JB and ZJMY Holding Co (JBZY)

[Stock Farmer]

Nice try. Wealthy people run successful businesses.

The majority of well-run companies are managed by wealthy people. Their companies made the CEO's and Presidents wealthy. The companies were successful because of their leader's vision and talents.

Wang Dequn is wealthy because his companies have made him wealthy. His (Jinbo's) companies are successful because he knows what he is doing. It's pretty simple.

Wrong in the majority of successful companies!!!

Just because someone is wealthy doesn't translate into well-run companies, not even into well capitalized companies. Just look at art collector George Economou, a Greek Billionaire who happens to run a few public Greek shipping companies...look at a 5-year chart and tell me how his personal wealth benefitted his companies.

The majority of well-run, successful companies are managed by wealthy people. Just look at some of the top 20 on Forbe's 2017 richest people in the world list and their company's stock prices:

Warren Buffet, Berkshire Hathaway - $267,377/share
Jeff Bezos, Amazon CEO - $958/share
Larry Page and Sergey Brin, Google - $926/share
Mark Zuckerberg, Facebook - $167/share
The Waltons, Walmart - $79/share
Bill Gates, Microsoft - $72/share
Larry Ellison, Oracle - $48/share

https://www.cbsnews.com/pictures/richest-people-in-world-forbes/10/