Bill Gates and his old friend, Steve Forbes, were sitting together. Bill Gates knew many of the companies Feng Yu invested in were listed, and he wants to know how much the value of these companies had increased and how much Feng Yu's assets had increased.
The title of the World's Richest Man is a hindrance to Microsoft's development. For example, many people felt Microsoft's products are too expensive and are monopolizing the market. If not, how can Bill Gates become the World's Richest Man in such a short time?
But this title had an unparalleled advantage for Bill Gates's personal investment. For example, if Bill Gates reveals his intention to invest in a company, the company's share prices will increase. Bill Gates's name is a golden signboard.
Of course, Bill Gates is still not as famous as Warren Buffett. Warren Buffett is one of the most successful investors in the stock market. Warren Buffett will only invest in companies that he thinks can improve their management and will be profitable.
Some of the companies Warren Buffett invested in had lost their top executives, and their performance had improved. Just the increase in the share prices is enough for Warren Buffett to make a lot of money, and he still gets dividends.
But Feng Yu's investments are different from them. Feng Yu's investments are all unlisted companies. He will only give some suggestions on the company's management and will not interfere. He will only wait for the company to get profits after it gets listed. This is similar to venture capital.
But venture capital is called risk investment, and none of Feng Yu's investments had made losses. There are no risks involved!
Steve Forbes passed a set of data collected by his staff to Bill Gates. When he saw the data, he was stunned.
Based on the data, Feng Yu's assets had exceeded 50 billion USD!
Forbes and Gates had discussed Feng Yu's assets before, and they felt it is impossible for Feng Yu's assets to exceed 45 billion USD this year. This is because Feng Yu had invested in many traditional industries, like retail, food, etc., and these industries are not profitable.
Also, all of them felt that there must be a reason why Feng Yu's companies are not listed. But they could not tell what the reason is. But after Feng Yu and Gates researched, they felt it is most likely due to financial issues. If they did not go public, they would be fine if they violated the rules. But if they went public, they would be in trouble.
They felt Feng Yu's biggest gain this year is Microsoft's share prices. None of them had expected Feng Yu's assets to be close to 50 billion USD, let alone more than that!
But after Lenovo got listed, Feng Yu's companies got listed one after another. When these companies went public, the spokesperson was not Feng Yu. Even the Chairman of these companies was not Feng Yu. However, according to Steve Forbes' investigation, Feng Yu definitely had a lot of shares in these companies.
Every time a company gets listed, the share prices will shoot up. Forbes also knows a secret. Lenovo Group almost became one of the listed companies. But for some reason, Forbes never mentioned this again.
A company that had just been listed had almost become a constituent stock. How impressive was that? Also, many investors felt Lenovo Group is a blue chip company and is worth holding on to for a long time.
This is something that many US companies do not have!
"Steve, is this data accurate?" Gates asked.
"What's wrong? You think this data has overestimated his assets?" Forbes asked.
"No. It's the opposite. I am thinking if you all had underestimated him!" Gates replied.
Bill Gates suddenly realized that he had underestimated Feng Yu all this while. This young man had a mysterious aura from the moment he entered Bill Gates's sight.
He didn't seem to have a strong background, but every step of his economic empire seemed to be very correct, so correct that it was somewhat unbelievable.
How can a normal company not take any detours? Even Microsoft had many failed products. But Feng Yu's companies seem to be making money no matter what they do.
Many companies do not have much contact with each other, and the only thing that can be considered as a connection is Feng Yu's investments.
Bill Gates does not believe that this has nothing to do with Feng Yu, and Feng Yu had not participated in the management of these companies!
Since those listed companies' share prices can soar after they got listed, then Feng Yu's companies, which were qualified to be listed, must be worth a lot less.
Forbes looks at Bill Gates. "Do you feel threatened? My estimate is a little conservative. If I am bolder, I think Feng Yu's assets will exceed 60 billion USD by the end of this year, even if his companies do not get listed. If his companies, such as Wind & Rain Electronics, get listed, his assets will easily exceed 70 billion USD! "
Bill Gates is worried. Microsoft's market value had reached a high level, and it will not increase by much in the future. That means his assets will not increase by much with just Microsoft shares.
But Feng Yu is different. Feng Yu has lots of assets under his name, and only a portion of his assets got listed, and his assets had increased significantly. What will happen if all of his assets get listed?
Will Feng Yu's assets catch up with him or even surpass him?
Bill Gates thought he can be friends with Feng Yu. Even if his relationship with Warren Buffett is not as good as his relationship with Feng Yu, it should be close to Bill Gates.
But unknowingly, both of them had fallen out. Although they are still working together in business, it is impossible for them to be friends in private.
"How much did his Wind & Rain Consulting's assets increase?"
"I don't know. That is a non-listed company, and I can only find out that Microsoft's shares are still held by that company. This year, some clients had invested in that company, and their assets should have increased."
This is the disadvantage of non-listed companies. They do not disclose their financial reports and management personnel. It is hard to find out a company's assets, and the figures are not accurate.
This is also why < Forbes > had added the word "about" in front of Feng Yu's assets. It is because most of Feng Yu's assets are estimated.
Bill Gates sighed. Never mind. At least Feng Yu is still Microsoft's shareholder.
Suddenly, Bill Gates and Forbes' phones rang at the same time. They answered and heard the same news. Feng Yu had sold his Microsoft shares!
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