Chapter 704 Forbes Rich List
These companies invested in Silicon Valley are still following the old pattern since March and developing steadily.
Whether it is the money from Yanwen Group’s listing and financing last year, or the money raised by Silicon Valley, it has not been used up for the time being.
They plan carefully under Su Yehao’s behest.
While filling the holes with profits, only a small amount of principal is used each time, and it should be no problem until the middle of next year or even the end of the year.
It wasn’t that Su Yehao was reluctant to spend money.
The main reason is that the market size is so large, and it is necessary to set aside time to wait for the increase in the number of netizens, so there is no need to waste it for the time being.
In addition, only half a year has passed since the fall, and other powerful peers still have remaining funds to support them, far from exhausted.
Therefore, it is still too early to expand through mergers and the like, and there is no need to spend a lot of money.
If an opportunity arises.
Su Yehao was able to transfer funds at any time to help with bottom hunting. Currently, there are more than two billion dollars in cash in his account. The bank has also given a very high line of credit, and the flow of funds is particularly abundant.
In this situation, he naturally leisurely, sitting firmly on the Diaoyutai.
All he needs to do now is to wait patiently for the end of the cold winter period, during which there are projects such as building construction, asset management, and foundry for him to kill time.
It seems that there is no way to make as much profit as in previous years, but the fact is that other funds have withdrawn, which has left him a valuable development opportunity to lay a solid foundation.
such as the mainland.
A bunch of Silicon Valley giants are too busy to take care of themselves. Although they have also tried to expand in the mainland, the investment efforts are not too large, so Su Yehao’s business map is very solid.
Not to mention in the field of foundry, a group of European and American companies have gradually fallen into the predicament of a shortage of funds, and they have begun to consider splitting the production department and handing over orders to foundries to help them complete.
After all, at least hundreds of millions of dollars are invested in building a production plant, and machine depreciation, human resources, and time costs must be taken into account. It is obviously easier than outsourcing to find someone to be responsible for the production process.
Take these together.
Su Yehao’s judgment on the current situation is far more optimistic than other peers. Instead, he hopes that the market will continue to fall to the bottom and make some quick money by shorting.
Especially for Apple and Amazon, the two companies he is eyeing, the lower the stock price, the less the cost of bottom-hunting in the future.
One with a mature hardware R&D department and an independent operating system, a Walmart supermarket like an online version, has obvious advantages…
On the day he returned to Silicon Valley, Su Yehao already wanted to return to Hong Kong City.
However, before leaving, there was still some unfinished business, so I took the time to make an interview with someone from Forbes Magazine.
After a short break of more than half an hour, several reporters appeared at his home.
This efficiency startled Su Yehao, and he couldn’t help but ask: “Why did you “Forbes open a branch in Silicon Valley? Why did it come so quickly? I thought it would have to wait until tomorrow.”
The reporter in charge of the interview was a **** blonde with blue eyes. I don’t know if it was intentional or not, but he unbuttoned three buttons, and a touch of purple was looming.
American men like plump women, but Su Yehao didn’t like it. He glanced back and invited them in.
The female reporter stretched out her hand and introduced herself:
“You can call me Yin Fanna. Today is just a coincidence. We just finished interviewing Oracle’s CEO Larry Ellison. We were planning to stay in Silicon Valley and return to New York after your interview.”
“Mr. Larry Ellison, has his value dropped this year?”
The new issue of Forbes’ list of the world’s 500 richest people has not yet been released, and Su Yehao’s name is also on it, so I pay more attention to news in this regard.
Female reporter Yin Fanna shook her head and replied:
“Oracle’s current market value is almost the same as last year at this time, so he is still the second richest person in the world. According to my estimate, he has about 28 billion US dollars. At the most in February, he already owned more than 40 billion US dollars. Worth, I thought he was the most promising person to surpass Bill Gates, but unfortunately, you know, the stock market crash happened.”
“So Bill Gates is still the richest man in the world, right? How much can I rank this year?” Su Yehao asked with interest.
“Yes, he is still the richest man. As for your ranking, it depends on how willing you are to cooperate with us. I mean that many rich people like you are unwilling to disclose the specific total wealth, which leads to deviations in the evaluation. If Su You’re willing to help us with statistics, and the rankings should improve.”
Worrying about Su Yehao’s misunderstanding, Yin Fanna sat opposite Su Yehao with her legs crossed, and added: “When we can’t count their specific assets, we often make estimates based on apparent wealth, and it is normal to have an underestimation of 10% to 20%, which will affect the ranking results.”
Su Yehao understood, and replied with a smile:
“No problem, my wealth is taxed on time, and there is no illegal business involved. Even if the real figures are published, it will only make banks and investors value me.”
Having money is a well-known fact, even if you hide it, it doesn’t have much impact.
Considering that sssss asset management company is busy raising funds.
If the position of the richest man in Hong Kong City or even the richest man in Asia is firmly established, it will inevitably cause a lot of hype in the domestic media, which is equivalent to asking them to help with publicity for free. The effect may be better than spending 50 million RMB in advertising.
The reason why the process of raising funds by 5S Asset Management is so smooth is not because of the titles of “earning 10 billion US dollars in three years”, “Asian Small Stock God”, “Blood on Wall Street”, etc. The gimmick of personal trading has successfully attracted countless investors.
In recent days, Su Yehao has paid the most attention to the fundraising activities of 5S asset management.
Yin Fanna covered her mouth and laughed, and in the name of deleting the question papers, she came to talk with him.
The old butler who came to deliver tea was not surprised.
In recent days, in addition to the group of people who came to seek funds, there were also a group of fashionable girls at the door. Some people ran in the morning, some people walked their dogs, and some beautiful neighbors suddenly held a party~www.readmtl.com~ personally sent the invitation letter When we got here, we called Su Yehao to participate.
An unmarried member of the Ten Billionaires Club, who is young and handsome, will inevitably become the “prey” in the eyes of the girls. They are much bolder and more proactive than the Gangcheng girls.
Regarding Yin Fanna’s behavior of sitting next to her, Su Yehao only felt that her perfume smell was too strong.
Assets are assets, and net worth is another matter.
Regardless of the Kai Tak Cyberport or the many assets in the mainland, there are banks behind them that provide a lot of loans. After offsetting them with liabilities, there is not much left.
The most valuable things in his hands now are the Yanwen Group shares and Google shares, and the rest is the cash in the account.
As for those Internet companies in the mainland, the total valuation adds up to only US$6.7 billion.
If it is listed on the market, it is likely to rise to about US$2 billion by hyping the concept of the mainland Internet. However, after all, it has not been listed, and the real market value data cannot be calculated for the time being.
After Yin Fanna heard about it, she called and asked the editor-in-chief, and learned that with a total worth of 14 billion US dollars, it is a bit difficult to enter the top ten, but there is hope to rank 12th, or even 11th.
no way.
In the top ten, Wal-Mart’s heirs occupy five places, with a total worth around $17 billion.
The opponent who directly competes with Su Yehao is SoftBank’s Masayoshi Son.
Since the beginning of this year, Masayoshi Son’s worth has shrunk by about US$6 billion, mainly depending on how Yahoo’s stock price trended before the list came out.
There is also a strong competitor for the eleventh place, also belonging to the business world – Mr. Dell who created the Dell Computer Company. . . .