Everyone is talking about whether a rich man has money, not how much is on the books, but how much cash assets he has. So who has the most cash in China? Many people may think that Li Ka-shing. In fact, Li Ka-shing has a lot of cash flow, but he won't hold much time, because Li Ka-shing is an expert in investment. The longer the funds stand guard, the greater the waste of funds. For example, you have 654.38 million yuan in the bank, which you have never invested. You may not feel anything. But when you have 654.38+0 billion or even 654.38+0 billion cash in the bank, you must find a way out for this money. 654.38+000 billion in cash, even if the income is a little more than one year, it is 654.38+000 billion in profit.
So Li Ka-shing won't have much cash in his hand. So are they real estate tycoons like Xu Jiayin and Wang Jianlin? The answer is of course impossible, because these real estate tycoons are now heavily in debt, and many real estate tycoons have a corporate debt ratio of over 80%.
Maybe you will think that Ma Yun is the king of cash in China, because Alibaba's annual profit exceeds 1000 billion. But in fact, Ma Yun only accounts for 6% of Alibaba's shares. Alibaba has not paid dividends since its listing, and all their profits are used to continue investing. Alibaba made money, but Ma Yun didn't get real benefits. How much cash does Ma Yun have now?
When Ali went public in 20 14, Ma Yun held 8.9% of the shares, but by 20 19, Ma Yun held only 6. 1%. It is equal to saying that Ma Yun insists on exchanging 2.8% of the shares for cash. How much did Ma Yun cash out? Ma Yun 20 19 cashed in 3 billion, 20 17 and 20 18 cashed in 10 billion. In this way, Ma Yun, who is worth 300 billion yuan, actually has no more than 20 billion yuan in cash.
There is a man in China who has at least 40 billion in cash. This person is Tencent's boss Ma. Unlike other rich people, horses rarely invest their money after cashing it. Some rich people cash in cash to invest in real estate, or invest in companies and so on. However, horses don't seem to be keen on this.
In recent days, Ma has continuously reduced its holdings of Tencent shares, which has attracted much attention from the market, with a total cash amount of 4.2 billion. At the beginning of the year, Ma Hua Teng also had a round of reduction, when he cashed in 2 billion yuan. In other words, this year alone, Ma cashed out 6.2 billion yuan in cash.
From Tencent's listing in 2004 to 20 16, Ma has cashed in 2 10 billion. In 20 16, the cash flow of horses was 7.9 billion; in 20 17, it was 2 10 billion; in 20 18, it was 2.4 billion. The horse did nothing. Coupled with this year's reduction, Ma has accumulated more than 4 billion in cash. Of course, after Tencent went public, there were many dividends, and Ma was also one of the biggest beneficiaries. If dividends are included, Ma Hua Teng may have more cash in his hand.
At present, it is estimated that no one in China has more cash than Ma. Because horses have a lot of cash, but they seldom spend money. Generally speaking, rich people in the mainland like to go to Hong Kong to buy luxury homes, which is also the reason why the price of luxury homes in Hong Kong has skyrocketed in recent years. Jack Ma, Zhang Li, Cai Kui, Shi Yuzhu and others all own luxury houses in Hong Kong, with prices above 654.38 billion yuan. Ma also has a house in Hong Kong, but the value is only 490 million, next to Li Zekai's mansion. Ma Yun currently owns more than 10 luxury houses in the world. Ma doesn't seem to be very interested in buying a house.
There are also many bosses who will set up their own investment funds after cashing out, such as Bill Gates. He sold all the shares of Microsoft, then set up his own waterfall investment, and then invested a lot of shares. However, Ma is not very keen on investment. At present, there are only 24 companies under Ma's personal name, and none of them are well-known companies. Ma is not as active as Lei Jun in the investment field. In fact, another founder of Tencent is a celebrity in the investment field at present, but Ma doesn't seem to like investing so much. Many bosses have hundreds of companies under their names, and horses are very rare at this point.
Of course, horses still spend money, which is for charity. 20 18, Malaysia donated 820 million, 20 19, and donated 730 million. Almost every year, Ma's charitable donations rank among the top five in China. At this point, Ma is still admired.
So, what is Ma Hua Teng doing with so much cash? I guess all the horses are used to buy trusts. In fact, Ma Hua Teng's personality is different from that of Ma Yun and others. Ma Hua Teng is very low-key and pragmatic, which has a lot to do with his being from Chaoshan. Over the years, Ma has rarely done imaginary things and has been doing his own company in a down-to-earth manner.
In addition, Ma was born in 1973. He is much younger than Ma Yun. At present, he is far from the age when Ma Yun wants to retire. His energy is still in the development of Tencent, and his dedication to work is still very strong. Ma Hua Teng is often compared with Ma Yun, and many people think that Ma Hua Teng is far inferior to Ma Yun. But in fact, this is exactly what the horse underestimated.
Perhaps Ma Hua Teng is inferior to Ma Yun in social influence, but Ma Hua Teng is superior to Ma Yun in business ability. Otherwise, Ma would not have founded such a great company as Tencent. Horses never talk big and empty, which is also worth learning for young people.
Horses never deliberately hide their wealth and never show off too much. This is the true attitude of a rich man towards wealth. In fact, judging from the cash holdings, Ma can be said to be the real richest man in China. Of course, in terms of book wealth, he is also the richest man in China, with a net worth of more than $50 billion. Many people are saying that if Alipay goes public, Ma Yun will be the richest man in the world.
It is estimated that Ma Hua Teng will become the richest man in the world before Ma Yun becomes the richest man in the world. If Tencent's market value doubles again, then Ma will be the richest man in the world.