The Legendary Life Of Taiwan's New Richest Man Lin Chao

In the era of soaring housing prices, real estate tycoons have always been the top news figures. Taiwanese media reported that Terry Gou, the real estate tycoon of the island, had defeated Taiwan as the richest man in Taiwan. The news aroused public concern about the rich group of real estate tycoons. Pay close attention to one's success and pay more attention to its success.

Lin Yulin from rice business to real estate giant

Lin Yulin, a member of Taipei County, was born in 1926. I was not rich from my family, nor had I studied in a few years. In the early 50s of last century, Lin and Lin Rongsan, the founder of the liberty times, started their business in the small rice milling business and grocery store, and transferred to the three cities from Luzhou village in their hometown. They are good at observing and thinking in this way, and are making great progress in this area.

In the late 50s of last century, when Lin and his brothers did not have much money, they boldly accumulated the capital accumulated in their small businesses for many years. At a very cheap price, they bought a lot of wasteland in the three suburbs of Taipei, southern suburbs. At that time, many of them did not understand or even laughed at whether they were mad. Why should they spend money on these worthless outlying wasteland? Lin brothers ignored all kinds of arguments because they had their own way. Sure enough, in less than two or three years, Taiwan's economy began to take off, and the suburbs of Taipei turned into industrial areas. The three places, Lu Zhou, Xinzhuang and other places were all included in the industrial area. A large number of laborers poured in, and the prices of land and buildings continued to rise. After gaining huge profits, Lin brothers formally entered the construction industry and built large buildings in and outside Taipei. In this way, after more than 10 years of hard work, Lin Xiaomi brothers became one of the most famous construction tycoons and big billionaires in Taiwan.
Lin Zenglian thought he would fail before he did it.

Taichung City, a large construction director Lin Zeng Lian (who died last year), is relatively low-key and conservative in the real estate sector. That is why it has become the oldest and most powerful builder in Taiwan.

After buying the first barrel of gold from the sale of building materials, Lin Zeng Lian began selling land in the 60s of last century and started building real estate. For the real estate business, Lin Zeng Lian has a set of his own philosophy: "if you haven't done it, you want to fail first." In April 2006, Taichung City Government auctioned off a piece of land, when the highest land price was around 750 thousand yuan (NT $1 million 10 thousand), but Lin Zenglian opened the first million dollar record in Taichung real estate and bought it at 1 million 10 thousand yuan per ping. Both the daughter and the main cadres blame Lin Zeng for raising too much price. Lin Zeng Lian said, "I am willing to make more money, earn money for the government, and do not want to take 1% risk." Lin Zenglian repeatedly pondered that if the land was bought by a spoiler, the land next to it might not be developed. Then, it might take more money to buy it. We should first consider failure and risk rather than how to save costs.

Zhaoto Ohideo is not afraid of low birth.

A Miaoli rural kid who has never been in high school has become the legendary experience of the tallest listed real estate developer in Taiwan. I believe it will be an attractive story for many readers. This is the first time in 2008 that he became a member of the magazine, the world famous commercial magazine.

After graduating from junior high school, Zhaoto O borrowed 300 yuan from his friends to go to Taipei to make a living in the world. Starting from the work of a laborer, he made a solid and professional architectural skill.

Perhaps it is precisely because of such courage and professionality that it has benefited greatly. In 2003, the real estate market in Taiwan was in a state of gloom. Zhaoto O bought houses in two depressed suburbs, Three Gorges town and Linkou town in Taipei. "At that time, things were really bad, but opportunities were everywhere." Mr. Zhao recalls. "Old love fool". 5 years later, the housing prices in two districts doubled, while Zhaoto O's far male shares nearly doubled two, making it the most valuable listed real estate developer in Taiwan with a market value of 2 billion 500 million dollars.

Lai Zhengyi's unique philosophy of "catching tiger"

"Born businessman" is the title of many people to Lai Zhengyi, chairman of Taiwan rural forestry group. At the age of 17, when he was a senior student, he started the Cao Ling scenic spot in central Taiwan with less than 100 yuan of money. By the time he was 44 years old, he spent 1 billion 800 million, making the Riyuetan Pool's "Hanbi Lou" (the best resort hotel in Taiwan) the first scenic spot in Taiwan. In 2009, the "Shilin mansion", which was developed and built in rural areas, made him famous. Township Forest "Shilin official residence" is known as the "national government" moved to Taiwan for 60 years. For the first time in the history of Taiwan, the building of a house was built next to the official residence of the head of state. The price of 3 million yuan per square foot of the geomantic omen is a new page of Taiwan's real estate history.

During his 27 years of entrepreneurship, he never gave up any opportunity he could get. He also created a unique philosophy of "tiger catching": "if a tiger runs past me quickly, even if I have no time to catch the tiger's body immediately, but as long as I can catch a hairs on the tiger's tail, I will surely grasp this opportunity to turn over the tiger's back and ride on the tiger."

Lin Chenhai Taiwan mysterious "real estate king"

Speaking of Lin Chen Hai's name, many people may not know, because he is mysterious and low-key. But it is no stranger to mention Bao Jia in Taiwan. The people in the island sell 8000 houses a year. Over the past 10 years, the cumulative number of cases has exceeded 250 billion yuan, and more than 300 thousand people in Taiwan have lived in the house of Bao Jia Jia. Lin Chen Hai also built up an unprecedented real estate kingdom in just 10 years, and accumulated 50 billion yuan of amazing wealth.
 
It is not very handy to smash money to advertise; do not create topics to engage in marketing; do not rush to bid for land at high prices; do not build luxury houses, and therefore lack the luxury of dazzling brilliance. Low key is the consistent style of Lin Chenhai and Bao Jia's journey. But even so, it can not hide the amazing achievements written by Bao Jia. According to statistics of "Housing Exhibition magazine", from 2002, Bao Jia first launched the ten largest construction business at the beginning of the 10 billion 400 million yuan case, and has won the champion since then. By 2009, it has been the eight largest company. It is the real estate king of Taiwan.

The finishing up of Wu Baotian's property tycoon

Wu Baotian, chairman of the highly grass-roots Li Bao construction group, has been working for more than 30 years from a cement worker from Changhua to the head of the group with an annual turnover of more than 20 billion yuan.

What on earth did Wu Baotian succeed? The key is to understand the "ending" and "bargain layout". Take "Yue Mei Yue Le world" plan as an example, what other people saw at that time was the mess that banks could not clean up. Wu Bao Tian saw behind 10 billion yuan assets. After a period of operation and reorganization, Wu Baotian became the real owner of the 99.9% shareholding in the development of the monthly investment of tens of billions of dollars in the cost of only 3 billion yuan. To clean up the mess, we should pay more attention to all aspects. "Just like cement workers, superficial skills can not see defects, but if the first floor is not solid, the second level is not smooth, and the dots are finishing details." Wu Baotian said.