Documentary Wu Guangzheng, who owns 15,645 suites, how much income can he earn by collecting rent a

Mondo Finance Updated on 2024-02-24

What is the most enviable job for young people,Rent collectionIt must be one of the answers.

In 2022, the Hurun Real Estate Rich List will be released, in addition to the familiar Li Ka-shing, Yang Huiyan and others, there is also the biggest dark horse, Wu Guangzheng, who ranks fourth.

He was called China"The number one charter company"., family ownedThe house can be earned by collecting rent, and it has accumulated to surpass Wu Yajun and Wang Jianlin with assets of 115 billion yuan.

But few people know that Wu Guangzheng also has a first-class title - "the best son-in-law in history".

Unlike other rich people, Wu Guangzheng's wealth is actually related to his marriage, that is to say, with the help of his father-in-law, Wu Guangzheng has risen step by step.

His father-in-law is famous"World Ship King" Bao YugangSo, how did Wu Guangzheng, who was not from a prominent background, enter the Bao family's "wealth empire", and why did Bao Yugang hand over his wealth to him instead of his son?

Born in Shanghai in 1946 to a father who was a famous architect, Wu Guangzheng's family moved to Hong Kong when he was 5 years old.

When he was a child, Wu Guangzheng lived a privileged life and received a good education, unlike ordinary rich children, Wu Guangzheng was very talented in learning and was also interested in architecture.

This made the father very pleased, and in order to let his son inherit his mantle, the father decided to send Wu Guangzheng to the United States for further study.

So, after graduating from high school, Wu Guangzheng embarked on a journey to the United States, and after finishing high school in Ohio, Wu Guangzheng entered the University of Cincinnati with honors to study architecture.

According to his father's plan, Wu Guangzheng could inherit his father's business and show his talents in architecture in the future, but the plan could not catch up with the changes, and Wu Guangzheng, who was educated in the United States, gradually changed his views.

He found that he didn't really like architecture, but he was exposed to it with curiosity under his father's ears, and what really interested him was finance and economics.

After graduating from university, Wu Guangzheng resolutely gave up architecture and changed to a master's degree in business administration at Columbia University, despite his father's opposition, and it was this decision that changed Wu Guangzheng's life.

At a party at school, Wu Guangzheng saw a woman with yellow ** and black eyes like himself among a group of foreigners, which made him feel a great sense of intimacy.

This woman is his later wife Bao Beirong, the second daughter of the ship king Bao Yugang.

At that time, Bao Xiangrong was also very interested in Wu Guangzheng, and because they were both Chinese, the two had a very harmonious conversation for the first time.

In Bao Beirong's view, a large part of the suitors around him in the past took a fancy to her family background, so this time he contacted Wu Guangzheng, and Bao Beirong deliberately concealed his identity.

In the follow-up relationship, the two had a good impression of each other, and Wu Guangzheng also liked this lively and cheerful girl, so he boldly pursued Bao Rongrong, and the two came together naturally.

Wu Guangzheng and Wu Zongquan.

Since then, Wu Guangzheng has never known Bao Beirong's identity, only that Bao Beirong is the same as him, and his family conditions are good.

It wasn't until he graduated with a master's degree that Bao Beirong said that his family asked him to return to China for development, and Wu Guangzheng knew that his father-in-law was Bao Yugang, who was rich enough to rival the country.

At this time, Bao Yugang has made a lot of money through the coal transportation business, and it can be said that he is steadily moving towards the throne of "the king of the world".

Knowing that his second daughter had a boyfriend in the United States, Bao Yugang did not object, but just asked his daughter to return to China after graduation and not marry a foreigner like the eldest daughter.

It can be said that Wu Guangzheng at this time has not really attracted Bao Yugang's attention, and after that, he continued to work in a bank in the United States, and Bao Beirong was thousands of miles away in Hong Kong.

Because they are far apart, the two can't see each other a few times a year, so Bao Peirong proposed to let Wu Guangzheng also return to China for development, on the one hand, his own good career, and on the other hand, the person he loves, Wu Guangzheng did not hesitate at all, and decisively chose the latter.

In 1973, Wu Guangzheng and Bao Xiangrong held a wedding, and the two officially became husband and wife.

After getting married, Wu Guangzheng also put his attitude very right, did not ask Bao Yugang to do things, and climbed up through his father-in-law, but wanted to make a living on his own.

