Tiger father has no dog daughter, it is not uncommon for billionaires to let their daughter take over.
Wahaha "Zheng's Head" Zong Qinghou's daughter Zong Fuli , and Gambling King Hong Stanley Ho's daughter Ho Chaoqiong are very typical examples.
But after all, they took over their father's work, rather than starting their own business. In comparison, another wealthy daughter, , Wang Xuehong, , is even more rare.
Wang Xuehong is the daughter of Wang Yongqing, the former richest man in Taiwan.
After Wang Yongqing passed away in 2008, he left behind NT$600 billion NT$3 (about 135 billion RMB) of assets.
father is so rich, but Wang Xuehong did not inherit his property. Even did not ask his father for a penny, but started his own business. With his own ability, he once reached a net worth of RMB 60 billion and became the "richest man in Taiwan" in 2011.
Two richest people in one family, this is the miracle created by Wang Yongqing and his daughter Wang Xuehong.
But behind Wang Xuehong's success, there is a little-known bitterness. The reason why she doesn't ask her father for a penny is even more involved in a sad experience of her mother.
1958, Wang Xuehong was born.
She is the third daughter of Wang Yongqing and his wife, Yang Jiao .
Yang Jiao gave birth to 3 daughters and 2 sons, according to age, the eldest daughter Guiyun, the second daughter Wang Xueling , the eldest son Wang Wenyang, the third queen Xuehong and the second son Wang Wenxiang .
Wang Yongqing married a wife from the third wife and had an outdoor room without a title. Except for the eldest wife Guo Yuelan who did not have children, the other three had children for him.
are 5 children of Yang Jiao, 2nd wife, 4 daughters of Li Baozhu, and 3 children of Lin Mingzhu, 2nd wife.
In other words, Wang Yongqing has a total of 12 biological children.
Wang Yongqing has many children, but he also has a lot of wealth. Even if 12 children are divided equally, each person can get more than 11 billion.
However, as Wang Yongqing's daughter, Wang Xuehong did not rely on her father's help, nor did she take over her father's work. Instead, she started her own business and accumulated a net worth of 10 billion.
Why did she do this? And how did it be done?
Wang Xuehong was a top student when she was young, and her alma mater was the world's top university at the University of California, Berkeley.
In Berkeley , Wang Xuehong was originally an elective in music. At that time, she was very interested in music and was planning to use music as her lifelong career.
But after a while, Wang Xuehong was out of confidence because she found that many of her classmates were more talented than her. She could not write a song even if she thought hard. Others could write it well in just one meal.
html Wang Xuehong, who was hit by the blow, decided to give up her music path and switch to the Department of Economics to continue her studies.Wang Xuehong may not have musical cells, but she must have business cells, because her father Wang Yongqing is known as the "God of Management".
As expected, after two years of study, Wang Xuehong successfully graduated from Berkeley and obtained a master's degree.
While studying for a master's degree, Wang Xuehong also met Qu Yongxi, who was born in Hong Kong. This person later became her first husband and they had two sons after marriage.
Wang Xuehong and Qu Yongxi got married in 1981, when she had just graduated from a master's degree.
htmlWang Yongqing in the early 280s had long become the richest man in Taiwan, and his value once rose to more than 8 billion US dollars, making him a super rich man who is eyeing the world.
At that time, many people thought that Wang Xuehong would definitely go to work in Formosa Plastic Group under Wang Yongqing's name, and might even become Wang Yongqing's successor.
But Wang Xuehong did not do this. She did return to Taiwan, but did not enter , type plastic , but went to the computer company of her second sister Wang Xueling as an executive.
Compared with the huge Formosa Plastics Group, Wang Xueling’s computer company is just a pediatrics department. Why did Wang Xuehong choose it?
This is actually related to their mother Yang Jiao.
Yang Jiao married Wang Yongqing at the age of 19. Since Wang Yongqing had already married Guo Yuelan at the time, he could only live in the second house.
Just after passing the door, Yang Jiao was bullied by the eldest son Guo Yuelan. It was not until her eldest son Wang Wenyang was born in 1951 that she reconciled with Guo Yuelan and adopted Wang Wenyang to Guo Yuelan, who had no child.
