When it comes to the property inheritance of wealthy businessmen in Hong Kong and Macao, it is always full of gossip and disputes. But the Li family was an exception, and there was no war over property. How is this done?
Li Ka-shing plays the inheritance of wealth clearly! He cleverly separated succession and property division, and achieved the perfect division of management rights and property rights through the magical tool of family trust. This operation is simply a masterpiece in business history!
He first established a family trust company and personally sent people to manage it. Then, put the stocks of listed companies into independent trust plans. If this is not enough, these trust plans are also divided into two categories: AB. Category A has management rights and voting rights, while category B contains all the assets of 22 listed companies. This layout is so exquisite!
As soon as the family separation plan came out in 2012, the total assets of the Li family managed by the eldest son Li Zeju continued to rise. At the same time, Li Zekai's career in Hong Kong has also risen rapidly. The two sons worked hard independently and jointly consolidated the Li family's position in Hong Kong. These three father and son are so awesome!
What is even more impressive is that the family trust established by Li Ka-shing is irrevocable. This means that, unless there are special circumstances, the trust will continue to operate, breaking the curse of "no wealth lasts more than three generations". This wisdom is so admirable!
It can be said that Li Ka-shing’s huge family property division using family trusts is a model for family wealth inheritance. Want to learn the wisdom of wealth inheritance? Just follow Li Ka-shing’s lead!
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