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Do you know Zhao Tengxiong, the real estate king of Taiwan Province Province? Want to know more about him?

Zhao tengxiong

( 1944— )

/kloc-0 was born on October 4th, 1944, from Miaoli County, Taiwan Province Province. Graduated from Miaoli Middle School of new york Institute of International Education.

He used to be the president of the National Federation of Construction and Development Business Associations, the vice president of the Cross-Strait Science and Technology Exchange Promotion Association, the vice president of the China Longgang Friendship Association, the executive director of the Taipei Construction Investment Company, the executive director of the Industrial and Commercial Construction Research Association, the member of the Olympic Committee, the director of the Global Chinese Competitiveness Foundation, and the director of the Cross-Strait Business Development Foundation. He is currently the chairman of Yuanxiong Culture and Education Foundation, Hualien Ocean Company, Yuanxiong Life Insurance, Far East Construction, Metropolis Construction and Yuanxiong Relationship Enterprise.

The legendary experience of a rural child who never attended high school becoming the most expensive listed real estate developer in Taiwan Province Province is believed to be a very attractive story for many readers. The first person to let Forbes and the international authoritative financial media choose the cover story as the protagonist is Zhao Tengxiong, chairman of Yuanxiong Group.

In Forbes Taiwan Province Rich List, there are three real estate tycoons, besides Zhao Tengxiong, there are also Lin Rong San, founder of the Federal Group, and Lin Ji, chairman of Hongtai Group. However, Zhao Tengxiong was chosen as the cover story, mainly because Taiwan Province Provincial Construction Co., Ltd. soared by 42% in the past year, while Yuanxiong Construction's share price tripled in the past two years, which not only made Zhao Tengxiong's worth soar to 65.438+08 billion US dollars (about NT$ 55.8 billion), but also made him rank 654.38+03 in the rich list of Taiwan Province Province.

Forbes magazine interviewed Zhao Tengxiong under the title of "Closer Cross-Strait Relations". This interview pointed out that the construction of Yuanxiong is probably one of the biggest beneficiaries under the new government policy, because Ma Ying IX actively strengthens its relations with Chinese mainland, including direct flights and air routes, which will shorten the flight time between Shanghai and Taiwan from the current 6 hours to 90 minutes. It will not only increase the frequency of some of the 65438+0 million Taiwan Province people living in mainland China returning to Taiwan, but also increase their possibility of buying real estate in Taiwan Province Province, which is a great opportunity for the construction of Yuanxiong, which will push 50 billion to 60 billion yuan each year in the next three years.

In addition, Forbes also introduced Zhao Tengxiong's struggle from scratch, including how he developed and built towns in the Three Gorges and Linkou after SARS. Today, five years later, those years of putting all your eggs in one basket have paid off handsomely. The housing prices in these two regions have doubled, which makes the sales of Yuanxiong increase to $470 million in 2007 and is expected to reach $720 million in 2008.

Zhao Tengxiong, who personally attended the Asia conference of Forbes magazine, said that he never dreamed that he would be selected by Forbes magazine. For him, the son of a worker from a poor family has become a real estate tycoon. Now wealth is not how many figures he has, but how to make good use of land resources and build more international buildings. In his speech, he still kept his simple and honest character as an architectural veteran.

Billionaire real estate tycoon Zhao Dengxiong firmly believes that the new leader of Taiwan Province Province and the improvement of cross-strait relations will create greater wealth for him and Taiwan Province Province.

In 2003, due to the impact of SARS on the economy and the uncertain prospect of the relationship between Taiwan Province Province and neighboring Chinese mainland, the real estate market in Taiwan Province Province was shrouded in a haze. For a courageous developer who didn't go to high school, now is the best time to buy. At that time, Zhao Tengxiong, who had just sold his precious personal property in the United States to raise cash to cope with the sluggish commercial real estate sales in Taiwan Province Province, bought houses in two depressed suburbs of Taipei. One is located in Sanya, where a new university is being built, and the other is located in Linkou, a small town between Taipei and the international airport. Zhao Tengxiong, chairman of Farglory Land Development, recalled: "The situation was really bad, but at the same time there were opportunities everywhere." .

Five years have passed, and that year's desperate efforts have paid off handsomely. The housing prices in these two areas have doubled, which makes Yuanxiong's annual sales increase to 470 million US dollars in 2007 and is expected to reach 720 million US dollars in 2008. In the past two years, the share price of Zhao Tengxiong's Yuanxiong has nearly quadrupled, making it the most valuable listed real estate developer in Taiwan Province Province with a market value of $2.5 billion. This extraordinary achievement made Zhao Tengxiong rank 65.438+03 in the first published list of the 40 richest people in Taiwan Province Province with a net worth of 65.438+08 billion US dollars.