Although Song Ailing does not often appear in public, she has become the de facto ruler of the Song family with her shrewd mind and successful marriage, and has accumulated a lot of wealth in only ten years, becoming the leading rich woman in the ** period.
Song Ailing did not rely on ordinary business to accumulate wealth, but frantically collected money through various means, which can be said to be more than equal. As Chiang Kai-shek's wife, Kong Xiangxi also soared with her marriage, starting from 1928, Kong Xiangxi held important positions in the national **, and even succeeded Song Ziwen as finance minister in 1933, and began a 12-year career in charge of the national ** finance.
In the group photo of the three sisters, Song Ailing's wealth can be seen.
Although Kong Xiangxi and Song Ailing are the richest people in Shanxi and have a lot of wealth, for Song Ailing, these riches are far from enough. Song Ailing made a living from power, used Kong Xiangxi's power to illegally obtain the economic secrets of the people, used the treasury funds to carry out corruption, made the country difficult to make money by unscrupulous means, and squeezed the people's hard-earned money.
In 1932, when Kong Xiangxi and Soong Ailing visited Europe, they made a large amount of ill-gotten wealth in the name of buying arms. In Italy, they were warmly received by Mussolini and successfully purchased more than 20 Feixia bombers.
In exchange, they hired Italian consultants.
Soong Oi Ling reached a $25 million arms deal with Hitler, and she took care of the specific affairs, thus amassing a lot of wealth. Arms ** is only part of her money-making, and the bigger money-making channel is finance.
Shanghai has become the most important cash circulation place in China because of its geographical advantages and leasing factors, and the Shanghai ** Exchange was born in this context. Song Ailing naturally will not miss the opportunity to make money in the market, she saw the inflated price when the Shanghai ** Exchange opened the auction of the second and third customs bills worth about 70 yuan in 1935, so she rushed to empty all the second and third customs bills before the price was settled, and then added a large number of relatively safe cigarette treasury bills.
It turned out that in the ten-mile market, the second and third levels of treasury bills were quite good, and some speculators began to look for opportunities in large quantities. This is a market-led problem, however, they have encountered obstruction from Song Ailing and others.
Song Ailing commanded Song Ziliang and asked him to summon some people to raise the ** grid when the auction started, so that the ** of the second and third pass treasury bills continued **, and many people "lost their eyes" because of this, but most people felt that ** was inflated and still **, so they secretly observed, and some inexperienced ** chose to follow up.
Relying on the buying and selling of **, the **ups and downs of the second and third customs treasury bills, but overall**is still **. In the daily trading, Song Ailing always pays attention to the ** of the second and third level treasury bills, as long as she ***, she will immediately buy and replenish the position, and eat many second and third level treasury bills at a low price, and in the end, most of the second and third level treasury bills in the market are controlled by her.
Song Ailing and his wife skillfully used the relationship of financial manager Xu Kan to reveal to the outside world the news of the withdrawal of the 23rd customs treasury bills into 23 tariff bonds, which changed the nature of the treasury bills and caused a sensation in the market.
As a result, many people began to frantically buy second- and third-level treasury bills. The bank was worried that it would lose money if it could not sell the treasury bills, so they had already sold the treasury bills in stock. Now, however, the nature of the Treasury bills has changed because they have become "public bonds," and if they fail to hand over all the public bonds when they are due, they will be charged with "undermining credit debts."
As a result, banks were forced to buy bills at the second and third levels.
Xu Kan won the trust of the people because of his financial power, which led many people within the national ** to follow the investment. Against this backdrop, many bankers also joined the investment boom, bringing the treasury bills to 82 at one pointThe pinnacle of $8.
However, Song Ailing began to gradually withdraw, allowing people to sell at the most ** position, and continued to implement this strategy. Until the Ministry of Finance clarified the rumors of Xu Kan's "second and third pass treasury bills", which led to a sharp increase in treasury bills, many people's wealth evaporated instantly, and some people even lost their lives because of it.
Song Ailing relied on his power to make a lot of money, and used the confidential news of currency reform to seek personal gain. Kong Xiangxi and Song Ziwen secretly discussed reducing the foreign exchange rate and gradually implementing the fiat currency reform, but Song Ailing took this opportunity to use his power to secretly make a big profit.
This is different from the psychology of using everyone to pursue profits in the second and third passes, and Song Ailing's behavior is pure power rent-seeking.
