There is such a guy, he once took 400 yuan to Shenzhen, and after the business failed, he only had 10 yuan left in his body, and he was forced to sleep in the bridge cave at night.
He used to earn 20 million a year, but in the end he quit his job to work his own.
Now he has become China's "invisible richest man", controlling 10 trillion assets in the world, and the company he founded beats Huawei and Tencent, with a revenue of 700 billion a year.
He is Wang Wenyin, who is known as the "World Copper King".
So, how did the poor boy Wang Wenyin become China's "hidden richest man"? and how did he control the world's 10 trillion assets?
A noble son from a poor family
Wang Wenyin was born in 1968 in a small village in Anqing, Anhui Province, and like most families, his family was not wealthy.
As soon as he was born, his parents gave him the name "Wenyin", and his life was destined to deal with metals such as "gold, silver, copper, and iron".
As the saying goes, "The children of the poor are in charge of the house early." ”
Wang Wenyin has been very sensible since he was a child, and he saw his mother working hard, so he worked in the field with his mother.
Although life is very hard, Wang Wenyin has not fallen behind in his studies, and he has always been called "someone else's child" in the village.
After the success, Wang Wenyin once said: "Only continuous learning is the only way to solve any problem." ”
In 1989, Wang Wenyin was admitted to Nanjing University and became one of the few college students in the village.
After four years of college, Wang Wenyin was assigned to Shanghai Gaoqiao Petroleum and Petrochemical Company.
You must know that Takahashi Petroleum represented the advanced experience of reform at that time, and it was an enterprise established by special instructions.
In 1981, the company's fixed assets reached an astonishing 280 million yuan, and many graduates flocked to the unit.
At that time, Wang Wenyin could get a salary of 400 yuan a month in the company, which surpassed the vast majority of people at that time, because Ma Yun could only get 89 yuan a month as a teacher in Hangzhou.
But people who do big things often have a characteristic, that is, they are not satisfied with the status quo and are always seeking change.
Ma Yun was not satisfied with being an English teacher all his life, so he went to the sea to do business and founded Alibaba.
Wang Wenyin also has his own ambitions, he has always wanted to do business and make a career.
Shenzhen is full of business opportunities
In the 90s of the last century, Shenzhen was like a spring breeze, proving to the people of the whole country the benefits of reform and opening up.
At the same time, the establishment of the Shenzhen Special Economic Zone has made the land of Shenzhen full of business opportunities, and people who have been to Shenzhen say that making money in Shenzhen is as easy as picking up money.
Wang Wenyin's restless heart was ignited, and he quit his decent job and prepared to go to Shenzhen to start a business.
In the eyes of outsiders, Wang Wenyin's behavior is undoubtedly a self-defeating retreat, after all, his state-owned enterprise is not only stable, but also has high wages.
But for Wang Wenyin, what he needs is a career.
However, the complexity of the business world is far from what Wang Wenyin expected, and even if he was born in a prestigious school, he still did not find a suitable job.
The most important thing is that the 400 yuan he brought with him is almost spent, and only the last 10 yuan is left.
At night, Wang Wenyin, who had no money to find a hotel, had to sleep in the bridge cave.
In the next few days, Wang Wenyin changed his mind, he thought that since he couldn't find a good job, then he would find a position at the grassroots level.
So he went to a construction site, took off the halo of a college student, and moved bricks here.
By chance, he saw that a cable factory was recruiting a warehouse manager, so he hurriedly submitted his resume.
The work in the warehouse is much more comfortable than the construction site, and most importantly more leisurely.
In his spare time, Wang Wenyin wrote down all the cable models in the warehouse.
It turns out that opportunities are always reserved for those who are prepared, and if a person always has the heart to fight, then his life will not be too bad.
One day, the factory informed the leaders of the Hong Kong headquarters to come to the warehouse to inspect and let Wang Wenyin be responsible for the reception.
