Ly Trach Cu - Billionaire "lives hard" despite the richest father in Hong Kong and the shocking kidnapping case

Hong Kong people have a famous saying: "In Hong Kong, there are two things that cannot be doubted, one is the property of Ly Gia Thanh, the other is the beauty of Ly Gia Han".

That is enough to understand how rich Ly Gia Thanh is. Everyone thinks that Ly Gia Thanh's son can live happily like a king, but the truth is that his son - Ly Trach Cu has to work very hard and go through many hardships to inherit his career. dad.

Son of the richest billionaire in Hong Kong but not having fun

Born on August 1, 1964, Ly Trach Cu attended St. Paul College in Hong Kong, obtained a Bachelor's degree in Civil Engineering from Stanford University in California in 1985. His father, billionaire Ly Gia Thanh is a of the richest people in the world. "Superman" surnamed Ly has single-handedly built a huge Cheung Kong empire worth billions of dollars. According to Bloomberg statistics, Ly Gia Thanh is the second richest person in Asia after billionaire Jack Ma. But that also creates many dangers and his son Victor Li is the victim.

In 1985, when he was only 21 years old, Ly Trach Ju started participating in the family business. His youth did not appear shiny supercars, luxurious outings or wild parties, Ly Trach Cu completely focused on work and had to start from a lowly employee. Ly Trach Ju used to work all night, sleep next to the fax machine in the office and was ready to receive orders in a row because Mr. Ly Gia Thanh could assign work to his children at any time, even in the middle of the night. Billionaire Li worked 16 hours a day until he was 80 years old, so he wants his son to do the same.

In 1990, Ly Trach Cu started working directly for his father at Cheung Kong's central office. In 1996, Ly Trach Cu was appointed Chairman of CKI - the core business of the family. Ly Gia Thanh had two sons, but in the end he put his trust in Ly Trach Cu. In 2012, Ly Gia Thanh announced that Ly Trach Ju would be the one to take over his billion-dollar business empire. But it was not until March 16, 2018, that Ly Gia Thanh officially announced his retirement, giving leadership to his son.

In an interview, Ly Gia Thanh said that people should not worry about succession issues, because Ly Trach Cu has accompanied him in the business journey for many years and almost took care of the business of the corporation. for quite a long time.

And rightly so, Ly Trach Cu is increasingly asserting the role of the family's heir. Under the management of Ly Trach Cu, CK Hutchison Holdings has grown exponentially, maintaining its position as the dominant enterprise in Hong Kong. It can be said that the lessons of "lying thorns tasting honey" that he was taught by his father for more than 20 years have been effective. Ly Trach Cu is married and has 4 children: 3 daughters and 1 son. However, the information about his own family is very mysterious.

Escape thanks to father keeping his faith

On May 23, 1996, Ly Trach Cu finished his work day, got in the car and returned home on Deep Water Bay when an armed gang armed with two AK-47 guns, 7 pistols, and bulletproof vests arrived. , used force to kidnap him. Immediately after, he was tied hands and feet, eyes covered with duct tape. They said that he would be arrested for one night and would soon be released tomorrow.

After that, the group of kidnappers boldly demanded that billionaire Ly Gia Thanh spend 2 billion Hong Kong dollars (nearly 6,000 billion VND) to redeem his son. In front of his son's life "thousands of pounds hanging hair", Ly Gia Thanh showed the bravery of a respectable tycoon. He agreed to give the money, but at that time there was only 1.38 billion dollars (more than 4,000 billion VND) in cash. The billionaire asked to go out to withdraw money, fearing that he would report to the police, the criminal group agreed to only take this money and then release the hostages.

It was not until later when the incident was over that the police learned of the case and conducted an investigation. The culprit is none other than Big Spender, whose real name is Truong Tu Cuong, a tycoon in the underworld - famous throughout Hong Kong for his daring thefts over the years.

Later, billionaire Ly Gia Thanh once told reporters detailed sharing about his eldest son, Ly Trach Cu, was kidnapped by Truong Tu Cuong. The content of the exchange was as follows: After this group "single code" came to the Ly family to demand a ransom of 2 billion HKD Mr. Ly Gia Thanh heard their request immediately agreed but also told The other party: "Current cash at my house is only 1 billion HKD, if you want, I can go to the bank to withdraw enough for you". Before the calm of Mr. Ly Gia Thanh, Truong Tu Cuong and his juniors were all very surprised. Truong Tu Cuong then asked Mr. Li: "How can you be so calm?"

Mr. Ly Gia Thanh replied: "Because I was wrong this time! In Hong Kong, we are famous and have such a high status. But I don't know how to protect myself. For example, I When I go to golf, I usually drive out of the house at 5 a.m. At times like that, anyone can block the road and kidnap me, but I didn't have any precautions, I should have been careful. be more careful".

Mr. Ly Gia Thanh also told reporters that at that time he also advised Truong Tu Cuong: "You have so much money, your children and grandchildren's lives are enough, run away and change yourself as a person. good. If you keep messing around like this, no one will help you!".

Interestingly, Truong Tu Cuong later called him on the phone, at that time he asked Truong Tu Cuong: "Why are you still calling me? Truong Tu Cuong said on the phone: "Mr. I'm a gambler, so I've lost all my money. Can you show me how to invest safely?"

Mr. Ly replied: "I can only teach you to be a good person, and if you want me to teach you anything else, I have nothing to say. You only have one way right now is to run high, run far away, or else Your ending will be very sad!".

When the reporter asked why he didn't call the police. Mr. Ly replied: "At that time, I also negotiated with Truong Tu Cuong with good results, so I did not report it to the police, so I also decided not to report it to the police later." He also said: "Keeping faith is my second life!".

The reporter asked him again: "So, do you hate Truong Tu Cuong? Mr. Ly Gia Thanh replied: "If you have a physical overdraft, you just need to rest and you will recover! If you overdraft money, you just need to expand your income and save your spending, it will make up for it! But if you overdraft your credit and honor, no matter how much effort and money you exchange, you can't get it back!".

Truong Tu Cuong, stepped into the underworld from a young age and by the age of 16, he quickly built himself a criminal empire, gathered under the command of henchmen willing to do anything for money. Tu Cuong's name became famous throughout Hong Kong in 1990, when he joined hands with Yip Kai-foon to rob a Rolex delivery van, robbing money and gold from jewelers with a total value of nearly 200 million. Hong Kong Dollar.

After the kidnapping of Ly Trach Cu, Truong Tu Cuong continued to kidnap real estate billionaire Walter Kwok and collected another 600 million Hong Kong dollars. The huge amount of money that Truong Tu Cuong earns from his crimes is not enough to support his habit of spending money like garbage. His relatives and friends shared that he was also a gambler, regularly participating in the largest casinos in Hong Kong and once burned 2 million Hong Kong dollars into the casino in just one night. .

In 1998, Zhang Ziqiang was arrested in Guangdong along with 17 gangsters. They quickly appeared in court on charges of murder, kidnapping, robbery, and smuggling of explosives and were sentenced to death. On December 5, 1998, Truong Tu Cuong was executed in Guangdong, at the age of 43, ending the existence of a notorious criminal empire that made many Hong Kong billionaires sleepless because of fear for many years.

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