1. The cruel end of a ruthless fate
January 23, 2011 was an ordinary day for many. However, on this seemingly ordinary evening, a 47-year-old business legend, Luo Zhaohui, stepped into a law firm in Dongguan, full of ambition to make a comeback.
At this time, he was discussing the details of the real estate transaction with his friends, and all this seemed to be nothing out of the ordinary, but no one expected that fate would play a cruel joke on him at this moment.
In the course of their back and forth conversation, Luo Zhaohui suddenly covered his chest, his face was painful, as if he was in great pain. His friends were immediately horrified and rushed him to the hospital for treatment.
However, unfortunately, due to the severity of his illness, Luo Zhaohui could not escape the clutches of death after all, and passed away like this.
A billionaire who was once known as a "real estate prodigy" tasted the merciless ridicule of fate at the last moment of his life. The once high-spirited young man has now disappeared without a trace, leaving only a life full of twists and turns, and it has ended in an extremely cruel way.
2. The bitter past of poor teenagers
Born into a poor family in the Chaoshan region, Lo spent his childhood near Chungking Mansion, one of Hong Kong's most chaotic buildings. Due to his family's poverty, he was forced to interrupt his studies at the age of 14 and began to struggle to support his entire family.
During those days, Chungking Mansion became a gathering place for people of all walks of life, violent clashes, brawls, and even the loss of lives from time to time. In such a harsh environment, the young Luo Zhaohui felt the warmth and coldness of the world, and in order to survive, he worked as a security guard, a handyman, and even started a salesman and other humble occupations.
No matter how hard the work is, as long as he can earn what he needs to live, he will not hesitate to do it.
Despite the hardships of life, Lo Siu-fai showed extraordinary wisdom and keen insight, and through meticulous observation, he comprehended many profound truths and philosophies about life.
After two years of working at the bottom of society, 16-year-old Luo Zhaohui finally found a job as a real estate agent, which also opened the door to his success.
What's more, in that year, he met Liu Yinxiong, who later became his life mentor, and completely changed the trajectory of his life.
3. Start from investing in real estate and create a mythical wealth legend
In the late 80s, Hong Kong's real estate market gradually showed a boom. For Law, who was still a real estate agent at the time, this was undoubtedly a once-in-a-lifetime opportunity.
With his extraordinary insight and bold and risk-taking spirit, Law Zhaohui instantly seized the opportunity in this financial turmoil.
In 1989, Lo Siu-fai decisively invested HK$65 million to acquire a piece of land in the Blancpain Centre in Sai Wan and built a luxury residential community on this basis. After going through ups and downs, when the project was gradually sold, he managed to make a huge profit of up to 70 million Hong Kong dollars.
Just two years later, in 1991, Law made another move and bought the Chungking Mansion, where he lived as a child, for a staggering HK$140 million. Although others regard it as heavy as a mountain, he sees infinite business opportunities in it.
He carefully planned a comprehensive renovation of Chongqing Mansion at a cost of 20 million Hong Kong dollars, and finally renamed it "Italian-French-Japanese Plaza". This wise decision once again helped him win a huge profit of up to 540 million.
With a keen insight into market trends and skilled trading skills, Law has amassed a huge fortune in just a few years. At the age of 27, his personal assets had reached 1 billion Hong Kong dollars, and he became famous and was known as a "real estate prodigy".
As a proud disciple of Master Lau Luen-hung, he was able to come into contact with Hong Kong's top wealthy circles, including Cheng Yu-tung and others.
Although the rapid growth of his wealth has given him unprecedented self-confidence, Lo has always maintained a high level of vigilance. He always reminded himself that he should not be complacent because of today's success, that he must maintain a sense of reverence for money and power, and that he must never forget the hard years of struggle in the past.
However, just as Law's career was beginning to emerge, he gradually indulged in the luxurious and erosive lifestyle of Hong Kong's upper class. Under the recommendation of Master Liu Luanxiong, he got acquainted with many popular female stars who attracted much attention, such as Yuan Yuyi, Li Jiaxin, Guan Zhilin, Cai Shaofen and so on.
Yuan Yuyi became his first "beauty hunting" target. Luo Zhaohui disguised himself as fiery love, and on Yuen Yuen's 20th birthday, he presented dozens of unique and precious roses.
At that time, Yuan Yuyi was innocent and completely unaware that this was just a prelude to a scam. She mistakenly thinks that she has found true love, so she devotes herself to the relationship.
