The most embarrassing Hong Kong rich man: I thought I could easily inherit my father hundreds of billions, but my father gave his assets to his grandson
Recommendation: Since the reform and opening up, China's economy has developed rapidly, and a large number of rich people have emerged from all walks of life. As the first region in China's economy to develop, Hong Kong has countless billionaires or even hundreds of billions of billionaires born here.
Today, with the passage of time, those who actively struggled with the "founding generation" have aged or are no longer alive, and their vast wealth will naturally be left to the next generation.
However, in Hong Kong, there is such an embarrassing rich second generation, who thought that even if he was "debauched", he could eventually inherit a large amount of his father's wealth, but he did not expect to miscalculate in the end. Because his father did not inherit the wealth to him, but transferred it to his grandson, and he can only receive millions of living expenses every month, this rich man is Zheng Jiachun.
In the "2021 Hengchang Burner • Hurun Rich List" jointly released by Hurun Research Institute and Hengchang Yaofang, the Zheng family wealth is as high as 155 billion, and it is still one of the wealthy families in Hong Kong.
Speaking of Zheng Jiachun, he himself did not have much success in the business world, but his son Zheng Zhigang is now famous.
The large wealth of the Zheng family mainly comes from Zheng Jiachun's father, Zheng Yutong.
Zheng Yutong is one of the four richest people in Hong Kong, on a par with Li Ka-shing, Lee Shau Kee and others, and is also the big man behind Xu Jiayin's development of Evergrande's cause. Zheng Yutong is known in Hong Kong as "Shark Guts Tong" because he is particularly bold in business and has a very good business vision, and the projects he invests in can be profitable without exception.
At the peak of Cheng Yu tong's career, he held the two major companies of Chow Tai Fook and New World, with a wealth of more than 100 billion yuan, and Li Ka-shing, Lee Shau Kee and Kwok Tak-sheng were ranked as the four richest people in Hong Kong.
But even if it is a hero, there is always a time of twilight, and when Zheng Yutong is older, he thinks of handing over the family business to his 2 sons to take care of.
Zheng Yutong's two sons were named Zheng Jiacheng and Zheng Jiachun. Unfortunately, the two sons behaved so badly that they not only never managed their careers, but also had a lot of vices in them, and most of the time they were addicted to luxury cars and beautiful women.
Because they had already determined in their hearts that their father, Zheng Yutong, would eventually give all of their property to the brothers.
In particular, Zheng Jiachun often made entertainment headlines in the Hong Kong media because of scandals with female celebrities, and gave birth to two illegitimate children, which also made Zheng Yutong very angry.
But even so, Zheng Yutong can only choose to be generous and tolerant of these two sons. Zheng Jiachun waited while indulging, and waited until he was 43 years old before he got his first chance to take over. At that time, Zheng Yutong decided to travel abroad, so he handed over the business to Zheng Jiachun to operate.
Unexpectedly, Zheng Jiachun began to make various blind acquisitions in the real estate industry as soon as he got started, and he did not know how to analyze the market situation, and he soon suffered a big loss.
As Hong Kong's real estate tumbled, the well-developed New World suddenly became nearly $7 billion in debt.
After Zheng Yutong, who was abroad, heard about it, he suddenly felt that things were not good, and immediately flew back from abroad to take charge of the enterprise again, and gradually calmed down the matter through the relations between all parties.
After experiencing this incident, Zheng Yutong also understood a truth: if the two sons continue to play like this, this family business will be destroyed sooner or later.
As a result, Zheng Yutong began to consciously cultivate several grandchildren, of which Zheng Zhigang is one of the main training objects, he not only inherited Zheng Yutong's good entrepreneurial genes, but also clean himself, brave in his career, and is a good heir.
Therefore, before Zheng Yutong died, he directly let Zheng Zhigang jump over to Zheng Jiachun to take over, which made Zheng Jiachun completely unexpected. Now the Zheng family property has been carried forward again under Zheng Zhigang, and Zheng Jiachun is also old at this time, and inheriting the family property does not really matter to him.