When it comes to BYD, we have to talk about its founder Wang Chuanfu. Wang Chuanfu's success is inseparable from two people, one is Warren Buffett and the other is his cousin Lv Xiangyang.
It is because of Buffett's investment that Wang Chuanfu was successfully elected as the richest man in China. Lv Xiangyang lent Wang Chuanfu 2 million yuan, and finally successfully founded BYD. Finally, my cousin's 2 million became 20 billion and became the second largest shareholder of the company.
In fact, Lv Xiangyang is also an invisible rich man. His Rongjie Group involves real estate, finance, metallurgy and other industries, with total assets exceeding 654.38+070 billion, while Lv Xiangyang's net worth also exceeds 70 billion.
Lv Xiangyang went to sea earlier than Wang Chuanfu, and he gave up his job of bank stability. After Lv Xiangyang went to sea, he first went to Guangzhou and Shenzhen, started with trade, and then set foot in real estate. Wang Chuanfu's father died very early, and Wang Chuanfu grew up with his brother. After graduating from college, Wang Chuanfu worked in an electronics research institute in Beijing. Lv Xiangyang also thinks highly of his cousin, thinking that he is not only capable, but also has the demeanor of an entrepreneur.
Wang Chuanfu decided to start a business in the sea, and Huizhou merchants decided to lend him 2 million at that time. At that time, 2 million pounds was a lot of money for Lv Xiangyang, but Lv Xiangyang lent it to his cousin. In fact, no one can say whether Wang Chuanfu will succeed in starting a business. If it fails, there is no way to repay it.
Borrowing money from relatives is the most embarrassing and frightening thing these days. There may be many rich relatives who are most afraid of borrowing money from poor relatives. However, if Lv Xiangyang had not lent Wang Chuanfu 2 million, it would not have earned 20 billion in the future. But one more thing, Wang Chuanfu's biggest capital is his own technology. Lv Xiangyang also lent him money, because he saw Wang Chuanfu's technical expertise, so he said he had to earn a few pounds himself to borrow money from others.
BYD hasn't really exploded yet. With its technical accumulation in the automotive field and the development of new energy vehicles in the future, the real outbreak period of BYD may be 10 years later. Lv Xiangyang and Wang Chuanfu are both very pragmatic entrepreneurs. I hope that with their efforts, China cars can travel all over the world in the future. This time, Wang Chuanfu made great contributions to the fight against the epidemic. BYD donated cash100,000 yuan, and then switched to mask production urgently. In just 30 days, it created the world's largest mask manufacturer, and all the masks were developed by BYD itself. That alone is remarkable.
He gave his cousin 2 million yuan to start a business, and after becoming the richest man in China, he gave his cousin 20 billion yuan in return. How to treat Wang Chuanfu and BYD?