The Li family divides the "city" peacefully, and the richest man speeds up his handover

The Li family divides the "city" peacefully, and the richest man speeds up his handover, and the roses bloom Li Ka-shing, the richest man in China who has attracted much attention, recently announced to the public the careful management of the division of property in the Li family empire...

The roses are blooming

The richest man in China, Li Ka-shing, who has attracted much attention, recently announced the careful management of the division of property in the Li family empire. Secret arrangement: 40% of the shares of Cheung Kong and Hutchison Whampoa and about 35.5% of the shares of Husky Energy are allocated to the eldest son Li Zeju, and the Cheung Kong Department will be handed over to him to take care of in the future. As for the second son Li Zekai, Li Ka-shing said that he will give him many times more cash than his current assets to fully support him in acquiring his favorite company. The "third son" "Li Ka-shing Charitable Foundation" will be jointly managed by the two sons. Within 15 minutes, the empire of China’s richest man, which spans 53 countries and has 270,000 employees, decided on the division of its property. According to data released by "Forbes" magazine, Li Ka-shing, the "king" in charge of this empire, is worth as much as US$25.5 billion, equivalent to HK$198.9 billion. Li Ka-shing's family has a large business and a prominent corporate status. Although he is in good health, he is old after all, which creates uncertainty for investors. After publicly announcing the division of family property, he has made a clear statement to the company's shareholders and the market. When Fok Ying-tung and his sons went to court, their flesh and blood brothers were like strangers, when Sun Hung Kai's Kwok brothers' fight for the property of the same room became a joke, and when Stanley Ho's wife and daughter were in a mess over the family property, the richest Chinese man, Li Ka-shing, chose to publicly The asset distribution plan was officially announced on this occasion, which not only properly distributed the property and avoided the disaster caused by disputes over family property among the younger generations, but also boosted confidence in the current sluggish market and had a very positive impact. In addition, Li Ka-shing's stable family structure is also his advantage in the peaceful distribution of family property. At this stage, both Li Zeju and Li Zekai have a third generation, and each of the descendants of their two sons has a "male son." Apart from Li Zekai's marital status, the overall structure of the family has stabilized and will not undergo major changes for a long time. This makes Li Ka-shing, a Chaozhou native with traditional concepts, feel at ease. Before Li Ka-shing started his business, he had thought about his next step in front of Victoria Harbor with its lights and whistles. Now, in his office facing Victoria Harbor, he has made a decision to divide the city with different responses. This wise decision can not only maintain the glory of his trillion-dollar empire, but also repay the society in the long term and maintain the respect of the society for his family. We can't help but admire the wisdom of this 84-year-old man! The Li family was able to divide the "city" peacefully and speed up the handover because Li Ka-shing clearly understood how wealthy people of similar status to him in Hong Kong arranged their family property. He was more aware of the consequences of these different property arrangements. Before Huo Yingdong passed away, he put all his property in the Huo Yingdong Heritage Fund and distributed it equally to the descendants of the Huo family, hoping that the family could share the ancestral legacy fairly. However, this method of wealth distribution is subject to strict regulations, causing individuals to lose the freedom and opportunities to develop their careers. If future generations are not interested in the family business, it will be difficult to develop the business and the fund will be difficult to grow. Moreover, this did not prevent the Huo brothers from going to court over property disputes and becoming a gossip in the public eye, just like how people now make jokes about the Guo family. Sun Hung Kai and the Kwok family created the most brilliant economic miracle in Hong Kong in the 1960s and became representatives of the Hong Kong Dream. But after Guo Desheng's death, his three nephews went to the Independent Commission Against Corruption, and the eldest brother Guo Bingxiang also served as a pardon witness to testify against his two younger brothers. It's really chilling to see brothers turning against each other and seeing each other as enemies. These business tycoons who were once all-powerful in Hong Kong pushed the city to create countless miracles and built Hong Kong into one of the most economically developed cities in the world. Their glory and glory were widely respected by people. But now, the huge wealth accumulated by the rich has become the source of rebellion among the younger generations. Disputes arising from the division of family property have made companies uneasy, employees uneasy, and even investors uneasy. The company's development prospects are even more worrying. When Li Ka-shing witnessed all this, how could he not worry about it and think carefully? Li Ka-shing chose to announce his inheritance plan at this time, not only with good intentions, but also with great wisdom. In the words of his eldest son Li Zeju, "Dad's arrangements are always OK for us." It can be seen that the Li family's peaceful division of the "city" taught us that we should not only learn how to make money, but also how to distribute money and how to smoothly change teams.