The birth of the Hong Kong Island family

Early July.

The ‘Lin Chi Chiu Family Office’ was established in Hong Kong’s ‘Victoria Harbor Centre’, where members of the Lin family gathered together.

First, there is the ‘family meeting’, of which all adult family members are members. When something can reach a 90% voting rate, it can exceed the rights of the family council. Of course, the form is more significant.

Secondly, they are members of the ‘Family Council’. Lin Zhichao is the chairman, and his seven sons (all adults) are directors of the council, a total of eight people. Of course Lin Zhichao has absolute authority, but if he is absent, the seven sons will just vote. At the same time, by the third generation of the family, only the eldest son can succeed his father's directorship. If there is no son, the 'core of family power' will automatically be lost.

Finally, there is the management of the ‘family office’, which consists of: chief executive officer, investment and financial management department, trust management department, and family affairs department. The ‘Family Affairs Department’ also includes: legal taxation, family governance, family education, inheritance planning, charity management, art collection, security management, entertainment and travel, global property management, butler services, etc.

After two days of meetings, the Lin Zhichao Family Office was officially established.

Currently, there are 15 family members, including: Wu Wenying, Lin Zhichao, Tang Caiyun, Xu Caiying, Audrey Hepburn, seven sons, two daughters, and two grandsons.

The chief executive is Charles Fleming, the head of investment and financial management is John Smith, the head of trust management is Charlie Wilson, and the head of family affairs is Jason Brown.

The four core senior management are European and American, but the heads of the following small departments are both Chinese and foreigners, with Chinese accounting for about 30% to 40%.

Lin Zhichao especially likes to remove some talents from his own business and join him; in this way, he can ensure that the family office is not awkward and can cultivate talents.

If it weren't for the fact that Chinese people had less exposure to this industry and it was difficult to find top talents in this area, he would definitely give priority to hiring Chinese people, who would account for a larger proportion of senior executives.

The initial operating capital of the "Lin Zhichao Family Office" is US$210 million, which Lin Zhichao drew from Audrey Investments, Yangtze River Industrial Group, and Global Group, with each company contributing US$70 million.

On the third day, the family office began official operations.

In his office, Lin Zhichao summoned the chief executive, Charles Fleming, and the head of the investment and financial management department, John Smith, to prepare for investment arrangements.

In fact, the preparation time for the family office had been more than half a year before this, and Lin Zhichao had been selecting suitable senior management and talents. To be selected by him, in addition to good ability, it must also have a 'good impression'.

Charles has been a senior executive in a company and has specialized in family office work, but he is only 38 years old, which can be said to be the best age; John Smith has worked on Wall Street and has experience as a senior corporate executive, and he just turned 38 this year. 36 years old.

"In terms of family investment and financial management, as I have communicated with you before, my plan is generally based on it. After the adjustment in the later period, part of the funds will be used for the operation of the investment and financial management department."

"Understood, BOSS!"

The two had learned about their employer's deeds in detail before, and then they felt that Lin Zhichao's rise was legendary.

If he only achieved the title of 'World Shipping King' in shipping, then he could only be said to be great in one aspect, but now he is also a real estate and industrial tycoon, and is also involved in hotels, media, clothing and other industries. He is a proper self-made all-round businessman. .

Lin Zhichao nodded and continued: "Currently, there are 210 million U.S. dollars, and 200 million U.S. dollars are used as start-up capital for the investment management department. I plan to invest 100 million U.S. dollars in oil and upstream company stocks on the London stock market, and 50 million U.S. dollars to invest. Oil stocks in the U.S. stock market, and the remaining $50 million will be used to buy pharmaceutical stocks in the Japanese stock market.”

John Smith asked: "Buy all the stocks?"

Lin Zhichao nodded and said: "The two hundred million US dollars will be invested according to my method. I will consider injecting more capital later, and then we will invest in properties."

John could only nod. He wanted to remind his boss that the family office's investment should still be based on stable appreciation. Nowadays, all investments in stocks are risky. But since the boss has insisted and there is capital injection, there is no need to be conservative.

"BOSS focuses on investing in oil. Do you think the Middle East will change in the next few years?"

