YM778.TV Chapter 1007 - Stop hiding
Chapter 1007 – Stop hiding
Feng Yu thought he was low profile when he set up of Tai Hua Holding. All his companies are not listed companies, and the restructuring is ongoing silently. But today, a piece of news caught Feng Yu off guarded.
The newspaper had republished <Forbes> this year’s World’s Wealthiest man list, and the top tycoons from China, Hong Kong, and Macau, were featured in this article. Feng Yu’s name is also included, and he is holding the top position!
Feng Yu thought not many people in China will know about <Forbes>, as this magazine is not circulating in China. But after this report, his status as an invisible tycoon is exposed!
This is the first time the Chinese know about Feng Yu’s total assets. They suddenly realized that a Chinese national is a super tycoon! 28 billion USD! Most of the people had not even seen 28 billion RMB!
The World’s second richest man, and also the youngest billionaire with more than 20 billion USD. Feng Yu will also become the youngest billionaire with more than 30 billion USD and has a high chance to become the World’s richest man in the future!
……
Liu Yong had read this article and realized Feng Yu is so rich!
Liu Yong and Feng Yu are highly respected investors, and they had chatted before. Feng Yu is also very supportive of his Guangcai Program.
Liu Yong knew Feng Yu is rich and should be the top tycoon in China. But he did not expect Feng Yu to be the richest man in Asia, the World’s second richest man, and his assets are almost 30 billion USD!
Liu Yong’s family is China’s biggest feed producer, and his products are exported to many countries in Southeast Asia. But China’s second-biggest feed producer is Tai Hua Process Food Company. He heard this company belongs to Feng Yu’s father, and Feng Yu’s father is also very secretive.
From the way Feng Yu’s nonchalant attitude towards Tai Hua Process Food Company, Liu Yong knows this is not his biggest company.
Liu Yong had discussed with his brothers, and they thought Wind and Rain Electronics, and Wind and Rain Home Appliances, are Feng Yu’s biggest assets. However, they finally found out that Feng Yu’s biggest two assets are in the US, and the other is in Hong Kong.
Feng Yu’s asset in the US is his Microsoft shares, and his asset in Hong Kong is Wind and Rain Consulting. In the newspaper article, many overseas media had reported that Wind and Rain Consulting is the best investment company in the World!
The article also mentioned that Feng Yu had bought his Microsoft shares through Wind and Rain Consulting under his name.
This investing company was started not long ago but had achieved an outstanding result. Not only its assets increased exponentially every year, and they had never suffered any losses! All their clients had not suffered any losses!
This result is no longer considered outstanding. It is considered a miracle!
Liu Yong and his brothers had bought the most popular Changhong shares. But Changhong share prices plummet suddenly, and they lost some money.
Last year, Hong Kong’s stock market was not doing well, and they wondered how Feng Yu make so much money!
Liu Yong decided to meet Feng Yu and try to learn from him. Their animal feed companies can also cooperate to move out of Asia to the rest of the World!
Charge out of Asia into the World!
This is the most popular slogan in China now. Many Chinese companies are shouting this slogan, but not many of them had made it happen.
Feng Yu was one of the earliest to achieve this target. His Wind and Rain brand is well known around the World, and even Bing City Pharmaceutical’s medicines are very popular worldwide.
……
Shi Dazhu was also reading the papers. In 1995, he had also made it on <Forbes> list, and at that time, he is in the eighth position for China’s tycoons.
Because of the construction of his building, his health supplement company faced cash flow issues, and he is in financial difficulties now. However, he is still holding on and did not file for bankruptcy.
Many people had persuaded him to file for bankruptcy to avoid paying back his debts, and his girlfriend is the only person that is still supporting him.
Shi Dazhu used the money he borrowed to develop a new type of health supplement product, and he believed that his product would let him make a comeback.
What Shi Dazhu lacks is funds to market and start production.
Shi Dazhu had seen Tai Hua Consultancy’s advertisement that claims to have 1 billion USD to invest in companies from various sectors.
But Shi Dazhu did not contact Tai Hua Consultancy as he does not want to let others reap the benefits of his hard work. But at this time, Tai Hua Consultancy changed their advertisement. They introduced an Entrepreneurship Support Program.
Shi Dazhu had been hesitating as he does not know if this company can be trusted. But now, he felt he should try. Tai Hua Consultancy seems to be one of Feng Yu’s company. They had met once at CCTV, and that young man is now China and Asia’s richest man, and the World’s second wealthiest man!
Shi Dazhu decided. If Tai Hua Consultancy is related to Feng Yu, then he should try to apply for their Entrepreneurship Support Program. He wants to be listed on <Forbes> list again! He is Shi Dazhu and will not be defeated so easily!
……
Zhang Ruiqiang is also reading the papers, and he is shocked by Feng Yu’s wealth!
Zhang Ruiqiang is one of the few people who know Feng Yu is wealthy, and he had treated Feng Yu as the richest man in China a long time ago. Feng Yu’s companies in China are doing well. Still, Zhang Ruiqiang had never seen any other companies that can grow so fast.
Zhang Ruiqiang even thinks that if Feng Yu is left with just one company now, he can quickly make a comeback within a few years.
But Zhang Ruiqiang did not expect Feng Yu had already reached the pinnacle of the World!
Zhang Ruiqiang had watched Feng Yu started his business from scratch and knew most of Feng Yu’s investments in electronics, electrical appliances, medicine, machinery, food, etc.
Almost all the new companies with the names ‘Wind and Rain’ or ‘Tai Hua’ belongs to Feng Yu, and they will develop fast.
Just Feng Yu’s investments in Bing City alone is enough for him to be the wealthiest man in China.
No wonder this kid can donate so much money. He should not finish spending all his money in his lifetime.
Zhang Ruiqiang suddenly remembered Feng Yu’s suggestion to let Beidacang Group exchange shares with Tai Hua Processed Food Company. When this suggestion was put up, many people opposed and felt Feng Yu is trying to take advantage of the nation.
But now, no one should oppose this suggestion. Beidacang Group might be a large company to many people, but it is nothing to Feng Yu!
This suggestion must be revisited at tomorrow’s meeting.