A news two months ago made Li Zhaohui, the once-famous second-generation rich in China and the former richest man in Shanxi, once again made headlines. He was restricted from leaving the country for failing to fulfill his legal obligations.
Li Zhaohui first appeared in the media in 2003. In 2003, Li Canghai, the richest man in Shanxi, was assassinated and forgotten, leaving the Haixin steel empire worth 4.3 billion. As the only son, Li Zhaohui interrupted his studies in Australia and returned to China to inherit his father's career.
At that time, the media asked him what he was going to do, and he asked the media if it were you, how would you do it.
On the 28th day after his father died, he became the heir of this empire. Later, accompanied by Uncle Wu and Uncle Liu, he began to take over the work. Accompanied by them, he began to go out for inspection and went to Hong Kong to visit many of his father's business partners.
In fact, during those years, Li Zhaohui did a good job. He led Haixin to create more than 8 billion revenue and more than 400 million profit in 2005, despite the poor steel situation. In 2006, he ranked 56th on the national rich list.
During the three years from 2002 to 2004, he applied for endowment insurance for 2,100 employees of the company. In 2004, he also relied on the advantages of the product to become the supplier of Hangzhou Bay Bridge. In 2006, Li Zhaohui took more than 100 employees and their families to Hainan for vacation because of his good results in the past few years.
In 2010, Li Zhaohui was still the richest man in the country and the youngest super rich man in Asia. This year, because of his marriage, he once again became the focus of the people across the country. This year, he used 200 wedding cars to marry the female star Che Xiao. At that time, 500 tables were opened, and more than 10,000 Haixin employees attended the boss’s wedding, and they could not give gifts. Instead, the Li family gave them gifts. The Li family also specially invited a fashion designer from Beijing to design Tang suits for the Li family in Shanxi. Each set is worth more than 10,000 yuan. The wedding also caused a national sensation at the time.
However, this wedding ended hastily after only 1 year and 3 months. Che Xiao said to the public that the divorce was mainly due to the disagreement of two people's personalities, and the fact that they were not together much. It is said that this time of divorce, Che Xiao was divided to 300 million yuan. In 2012, Li Zhaohui met another female star Cheng Yuanyuan. It is said that he spent tens of millions to help her buy a female number one position. Later Li Zhaohui also married her.
When Li Zhaohui's marriage had problems, his Haixin Steel also had problems. The Li family hoped that Li Zhaohui would take over from the old thinking, which has caused a lot of dissatisfaction with the original management. By 2010, the steel market was not good. Haixin, who was troubled internally and externally, began to have many problems. Haixin continued to lose money and was heavily in debt. Can go bankrupt.
Li Zhaohui has also become a prodigal in the eyes of many people, but many people do not know that Li Zhaohui is a master of capital. He has already made tens of billions of yuan from stock trading.
In 2004, in the second year after he took over Haixin, he acquired 160 million shares of Minsheng Bank, and then he acquired 21.25% of Huaguan Technology through his own private company. In 2007, Li Zhaohui bought many stocks such as Aluminum Corporation of China, Yimin Commercial, Huadian International, and Industrial Bank.
This year, he also bought shares of Yinhua Fund at a price of 1.18 billion yuan, a premium of 56.19 times. Most of these capital speculations have made a lot of money, and he has made at least 1 billion yuan in profits just from Minsheng's shares.
According to media statistics, Li Zhaohui has gained a total of 3.878 billion yuan by investing in Minsheng Bank, Industrial Securities and Shanxi Securities. If you are familiar with it, you know that there is a company in Shanghai called Haibo Xinhui. The person in charge of this company is Li Zhaohui’s younger sister, but the actual controller must be Li Zhaohui.
passed this company, and Li Zhaohui actually transferred most of his assets long ago. When the big cycle of the steel industry came and there was overcapacity, Li Zhaohui actually got out of it long ago. For many years, Li Zhaohui has been in Beijing and Shanghai, but rarely in factories. He has been looking for investment opportunities, which shows that he has long given up on steel.
Now that Haixin has gone bankrupt, Li Zhaohui has been called the prodigal son, but in fact he is still worth tens of billions. So who is right and who is wrong, who can make it clear.
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