Extraordinary Genius

The next night, Steve flew back to New York. This time he didn't fully understand Feng Yu or these Huaxia millionaires, but he finally made some progress. Most importantly, Feng Yu admitted to being the richest man in the world, so the next issue of Forbes will definitely sell better!

Meanwhile, Hu Lei is also working hard, and this issue of Rain Merchants Weekly will reproduce Forbes' list of millionaires, Forbes will reproduce their data on Huaxia's list of millionaires, and the interview with Zong Qingxian will be published on Forbes.

Time flew fast, a new issue of Rain Merchant Weekly was released, and many orderers found that this time it had been rated Asia's richest Feng Yu by Forbes, and finally had an asset appraisal valued at $60 billion!

Feng Yu was either not listed in the previous Rain Merchant Weekly, or the following asset was a question mark, only this time, giving a specific value.

Everyone was shocked when they saw it. Some people who have learned about the Feng Yu family from foreign magazines and other media know that the Feng Yu family is rich, but did not expect so much. Even if the unit dollar of the asset is exchanged for RMB, Feng Yu is still Huaxia's richest man!

And some people who never know exactly how many Feng Yu family members are, and it's amazing to see this data, especially the few words behind it - the richest in the world!

Feng Yu is the richest man in the world? The richest man in the world, is he Chinese?!

And this news, which was also noticed by the leaders above, some frowned, felt that too many personal assets were not a good thing, others felt that it was money earned by others, should be promoted vigorously, and let foreigners know that Huaxia is not as closed as their legend, let alone there is no political axe to confiscate personal assets, otherwise how could the world's richest emerge?

Huaxia is still in a situation of strong foreign investment attraction and needs to rely on external funding for development. Feng Yu can be said to be a business card. If properly advertised, it will definitely attract more foreign investment and make Huaxia's economy grow faster and higher.

After the final discussion, the leaders decided to talk to Feng Yu, hoping that Feng Yu could help the country more.

……

Forbes' new issue of the magazine updates the world's billionaire list, and it's number one on the list, no longer Bill? Gates, it's Feng Yu, the asset is $600 billion!

Where an asset is followed by an integer, it is estimated. A lot of people don't like it. Why is Feng Yu's asset so high? I don't see how big Feng Yu runs the company.

Bill Gates is in charge of Microsoft, and it's suppressed to second place.

So they flipped backwards, followed by an answer to Feng Yu's assets. It says here that Feng Yu's assets originate from two companies, two holding companies. One is registered in Huaxia and the other in the Virgin Islands.

In both companies, Feng Yu is the controlling shareholder, and the specific shareholding ratio is unknown. Two holding companies, one valued at $50 billion and the other at $30 billion, that is, Forbes was estimated on the basis of an average of 75 percent stake in Feng Yu.

The market value of the two companies is not high and is not worth mentioning compared to the top 500 Fortune companies. Companies in front of the top 500, even if the stock price drops repeatedly, have a market value of more than $100 billion, and even Microsoft and other companies still have a market value of more than $300 billion.

But they were surprised that Feng Yu's shareholding in the two companies was so high. Most surprisingly, these two holding group companies have few listed subsidiaries.

According to last year's asset valuation, both companies have annual revenues of more than 20 percent. You know, most companies have been losing money for two years. What Bill? Gates, what kind of god Buffett is losing money, Feng Yu can actually make money, the profit is not low.

The bigger the asset, the lower the profit margin, but the bigger the base, the lower the profit margin. 100 billion companies, 5 percent profit margin, 5 billion profit margin, but 10 billion companies, 20 percent profit margin, 2 billion profit margin.

Bill Gates is also in the office, looking at Forbes magazine, and he doesn't need to order, and every issue is sent to his office, which is one of his prerogatives as a top millionaire.

Paul Allen pushed in and slammed a copy of Forbes on the table: "Bill, how could that Von have a $60 billion home? Steve must be mistaken! ”

Bill Gates closes Forbes and looks up at Paul? Alan: “So which asset do you think is wrong? ”

Paul Allen is stuck, he just doesn't want to believe it, and he can't say what's wrong with him. Regarding Feng Yu's asset appraisal, of course, he also looked at it in detail. The above appraisals are not very problematic.

This was analyzed by Forbes magazine through tax payments and other aspects of understanding. Of course, some of the taxes in Warsaw, they don't know, so most of them are still estimates.

Bill Gates looking at Paul? Alan said seriously, "I think there's something wrong with that. ”

Paul Allen, is Bill seeing a problem?

“Tell me what the problem is. ”

“I think Steve's assessment of the Feng Yu family is minimal! ”

Paul Allen's face disappeared instantly. Does Bill think that Feng Yu's real family should exceed $600 billion?!

Bill Gates began to give examples to prove his point.

For example, the Taihua Supermarket Group, the largest retail group in Asia, has a low valuation of market value for a number of loans. How many loans are available, not mentioned above. If Taihua Supermarket Group were listed, the share price would not be much worse if it did not reach Wal-Mart's height. After all, Huaxia has a larger population, supermarket passenger traffic and turnover would never be worse. And this company, it's not listed yet.

For example, companies such as Feng Yu Electronics, the same reason is that the loan amount is too high, so the asset valuation is not high. But look at how well the storm brand sells its electronics, how strong the upswing is, and you can see how much potential this company has. And the company is not yet listed, and if it is listed, the share price will surely rise sharply.

There are also similar wind and rain appliances, EWA electronics, EWA appliances, etc., all with great potential.

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

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

……