how did the song family gather wealth?
1. Make a fortune: Song Yaoru started as a printing factory at first, and then became a comprador, serving as the general manager of Fufeng Flour's foreign business, the first mechanical flour mill in China, with a generous salary and equity.
2. Collecting money: manipulating the financial market by taking advantage of government positions; Government loans go into personal pockets; All the donated materials were sold on the black market by him.
3. Transfer of assets: Around 1944, Song Ailing and Song Ziwen began to gradually transfer their assets overseas. By 1944, Song Ziwen had $47 million in property in the United States alone.