Hollywood Hunter

Chapter 366 1 Riding the Dust

Simon received the list data of the 1990 US 400 Rich List the day before the new issue of Forbes magazine was released on September 2.

On Monday, September 3, the next day, when the new issue of Forbes magazine was officially released, the North American mainstream media that had been closely following the new Forbes rich list almost published related reports almost simultaneously. Obviously, these media also Obtained relevant information in advance.

$21 billion!

This is Simon's personal net worth figures published on the Forbes magazine's list of the 400 richest people in the US in 1990.

No suspense first.

Moreover, Simon also became the first super rich in the US 400 rich list with a personal net worth of more than 10 billion US dollars. Sam Walton, who was expected to obtain this title, has distributed Wal-Mart's shares to his children.

Outside of Simon, this year's list ranked second still last year's list runner-up John Kruger, but the personal net asset figure fell directly to 5.6 billion US dollars, a huge difference from Simon.

Further back.

Third place, Warren Buffett, $3.3 billion.

Fourth place, Ronald Perelman, 2.87 billion US dollars.

Fifth place, Henry Hillman, 2.65 billion US dollars.

In addition to the top five, sixth to ninth, the sisters Barbara Cox-Anthony and Anne Cox-Chambers and the brothers Samuel Newhouse and Donald Newhouse , The asset figures are 2.6 billion US dollars.

From the tenth place to the seventeenth place, there was also a long list of juxtapositions: Sam Walton, who controlled the Walton Group, and his four children, who controlled Pritz, the famous Hyatt Hotel Group. The two brothers of the Ke family, and the last Microsoft founder Bill Gates, the wealth of these eight rich people is 2.5 billion US dollars.

Affected by the economic recession caused by the US debt crisis, the terms on this year's list have changed significantly. Many rich people's assets have shrunk significantly. Last year's top rankings were Sam Redstone, Ted Allison, and Ross. The three of Perot fell directly out of the top ten on the list.

The economic recession caused the wealth of the rich to shrink sharply. This should have been a very important concern of this year’s list. However, when the new issue of the list was released, almost all the media’s eyes were on the list. attract.

Simon's $21 billion personal net worth figure has more than tripled compared to last year's $6 billion.

However, through the detailed listing and analysis of Simon's personal assets in Forbes magazine, the personal net worth of $21 billion has caused much less controversy than last year.

Among the series of assets under Simon’s name, the one that attracted the most attention this year should be the large amount of money he continuously earned through Cersei Capital in the Japanese financial market and crude oil futures market.

The number of this asset exposed at the beginning of the year reached 4.5 billion US dollars. After the operation of the crude oil futures market in the first half of the year, Forbes magazine estimated that Simon’s overseas cash asset number should be about 8 billion US dollars, but this item is more than Simon’s personal net worth of $6 billion last year.

Subsequently, the Forbes magazine gave Daenerys entertainment asset valuation figures of 8 billion to 10 billion US dollars.

According to Forbes magazine's remarks, in order to avoid controversy caused by last year's valuation, Forbes invited multiple Wall Street financial and accounting teams to participate in the valuation, and finally reached a valuation range of 8 billion to 10 billion US dollars .

Is Daenerys so much entertainment?

In response to this doubt, Forbes magazine gave a Daenerys Entertainment financial report for the first half of 1990. The two-quarter net profit after tax of 573 million US dollars exceeded the seven major Hollywood. Any of them.

Moreover, with the follow-up videotapes, television, derivatives and other channels of its super-sell movies, as long as there is no unexpected huge loss, Daenerys Entertainment can guarantee that it will maintain the annual level of 1 billion US dollars in the next two to three years. Net profit scale.

Compared with the list of Fortune 400 companies in the United States in the first half of the year, Boeing, which has the lowest market value among the companies with a net profit of 1 billion US dollars in the previous fiscal year, has also recently reached 15.6 billion US dollars. Johnson & Johnson's two daily necessities giants, each with a net profit of $1 billion, have a market value of $21.8 billion and the other is $18.6 billion.

Therefore, in terms of profit scale, the valuation of Daenerys Entertainment from 8 billion to 10 billion US dollars is definitely very low.

