Feng Yu's first post on Twitter did not make the headlines because Kirilenko had snatched the headlines.
Damn! Teach your disciple, and the master will starve to death.
Kirilenko's words are more direct and ruthless, and the media is more interested in him. Furthermore, there is a picture of him looking at Kirilenko. Just this picture alone is enough to make it to the headlines.
"Hahaha … Feng, did you see that? The whole world is talking about this, and many people are leaving me comments."
Feng Yu said. Seems like all the netizens are interested in Kirilenko's scolding of Microsoft and Bill Gates.
"Brother Ki, you must hire a few more lawyers." Feng Yu patted Kirilenko's shoulder.
Some of Kirilenko's words are too direct. Seems like Kirilenko will have to face many lawsuits in the future.
But if you plant a tree and it grows crooked, you can't be blamed.
Kirilenko replied with a look of disdain. "Feng, why are you so timid? If Bill Gates dares to go to court with me, it will be better. Anyway, I have plenty of time, and I can accompany them anytime. But if Microsoft is not controlled by Bill Gates, I wonder what will happen to it. "
Eh? That's right. If Kirilenko goes to court with Bill Gates, Microsoft will be at a disadvantage. Bill Gates is Microsoft's Chief Engineer.
"Never mind. It's good that you understand." Kirilenko is the type to look for trouble. Anyway, with Kirilenko's wealth, nothing will happen. Kirilenko will not beat Kirilenko up, and he will at most compensate Kirilenko.
Kirilenko is the epitome of being rich and willful!
"During this period, Polar Bear Minerals had cooperated with a few other mining companies. They are using the same model as BHP Billiton and Chinalco to set up a joint venture company. But this time, we are the ones making the decisions, and we might be able to buy out all the shares of this joint venture company in the future."
Kirilenko and his team were also very smart. They were able to understand what was going on and might even be better than Feng Yu.
"You can make the decisions there. Pay more attention to the steelmaking, coking, and chemical plants. Since they are now part of the Polar Bear Mining Group, we must maintain a zero death rate record. This will benefit us for the rest of our lives."
In the future, no matter who accuses the Polar Bear Mining Group of monopolizing the market, they can use the fact that the death rate is zero. We value the safety of our employees the most. You have no right to criticize us if someone has died.
"I know. Among our peers, there's no company that invests more in safety than us. If we invest the same amount as our peers, our annual profits will increase by at least 5%!"
The Polar Bear Mining Group's annual profit is 20 to 30 billion USD, and a 3% profit is at least 1 billion USD.
Kirilenko even requested for a joint venture. If you can't meet our safety standards, then don't cooperate.
Feng Yu had told Kirilenko that not only can the company's reputation and brand value be improved, but it can also improve the owner's image.
Many media outlets reported that Kirilenko was the most compassionate mining tycoon, which made Kirilenko happy for a long time. Kirilenko did not spend any money, and the media is praising him.
"Oh, Brother Ki, didn't you say you want to invest in a bank in Europe? How is it going?"
"I had invested in Deutsche Bank, and I am now an external independent director. How is it? Not bad, right?" Kirilenko boasted.
Feng Yu was surprised. He did not expect Kirilenko to choose Europe's biggest integrated bank. This bank was deeply rooted in Europe and had many branches all over the world. It could be called a giant.
The Western Commercial Bank that Feng Yu bought is like a kindergarten kid compared to Deutsche Bank.
But Feng Yu had bought the entire bank, and Kirilenko is only a shareholder. That means Feng Yu has the final say in his own bank, and Kirilenko does not have much say in Deutsche Bank.
Kirilenko might be able to make some decisions with his status as the world's second richest man and Europe's wealthiest man. But the core authority will still be in someone else's hands.
"This is a good choice. This bank is very risk-resistant and has a wide range of businesses. But you have only invested in this bank, and you do not own a lot of shares, right? "
"I don't own a lot of shares, but I had invested in a few commercial banks in Russia. International Industrial Bank and World Commercial Bank are the top private banks in Russia. Although I do not own the controlling stake, I am the biggest shareholder and also the Chairman of the Board of Supervisors of these two banks. "
Kirilenko had learned from Feng Yu. He will let someone who knows how to manage the industries he does not know and control the board of supervisors. This way, the board of directors will not make decisions that will harm his interests and will not be able to falsify the financial reports.
There are more than 1,000 banks in Russia, and most of them are fund companies, trust companies, wealth management companies, etc. But they are all called banks.
But there are not many banks that can take in deposits. Like Hua Xia, Russia's banks are mainly state-owned banks, with private and foreign banks as support. China's banks account for more than 60% of the market share, and foreign banks account for about 20%, and private banks account for about 20%.
But Russia's banking industry is not as developed as Hua Xia. Their biggest bank is still a savings bank, and it is transforming into a commercial bank. Russia does not even have proper banking regulations and accounting standards.
The trust of state-owned banks is not high. This is because after the collapse of the former Soviet Union, some Russian banks had closed down. During the 1998 financial crisis, some private banks also closed down. Many Russians do not trust Russia's own banks and only trust those foreign banks.
Russia is a big country, but the total assets of its banking industry is only about 100 billion EUR. This is less than one-tenth of a large western bank. Citibank's total assets had already exceeded 1 trillion USD a few years ago.
Kirilenko chose to invest in these two private banks is because these two banks are more automated, and they are using Lenovo Kingsoft's banking system. They are considered the most advanced in Russia.
This way, the information will be more transparent, and there will not be any loopholes. These two banks also have business dealings with many industrial groups in Russia, and they can be considered as banks controlled by industrial groups.
After Kirilenko invested in these two banks, he will be part of the core of the Russian industrial group. Being part of the core is not enough. Kirilenko's goal is to become the leader.
Feng Yu wants to set up a financial group, and why can't he set up a financial group? Feng Yu had mentioned that financial groups are good for large companies and diversified investments. Then, Kirilenko will set up a financial group himself. Maybe he can close the gap between him and Feng Yu.
… …
You've already exceeded your reading limit for today. If you want to read more, please log in.
Login
Select text and click 'Report' to let us know about any bad translation.