In 1989, Yoshiaki Tsutsumi became the richest man in Japan, and even the world, with a net worth of $160 billion.
25% of Wanjiang Real Estate's properties were taken over by the Seibu Group.
"Chairman, Wanjiang Real Estate has almost completely withdrawn from the Japanese real estate market!" Secretary Kota Yokouchi said excitedly. "Without the competition from Wanjiang Real Estate, our Seibu Group will be able to grab a larger share of the Tokyo real estate market!"
Previously, Seibu Group's biggest competitor in Tokyo, Japan, was Wanjiang Real Estate.
Before Wanjiang Real Estate withdrew from Tokyo, Seibu Group was the second largest real estate company in Tokyo.
Ti Yiming felt somewhat melancholy. Logically, he should be happier that his competitor had left, but he always had a vague feeling that something was wrong.
Wanjiang Real Estate's decision to sell off its Tokyo properties despite the booming Japanese real estate market is somewhat unusual.
Is there a real estate bubble in Japan?
Of course.
Everyone knows this.
However, Yoshiaki believes that with the Japanese real estate market so strong, even if there is a real estate bubble, it won't burst at this time.
Currently, the Seibu Group is expanding at a frenzied pace, with no end in sight; it can only keep charging forward.
"Boss, look at the Forbes Billionaires List! You're number one in the world with $160 billion! As for Zhao Ye, the boss of Wujiang Group, due to insufficient data, the statistics are unclear. Forbes conservatively estimates his net worth at only $100 billion!"
Yoshiaki Tei didn't pay much attention to the Forbes Rich List. His current high net worth is mainly due to the high housing prices in Japan.
In terms of influence and cash, Ti Yiming believes he can't even come close to Zhao Ye.
Ti Yiming still had self-awareness.
The real richest person in the world should be Zhao Ye.
Wujiang Group is so profitable and has launched so many best-selling products worldwide, which is something that Seibu Group cannot compare to.
Just as Ti Yiming was still wondering why Wanjiang Real Estate had made the decision to withdraw from Tokyo, his assistant suddenly received a message and told him, which made Ti Yiming suddenly understand...
Shanghai, China.
Zhao Ye arrived at the municipal government and soon met with the secretary, the mayor, and others.
It was almost 1990, and the Shanghai government should have already had plans to develop Pudong.
However, there is a problem right now.
Wujiang Group has bought up the land in Lujiazui and a lot of land in the surrounding area.
Wujiang Group is a star enterprise in Shanghai and an important part of the city's pillar economy, so it cannot be touched lightly. However, the area around Lujiazui is full of one- or two-story factories, which is really not aesthetically pleasing and does not reflect the grandeur of Shanghai as an international metropolis.
Yesterday, Secretary Liu Hai called Zhao Ye to tentatively inquire whether Wujiang Factory could be moved to another district in Shanghai.
To Secretary Liu Hai's surprise, Zhao Ye readily agreed.
Today, Zhao Ye, representing Wujiang Group, negotiated with the government, mainly discussing two issues: where to relocate the Shanghai Wujiang factory and how to develop the original Lujiazui area.
Zhao Ye exchanged brief pleasantries with the leaders, and then everyone went to the conference room together.
After everyone was seated, Secretary Liu spoke first: "Xiao Zhao, the government intends to develop the Pudong New Area. As you know, Lujiazui is located in almost the best area of Pudong. It would be such a waste to use such a location for factories!"
Zhao Ye smiled and nodded in agreement, saying, "Secretary Liu is right. That's why I thought about it for a long time yesterday and finally decided to move the Shanghai Wujiang factory to another place and use the freed-up land for commercial development."
Zhao Ye's tone softened, and he sighed, "Wujiang Group still doesn't have its own headquarters building, which seems rather meager compared to other Fortune 500 companies. Therefore, I plan to have Wanjiang Real Estate build Wujiang Group's headquarters building in Lujiazui, and also construct a batch of high-rise buildings to lease to other companies. I plan to develop Lujiazui into Shanghai's international financial center, where there will be many landmark buildings..."
At that moment, countless skyscrapers flashed through Zhao Ye's mind, such as the Shanghai Tower, the Shanghai World Financial Center, and the Petronas Twin Towers in Kuala Lumpur...
What Zhao Ye wanted most were Dubai's amazing buildings, such as the Burj Khalifa, the Burj Al Arab, the Dubai Diamond Ring Hotel, the Anara Wind Turbine Building, and so on.
The thought of putting all these buildings in Lujiazui filled Zhao Ye with barely suppressed excitement.
How awesome Lujiazui will be then!
P.S.: I haven't been feeling well these past couple of days, and I'm a little dizzy. I'm going to rest early, and I'll update more tomorrow if I feel better.
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