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Chapter 1078 Amazing Fortune
Chapter 1078 Amazing Fortune
Cai Chongwen is a Chinese of American nationality. He grew up in the United States and received education in the United States.Apart from looking the same as the Huaxia people, it has nothing to do with the Huaxia country.
Liu Xiaoguang smiled, "Mr. Cai, this is your business, you don't need to discuss it with me."
"That's good. There is one more thing. I want to sell some shares of the old Longfor Group. Mr. Liu, are you interested?"
Liu Xiaoguang knew that the acquisition of a professional basketball team in the United States would require at least a billion dollars in funds.Although Cai Chongwen's salary is very high, it is unrealistic to rely on his own salary to complete the acquisition.
As the biggest contributor to the rapid rise of Longfor e-commerce, Cai Chongwen received share rewards.If Cai Chongwen wants to acquire a basketball team, he can only use his shares in Laolonghu Group.
"I'll take over as many shares as you want. Just follow the market's valuation of the old Longfor Group."
Cai Chongwen nodded, "Okay, thank you, Mr. Liu."
Hearing that Cai Chongwen was going to sell the shares of Laolongfor Group, Yang Leping didn't understand.
"Is he out of his mind? The valuation of our old Longfor Group has been rising, and we can still get huge dividends every year. Cai Chongwen uses this money to buy a basketball team? Isn't this a burning bag?"
Liu Xiaoguang was amused by Yang Leping's words, "Don't talk nonsense here, Mr. Cai bought the team for investment."
"How does buying a football team become an investment?" Yang Leping was a little puzzled.
In his view, buying a team is pure consumption.In addition to the cost of buying the team, you also have to pay the wages of the players and the venue fee. How can you make money buying the team?
"The market value of these professional teams in the United States has increased more than ten times in the past ten years, and the annual compound growth rate is close to 20.00%, which is much higher than the return rate of other financial products."
Yang Leping was taken aback, "The rate of return is so high?"
"However, the growth rate of the shares of our old Longfor Group is not slower than it, and if dividends are added, it may be higher than it." Liu Xiaoguang said arrogantly.
Yang Leping nodded again and again, "Let me just say, our old Longhu Group is not bad. Brother Guang, why do you think Cai Chongwen invested in the team?"
Liu Xiaoguang thought for a while, "Maybe Cai Chongwen doesn't want to put all his eggs in one basket and disperse his investment. In addition, wealth does not return home, such as Jinyi Night Walk, Mr. Cai is not exempt from customs. Buying his hometown team is also considered a Homecoming."
Yang Leping asked again, "Brother Guang, how many shares does Cai Chongwen have in the Laolonghu Group?"
Liu Xiaoguang looked at Yang Leping and smiled, "Not as much as you. According to the current valuation of the old Longfor Group, it is about 100 billion yuan. He is going to sell half of the shares to me."
Although it is not listed, the market's valuation of the old Longhu Group is close to one trillion yuan.
It is one of the largest enterprises in China.
Cai Chongwen is the third largest shareholder of the Old Dragon Lake Group after Liu Xiaoguang and Yang Leping, owning [-]% of the shares of the Old Dragon Lake Group.Converted into Chinese currency, it exceeds tens of billions.
Yang Leping was speechless, "Good guy, it's a billion-dollar deal."
After obtaining Liu Xiaoguang's approval, Cai Chongwen acquired the New York Knight basketball team at a price of 13 billion yuan.Converted into Chinese yuan more than 70 billion.
This news instantly detonated the major media.
People were amazed at Cai Chongwen's decisive action, and even more amazed at Cai Chongwen's huge wealth.
A huge sum of 70 billion Chinese yuan, if you say it, you can take it out, this guy must be rich!
You know, Cai Chongwen joined the Laolongfor Group for less than ten years, and the Laolongfor Group is not a listed company, so where did Cai Chongwen get so much money.
Huaxia's financial media, sports media, and the headlines of the day all reported this explosive news.
However, the focus of the two parties is different.The sports media is full of joy. In the nearly [-]-year history of the American professional basketball league, there is a Chinese-American boss for the first time. There are already many basketball fans who look forward to Chinese basketball players joining the Knights and competing in the world's highest level basketball league.
The financial media is concerned about the source of funds for Cai Chongwen's acquisition of the Knights.
The answer to this question will be revealed soon.The Old Dragon Lake Group announced that Cai Chongwen transferred [-]% of the shares in the Old Dragon Lake Group to Liu Xiaoguang.The amount involved in the transaction was not disclosed.
However, according to people familiar with the matter, the amount involved in this transaction is around 75 billion Chinese yuan.
This news once again made the major financial media boil.
