With the rapid development of the domestic economy, in many fields continue to emerge from tens of billions of rich people, there is such a rich man in Shandong, once helped Wanda Wang Jianlin financing, and Liu Chuanzhi is a member of the regal organization, who is he? What business did you get rich in?
<h1 class="pgc-h-arrow-right" data-track="2" > fund wang Jianlin's 2.5 billion invisible billionaires</h1>
Due to the convenient transportation in the southern provinces and the large number of business groups, most of the rich people have come out of the south, and in the north of Shandong, there is also such a rich man, even Wang Jianlin needs his financial support, he is the richest man in Shandong Lu Zhiqiang.
On October 22 this year, the news of the reduction of Oceanwide Holdings by Shenzhen Stock Connect attracted people's attention to this enterprise, and the Shenzhen Stock Connect accumulated 1.0266 million shares of Oceanwide Holdings.
The actual controller of the company is Lu Zhiqiang, who broke into the new wealth list in May 2020 with a value of 33.3 billion yuan, ranking 67th.
The richest man in Shandong has a very large asset scale, his main business has more than 40 listed companies, and the Hong Kong rich Li Ka-shing family has only 20 listed companies in total, so its total operating scale is twice that of Li Ka-shing.
Not only that, on December 23, 2014, when Wanda Group was listed in Hong Kong, Lu Zhiqiang personally went to the scene to support Wang Jianlin, and then when Wanda Cinema was listed, Lu Zhiqiang took out 2.5 billion assets to buy Wanda Cinema shares.
In October 2016, Lu Zhiqiang even spent $2.7 billion to acquire financial insurance companies in the United States, and Oceanwide Holdings has such a huge development scale, how did Lu Zhiqiang do it?
<h1 class="pgc-h-arrow-right" data-track="9" > transformed from teacher to richest man</h1>
Lu Zhiqiang was born in 1952 in Weihai, Shandong Province, because his family was poor, he was determined to study hard and find a stable job, and after finishing his studies, Lu Zhiqiang became a teacher.
After that, Lu Zhiqiang saw the economic boom of opening up to the outside world and was determined to transform into the real estate industry, in 1989, Lu Zhiqiang registered Oceanwide Holding Company, the highest registered amount exceeded 4 billion yuan, and in the same year, Lenovo, Haier and other giants have appeared in the market.
In 1995, Lu Zhiqiang, at the recommendation of Liu Chuanzhi, joined a rich organization called Taishan Hui, which included Liu Chuanzhi, Duan Yongji and others.
At the same time, it is precisely because of the conversation and cooperation with various business giants that Lu Zhiqiang's enterprises have been rapidly developed, in February 2017, Lu Zhiqiang opened a large-scale acquisition plan, not only won Hong Kong's Quam International, but also acquired the American IDG company in the following month, according to Lu Zhiqiang's idea, he wants to expand the business scope of Oceanwide Holdings to banking and finance, fund trusts and stock securities and other fields.
At the same time, after his business became bigger and stronger, Lu Zhiqiang began to continuously help the member enterprises of Taishan Association, as evidenced by the 2.5 billion yuan investment gained by Wanda's listing.
Therefore, in a public speech in 2014, Wang Jianlin emphasized his gratitude to Lu Zhiqiang.
But at that time, no one expected that Lu Zhiqiang would now be saddled with huge debts.
<h1 class="pgc-h-arrow-right" data-track="17" > 200 billion in liabilities forced the richest man to sell assets</h1>
Like almost all companies with high debts, Lu Zhiqiang's Oceanwide Holdings is also because the business scope expands too quickly, resulting in a break in its own capital chain, and in 2018, it was saddled with 200 billion yuan of debt, and the interest rate of one year was 2 billion.
As Oceanwide Holdings' financing and holding capacity deteriorated in 2019, the company's performance declined sharply, and in 2020, a batch of gold products guaranteed by Oceanwide Holdings were found to be copper alloys, and such a crisis quickly caused Oceanwide Holdings' corporate reputation to plummet, and its two most valuable companies were pledged 137 times.
In December 2020, Oceanwide Holdings' net profit loss was as high as 4.6 billion yuan, and by the end of the month, the company's accumulated liabilities had reached 236.3 billion yuan.
And it is worth mentioning that at the beginning of October this year, Lu Zhiqiang, the former richest man in Shandong, was listed as an executor, with an amount of about 4.9 billion yuan.
Recalling lu Zhiqiang's investment of 46.3 billion yuan in 2016, it is really regrettable that he has become a lao lai because of 4.9 billion yuan.
The Taishan Association organization it once relied on has long been forced to disband because of the disagreement of members, and now from the end of 2020 to the beginning of this year, the equity of Oceanwide Holdings has been repeatedly reduced by the major shareholders, and how Lu Zhiqiang should lead his company to go forward in the future, we wait and see.