Extraordinary Genius

Chapter 951: I work in retail

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"Brother Feng, are you the richest man in the world now?" Fu Guangwei's lips were trembling. The richest man in the world was sitting in front of him, drinking tea and chatting with him? And he also did some business cooperation with the world's richest man

Feng Yu smiled and shook his head: "The richest man in the world? Maybe, but he will soon be surpassed by Bill Gates."

Microsoft's stock price continues to rise this year, and Bill Gates' personal assets have exceeded US$30 billion, not counting the assets of the foundation he and his wife run.

At this time, Feng Yu's assets had a market value of just over 30 billion US dollars. Although he made a lot of money this time and Microsoft's stock price also rose a lot, the interest on Feng Yu's loan was very high. There are also some investments, such as Lianxiang Yinshan, which have not yet started to make profits.

Moreover, Microsoft's stock will continue to grow in the next two years. Until the dot-com bubble of the millennium, Bill Gates' personal assets once reached 80 billion US dollars. Including donations to the foundation, it will exceed 100 billion US dollars!

However, Feng Yu's assets continue to grow. Not to mention that he also owns a lot of Microsoft shares, he has been acquiring Yahoo's stocks. Yahoo's market value, at the turn of the millennium, once exceeded 100 billion US dollars. !

Of course, most of Feng Yu's companies are not listed on the market. Once listed, Feng Yu will definitely become the world's richest man.

Moreover, Feng Yu's company has a stronger ability to withstand shocks. Before the outbreak of the Internet bubble in the millennium, these Internet technology companies were at their peak market value.

At that time, Microsoft's peak market value exceeded US$600 billion, while before Feng Yu was reborn, it was less than US$400 billion. Moreover, Microsoft's market value once fell below $300 billion.

Before the rebirth, the company with the highest market value was the Fruit Company, with a market value of more than 700 billion US dollars! The fruit company is not just a simple electronic product, but a combination of consumer electronics, computers, software, online services, etc. to form an ecological closed loop. This is what Microsoft has always wanted to do but failed to achieve.

Now Feng Yu just wants to do this. If he can't even think about it, Feng Yu will do it himself. Lianxiang only has computers and software? It doesn't matter, there are consumer electronics brands such as Fengyu Brand and online services. Feng Yu will set up a special website to do it, and it will do better.

"Brother Feng, you don't seem to like being in the news. You are the richest man in the world. Even if it is only for a day or even a minute, it is good." Fu Guangwei was as excited as if he was the richest man in the world. Of course, it would be better if Feng Yu could mention him in the news.

Feng Yu smiled: "Now my assets are about the same as those of Bill Gates. The world's richest man is just a false name. Within three years, I will definitely secure my position as the world's richest man, and there will be no more in the future." No one can shake my position again.”

Three years later, according to Feng Yu's plan, some companies should start to make profits. At that time, Feng Yu's assets will usher in explosive growth.

By then, Bill Gates' assets will fall back, and as for other people, they will no longer be Feng Yu's opponents.

Fu Guangwei looked at Feng Yu speechlessly, you said a false name, then why did you say impassionedly that no one can shake your position in three years

"Brother Feng, in fact, you can now secure your position as the world's richest man. I think Lehaha's performance is very good. After listing, the stock price will definitely soar. There are also Bingcheng Machinery Company, Fengyu Electronics, etc., any company listed on the market , it can at least double or even several times increase." Li Zekai was a little curious, why did Feng Yu not go public

Feng Yu said nothing, and Fu Guangzheng explained beside him: "Listing means that we need financing, we have to be responsible to more shareholders, and the money earned needs to be distributed to more people. Besides, what is the purpose of going public? , financing and increasing visibility. Feng’s companies neither need financing nor rely on this to increase their visibility, so why should they give money to others?”

Fu Guangzheng once asked Feng Yu this question, and this was the answer Feng Yu gave him. Fu Guangzheng also believes that Feng Yu is right. If he lacks money for development, going public and financing is one of the best and fastest ways.

But is Feng Yu short of money

Since Feng Yu is not short of money, then Feng Yu's company cannot be short of money. Then why do you still need to raise shares to help others make money? After listing, as the stock price increases, assets can indeed skyrocket. But financial transparency is also required, and management will be more difficult, which Feng Yu is not willing to do.

How much money do I have, why should I let you know

One thing that made Feng Yu very depressed was Yahoo's investment. He made the move too late at the time. The island country's Softbank Company had already obtained one-third of Yahoo's shares with a US$100 million venture capital investment, and had contributed to Yahoo's investment. of listing.

Feng Yu only bought a few circulating shares, and the profit was far less than that of Soft Bank. Otherwise, Feng Yu would have been able to occupy the position of the world's richest man all year round. At this time, Yahu's stock price has increased twenty times, and it is still rising rapidly.

Of course, Feng Yu has already told Ralph to go all out to acquire Yahoo's outstanding shares and sell them before the Millennium Internet Bubble, at least twice as much profit!

Feng Yu and the others talked in Chinese. Kirilenko listened for a long time but didn't understand a few words.

"Feng, what are you talking about? Are there any new investments?" Kirilenko had identified Feng Yu's thick legs, and he never lost money after working with Feng Yu. Most of the assets he has today are due to his cooperation with Feng Yu.

Feng Yu slapped his head and forgot to translate for Kirilenko. If I had known earlier, I would have asked Kirilenko to bring a translator, which would have saved him a guest appearance.

"Brother Ji, congratulations on becoming the richest man in Russia!" Feng Yu said with a smile.

Kirilenko immediately grinned: "Ah hahaha, I'm still much worse than you. And I'm not too far ahead. There are still a few people behind me who can catch up with me at any time."

Kirilenko's assets at this time have exceeded 8 billion US dollars, making him truly the richest man in Russia. Of course, there are also several tycoons behind him who made a fortune when the Soviet Union collapsed. The net worth of those people at this time is not much worse than Kirilenko.

Almost all of the richest people in Russia in the previous life were engaged in mining. Like Kirilenko, they acquired a large number of state-owned mines, mining companies, energy companies, etc. at that time. Moreover, the mining companies of those rich people are also making profits at this time. Only Kirilenko's mining company is special. It guarantees capital every year. Many people are laughing at Kirilenko, thinking that he does not know how to run the mining industry. Others want to It's about acquiring Kirilenko's mining company.

"Don't worry, our mining companies will start to make a lot of profits in two years. By then, their mines will be exhausted, and by that time, your assets will skyrocket again. By the way, what do you, Russia, have? Is it a relatively well-known retailer? Does it have a retail website?”

Feng Yu suddenly remembered that Russia is a treasure land that is worth developing. And if it is developed, it can radiate to the entire Eastern Europe. The market potential is no worse than that of the United States.

Kirilenko pointed to his nose helplessly: "I'm in retail!"

(End of chapter)