However, six months later, his second son, Pang Yafan, and grandson, Pang Zhibing, were in court over the administration of his estate.
What made the uncle and nephew become antagonistic was a will made by Yu Pengnian.
Yu Pengnian made a will before his death, to the remaining 8 billion yuan of property in his name all the way into their own charitable trusts for charitable causes, and at the same time appointed Peng Zhibing as the trustee of the estate.
And Peng Yafan expressed doubts about the authenticity of the will.
After a period of cooling off, Yu Pengnian's second son, Peng Yafan Fang, said in June 2017 that he would not contest the authenticity of the will in the future, and supported the old man's dying wish to do good deeds.
In March 2018, the court declared the will valid.
The rich man passed away, the fight for the family property often causes brothers to turn against each other, mothers and children become enemies; family and friends in harmony is really rare. The judge could not help but sigh: Yu Pengnian heritage case, showing the good side of human nature.
The goodness of Peng's children and grandchildren, all from Yu Pengnian's words and teachings. All the inheritance will be used for charity, Yu Pengnian reason is: if the children and grandchildren have the ability, naturally earn enough wealth; if the children and grandchildren are incapable, leaving money will only harm them. What's more, the wealth taken from the society should be reused for the society.
This is a wise arrangement, the tip of the iceberg of Peng Yunian's life wisdom and cultivation.
Yu Pengnian, formerly known as Peng Lishan, was born in 1922 in Lantian Town, Lianyuan, Hunan Province.
Yu Pengnian's father was a loyal and honest businessman with a friendly neighborhood. When he was young, a flood washed away the Peng family house. Neighbors could not bear to see the family displaced, and helped the Peng family to rebuild after the disaster, the Peng family through this natural disaster.
Since then, Peng's father has often told Yu Pengnian: "If you are successful in the future, you must not forget the kindness of your folks and do something good for your hometown." This sentence is like a seed, in the heart of Yu Pengnian y buried, so that in the next few decades, Yu Pengnian constantly charitable this seed took root and sprouted, and thrive.
After growing up, Yu Pengnian entered Changsha University to study business administration. After graduating, he returned home to help his parents with their business.
In 1950, the Peng family's business was in full swing. In his thirties, Yu Pengnian wanted to go out on his own, and after discussing with his family, he set off for Shanghai. At that time, the young and vigorous he swore to his family, "Go out and mix a look, do not mix a look, never go home."
The long streets of Shanghai are brightly lit. But the prosperity of Shanghai at that time has nothing to do with the young people who drifted to Shanghai. Without any background, Peng Lishan in Shanghai, only to do cleaning, handyman, salesman hard back . Relying on flexibility and hard work, Yu Pengnian gradually gained a firm foothold. Unfortunately, in 1955, the country was undergoing land reform, Yu Pengnian was falsely accused of being a "fugitive landlord" because of his once-robust family background, and was sent to jail.
In prison, Yu Pengnian tried his best to clear his name, but because he was educated and performed well, he was assigned to open and sort the prisoners' letters. These words sent to the cold prison, but every time full of deep feelings, Yu Pengnian can not help but weep. The company's main goal is to provide the best possible service to its customers," he said. "The company's goal is to provide the best possible service to its customers," he said.
Two months before the end of his three-year prison term, Yu Pangnian was favored by the Goddess of Fortune and was released from prison.
After his release, Yu Pengnian was no longer fit to stay in Shanghai. The first time I saw him, I was so excited to see him, but I didn't realize that he was not going to make it to the next level. After a few moments of thought and struggle, he went away again.
In 1958, Yu Pengnian was smuggled into Hong Kong, renamed Yu Pengnian, and started his life from scratch again.
He has been aggrieved, disappointed, and saddened by his poverty, but he has never fallen. Even if the daily wage is only a few dollars, he will save a newspaper money, looking for all the opportunities to turn around and get a foothold.
Finally, in a construction job, his resourcefulness and diligence were appreciated by his boss. The boss took him to Taiwan and financed his real estate business. Yu Pangnian learned quickly and soon earned the first bucket of gold in his life. At that time, the Hong Kong stock market had been rising for years, so Yu Pengnian invested his entire fortune in it. However, the world is unpredictable, the stock market crash in 1967, Yu Pengnian lost 20 million Hong Kong dollars.
"Money can be lost and found." Yu Pengnian said.
The failure of stock investment did not discourage him, he quickly realized that he failed in the judgment is not enough, he does not understand the stock, to which a large amount of money, obviously very irrational behavior. Yu Pengnian returned to the real estate industry. This time, with his unique vision and steady business approach, he has achieved great success in Hong Kong.
One of the classic cases is the development of Bruce Lee's former residence. Bruce Lee died suddenly at his home, and according to the Hong Kong people's concept, the house of a person who is too famous to live in. Yu Pengnian see this opportunity, from the bank loan of 700,000 Hong Kong dollars, plus their own hands of 350,000, will be more than 1,000 square meters of this mansion to buy. After redecorating the house, Yu rented it out to foreigners, earning a large amount of rent and paying off the loan. By 1996, the house was worth 70 million dollars.
