Yes, the
Chinese billionaire flag and the obsession that blooms in the morning and fades
away, I guess the rapid rise
of Chinese billionaires
in recent years makes people
surprised but the decline
Their work also causes soul capture.
Analyze the early blooming and fading phenomenon of
billionaires like Alibaba's Rach Ma. I
often remember Han booking a high-tech car at
Van Van peak. There are many people who have realized the
very old secrets. I wish that
no one could be safe in China.
Even if you are a rich man, there will always be a time when the
red bandage is taboo. If you cross your shoes, be careful that your life
will be short-lived, and
this evening will not be the same as the other day. Let
's take a break from the
daily updates tomorrow to discuss
this topic as well. Yes,
ladies and gentlemen, China is producing
billionaires and millionaires 3 times faster than
other countries. Of the 500 richest individuals
globally according to Synchrony's billionaire index,
81 are Chinese with
total assets worth $1,100 billion, a
figure second only to 162 billionaires.
3,400 billion USD
while despite the raging of the
Honda WordPress 20 21 rankings representative
said that by the end of 2011
China had more than 1,000 billionaires and this is the
largest number in the world according to
Friends' forecasts. said that in the next 5 years,
China will produce millionaires
at a faster rate than the US. The number of
car millionaires will nearly double to 10.17 million
by 2025. These are
very impressive numbers, right? If you don't
discuss how billionaires get rich
, people realize a very
worrying thing: Chinese billionaires
can get sick very quickly and this
has become an obsession in the super-rich world.
Get rich
early and at night you'll have money in your pocket but you
can't spend
it. Well first of all, let's go
to the example of a billionaire technology billionaire
from the famous Alibaba company. Many people
think that they are like a billionaire with a fortune of more than 60
billion dollars. Buying a
private plane or a villa is easy,
but in reality, Vu Dich,
whose two powerful assistants are billionaires,
had to mortgage part of their shares
to buy it. which are relatively cheaper relative to
their total assets
Western banks including and Small Tree
Friends and ubs have provided
these loans some say pledging
stocks with Western billionaires is
It's normal, but according to
finest columnist Royal Wearing Mau Dau,
most American companies restrict
executives from pledging shares because
having to sell pledged shares can
reduce the company's stock price.
consulting company owns the
airline's natural aircraft, the cleaner the story, but the
second ranking seems unable to afford to buy and
has to borrow money from Brazil Although each
has withdrawn more than 5 billion US dollars from
Since 2017, billions of dollars in cash have been
withdrawn, which is probably more than enough to buy a plane.
The price of the plane is about 60 6.5
million US dollars. That means it only accounts for less than
one percent of the total. His assets worth
11.2 billion dollars are
very small compared to his assets of more than 60 billion
dollars. Well then why does he
borrow money from foreign banks
? Who
is the real owner of
these assets? Rach's story became
more serious after he
criticized the Chinese government at a
Shanghai forum at the end of October
2010. he compared
China's banking system to a pawn shop
and said the country's regulatory system
had too many bans and
restrictions with too few policies. Jack Ma
then repeatedly lost track
incomprehensibly, while the companies he holds are
facing unprecedented sanctions
at the
uncrossable red line
in China analyst Christina
Paul commented that that day the cut
was crossed. Through the invisible line that
defines what should and should not be
clear, Dad is someone who always knows how to rely on
Beijing's political power to
develop and elevate Alibaba, but
his statement this time has crossed the line. The red line
upset the leaders. A series of
stormy days began.
Alibaba's subsidiary was forced to
cancel the initial public offering of shares
worth 35 billion degrees. In addition,
in 2021, Alibaba continued to fall into trouble.
The spiral of division caused by
Beijing's sanctions, along with an unprecedented huge fine of
up to 2.75 billion USD
for allegations of monopoly, Alibaba's stock
has tragically dropped by 46
percent since then. In early November 2010, Alibaba's owner's assets were blown
away by about 380 billion degrees
and their
assets also plummeted.
48.8 billion degrees left As of
August 2011 and it seems that there is no way to
know what will happen, the
Hong Kong-based intermedia channel
reported that it was clear that no
businessman in China had died suddenly.
naturally in a speech in
2011 However in an interview
with Elle Show Magazine in January
2013 Jack Ma denied he had said
that sentence and said that my friend thought
that Chinese businessmen The country really
won't have a good ending, that's true
even now and true in historical production, history
will not change because of today.
Yes, I'm shocked and already know
my own outcome, so I'm very concerned about it. this
I will still continue to move forward
because whether good or bad the ending is already there
you know the ending will be sad but
you still want to do it
in Chinese patients there will not be a
good ending
do clean but not only ends
his own fate but also that of many other
wealthy businessmen in China.
Businessmen in China have revealed that they were
chilled when they witnessed the suppression of Alibaba
by the Chinese government. Not only is it clean but
also There are many other mirrors for everyone to
look at. For example, the small-time billionaire and
chairman of the Dragon Financial Group who was
sentenced to death on January 5,
2011 for corruption and debauchery
is also a case. In November 2010, the owner of
agricultural business group Ton Dai Ngo
was arrested with his family for publicly
criticizing the local government for downplaying the
severity of the African swine fever epidemic
in 2019.
was sentenced to 18 years in prison by local authorities in the province of
real estate billionaire Chi Cuong
in September 2019 for
violating Party discipline because
he criticized the Chinese government
and called Xi Jinping is a clown at
British journalist jackmin stuff and
showtimes on November 29, 2011
in the article that the house to Why
China's elites are on a
thorny road he repeated a
statistic reported by the Channel deli newspaper provided
at the time in 2011, 15
billionaires were murdered, 17 people committed suicide, 7 people
died from accidents and 14 of them were
executed, 19 people died from illness. Dear people,
recently people talked
a lot about the call for
common prosperity, that is, being rich together, by
Chinese leader Xi Jinping. In the
new year of 2022, he called on
businesses to make more charitable contributions.
However, a series of attacks The recent crackdown on large
Internet companies and educational institutions
outside of schools has
made the business community feel insecure
about his call. Many
company representatives such as Tencel Alibaba and Pin Map have
pledged to pay goods. hundreds of billions of US dollars to
support
Mr.
Many people have voluntarily
donated their assets, but in the end, they
still cannot escape the round of accusations of
China's capitalist purge. Entering 2022
with a series of economic challenges
piling up, real estate risks are still a problem.
central and urgent Evergrande debt bomb
continues to struggle after
failing to pay interest on a series of
US dollar bonds in December.
Experts also see very clearly that the
local government default crisis The next method after the
real estate crisis China's long-standing Djokovic policy
also poses a
policy challenge that means
another Lockdown in exchange for containing the
virus but also
economic destruction. Only for China,
2022 is considered an absolutely important pivotal year
for the Chinese government. Will
Xi Jinping continue in office or
Who will replace and reform
China's leaders? The country continues to tighten
policies to collect money back to the full quarter
to save a system collapse or
not. All are waiting and
we will try to get the money as soon as possible to
update the regulations. Hello and
see you again
yeahyeah
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