While various economies in Asia are in turmoil, the world is still thriving.
On Sunday, October 19, the day after the Korean people broke out to boycott the IMF, Daenerys Entertainment Group officially released its full-year financial report for fiscal year 1997.
In the past four quarters as of September 30, 1997, Daenerys Entertainment Group's revenue reached a new level, reaching US$41.9 billion, a year-on-year increase of 16.3%, becoming the world's third pure media and entertainment related company. One and the only large industry giant with a revenue volume of US$40 billion.
On the other hand, it is undeniable that this is the first time since the establishment of Daenerys Entertainment Group that the annual revenue growth rate has been lower than 30%. Just last year, the related revenue growth reached 31%. However, this It is also expected by the industry.
After Daenerys Entertainment's revenue exceeded the tens of billions of dollars in the world, it has still been able to continue to grow rapidly in the past few years. This is mainly due to the fact that the film and television industry itself still has enough room for expansion, as well as Daenerys Entertainment Group's commitment to Acquisitions of MCA and other companies.
When the expansion of the core film and television business reaches the ceiling of the industry, the gains brought by mergers and acquisitions are gradually digested, and growth slowdown is inevitable.
Even so, Daenerys Entertainment's 16.3% full-year growth in fiscal year 1997 generally exceeded the industry's growth expectations of about 15%, not to mention becoming the first industry giant with revenue exceeding US$40 billion.
With another breakthrough in revenue, even though the net profit margin in fiscal year 1997 dropped slightly from 14.6% to 14.1% compared to the previous fiscal year, Daenerys Entertainment's full-year net profit still reached US$5.73 billion.
The annual net profit of US$5.73 billion puts Daenerys Entertainment firmly in the top 10 global companies. At the same time, the revenue of US$41.9 billion also puts Daenerys Entertainment further into the top 15 from the top 20 last year. .
October 20th.
The new week has just begun, and "Forbes" has joined in the fun. The latest issue of the weekly magazine officially released the 1997 list of the 400 richest people in the United States.
Frankly speaking, the Forbes lists in recent years, whether in the United States or around the world, feel more or less "boring" because there is really only one thing to look at.
Simon Westeros.
There is no suspense this time either.
Forbes Group still singled out Simon and made a special feature.
Compared with Simon's highest net worth of US$2.3 trillion before the new technology bubble burst at the beginning of the year, and even US$1.5 trillion in 1996, in 1997, when the Asian financial crisis was raging, it had been falling for half a year after the collapse of the Nasdaq. In the background, Simon Westeros's personal net worth was eventually rated at $1.3 trillion by Forbes magazine.
Regardless of the $2.3 trillion at the peak of the bubble, even in the context of the new technology stock market crash, Simon's personal net worth has shrunk by only 14% compared to last year's official list of $1.5 trillion.
The reason for this can only be described in one sentence: a skinny camel is bigger than a horse.
What's more, it's far from the point of losing weight.
Because even though the bursting of the new technology bubble has lasted for half a year, in fact, the ones who have suffered the most are those small and medium-sized enterprises that are still obsessed with burning money in the early stages of entrepreneurship and have not formed their own perfect revenue model.
Just say Ygritte.
[Get red envelopes by reading books] Follow the public account [Book Friends Base Camp] and get up to 888 cash red envelopes by reading books!
Even though the collapse of Nasdaq has led to the Internet industry being devastated, people who are a little calmer can find that the arrival of the information age is an inevitable trend, and Yigrit, who has almost monopolized the Internet traffic interface, has been in this stock market crash. After that, a large number of competitors will withdraw, the monopoly will only become stronger, and the oligopoly advantage of the industry will become more obvious.
This is potential.
In terms of actual revenue, even if the industry's temporary recession led to a significant reduction in Yigrit's advertising revenue in 1997, with the expansion of the Internet industry itself around the world, Yigrit's full-year revenue in 1997 will still be Remaining above US$30 billion, according to the financial reports for the first three quarters that have been released, it is expected that there will even be a slight increase for the whole year compared to last year's US$33.9 billion.
Regardless of whether it is the entire industry or specific companies, the solid fundamentals have made Yigrit's market value fall all the way back from its original peak of US$923.3 billion, and its current market value remains above US$400 billion.
By the same token, during this period, in the entire Westeros system, in addition to Ygritte, whose market value exceeded US$400 billion, there were also three companies, Daenerys Entertainment, Cisco and Tinkerber, with a market value of US$300 billion. Above, other companies such as AOL, Nokia, Verizon, and even Microsoft and Intel, which have heavy holdings, have market values of 200 billion or even more than 100 billion.
Coupled with Melisandre, Cersei Capital, Oracle, Instagram and a series of other large and small tens of billions of dollars in enterprises, the final total keeps Simon's personal net worth at a high of 1.3 trillion US dollars.
Moreover, anyone who knows a little bit about the inside story understands that this number is not much less.
You know, just the free cash reserves of the Westeros system are rumored to be between 50 billion and 100 billion US dollars, not to mention the various assets that Simon Westeros hides under the water all over the world, with a value of Incalculable. It’s hard to say which day a few giant companies with hundreds of billions of dollars belonging to the Westeros system will suddenly appear.
