the West, but also integrates traditional Chinese craftsmanship and exquisite elegance. The lampshade fabric is imported from France, and the bracket and lampshade of the lamp are all made in China; The lampshade is treated with special traditional Chinese crafts such as beading and embroidery, and the threaded base is derived from the fluidity and irregularity of nature, and the use of matte metal materials enhances the sense of contrast in the design. Everything goes hand in hand with Lin Mingzhu's philosophy.
However, later, in order to realize her artistic dream, her father made a guaranteed loan for Gu Ruiying and Lin Mingzhu's company to build a hotel-style apartment, but she did not care about the cost of decoration, and the decoration was extremely luxurious, resulting in a serious over-budget. Lin Baixin was very dissatisfied when she learned about it and asked her for a debt.
This touched the young lady's anti-scales, and in a fit of anger, she took him to court with his father slandering herself. At this point, the father-daughter relationship broke down, and until Lin Baixin's death, she did not share the inheritance.
summary
He started at a cost of 13 yuan and died with a net worth of more than 10 billion yuan. Lin Baixin's life can be described as legendary.
He was able to abandon the support and help of his family, rushed from Guangdong to Hong Kong, worked hard all the way, relied on his talent and hard work to earn the first pot of gold in his life, and had a long-term vision, invested in blank fields, and even set his sights overseas, which was definitely something that ordinary businessmen could not think of in that era. This also confirms that Lin Baixin's vision and courage far exceed others, and he is born with such a business tycoon's courage.
And such a glorious life has become bleak because of their children, and the self-made rich generation was originally a tycoon admired by tens of thousands of people in the mall, but because of three unsuccessful children, they were late in life.
It is said that the rich are not more than three generations, but it is rare for one generation to be "backstabbed" by the second generation before abdicating the throne. But fortunately, these sons and daughters have received an excellent education since childhood, except for the eldest young master who does not repent and the prodigal son does not look back, Lin Jianyue and Lin Mingzhu can quickly adjust their state and psychology after a brief setback, correct the chaos in time, and adjust themselves to the right track. This should also make Lin Baixin feel gratified...