At the same time, three movie brands with a large number of blockbuster projects under Daenerys Entertainment, Daenerys TV Company, 35% shareholding in Blockbuster, Blizzard Studios, 35% shareholding in ea company, potential gold mine level The Marvel Entertainment and DC movie universe rights, etc., these real assets are enough to support the huge valuation of Daenerys Entertainment.

It can be seen that only the two assets held by Simon in the name of Simon and Daenerys Entertainment have added up to the number of Simon's personal net assets given by Forbes.

In addition, Westeros also has a large number of listed or unlisted company assets.

The stocks of listed technology companies purchased during the stock market crash in 1987 still have 19 stocks left at this time, and the total market value of related companies exceeds 26 billion U.S. dollars.

Among them, Microsoft and Intel, which are heavyweights of Westeros, have a current market value of US$6.3 billion and US$7.6 billion, respectively. Only 20% and 15% of the shares of these two companies have brought Simon more than US$2.5 billion in wealth. .

For other companies such as Sun, Oracle, amd, Silicon Map, Adobe, Autodesk, and other companies, Westero's shareholding value also reached about $1 billion.

Taken together, the 19 listed technology companies brought Simon a total of $3.5 billion in personal wealth.

The non-listed Cisco, AOL, Igreat, etc., as well as overseas Nokia and non-tech enterprise Melisandre, even if only the Westero’s shareholding is calculated, the total value of these assets must be Between 1.5 billion and 2 billion US dollars.

In addition, Cersei Capital will be added to Simon's personal assets this year.

This large private equity fund, which officially established its headquarters in New York at the beginning of this year, is only two consecutive operations in the Japanese financial market and crude oil futures market, which is enough to make the industry eye-catching.Even if it is conservative, the value will not be less than 1 billion US dollars.

Finally, count the large number of real estate and land assets under Simon Westero's name, and the valuation is also about 500 million US dollars.

All of this adds up, minus the entire Westeros system’s liabilities of less than $1.5 billion, and Simon’s personal assets are roughly between $21 billion and $23.5 billion.What Forbes magazine took is only the lowest value in this valuation range, $21 billion, so it is still conservative.

However, even this conservative figure of 21 billion US dollars has created a series of unprecedented.

Not only is the first super rich in the United States with a personal net worth of more than 10 billion U.S. dollars, Simon is also destined to surpass Japan's real estate tycoon Yi Ming and become the world's richest man.

The general public can only envy, admire and question the number of Simon’s personal net assets on the Forbes list, or fantasize about what this $21 billion means, but the US capital market is after the announcement of the Forbes list. , Made very direct feedback.

Listed companies related to the Westeros system, whether it's technology stocks such as Microsoft or Intel, or other industries such as Blockbuster or ea, have seen significant share price increases in the following week.

The'Westero Group' at that time was frequently advanced again by the media at this time.

Immediately afterwards, it was obviously to take the Forbes list Simon's personal assets to record highs, and Oracle on September 6 obviously rushed the company's financial report for the previous quarter.In the quarter from June to August 1990, Oracle's revenue was US$207 million, with a loss of US$36 million.

In the quarterly financial report, Oracle also very frankly admitted that the aggressive expansion style and the wrong sales strategy adopted in the past two years were the main reasons for this loss, and said that it will make a substantial adjustment to the company. Oracle's several executives responsible for the sales business He will resign later, and at the same time, a large-scale layoff of about 400 people will be carried out to reduce the company's operating costs.

Not only that, in the letter from Larry Ellison attached to the financial report, he confidently said that the company is under control, and specifically pointed out the previous Westeros increase of Oracle’s holdings.

If it weren’t for Westero’s increase in holdings, the huge loss of $36 million in a single season, and the company’s business strategy mistakes that Oracle finally admitted at this time, it will definitely make countless angry shareholders want to press Larry Ellison. Rubbing on the ground.

However, this time, after Oracle’s quarterly financial report was released on Thursday, September 6, the following Thursday and Friday, Oracle’s share price did not plunge as expected by Wall Street analysts, although it did not soar. However, the daily trading volume decreased by 80% compared with before the quarterly financial report was released. Obviously, many shareholders no longer rashly sold Oracle stocks, but began to wait and see.