"When a man is fifty years old, his career is as successful as a flower of eighteen girls. Life geometry? Should be when the opportunity to make a decision ...... if the conditions permit, should be with people, generous to help people ......" This is Yu Pengnian wrote in the "my testimonials" words.
In 1982, Yu Pengnian returned to his hometown after a long absence. Outside the fight for decades, to give back to the strong feelings of the township, has long been sublimated into a return to the hometown of a sincere heart.
Lianyuan, is the starting point of his charitable donations. Lianyuan County Hospital ambulance and supporting medical equipment; Lianyuan tornado relief money; Lianyuan City Lishan school, dam, Lishan ambulance center ...... in the medical, education-based projects, Yu Pengnian a **** donated about 15 million yuan.
In 1998, when the Yangtze River flooded, Yu Pengnian donated HK$1 million. At that time, he was raising funds to build the "Peng Nian Building", the Asian financial crisis has also affected the mobilization of funds, the hands of the donation of only 1 million Hong Kong dollars, he was also full of guilt through the TV station to apologize to the people to explain. 2003, he to fight against the SARS medical personnel to issue ***108 million yuan reward; In 2008 Wenchuan earthquake, Yu Pengnian sold Bruce Lee's former residence along with several other villas for HK$200 million, all of which was donated to the disaster area.
Every time "throw a lot of money" donations, are Yu Pengnian carefully managed to save the profits, he extraordinarily cherish these money. He said:
"No one is destined to make a fortune. In fact, most of them started with a pair of empty fists and hard work."
"However, as long as their careers are successful, they do not forget to benefit their hometowns. Every dollar is condensed with blood, sweat, and full of heartache. No one can waste and misuse it under any pretext."
Good steel is used on the knife edge, and charity should also fund key areas.
Since the 90's, Yu Pengnian began to support the cause of science and education. 1991, Yu Pengnian donated 1 million Hong Kong dollars to the Teachers' Award Foundation; 1994, donated 2 million to the Shenzhen University of scientific research funds; in 2000, the establishment of the "Pengnian Science and Technology Prize" and donated 5 million yuan; has funded the establishment of more than 400 schools in the Mainland. In 2000, he established the "Peng Nian Science and Technology Prize" and donated RMB 5 million yuan; he has subsidized the establishment of more than 400 schools in the Mainland and helped establish scholarships for more than 20 universities.
In addition to infrastructure, disaster relief and science and education, Mr. Pengnian is also very concerned about medical care. In 2003, Yu Pangnian, who had recovered from cataracts, launched the "Pangnian Brightness Action" to help cataract patients regain their eyesight, and provided patients in impoverished mountainous areas with bus fares, meals, hospitalization fees, and surgical fees.
In 1995, Yu Pangnian integrated the resources in his hands and spent 1.8 billion yuan to build a five-star hotel in the center of Luohu - Pangnian Mansion, and announced that "this building is all my real money out of the first do not pay back the loan, and the second does not owe interest. I also set aside part of the reserve funds. This building is the hen, I will all its profits permanently donated to the community, 70 years unchanged."
After rising from middle age, Yu Pengnian has persisted in his philanthropy for 35 years. He has vowed to "earn enough 10 billion, donate 10 billion." At the age of eighty, he still has to work eight to ten hours a day in order to have more money for charity. After all, people will be old, and gradually feel overwhelmed, he chose to clear the assets to the bank and his own establishment of the charity management committee management.
After the death of the old man, his children and grandchildren have said that they want to pass on the spirit of Yu Pengnian's charity, which is a more valuable legacy than the money business.
In July 2016, the Hurun Global Chinese Great Charity Report listed the living Chinese philanthropists whose charitable donations exceeded $500 million in previous years, with the most donations exceeding tens of billions of dollars in a single year. There is no shortage of familiar names like Li Ka-shing, Jack Ma and Ma Huateng.
It is true that charity is not the responsibility of entrepreneurs, and it is good to be famous, as long as it is legitimate, entrepreneurs have the right to decide where the wealth will go in accordance with their own values and wishes, and they can also ignore the pressure of public opinion from the outside world in order to avoid being involved in the unnecessary charity competition. However, as Zhang Chaoyang commented: "Solving employment is commendable, and there is no excuse for not being charitable. If the company is strong, out of funds and resources, under the supervision of the community to do some charity, that is noble; the company in the name of charity to do business, or charity is a shield to make money, that is evil."
Compared with Wang Jianlin, Ma Yun, these entrepreneurs calmly "operating" charity, Yu Lao is not the most money, not the most donations, and even, in order to get some more money to work until the age of eighty or ninety years old, he seems very "woeful". But we know that Yu Lao is the really noble, worthy of society has always remembered that person.