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Chapter 512 The Eighth Miracle

As long as you have the money, it is not difficult to create a large gold sculpture.

But just like someone making something out of stainless steel, they can only sell it at the price of stainless steel.

Jeff Koons, the already famous American sculptor, created modern stainless steel sculptures such as "Rabbit" and "Balloon Dog" at a low cost, but they can sell for tens of millions of dollars, and their value is still increasing year by year, and they are very popular among collectors. their pursuit.

The same thing, produced by different people, may have very different values.

Therefore, the Dubai businessman who expressed his willingness to buy will try to buy it from Suri instead of finding someone to create it himself.

With Suri's fame and influence, even if you spend a high price to buy the gold sculptures he created, there will still be a lot of room for appreciation in the future. They will attract more people's attention and have intangible added value.

The gold sculptures made by others may be just "ordinary gold", and their value depends entirely on the fluctuation of gold prices.

It seems to be one thing, but it is actually two different things.

If the gold sculptures he created are placed in a luxury hotel, it will help improve the hotel's class and popularity.

Dubai's senior executives have always been very good at marketing and packaging, and of course they will not miss the opportunity to show themselves publicly.

Looking at the United Arab Emirates, the oil export industry still accounts for a high proportion of the entire country.

But Dubai is a bit special.

With its crazy development of real estate projects, Dubai has successfully created a high-end image, attracting a large number of international tourists to come to spend money, play, open companies, buy real estate, etc. The scale of the tourism industry has actually exceeded the oil business.

If they think it will help attract tourists, even princes and princesses will come forward in person to "bring goods and advertise."

On the night of the 4th.

Suri was invited to attend a party specially prepared for him by the locals.

I originally thought that the scale was just so-so, but I didn't expect that hundreds of people came in total. It was very lively and the venue was in the Burj Khalifa.

Standing on the observation deck on the 148th floor of the Burj Khalifa, it feels like you have the entire city under your feet. Behind you are many guests in formal attire attending the banquet. The evening breeze feels a little cold on your body.

Although Suri has always had a "fear of insufficient firepower" and believes that his strength is still far behind that of many top chaebols, the fact is that with the expansion in the past two years, he has become a super boss in the eyes of others.

In the latest "Forbes" list of the world's billionaires released last year, Suri rocketed to 15th place at a rocket-like speed.

With a net worth of US$20 billion, he ranks second only to Hong Kong City's Lao Li, who apparently has US$21 billion.

"Forbes" magazine even wrote a separate article for Suri, describing in detail the composition of each part of his wealth.

Among them, the Netflix Entertainment shares he holds obviously account for the majority, and the rest are Lanai Island, Tweet, S Electric Vehicles, Caishen Capital, Facebook shares, Apple shares, etc.

Now that Netflix Entertainment has been listed, and after raising a large amount of funds through the IPO, the total market value has increased again. Today's latest market value is around US$28.5 billion.

The reasons that limit the further rise of the stock price have changed from insufficient cash on the books to low net profits, and it is too expensive to shoot a large number of homemade dramas.

The board of directors has initially approved Suri's proposal to build its own brand of mobile phones, tablets and smart TVs, and to acquire a game studio. When the news is announced to the public, it will draw more pie, and I believe the stock price will rise again.

At tonight's party, Suri is still the richest guest.

At this moment.

A middle-aged man named Issam was wearing a white robe, which was considered formal attire in the local area. He came to Suri and introduced himself in English with a slight British accent, saying that he was a real estate company. ’s CEO then asked:

"I heard that you bought a house on the Palm Jumeirah. It's beautiful there, right? It was developed by our company. My house is very close to yours, about two leaves apart."

The so-called "leaves" refer to the artificial land beaches on Palm Island.

The villas above are not cheap. They became popular around the world in the past few years, attracting investment from countless buyers. After the collapse of the financial crisis in 2008, prices have recovered recently.

Suri feels that living on the Palm Jumeirah Island is a bit like "just being in this mountain". It is better to live in some luxury high-rise apartments in the city. At least you can overlook the entire Palm Jumeirah Island and treat it as a landscape.

However, in front of the developer's representative, Su Rui certainly couldn't tell the truth, so he just nodded and smiled:

"It is indeed very beautiful. It is indeed a new miracle in the history of human architecture. I have long wanted to come here for vacation, but unfortunately I am always too busy."

Mr. Isam smiled and continued:

"Only part of Palm Jumeirah has been built, and overall it is a successful project. However, the World Island project next door is a pity. It can become the most popular tourist attraction in the world. Our company is currently studying how to revitalize the world. Island project, if you have ideas for joint development, you are always welcome to come and exchange research with us."

The World Island project uses more than 300 man-made islands of different sizes to imitate the shapes of various regions in the world, and together they form a miniature version of the earth.

In terms of scale, the entire project can be called the "eighth wonder of the world". It is crazier than the Palm Jumeirah, and the investment scale is also higher. The total budget for that year was about 3 billion US dollars.

It has been under development since 2003 and was expected to be completed in 2008. Unfortunately, it hit the subprime mortgage crisis and has now become a big unfinished project. Investors have completely lost confidence in it.

If there is a lack of maintenance, the artificial islands that have been built are likely to be slowly eroded by the sea water and sink to the bottom of the sea. Funds are urgently needed to revitalize them.

Hear the words.

Suri was a little helpless, thinking that no matter where he went, there were people who wanted him to invest in some projects.

He had encountered similar situations several times during the holidays this year.

Drinking is not allowed in public places in Dubai. Most locals did not drink tonight, but Suri, the guest, was an exception.

After tasting Latour red wine, Suri asked:

"The original World Island man-made islands were priced from millions to hundreds of millions of dollars. As far as I know, more than half of the islands have been sold. Your cost should be recovered soon. The losses are not as big as the rumors. Now. By redeveloping it, only a part of the island can be used, and I think the sellers should be allowed to fund themselves to save themselves.”

Mr. Isam was a little helpless and continued:

"No one will board a sinking ship. Many buyers are really eager to develop them, but are worried about losing money, so they are still waiting and watching for the time being, and are ready to stop losses in time. If there is a celebrity like you, Take the lead in redeveloping it, and the situation will soon become different, attracting countless funds to follow suit.”

The artificial islands in World Island have actually been built, and about 52% of the islands have been sold.

At first, it was just reclamation and island construction, and the cost was not as high as rumored. However, most of the islands are still bare desert islands, and buyers have not added additional funds to develop them.

From the perspective of Dubai officials, it is undoubtedly a failed project that has neither brought revenue nor promoted the development of tourism.

Instead, it is like a scar, reminding investors that there are risks involved in buying a house in Dubai.

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