jmar706003z :
The story of the Prince of Bạc Liêu is a textbook example of how a colossal fortune, built by one generation, can be completely destroyed by the next. His father, Hội đồng Trần Trinh Trạch, was a self-made tycoon who built a massive empire . The Prince (Trần Trinh Huy), however, was a legendary spender who squandered almost all of it within his lifetime, leaving his descendants in poverty .
📈 The Builder: Trần Trinh Trạch's Vast Empire
The Prince's father started with nothing. He worked as a clerk, married the daughter of a wealthy landowner, and used his knowledge of the law to amass a staggering fortune .
· Landholdings: At its peak, Hội đồng Trạch owned an incredible 145,000 hectares of land, which was nearly one-seventh of all the farmland in the Cochinchina region . This included 110,000 hectares of rice fields and nearly 100,000 hectares of salt fields . To put that in perspective, records show that out of 13 salt fields in the entire Bạc Liêu province, his family owned 11 .
· Financial Power: In 1927, he was the chairman and a co-founder of the first-ever Vietnamese-owned private bank, the Ngân hàng Việt Nam .
· Other Assets: He also owned multiple rows of townhouses in Bạc Liêu and Sài Gòn, making him one of the "Tứ đại phú hộ" (the four great tycoons) of the South .
2026-08-10 13:20:42