At the beginning of this year, the new crown pneumonia epidemic suddenly hit. Affected by it, the global capital market competed to stage an "epic" plunge, and many people lost a lot of wealth, including many top rich people in the world. It is reported that in just two months, the wealth loss of the top 100 entrepreneurs in the world reached 2.6 trillion yuan, equivalent to a loss of more than 400 million yuan per person per day. But at the same time, some people have made a fortune by using this "east wind" to achieve wealth upgrades. What changes have taken place in the global wealth pattern under the epidemic?
Global Wealth Reshuffle
Yesterday, Forbes released the 2020 Global Billionaire List. Although Amazon CEO and worth over 100 billion US dollars, Jeff Bezos, who has a wealth of over 18 billion US dollars, has still ranked first for the third consecutive year. This year, Bezos' net worth is $113 billion, less than last year's $131 billion.
Microsoft founder Bill Gates is still in second place, with a wealth value of $98 billion, an increase of $1.5 billion from last year.
LVMH's Bernard Arnold's ranking has risen this year, entering the top 3 for the first time and ranking third.
As a recognized "stock god" by global investors - Buffett , its wealth value has shrunk significantly compared with last year, ranking fourth with a wealth of US$67.5 billion. This is also the first time that Buffett fell out of the top 3. According to GuruFocus calculations, from February 19 to mid-March, Buffett's stock portfolio has lost more than US$80.2 billion, a drop of 32%.
No. 5 is Oracle founder Larry Ellison. However, although his ranking has increased, his wealth has dropped by $3.5 billion.
Forbes 2020 Global Billionaire List top ten
Overall, compared with the previous issue, in this issue's Rich List, 267 people failed, and 1,062 people's wealth decreased. However, the performance of mainland China on the list this year is very impressive, with a total of 389 rich people on the list, setting a record, and the total wealth reached US$1.2 trillion. Among them, the "Two Horses" continued to take the lead, ranking in the top two in the rankings of China's rich people, and ranked 17th and 20th respectively on the overall list. In addition, the top ten richest people in mainland China include Xu Jiayin , He Xiangjian , Yang Huiyan and family, Qin Yinglin , Ding Lei , Huang Zheng, Zhang Yiming and Wang Wei .
Forbes 2020 Mainland China Billionaire List top ten
0 Industry: Among the top ten richest people in mainland China, there are 5 people from the Internet industry, accounting for half; the real estate industry is second, with a total of 2 people. So, how is our investment circle performing? Let’s take a look at which big shots in the investment circle in mainland China have been shortlisted for this Forbes Rich List.
Lin Li - From a civilian teenager to a billionaire tycoon
Forbes 2020 Global Rich List 315
In 2007, Lin Li ranked 41st in the " Hurun Rich List " with a wealth of 14 billion; in 2012, it ranked 58th with 8.95 billion yuan; in 2015, it ranked 184th in the "Forbes Chinese Rich List" with US$1.7 billion; in 2018, in the "Hurun Rich List", Lin Li ranked 25th in the "Hubrun Rich List" with a price of 67 billion yuan. In this year's Forbes 2020 Global Rich List, Lin Li ranked 315th.
It is reported that Lin Li's first pot of gold came from the rush to buy "old five stocks" on the Shenzhen Stock Exchange in 1991, and the profit amount reached hundreds of thousands of yuan at that time. Before this, Lin Li worked in Zijin Branch of the People's Bank of China, Zijin Branch of the Agricultural Bank of China, Shenzhen Branch of the Bank of China and other places. Due to the bank's work background and the stimulation of the first pot of gold I have found in the stock market, Lin Li's journey to make a fortune has always been linked to investment and stocks.
In April 1995, Lin Li invested 9.7 million yuan to jointly register and establish Shenzhen Liye Investment Development Co., Ltd. During this period, the company has undergone many changes. It is currently Shenzhen Liye Group Co., Ltd., mainly engaged in three major sectors: manufacturing, finance and investment.
2003, Lin Li ushered in an important watershed in his life.This year, he not only completed the holding of Hualin Securities , but also acquired nearly 4% of Ping An Insurance's shares. At that time, Ping An encountered operating difficulties, and its largest shareholder listed 88 million shares of Ping An shares on the Shenzhen Property Exchange, with a transaction price of as low as 5.93 yuan per share. Through analysis and research on Ping An, Lin Li keenly realized the development potential of the domestic insurance industry and started decisively. In 2007, Ping An was listed on the Shanghai Stock Exchange, bringing more than 10 times investment returns to Lin Li, which also pushed him to the throne of the richest man in Shenzhen.
