Original title: climb the high branch of Joseph Lau, become a billionaire at the age of 27, but finally "fall to death" can not turn around source: Tencent News

Big Liu is a nickname for Joseph Lau in Hong Kong. he started his career by making ceiling fans in his early years and became rich in real estate. He is a "philatelic enthusiast" who is fond of female stars, luxury cars and antiques. She had a close relationship with Michelle Reis, who married into a wealthy family after "the most beautiful Hong Kong Sister". In addition, Cai Shaofen and Guan Zhilin were also one of Lau Luanxiong's philatelic books. As the saying goes, a good horse with a good saddle, he even spent 40 million Hong Kong dollars on 20 special license plates. There was such a man who was promoted by Joseph Lau and his family became rich. He became a billionaire in his twenties, and even Stephen Chow was his guest.

At first, Luo Zhaohui was just a citizen of the city. because of his poor family, he dropped out of school and worked at the age of 14. He could do anything as long as he could get a bite to eat. He speaks broken English to attract foreign clients for prostitutes, has done sales promotion and worked as a handyman to run errands.

Later, he did real estate sales, and at that time there was no shortage of houses in Hong Kong. With the delight of buyers who had been eloquent in society for many years, the performance naturally continued to climb. Subsequently, the company promoted him to the "luxury sales department". He was introduced to Joseph Lau, a super-rich in Hong Kong, and in order to please him, he made a big gamble and bought antiques for more than NT $200,000 of his belongings. His salary at that time was only HK $3,000 a month.

His desperate gamble attracted the attention of Big Liu, who said, "call him for dinner next time." Later, through Big Liu, Luo Zhaohui also met celebrities such as Chow Tai Fook Jewellery's boss Zheng Yutong, Yang Shoucheng of Emperor Entertainment and famous actor Zhou Xingchi. As he became more well-connected, he founded the Huangjue Group in 1988 to handle the real estate business for these bosses. At this time, he also had a taste of speculation in real estate and shops for the first time, and made a crazy profit of HK $7 million in the first year.

In 1991, Zheng Yutong's Chungking Mansion caught fire and wanted to sell. With the guidance and support of Joseph Lau, he bought Chungking Mansion, which is popular because of Wong Kar-wai's film, for 140 million, renamed it Italian French Square with 20 million yuan, and made a huge profit of 540 million yuan after changing hands. This quadrupled profit has made Law Zhaohui's reputation in the real estate industry completely resounding, and he has also become active in the upper class of Hong Kong.

When he acquired Dongfanghong Group in 1994, Luo Zhaohui gained one more identity: the boss of a listed company. Luo Zhaohui, who is less than 30 years old, already has hundreds of millions of assets and ranks among the rich. "eating and thinking about lust" is really a portrayal of Luo Zhaohui, who began to emulate the extravagant life of his guide, Liu. Liu Luanxiong likes female stars, and he also collects stamps. According to people familiar with the matter, he once paid 500000 Hong Kong dollars to raise Hong Kong actress Yuen Annie every month and gave a BMW to supermodel Mak Ka-Kei, claiming to be just a friend, and Carina Lau was his ex-girlfriend.

His generosity has attracted the embrace of many female stars, of which the one who has been entangled for the longest time is Sun Jiajun, who starred in Zhou Xingchi's "ever-changing Star King". In addition to women, Da Liu likes to buy license plates, and he also bought license plate No. 71 for 4 million. Every aspect of the parody followed Da Liu's "configuration". Due to his weak foundation, he finally had an accident.

It was a magic weapon for him to move from a poor boy to a rich man after death, but it was also a fatal blow to his decline. Relying on real estate speculation families to get rich, although Luo Zhaohui is rich, he is also a "negative" tycoon, and his company has 2 billion in debt. The real estate bubble crisis in Hong Kong in 1997 wiped more than $1 billion off the market capitalization of Lo Zhaohui. After he got into trouble, he began to invest in a panic, and in spite of Joseph Lau's dissuasion, he bought a real estate company called International Dexiang.

Unexpectedly, in October 1997, the financial turmoil swept the world, the Hong Kong stock market and the property market fell again and again, and Law Zhaohui's capital chain was completely broken. He was forced to sell the International Dexiang Real Estate Company and Dongfanghong Company cheaply to the "Shell King" Chen Guoqiang, but he was still unable to repay the bank debt and finally declared bankruptcy with a debt of 300 million.

The thrill of returning to the poor boy overnight drove him into madness. He lingered in the casino and kept talking about "making a comeback", losing all his last money. Once surrounded by reporters, he has become a declining poor boy who is now ignored. According to relevant reports, in order to regain attention, he took the initiative to talk to reporters and spoke amazingly, at the expense of exposing his past with female stars and the privacy of his rich friends. At this time, Luo Zhaohui, unjust and unsupportive, became a street rat that everyone avoided. He has an abscess the size of an egg under his jaw and has been ridiculed as a "poison of the century".

After bankruptcy, he kept selling anything that could be exchanged for money, and when he was making a comeback, he died suddenly in a law firm in Dongguan in 2011, when he was handling the transfer of real estate.

According to relevant reports, in his early years, he gave an antique calligraphy and painting to a rich friend. In 2011, the tycoon returned the calligraphy and painting. Luo Zhaohui sold the calligraphy and painting for 7 million yuan in cash, intending to use the life-saving money as money to "make a comeback." he bought another property in the mainland to speculate in real estate, which eventually failed and died of a heart attack on the day the property was transferred.

It is also said that this calligraphy and painting is the antique he gave to Da Liu. For many years, Da Liu silently wanted to give him another hand, but he failed to seize the opportunity when he was already crazy. This calligraphy and painting witnessed his prosperity and decline.