The fortune of Xu Jiayin

Xu Jiayin is a Chinese businessman, chairman of Evergrande Group, the second biggest Chinese real estate developer. Evergrande's debt to equity ratio peaked at over 170% in 2011. It was over 150% at the end of 2015. It is higher than most Chinese listed real estate companies. Its most recent acquisitions are from Hong Kong-based New World Development. According to Forbes, Xu has a net worth of US$10.1 billion, as of April 2016.

Xu is also the boss of football club Guangzhou Evergrande F.C. He brought it in 2010 and invested heavily, and under Marcello Lippi they won the 2013 AFC Champions League.

I said it previously that the fate of individual can reflect fate of society.  For example, the fate of Chinese merchants can reflect the policy change of China. Because Chinese merchants and government are deeply connected.

Xu is especially connected with the government. He was a born villager, and he becomes a tycoon all because he works as an agent of Chinese high official. For example: Marcello Lippi becomes the manager of China national football team in 2016, and his huge wage is paid by Guangzhou Evergrande football club. Why a club paid for the national team? Because Evergrande group is not a private company. Some government officials are the real boss hiding behind the curtain. They will to get rid of Xu as soon as he has finished his work. But when will it happen? Let’s find out.

Xu Jiayin born 1958/10/9

Pirate	Collector	Ego	Slaughter
5	9	6	2
(11)	(11)	(8)	(12)
Pirate	Pirate	Comrade	Collector

Gambler	Judge	Slaughter	Guardian	Owl	Pirate	Comrade
10	1	2	3	4	5	6
(12)	(1)	(2)	(3)	(4)	(5)	(6)
10	20	30	40	50	60	70
1968	1978	1988	1998	2008	2018	2028

Obviously, Xu has too much Earth and Water-Wood serves as favor. In another word, he is an overall strong with Slaughter as favor. Usually, Money is the signature character for businessmen. But in China, most business tycoons have Slaughter structure. Because doing business in China is like fighting a war. Like our previous example, Jack Ma, Xu Jiayin also has Wood as favor. Jack Ma’s golden fortune is (3) and (4) because they are roots of Wood. So what is the best time for Xu Jiayin? Of course, it is (3) and (4) fortunes as well. Xu Jiayin founded Evergrande Group in 1996, and his success is actually since 1998: in that year, he finished and sold 13 buildings. Since 2008 Xu entered (4) fortune. (12)(4)(8) formed a full merge to Wood as favor, that is the best situation possible. In the second year of the (4) fortune which was 2009, Evergrande was listed in the stock market, which made Xu the richest person in China.

Let’s answer the question: how many years will he keep smiling? Unfortunately, the answer is only one. He will walk into Earth fortune 2018. Although Xu is on the peak of his success on the appearance, it is the time to prepare for the worst.