In the same year, Liye Group invested in Hualin Securities. In January last year, Hualin Securities was listed on the Shenzhen Stock Exchange. Currently, Hualin Securities' controlling shareholder is Shenzhen Liye Group, with a shareholding ratio of 64.46%. Lin Li holds 99.67% of Liye Group's equity and is the actual controller of Hualin Securities. Lin Li indirectly holds 1.74 billion shares of Hualin Securities through Liye Group, which is controlled by him. Based on the current company's 2.7 billion shares, Lin Li holds a share capital of 64.44%, and is still the actual controller.
According to Qichacha, in addition to 3 companies serving as legal persons, Lin Li also serves as executives in 6 companies, and has more than 80 actual control companies. In addition to participating in the establishment of Shenzhen Yijing Food and Beverage Co., Ltd., most of Lin Li’s trajectory is shuttled through various investment companies and financial companies.
In fact and family - " Oriental Fortune " founder
Forbes 2020 Global Rich List 468th
actually, its original name is Shen Jun, born in Shanghai in 1970. Because the career of investors that started in college actually has an indissoluble bond with the capital market. After graduation, I actually worked as a researcher in the futures company. Later, because I prefer to study the stock market, I gradually changed my direction. In 2004, he actually led the entrepreneurial team to officially establish Oriental Fortune Network , joining the ranks of online financial information service industry.
In 2006, the "Stock Bar" was launched and became famous in one battle. As of 2007, the website had more than 20 million users per day and more than 250 million page views per day. Oriental Fortune Network became the financial portal with the largest number of visits and the highest user stickiness in China and even the world at that time. In 2010, Oriental Fortune Network successfully listed on the Shenzhen Stock Exchange GEM, becoming the first online portal in A-shares. Currently, Oriental Fortune Network owns Oriental Fortune Network, Tiantian Fund Network , Oriental Fortune Securities, Stock Bar, Choice Data, Oriental Fortune Terminal, Youyou Private Equity, Oriental Fortune Futures, Oriental Fortune Fund, Dongcai Insurance Brokerage, Oriental Fortune International Securities, Oriental Fortune International Futures and other businesses and products.
was elected 838th in the 2019 Forbes Global Billionaire List with US$2.7 billion. On October 10, 2019, the "2019 Hurun Rich List" was announced, and it actually won 153 places with a wealth of 22 billion yuan. On November 7, 2019, the 2019 Forbes China 400 Rich List was announced, and the family actually ranked 86th with a wealth of 25.81 billion yuan. On February 26, 2020, the family actually ranked 729th in the "2020 Shimao Shenzhen-Hong Kong International Center• Hurun Global Rich List " with a wealth of 25 billion yuan.
Zhao Yan —A beautiful entrepreneur who "goes into the sea" to start a business at the age of 23
Forbes 2020 Global Rich List 468
http://www.ilib.com/ In 2018, Huaxi Bio achieved revenue of nearly 1.3 billion yuan and net profit of 424 million yuan. Since the gross profit margin of the company's products reached nearly 80%, the industry evaluated Huaxi Bio as "Kweichow Moutai in the beauty industry." Today, Huaxi Bio is one of the world's largest hyaluronic acid raw materials manufacturers. Its "Runbaiyan" is the first hyaluronic acid product in China approved by the State Food and Drug Administration. It is also the only company in China that has the approval number for fermentation and production of hyaluronic acid raw materials and pharmaceutical auxiliary materials and realizes commercial production.
In October 2008, Huaxi Bio, controlled by Zhao Yan, was listed on the Hong Kong Stock Exchange. During that listing, Huaxi Bio released 25% of its equity, but only raised less than HK$60 million, which is only equivalent to the company's net profit for one year. In November 2017, due to the unsatisfactory performance of the company's stock price after listing, Huaxi Biotechnology was privatized and delisted from the Hong Kong Stock Exchange and moved to the mainland stock market. In November 2019, Huaxi Bio was officially listed on the Science and Technology Innovation Board.The closing price per share on the first day of opening was 85.1 yuan, a sharp increase of 78% from the issue price of 47.79 yuan. It also entered the top three in the Science and Technology Innovation Board with a total market value of 40.8 billion yuan, attracting attention among many high-tech companies. As of April 8, 2020, Huaxi Bio's share price closed at 81 yuan per share. Many domestic securities institutions are optimistic about their stock market prospects.
