The "self-made" Chinese tycoons: if you don't check it is a myth, if you check it is a joke
"Starting from scratch" of the Chinese rich
In the world of Chinese wealth, the first richest man in the modern sense is Lin Shaoliang from Indonesia.He had 1995 billion U.S. dollars in 184 and was once the sixth richest person in the world. This record has not been broken by Chinese until today.
Regarding Lin Shaoliang’s family history, there is a saying on the market that “build from scratch”:
In 1935, in order to avoid being caught by the Kuomintang, Lin Shaoliang, a 19-year-old rural youth from Fujian, went to Nanyang to join his uncle and worked as an apprentice in his uncle's grain shop. A few years later, Lin Shaoliang used his only savings to open his own small shop. He woke up at four o'clock every morning to pack coffee powder, and then rode his bike to the market dozens of miles away to sell, accumulating a little bit of his own capital.
In 1945, the Indonesian native army and the comeback Dutch colonists broke out the war of independence. Lin Shaoliang firmly supported the determination of the Indonesian people to fight against the colonization, sent supplies to the Indonesian army, and got acquainted with the first and second Indonesian presidents. Suharto. After the war, Lin Shaoliang forged a deep friendship with Suharto because of his merits in the War of Resistance against Japan, and obtained franchise rights in many industries. From a street vendor, he became the richest Chinese.
Is this a very inspirational "made from scratch" story?
In many articles introducing Lin Shaoliang, it also highlights how poor and hard he was back then, and how difficult it is to have later achievements.
However, if you change the story of this story, you may not feel inspired, and this statement is closer to the truth.
In 1945, the Indonesian War of Independence. Chinese trader Lin Shaoliang got acquainted with Sukarno and Suharto because he successfully covered Sukarno's father-in-law in the rear. Later, Suharto became president. In order to quickly grasp economic power, Suharto needed to find a trustworthy agent. He was unwilling to expand the power of the local chaebol, so he found Lin Shaoliang, an immigrant Chinese immigrant who had no backing and was weak.
He gave Lin Shaoliang the country's tobacco, cloves, flour, real estate, and operating license privileges to open a bank. The latter relied on all kinds of privileges to turn from an obscure small vendor to the richest man. In return, Lin Shaoliang gave back many money-making opportunities to Suharto's family.
Lin Shaoliang and Suharto have lunch
This is not a "made from scratch" story, but a monopoly of power.
Lin Shaoliang has almost no competitors in Indonesia's business. He monopolizes Indonesian cement and flour. He once owned the largest private bank in Indonesia-Central Asia Bank. As many Indonesians knew at the time, people could not live without his company. In this business, you can become the richest man with your eyes closed.
However, the products made by his company have not played any role in promoting technological progress in Indonesia.
After the fall of power,
Capitalists become "enemy of the people"
In 1997, the Asian financial crisis.
This economic crisis, which originated in Thailand, soon swept across Southeast Asian countries such as the Philippines, Indonesia, and Malaysia. Almost all caused the largest economic recession in these countries in decades.
The mainstream view on the cause of this crisis is that behind the long-term economic growth in Asia,Without sufficient strength to support, most of them are bubbles caused by the influx of hot money.Therefore, when the capital market showed a little lack of confidence in the Asian economy, it caused a series of divestment reactions. The Southeast Asian governments could only add fuel to the fire by increasing the cost of divestment and interfering in the foreign exchange market, which eventually led to the collapse of the bubble and the economy. decline.
The living standards of Southeast Asian people in the financial turmoil have plummeted. They can only vent their anger on the capitalists who have lost their power backing.
In Indonesia, Lin Shaoliang's good days are completely over.
His Central Asia Bank was confiscated by the government, and among the people, dissatisfaction with Lin Shaoliang's monopoly for wealth finally broke out. The thugs rushed into the building where Lin Shaoliang lived, trying to get him out for trial in the street. Fortunately, he smelled the crisis beforehand and hurried to Singapore, only to escape.