When Wang Yongqing pursued Yang Jiao, he deliberately concealed his married identity and waited until Yang Jiao became pregnant before telling the truth.
Yang Jiao was unwilling to be a second wife, but she had to obey.
One because she was pregnant, the raw rice was cooked into cooked rice; the other was because Wang Yongqing saved Yang Jiao's adoptive parents and paid for the two elders' malaria .
It was with this kind of mentality of "repaying kindness" that Yang Jiao reluctantly obeyed Wang Yongqing.
Later, she reconciled with Guo Yuelan, and found out that Wang Yongqing was kind to others, had a strong sense of career, and was a man worthy of entrusting, so she fell in love with the other person completely.
Unexpectedly, Wang Yongqing was not satisfied with marrying two wives, and he was flirting with other wives outside. hang out with a woman named Lin Mingzhu and gave birth to three children.
What Yang Jiao unexpected was that Wang Yongqing later met a woman named Li Baozhu and regarded her as her favorite.
Li Baozhu is a very powerful character. Not long after she took over Wang Yongqing, she used tricks to force Lin Mingzhu away, causing her to miss the title of "Three Housewife".
Lin Mingzhu was furious and married a man named Luo, and asked all three children to change their surnames to Luo Xuezhen, her eldest daughter was changed from Wang Xuezhen to Luo Xuezhen, her son was changed from Wang Wenyuan to Luo Wenyuan, and her second daughter was changed from Wang Xueying to Luo Xueying.
Lin Mingzhu's move directly caused three children to miss the inheritance rights of 100 billion assets . Until today, the three siblings have not been able to recognize their ancestors, let alone what inheritance they have.
After Li Baozhu forced Lin Mingzhu away, he quickly turned his attention to Yang Jiao, the second wife.
Smart she knew that although Guo Yuelan, the big house, had the most noble status, had no biological children, and did not pose a threat to her and her daughters.
Only the second wife Yang Jiao is a great threat, because her son Wang Wenyang is Wang Yongqing's eldest son. If nothing unexpected happens, he will become the first heir to Wang Yongqing's 100 billion empire.
1965, Yang Jiao, who had not been pregnant for many years, suddenly became pregnant with her youngest son Wang Wenxiang. When Li Baozhu found out, she became jealous and said to Wang Yongqing: If you love me, why would she still get pregnant?
When Wang Yongqing returned, he told Yang Jiao the original words and complained that he shouldn't be too kind to Yang Jiao, which made Li Baozhu unhappy.
Seeing that Wang Yongqing had this attitude, Yang Jiao felt ashamed. Since then, she no longer had any fantasies about Wang Yongqing, let alone love.
1975,
From then on, until Wang Yongqing passed away in 2008, Yang Jiao did not take another step to Taiwan.
Yang Jiao in the United States is very backbone. She rejected Wang Yongqing's funding, but instead worked hard to learn English. Then she found a job to support her family and raised her youngest son Wang Wenxiang.
When Yang Jiao went to the United States,
The father's betrayal of his mother, including Wang Xuehong, all saw the five children, and and the five of them also inherited their mother's backbone and arrogance.
The eldest son Wang Wenyang originally had the most chance to take over Formosa Plastics Group, but he set up his own company to establish Hongren Group, with a net worth of up to 10 billion yuan.
times Queen Xueling also started a business with her husband instead of working in her father's Formosa Plastics Group.
Both brothers and sisters do this, and as a younger sister, Wang Xuehong is no exception. So after she graduated from Berkeley, she never considered joining Formosa Plastics Group, but first went to work in the computer company of her second sister Wang Xueling.
But Wang Xuehong already had the ambition to start a business, but she was suffering from the lack of opportunities and funds.
Finally, in 1987, Wang Xuehong met a man named Chen Wenqi . The other party had an electronics company under his name. Because of poor management, he was eager to seek funds.
Wang Xuehong has been developing in the IT industry after graduation and is familiar with the business of that company. In addition, she is optimistic about the electronics industry, so she decided to take over.
But the problem is that what Chen Wenqi’s company needs most is funds. Although Wang Xuehong’s father is a super rich man, she is unwilling to ask her father for money because of her mother. How should the problem of funds be solved?
