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Real estate tycoon Wang Yonghong: He once spent 100 million for a female celebrity, but later fell off the altar and owed 80 billion

"Dreams will never be discounted, only the courage to keep doing it" is the motto of the former real estate tycoon Wang Yonghong. He put this sentence on the official website of his company, and many people are interested in it. I firmly believe in Wang Yonghong’s theory of success. After all, Wang Yonghong’s wealth is unimaginable.

But after thirty years in Hedong and thirty years in Hexi, Wang Yonghong, who was so successful back then, is now heavily in debt, being chased for debts everywhere, and is extremely depressed.

Wang Yonghong was one of the first batch of "Beijing drifters". In 1992, Wang Yonghong came to Beijing alone from Jiangxi and found a job at a gas station. He set a goal for himself, he wanted to become a business owner. The owner of a car chain with a thousand cars. After working for three years, Wang Yonghong learned skills and saved a sum of money. He used this first capital to invest in a car cleaning company and move towards his dream.

In 1999, Wang Yonghong already had many automobile industries and several gas stations under his name. At this time, he found that the real estate industry was a promising industry. He made a prompt decision and sold the gas stations. When he started to engage in real estate, he bought 600 acres of wasteland in Chaoyang District and built Zhonghong International Business Garden here.

This action almost spent all of Wang Yonghong’s savings in the past few years. The whole family almost got into a fight with Wang Yonghong, thinking that he was dizzy. But facts proved that Wang Yonghong was right. Eight years later, when the Beijing Olympics was held, Beijing's real estate suddenly became extremely hot, and the value of the land in Wang Yonghong's hands increased tenfold.

More than 9,800 commercial housing units were sold out within a few months. Wang Yonghong earned a total of 5 billion and became completely famous in the business world. Wang Yonghong became more and more courageous as he fought. In 2013, Wang Yonghong's assets rose to more than 6 billion, ranking second on the Jiangxi rich list.

After becoming famous, Wang Yonghong also began to fall in love. His love partner was an 18th-tier starlet at the time, named Han Xiting. Han Xiting was fifteen years younger than Wang Yonghong. The two met through a friend's introduction. The lively little girl made Wang Yonghong feel very fresh. He soon launched a passionate pursuit of Han Xiting, giving all kinds of expensive gifts without blinking an eye. Han Xiting, who had just grown up, had never seen such a posture before, and he quickly fell into trouble. Under Wang Yonghong's love offensive.

In order to make his girlfriend happy, Wang Yonghong started to launch a "money trick". When Zhang Yimou started filming "Jinling Thirteen Hairpins", he selected actors from all over the country. Wang Yonghong used various connections to get himself a role in the movie. Zhang Yimou was looking for a role for his girlfriend. In the end, Zhang Yimou had no way to offend the investor and had no choice but to ask the screenwriter to add a character "Yichun" that was not in the original work to the script. Only then did Wang Yonghong stop.

Not long after, Wang Yonghong went to Hong Kong and spent 100 million yuan to buy an antique and use it to propose to his girlfriend. Han Xiting was so moved that he agreed on the spot, and the two entered into marriage. 's palace.

In 2012, Wang Yonghong spent 3 billion yuan to acquire the Hainan artificial reclamation island tourism development project "Ruyi Island" with a total planned investment of 12.9 billion yuan. In 2014, he and Shanghai Film Group*** With an investment of 17 billion, he plans to build the Shanghai Film Anji Film and Television Industrial Park·Novelty World Cultural Tourism Zone project. In 2016, he invested 4.3 billion to build the Monkey King Theme Park project in Beijing...

Wang Yonghong seems to be a crazy person A gambler, he felt that he could be successful when buying land, and he could be successful now, but he ignored that the operation of real estate and cultural tourism projects are different. He only focused on buying like crazy, but did not seriously consider the subsequent operations. He acquired so many projects and wanted to create a cultural tourism industry chain, but the fact is that his industry chain became increasingly chaotic until it went out of control.

In 2017, Zhonghong’s profits turned from positive to negative, but Wang Yonghong still borrowed money from banks without restraint, hoping to make a comeback one day, but Zhonghong was already a hollowed-out showpiece. Also in this year, Wang Yonghong came to Hong Kong and bought the Yongzheng Pink and Blue Double Dragon Zun worth HK$124 million. However, not long after, Wang Yonghong was sued by Christie's Hong Kong. Only then did Han Xiting know that Wang Yonghong had no final payment at all.

At this time, Wang Yonghong already owed tens of billions of dollars. In 2018, Wang Yonghong, who had nothing to do, took Han Xiting to Hong Kong to avoid the limelight. He took away the 7 billion in exchange for equity transfer, but the money owed by Zhonghong Group No one was responsible for the debt, and it eventually soared to as much as 80 billion.

At the end of 2018, on December 28, 2018, Zhonghong Co., Ltd., whose stock abbreviation had been changed to "Zhonghong Tui", was delisted by the Shenzhen Stock Exchange. Zhonghong’s overdue debt has reached 11.46 billion. At this moment, Wang Yonghong was fleeing with his wife. His old father was so severely hit that he could not breathe and actually lost his life. At the funeral of Wang's father, creditors came to the door and surrounded the scene, waiting for Wang Yonghong to come back for the funeral so that they could get an explanation from him, but Wang Yonghong did not show up from beginning to end.

Where can I hide? Wang Yonghong didn't know the answer. He had nothing left. He was hiding everywhere and didn't know where his future was. He was not yet fifty years old, but his life was over at a glance.

Once upon a time, Wang Yonghong was very ambitious and prospered in the market with his enthusiasm. This fearless ambition made Wang Yonghong successful, but it also harmed him in the end. In 2019, the media It was disclosed that Wang Yonghong, 47, was arrested and brought to justice, and he will be responsible for the debts he owed.

In 1992, Wang Yonghong came to Beijing with great ambitions. Looking at the prosperous city, he was full of hope. However, he eventually became a gambler and turned all his ways of making money into a huge gamble. For an illusory goal, he spent all his efforts and broke people's illusions about him. Wealth is not so easy to grab, and greed will make people pay an unbearable price.