Through various means, Song Ailing took advantage of the opportunity of currency reform to predict that there would be a shortage of materials in Chongqing, and sold them after buying and hoarding them, making a lot of profits from them. In addition, she used her power to embezzle U.S.-aided public debt and earn more wealth.
However, this also led to her husband Kong Xiangxi's **. This shows that in times of war, people may use various means to gain wealth, but this behavior can also have serious consequences.
Soong pays attention to US dollar bonds and looks for opportunities amid rising inflation. She decided to stop the official **US dollar bonds on October 15, 1943, because the black market ** had risen from 1:17 to 1:30.
After the official cessation**, the black market** began to soar, from $30 to $200, and even to $250 in January 1944**. Kong Xiangxi has a large amount of US dollar public bonds in his hands, and he can pay it into the treasury in full with the official 20 yuan of fiat currency, and the rest is his.
Soong received $11.5 million through this operation, about 264.7 billion fiat dollars, and she herself didn't spend a penny. The United States has aided $3.8 billion, of which 7$500 million was taken by Soong Ailing.
Although the husband sings and the wife follows, Song Ailing's operation is difficult to escape the tracking of ** after all. Under pressure from all walks of life and huge sums of money, Chiang Kai-shek ordered an investigation.
However, Song Ailing was prepared, and the investigation results only exposed some small minions, and did not cause any substantial harm to Song Ailing. However, this led Chiang Kai-shek to begin to snub the Kong family and force Kong Xiangxi**.
Although Song Ailing did not suffer losses, she had a clear understanding of the current situation, knowing that she had accumulated too much wealth and made too many enemies in the past, and now she was still hated by Chiang Kai-shek and could no longer gain a foothold in China.
At the same time, she also realized that although Chiang Kai-shek was beautiful on the surface, the people had already been riddled with holes and would be defeated sooner or later. So, she chose to leave instead of sit idly by.
As early as 1944, Song Ailing showed a vicious vision, began to look for places to settle in various places, and transferred his property on the pretext of going abroad with Song Meiling for medical treatment.
After Kong Xiangxi**, Song Ailing decided to speed up the disposal of the Kong family's wealth, secretly ** real estate in various places, gradually transferred huge amounts of money to Hong Kong, the United States, Brazil and other places, and invested in real estate, ** and other fields, as well as key sectors such as railways and shipping in South America.
In Shanghai in 1946, when Chiang Kai-shek was still boasting that he had won the war in three months, Soong had already foreseen his defeat. She had already done one last clean-up of the Kong family's property and purchased a new home on Independence Avenue in Riverdale, USA, as a place to live in the future.
Song Ailing has settled abroad, but she still wants to make money by relying on the national **. She instructed her eldest son, Kong Lingkan, to stay in Shanghai and set up a Yangzi company to resell materials. However, in 1948, Chiang Ching-kuo went to Shanghai to rectify the economy in order to save the situation of the total economic collapse of the Kuomintang region, and after the arrest of Du Weiping, the son of the Qinggang boss Du Yuesheng, he was involved in the clues of Kong Lingkanyang's subsidiary hoarding and leaking economic secrets.
Jiang Jingguo wanted to establish his authority, and Kong Lingkan naturally couldn't let it go. On October 7, Chiang Ching-kuo ordered a search of Yang's Shanghai headquarters, seized all of the company's warehouses and seized the company's principal, Kong Lingkan.
Kong Lingkan was naturally unconvinced and asked his aunt Song Meiling for help. Song Meiling took a special plane to Shanghai to persuade Chiang Ching-kuo to let go, but the two sides broke up unhappily.
Out of protection of Kong Lingkan, Song Meiling regarded him as her own, and made herself a major shareholder in the early days of the establishment of Yangzi Company. Kong Lingkan and the Jiang family have become a community of interests.
Since Soong Meiling had a large amount of private property in the United States and Brazil under the care of Kong Xiangxi, Kong Lingkan also threatened to publish the property of the Kong family and the Song family, so that Chiang Kai-shek and Soong Meiling could not touch him.
In the end, Kong Lingkan was able to escape, while Chiang Ching-kuo was driven out of Shanghai. Regarding Song Ailing's assets, it is estimated that only they know about them, but more than $1 billion in assets are definitely indispensable, and may even reach $4 billion.
Song Ailing put the interests of the family first, ignored the state and moral laws, and ignored the life and death of the people.