America's Road to Fame

Chapter 212 Forbes Rich List
On March 3, for more than 11 days, various versions of speculation have been circulating. Finally, the ownership of 20th Century Fox, one of the six major Hollywood film companies under News Corporation, was finally settled.

Meta Investments will acquire Twentieth Century Fox for $50 billion in cash.

Because News Corporation still owns Fox Searchlight and Fox News, in order to distinguish it, Twentieth Century Fox will be renamed Twentieth Century Pictures after being acquired.

The current Twentieth Century Fox was originally the name after the merger of Twentieth Century Films and Fox Films 75 years ago. In addition, only the 20th CENTURY logo remains.

Chen William also announced that Marvel will change its name to Marvel Entertainment, mainly responsible for comic creation, animation and peripheral products.

Inject all the superhero copyrights of Marvel Corporation and Twentieth Century Pictures into Marvel Studios and become a subsidiary of Twentieth Century Pictures.

This avoids the situation where TV series production belongs to Marvel Entertainment and film production belongs to Marvel Pictures, as William Chen did in his previous life, and the two cannot form a linkage between series and movies due to conflicts.

The CEO of Twentieth Century Pictures will continue to be the former CEO of Twentieth Century Fox, Jim Gianlopnos, and the former CEO of Marvel Studios, Kevin Feizi, will serve as the vice president of Twentieth Century Pictures, in charge of Marvel. room.

After that, Marvel Entertainment will get a share of all Marvel Studios' Marvel Universe movies and TV series revenues, but will not intervene in production after authorization.

After making adjustments to Marvel and Twentieth Century Pictures, William Chen also adjusted MGM Pictures for ease of management. Future Pictures was merged into MGM Pictures, and "Magic Mike" and "Magic Mike" The two series of "The Hangover" were brought to MGM, expanding the IP scale of MGM Pictures, and can use the film revenue to reduce the debt of MGM Pictures. After all, the company currently has as much as 25 billion US dollars debt.

In addition to the original IP, including "007", "The Lord of the Rings: The Hobbit" (in cooperation with Warner, the copyright belongs to the other party), "RoboCop" and other series, MGM Pictures will use small and medium-sized It mainly focuses on low-cost films, which is different from the positioning of the [-]th century film industry.

"Twentieth Century Fox ends 75-year history and changes company name back to Twentieth Century Films."

"William Chen confirmed the acquisition of [-]th Century Fox, becoming the youngest member company owner of the American Motion Picture Association (MPAA) in history."

"After the acquisition of Twentieth Century Fox, Chen William has already taken back almost all superhero copyrights to Marvel..."

After the announcement of Chen William's acquisition of [-]th Century Fox from News Corporation, it immediately became the hottest topic at the moment. Various media reported on this event from different angles.

Some people even speculate whether Chen William, who now holds the two once-big eight major Hollywood companies, [-]th Century Pictures and MGM Pictures, will merge the two in the future to become [-]th Century MGM Pictures and recreate Hollywood history.

With his huge acquisition this time, what everyone is more interested in discussing is which company he will acquire next, and how much money William Chen has?

At this time, the media began to report and made a list, among which were the top ten investors who had made the most profits in this subprime mortgage crisis after their investigation.

In the report of the "Wall Street Journal", it is claimed that in the global financial crisis caused by subprime mortgage securities, it is estimated that more than tens of trillions of wealth have been evaporated.

Countless companies and investors have suffered heavy losses, but in this crisis, many people have also made huge profits because of short selling. In this report, they listed ten times based on various materials and intelligence. The biggest beneficiaries of the credit crisis.

Uh, the "Wall Street Journal", News Corporation's main newspaper, and the old fox's own enthusiasm are not spared.

And in this list, William Chen is at the top of the list.According to the estimates of the "Wall Street Journal", Chen William, through his Meta investment company, made a large short sale in the subprime mortgage crisis, making a profit of about 300 billion U.S. dollars.

Huh?This author has something to say, if you don’t count William Chen’s profits from gold futures and shorting Eurasian stock markets together with Goldman Sachs and Morgan Stanley, um, and then remove the possible share of the private equity fund-Fund No. 3, then it’s just a calculation His income in the No. 1 and No. 2 funds is slightly higher than the figure of 300 billion...

However, William Chen knew that the author would not have such accurate data, so he must have made this guess by counting his profits in private equity funds or other profits through some News Corporation channels.

Then he went on to look down, and the person who ranked second had a profit of just over 100 billion US dollars. This gap is still a bit big, but it is enough to shock ordinary people.