However, just a few days later, Yuan Yuyi finally realized her ignorance, and thought that she had found a thoughtful and stable haven, who would have expected that Luo Zhaohui was actually a romantic playboy, and the affectionate kindness he disguised was actually just to satisfy his short-term desire to be fostered! The moment Yuan Yuyi suddenly realized, her heart was like a knife, and the pain was unspeakable.
She can only choose to face the reality, confess her mistakes to Luo Zhaohui's original partner, and sincerely apologize.
After those traumatic years, Lo seems to have found a new joy in life – he began to indulge his desires more unscrupulously. He treats the reputation of the beauties as if they were pawns, to satisfy his personal needs.
Such as Sun Jiajun and other peerless beauties, although they are well aware of the risks, they resolutely choose to throw themselves into their arms and are willing to follow Luo Zhaohui.
Li Jiaxin, who has been in the entertainment industry for many years, expressed her position with a firm refusal; But in stark contrast, Luo Zhaohui's other lover Sun Jiajun, she actually took the initiative to accept Luo Zhaohui's generous sponsorship.
At that time, Luo Zhaohui was very popular in the Hong Kong entertainment industry, and there were various peach news with many well-known actresses. His obsession with wealth and beauty has reached the point of madness.
Even once, after Sun Jiajun's investment failed, Luo Zhaohui did not hesitate to immediately remit 10 million Hong Kong dollars to show support.
However, just when Luo Zhaohui was immersed in this drunken life, the Asian financial crisis suddenly hit like a beast and gave him a fatal blow. As a mentor, Liu Luanxiong has repeatedly admonished him, hoping that he will avoid this storm.
However, at this time, Luo Zhaohui had already been blinded by greed, ignored Liu Luanxiong's advice, and insisted on buying ITC shares.
Soon after, Hong Kong's real estate market and stock market crashed, and Law suffered an unprecedented blow. His real estate was unattended, and the stock in his hand plummeted all the way until it hit the bottom.
His once sturdy capital chain collapsed in an instant, and his once-glorious business empire fell apart and disappeared.
From a billionaire to a destitute state, Luo Zhaohui's soul suffered a heavy blow. A large number of creditors and court summons poured in, and he was forced to sell his assets to pay off his debts.
However, even after paying such a huge price, Luo Zhaohui still clings to that pride in his heart, thinking that this is just a trivial setback.
When he made a desperate bet and invested only 200 million Hong Kong dollars in the stock market again, but once again suffered the blow of losing all his money, Luo Zhaohui seemed to wake up from a dream and deeply felt the imminent crisis.
He began to take refuge in all directions, trying to evade the creditors who followed him.
Under the double pressure of heavy debts and psychological pressure, this former "real estate prodigy" gradually went to the trough of his life. One night in December 2000, he hid alone on a yacht, drinking to kill his sorrows, and even had the idea of ending his life.
Fortunately, the captain found it in time and rescued him, but Luo Zhaohui had already suffered great physical and mental trauma. Since then, he has become addicted to drugs, gambling and other decadent lifestyles, and has become a complete beggar, in stark contrast to the prosperity and wealth of the past.
6. The final struggle at the end of the day
After years of wandering and suffering, Luo Zhaohui finally ushered in a glimmer of hope. A compassionate old friend generously helped him auction off the antiques he had treasured for many years.
Although this income is not easy to come by, for Luo Zhaohui, it is the last opportunity to make a comeback.
Deep down, he still burns with the passion to recreate brilliance. As a veteran in the real estate industry, how can he easily give up? With this valuable start-up capital, Luo Zhaohui quickly devoted himself to the vibrant land of Dongguan and opened a new entrepreneurial road.
However, fate always seems to like to play tricks on people. On January 23, 2011, it was on this day that fate began its new round of taunts. Luo Zhaohui took his friends to the law firm, preparing to go through the relevant procedures for the transfer of real estate, hoping to use this as a springboard to rise again.
However, no one expected that just as they were talking happily, Luo Zhaohui suddenly covered his chest, his face was distorted, and the pain was unbearable.
Shocked by his friends, he reacted and immediately rushed him to the hospital, but it was too late, and the former billionaire did not survive the battle and unfortunately passed away.
Such a hasty ending also announced that his last attempt to be reborn ended in failure.
Indeed, life is so ruthless that even the former "real estate prodigy" is not immune. However, that is all in the past, after all, at the last moment of his life, Luo Zhaohui may still have the dream of recasting glory in his heart.