Terry Gou, The Richest Man: The 270 Thousand Forbidden City

Terry Gou announced that he would donate 1/3 of his personal wealth of about 10 billion dollars.

It shows Terry Gou's struggle from borrowing $2500 from her mother to $10 billion.

In addition, a detailed report of the 270 thousand Foxconn Longhua base and the workers living there, including the media's bad treatment of Foxconn workers in 2006, is also covered in the report.

The 270 thousand Forbidden City, Shenzhen, is the largest city in the world.

In dozens of factories, Apple Corp's iPod and iPhone, Hewlett-Packard Co's personal computers and Motorola's mobile phones are being continuously produced.

According to the report, Hon Hai Precision Industry Co, located in Longhua, Baoan District, Shenzhen, has about 270 thousand employees, equivalent to the total population of Newark, New Jersey, the United States.

In fact, Foxconn Longhua base has become China's largest exporters and the world's largest contract manufacturer of electronic products.

Over the past 10 years, Hon Hai's revenue has increased by more than 50% every year.

Located in Longhua, Baoan District, Shenzhen, the 1 square miles of Longhua science and technology park is regarded as the core of Terry Gou's empire.

The production base is surrounded by high walls, and few outside people can set foot in it.

At the base of Longhua, there are all staff dormitories, fire brigades, hospitals, swimming pools, restaurants, banks, grocery stores and Internet cafes. 10 large staff canteens provide more than 150 thousand lunches every day, and 10.6 tons of rice per lunch.

There are as many as 3000 new recruits recruited every day during peak hours of employment, and more than 1000 of them are Guang security.

Terry Gou, the richest man in the world, said that his 56 year old Taiwanese Terry Gou had been keeping a low profile.

He said in an interview that he hated his reputation.

For more than 5 years, he kept ignoring reporters' requests for interviews.

Terry Gou combines his business judgement with persistent quality control and competitive pricing, which has created his thriving manufacturing empire.

Reported that.

Hon Hai Precision is listed in Taiwan. The name of Foxconn is used when interacting with customers. At present, the company's market value has reached 43 billion US dollars, equivalent to the total value of its ten largest competitors in the world.

Terry Gou and Hon Hai Precision also control a series of affiliated enterprises that publish their income separately.

A spokesman for Hon Hai Precision said Terry Gou was worth about $10 billion.

The report said.

It is understood that Hon Hai Precision not only produces products for apple, Nintendo, HP and Motorola, but also for NOKIA, SONY and DELL.

Infatuated with Gen Gi Khan, Longhua Science Park and Hon Hai Precision, Terry Gou's personal color is everywhere.

Terry Gou, a charismatic individual, has great prestige among his subordinates. He manages the Hon Hai Precision with the iron hand of warlords.

The report said.

On the right wrist of Terry Gou, he wore a string of beads, which he got from a temple of Gen Gi Khan.

Terry Gou called the thirteenth Century Mongolia conqueror a hero.

In the interview, Terry Gou said, "I always say to employees that collective interests are higher than personal interests.

In the Longhua science and Technology Park, Terry Gou's photo with Chinese government officials was set up and hung in a prominent place. Terry Gou took the lead and worked 16 hours a day. In the evening, he still drove a golf cart equipped with a bicycle bell and visited Longhua park for decades.

He would stop the car from time to time, or check the operation of the production line, or help the workers to repair the equipment.

Managers are often asked to read and recite a booklet called Terry Gou's quotations. One of them reads: "for any organization, the most important thing is leadership, not management. Leaders must have the determination to act as dictators for the benefit of the masses."

During the meeting, Terry Gou often stood up and spoke with a pen on the side of the cardboard.

Hon Hai's competitors are hard to come by.

Four years ago, Hon Hai's revenue was not as good as that of the industry in the past few years, but today, Flextronics and California enterprises are merging. The two incomes are only about 2/3 of Hon Hai Precision.

The assembly line workers are 4.5 yuan per hour, and the workers in Longhua factory are working on the assembly line for 24 hours without interruption.

Their wages are very poor according to the standards of developed countries.