In addition, another investment company controlled by Zhao Yan, Huaxi International Investment Group, is also very eye-catching. In 1989, Zhao Yan founded Huaxi International Investment Group. After 30 years of development, he has now become a diversified group company with cultural and sports industry and health and beauty industries as the core and comprehensive industrial investment and equity investment. He has more than 80 wholly-owned subsidiaries at home and abroad and investment holding and equity investment, with total assets of more than 80 billion yuan. Currently, Zhao Yan holds two listed companies through Hua Xi Xinyu, which is 100% controlled by Hua Xi Xinyu, a 100% stake, namely First Entrepreneurship and Hua Xi Biology.
On October 16, 2019, Hurun Research Institute released the "2019 Hurun Female Entrepreneurs List", and Zhao Yan ranked 32nd with a wealth of RMB 13.5 billion. On February 26, 2020, Zhao Yan's family ranked 493rd with a wealth of RMB 34 billion. In February 2020, Zhao Yan ranked 11th in Forbes China's Richest Women's List with 28.06 billion yuan.
Chen Jinxia - the mysterious female rich man
Forbes 2020 Global Rich List 1001
As a low-key and mysterious rich man, Chen Jinxia has almost never received any media interviews. Because she rarely appears in the public eye, there is not much information about her on the Internet, and there are very few photos that can be found, but they are all photos from a long time ago.
But when it comes to Chen Jinxia, we have to mention one person, that is her husband Wei Dong. Because Chen Jinxia's main source of wealth was Wei Dong. As the founder of the "Yongjin Group", Wei Dong entered the capital market in 1994. Wei Dong is a very insightful person. He quickly earned tens of billions with his outstanding abilities and operating capital. For a time, Wei Dong became famous in the industry. But unexpectedly, in April 2008, Wei Dong jumped off the building and committed suicide.
After Wei Dong's death, he left behind 66% of Yongjin Company's shares and 27% of Jiuzhitang's shares. The combined shares of these two companies are worth 7 billion yuan, and his wife Chen Jinxia is the heir to these inheritances. After inheriting her husband's legacy, Chen Jinxia did not stop her own progress. She gradually developed the company into a high-tech field through actions such as diluting shares and canceling investment companies, and building the company into a large enterprise with assets of more than 30 billion yuan. Her own personal net worth of 28 billion yuan has become the richest woman in Shanghai.
Ke Xiping and family - Xiamen "The Most A-share Nuggets"
Forbes 2020 Global Rich List 1613
investment circle is not unfamiliar with Ke Xiping. At the beginning, he became famous in Zijin Mining equity investment. He invested more than 10 million yuan in two investments, and eventually achieved a wealth accumulation of 7.4 billion yuan. It can be said to be a real version of "early wealth overnight" and has also been the "gold-miner" in China's A-shares. That successful investment also helped him enter the Forbes Rich List and was listed as the "richest man in Xiamen".
Zijin Mining made Ke Xiping famous in one battle, and since then it started a series of investment pace. It has invested heavily in BOE and Fuao Co., Ltd., both of which have received generous returns. In early June 2009, BOE issued an additional 12 billion shares. Ke Xiping, who tasted the sweetness, subscribed to 700 million shares of BOE's additional shares at a subscription price of 2.40 yuan per share, becoming the company's second largest shareholder. After Ke Xiping acquired a stake in BOE, some people calculated that BOE's closing price at that time was 6.46 yuan per share, and his book profit exceeded 2.842 billion yuan. This is Ke Xiping's largest capital operation after he acquired a stake in Zijin Mining 10 years ago. For Ke Xiping, the main theme of investment is harvest.
Ke Xiping also has another identity, which is the founder of Hengxing Group. In Xiamen in the 1990s, there was very few building materials markets. At this time, Ke Xiping discovered business opportunities and started the building materials business.He and others jointly built a building materials mall with an area of 400 square meters, and then established Hengxing Industrial Company. Relying on years of hard work in the building materials industry, Ke Xiping's personal wealth quickly accumulated to tens of millions. By 2019, Ke Xiping's personal wealth had increased to 10 billion yuan.