After the leader walked into the warehouse, Wang Wenyin's brain was running rapidly, and no matter what product the leader asked, he could answer it fluently.
When the leader saw that the little storekeeper in front of him had such profound knowledge, he couldn't help but be curious.
After inquiry, it was learned that Wang Wenyin was originally a college student, so he took him to the Hong Kong headquarters.
Tens of millions of investments eventually become trillions of companies
As Wang Wenyin's role in the company grows, his annual salary has reached as much as one million.
But at this time, Wang Wenyin was still not satisfied in his heart, and his dedication was burned again.
Soon after, he jumped to Hitachi, a Fortune 500 company.
For talents like Wang Wenyin, Hitachi gave him extremely high treatment, and his salary in 1995 alone reached more than 10 million.
Two years later, Wang Wenyin once again made a move that surprised everyone.
He resigned from Hitachi, returned to Shenzhen to invest 20 million, and established his first company, "Xiewei Industry".
With his experience in the cable industry, Wang Wenyin began to sell wires.
However, the company's business was not good at the beginning until the arrival of the Asian financial crisis in 1997.
The Asian financial turmoil swept through East Asia, forcing many companies to close down, a large number of people to lose their jobs, and many machinery plants to sell at low prices.
Wang Wenyin seized this opportunity to buy these factories at a low price.
At that time, many people didn't understand that others were transferred, so why did Wang Wenyin want to buy a large number of them?
After the storm passed, Wang Wenyin relied on these factories to become the largest machinery manufacturer in South China.
At this time, those who doubted finally understood that Wang Wenyin's move was to put him to death and come back to life.
Wang Wenyin made a lot of money with this investment, and he also changed the company's name to "Zhengwei Group".
When SARS broke out in 2003, the whole country fell into a panic, and copper mines across the country became an industry that no one cared about.
Copper is a necessary material for the production of cables, Wang Wenyin keenly grasped this, so he spent tens of billions of dollars to acquire a large number of copper mines across the country.
These copper mines have become an important source of wealth for Wang Wenyin in the future.
Every time a crisis comes, Wang Wenyin puts it to death and comes back to life, and he has tried this trick repeatedly.
During the 2008 world financial crisis, he set his sights on the world and purchased copper mines all over the world, so Wang Wenyin's shadow was behind the copper mining industry in many countries.
In 2015, the world's top 500 list was released, Zhengwei Group ranked 247th with a performance of 43.6117 billion US dollars, and Wang Wenyin also entered the China 100 Rich List with a net worth of 105 billion yuan.
In 2022, Zhengwei Group's annual revenue will be 722.7 billion yuan, ranking fourth among all private enterprises, beating Huawei and Tencent.
Moreover, Wang Wenyin now holds minerals in more than 20 countries around the world, with resource reserves worth 10 trillion.
China's GDP in 2021 is 114 trillion yuan, and the mineral resources in the hands of Zhengwei Group are equivalent to 8.7% of China's annual GDP.
With these copper reserves, Wang Wenyin has become the real "world copper king".
Throughout Wang Wenyin's life, he is always dissatisfied with the current status quo, constantly looking for new opportunities, and at the same time, he can also turn the tables against the wind in the most dangerous times, which is the secret of his success.
Resources:
1. Red Star News: ""World Copper King" Wang Wenyin was "limited in height" twice: once on the list of the world's richest people, and now Zhengwei is facing a crisis" October 21, 2023
2. Huaxia Daily: "World Copper King Wang Wenyin's "One-day Trip to Limit Height", with a revenue of more than 700 billion yuan a year, why is it planted to 60 million yuan?", October 20, 2023
3. Beijing News: "Behind the Capital Turmoil, the "World Copper King" Wang Wenyin and His 100 Billion Zhengwei Kingdom", September 6, 2023
4. Southern Metropolis Daily: "2022 Guangdong Top 100 Private Enterprises Released, Zhengwei Group Surpasses Huawei to Rank First", December 14, 2022
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