How did the head of Fangda Group, who once made a living as a rag picker and now has a net worth of 39.5 billion, realize the transformation?

The head of Fangda Group used to collect junk for a living, and now he is a billionaire with a net worth of 39.5 billion. During this period, he experienced a lot. From the small factory he founded at the beginning, he gradually developed into a listed company and became a billionaire.

The head of Fangda Group is called Fang Wei. When he was a child, his family was so poor that he didn't even have enough to eat. When Fang Wei was a child, he made a living by picking up junk. Sometimes his neighbors really look at them and help them. Fang Wei grew up hungry. Due to the difficult family conditions, Fang Wei dropped out of high school and went to work in a steel plant. Later, with a little savings, Fang Wei and his father started a business and set up a small factory.

Fang Wei's factories usually mainly produce screws, etc. Later, the steel industry changed and many steel mills closed down. Fang Wei and his family came to a bigger factory, and then raised money from the villagers to run the factory slowly. At first, the villagers who helped Fang Wei became shareholders of the Fang Wei factory. When the factory made a profit, Fang Wei gave them dividends, and the factory became bigger and bigger. Because Fang Wei never mistreats employees and shareholders, everyone is full of energy. In 2002, their enterprise went public. Slowly Fangda Group opened many branches all over the country, all of which went public.

Starting from 20 1 1, Fang Wei will give bonuses to employees on the spot every New Year, all in cash. In the past few years, more than $900 million in bonuses have been paid, and Fang Wei's assets are increasing. While earning money by himself, he didn't give up his charity, built roads for his hometown and built primary schools. He is a successful entrepreneur and knows how to be grateful.