The Changes In China'S Richest 14 Years From Liu Xiaoqing To Ma Yun

Who is China?

Not only the Chinese, but also the whole world.

The summit of Ma Yun and Li Hejun at the top of fortune is widely concerned by the world-renowned financial media such as the Wall Street journal, the financial times and Bloomberg.

In July 19, 1999, when the British Rupert Hoogewerf (Hu Run) discharged the first international wealth list in China's history, there was little interest in the world.

Do you know who is the richest man on the first international standard of wealth in China? Most people may not answer it.

It was Liu Xiaoqing who had just come out of the prison.

Let's take a look back.

The journey in the past 14 years:

1999 richest movie star Liu Xiaoqing; 2000 CITIC Group Rong Yiren family; 2001 hope group Liu Yonghao family; 2002 Nakanobu Taifueijiken family; 2003 NetEase Ding Lei; 2004 Gome Wong Kwong Yu; 2005 Gome Wong Kwong Yu; 2006 Nine Dragons Paper Wong Kwong Yu; Gui Gui Yuan; Guo Guo Mei; BYD BYD; Hui family; Sany Sany Liang Jun root;

In the past fourteen years, the richest person in China has changed almost a year, which is quite different from the situation in the United States.

Gates and Buffett, the two richest 10, have been in the top of the list of wealth in recent years.

What's going on here? Let's take a look at the context of the change of the richest man.

The Rong family and the Liu Yonghao family

From 1999 to 2002, the era of wealth creation was made by the system. The so-called reform dividend was captured by the people close to the system.

The Rongshi family is a world-famous red capitalist. It is necessary to build up its own wealth carrier by integrating resources within the system. Needless to say, what is the new hope group of Liu Yonghao family?

In order to join the WTO and take the agriculture as the field of concession and sacrifice, the direct subsidy to farmers is regarded as a restricted area. Therefore, in order to ensure food security, most of the state's support agriculture funds flow into the hands of chemical fertilizer dealers, pesticide dealers, agricultural film merchants, seed traders, formulated fertilization and biotechnology experts.

In the process of rural industrialization, agriculture related enterprises on the one hand occupy more rural resources and get the institutional benefits of "capitalization of resources", and on the other hand, they take more funds from the government to support agriculture.

This is the unimportant source of Liu's hope that the group can rapidly accumulate wealth - the so-called dividend policy, whose business structure can well capture the policy dividends in these agricultural areas.

Ding Lei and Wong Kwong Yu reach the peak of wealth

From 2003 to 2005, it is the era of making use of international integration and urbanization.

China's accession to the WTO in 2001 was reflected in the investment level, and the speed of internationalization and urbanization accelerated significantly.

The US internet bubble has been replicated in China, because there is no Internet in an open international city. Many Chinese IT elite in the US (such as Zhang Zhaoyang) have seen this trend and have returned home to start their own businesses. China's IT industry has risen rapidly, and finally Ding Lei has represented the industry to the top of its wealth.

From $0.95 to $70 in January 2, 2002, Ding Lei's NetEase took only a year and a half to become the legend of NASDAQ.

China's Internet bubble not only replicated the US internet bubble, but also listed the NASDAQ in the US.

In addition to using the Internet, townspeople also need to change their consumption structure.

Rural people wash clothes in the river, cook when they go directly to the field to pick vegetables, cook grass and stove, and several families look at a color TV, but once they are urbanized, they can't do it. So supermarkets and household appliances stores sprang up like mushrooms. In these supermarkets and home appliances stores, Wong Kwong Yu of Gome is the most strategic and most understanding of capital operation. In recent years, he has used capital leverage to attack cities and towns, such as entering uninvited land.

Wong Kwong Yu's summit can be said to be made by China's internationalization and urbanization. Thanks to hundreds of millions of birds and guns, farmers are pformed into modern citizens.

In the past 2006-2008 years, it is the era of making use of capital market and financial market to create wealth.

In the past 2006-2008 years, China's stock market has been the most popular period. The capital predators show their amazing wealth, buy the shell and go on the market, inject assets, and divest assets. The stock market is like rubber paste, and how to pinch them in their hands, the wealth in stocks seems to be rising like this.

In 2007, A shares went on like a rainbow, breaking through 6000 points, and many stocks doubled several times a year. In that year, Yang Huiyan of Biguiyuan became the richest man in China by 130 billion yuan.

China's capital market and financial market regulatory mechanism is seriously lacking. The level of supervision is much lower than that of the United States. It gives many capital predators who do not spoil their bones in order to get rich opportunities. In addition, ordinary shareholders and many entrepreneurs do not understand the financial engineering technology from the western capital market.

The change of the richest people in this period is just like the trend of A shares, with high frequency and short life span.

Wang Chuanfu and Ma Huateng want to be the richest.

From 2009 to the present, it is the age of the 4 trillion economic stimulus plan and the tide of the middle class tide of consumer groups.

In 2009, the fastest growing year of auto sales in China, the growth rate reached 51%. This is a very symbolic event, which means that China's consumption structure is accelerating the middle class, and the rapid rise of the middle class will become the backbone of China's consumer economy.

According to the Bank of Paris, China's middle class families will account for 40% of the total number of Chinese households by 2020, almost the same as that of the United States.

From the data, after 2008 that four trillion, the proportion of China's middle class families showed a blowout growth.

Cars, smart phones, and Internet technology have become the standard of the middle class in China.

Wang Chuanfu, the automotive industry and Tencent's Tencent summit in the Internet field, can be said to be a natural event.

Of course, the four trillion of the State Council also made the real estate bubble that had been disillusioned in the second spring. Without the second spring, Sany Liang wunen, the chief architect of the construction industry, and Dalian Wanda Wang Jianlin, the commercial real estate king, would hardly have the chance to climb to the top.

IT industry is the largest source of new list of rich people.

I wonder if you have noticed that in the last two years, the IT industry has become more and more popular. The wealth of the top 50 IT riches has increased by more than 40% for two consecutive years.

What is even more dazzling is that the IT industry is the largest source of new list of rich people.

With the rise of the middle class and the mobile Internet of smart phones, the IT industry will become more and more powerful.

China is heading for the era of knowledge economy like the United States.

The rise of the middle class and smart phone mobile Internet is irresistible. The IT industry will usher in blowout development in China. Knowledge economy will replace the location of world factories and world sites.

The future richest will come more and more from the knowledge economy, which seems to be unquestionable.

Before you become the richest person, you have to be the red star of the system. You will become the richest person in the future, and you will become a giant in the technology industry. This reflects the great changes in the upgrading of China's economic industry and the upgrading of consumption structure.

One thing that has to be mentioned is that a large part of China's IT rich is not in China but in an offshore financial center such as the Cayman Islands. The core of Chinese wealth is accelerating offshore finance. Is this a blessing or a curse?

Does the state need to ask ourselves why these future richest people do not register their companies in China?

Looking at the changes in the richest more than 10 years, real estate, IT, household appliances and energy are the "fortune making places" of the vast majority of China's rich, accounting for seventy or eighty of the total.

The institutional bonus of reform and opening up, joining WTO, internationalization, urbanization, industrialization, stock market explosion and so on all provide the source power for wealth creation.

Now that the institutional dividend is almost released, the WTO and internationalized world factories are also weakening and turning to domestic demand. Urbanization and industrialization are also slowing down as the risk of debt crisis increases.

So where will the next wave of wealth come from?

A history of the change of the richest man can see through the adjustment, upgrading and future trend of China's economic structure, which is not only simple after dinner.

The wealth behind the richest password, smart you, have you grasped it?