Forbes defends authority and scrutinizes billionaire lists
The Forbes Global Billionaires List, which has always recorded only the names of real billionaires, is known for its 100% authenticity and authority. The production of the list depends on the globalization pace of hundreds of editors and reporters of Forbes and the rigorous verification system.
They traveled all over the world, interviewed tens of thousands of entrepreneurs and wealth managers face-to-face, and even sent private detectives to conduct covert research, just to screen out the real billionaires.
Such a gold-lettered signboard-like list has naturally caused countless fake rich people to be ready to move, and they want to mix in it and get into it. In 2021, Forbes editors received their first recommendation from a mysterious organization to recommend a "low-key billionaire" named Lo Kai-yin to be included in the list.
These letters of recommendation are full of mystery, stamped with "top secret" and "private secret", and their intentions are obvious. The editors were alarmed and immediately launched an investigation.
Sure enough, after 40 field trips to various countries, Forbes finally confirmed that Lu's so-called "billionaire" identity is pure fiction. His Harvard degree, his work experience at a top financial company, his F1 team investments, his global real estate, and even his collection of luxury cars are all fake. Forbes was outraged by the threat to the credibility of the list, and resolutely dispatched a seven-page denunciation to warn future generations not to repeat the mistakes of the past.
Lu Qixian fabricated academic qualifications to deceive the world, and was finally exposed
The most ironic thing about this story is Lu Qixian's first step into the industry - fabricating a glamorous personal education and work resume.
In 1999, Lo Kai-yin, who had just returned to Hong Kong from Canada, joined the insurance company managed by his mother in high spirits. However, his mediocre family background and ordinary work are destined to make it difficult for him to satisfy his ambition.
So, this man born in a middle-class family is determined to enter high society and play new heights in life.
Thus, a Harvard MBA diploma was born. It is not a real academic certificate, but a high-quality fake diploma customized by Lu Qixian with a lot of money. With this pass, he began to boast that he had worked at JPMorgan Chase, a top investment bank, and had extensive experience in operating financial markets.
Then he directed and acted in a mysterious billionaire play: he claimed to have founded RE Lee Octagon, a personal investment company that holds a portfolio of assets across multiple industries.
For a while, inside and outside the auditorium, there was a lot of competition for this handsome and golden young heir. As everyone knows, it's all in the air. Forbes reporters investigated deeply and finally uncovered the truth of this shocking scam: behind all the glory is Lu Qixian's seamless fraud plan.
This war of deception without gunpowder finally came to an end with a triumph in a Forbes feature. The lesson is painful and the price is heavy.
made a fortune from his mother's company, but he still doesn't know how to be satisfied
In fact, in the final analysis, Lu Qixian's ability to get the first pot of gold completely depends on his mother. In 2003, under the arrangement of his mother, Li Peizhen, he was able to rise through the ranks of the family insurance company and soon became the CEO of RE Lee International.
As the head of the company, Lu Qixian is steadily running this big business with an annual income of hundreds of millions.
It stands to reason that he could have enjoyed temporary prosperity and wealth with his rising and prosperous family. However, ambition, vanity and desire for status make Lu Qixian unable to be ordinary.
In his view, the disparity between the status of insurance CEOs and those of the top investment bankers is too great to deal with. So, he fabricated a Harvard MBA degree, claiming that he was also very good in financial circles. Then he boasted that he had made big investments in F1, hotels, sports cars and other fields, trying to prove that he had strong financial resources and an extraordinary status.
As everyone knows, Feihuang Tengda's ambition covered his eyes, and in the end, this illusory power and money game was punctured. The reality is unforgiving, and the public reaction is even more indifferent and disdainful. Lo Kai-yin eventually became the laughing stock of Hong Kong.
The ex-wife died of cancer, and Lu Qixian's crime was added to the first degree
When a woman is alone in the last days of her life, who must be in her mind?
In 2002, Emily fell in love with the personable Lo Kai Hsien, believing that she had found true love and happiness. The two quickly got married and also had a daughter.
However, the good times did not last long, and their relationship broke down and they divorced in 2012. Although the court ordered Lu to pay Emily HK$25,000 a month for living expenses, for Emily, there was much more to lose than just money.
In 2020, Emily, who unfortunately found out that she was terminally ill, became isolated. However, what made her most desperate was that her ex-husband Lu Qixian not only defaulted on the alimony awarded by the court, but also often went out to major drinking parties with her new love Zhang Yushan, showing her affection sweetly.
Emily, who was dying, had to admit that she was finally abandoned by this scumbag of the lucky man. In this way, she died quietly two months later at the age of 40.
Emily walked quietly. Will she regret her wishful thinking on her deathbed? Will she curse the ruthless man who took everything from her? But the reality is that no one cares about the regret or curse of a dead woman.
This has also become the most unforgivable of Lu Qixian's crimes.
Zhang Yushan's exculpation sparked heated discussions, and the two were really suspicious
When Forbes's long article was published around the world, Lu Qixian's reputation fell to the bottom and was ridiculed by all walks of life. However, just when the betrayal was leaving, his new girlfriend Zhang Yushan overturned the case for him.
The former Hong Kong sister defended Lu in public, saying that "someone is messing with him" and praised "his nature is very good". Zhang Yushan's remarks instantly caused an uproar on the Internet, and public opinion was in an uproar.
When did Zhang Yushan and Lu Qixian get together? Was there some kind of secret money exchange between the two? Was Zhang Yushan's help sincere? All of a sudden, all kinds of suspicions and doubts swept in.
After all, with Zhang Yushan's emotional intelligence and insight, he should judge Lu Qixian's true face. It seems that Zhang Yushan did not fall in love with this "gentleman" at first sight. According to industry insiders, the two have been dating for many years, and they have been separated and reunited during this period. Zhang Yushan doesn't seem to have a deep affection for Lu.
Some time ago, she suddenly posted her mansion on social platforms to show off, and traveled to Iceland with a mysterious man. There are all kinds of indications that Zhang Yushan may be planning a routine to dissociate herself from the relationship and divert attention. At present, Zhang Yushan's exculpation of Lu Qixian is really doubtful.
Forbes punishes fake billionaires and warns latecomers
The Forbes billionaires list has always valued credibility and truthfulness, and has never been soft on anti-counterfeiting. Once it is found that there are fake rich people mixed in the list, an investigation will be launched, and a public apology will be made and the wrong rich people will be deleted.
However, the severe punishment of Lu Qixian is the first time in history. At the end of 2022, Forbes resolutely dispatched 7 pages to disclose in detail the whole story of Lu Qixian's flickering selection, and even commented on those fictional luxury cars and luxury goods one by one.
And at the end of the article, he denounced him for using fabricated facts to deceive others. It can be said that this article is tantamount to completely driving Lu Qixian into a bottomless pit.
Why is Forbes so serious? Industry analysis, first, to maintain the golden signboard of the list to avoid being tarnished by fake rich people; The second is to express the strongest condemnation of the fabrication of facts in order to defraud trust, money, and benefits.
This is undoubtedly a wake-up call for those who come after it.
Now, Lu Qixian, who has fallen to the bottom, has been shouted and beaten by everyone. The aura he fabricated was shattered, and his true identity and financial resources were exposed. For careerists who covet high society and rely on false statements to gain trust, Lu Qixian is a typical negative teaching material.
I believe that after this battle, everyone will definitely learn a lesson from it and dare not repeat the mistakes of the past.