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On October 15, 2008, Mr. Wang Yongqing, who was once the richest man in Taiwan, left this world forever at the age of 91.
Before his death, he left behind a huge wealth of more than NT$600 billion (equivalent to about 140 billion yuan) in the world, which is really jaw-dropping!
What makes people sigh is that Mr. Wang Yongqing left in such a hurry that he didn't have time to leave a detailed will.
This negligence directly led to his death, and a total of 12 heirs, including his three wives and nine children, immediately fell into a thrilling battle for inheritance.
Time flies, 14 years have passed in a blink of an eye, but this protracted "production drama" is still unresolved.
It is worth our attention that among the three wives, the eldest and second rooms have passed away in 2011 and 2012 respectively, and now only the third wife Li Baozhu and her four daughters are left, and Wang Yongqing's other heirs have launched a fierce competition around the family property worth hundreds of billions.
Although nothing is yet decided, in this family civil war that has lasted for many years, Ms. Li Baozhu has undoubtedly quietly risen to become the biggest winner. She came from a poor background, and her journey was full of hardships.
In 1935, Ms. Li Baozhu was born in a poor family, and her family was poor since she was a child, and at the age of 8, she had to start working as a "domestic helper" in other people's homes to take on the heavy responsibilities of the family.
In her youth, she hurriedly entered the palace of marriage, but was violently abused by her husband, and finally chose to divorce under the difficult situation of raising a daughter alone.
Li Baozhu, who has nothing, has the only belief in his heart is to work hard and earn enough money to live a happy life. After years of ups and downs, she has long felt the pain of poverty, and she is willing to pay any price in order to realize her dream of wealth.
For a divorced single mother with children, the best way to get rich quickly is undoubtedly to marry into a wealthy family.
Ms. Li Baozhu chose this path, and she frequented the social occasions of high society in an attempt to attract the attention of the wealthy.
Although she was beautiful and had many suitors when she was young, most people would not hesitate to abandon her divorce and the fact that she had already given birth to a daughter.
However, Mr. Wang Yongqing is a special case, and he fell in love with Ms. Li Baozhu at first sight.
In 1958, 23-year-old Ms. Li Baozhu met Mr. Wang Yongqing, a business magnate worth more than 100 million yuan at that time, by chance. In just a few months, she managed to win the favor of the business magnate beyond everyone's expectations.
Mr. Wang Yongqing not only eagerly married Ms. Li Baozhu, who came from an ordinary background, as his third wife, but more importantly, he regarded the daughter Wang Ruiji, born to Ms. Li Baozhu and her previous husband, as his own flesh and blood, and even gave her a new name.
As a result, Ms. Li Baozhu, who was originally born poor and lived an embarrassing life, joined a wealthy family in an instant and lived a luxurious life like an aristocracy. Because of her deep love for Mr. Wang Yongqing, her life situation has changed dramatically, completely changing the trajectory of her life.
However, it is not easy to stand out among the many women around Mr. Wang Yongqing. First of all, Ms. Li Baozhu skillfully used the "emotional strategy" to successfully expel Ms. Lin Mingzhu, who had given birth to three children from Mr. Wang Yongqing, so that all three children changed their surnames to Luo, thus gradually moving away from the Wang family.
Immediately afterwards, Ms. Li Baozhu turned her attention to the biggest obstacle - Ms. Wang Zhanxiang, Mr. Wang Yongqing's mother.
She learned more about her love for Cantonese opera and Fujian cuisine, so she spent a lot of time learning singing and cooking skills, and served her mother-in-law exquisite performances and delicious dishes, which eventually won her affection.
It is through these well-planned means that Ms. Li Baozhu gradually broke through the last line of defense for marrying into a wealthy family. In order to stabilize her position, she also tried her best to persuade Mr. Wang Yongqing to hold a grand wedding, so that their marriage relationship looked more solemn and formal, and she was fully prepared for a possible future inheritance competition.
During this period, Ms. Li Baozhu gave birth to four daughters for Mr. Wang Yongqing in succession, they are Wang Ruihua, Wang Ruiyu, Wang Ruihui and Wang Ruirong, all of whom bear the name of the half-sister Queen Ruiji.
Although no son can inherit the incense, Ms. Li Baozhu still occupies an important place in Mr. Wang Yongqing's heart.
So, what is the reason for this? This has to start with Ms. Li Baozhu's attitude towards Mr. Wang Yongqing. Unlike other people's customary use of referring to Mr. Wang Yongqing as "husband", Ms. Li Baozhu prefers to call him "boss" and treat him as respectful and humble as her subordinates treat their leaders.
On one occasion, the camera captured a scene where Mr. Wang Yongqing accidentally loosened his shoelaces while walking outside, and Ms. Li Baozhu immediately leaned down and quickly tied his shoelaces without hesitation.
