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Chen Songxiong: The Controversial Life Of The Richest Chinese American

2010/9/18 15:37:00 48

The world's richest couple Bill Gate and "stock god" Warren Buffett have mobilized the super rich men of the United States to publicly commit themselves to donate at least half of the property's "charity oath" action, which is in full swing.

Among the first responds to the 40 billionaires, there was a Chinese couple.

They are the richest man in California, Chen Songxiong and his wife, who are known for their invention of cancer.

According to the Losangeles business week, Chen Songxiong's net assets are as high as 7 billion 100 million dollars.

He decided to donate half of his property.

Good deeds

It has promoted the positive image of Chinese in American society, and has aroused a sensation in the Chinese society that attaches importance to family wealth inheritance.

However, people did not use the praise of "one-sided" when evaluating Chen Songxiong.

Because he has always been a controversial figure.

While he created wealth with knowledge, he had never stopped criticizing him for breaking bridges and cheating.

A gamble wins respect.

In an interview with the media, Chen Songxiong once said that he and his wife grew up in South Africa and had experienced the unequal treatment of apartheid. After living in the United States for 30 years, they also saw unequal medical services, hoping to improve the medical environment and benefit more people through good deeds.

As a Chinese, Chen Songxiong decided to donate half of his property and had a lot to do with his personal experience.

Chen Songxiong was born in South Africa in 1952.

His father, a village doctor in southern China, emigrated to South Africa during World War II to escape the flames of war.

There are nine sons and one daughter in Chen family, and Chen Songxiong is ranked sixth.

The family's eyes and ears made him determined to become a doctor when he was very young.

At the age of 23, he received a doctorate in medicine from University of Witwatersrand in South Africa, and his graduate degree ranked fourth among the 1** students in the whole school.

Because of his excellent performance, Chen Songxiong was recommended by the dean of the Department and entered the time.

South Africa

One of the best hospitals, Johannesburg general hospital.

In apartheid, South Africa, he was the only non white intern in the whole white hospital.

As a surgeon, Chen Songxiong is no less business than his colleagues.

But as a yellow race, he is still squeezed out by the white dominated South African medical community.

During the Johannesburg general hospital, his monthly salary was only half that of his white colleagues (about $1000), and some white patients even refused to accept his treatment.

After completing his internship at Johannesburg general hospital, Chen Songxiong married Michel Chen, who had been in love with her for many years.

Michel's dream is to become an actor.

But at that time in South Africa, a Chinese girl wanted to be an actress, which was no less difficult than becoming a professional doctor.

So, these two young people who like to face the challenge and face the challenge are determined to seek greater development in North America.

This became the first turning point of Chen Songxiong's career.

In Vancouver, Canada, Chen Songxiong became a surgeon in a hospital.

He soon showed his self-confidence and even conceit in character.

This is the source of his controversial character in the future.

At the time, a professor did not believe that Chen Songxiong's qualification could successfully remove two grapefruit size tumors without breaking the tumor.

Chen Songxiong was so angry that he immediately bet on the professor's beautiful walnut wood table.

As a result, after careful preparation, Chen Songxiong successfully completed the operation and won the walnut wood table home.

The gamble made the old professor lose face, but it made Chen Songxiong popular.

In 1980, he pferred to the University of California at Los Angeles School of medicine.

The heavy walnut wood table was one of the two pieces of furniture that the couple took away.

I was fired two times.

In the United States, Chen Songxiong first devoted himself to diabetes research.

Michel Ladze wishes to become an actor in Hollywood.

With his wife's financial support, Chen Songxiong applied for unpaid leave, concentrating on the pplantation of pancreatic cells.

In 1983, he became a professor at University of California at Los Angeles School of medicine.

At the age of 34, he hosted the first pancreas pplant in the hospital, saving the lives of a diabetic woman.

As an intellectual who is not satisfied with the status quo, Chen Songxiong is eager to pform his research achievements into commodities.

In 1991, he bid farewell to the ivory tower, and with the help of his elder brother, he launched a VivoRx diabetic diabetes company to study the difficult problem of islet pplantation that the medical community was unable to achieve at the time.

