Start by trimming cow hooves
Chapter 379 December
Time has quietly come to December.
After the concert, the things at hand were temporarily finished.
Suri didn't want to do anything. She returned to Hollywood from New York to live in Beverly Hills, doing nothing all day long.
Some people are idle and can only live in vain, beaten by life, rejected by their families, and labeled as "wasting their time, waiting to die, not seeking to make progress."
But he is different.
Even if he did nothing, his net worth would still keep rising, and he was praised as an investment genius.
Occasionally, he would be worth hundreds of millions of dollars more after waking up. With the popularity and popularity of smart phones, his investment portfolio was so huge that he could never spend all his income.
Since the fourth quarter of this year, the stock market has been doing pretty well.
The recent trends in the Facebook, Apple, Penguin and other stocks he holds have surprised him, and the valuations of unlisted companies such as Netflix Entertainment and Dongjing Mall have also risen again and again.
The rate of return easily beats bank loan interest, so even though he owes a total of about 7 billion US dollars, Suri is not panic at all. After all, the total assets he holds are much higher than the liabilities, and the total size of his net assets has been increasing.
The debts of the super rich and the debts of ordinary people are two completely different things.
The former is to borrow money from the bank to make more money, while the latter is living in embarrassment and has difficulty turning over.
With Su Rui's forward-looking vision, it would obviously be a waste of opportunity to invest without taking on huge loans.
On the other side of Lanai, the tourist season is once again ushering in.
On average, three to four thousand people buy sightseeing packages every day. Hulopu Beach, the most beautiful beach on the island, is once again filled with tourists sunbathing like dumplings.
There were also more than a thousand cattle put out of the Lanai Ranch, and they were quickly snapped up by Hawaii residents and tourists.
The previously planned new hotels and retirement resorts are all under construction, and Suri has decided to wait until New Year's Day before returning to the island to relax for ten days and a half.
When he went back recently, he would definitely be harassed by tourists all day long. When he stayed on the island, he would not be able to hide away even if he wanted to, but it would give him a headache.
As for singing as a side job.
Counting two very large concerts, plus the revenue from the sale of physical albums, digital albums, ringtones, etc., Suri earned almost 200 million U.S. dollars this year.
Of course.
Taxes are also not deducted.
Unlike investing and doing business, it is difficult to avoid all these income taxes.
In order to protect the tax authorities, PricewaterhouseCoopers, the accounting firm he worked with, suggested that Suri set up a separate charitable trust fund.
At that time, you only need to donate 5% every year, and the remaining money can be used in the name of investment to buy a luxury house for your own use, or invest in the stock market.
according to rules.
Donate 5% every year, and the foundation can be closed once 20 years are up, and then the money in the foundation can legally belong to the fund owner.
This legal loophole is clearly tailor-made for the wealthy.
It’s December 5th.
Suri was worried about how to allocate the funds. He sat on a lounge chair by the swimming pool and basked in the sun, saying in a melancholy tone:
"It's a bit ostentatious to buy a new plane. I'll get scolded if the news spreads. I can also wait for the yacht to be given to me by Netflix Entertainment as a reward. I really can't think of anything to buy. It seems that I can only continue to use it for investment." , I don’t seem to be good at spending money anymore.”
Su Rui has long felt the troubles of the richest man in Xihong City personally.
"If I don't want this year's year-end bonus, can you let me give you a good beating?"
The speaker was Jiang Jiaya. She thought for a while and continued: "Aren't you going to use this money to make a movie at Daju Film Company?"
"The total global box office of "Death Comes" has reached 410 million US dollars. It is estimated that there will be a net profit of about 140 million US dollars. It is enough to use it to shoot "Inception", and the remaining money can be used to make more movies. A "Death Comes 2"."
Suri originally planned to use the money earned from singing to directly support Daju Film Company.
However, calculating the rate of return, coupled with some tax avoidance issues, it seems not so cost-effective.
For example, if more than 200 million US dollars are invested in Apple now, it may become 5 billion or 6 billion US dollars in ten years. It is difficult to earn that much by making movies.
Even if you invest in your own film company, you should first exchange it for other assets, then pledge the loan from the bank, and invest the loan money in making movies.
Thus.
Both sides have the opportunity to make a lot of money, and the potential yield will skyrocket.
After much deliberation, there is really nothing I want to buy.
Suri decisively gave up the struggle and told:
"Spending money now is actually to continue to make money. Life is really lonely as snow. When I was a kid and I set up a stall selling game consoles with you, I could earn up to 400 US dollars a day. How interesting it was at that time. I could wake up laughing when I lay in bed at night. .”
"Oh, you're a profiteer. You made 400 yuan and only gave me 5 yuan as salary?"
"...That's different. I'm the boss and you're an employee. Who makes you reluctant to take out your New Year's money and become a shareholder with me?"
A decision was made quickly.
Suri continued:
"Inject another 50 million into S Electric Vehicle Company. The remaining money will be used to buy Amazon stocks first, and then borrow from the bank to make two or three more movies next year. Ask Amanda to call my family office. Say hello and they know what to do.”
After writing down the key points in a small notebook, Jiang Jiaya asked him:
"When I mentioned S Electric Vehicle Company, I suddenly remembered that many people on the Internet said that its concept car is a bit like a Porsche."
The production version of the sedan has not yet been truly developed.
The "Tape Measure Department" first borrowed some of the essence of Porsche and built several model cars according to Suri's ideas, and released concept drawings online, which triggered widespread heated discussion.
It's quite normal to look like a Porsche.
Suri was originally based on the style of the future "Porsche Taycan" to provide some inspiration for the company's designers, sacrificing part of the rear space, and strive to ensure a perfect appearance, as refined as a work of art.
Something that doesn’t exist in the world can at best be used as a reference. He said doubtfully:
"Isn't it good to look like Porsche? Remember to ask people to go to PR and tell them that we have two designers who were hired from Porsche at a high price. It is normal for the design to be somewhat similar."
Jiang Jiaya nodded and said:
"I didn't say it was bad. It was just that some engineers from the original Tesla team seemed to be complaining, saying that a lot of work had to be restarted."
"Next time someone complains, just ask how many of the Roadster electric sports cars they designed have been sold in total. As a sports car, it is so ugly."
After hearing what Su Rui said, Jiang Jiaya gritted her teeth and said, "I'm driving a Roadster."
"... It's given to you for free. If you're not satisfied with it, you can buy it yourself if you don't like it."
Suri rolled her eyes and added:
"Regardless of materials or design, we cannot cut corners. Otherwise, how will we seize the market from traditional car companies? We will first lay out the mid-to-high-end layout, and when the industry matures, we will launch mid-to-low-end models. I have already prepared to lose 3 billion in five years." Dollar mental preparation.”
...(End of chapter)
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