But Feng Yu's assets are still growing. He owns quite a number of Microsoft shares, and he had been acquiring Asian Tiger's shares. Asian Tiger's market value had exceeded 100 billion USD in the year 2000!
"Feng, what are you all talking about? Are you all going to invest?" Feng Yu is one of Kirilenko's backers. After working with Feng Yu, Kirilenko had not suffered any losses. Kirilenko's assets are mainly because of his partnership with Feng Yu.
Since Feng Yu does not lack money, then Feng Yu's companies should not lack money. Then why is Kirilenko raising shares to help others make money? After the company is listed, as the share prices increase, the company's assets will increase. But at the same time, the company's finances must be transparent, and it will be harder to manage. This is what Feng Yu does not want.
Feng Yu laughed. "My assets are about the same as Bill Gates'. The World's Richest Man is just a title. Within three years, I will be the World's Richest Man, and no one can challenge my position. "
Feng Yu did not say anything, and Fu Guangzheng explained. "Getting listed means you need to raise funds and be responsible to more shareholders. Also, the profits must be distributed to more people. Furthermore, what is the purpose of getting listed? It's to raise funds and raise awareness. Brother Feng's companies do not need to raise funds or raise awareness. Why is there a need to share the profits with others? "
Of course, Feng Yu had instructed Ralph to buy Asian Tiger's shares and sell them before the internet bubble burst. This way, they will get at least twice the profits!
Feng Yu suddenly remembered that Russia is a land worth developing, and if it is developed, it can reach the whole of Eastern Europe. Russia's market potential is comparable to the US.
This year, Microsoft's share prices had been rising, and Bill Gates's personal assets had exceeded 30 billion USD. This amount does not include his and his wife's foundation.
"Brother Ki, congratulations on becoming Russia's top billionaire!" Feng Yu laughed.
Feng Yu had only bought a small amount of circulating shares, and the profits were far less than the soft shares. Otherwise, Feng Yu would have been able to occupy the position of the world's richest man all year round. Currently, Asian Tiger's share price had increased by 20 times, and it is still rising rapidly.
At this time, Feng Yu's assets had just exceeded 30 billion USD. Although Feng Yu had made high profits this time, and his Microsoft shares had increased by a lot, the interest from Feng Yu's loan is very high. Some investments, like Lenovo Kingsoft, had not started making profits yet.
At that time, Bill Gates' assets would fall, and as for the others, they wouldn't be a match for Feng Yu.
Kirilenko pointed at himself helplessly. "I'm in the retail business!"
"Brother Feng, you don't seem to like to be on the news. The World's Richest Man, even if it's only for a day or even a minute." Fu Guangwei said excitedly as if he is the World's Richest Man. Of course, it would be better if Feng Yu mentioned him on the news.
Kirilenko immediately laughed. "Hahaha … I am still far behind you. Also, I am not leading by much, and there are still a few others who can catch up with me anytime. "
Feng Yu was frustrated about the Asian Tiger's investment. He had acted too late, and Japan's Softbank had invested 100 million USD to get one-third of Asian Tiger's shares and helped to get Asian Tiger listed.
Three years later, according to Feng Yu's plan, some companies should start making profits, and Feng Yu's assets will increase exponentially.
Before Feng Yu's rebirth, the company with the highest market value is Fruit. It's worth more than 700 billion USD! Fruit is not a simple electronics company. It is a combination of consumer electronics, PC, software, online services, etc., forming a closed loop. This is what Microsoft had been trying to do.
Kirilenko's assets are now more than 8 billion USD, and he is Russia's Richest Man. Of course, there are a few other tycoons behind him who had made a fortune during the collapse of the Soviet Union. Those tycoons' net worth is about the same as Kirilenko.
Also, Feng Yu's companies are more resilient to shocks. Before the internet bubble burst in the year 2000, the market value of these internet technology companies was at its peak.
Why should I let you know how much money I have?
Of course, most of Feng Yu's companies are not listed. Once they get listed, Feng Yu will surely become the World's Richest Man.
Fu Guangwei looked at Feng Yu speechlessly. You still dare to say that it is just an empty title? Then why did you say that no one will be able to replace you 3 years later?
In Feng Yu's previous life, almost all the Russian tycoons own mines, and they are the same as Kirilenko. They had acquired a large number of state-owned mines, mining companies, energy companies, etc. Also, the mining companies of those tycoons are also making profits. Only Kirilenko's mining company is special. Every year, it breaks even. Many people laugh at Kirilenko. They think he doesn't know how to manage the mining industry. Some people even want to buy Kirilenko's mining company.
"Brother Feng, you can be the World's Richest Man now. I can see Wahaha's performance is very good, and its share prices will surely shoot up after it gets listed. Also, Bing City Machinery Company, Wind & Rain Electronics, etc., their share prices will increase by at least a few times if they get listed. "Li Zekai is curious why Feng Yu refuses to get his companies listed.
Also, Microsoft's shares will continue to grow in the next two years, and Bill Gates's net worth will reach 80 billion USD during the internet bubble. Including the money he donated to the foundation, his net worth will exceed 100 billion USD!
Feng Yu and the rest spoke in Mandarin, and Kirilenko could not understand much of what they are saying.
At that time, Microsoft's market value is more than 600 billion USD, and before Feng Yu's rebirth, it is less than 400 billion USD. Also, Microsoft's market value had dropped below 300 billion USD.
"Brother Feng, are you the World's Richest Man now?" Fu Guangwei's lips were trembling. The World's Richest Man is sitting in front of him and chatting? Also, he had some business dealings with the World's Richest Man?
Feng Yu laughed and shook his head. "The World's Richest Man? Maybe, but Bill Gates will surpass me soon. "
Fu Guangzheng had asked Feng Yu this question before, and this is the answer he got from Feng Yu. Fu Guangzheng also felt Feng Yu is right. Feng Yu needs funds to develop, and getting listed is the fastest way to raise funds.
"Don't worry. Our mining company will start to make profits in two years, and their mines will be emptied. At that time, your assets will increase again. Oh, are there any famous retailers in Russia? Are there any retail websites? "
This is what Feng Yu wants Lenovo to do now. If Lenovo cannot do it, Feng Yu will do it himself. Lenovo only has computers and software? It's fine. Wind and rain brands can be found in consumer electronics. As for online services, Feng Yu will set up a website and will do better.
Feng Yu slapped his forehead. He had forgotten to translate for Kirilenko again. If he knew this would happen, he would have asked Kirilenko to bring a translator with him.
But does Feng Yu need money?
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