"Because Gong Ruxin and her husband Wang Dehui have no children for life, this legacy was finally entrusted to the Chinachem Foundation for various charities.
In 1960s, Gong Ruxin and her husband founded Hua Mao Real Estate in Hongkong, and formally entered the real estate industry. Gong Ruxin has an extraordinary business and investment mind, and always grasps business opportunities very accurately, which also enriches the wealth pool of Huamao Real Estate.
Brief introduction of Gong Ruxin's career development
The success of Gong Ruxin and her husband benefited from "boldness". At the end of 1960s, the credit crisis of Hong Kong's real estate industry triggered a violent shock, which caused the continuous decline of Hong Kong's real estate. At that time, the Hong Kong government, which was in power by British colonists, auctioned land at a low price to save the market. Many real estate investors do not want to be "victims". Gong Ruxin and her husband saw business opportunities in the middle.
At that time, Li Ka-shing and Gong Ruxin, the richest men in Hong Kong for a long time, made the same decision. Soon, the real estate industry in Hong Kong recovered again, and Gong Ruxin also made a fortune with these low-priced land, which quadrupled the assets of Huamao Real Estate and occupied an unshakable advantage and position in the real estate industry in Hong Kong.