The mobs who didn't catch anyone had to vent their anger to the beating, smashing, and looting. In the end, Lin Shaoliang's building was razed to the ground. Since then, Lin Shaoliang never dared to return to Indonesia, and died in Singapore in 2012.
Why is Lin Shaoliang, who has the president as his backer in Indonesia, suddenly becomes a "lost dog" and is chased by thugs?
Because in the cruel political struggle, there is no eternal backer. The rock-solid backing today may become the main culprit in your suffering tomorrow.
Lin Shaoliang is lucky. His patron Suharto has been president for 31 years, and he has also enjoyed 31 years of monopoly privileges. During these 31 years, he has become the owner of the "lilac king" in Indonesia and Southeast Asia. "," "Flour King", "Real Estate King" and "Finance King" founded the "Sanlin Group" spanning the four continents of Asia, Africa, Europe and the United States, sitting on the throne of the world's sixth richest person and enjoying the wealth of the world.
In 1998, Suharto was finally ousted from power by the unbearable Indonesian people, and various liquidations against him came one after another, including the exposure of his family's embezzlement and family assets as high as 350 billion US dollars.In this way, he is the real richest man in Indonesia, and Lin Shaoliang, who "made from scratch", is more like a pair of "white gloves."
It’s a myth not to check,
A check is a joke
The story of Lin Shaoliang has happened to many rich Chinese in Asia.
After success, these rich people like to advertise themselves as "made from scratch." In their biographies, they often mention how poor they were when they were young, and how they made a fortune through hard work.The rich themselves also like to speak out and teach young people to be down-to-earth and hardworking in order to have the opportunity to make a career like them.
For example, Lin Shaoliang summed up his successful experience in public: “Diligence and thrift are the virtues of the Chinese. Direction, will and strategy are the first elements. Not afraid of failure, perseverance, strategizing, winning by surprise, and careful thinking are the prerequisites for success.”
If you don’t know how he got the history of monopoly privilege through his relationship with the president, you will definitely be inspired by this set of “positive energy” chicken soup.
I found that the more wealthy people who make their fortunes by gray means, the more they like to talk about "chicken soup" with young people.
For example, Macau gambling king Stanley Ho, in almost all articles that made him a family history, emphasized that he fell in the family, and he went to Macau with 10 yuan to work hard, and eventually became the legend of a generation of gambling kings.
But few people mentioned or deliberately avoided the source of his first pot of gold. That was during the Anti-Japanese War, he relied on providing tugboats, barges and other transportation tools to the Japanese troops stationed in Guangzhou in exchange for rice, cloth and other materials.It was precisely relying on the profitable business of providing supplies to the Japanese army that he made 1943 million yuan in 22 when he was 100 years old, which laid the foundation for his later investment in casinos.
That is, when the Emperor Tiangao is far away in Macau, he is changed to the mainland. Such behavior will be shot as a "traitor" after the victory of the Anti-Japanese War.
And he made a fortune with this disgraceful behavior, but later he liked to talk to young people about struggle and patriotism, which is really ironic.
For example, Li Ka-shing, "The Melon of the Yellow Terrace", he will only tell you how poor he was in middle school, how to flee to Hong Kong, and how to make a fortune by selling plastic flowers. I won’t tell you that his uncle Zhuang Jing’an was a Hong Kong watch tycoon who founded Zhongnan Watch Company. Later, Li Ka-shing married his cousin Zhuang Yueming, changed from a nephew to a son-in-law, and obtained a venture capital investment of 5 yuan from Zhuang Jingan before opening a plastic flower factory.
For example, Accounting Jia, who came out of Linfen, Shanxi, tells you "suffocating for dreams" when he succeeds, but he will not tell you what the surname of the nobleman behind him is.
In fact, from what a person likes to show off, one can see his weakness.The real rich never show off their wealth. They are more willing to show off how they “made from scratch”, which just proves that they are trying their best to conceal their family history. These rich men are all myths if they are not checked, but they are all jokes.