Baidu's listing created a large number of billionaires and multimillionaires.
Li Yanhong and Xu Yong were still abroad. Among the remaining people, Li Dong became the most eye-catching one.
He was the youngest, the least famous, and the most special …
These few characteristics made Li Dong the focus of the major media. Some media from Pingchuan and even some domestic media swarmed to Far Away.
Soon, websites and media outlets revealed Li Dong's information in detail.
Li Dong, 20 years old, from Qingyang, Jiangbei, the head of Far Away, studying at Jiangzhou University …
The media also estimated Li Dong's net worth. Baidu's shares were valued at 480 million, and Faraway Supermarket was valued at 120 million. Li Dong's total assets were as high as 600 million!
Starting from scratch, a 20-year-old young man with a net worth of more than 600 million. This was simply a legend!
It was not that there were no people richer than Li Dong in the country. In fact, there were many. However, the name Li Dong became popular throughout the country in a very short period of time.
The reason why he became popular was not because of money, or rather, it was not only because of money.
The main reason was that Li Dong's road to success was too inspiring!
Many people born in the 1980s regarded Li Dong as a celestial being. Who said that people born in the 1980s were the "lost generation"?
Li Dong, born in a peddler's family, single-handedly built a family business!
He was not a second-generation heir. He was just an ordinary person, but he relied on his own hands to create a miracle.
If Li Dong could do it, why couldn't they, the people born in the 1980s, do it!
Soon, the name Li Dong became synonymous with the rise of the people born in the 1980s.
"Do you want to be the next Li Dong?"
"As long as you work hard, you will be the second Li Dong!"
These words spread quickly on the Internet. Fortunately, there were no Internet celebrities these days. Otherwise, Li Dong would be the most popular Internet celebrity in 2005.
…
No matter how hot the rumors got, Li Dong himself gradually calmed down.
If he didn't get his hands on the money, everything would be empty. The outside world estimated his net worth to be almost one billion, and it was getting more and more outrageous. But in reality, Li Dong didn't have much money.
Right now, he couldn't even take out ten million, let alone one billion.
So far away, he had managed to save some money, but all of it was used by Li Dong to redeem his stocks.
Last time, he mortgaged his shares to someone else and borrowed 30 million. Part of the 30 million was spent on the Copper Mountain store, and the rest was kept as reserve funds.
Now that Baidu was listed, Li Dong didn't want his shares to be mortgaged to someone else. Far away once again emptied his bank account to redeem the shares.
Thirty million was taken away. Not to mention ten million, he might not even be able to take out a few million.
Everyone thought that he wasn't short of money, but they didn't know that Li Dong was worried about money to the point that his hair had turned white.
While sitting on the chair in a daze, Sun Tao and Shen Qian came together.
When Li Dong saw the two of them, he got a headache. "Don't talk to me about money. I will fall out with whoever talks about money!"
Sun Tao laughed, but Shen Qian didn't believe him. "Everyone said that your net worth is more than one billion. Are you really broke?"
"You are giving me one billion?"
Li Dong rolled his eyes at her and snappily asked, "Have you sent away the reporters downstairs?"
"General Manager Li, actually, I think it's necessary to accept a few media interviews. It can increase the reputation of Far away, and it's equivalent to advertising for us for free. There's no need to reject all of them." Sun Tao added.
Li Dong shook his head and sighed. "It's fine if it's advertising for Far away. But the reporters downstairs are all tabloids. When the reports come out, I don't know what they will say."
Li Dong didn't continue discussing the newspapers. He asked, "Why are you here?"
"It's about the stores."
Sun Tao looked at Li Dong and said, "I think we can start the big investment we talked about previously. These few days, Shen Qian and I have done a comprehensive survey in Pingchuan. According to my plan, Pingchuan can support us to open five second-tier stores, ten third-tier stores, and twenty fourth-tier stores. This way, we can achieve full coverage of Pingchuan …"
Li Dong shook his head after he finished speaking. "The investment is too big. Opening 35 stores in Pingchuan at the same time will require at least one or two hundred million. Far away can't afford it."
"General Manager Li, the reason you don't agree is because you don't have money, right?" Shen Qian asked.
"Yes. I can't sell Baidu shares now …"
Without waiting for Li Dong to finish speaking, Shen Qian said, "General Manager Li, your thinking is really strange!"
"We can't sell the shares. Do we have to wait until the shares can be sold before we can start building?"
"Time is money now. Just because of your shares, we still have to wait for another six months. How many opportunities will we waste?"
Shen Qian was speechless at Li Dong's thinking. It was too old-fashioned and conservative!
Far Away had developed to this stage, and there was not a single cent of loans!
If this were to spread, people would laugh at them. At the same time, they would be shocked. Which company could develop to this stage with zero debt? Li Dong was really a miracle worker!
After Shen Qian finished speaking, Li Dong said embarrassedly, "I am just being safe. Do you understand?"
"You're steady enough, but you're too steady!"
Shen Qian complained and continued, "Far Away's current scale, even if we don't use your shares as collateral, it is not difficult for us to get a loan of 50 million or 100 million. There is no need to wait at all. If we add your shares, we can get a loan of 200 to 300 million. General Manager Li, I think it is better to get a loan if we can. How much is the interest? Time is money! "
Sun Tao also echoed, "General Manager Li, I think so too. We can do a lot of things in half a year. "
After being said by the two, Li Dong hesitated for a moment and said, "I am not against getting a loan, but we can't get a loan of too much …"
"General Manager Li, I have only heard of people who are afraid of not getting a loan. This is the first time I have heard of someone who is afraid of getting a loan of too much!" Shen Qian was helpless. Only a weirdo would have such an idea.
Li Dong glanced at her. He was starting to doubt whether it was him or Shen Qian who got rich.
Asking for a loan of 100 million or 200 million was simply not treating money as money!
Too lazy to argue with her, Li Dong continued, "We can open branches in Pingchuan, but there is no need to open them at the same time. The investment for construction at the same time is too high. We can do it in batches, one batch every three months. Nine months is just right. We can invest 40 to 50 million in the early stage."
A loan of 40 to 50 million was acceptable to Li Dong. A loan of a few hundred million in one go, and the interest was terrifying.
Listening to Li Dong, Sun Tao did not refute. He also felt that it was safer this way.
Shen Qian wanted to settle everything in one go. Before she could say anything, Li Dong's phone rang.
After signaling them to wait, Li Dong picked up the phone.
After a few simple words, Li Dong hung up the phone and frowned slightly.
Seeing Shen Qian still waiting, Li Dong said impatiently, "Don't think of getting fat in one go. Young man, haste makes waste. Take a breather first."
Shen Qian was furious. Who was the young man here?
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