Only the Middle East can influence oil. Although the United Kingdom, the United States, and the Soviet Union all have oil production, these countries do not want oil to rise. After all, if they want to develop their economies, they cannot do without a large amount of oil. Only the powder keg of the Middle East can affect the rise in oil prices.

"Not only the changes in the Middle East, but also the growth of the global economy are inseparable from a large amount of oil. In short, investing in oil in recent years has been very cost-effective."

"Okay, I'll get ready right away."

Prior to this, Lin Zhichao had asked Victoria Harbor Investment to invest US$200 million in oil stocks in the US stock market, so this time he only spent US$50 million to invest in the US oil market. The British North Sea oil exploration, so its stock market is also full of related company stocks and upstream company stocks, investing 100 million US dollars is very suitable. As for the Japanese stock market, the bull market is about to start now, and it is the right time to enter the market. In the fields of electronic communications and medicine, Lin Zhichao feels that the pharmaceutical field is more worthy of investment.

In fact, Lin Zhichao has no plans to inject more funds into the family office for the time being. This wave of investment of US$200 million in stocks would have increased in value to almost US$500 million in the early 1980s.

By that time, Lin Zhichao's Victoria Harbor investment may already have a wealth of more than 60 billion Hong Kong dollars (10 billion U.S. dollars), and he will consider injecting some of the funds into the family office.

Overall, the wealth of family offices is much lower than that of Victoria Harbor Investment. Because the wealth invested in Victoria Harbor is Lin Zhichao's real private wealth.

A week later.

Lin Ruijiang married Zhu Linlin, who had just graduated, in the Shangri-La Hotel.

As a parent, Lin Zhichao also invited many dignitaries, celebrities and rich people, and consuls in Hong Kong to attend the wedding. In terms of luxury, it was no less than the royal family.

The hotel decoration used a large number of flowers flown from Southeast Asia. There were 398 tables in the entire wedding, and each table cost more than 3,500 yuan. The dishes include: Boston lobster, roasted cloud legs with oil-soaked scallops, fortune Yao Zhufu, and braised large abalone wings. , Original Ma Bao, Steamed Double Happiness Spot, Crispy Fried Chicken, Braised Belly Bei Ru, Yifu Noodles, Bazhen Fried Rice, Red Bean Paste, Yuanyang Order, there are 2 kinds of drinks: Maotai, Hennessy XO Brandy.

The banquet is divided into six venues, as well as multiple venues for guests to play mahjong. The reception fee for such a grand wedding banquet is extremely heavy. There are 180 people attending the reception alone, including many celebrities from all walks of life in Hong Kong and employees of Lam's enterprise.

Four p.m.

Lin Ruijiang and Zhu Linlin entertained the press at the Shangri-La Hotel and allowed reporters to take photos and conduct interviews. Compared with his brother Lin Ruihuan's wedding, it was much more high-profile.

Reporter: "Xiao Linsheng, what kind of work are you usually responsible for at Yangtze River Industry Group?"

Lin Ruijiang: "Now he is the deputy general manager of Midea, specifically responsible for arcade machines, electronic game software, Walkman and other products. Recently, our 'Hong Kong Cube' electronic games and Walkman products have become very popular around the world and have achieved We have achieved remarkable results. This is a good start for Hong Kong’s technology industry. I hope that more technology products will be born in Hong Kong.”

People are in high spirits when happy events happen, and Lin Ruijiang is very happy to talk. In addition, he likes the technology industry, so he talked a lot about the reporter's question.

Zhu Linlin next to her felt that she was the happiest woman in the world. Today's wedding was very beautiful. She was immersed in the ocean of love, and her husband was so outstanding.

Reporter: "Xiao Linsheng, what are your plans after marriage?"

Lin Ruijiang: "Yes! Dad specially gave me a holiday and said that we and I would go on a honeymoon trip. We will go to Europe."

Reporter: "Will you take advantage of the honeymoon to plan your family?"

Lin Ruijiang: "Haha, this is not a problem. Having children is in our plan."

Reporter: "How many children do you plan to have?"

Lin Ruijiang: "Having too many babies will hurt a girl's body. Three or four is more suitable."

Reporter: "If this happens, will Lin Sheng be unhappy?"

Lin Ruijiang: "No, my father is relatively open-minded. He gave us advice on having three or four children, and he would not interfere too much with our brothers."

