In 2008, Wang Yongqing, a wealthy businessman, died suddenly, and his children wanted to withdraw the 40 billion he had deposited in the Swiss bank, but he didn't expect that he was not only refused, but even had to pay 30 billion inheritance tax!
Have you ever seen a situation where money is stored in a bank but cannot be withdrawn? Ordinary families still have inheritance disputes, let alone those rich people who are worth more than 10 billion yuan and have many children. Therefore, these rich people will make wills before their deaths to avoid the occurrence of family members fighting for inheritance after their deaths.
However, there is such a rich man in Taiwan, because he did not make a will in advance, so after his sudden death, the 40 billion inheritance deposited in the Swiss bank could not be withdrawn, even if his children wanted to get this inheritance, they had to pay 30 billion inheritance tax first.
So what is going on? Why is he so rich, why is the Swiss bank "cheating", and will his children be able to withdraw the money in the end?
Wang Yongqing's ancestors were Fujianese, and later due to practical reasons, the Qing Daoguang moved his family to Taiwan Province, the Wang family is good at farming, grasp the opportunity, and learn that the profits of tea are far greater than the benefits of farming, at that time Wang Yongqing's great-grandfather resolutely chose to plant tea as a source of livelihood for a large family.
It's just that the Wang family has a lot of children, and the normal tea planting business has not made the Wang family rich, so Wang Yongqing dropped out of school early and entered the society to work hard. Wang Yongqing was apprenticed at the age of 15 in a rice shop, and his work in the rice shop cultivated Wang Yongqing's industry cognition and gradually inspired his business acumen.
After only working in a rice shop for one year, he borrowed 200 yuan from his father, and he wanted to use the 200 yuan to start his own rice shop. Since opening this rice shop, Wang Yongqing has put his heart and soul into it, in order to compete with others, he has sifted his rice very clean, attracting a large number of customers.
Later, Wang Yongqing's rice shop continued to expand, and in less than five years, he opened a rice factory with profitable money, and with the support of customers, he earned his first pot of gold in less than ten years.
By chance, Wang Yongqing learned that due to the impact of World War II, there was a huge gap in the demand for timber in various countries around the world, so timber has become a commodity in short supply in the international market. Wang Yongqing decided to take a risky move and gave up the rice shop he had been running for ten years.
He invested all his savings in returning to his hometown to buy 50 acres of land to plant trees, and took the initiative to buy high-quality timber from other places. Wang Yongqing made a lot of money in the timber business in a short period of time and completely realized financial freedom.
This wealth did not stop Wang Yongqing, who then invested in a variety of industries, from plastic processing to PVC production, from wood furniture to medical equipment. And Wang Yongqing also relied on so many industries to make himself the richest man in Taiwan.
After the success, Wang Yongqing did not waste extravagantly, but was enthusiastic about public welfare. In the first time after the Wenchuan earthquake, he donated 100 million yuan to the disaster area, which caused quite a stir at that time.
When Wang Yongqing was 91 years old, he died of illness, and before his death, he distributed his family wealth, of which 80% of the assets were used to establish a trust fund to invest in education.
In addition, 40 billion was deposited in the Swiss bank, because the handover procedures could not be completed, Wang Yongqing died in a hurry, and did not make a will, and the family was told that they could not take it out when they received the Swiss bank's inheritance.
Wang Yongqing's family can be described as very large, with a total of 3 wives and 9 children in his life. In order to get back this part of the inheritance, they can only coordinate through the government, and the result of coordination is that his children need to pay 30 billion inheritance taxes to withdraw the 40 billion yuan.
The reason why Wang Yongqing deposited this money in a Swiss bank was because he heard that Swiss banks were very safe before his death, so he decided to deposit 40 billion yuan into them.
But he didn't expect that his unexpected death made it impossible for his overseas assets to be fully recovered, which also led to disputes over inheritance rights among Taiwanese children.
According to the current situation, if Wang Yongqing's children want to take out the money, then they can only face the result of "changing" 40 billion yuan into 10 billion.
So far, because Wang Yongqing's sons and daughters are unwilling to hand over the huge inheritance, and there is no agreement between several people, the money has never been withdrawn from the bank in Switzerland.
Over time, the money will be converted into Swiss banks, and it will become more difficult to withdraw it again. Do you think Wang Yongqing's property will eventually be taken out?