This made Bao Yugang appreciate it very much, and with his daughter's request, Bao Yugang decided to give Wu Guangzheng a chance and arranged him in his own company.

At this point, Wu Guangzheng's piece of gold is finally going to shine, in his opinion, the success of the old man is not only his own pressure, but also the driving force, he is determined to perform well and get Bao Yugang's recognition.

And Bao Yugang also wanted to test this son-in-law, so he handed over all the affairs that some executives had to do to Wu Guangzheng to deal with, but he didn't expect that Wu Guangzheng not only handled it properly, but also was ingenious in some places, injecting new ideas and new vitality into the company.

This made Bao Yugang very satisfied, after continuous understanding, Bao Yugang liked this son-in-law more and more, and the two also had a lot in common, such as working in a bank, and they were both Ningbo villagers.

So, Bao Yugang decided to cultivate Wu Guangzheng well and make him his right-hand man, and the next thing proved that Bao Yugang was not wrong, Wu Guangzheng did have extraordinary vision and business talent.

When Bao Yugang's shipbuilding industry was thriving, Wu Guangzheng proposed to him that he could enter the real estate industry, and he would take it at any costWharf

You must know that at that time, Hong Kong had a large number of foreign gold diggers, so the demand for housing rose sharplyLi Ka-shingLee Shau Keeand other real estate tycoons, who have long seen the outlet, took the opportunity to expand their real estate territory, and all of them have become rich.

And Wharf, Li Ka-shing has long been eyeing it and quietly bought it10 millionThe shares, although secretive, still attracted the attention of all parties, so the battle for Wharf began.

It didn't take long for Wharf's stake to rise to HK$46, which was three times the initial amount, which meant that if you wanted to become a major shareholder of Wharf, you had to invest a huge amount of money.

Some businessmen retreated, but Wu Guangzheng was different, he carefully analyzed the geographical location of Wharf and felt that it was a real piece"Treasure Land".It's worth it no matter how much you pay.

So he drew up an acquisition plan, found Bao Yugang, and analyzed the feasibility from him, Bao Yugang believed in his son-in-law, and immediately made a decision, spending 300 million yuan to buy 20% of Wharf's shares.

Wu Guangzheng also officially became a director of Wharf, he was 32 years old this year, and since then, Wu Guangzheng has been running in many ways, taking out a loan of 2.2 billion Hong Kong dollars, helping Bao Yugang win 49% of Wharf's shares in one fell swoop, defeating the British consortium, and truly becoming the helmsman of Wharf.

Wu Guangzheng also relied on this battle to successfully grasp the right to speak, and since then, Bao Yugang's wealth empire has become larger and larger, and Wu Guangzheng has become more and more trusted.

In 1985, Wu Guangzheng personally took charge of the Wheelock acquisition war, which was finally consumed2.5 billionHong Kong dollar, successfully defeated Singaporean predator Khoo Teck Puat.

With his amazing courage and neat execution, Wu Guangzheng has made a name for himself in the Hong Kong business community, and he is also becoming more and more valued by Bao Yugang.

When Bao Yugang was 67 years old, due to physical reasons, he chose to delegate his power and give the family property to the children, it is worth mentioning that Bao Yugang only has four daughters and no sons, so the daughters and sons-in-law each got a lot of property.

Among them, Wu Guangzheng has the most points, not only 488% stake, and a number of onshore businesses, including Wharf and a number of hotels.

In 1986, Wu Guangzheng's worth reachedMore than HK$3 billion, became a wealthy man in Hong Kong, and since then, he has made persistent efforts and began to diversify.

In 1987, he established the large shopping mall "Harbour City"; In 1994, he spent another 2.2 billion Hong Kong dollars to establish "Times Square" in Beijing; In 2000, Shanghai's "Times Square" was also built, and after that, Guangzhou, Shenzhen, Dalian and other cities, "Times Square" sprung up like mushrooms after a rain.

By 2015, Wu Guangzheng, who was already worth tens of billions of US dollars, only built real estateAt this time, he was 69 years old, and after decades of ups and downs in the business world, he chose to retreat bravely.

As a result, Wu Guangzheng's 37-year-old son Wu Zongquan successfully became the controller of the empire, however, some people joked: Wu Zongquan doesn't have to fight at all, only more than 15,000 houses are rented, and he earns 16 billion a year, and he can't spend it in a few lifetimes.

The fate of people is different, some people may be born in Rome, and some people need to put in great effort, but no matter what, you must look forward, seize the opportunity, and achieve yourself.

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