Reborn as the richest man in India
Chapter 529 Total assets valued at US$24 billion
To be honest, Qiaogo originally wanted to bargain with the two companies, such as Tata Steel and the petrochemical industry of Reliance Group.
Finally, Jogo gave up.
Because he values the significance of this matter more.
That is, he has opened up his position with the other two families, making people aware of this.
Although it is still just the beginning, Qiao Ge believes that this position will become bigger and bigger in the future.
In order to cooperate with this significant event, and also taking advantage of this incident, Qiao Ge began to arrange for some subsidiaries of the Bego Group to start listing in batches.
After all, his Bego Group is too large to be listed as a whole.
Even if the following subsidiaries are listed in batches, they still need to queue up. Each one cannot be listed too quickly in order to maximize profits.
As long as it goes public, the market value of Bego Group will skyrocket.
This continuous rise can show the strength of Bego Group.
Only when one dominates and the two are strong can the situation be stabilized.
Of course, the Bego Group itself is also developing rapidly.
As far as Qiaogo’s current overseas layout is concerned, there will be even stronger outbreaks in the future.
No matter how powerful the Tata Group and Reliance Group are, their main focus is still on the country. How can this compare with Chogogo?
The minerals, edible oil and other raw materials Qiaogo invested abroad gave him a huge advantage.
In fact, being listed now has indeed brought Qiaogo's company's market value to an astonishing premium.
Everyone was already paying close attention to Qiaogo's company, but none of the companies under the Bego Group's name were listed on the market, so everyone had no choice but to invest.
Now that Jogo has mediated the conflict between Tata Group and Reliance Group, the impact is amazing.
Therefore, when the subsidiary of Bego Group was listed, it was immediately rushed crazy.
As these subsidiaries went public, the Bego Group continued to expand, and its wealth expanded to an extremely astonishing level, far surpassing the Tata Group and Reliance Group.
The dominance position is considered stable.
In February 1995, Qiao Ge flew to Damao with Sophia.
The three-year loan is about to expire, and Damao and Ermao have to repay the loan.
Today, 1 U.S. dollar is exchanged for more than 4,000 rubles. You must know that when Qiao Ge and others borrowed rubles, 1 U.S. dollar was exchanged for more than 100 rubles. In other words, the ruble has depreciated nearly 40 times in the past three years.
This means that the money paid back by Qiao Ge and others is only one-fortieth of what it was three years ago in US dollars.
Just by doing nothing, I made nearly 40 times the profit.
Not to mention that Qiao Ge and the others had already exchanged these rubles for various factories, resources, etc., and the prices of these in US dollars were also rising.
Baima Investment Bank invested US$500 million in Damao. Now after repaying the loan, the total valuation of various assets is nearly US$30 billion.
Qiao Ge accounts for more than 54% of White Horse Investment Bank, which means that his assets here are more than 16 billion US dollars, which is so terrifying.
Of course, it is not that easy to convert all of this asset into US dollars.
And Qiao Ge doesn’t want to change it now, so leaving these alone won’t be a big problem for the time being.
These assets can also be used for mortgage loans. Qiaogo will need US dollars next to prepare for the 1997 Asian financial crisis.
Rohatin did not come, but Lawrence came over from Europe. This time, Qiaogo, Lawrence and Yuri were mainly responsible for repaying the loan.
At the same time, we also made plans for some future operations.
Yuri now obeys Qiaogo's words.
He really convinced Qiao Ge. He didn't expect that his assets would soar so much just three years later.
He has more than 21% share in White Horse Investment Bank, which means that Russia’s assets exceed 6 billion US dollars.
With this net worth, he can be regarded as the richest man here in Da Mao.
Of course, this is his personal one. Some other big forces may be considered family members or something, but they are still stronger than Yuri.
However, Yuri is now one of the oligarchs on Da Mao's side and can influence the political arena of Da Mao's family.
But Yuri still knew very well that he still had to follow Qiaogo.
Because Qiaogo and Rohatin have an excellent relationship.
He has heard that the financial crisis in Mexico was caused by Wall Street in the United States, and Rohatin must be one of the participants.
This kind of international boss must be grasped by himself, because his energy is too strong.
Not to mention that Rohatyn still holds an important position in the government of the beautiful country, so what he said is very effective.
For example, the Mexican steel company purchased by Qiao Ge was settled with just one sentence from Rohatin. This is a powerful person in the beautiful country.
Although Yuri's wealth is no less than that of other oligarchs, in terms of influence, Yuri feels that he is still slightly inferior to them.
And for him to have the influence he has now, his background as a KGB person still helps a lot.
But compared to the others, it is still a bit unsightly and has insufficient background.
Being able to become an oligarch, apart from having a strong background, is there no Western influence behind it?
Therefore, I cannot do without the support of Rohatin and the others.
Lawrence sighed very much. He felt that he, Rohatin and the others still misjudged the situation and were a little timid.
When I invested at that time, the amount of money invested was a little too small, and I just participated in it on a friendly basis.
After all, it is a long-term investment after three years, and they actually have no idea.
Who would have thought that the ruble has depreciated to this point, and it is still continuing to fall. It feels like a bottomless pit, and I don’t know when it will reach the bottom.
Lawrence was envious and admired Qiaogo.
This three-year investment from White Horse Investment Bank can be said to have been facilitated by Qiao Ge.
This vision is better than those of them who have spent most of their lives in the financial world.
Now Qiao Ge occupies the majority, as it should be.
Of course, Lawrence also made a lot of money with Mo this time, which made up for his regret.
"We have to go to Wu over there in a few days." Qiao Ge said.
In Yuri's villa, the three of them toasted to celebrate.
"If we had known earlier, we could have invested more in Wu." Yuri sighed, "The profits there would be greater."
"You can't say that. The resources in Ukraine are not as good as those in Russia. No matter how much investment you make, the total income will not be much higher." Lawrence smiled.
The currency of the Ermao family, the Kubang dollar, has depreciated even more miserably than the ruble. Now, 1 U.S. dollar is exchanged for more than 200,000 Kubang dollars.
When Qiao Ge and others borrowed Kubang coins, 1 U.S. dollar was exchanged for more than 100 Kubang coins.
In other words, the Kuban currency has depreciated more than 2,000 times in the past three years. Is this still money?
It’s just waste paper.
Those coins were very valuable, and there were so many zeros at the end that I couldn’t even count them at once.
The assets that Qiao Ge and the others acquired using Kuban coins three years ago are no different from those they robbed for free.
The assets in Ermao are valued at approximately US$15 billion, the main asset of which is more than 3 million hectares of black land.
This means that Qiao Ge’s total assets in Damao and Ermao’s family are valued at more than 24 billion US dollars.
Of course, these valuations are unlikely to be recognized by others. If they were to be recognized, Dzhogo would be almost the richest man in the world.
But this world is not that simple. There are things on the surface and things in the dark.
The real predators are those big European and American families that have been passed down for countless years.
Their personal assets may not be visible, and the family assets are all hidden, and most people have no idea about them.
These are the scariest ones, the real bosses who control everything behind the scenes.
But for Jogo, these assets are too useful to him now.
Although these are fixed assets, it will be a long-term process to realize them even now.
But Qiaogo planned to use these as mortgage loans, not sell them for cash. (End of chapter)
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