The reporters immediately laughed!

The ship king may indeed think so, but he can't stand other people having two wives, so he has seven children. However, the Ship King can think of the fact that a woman’s body is easily damaged by giving birth to too many children, which is already very good.

Next.

The welcoming ceremony of the banquet was quite complicated. An 8-member Chinese band was in the main hall. Every time a guest arrived, the band would play music. Singing stars, Western band performances, acrobatic performances and Chinese dance performances are arranged in various venues. Inside the hotel, people are dressed in fragrant clothes, happy and cheerful.

There were nearly 5,000 guests at the entire banquet, including the President of Singapore, the Governor of Hong Kong, the Governor of Australia, the Prince of Morocco, and the Commander-in-Chief of the Thai Armed Forces. Due to the high status of the guests, the police dispatched a large number of police officers to maintain traffic and strengthen security. Road police officers have one sentry every five steps and one post every ten steps, densely deployed on both sides to ensure safety.

In terms of overall scale, Lin Ruijiang's wedding surpassed that of his elder brother Lin Ruihuan and third brother Lin Ruihai by a lot.

This is what Lin Zhichao means. Lin Ruihuan and Lin Ruihai are both the 'eldest sons'. It is not appropriate to make a big deal, and it is better to keep a low profile. Therefore, Lin Zhichao tried to minimize the number of invitations to their wedding. Of course, he could not avoid the enthusiasm of his friends. In the end, it was still quite grand.

At 8:15 pm, the venue bell rang to put away the mahjong, and the first course was served at 9:00 sharp.

After two courses of hot meat, the master of ceremonies Shen Bi delivered a speech.

Sandus, who has retired, also rushed to Hong Kong from the UK to attend the wedding.

Today, many guests saw Shen Bi delivering a speech and sighed inwardly at the close cooperation between Lin Zhichao and HSBC. In fact, everyone does not think that Lin Zhichao was supported by HSBC, but that Lin Zhichao and HSBC have a cooperative relationship with each other. Just the fact that about 25% of HSBC's profits have come from shipping investments since the 1970s is enough proof.

Shen Bi returned to the rostrum, speaking humorously and talking about interesting things about the young couple (with scripts).

The groom Lin Ruijiang also gave an impromptu speech at the request of the guests. He took the bride's hand and said seriously: "In front of so many relatives and friends, I have nothing to say. If I had not met Zhu Linlin, I would not be so happy. Today, if it were not for the love and care of my parents, there would be no such lively scene today. I would like to thank my relatives and friends for their concern for me."

Thunderous applause!

The banquet reaches its climax!

The audience also began to whisper.

"When I put this Maotai and the three major foreign wines together, I don't feel any difference at all. It turns out that Lin Sheng has always liked drinking Maotai, haha!"

"I also know that Lin Sheng likes to drink Maotai. I heard that he also likes to give Maotai to people. I also received it once!"

"It seems that Moutai should really pay Lin Sheng advertising money. The media will definitely promote it tomorrow."

"Ha ha"

Tonight’s wine, Moutai stole the show.

"I heard that the bride's family is very ordinary, and she has just graduated from preparatory school."

"I've climbed a high branch!"

"I heard that the gift money alone is 20 million Hong Kong dollars."

"The groom is really outstanding. He graduated from Stanford University. In the past year, he has led the launch of the Walkman and the Hong Kong Cube Game, which have sold well all over the world."

"The Qilins of the Lin family are all capable of standing alone. This Lin Sheng is not only good at making money himself, but is also good at raising children!"

The next day.

Various newspapers in Hong Kong devoted a large amount of space to reporting on the 'Lin Zhu Wedding', and some newspapers even devoted an entire page to news about the wedding banquet.

After the wedding, the bride and groom immediately boarded Lin Zhichao's private jet and headed for Europe for vacation.

The moment Zhu Linlin stepped onto the private plane, she realized that she had always been an 'ugly duckling'. She was so immersed in the luxurious wedding yesterday that she couldn't forget it even when she got up this morning. But now that she was boarding her father-in-law's private plane, it felt like she had entered a new world.

"Brother Jiang, this is really my father-in-law's private plane. It's like a moving castle." Zhu Linlin said happily.

Lin Ruijiang said: "Of course it belongs to my father. You don't think there is any problem in buying such an airplane with his status?"