It will be even less after that, and when it reaches the tenth place on the list, it is only 30 billion US dollars.

It seems that their news is still not accurate enough. In fact, if it is only based on income, then John Paulson can also be on this list. According to William Chen's estimation, the share he can get from these funds should be in the More than $20 billion, maybe even $30 billion.

"My God, William! You...you really made $300 billion? It's not the paper talking nonsense."

William Chen didn't have much interest in this report, because he knew that he made a lot of money in the crisis this time. Many people already knew that it was nothing more than the difference in the amount.

But when Miranda, who had just woken up and finished washing, came to the dining table, picked up the newspaper and read the contents, she couldn't help but exclaimed.

"Calm down, honey, it's just numbers."

Only then did Miranda realize that she had lost her composure. She patted her chest and asked curiously:
"William, is it true? You earned 300 billion?"

"more or less."

When Miranda heard his words, her eyes widened.

At this time, when I saw the report of the "Wall Street Journal", there were many people who were equally as surprised.Of course, there are also those who doubt the authenticity of the report, after all, 300 billion US dollars is indeed too shocking.

It's just that with the news the next day, these people were convinced.

On March 3, "Forbes" magazine released the 12 Global Billionaires List in New York.

In this list, there are many things to watch. Because of the subprime mortgage crisis, the assets of some rich people in last year's list have shrunk sharply. For example, Bill Gates fell from the top of last year's list to the second place.For the first time, the Chinese Mainland has 65 billionaires, ranking second after the United States.

The list released this time lists the richest people in the world with a net worth of more than US$10 billion. This year’s top spot is Mexican telecom operator Carlos Slim, who ranks first on the list with a net worth of US$515 billion; Bill Gates ranks second with a net worth of US$510 billion; Warren Buffett ranks third with a net worth of US$460 billion.

In the mainland of Huaguo, Zong Qinghou, chairman of the Wahaha Group, ranked first with a net worth of 70 billion US dollars, ranking 103rd on the list, and then Liu Yongxing, chairman of the Hope Group, with a net worth of 50 billion US dollars Net worth ranks 154th on the list.

In the HK region of Huaguo, the richest man Li Jiacheng ranked 210th on the list with assets of 15 billion US dollars, and Li Zhaoji ranked 185rd with assets of 23 billion US dollars.

But the most eye-catching one is Chen William, whose assets are estimated by Forbes at 310 billion US dollars, second only to Warren Buffett, ranking fourth, and ahead of the fifth richest man in India, Mukesh Ann. Barney's $4 billion.

And the most surprising thing, besides Chen William's assets of 310 billion US dollars, is his age...

We can work our way down the list: the richest man, Carlos Slim, 70; Bill Gates, 54; Warren Buffett, 79; William Chan...well, 21.

Going down, let's put it this way, among the top 25 on the list, almost none of them are under 50 years old, except William Chen.

The average age of the top ten in this rich list is 58.8 years old; and except William Chen, the average age of the other nine people is 9 years old, William Chen alone has lowered the average age of the top ten by more than three years...

However, in the description of Chen William's assets in the "Forbes" list, the creator of the form explained the origin of his asset statistics. First, he explained that Chen William's assets are only approximate values, because the difficulty of his asset statistics is The reason is that most of the companies he holds are non-listed companies and cannot be valued through the public market, but the advantage is that most of these assets he has acquired recently, so they can be roughly valued through the purchase price.

Among them, Chen William's assets are listed in detail:
Meta Future Building (formerly No. 666 Building), with a valuation of US$30 billion;
MGM Pictures, valued at $25 billion;
Twentieth Century Pictures, valued at US$50 billion;
Marvel, valued at $30 billion;
Shares of Hermes Group, valued at US$60 billion;
Troup Group and its joint venture Troup-Chen Business Management, valued at US$15 billion;
Ali company shares, valued at 45 billion US dollars;
The above are assets with relatively high valuations. The rest include the New York Observer, Twitter, Siri, HOLA Technology, Reddit, Zoom, Tesla and SpaceX, and Netflix. These add up to a valuation of $25 billion.

These are already as high as 280 billion U.S. dollars. However, after investigation by Forbes, in these acquisitions, William Chen’s debts totaled as high as 120 billion U.S. dollars. However, William Chen’s Meta Investment Company still holds a large number of short-selling assets, which are expected to be worth no less than 150 billion U.S. dollars U.S. dollars, so a final result of $310 billion in assets is obtained.

(End of this chapter)