Chongqing's former richest man lives in a nursing home

Release time:Apr 16, 2024 21:29 PM

On August 29th, an 85 year old man officially completed his check-in procedures at a nursing home in Chongqing. He is the former richest man in Chongqing, Yin Mingshan.

Wang Yan, who had worked as a secretary for Yin Mingshan for many years, told him that he had previously explained why he chose a nursing home.

"I have both children and a large house, and I have money to live at home and care for them. I don't have to worry about anything. But after turning 80, I gradually changed my concept of elderly care. Firstly, I can't 'take care of my children to prevent aging'. Children are raised and loved, and having children is a necessity for our love. I believe that I cannot rely on my children for elderly care. No matter how old I am, I must love my children and not cause any trouble to them." Yin Mingshan said so.

Whether to hire a nanny or go to a nursing home has been repeatedly considered by Yin Mingshan. He believes that nannies have to do laundry, cook, tidy up the house, and even seek medical treatment day and night, which is very difficult. Relatively speaking, this kind of care is not professional enough.

"Elderly care institutions have detailed and professional division of labor, and their staff are professional, so I believe that they do better than nannies' 'big responsibility'.".

Yin Mingshan stated that after entering the park, he will continue to maintain a regular lifestyle, have a moderate diet, and persist in reading, writing, playing the piano, singing, and taking walks every day. He also has a small wish, which is to start learning to play the piano after retirement and to continue learning to play the piano after moving into a nursing home.

This former richest man's life was full of ups and downs, making him a legend: he started a business in 1992 and started his own business at the age of 54, starting from making motorcycles to automobiles, from the industry to football, and then going public.

Lifan Group went public in 2011, with Yin Mingshan's family assets exceeding 11 billion yuan, making him the richest person in Chongqing.

Lifan's Waterloo originated from cross-border automobiles.

After entering the new energy vehicle market on a large scale, the company's problems began to gradually emerge: the shortcomings of family style management were highlighted, professional managers made multiple mistakes in their choices, insufficient technological research and development, and rapid changes in the industrial market... The debt crisis of Lifan gradually intensified, and it was ultimately difficult to sustain.

In the three years since Geely Automobile took over after judicial restructuring, the Yin Mingshan family has gradually faded from the Lifan system.

The bankruptcy and reorganization of Lifan Group did not happen, and the plot of expecting the founder to make a comeback did not occur. After the old man moved into a nursing home, the outside world realized that he had really retired this time.

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