In 1993,

Patrick Soon-Shiong

For the first time, diabetes therapy was applied to human trials, and a pancreas pplant was successfully carried out on a diabetic patient, so that a patient who had been injected with insulin for 30 years was free from the pain.

This became a sensational news at that time.

But a few months later, the patient's pplant cells stopped working and had to resume insulin injection.

This has become the reason why many scientists accused him of "exaggerating medical research results and falsification".

But this limited operation is the beginning of Chen Songxiong's pformation from a surgeon and a scientist to an entrepreneur.

Malan, a big businessman, was very interested in his research and offered to invest $5 million in VivoRx.

But at this time, Chen Songxiong's interest has shifted to cancer research.

He set up A Boris biotechnology company to study the paclitaxel nano preparations of cancer fighting substances, thus burying his seeds of conflict with two investors.

His brother and Malan fired him twice and charged him to illegally pfer VivoRx's research funds to A Boris biotech company, calling it "betrayal, arrogance, greed, self inflating and great losses to the company".

Chen Songxiong denied the allegations and even denied that the elder brother had invested him.

In the end, Chen Songxiong and big brother parted.

From then on, in an interview with the media, he never wished to talk about the history of his brother, but that his brother could never work together again.

But none of this has stopped Chen Songxiong's determination to study anti-cancer substances.

At that time, taxol was the best-selling cancer treatment in the world, but there were some weaknesses, such as low efficiency and side effects.

Chen Songxiong tackled these weaknesses and worked hard to break through.

In 2005, A Boris bioscience company, which had been developing the paclitaxel nano preparations for 10 years, was approved by the food and Drug Administration of the United States for the treatment of breast cancer.

This is the first approved solvent-free taxane chemotherapy in the world. Its efficiency is nearly twice that of taxol, and its side effects are even smaller.

In addition to paclitaxel nanoparticles, Chen Songxiong has more than 50 patents in the United States.

In 2008, before the financial crisis came, Chen Songxiong decisively sold the United States' * * partnership company, founded in 1997, to Fresenius, a German medical giant, at a price of 4 billion 600 million US dollars.

In 2009, he sold his A Boris biotech company, which had 80% shares, at a price of 2 billion 900 million US dollars.

The two pactions made Chen Songxiong's total assets soar.

In the 2010 Forbes rich list, he ranked sixtieth, ranking first among wealthy Chinese businessmen.

Now, Chen Songxiong intends to create a new company to develop humanized products based on individual genes.

In his view, this represents the most advanced trend in current medical research.

A high-profile invasion of Philanthropy

In recent years, Chen Songxiong has become more and more high-profile in philanthropy.

He and his wife have family foundations and have donated $135 million to the Saint John hospital in Losangeles.

A few days ago, he provided $100 million guarantee to help restart the Martin Ruud Kim hospital in southern Losangeles, which was closed due to medical errors in 2007.

In addition, he is a strong supporter of Losangeles's art and cultural activities and regularly subscribes to the Losangeles opera house.

Just as people were pleased with Chen Songxiong's "good deeds", he made another complaint.

According to the United States' World Journal, Chen Songxiong bought a 1.2 hectare land near brandu estate in Losangeles 4 years ago, and is now building a mansion.

It is reported that Chen Songxiong's purchase of real estate is equivalent to the size of 3 football fields, surrounded by wire nets outside the site, and monitors and security guards at the door.

During the construction period, the construction vehicle was able to plug the narrow road at the entrance, and the asphalt road was covered with yellow mud. At noon, there was a mobile dining car to do business; neighbors had to endure the flying dust every day.

The neighbors' dissatisfaction is more than that. A resident near the site said in an interview that Chen Songxiong was very unfriendly and built a mansion here. He never greeted his neighbors.

Chen Songxiong did not care about all kinds of criticism.

He doesn't think he is a very independent person, but he admits he likes to be noticed.

In fact, in the American society advocating individual struggle, it is not important for people to argue about Chen Songxiong. Most importantly, with the coming of wealth, he is willing to work for charity.

This is one of the founding fathers of modern philanthropy in the United States, Rockefeller's famous saying: "the best way to get everything and give it to all" is the way of wealth dissipation: to give back to society for wealth and benevolence.