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4050 Yonge Street.The real estate tycoon in Canada

Posted on January 8, 2023

4050 Yonge Street.The real estate tycoon in Canada. In fact, there are many Chinese in Canada, and many of the rich are Chinese, including the famous real estate tycoon Xu Zhiren.Please Visit: 4050 Yonge Street to Get Your VVIP Registration Today!

Terry Hui, 49, is the richest man in Vancouver. He is the chairman of Concord Pacific, one of Canada’s largest real estate companies and worth tens of millions.

Another label of Xu Zhiren is a good friend of the Li Ka-shing family. He is also a director of Heskey Oil of Canada, which is owned by Huang, and has joined hands with Victor Li to win the downtown Vancouver area to create the Huambo Park in Canada. What many people don’t know is that Xu Zhiren’s mother was still the matchmaker of Li Zeju and his wife Wang Liqiao. When Li Zeju got married, Xu Zhiren acted as the best man.

The story of the families of Xu Zhiren and Li Ka-shing dates back to the 1980s. In the 1980s, Xu Fu, who originally opened a Changxing car shop in Jordan, Hong Kong, chose to emigrate to Canada and started a real estate development business in Vancouver.

At that time, Xu Zhiren studied physics at the University of California, Berkeley, while Victor Li also studied civil engineering at Stanford University. Li Zeju’s dormitory roommate happens to be an old friend of Hsu Chih-Jen’s, and the location of the two universities is not far apart. Hsu Chih-Jen got to know Li Zeju and had frequent contacts when he was in college. After graduation, Xu Zhiren went to Canada to meet his father to develop the real estate business.

At that time, Li Zeju, who had just graduated from Stanford University, was also arranged by his father Li Ka-shing to engage in property development in Canada, so that he could learn how to do business.

Xu Zhiren and Victor Li were also reunited smoothly in Canada. The two then partnered to set up the Grand Adex Group to develop a Regatta-HongKong apartment property in False Creek in downtown Vancouver.

In 1987, Xu Zhiren joined the Lee family company as chief executive of Taiping Union, and partnered with Victor Li to build Huambo Park. At that time, soon after arriving in Canada, Victor Li took a fancy to a piece of land in Vancouver and planned to use it for the development of high-end real estate. This piece of land is the former site of the Canadian World Expo. However, the land is so large that if it is used for real estate development, it will build a super real estate that is unique in the world.

At that time, no one expected that this gentle rich second generation should have so much courage. Victor Li brought in Xu Zhiren to jointly develop the project. Xu Zhiren was the chief executive of the company at that time. Victor Li’s project also has the support of his father. Li Ka-shing appreciates his son’s vision very much. The project uses the former site of the World Expo to develop real estate, and a lot of money has been saved on infrastructure. It is reported that the Wanbo Park project has invested 20 billion yuan, making it the largest real estate in the history of Canada. Xieping World Expo Development Company was also established in the same year in the construction of Wanbo Garden.

Many people may not know that Li Zeju’s current wife Wang Liqiao met through Xu Zhiren’s mother. In 1990, Xu Zhiren’s mother, Zhu Yuanlin, arranged a barbecue party for Li Zeju to meet his current wife, Wang Liqiao. Wang Liqiao’s father, Wang Huarui, opened a spinning factory in Hong Kong in the 1950s and 1960s and retired to Canada in the 1980s. Wang Liqiao was studying at the University of British Columbia at that time. Victor Li married in Hong Kong after dating Wang Liqiao for three years. When Victor Li married, Xu Zhiren also acted as the best man.

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