The 97 year old rich man has an inheritance of 42 billion, and the 15 heirs have 2 million pocket m

Mondo Education Updated on 2024-01-31

After the death of Hong Kong tycoon Hui Shixun, the management of his estate has sparked heated discussions in the society. He has 42 billion assets in his hands, but he did not leave all of them to his son, but stipulated that he would give 15 heirs 2 million "pocket money" every month through the trust company, which caused many controversies. Is Xu Shixun really too stingy?Let's ** it. Born in 1921, Xu Shixun was concerned with only four things in his life: money, horses, and the marriage of his wife and son. He started his income with his father, Koh Oi Chau, a businessman who had achieved great success in shipping and real estate. Heo is in charge of the family's worst-run real estate business, yet he is one of the three most business-minded and longest-lived brothers. In the 80s of the 20th century, he had the foresight to shrink the family business, focus on the development of real estate, and invest heavily in the booming period of Hong Kong's real estate, the family's assets once reached 6.5 billion yuan, ranking 15th on the list of Hong Kong's richest people in 1990.

However, although Heo Se-hoon already had a huge fortune, he did not leave it all to his son. On the contrary, he entrusted the administration of the estate through a trust company, stipulating that 15 heirs would be given 2 million "pocket money" every month, and each person could receive 24 million in a year. This move has sparked heated discussions in the society, especially in the context of the annual disposable income of ordinary people of 35,128 yuan, this huge amount of "pocket money" has brought people a strong shock and doubts. Whether Xu Shixun's approach is too stingy has become the focus of debate. In the face of doubts about the distribution of Hsu Shixun's estate, we may need to look at this issue more rationally. Xu Shixun may not be too stingy, but has his own thoughtfulness. He may be aware of the negative impact that huge wealth may have on family members, so he chooses to manage the estate through a trust company, stipulating that a certain amount of "pocket money" is given every month to balance the relationship between family members and avoid wealth from causing ** and damage to family and personal relationships.

This approach may be able to better protect the family's wealth, as well as the relationships between family members. Although there are doubts about Hsu's approach, perhaps it is a wise choice he made when thinking about how to better manage and distribute his vast wealth. Perhaps, we can get some inspiration from Xu Shixun's estate management, and look at the management and distribution of wealth more rationally, as well as how to maintain a good relationship in the family and avoid unnecessary conflicts and disputes arising from wealth. Xu Shixun's behavior may be worth pondering. In the face of huge wealth, we need to think about how to better manage and distribute wealth, and the impact that wealth can have on family and personal relationships. What do you think about this move by Xu Shixun's estate?How do you think it should be better managed and distributed in the face of huge wealth?Feel free to leave a comment to share your thoughts.

Hong Kong billionaire Hui Sai Fun: A touching love story behind his billionaire net worth of 42 billion, Hong Kong billionaire Hui Shixun, in addition to his great commercial success, also has a touching love story. Not only does he have a soft spot for horse racing, but his relationship with his wife, Jian Jianxun, is warm and touching. What kind of story is it that makes people moved?Hui started keeping horses in captivity 61 years ago and has a soft spot for horse racing, owning more than 100 horses, becoming the first wealthy man in Hong Kong to raise more than 100 horses. He often takes his beloved horses to competitions, and his horses have won hundreds of championships, and one of his beloved horses named "Canchao" has even won 12 races, earning him 25 million Hong Kong dollars. These stories undoubtedly show Heo's love and dedication to horse racing. However, Hui Shixun's deep love for his wife, Jian Jianxun, far exceeded his love for horse racing. In the early years, many Hong Kong tycoons would have multiple wives or lovers, but Hui Shixun favored Jian Jianxun alone.

Since the two were married, Heo has never been rumored to have had an affair with another woman, and he always brings his wife with him in business activities. In addition, he would accompany his wife out shopping and visiting the market, and the two were always close. Heo Se-hoon is a business leader outside, but when he returns home, he dotes on his wife like a child, and even when she suffers from Alzheimer's, he has always been by her side. Xu Shixun's unwavering devotion to his wife and the deep affection between the two touched everyone. Even though his wife suffers from Alzheimer's disease, she still remembers her husband Heo Shixun. This precious relationship has become a clear stream in Hong Kong society, which makes people sigh and move. Heo's story tells us that in addition to business success, sincere family feelings are also worth pondering. Behind the success, the warmth and happiness of the family are the most precious. The touching love story of Xu Shixun and Jian Jianxun is not only moving, but also raises many questions for us to think about. In this materialistic society, how to maintain the warmth and happiness of the family?