This kind of meticulous care makes Mr. Wang Yongqing feel very comfortable.
In comparison, Yang Jiao's way of doing things as a second wife is a little domineering. She often positions herself as the mistress of the Wang family, and she criticizes and blames the business magnate without regard for the other party's feelings, and this arrogant behavior deeply disgusts Wang Yongqing.
In stark contrast to this, Li Baozhu's gentleness and thoughtfulness and prudence in words and deeds.
From the moment she stepped into the door of the Wang family, Li Baozhu showed great ambition, she longed to become "the only one in the house", hoping that her four daughters could inherit Wang Yongqing's career.
In order to achieve this grand goal, she must clear the three insurmountable mountains of Lin Mingzhu, Guo Yuelan and Yang Jiao.
First of all, Lin Mingzhu, as an "outer room" whose identity has not yet been officially recognized, although he gave birth to three children for Wang Yongqing, he has never been able to marry into the Wang family as he wished, and can only live in the outer house.
Li Baozhu used all his strength, and finally succeeded in angering Lin Mingzhu, so that he could not stand Wang Yongqing's indifferent treatment, and angrily chose to marry a government official named Luo, and changed all three children to the surname Luo, and cut off contact with the Wang family from then on.
Secondly, Yang Jiao, as Wang Yongqing's second room, has two sons and three daughters. Li Baozhu carefully planned a "jealousy trap".
When Yang Jiao became pregnant again, she deliberately showed jealousy and questioned Wang Yongqing: "If you really love me, why do you want her to get pregnant?" Wang Yongqing was deeply shocked when he heard this, and immediately returned to Yang Jiao's side, complaining that he was too doting on her, which caused Li Baozhu's strong dissatisfaction.
After these remarks reached Yang Jiao's ears, she instantly understood that her status in Wang Yongqing's mind had been surpassed by Li Baozhu. So, in 1975, she took her young son Wang Wenxiang, who was only nine years old at the time, to the United States and never returned.
Yang Jiao's departure made Li Baozhu's position more and more stable.
The last obstacle is Guo Yuelan, the wife of the big house. Due to her failure to give birth, she has long been alone in the empty house, and her position is precarious. Li Baozhu skillfully used the "envelopment strategy" this time to constantly close the relationship with Guo Yuelan and her family, and finally prompted her to voluntarily withdraw from this power struggle.
After a series of thrilling struggles, Li Baozhu successfully defeated three powerful opponents, Lin Mingzhu, Yang Jiao and Guo Yuelan, with his outstanding wisdom and means. In addition, she gave birth to four bloodline continuators for Wang Yongqing, and under her husband's favor, her status in the Wang family has become indestructible.
In order to declare the legitimacy of his marriage and then snatch a huge share of Wang Yongqing's huge inheritance, Li Baozhu urged Wang Yongqing to hold a grand wedding and carefully plan every step of the future struggle for power.
Since then, Li has focused all her attention on nurturing her four daughters, hoping that they will wield real power within the Formosa Plastics Group.
With the influence of her mother Li Baozhu, even the non-biological daughter of the eldest queen Ruiji was arranged in a middle-level position in the Formosa Plastics Group and became one of the famous "Four Golden Flowers of Formosa Plastics".
Li Baozhu's ultimate dream is to put all the property and power left by Wang Yongqing into the pockets of himself and his four daughters, and realize the great cause of "one house and one house". Faced with this ambitious goal, she did everything she could, defeating all her competitors one after another.
In 2008, at the age of 91, Wang Yongqing died suddenly, leaving behind a jaw-dropping fortune of 100 billion. As the de facto leaders of Formosa Plastics, Li Baozhu and her four daughters are the natural protagonists of this battle for inheritance.
In the initial stage, Li Baozhu's two daughters, Wang Ruihua and Wang Ruiyu, and Wang Yongqing's nephews, Wang Wenyuan and Wang Wenchao, joined forces to form the prestigious "Formosa Plastics Core Group" and firmly grasped the decision-making power of the group.
It can be seen that although they are relatives of the Wang family, as Wang Yongqing's own nephews, Wang Wenyuan's brothers once shared the actual power of Formosa Plastics Group.
However, Li Baozhu is not satisfied with this. She knows that the Wang Wenyuan brothers, as direct relatives, have a certain blood advantage, and they are likely to threaten her and her daughters' control of Formosa Plastics in the future.
As a shrewd and capable woman, Li Baozhu must not sit idly by and watch such a thing happen.
Therefore, in the years after Wang Yongqing's death, she carefully planned and finally succeeded in forcing Wang Wenyuan's brothers to hand over the real power in their hands. How exactly does this process work? I am afraid that only Li Baozhu himself can understand the mystery.
