When the song finally ends, it is once glorious and glorious, and under the shadow of debt, it is particularly dazzling, Xu Jiayin family, this name was once closely associated with wealth and power, but now it is associated with debt collection and liquidation, which is embarrassing
This storm of wealth recovery began with the debt crisis of Evergrande Group, a former real estate giant that is now mired in a quagmire and unable to repay huge debts, which has attracted global attention, and as the ex-wife of founder Xu Jiayin, Ding Yumei is also involved in the center of this storm
This former Mrs. Evergrande lived an enviable and luxurious life, and she owned many properties around the world, from Canada to United Kingdom, each of which was worth a lot of money, highlighting her wealth and status, all of which changed with the outbreak of the Evergrande crisis
Hong Kong liquidators, like hounds with a keen sense of smell, are tracking the assets of Evergrande Group around the world, and Ding Yumei's real estate has naturally become their target
Swift and decisive, Hong Kong and London courts have successively issued global asset freezing orders against Ding Yumei, trying to recover up to $6 billion in dividends and gratuities from Xu Jiayin, Ding Yumei and former Evergrande executives, which is undoubtedly a blow to Ding Yumei, who is used to spending money like dirt
What makes it even more difficult for her to accept is that the United Kingdom court also restricts her living expenses, and she can only receive 20,000 pounds per month, although this money is quite considerable for ordinary people, but for Ding Yumei, who once lived a luxurious life, it is tantamount to a drop in the bucket
Faced with such a predicament, Ding Yumei seemed to be prepared, she immigrated to Canada, trying to avoid risks, all in vain, liquidators and creditors chased after her, and her global assets could not escape the fate of being recovered
This wealth recovery war also allows people to see the internal contradictions and disputes within the Xu Jiayin family, the relationship between Ding Yumei and Xu Jiayin has long existed in name only, and they chose to divorce on the eve of the Evergrande crisis, which was interpreted by the outside world as a transfer of assets.
And the relationship between Ding Yumei and her son Xu Tenghe also became tense due to money problems, and she even sued her son, asking for 1 billion Hong Kong dollars in assets, and making the family conflict public
The story of Xu Jiayin's family wealth is like a drama of ups and downs, full of drama and irony, they once stood at the pinnacle of wealth and enjoyed prosperity and wealth, but now they have to face liquidation and debt collection, which is embarrassing
This wealth recovery war has also triggered people's thinking about wealth, power and responsibility, and whether we should stick to the moral bottom line in the process of chasing wealth? When you have power, should you assume social responsibility?
Xu Jiayin's family experience may be able to bring some enlightenment to people, not at the expense of morality and law, and should serve society, not seek personal gain
This former Mrs. Evergrande has now become the "prey" in this wealth recovery war, and her mansions all over the world, which used to be her identity and status symbols, are now the target of creditors
Hong Kong's liquidators, like seasoned hunters, are closing in on their target, shuttling through countries and regions with legal weapons in hand, searching for the Hui family's assets in an attempt to erase their former glory
In the face of such a powerful offensive, Ding Yumei appeared a little powerless, she once tried to avoid debt collection by immigrating to Canada, but in the end she could not escape legal punishment, Hong Kong and London courts successively issued global asset freezing orders against her, and her wealth empire collapsed in an instant
The £20,000 a month is undoubtedly a huge gap for Yumei, who once lived in a priceless mansion and traveled the world by private jet, but now has to face the reality and live a budget-conscious life
What makes her even more chilling is that the once close family has also fallen apart in this wealth recovery war, and her relationship with Xu Jiayin has long been like a stranger, and they chose to divorce on the eve of the Evergrande crisis, which was interpreted by the outside world as a transfer of assets.
And her relationship with her son Xu Tenghe has also become tense due to money problems, and she even sued her son in court, asking for 1 billion Hong Kong dollars in assets, and making the internal contradictions of the wealthy family public
This wealth recovery war not only unveils the false mask of the Xu Jiayin family's wealth empire, but also exposes their internal greed and ugliness, they once did anything to chase wealth, but now they have to pay the price for their actions
The impact of this war for wealth recovery goes far beyond that, it also provokes a deep reflection on wealth, power and responsibility
Wealth and power are often seen as signs of success, and people chase wealth while often ignoring the importance of morality and responsibility
Xu Jiayin's family experience is undoubtedly a warning, which tells us that wealth accumulation should not be at the expense of morality and law, but should serve society rather than seek personal gain
When the pursuit of wealth loses moral and legal constraints, it will only lead to destruction in the end, and the Xu Jiayin family's wealth empire is built on such a beach, and finally inevitably collapses
In this wealth recovery war, what will be the fate of the Xu Jiayin family? Let's wait and see, but whatever the outcome, this turmoil will be a stark reminder that we should never forget the bottom line of morality and responsibility in our pursuit of wealth and power
This competition in the name of wealth recovery is more like a mirror, reflecting the complexity of human nature and social reality, which reminds us that on the road to success, we must stick to the moral bottom line, assume social responsibility, and don't let wealth become a shackle and power become a burden
The fate of the Xu Jiayin family may only be a microcosm, but the thinking it triggers is worth thinking about for each of us, how should we look at wealth and power in the future? And how to balance personal interests and social responsibility? These questions require us to think seriously.