Calculated based on this ratio, the market value of Laolonghu Group is around one trillion.
This is a very scary number.
You know, there are nearly [-] listed companies in Huaxia, and no more than ten have a market value of more than one trillion yuan.
In other words, the current old Longhu Group is already one of the top ten large enterprises in China.
After a company goes public, its market value will mostly increase.
In this way, the old Longhu Group is likely to be the largest enterprise in China by market value.
Many people even began to gossip about Liu Xiaoguang's wealth.
Laolonghu Group is not a listed company and has no obligation to disclose its shareholding structure to outsiders.So no one knows the equity allocation of the old Longfor Group.I just heard the news before that the old Longhu Group is held by all employees, and the equity is relatively dispersed.
However, according to the information you have obtained, the proportion of employee stock ownership in the old Longfor Group is not high.Liu Xiaoguang owns the vast majority of the shares of Laolonghu Group.A conservative estimate is above 50.00%.
Calculated in this way, according to the market value of the old Longhu Group, Liu Xiaoguang's net worth exceeds 5000 billion Chinese yuan.
With a net worth of 5000 billion Chinese yuan, it is enough to take the top spot on the list of the richest people in China.
This is just a simple calculation of the assets of the old Longfor Group. You must know that under the name of Liu Xiaoguang, there is another manufacturing leader, Hanyang Super Factory.Calculated in this way, Liu Xiaoguang's net worth is definitely more than 5000 billion Chinese yuan.
Some media have even crowned Liu Xiaoguang as the richest man.
For various speculations from the outside world, Liu Xiaoguang remained silent as always.
He never expected that the associative ability of these financial media would be so rich.Cai Chongwen bought a team, and even shifted the center of public opinion to himself.
Yang Leping held the mobile phone in surprise and came to Liu Xiaoguang for verification.
"Brother Guang, is your net worth 5000 billion?"
Liu Xiaoguang was busy harvesting the corn in the garden, "Don't read such random news."
"No, this is a professional financial blogger who is very famous on the Internet!"
"You have nothing to do, come and help break the corn!" Liu Tiezhu yelled, pointing at Yang Leping.
Yang Leping could only harvest corn in the vegetable garden with Liu Xiaoguang.
"After breaking the corn and the peanuts, the weather forecast says it will rain in the evening, so we have to collect all the peanuts tonight." Liu Tiezhu commanded from the edge of the garden.
(End of this chapter)
Cai Chongwen is a Chinese of American nationality. He grew up in the United States and received education in the United States.Apart from looking the same as the Huaxia people, it has nothing to do with the Huaxia country.
Liu Xiaoguang smiled, "Mr. Cai, this is your business, you don't need to discuss it with me."
"That's good. There is one more thing. I want to sell some shares of the old Longfor Group. Mr. Liu, are you interested?"
Liu Xiaoguang knew that the acquisition of a professional basketball team in the United States would require at least a billion dollars in funds.Although Cai Chongwen's salary is very high, it is unrealistic to rely on his own salary to complete the acquisition.
As the biggest contributor to the rapid rise of Longfor e-commerce, Cai Chongwen received share rewards.If Cai Chongwen wants to acquire a basketball team, he can only use his shares in Laolonghu Group.
"I'll take over as many shares as you want. Just follow the market's valuation of the old Longfor Group."
Cai Chongwen nodded, "Okay, thank you, Mr. Liu."
Hearing that Cai Chongwen was going to sell the shares of Laolongfor Group, Yang Leping didn't understand.
"Is he out of his mind? The valuation of our old Longfor Group has been rising, and we can still get huge dividends every year. Cai Chongwen uses this money to buy a basketball team? Isn't this a burning bag?"
Liu Xiaoguang was amused by Yang Leping's words, "Don't talk nonsense here, Mr. Cai bought the team for investment."
"How does buying a football team become an investment?" Yang Leping was a little puzzled.
In his view, buying a team is pure consumption.In addition to the cost of buying the team, you also have to pay the wages of the players and the venue fee. How can you make money buying the team?
"The market value of these professional teams in the United States has increased more than ten times in the past ten years, and the annual compound growth rate is close to 20.00%, which is much higher than the return rate of other financial products."
Yang Leping was taken aback, "The rate of return is so high?"
"However, the growth rate of the shares of our old Longfor Group is not slower than it, and if dividends are added, it may be higher than it." Liu Xiaoguang said arrogantly.
Yang Leping nodded again and again, "Let me just say, our old Longhu Group is not bad. Brother Guang, why do you think Cai Chongwen invested in the team?"