Some Oracle shareholders who can connect with the Westeros system have also tried everything to find out what Simon's attitude toward Oracle is.

The following weekend, Oracle made another announcement. In addition to the President of Westeros, James Rabold, Carol Bartz, the president of Igret in the Westeros system, will also join Oracle. Board of Directors.Westero also officially issued a statement to support Oracle's current chairman and CEO, Larry Ellison, to continue to manage the company, and Westero will continue to hold Oracle stock for a long time.

Westero’s official statement calmed down those shareholders who had lost patience with the current management due to a 70% drop in Oracle stocks in the past year. Some shareholders were still dissatisfied with Larry Ellison It is also understood that under the union of Westeros and Larry Ellison, it is unlikely that other shareholders want to replace the current management.

However, the opposite voice is not without.

The Wall Street Journal thinks that Simon’s continued increase in Oracle stocks and the support of current management who have made serious business mistakes are stupid.If Westero sold off his stock at the highest point of Oracle's stock price last year, Simon could get a return of more than 500% compared to the original.

Moreover, even if you still insist on holding this company, it is necessary to replace the current management.

The Wall Street Journal also cited Apple as an example.

After Steve Jobs, the founder of the unrealistic Macintosh project that once caused huge losses to the company, Apple’s revenue and profits have continued to increase in recent years, even if the recent federal stock market is due to war Because of the decline across the board, Apple's market value also exceeded US$6 billion.

Simon can roughly understand that the purpose of this article is not so simple.

Oracle's internal rumors are no longer a day or two. Many shorts on Wall Street have recently shorted the company's stock before Oracle's new quarterly earnings report.

Now, because of Simon’s support, Oracle’s share price has not seen the expected plunge after the release of the new quarterly financial report, and even there are signs of a rebound. Those short sellers of Oracle stocks will naturally not be reconciled.

In addition to Oracle's affairs, since the release of Forbes magazine on September 3, various invitations have poured in like a tide, and countless media eyes have also refocused on Simon, and his every move is beginning to be received again. attention.

In order to prevent the planned double-line operation plan from being leaked ahead of time, Simon had to temporarily throw away a large number of reporters who had chased and intercepted and flew from New York to Chicago."Home Alone" has been completed. Although it is completely possible for people to send the samples to Los Angeles, Simon flew to Chicago to watch it in person, and hid quietly.

After watching the sample of "Home Alone", by the way, he discussed some details with John Hughes. Simon once again got rid of the reporter from the news and went to the team of "Terminator 2" in New Mexico.

Although the Fado chapter was scheduled in advance, after the "Terminator 2" officially started shooting, Cameron only initially stopped for a period of time, and these days have germinated in solid state.

After checking the filming progress of the film, Simon no longer has any expectation that Cameron can complete "Terminator 2" within the budget. Fortunately, after just experiencing the failure of "The Abyss", Cameron has converged in the end. The filmmaker privately estimated that the project should be able to be completed within $70 million.

Taking into account the box office potential of "Terminator 2", 70 million US dollars, although exceeding the budget of 20 million US dollars, is actually within the scope of Simon's tolerance.After ending the tour of "Terminator 2", Simon simply went to the "Destiny of the Dead" crew of North Carolina on the east coast of the United States.

After so many circles around the United States, I probably realized that the cost of tracking Simon Westero was too high, and his side finally calmed down.

On Saturday, September 8, Simon quietly returned to New York again.

However, although the real Simon could not be traced, the news about him did not stop.

This week, not only Oracle, the media about Simon’s personal net worth and what he is doing and what he is about to do, and so on. After returning to New York, the West Coast "Hollywood Reporter" suddenly broke out of Daenerys Entertainment. News of plans to acquire mca.

Because it is Saturday, the impact of this news cannot be directly reflected in mca's stock price, but things cannot be avoided.

Moreover, this week, media controversy over Simon's $21 billion net worth also followed.

22-year-old young man with $21 billion in personal assets.

In any case, even in Western countries where private property is sacred and inviolable, this matter is really shocking.

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