Zhu Linlin immediately said: "It seems so. My father-in-law is the world's shipping king, real estate tycoon, and industrial tycoon!"

Lin Ruijiang took Zhu Linlin's hand and came to the second floor to introduce her.

".This is the master bedroom, which is my dad's bedroom. These two are secondary bedrooms. We can choose one at will."

"I hate it. I just introduced the bedroom. I want to go to the entertainment room to experience it, okay?"

"No problem. Except for not going to the master bedroom, everything else is fine."

After visiting for a while, the two sat on the sofa and hugged each other closely.

"It's like a dream, Brother Jiang, how did you fall in love with me?"

"I caught my eye at the school gate!"

The couple talked about love, and soon Lin Ruijiang couldn't control himself and pulled his wife towards the room.

"Come on, let's create a man in the air!"

"I hate it. It's so unpleasant to say!"

Lin Ruijiang was very excited. He still liked the wife introduced by his father very much. At the same time, he also received teachings from his father - Zhu Linlin is a girl from an ordinary family. What this kind of girl needs is attention to detail, so that he should not look like a rich person and live a small life between husband and wife. Maintain the unity and influence of the extended family.

If you can’t maintain your small home well, how can you maintain it?

In fact, Lin Ruijiang is somewhat similar to Zhu Linlin. He often eats street snacks while watching ordinary cars. When he lives independently, he also washes his own clothes.

At the same time, the two temporarily lived at No. 79 Deep Water Bay after getting married. After the child was born, they moved to a bungalow on the top of the mountain for a temporary stay. Almost five years later, they will move to a mansion in Shek O.

In the office of Yangtze River Industrial Group, Lin Zhichao was looking through the financial situation.

Since the 1970s, with the birth of popular products such as Transformers, Cabbage Patch Dolls, Baby Mario, arcade machines, Walkmans, and Hong Kong cubes, the Yangtze River Industries Group has made a lot of money. Last year's profit reached more than HK$500 million, and it will continue to grow this year.

You know, Hong Kong's second largest industrial company can earn 100 million a year. It is already a good year and it is difficult to maintain it forever. As for the Yangtze River Industrial Group, it can currently maintain around 500 million Hong Kong dollars, and it can even be higher with the development of new game software.

The current cash flow of Cheung Kong Industrial Group totals HK$1.6 billion, which is the assets after injecting HK$400 million into the family office.

"There is no way to continue like this. After making money and then spending money, Yangtze River Industrial Group has no foundation and no fixed assets. If we develop the technology industry in the future, we will not be able to do it without money."

"It's still too late to invest in office buildings in Manhattan. They haven't risen much yet, and the second oil crisis will have limited economic impact on Britain, the United States, and Japan."

"Next year, in the name of Cheung Kong Industries Group, the development rights above Chater Station - Taifu Center will be purchased in its entirety."

Lin Zhichao asked the Yangtze River Industrial Group to purchase the property because he no longer wanted to use the cash in it and wanted to invest the funds to plan for future investments.

At present, Hong Kong has many more science and engineering talents than in previous generations, and the Polytechnic will also be upgraded to a Polytechnic University in the next few years. All of this is promoted by Lin Zhichao's huge donation.

In the future, Cheung Kong Industries Group will lead the development of Hong Kong's technology industry, and of course this industry will have to rely on the mainland. Lin Ruijiang is a very good son. I hope he will achieve good results in this field.

Lin Zhichao is also very satisfied with the wife he chose for his son. Although she does not have the blessing of the Hong Kong sister, after all, that is just a false name.

What Lin Zhichao likes is Zhu Linlin's intelligence. This kind of woman can tolerate an unhappy marriage for more than 20 years. She is obviously a very knowledgeable and smart woman. As for the low level of education, in fact many girls in Hong Kong have graduated from preparatory courses, which is enough.

Of course, it would be a great achievement to give Lin Ruijiang three sons.

Lin Zhichao has seven sons in total. His basic requirement is to have 14 grandchildren and 7 granddaughters. In other words, the third generation has at least 21 members.

He encourages his son and daughter-in-law to have 3 to 4 children. Too many are meaningless. Those who are willing to work hard will have four children, while those who are not willing to work hard will have three children.