Just when she was helpless, mother Yang Jiao stood up in time. She told Wang Xuehong that she really had no money and could take the house under her name to borrow.
Later, Wang Xuehong bought Chen Wenqi's electronics company based on the 5 million NT$5 million borrowed by her mother's house and changed it to VIA Electronics.
Facts have proved that Wang Xuehong has a strong vision. Not long after this transaction, the electronics industry ushered in a global explosion. Wang Xuehong's VIA Electronics also took advantage of the opportunity to grow bigger and once threatened the industry giant Intel .
In 2000, VIA won nearly half of the global market share, and its stock price soared to a sky-high price of NT$629 NT$3, and the company's market value also reached a scale of NT$125.8 billion (about NT$30 billion).
With the success of VIA Electronics alone, Wang Xuehong is enough to become the pride of her mother Yang Jiao, because she did not take a penny from her father, so she founded a company with a market value of 10 billion yuan.
However, Wang Xuehong's success is far more than that. In addition to her identity as the head of VIA Electronics, she also has another more dazzling identity - the president of HTC.
Yes, , which was once comparable to , Apple , , Samsung , is also Wang Xuehong's industry.
In 1997, Wang Xuehong, who had accumulated billions of wealth through VIA Electronics, and his friends Zhou Yongming founded HTC and served as chairman.
HTC was originally just an electronics foundry, but later it transformed into a smartphone and reached its peak in 2011. Its rapid rise was the greatest contribution of President Wang Xuehong.
In 2003, just when his career was in full swing, Wang Xuehong's marriage ushered in drastic changes.
She first divorced her ex-husband Qu Yongxi, and soon married Chen Wenqi.
Chen Wenqi was the person who sold VIA Electronics to her. Wang Xuehong later became friends with him and asked him to return to VIA as general manager.
Perhaps it was because of the long-term cooperation that accumulated deep feelings. Wang Xuehong and Chen Wenqi finally got together. They have common ambitions and common beliefs, and are an enviable pair of soul mates.
In 2006, HTC's stock price hit a new high of 1,020 yuan, which increased the value of Wang Xuehong and Chen Wenqi to NT$70 billion (about NT$16 billion), and helped her win the title of "Asian female richest woman" of the year.
In 2011, HTC, which has achieved great success in the smartphone field, hit a new high. The value of Wang Xuehong and Chen Wenqi also rose to US$8.8 billion (about RMB 60 billion), surpassing Guo Taiming , becoming the richest man in Taiwan that year.
Think back then, Wang Yongqing was the richest man in Taiwan for decades, and now her daughter Wang Xuehong has also become the richest man in Taiwan with her own strength.
And all this has nothing to do with her richest father, and she has not asked Wang Yongqing for a penny.
Unfortunately, not long after HTC reached its peak, the global mobile phone market changed suddenly.
In the high-end field, HTC failed to withstand the competition between Apple and Samsung. In the low-end field, it was unable to resist the offensives of domestic manufacturers such as Xiaomi , Huawei , VIVO, OPPO, etc.
Under the attack of both ends, HTC's mobile phone business declined rapidly, the company suffered losses for years, and Wang Xuehong's value also fell. Not only did he lose the halo of Taiwan's richest man, but it is difficult for even the rich list to be on the list today.
However, after giving up his mobile phone business, HTC focused on the VR industry and achieved certain achievements.
With the rise of the VR industry, Wang Xuehong may not be unable to make a comeback and even recreate the glory of the past.
My father is a wealthy man with a net worth of 100 billion yuan, but she doesn’t want her father to have a penny, but starts her own business and accumulates 60 billion yuan in wealth at one time.
Wang Xuehong is admirable just by this.
Just imagine, if Wang Yongqing had not neglected Yang Jiao back then, Wang Xuehong might have returned to work at Formosa Plastics Group after graduating from Berkeley.
With her ability, she is probably the head of Formosa Plastics Group now.
If this is true, Wang Xuehong will become a popular strong woman among the rich second generation, just like Zong Fuli and He Chaoqiong.
But even if there is such an opportunity, it will probably be overshadowed compared to the glory she once created.
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