How do successful people balance career and family?Let's dive in and think about it together. In Heo Se-hoon's love story, we see the warm family behind a successful businessman. No matter how brilliant the career, the companionship and warmth of the family are the most precious. For us ordinary people, perhaps while pursuing success, we should cherish the warmth of the family and give more care and companionship to the family. How do you think successful people can better balance their careers and families in today's society?Feel free to leave a comment to share your thoughts. The story of family wealth inheritance is always in the spotlight, especially when the conflicts within the family are intertwined with wealth inheritance. The family of Chinese business magnate Xu Shixun is one such story. When the eldest son died suddenly, the fate of the family took a sharp turn, causing problems with the inheritance of family wealth and more family conflicts. This family story raises questions about the importance of family wealth inheritance and family relationships.

The sudden death of his eldest son Xu Jingan disrupted Xu Shixun's plan for the inheritance of the family business, and after the death of his eldest son, Xu Shixun's youngest son Xu Jinheng was not the heir who reassured him. Xu Shixun's plan has encountered great challenges, and how to inherit the family wealth has become an important issue in front of him. In order to solve the problem of family wealth inheritance after the death of his eldest son, Xu Shixun once considered letting his younger son inherit the family business, but the younger son's careless behavior made him finally decide to hand over the family business to a special person, and Xu Jinheng could only name in the company. The decision has attracted a lot of attention and speculation, as well as concerns about the future of the family business. Before Xu Shixun's death, he established a family trust** to distribute 2 million "pocket money" to 15 members of the family every month. There is a lot of speculation about this approach, and some people believe that this is because no one can inherit the Xu family's business as perfectly as the eldest son Xu Jingan, and this inheritance distribution method is adopted in order to ensure that future generations will not sit on the throne.

Such a move has aroused public concern about the inheritance of family wealth, and also triggered speculation about the contradictions within the family. However, Xu Shixun's daughter-in-law Li Jiaxin's extravagant life has attracted widespread attention from the society. Her monthly expenses are comparable to the income of ordinary people in a lifetime, and even after the death of her father-in-law, she still spends lavishly, even spending 4.22 million yuan to buy parking spaces. This extravagant behavior raises more questions about the inheritance of family wealth, and also triggers discussions about the contradictions within the family. In this family story, wealth inheritance and family conflicts are intertwined, making people think deeply about the importance of family wealth inheritance and the relationship between family members. How to balance the personal wishes of family members and the inheritance of family wealth is an important issue in front of every family member. What should we think about such a family inheritance issue?Is there a better way to fix it?Feel free to leave a comment to share your thoughts.

The distribution of wealth among wealthy families in Hong Kong has become a hot topic, and the 420 billion family assets of Li Jiaxin and the Xu family have triggered people's thinking about the distribution of inheritance. In the inheritance of family property, the distribution of Li Ka-shing and Liu Luanxiong has sparked a discussion of fairness and justice in society. At the same time, the world's well-known and wealthy people have also chosen to use their wealth for philanthropy. If we also have a large amount of property, how will we choose to divide it?Will it be left to the children or will it be used for charity?Let's take a look at this topic. The way of inheritance of family property has caused thinking Li Ka-shing almost handed over the entire family entity industry to his eldest son Li Zeju, while his youngest son Li Zekai only got 110 billion yuan in cash. This distribution method has led people to think deeply about the fairness of inheritance distribution. Li Ka-shing shouted that if the two sons are not satisfied with the estate distribution plan, they can be replaced at any time, which seems to ensure the fairness of the estate distribution to a certain extent. However, can this approach avoid conflicts within the family?Perhaps this is also a question worth pondering.

Liu Luanxiong adopted a different way of distributing his property, dividing most of his property among the eldest and Gambi's three children, and not giving a penny to the others. This distribution method has sparked a discussion in society about the inheritance and fairness of family property. Is this way of property distribution in line with social fairness and justice, and is it in line with the harmonious development within the family?The philanthropy of the rich chooses the world's famous rich people also have their own unique ways of distributing their wealth. Facebook founder Mark Zuckerberg and stock god Warren Buffett chose to put their wealth to charity. Mark Zuckerberg and his wife say they use their wealth for charity rather than leaving it to their daughters because they believe they have a moral responsibility to all children in the next generation. And Warren Buffett also said that he left 100% of his fortune to his best friend Bill Gates, instead of his own 3 children. This way of using property for philanthropy has led to reflections on wealth inheritance and social responsibility.

Thoughts on the Distribution of Property If we have a huge amount of property like the Xu family, how will we choose to distribute it?Will you give most of the family estate to your eldest son, as Li Ka-shing did, or will you use your wealth for philanthropy like Mark Zuckerberg and Warren Buffett?This is a question worth pondering. The inheritance of family property is not only related to the harmony and stability within the family, but also to the fairness and justice of the society. Perhaps when distributing property, we need to give more consideration to family harmony and social responsibility. Conclusion In the face of huge family assets, the distribution of property is not only a matter within the family, but also a major issue related to social fairness and responsibility. We need to think about how to ensure the harmony and stability of the family in the inheritance, and at the same time fulfill social responsibilities. What do you think about the way property is inherited?We look forward to discussing and communicating with all of you!

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