Extraordinary Genius

Chapter 1261 Less

The next night, Steve took a plane back to New York. This time, although he did not fully understand Feng Yu or these Chinese rich people, he finally made some progress. The most important thing is that Feng Yu admitted that he has become a world leader. The richest man, then the next issue of Forbes will definitely sell better!

At the same time, Hu Run is also working hard. This issue of "Wind and Rain Business Weekly" will reprint the "Forbes" rich list, and "Forbes" will also reprint the data on their China rich list, and about Zong Qingxian's interview will be published on Forbes.

Time flies, a new issue of "Wind and Rain Business Weekly" is released. Many people who ordered it found that Feng Yu, who has been rated as Asia's richest man by "Forbes" this time, finally got an asset appraisal later, which is worth 60 billion US dollars!

Previously, "Wind and Rain Business Weekly" either did not list Feng Yu, or the assets behind were question marks. Only this time, a specific value was given.

Everyone was shocked when they saw it. Some people who have learned about Feng Yu's net worth from foreign magazines and other media know that Feng Yu's net worth is rich, but they did not expect it to be so much. Even if the unit of assets is changed from USD to RMB, Feng Yu is still the richest man in China!

And some people who never knew how much Feng Yu's net worth was, were shocked to see this statistic, especially the following words - the richest man in the world!

Is Feng Yu the richest man in the world? Is the richest man in the world from China? !

And this news was also noticed by the leaders above. Some people frowned and felt that too much personal assets was not a good thing, while others felt that it was money earned by others based on their abilities, and they should be vigorously promoted and let foreigners know that Huaxia This country is not as closed as they say, and there is no such thing as political axe confiscation of personal assets. Otherwise, how could there be the richest man in the world?

At this time, Huaxia is still in a situation of vigorously attracting foreign capital and needs to rely on foreign capital for development. Feng Yu can be said to be a business card. If propaganda is done properly, it will definitely attract more foreign capital and make Huaxia's economic development even higher.

The leaders above finally decided to talk to Feng Yu after deliberation, hoping that Feng Yu could give the country more help.

...

The new issue of "Forbes" magazine has updated the list of the world's richest people, and the number one on the list is no longer Bill Gates, but Feng Yu, whose assets are 60 billion US dollars!

All assets followed by integers are estimated. Many people are not convinced, why is Feng Yu's asset estimate so high? I didn't see how big a company Feng Yu was in charge of.

Bill Gates runs Microsoft,

They were all suppressed to the second place, shouldn't there be a problem with this data?

So they turned back, and there was an answer about Feng Yu's assets at the back. It says that Feng Yu's assets come from two companies, two holding companies. One is registered in Huaxia Magic Capital, and the other is in the Virgin Islands.

In the two companies, Feng Yu is the controlling shareholder, and the specific shareholding ratio is unknown. Of the two holding companies, one has an estimated asset value of 50 billion US dollars and the other has an estimated asset value of 30 billion US dollars. That is to say, Forbes estimates that Feng Yu holds an average of 75% of the shares.

The market capitalization of these two companies is not high, and they are not worth mentioning compared with those companies at the top of the Fortune 500. Those companies in the top 500, even if their stock prices fall again and again, have a market value of more than 100 billion US dollars, and even companies such as Microsoft still have a market value of more than 300 billion US dollars.

But they were surprised that Feng Yu's shareholding ratio in these two companies was so high. What made them feel the most incredible was that these two holding group companies did not have several listed subsidiaries below.

According to last year's asset evaluation, the annual returns of these two companies are both above 20%. You must know that the vast majority of companies have been losing money in the past two years. Bill Gates and Warren Buffett are all losing money. Feng Yu can actually make money, and the profit is not low.

The bigger the company, the lower the profit margin, but with the huge base, the profit will not be lower. A company with sales of 100 billion has a profit margin of 5% and a profit of 5 billion, but a company with sales of 10 billion has a profit margin of 20% and a profit of only 2 billion.

Bill Gates is also in the office, looking at Forbes magazine in his hand, he does not need to order, every issue will be specially delivered to his office, which is one of his privileges as a top rich man.

Paul Allen pushed open the door and threw a copy of Forbes on the table: "Bill, how could that Feng have a fortune of $60 billion? Steve must have made a mistake!"

Bill Gates closed Forbes and looked up at Paul Allen: "So which asset do you think is misestimated?"

Paul Allen was stunned, he just didn't want to believe it, and he couldn't tell which one was wrong. Regarding Feng Yu's asset evaluation, of course, he also read it in detail. The above evaluations are not big problems.

This is all analyzed by Forbes magazine through some tax payment and other aspects, as well as some side understanding. Of course, some of the taxes in China are unknown to them, so most of them are estimated.

Bill Gates looked at Paul Allen and said seriously: "I think there are some problems."

Paul Allen is overjoyed, Bill sees the problem?

"What's the problem, tell me quickly."

"I think Steve's assessment of Feng Yu's net worth is too little!"

The joy on Paul Allen's face disappeared instantly. What do you mean, it's too little? Does Bill think that Feng Yu's real net worth should exceed 60 billion US dollars? !

Bill Gates began to give examples to prove his point.

For example, Taihua Supermarket Group, the largest retail group in Asia, has a low market value assessment because it has many loans. The amount of the loan is not mentioned above. If Taihua Supermarket Group were to go public, even if the stock price could not reach the height of Wal-Mart, it would not be too bad. After all, Huaxia has a larger population, and the supermarket's passenger flow is larger, and the turnover will definitely not be bad. And this company is not yet listed.

For example, companies such as Fengyu Electronics, the same reason is that the loan amount is too high, so the asset evaluation is not high. But look at how well Fengyu's electronic products sell and how strong the upward momentum is, you can see how much potential this company has. And this company has not yet been listed, if it is listed, the stock price will definitely skyrocket.

There are also similar wind and rain appliances, Aihua Electronics, Aihua Electric, etc., all of which have great potential.

Even Bill Gates believes that Feng Yu must have some corporate assets, which were not investigated. Bill Gates suspects that Feng Yu's assets should be comparable to his peak two years ago, which is 80 billion. more than US dollars!

Of course, this is just a guess, no one knows how much, except Feng Yu himself.

...(To be continued.)

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