Shi Yuzhu —From "China's first loss" to China's "richest man"
Forbes 2020 Global Rich List 1613
I think everyone is already very familiar with Shi Yuzhu. As a business idol of a generation of Chinese youth, he is definitely a very legendary task. From the glory of the Giant Han Card to the overturn of the Giant Building, to the turnaround of Naobaijin and Golden Partners, to the successful listing of Giant Group in New York, Shi Yuzhu used his entrepreneurial history to interpret a thrilling and ups and downs of "human comedy".
Since the Microsoft transformation in 1993, the just-emerging computer industry in China has suffered an impact, so Shi Yuzhu led the Giant Group to move towards diversification and enter the real estate and bio-health products industry. Giant Group, which lacks cash flow, bets on to sell building flowers , but people's calculations are not as good as God's calculations. Due to some factors, selling building flowers is restricted, and Shi Yuzhu and his Giant Group are facing huge risks. By 1996, the Giant Building, which had invested 300 million yuan, was in a hurry, and the capital chain was broken. Shi Yuzhu had a debt of 250 million yuan overnight. The richest man did not regard it as a veritable "first loss".
failed Shi Yuzhu once disappeared from people's sight. At that time, many people asserted that Shi Yuzhu would never stand up again. But in 2002, Shi Yuzhu achieved a comeback by relying on Naobaijin, not only paying off his debts, but also holding a lot of cash. From 2011 to 2012, Shi Yuzhu, who withstood the huge sound of singing, spent more than 80 times to increase his holdings in Minsheng Bank , with a total investment of more than 6 billion yuan. This is probably a rare private industrial capital spent so much money to buy a stock in the secondary market. At the end of 2012, Minsheng Bank's share price doubled. After this battle, Shi Yuzhu was called "China's Buffett", "Best Investor", and even "Stock God".
On March 12, 2009, in Forbes' global rich ranking, Shi Yuzhu ranked 468th with US$1.5 billion, ranking 14th in the mainland. In 2012, it ranked 22nd in the ranking of Fortune's 50 most influential business leaders. In January 2016, Shi Yuzhu returned to Giant Network. On October 13, 2016, the Hurun Rich List was released, and the Shi Yuzhu family ranked 19th with a wealth of 54 billion yuan. On October 18, the 2016 Hurun IT Rich List was released, and the Shi Yuzhu family ranked 11th with 30 billion yuan. On October 27, the 2016 Forbes China Rich List was announced, and Shi Yuzhu ranked 46th. In August 2019, Shi Yuzhu won 1511th place in the 2019 Forbes Global Billionaire List. In 2019, the Hurun Rich List Shi Yuzhu and Shi Jing father and daughter ranked 72nd. In the 2019 Forbes China 400 Rich List, ranked 258th with a wealth of 10.25 billion yuan.
Zheng Yuewen and his family - Give up the "golden rice bowl" to build the "stock god"
Forbes 2020 Global Rich List 1851
In addition, Zheng Yuewen also participated in the promotion of restructuring and listing of companies including Pinggao Electric, Shanghai Laish, Xinhualian and other companies. Zheng Yuewen has become a veritable big shot in the capital market.
Among them, Shanghai Laish is also considered to be one of its representative works in the capital market.The blood products industry has increased industry barriers due to the high industry threshold and strict regulatory review, and the country will no longer approve new blood products companies since 2001. In addition, with the increase in industry concentration, Shanghai Lais' competitive advantage has become more and more obvious. With his attention to the rapidly changing social reality, Zheng Yuewen seized the opportunity to enter the blood products industry. In 2003, Kerui Group acquired 50% of the shares of Shanghai Laish Blood Products Co., Ltd. Later, Shanghai Lais became a leader in the blood products industry in China and even Asia, and was listed on the Shenzhen Stock Exchange in 2008.
Since 2013, Shanghai Lais has strengthened its corporate strength through a series of acquisition activities, and its stock price has also improved rapidly. It was even once named the "Stock God" of Pharmaceuticals. However, in 2018, the pace of Shanghai Lais' market value rising has come to an abrupt end. After the company's stock price was announced and the resumption of trading was resumed, it hit the limit for 10 consecutive days, with the stock price falling from 19.52 yuan/share to 6.18 yuan/share, and its market value evaporated by more than 60 billion yuan.
2016 Hurun Rich List, Zheng Yuewen ranked 66th with a wealth of 26 billion. But it was after 2016 that the turning point occurred. Since then, Zheng Yuewen's wealth has begun to shrink and his ranking has continued to decline.
Qihe Research Center compiled from the Internet
