you have to be among the who's who in hk to be invited. for tycoons in south east asia, it has to be based on personal friendship or strong business relationships. i have no ties to hk. but some hk tycoons have ties to the bay area.
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Indonesian tycoon Liem Sioe Liong dies at 96
- Thread starter god_zeus
- Start date
you have to be among the who's who in hk to be invited. for tycoons in south east asia, it has to be based on personal friendship or strong business relationships. i have no ties to hk. but some hk tycoons have ties to the bay area.
very true. without them sgp is nothing today. must give thanks to them. but sad our sg esp govt too boastful now. they forget the past...
LSL investment in BCA was already long gone before the first Asian Financial crisis. He started up the bank for Mochtar Riady to run. Together, they treated the BCA deposits and assets like their own private piggy bank. BCA was a shell already before the crisis hit.
If u want to know the truth, the really rich tycoons never do this kind of thing. They are always very low key and unassuming. The nouveau riche ones from China, maybe are showboating or flashy, But their fortunes are numbers in the hundreds millions $ or low $billions, whereas the old money tycoons who have multi-billion $ fortunes never like to let people know how they spend their money. eg. Stanley Ho at the peak of his power and wealth never booked entire luxury hotels for parties even though he owns several.
Richest indo yes. But not richest Chinese. The title belongs to LKY.
looks like you've never attended a private privileged party in hk. stanley is a macau tycoon. not invited to hk parties. hk tycoons would never rub shoulders voluntarily with the nouveau riche from the prc. perhaps high officials to gain access to privileges and advantage in china, but not whipper snappers. when hk tycoons showboat, 99% of the hk populace let alone sinkies who don't even know this exist will never hear of it. hotel management will ensure word doesn't get out to the street. and it's only held at extremely exclusive hotels with very professional staff. sg and ml tycoons pale in comparison, and perhaps for good humble reasons.
I would think Stanley Ho is bad example.
Maybe he is good at hiding his assets but for someone who was known as casino king, his net worth was always not 'up there' with the big boys.....even genting boss was worth much more than him.
When he was healthier he always threw lavish parties, one notable one was a birthday bash that lasted for days where he invited all the women in his life...numbering by the proverbial bus loads.
Li Ka Shing would be an example of a low key tycoon.
The weddings of his sons were all simple affairs and he once walked out of a restaurant after looking at the menu citing prices were too expensive!
Maybe he is good at hiding his assets but for someone who was known as casino king, his net worth was always not 'up there' with the big boys.....even genting boss was worth much more than him.
When he was healthier he always threw lavish parties, one notable one was a birthday bash that lasted for days where he invited all the women in his life...numbering by the proverbial bus loads.
Li Ka Shing would be an example of a low key tycoon.
The weddings of his sons were all simple affairs and he once walked out of a restaurant after looking at the menu citing prices were too expensive!
He could vie for man in the world...fortune might rival Carlos Slim, Bill Gates and Thai King combined.
You would be surprised.
Narong Wongwan said:
First generation tycoons are typically less spendthrift than their children who have lived the good life. They live in more mundane houses unlike their children, drive normal cars (unlike their children who drive superfast cars which must demolish speed limits) and take plain teochew porridge for breakfast.
Yes heard people like Ng Teng Fong and CK Tang were known to be misers while their children live it up
Indeed. How else do you think Singapore, on the whole, is so rich? Singapore produces nothing of quality. It contributes nothing to the world economy. A rent-seeking parasite and that's about it. Which is the largest company on the SGX by market capitalisation? Singtel. And how did Singtel become such a large company? By being a parasite of the blood and sweat of dumb sinkies and an enabler of tax evasion and money laundering.
[video=youtube;MwETb7LwtPA]http://www.youtube.com/watch?v=MwETb7LwtPA[/video]
"Actually, Singapore’s success came mainly from being the money laundering center for corrupt Indonesian businessmen and government officials. Indonesia has no money. So Singapore isn’t doing well. To sustain its economy, Singapore is building casinos to attract corrupt money from China."
Mochtar Riady had a falling out (I think patched up long ago) at one time, and Riady left to form Lippo. Lippo primarily did most of its early business in HKG, whereas BCA was mostly in Indonesia.
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