Light Novel Pub

Chapter 288: He Surpasses The 40 Billion Charter King And Is The Richest Man In Xiangjiang!

In the days that followed, Li Changsheng lived in Los Angeles, still dating Jewish ladies as before.

Especially with that lady who looks like Wonder Woman Gal Gadot!

From those ladies, he got what those Jewish bank financiers on Wall Street were planning to invest in recently.

He made a little judgment and found that these opportunities exist!

He readily invested, and in just half a month, he made $200 million!

This is roughly equivalent to "380" 2 billion Hong Kong dollars, and the active capital he can control now is 5 billion Hong Kong dollars, and the millionaires with assets of 50 billion in the north must be free!

Now Li Changsheng should be considered the richest among the rich in Xiangjiang!

Because although the other tycoons are worth tens of billions, the liquidity they can provide is definitely not as much as Li Changsheng!

In the 1980s, Bao Yugang was the real figure in the Xiangjiang business circle.

At that time, Li Bancheng could only be regarded as Bao Yugang's descendant.

Li Bancheng can become the richest man in the Chinese, and he also has the support of Bao Yugang. Bao Yugang and Ji Banxi are representatives of Chinese businessmen.

Bao Yugang is actually from Ningbo, and the city of Ningbo can be said to be deeply imprinted by Bao Yugang. There should be no one in Ningbo who doesn't know Bao Yugang. Bao Yugang promoted the construction of Ningbo University, Ningbo Port and other projects. For Ningbo University, the Bao Yugang family even contributed money and effort, and their contribution was no less than that of Li Bancheng for Shantou University.

Bao Yugang came to Xiangjiang in 1949 and started his own marine life.

In fact, the four famous ship tycoons of Xiangjiang later all came from the mainland.

When Bao Yugang arrived in Xiangjiang, he only had hundreds of thousands of yuan in his hand. After thinking twice, he decided to enter the shipping industry. At that time, international trade developed rapidly, and the global shipping industry entered a golden age. However, this industry requires a lot of capital. Bao Yugang only has a few hundred thousand yuan, so he can only buy a second-hand cargo ship.

At that time, the shipping companies were making short-term money by charging on a per-trip basis. This kind of profit margin was very high, but the disadvantage was that sometimes there would be a dead-load period, and there was no business to do. After Bao Yugang thought it over and over again, he decided to take the long route and rent the boat directly to an island company.

The advantage of long-term rental is stable income, but the disadvantage is low profit margin. Bao Yugang only has a few hundred thousand yuan, and he chose such a slow model, which is doomed to be difficult for him to develop rapidly in a short period of time.

However, Bao Yugang successfully introduced the concept of financial operation into the shipping industry, making himself the world-recognized No. 1 shipping king in just 20 years.

Bao Yugang knew that the rental income of his model was very stable, which could completely cover the bank’s loan interest. If he could get a loan from the bank, he could quickly replicate it, buy a large number of ships, and let his profits increase rapidly, so Bao Yugang decided to We found cooperation with HSBC Bank, the most powerful bank in Xiangjiang.

HSBC began to support loans to allow Bao Yugang to buy ships. Bao Yugang leased the ships purchased with loans to trading companies around the world to obtain stable profits, and the profits could be used to pay bank interest. The rest was Bao Yugang. Yugang's own profit. For HSBC, they are also foolproof, because the loan can be secured by the purchased ship. If Bao Yugang really can't pay back the money, they can directly take the ship away. At that time, it was the golden age of the global shipping industry. Ships were in short supply. Bao Yugang kept buying ships. In less than 20 years, he controlled more than 200 giant ships and became the world's largest shipping king.

Bao Yugang also successfully became the director of HSBC and became the leading figure in the Xiangjiang business circle.

In 1985, Bao Yugang already had a net worth of 40 billion and was the richest man in Xiangjiang.

But his disposable funds are definitely not as much as Li Changsheng. .

Loading...