1039 [Shuffle Rich List] Down
July 12, 1997—
The Thai Central Bank officially announced that it would no longer be pegged to the US dollar, which caused a storm, causing a sharp drop in the Thai baht and causing panic.
The major stock exchanges in Thailand are overcrowded, and people are frantically selling the Thai baht and selling their Thai stocks.
Countless Thai banks held meetings urgently to formulate emergency strategies to overcome this financial crisis; many Thai companies declared bankruptcy directly to avoid dying in the storm without a place to die; countless small businesses are duckweed in the wind, facing the destruction of this super storm.
As for those Thai people who have not received the news, they are still immersed in their happy world. For them, Soros was defeated by the Thai government last time, and this financial tycoon cannot really win.
Inside the huge mansion—
Wanahan, one of the top ten richest people in Thailand, is preparing to marry his third bride.
As a super rich man, Vanahn always gives people the impression that he is very generous and rich. Because of this, he has been in constant love, married a Thai beauty star, a beautiful stewardess, and finally divorced. This time he fell in love with a famous socialite.
For Vanakhan, as long as he gets married this time, he can not only marry a beautiful and charming wife, but also take advantage of his wife's famous family background to go further in the upper class in Thailand.
In short, rich people will never think that they have too much money.
In the mansion, there are so many guests at this moment, and everyone is here to watch Wanahan’s wedding.
The wedding was extremely grand, with flowers all over the ground, and the elephant, which symbolized good luck, also put on a beautiful colorful saddle made of silk, waved its nose as a "mascot", standing aside, staring at the bride who was about to appear.
The festive music sounded, and the bride wore golden jewelry, which appeared in front of the groom under the attention of everyone.
Vanahn looked at the beautiful bride, his heart full of pride. With his big belly, he waved his hand and the servant brought a beautiful jewelry box.
Wanahan opened the jewelry box and took out a diamond ring with blue diamonds from it.
The diamond ring shone brightly, causing everyone around to exclaim, mainly because the diamond was too big and too bright.
All the female guests looked at the diamond ring jealously, while the male guests looked at Varnahan jealously - it's great to be rich!
The bride's parents were also watching this scene happily, thinking that this was the real "good fortune and good fortune".
Amid the applause of everyone, Vanakhan personally helped put the diamond ring on the bride, then held her hand and came to the monk who acted as the witness.
The two knelt down in front of the monk, folded their hands together, and waited piously for the monk's blessing, and then declared the wedding successful.
At this moment, Vanahhan's confidant housekeeper hurriedly out of the room, not caring about the presence of many guests. He walked through everyone, lined up the guests, came to Vanahhan, handed over a fax to Vanahhan, and said, "Master, the central bank suddenly decoupled the Thai baht from the US dollar. In just ten minutes, our account had lost tens of millions of dollars!"
Suddenly, everyone in the audience was shocked and looked at this scene incredibly.
The Thai baht is decoupled from the US dollar?
Doesn’t that mean that many companies are going to go bankrupt?
Everyone looked at Wanahan again, you should know that Wanahan's assets are almost all in Thailand, and recently, in order to expand his career territory, he also borrowed a lot of money from the Thai Bank...
The originally lively wedding scene seemed a little silent.
At this time, Vanahn's cell phone rang.
After the call was connected, Vanahn looked ugly. This was a debt collection call from the bank.
Just after I hung up, the phone called again, and it was another bank.
Wanahan: "…"
Cold sweat began to appear on his forehead. He looked anxious and couldn't help looking at his prospective father-in-law and mother-in-law.
At this time, his expectant father-in-law suddenly came over, pulled up his daughter, and said sorry to Vanakhan that the wedding needed to be reconsidered.
It is very realistic to be a famous family. He does not want his daughter to marry a pauper or a "rich man" who owe a lot of money.
The guests around who had come here to congratulate him quietly saw that things had developed like this.
Vanahn suddenly realized what "human feelings" mean.
The moment the bride was pulled away by her dad, he finally spoke out: "Ring! Return me to the ring!"
Yes, that's a diamond ring worth $100,000 - if you want to come here, you can pay more bank loans!
...
In Thailand, because the Thai baht depreciates, many rich people like Wanahan go bankrupt.
These wealthy Thai rich men suffered the biggest blow in their lives.
Even the rich Thais have shrunk their assets due to financial storms and their companies went bankrupt. Not to mention those Thai people, because the depreciation of the Thai baht has caused prices to soar and people's lives have become difficult.
With the full outbreak of Thailand's economic crisis, it has also directly affected Southeast Asian countries, including Singapore, Indonesia, Malaysia, etc.
The news that financial tycoon Soros appeared at the University of Bangkok, Thailand has caused countless financial speculators to wait for an opportunity and are even working hard to short the Thai baht.
Just as Soros said to Song Zhichao, Song Zhichao "losed" this time and lost completely in Thailand.
Even though Song Zhichao spent his energy to unite Chinese businessmen to provide 3 billion US dollars in aid, Thailand was unable to resist Soros's strong ship and powerful cannon.
Defeated like a mountain!
The economic crisis broke out in full swing.
...
At the same time, because they stood on the same front with Song Zhichao, the Yan Tong Yan family, Li Sen and other four major Chinese merchants in Bangkok who had been reminded by Song Zhichao, and the "tycoons and bosses" who were willing to act as Song Zhichao's pawns and be his younger brother, were very lucky to escape.
With Song Zhichao's reminder, these people had already sold their non-performing assets and replaced the Thai baht they held with US dollars and gold. So much so that after the financial crisis came, they could remain unmoved.
As a result, the ranking of Thai rich people was completely reshuffled.
The original top ten richest people in Thailand were almost all occupied by Chinese people - Li Sen, Cheng Hong, Pu Renshuo, Wan Guoyi and Yan Tong, and even occupied the top five in the ranking of rich people.
At the same time, the skyrocketing Chinese strength has also led to the Chinese business forces truly dominating Bangkok, as well as other large and small cities in Thailand.
The scene predicted by Song Zhichao finally appeared.
As the behind-the-scenes boss of these Chinese forces, Song Zhichao has undoubtedly become the "king" of the new generation of Thai Chinese.
...
And at this time—
As the "king", Song Zhichao seemed very calm.
He fulfilled his promise to fund the University of Bangkok in the name of the Angel Fund - so much money can be regarded as a timely help in such a storm. President Songchao and his group of people were "grateful" to Song Zhichao.
This is not an exaggeration, but a fact, because this Bangkok University is a private establishment. In the past, the school's construction funds were sponsored by private funds. However, now Thailand's domestic economy is in a downturn and many companies are going bankrupt. It would be extremely difficult for schools like this to continue to survive. If it weren't for Song Zhichao's donation of 500,000 yuan, the school management would probably not be able to pay even their wages.
Of course, when Song Zhichao donated money to the University of Bangkok, he put forward a condition, that is, when funding the university students of the 500,000 US dollars, he must first consider Chinese students - that is, the school can use money to fund students, and Chinese students are the first choice!
Faced with the "condition" of Song Zhichao, principal Songchao and others would definitely accept it unconditionally. After all, in addition to funding students, this money can also be used to improve school facilities so that they can not be affected by the external financial crisis, get their wages, and work with peace of mind.
Since then, Song Zhichao's purpose at the University of Bangkok has been achieved - in the future, the University of Bangkok will provide him with countless Chinese elites and help him build his financial empire here.
Chapter completed!