Liu Xiaoguang thought for a while, "Maybe Cai Chongwen doesn't want to put all his eggs in one basket and disperse his investment. In addition, wealth does not return home, such as Jinyi Night Walk, Mr. Cai is not exempt from customs. Buying his hometown team is also considered a Homecoming."
Yang Leping asked again, "Brother Guang, how many shares does Cai Chongwen have in the Laolonghu Group?"
Liu Xiaoguang looked at Yang Leping and smiled, "Not as much as you. According to the current valuation of the old Longfor Group, it is about 100 billion yuan. He is going to sell half of the shares to me."
Although it is not listed, the market's valuation of the old Longhu Group is close to one trillion yuan.
It is one of the largest enterprises in China.
Cai Chongwen is the third largest shareholder of the Old Dragon Lake Group after Liu Xiaoguang and Yang Leping, owning [-]% of the shares of the Old Dragon Lake Group.Converted into Chinese currency, it exceeds tens of billions.
Yang Leping was speechless, "Good guy, it's a billion-dollar deal."
After obtaining Liu Xiaoguang's approval, Cai Chongwen acquired the New York Knight basketball team at a price of 13 billion yuan.Converted into Chinese yuan more than 70 billion.
This news instantly detonated the major media.
People were amazed at Cai Chongwen's decisive action, and even more amazed at Cai Chongwen's huge wealth.
A huge sum of 70 billion Chinese yuan, if you say it, you can take it out, this guy must be rich!
You know, Cai Chongwen joined the Laolongfor Group for less than ten years, and the Laolongfor Group is not a listed company, so where did Cai Chongwen get so much money.
Huaxia's financial media, sports media, and the headlines of the day all reported this explosive news.
However, the focus of the two parties is different.The sports media is full of joy. In the nearly [-]-year history of the American professional basketball league, there is a Chinese-American boss for the first time. There are already many basketball fans who look forward to Chinese basketball players joining the Knights and competing in the world's highest level basketball league.
The financial media is concerned about the source of funds for Cai Chongwen's acquisition of the Knights.
The answer to this question will be revealed soon.The Old Dragon Lake Group announced that Cai Chongwen transferred [-]% of the shares in the Old Dragon Lake Group to Liu Xiaoguang.The amount involved in the transaction was not disclosed.
However, according to people familiar with the matter, the amount involved in this transaction is around 75 billion Chinese yuan.
This news once again made the major financial media boil.
Calculated based on this ratio, the market value of Laolonghu Group is around one trillion.
This is a very scary number.
You know, there are nearly [-] listed companies in Huaxia, and no more than ten have a market value of more than one trillion yuan.
In other words, the current old Longhu Group is already one of the top ten large enterprises in China.
After a company goes public, its market value will mostly increase.
In this way, the old Longhu Group is likely to be the largest enterprise in China by market value.
Many people even began to gossip about Liu Xiaoguang's wealth.
Laolonghu Group is not a listed company and has no obligation to disclose its shareholding structure to outsiders.So no one knows the equity allocation of the old Longfor Group.I just heard the news before that the old Longhu Group is held by all employees, and the equity is relatively dispersed.
However, according to the information you have obtained, the proportion of employee stock ownership in the old Longfor Group is not high.Liu Xiaoguang owns the vast majority of the shares of Laolonghu Group.A conservative estimate is above 50.00%.
Calculated in this way, according to the market value of the old Longhu Group, Liu Xiaoguang's net worth exceeds 5000 billion Chinese yuan.
With a net worth of 5000 billion Chinese yuan, it is enough to take the top spot on the list of the richest people in China.
This is just a simple calculation of the assets of the old Longfor Group. You must know that under the name of Liu Xiaoguang, there is another manufacturing leader, Hanyang Super Factory.Calculated in this way, Liu Xiaoguang's net worth is definitely more than 5000 billion Chinese yuan.
Some media have even crowned Liu Xiaoguang as the richest man.
For various speculations from the outside world, Liu Xiaoguang remained silent as always.
He never expected that the associative ability of these financial media would be so rich.Cai Chongwen bought a team, and even shifted the center of public opinion to himself.
Yang Leping held the mobile phone in surprise and came to Liu Xiaoguang for verification.
"Brother Guang, is your net worth 5000 billion?"
Liu Xiaoguang was busy harvesting the corn in the garden, "Don't read such random news."
"No, this is a professional financial blogger who is very famous on the Internet!"
"You have nothing to do, come and help break the corn!" Liu Tiezhu yelled, pointing at Yang Leping.
Yang Leping could only harvest corn in the vegetable garden with Liu Xiaoguang.
"After breaking the corn and the peanuts, the weather forecast says it will rain in the evening, so we have to collect all the peanuts tonight." Liu Tiezhu commanded from the edge of the garden.
(End of this chapter)
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