According to the report, the most basic assembly work of the factory is 60 cents per hour (about 4.5 yuan), which is the same as the statutory minimum wage (the lowest standard of labor in Shenzhen is 730 yuan).

According to the report, nearly 1/7 workers in Longhua produce products for Apple Corp.

In 2006, a British tabloid revealed that workers in Longhua were poorly treated, especially those who produced iPod for the Apple Corp.

According to a report released by Apple Corp in August 2006, an investigation team sent out a number of violations of supplier code of conduct in Longhua, including three overcrowded hostels.

According to the requirements of Apple Corp, suppliers should control workers' working hours within 60 hours per week.

But according to Apple Corp estimates, the working hours of 1/3 workers in Longhua exceed that limit.

However, the Apple Corp believes that Hon Hai generally complied with the main aspects of the code of conduct.

Terry Gou angrily denied those critical reports.

Most of the workers in the Longhua base are wearing uniforms, the youngest of these workers is only 16 years old, he said.

From 7500 to 10 billion, Hon Hai was developed by a company founded by Terry Gou in 1974.

Some of the $7500 start-up money was borrowed from its mother.

At first, Terry Gou produced a plastic FM knob near black and white TV in Taipei. In the early 1980s, Terry Gou began to set foot in the personal computer industry, and his career began to take off.

Although he did not know much about English and Japanese, Terry Gou soon began his journey to find clients in the US and Japan markets.

In 1988, Terry Gou took the key step in his life and started his first factory in the mainland with cheap labor and land.

He took a fancy to the forefront of China's market reform in Shenzhen near Hongkong.

Terry Gou used Shenzhen to solicit potential customers. When Michael arrived in South China in 1995, Terry Gou exchanged DELL's opportunity to meet DELL's local government officials in order to get DELL to the airport. Terry Gou then arranged a little episode of DELL's visit to his factory on the way to Shenzhen.

Terry Gou was sure that DELL was a star of tomorrow, so he wanted to get acquainted with him.

Today, Hon Hai has become one of DELL's largest suppliers.

In the same year, Terry Gou took a bigger piece of land and later developed into a Longhua factory.

By 2000, Terry Gou had nearly 30 thousand workers, whose operating income exceeded 3 billion dollars.

At present, there are 450 thousand employees in Terry Gou's factories in more than ten provinces in mainland China. He has thousands of workers in factories around the world such as Hungary, Mexico and Brazil.

Terry Gou's role in Hon Hai Precision is changing gradually. Although he is still working hard as before, the emphasis has shifted from routine routine work to major strategic issues.

At the same time, Terry Gou also spent more time in dealing with a series of life changes.

He also paid more attention to philanthropy and promised that he would eventually donate his personal property 1/3.

The report said.

In addition, Terry Gou has started looking for successors in Hon Hai Precision, focusing on employees aged between 35 and 45.

He also began asking his senior managers to monopolize their subsidiaries to demonstrate their strength in this way.

Terry Gou is unlikely to choose his successor from his family members, because neither of his sons nor daughters are in the position of Hon Hai.

Terry Gou said that his decision to resign was influenced by Chinese history, especially by Emperor Qian Long.

He controls the whole of China for 60 years, Terry Gou said, but he has been in office for too long.

I want to take a rest and leave more opportunities and responsibilities to young people, though I am not old myself.

Terry Gou, chairman of Hon Hai Precision group, was born in 1950. He was born in 1950. He entered the Taiwan Fuxing shipping company in 1971 and established Hon Hai plastics Enterprise Co., Ltd. in 1974. The capital is 300 thousand yuan, and the knob of black and white TV sets is produced.

1985 set up an American branch and set up FOXCONN (Foxconn) own brand.

2001 the US Forbes ranks 198th on the list of the world's billionaires. (Forbes)

In 2002, he was selected as the "star of Asia" selected by us business week.

The Foxconn group is a high-tech enterprise group specializing in the production of computer connectors, precision components, machine tools, precision molds and computer machines in mainland China in 1988.

By the end of 1999, Foxconn group had built two major information technology industrial parks in Shenzhen and Kunshan respectively.