Stimulated by favorable conditions such as the "Forbes" list of the 400 richest Americans, Daenerys' financial report for fiscal year 1997, and even the still popular "The Ghost Story", the U.S. stock market maintained its momentum on October 20. Stroll concept stocks rose across the board, and led the Dow Jones, S&P 500 and Nasdaq indices to all rebound by more than 5% today after three consecutive days of decline last week.
Among them, Yigret's intraday increase reached as high as 11%, and its market value once again reached a peak of 500 billion U.S. dollars. Even if it subsequently fell back, its closing market value still climbed from the 451.5 billion U.S. dollars at the opening of the day to a high of 477.3 billion U.S. dollars. The single-day stock price increase Reached 5.7%.
Daenerys Entertainment, which dropped from US$500 billion at the beginning of the year to US$300 billion, also saw its share price rise by 6.2% in a single day, and its market value soared from US$321.4 billion at the opening of the day to US$341.3 billion.
With their high market capitalization, the two companies still dominate their respective markets.
Washington.
It was a bustling day in the capital market, Simon was in the federal capital.
Came here yesterday afternoon. Simon spent the whole day rushing around various federal departments, participating in various issues ranging from strategies to deal with the economic situation in Asia to site selection for the ITER Tokamak device to negotiations with NASA to restart the development of a new generation of space shuttles. Meeting.
There is actually only one core theme, spending money.
In addition to a small part of the layout for the next expansion of the Westeros system, this time it is mainly Simon's three goals: to advance human civilization to the next stage, break through the life limit, break through the time limit, and break through the energy limit.
I had these ideas a few years ago, but I couldn't be very ambitious. In fact, I still had no money.
Now, as the foundation of the Westeros system is further consolidated, and a large number of its companies are expected to continue to generate huge profits, Simon must find a way out for the increasing amount of cash in his hands. Otherwise, if he accumulates too much, he will become a trouble.
How should the money be spent
Of course it’s okay to engage in charity.
Simon has been doing it.
However, after thinking about it over the years, Simon also understands that charity cannot solve any fundamental problems related to the future of mankind. In fact, the Western charity system has become more of a means for the rich to pass on their property in disguise.
In this case, let's do some serious things that are more interesting to us.
Moreover, considering that in the next few years, the net profits contributed by a series of core enterprises in the Westeros system to the Westeros family may reach hundreds of billions of dollars each year, these serious projects must be large enough, so there are only Simon's three goals can absorb these funds, but this is still under the premise of spending money hard.
Just like the space shuttle, according to NASA data, 3 billion US dollars for one aircraft is too expensive in the eyes of many people. But here at Simon, it is acceptable to increase the price by 10 times. After all, it is easy enough to make hundreds of billions of US dollars in the next year. Build three. Therefore, at today’s meeting, Simon’s expectation for the design of the next-generation space shuttle is that it can take off directly from land and then go straight to Mars.
This may only be considered a vision for a long time in the future, but the road will be walked step by step.
Of course, Simon is willing to spend money, but that doesn't mean that the Westeros family's funds are so easy to get. Next, the Westeros family's supervision and review of related funds will only become more and more stringent to ensure that the money is used where it should be used, rather than being used to enrich others' pockets.
In the evening, Simon and Janet, who were working together as a couple this time, left NASA headquarters and rushed to the White House together.
In the evening, there was a small cocktail party specially arranged by the Clintons to entertain Simon and his wife. Vice President Gore and his wife attended as well as many powerful people in Washington.
The Clintons had obviously made preparations in advance, and the theme of the reception was to discuss the next stage of human civilization.
"Simon, don't you think that if the next stage of human civilization really comes, there will be serious ethical issues?"
In the White House ballroom.
Several core people at this reception gathered in a circle, and Patty Gore, the wife of Vice President Al Gore, asked.
Simon held Janet's waist next to him and said with a smile: "I understand what you mean, Patty. In the future, some people may live to be 1,000 years old, and some people will still not live to be 100 years old. Moreover, after long dormant interstellar travel, After waking up, the still young traveler is connected to the earth, and his biological age may be the same as that of his descendants who have been on the earth for several generations. These seem to be big problems. However, if we push forward a thousand years, If people at that time knew that the current head of state could only serve for eight years at most, and that not only were there no slaves in this society, but everyone also had the right to vote, they would definitely find it incredible, wouldn't they?"
Patty Gore obviously didn't react, but everyone else quickly burst into laughter.
After Al Gore laughed, he explained to his wife: "What Simon means is that human ethics, like social systems, are constantly evolving. My dear, we'd better leave the future matters to the people of the future. Go deal with it, we’re only responsible for now.”
Everyone laughed and chatted for a while, and Simon and his wife left to entertain other guests. This was until near the end of the reception, when a White House staff member came over and whispered an invitation, and Simon followed him to a small reception room in the White House.
Clinton is already waiting here.
"Simon, you did what happened in Korea, right?"
Simon did not deny it. He sat down on the sofa with Clinton and nodded: "I said that I will let the Koreans regret it themselves."
"But the problem is..." Clinton looked distressed: "I spoke to Kim Young-sam again today. The Blue House is very embarrassed now. Since he has publicly made a promise to the people, it will be difficult for Kim Young-sam to change his attitude in a short time, otherwise it will be a breach of trust. , you know, South Korea happens to be an election year this year, and if trust is broken, the consequences will be very serious."