Judging from the final results, her series of actions have undoubtedly achieved remarkable results. Once the Wang Wenyuan brothers were marginalized, Li Baozhu completely swept away the obstacles in her way, and she and her four-daughter Sanfang family became the real masters of the Formosa Plastics Group.
Mr. Li Baozhu is also known as the "Emperor" of the Group, and has impeccable decision-making power and supreme command power for the Group's internal management and external scheduling, and can be described as an outstanding leader of Formosa Plastics Group.
Her four daughters have successfully become the core decision-makers of the group, and have been praised by the world as the "Four Golden Flowers of Formosa Plastics".
Years ago, Ms. Li Baozhu was just a powerless woman, but now she is able to control a vast business empire that surpasses that of many men.
She seems to have gradually climbed to the pinnacle of life from a poor boy who was despised, and became the patriarch who has hundreds of billions of assets.
In contrast, the five children of Yang Jiao, the second wife, have been completely reduced to marginal figures. Although they also have Wang Yongqing's blood in their veins, under Ms. Li Baozhu's all-out offensive, they have been completely excluded from the decision-making core of Formosa Plastics Group and cannot participate in the decision-making of any major affairs.
In the eyes of the outside world, the reason why Ms. Li Baozhu was able to have the last laugh in the battle for the royal family's property was undoubtedly due to her outstanding wisdom and invincible skill.
She climbed from a divorced woman with children to the top of her life step by step, became the favored wife of the richest man, and successfully controlled a huge business empire with hundreds of billions of assets.
This story can be called a classic legend of divorced women "from rich to poor to rich".
Now, Ms. Li Baozhu, who is nearly 87 years old, has finally become the final winner in this long and fierce "war for production" of the Wang family. She not only firmly controls the industrial foundation of Wang Yongqing before his death, Formosa Plastics Group, but also inherits the hundreds of billions of net worth wealth left by Wang Yongqing.
Looking back on Ms. Li Baozhu's life, she has experienced various hardships such as poverty, failed marriage, and marrying into a wealthy family. When she was young, her family was poor, and she had to start working as a domestic helper in someone else's home at the age of 8 to take on the responsibility of the family.
In her youth, she hurriedly entered the marriage hall but was violently treated by her husband, and finally could only divorce and live alone with her daughter.
Ms. Li Baozhu, who has nothing, has been in desperate situations many times, and the only belief in her heart is to work hard to make money and live a happy life for herself and her daughter. In order to realize this dream, she did not hesitate to resort to any means, and even firmly decided to marry into a wealthy family.
Amazingly, in that accident in 1958, Li Baozhu was able to meet Wang Yongqing, a business magnate worth hundreds of millions of dollars, and quickly captured his heart full of wealth.
Since then, this girl from a poor family has finally opened the door to endless wealth and started a new chapter in her life.
However, after having such a rich material life, Li Baozhu was not satisfied with this, but with a great ambition, he secretly planned a conspiracy to seize power and property.
In order to achieve this grand goal, after marrying into the Wang family, she devoted decades of time and effort to gradually eliminate the obstacles of other houses.
First of all, she cleverly designed Lin Mingzhu's "outer room" to leave on her own initiative; then, she used lethal means to make the second room Yang Jiao angrily go to the United States; finally, she used the "envelopment strategy" to force the big house Guo Yuelan to choose to "retreat without a fight".
After a series of careful planning, Li Baozhu finally defeated all competitors and monopolized Wang Yongqing's favor. In order to highlight her status as a wife, she tried her best to persuade Wang Yongqing to hold a grand wedding, and was fully prepared for the future competition for the inheritance.
Subsequently, she went all out to train her four daughters into the "Four Golden Flowers of Formosa Plastics", successfully arranged for them to enter the top management of the group, and laid out the layout for the industrial succession in advance.
After Wang Yongqing's death, Li Baozhu ruthlessly forced Wang Wenyuan and other nephews to hand over real power, so that the Sanfang family firmly controlled the Formosa Plastics Group.
Now, she has not only become the "emperor" of Formosa Plastics, but also inherited the hundreds of billions of wealth left by Wang Yongqing, and has become the patriarch who controls the Wang family's hundreds of billions of assets in one fell swoop.
The legendary experience of this woman from a poor background can be called a model of divorced women "from poor to rich to winners".
From "divorce with a baby" with nothing, to marrying into a wealthy family and controlling hundreds of billions of family assets, Li Baozhu has completed the biggest counterattack in her life with her wisdom and skill.
Today, at the age of 87, she remains healthy and energetic, and rarely appears in public. Maybe it's because she's too old, or maybe it's because she's no longer a threat, and she doesn't need to show up as often as she used to to assert her power.
Because at this moment, she has become the real helmsman of the Wang family, mastering everything.