Tao Liangchen

Chapter 432 A Myth of Wealth Creation, Terrifying Indeed

1998 was coming to an end.

In mid-December, the old American and old Latin countries started fighting, and international oil prices soared, drawing global attention.

This didn't stop the Nasdaq from continuing its rally.

At the end of November, Yahoo's stock price was just over $170, but by around December 22nd, it had risen to $240. And this was after a stock split earlier in the year. In Su Yehao's words, it was simply amazing.

It wasn't just Yahoo.

Cisco, Amazon, and other companies he invested in were also soaring. Even without counting the increased valuation of companies like TVT and 1Q, he made a fortune from investment business alone.

In just twenty-two days of December, he had made a profit of over $870 million.

This number was outrageous.

It meant that in just over twenty days, the income had caught up with what Su's father had worked hard for more than twenty years to achieve. Su Yehao was numb with money, and didn't know what gifts to buy. He simply became the myth of wealth creation in Silicon Valley, so terrifying.

It should be known that Su Yehao wasn't the one who earned the most. The wealth of Yang Zhiyuan and others soared by billions of dollars this year, and Bill Gates' total wealth had touched the threshold of $60 billion.

The main reason for this round of stock price increases was the surge in the performance of Internet companies, their rapid growth rate, and the support of positive news such as broadband, 3G, and the soaring number of Internet users. Moreover, with the US dollar raising interest rates, hot money continued to flow back to the United States, and a combination of factors jointly promoted the Nasdaq's boom.

The weekly active users of ICQ had risen to 11.1 million, an increase of more than 2 million users in the past month or so. The total number of weekly active users of TVT had also soared to around 2.9 million.

According to the current market, if they were packaged and listed, the total market value would be at least about $3 billion, and the value may be even higher after finding relatively stable revenue channels.

It was clearly winter, but Su Yehao felt a burst of summer heat.

He made too much money in the short term, and even he couldn't help but panic. After carefully analyzing the data, he felt that the performance was quite reasonable, and the bubble wasn't as big as he imagined.

Cisco was supported by technical patents, and the demand for its products was booming.

As the website with the largest number of user clicks in the world, Yahoo's revenue this year was quite optimistic. If it weren't for the crazy acquisitions, it would have successfully turned a profit.

As for Amazon, although it lost a lot of money, its user and revenue data were rising rapidly, and it was known as the "online Walmart," and its operating costs had the opportunity to be lower than Walmart's.

Su Yehao invested less cost and had huge profits to support him. The market was so wonderful, so he wasn't in a hurry to cash out and run away.

Adding up the increased valuation of the startup companies, his total net worth touched the threshold of $3 billion. He felt as steady as an old dog, simply amazing.

After a serious analysis, the investment philosophy remained unchanged.

Most of the funds continued to hold stocks, and a small amount of funds was used to make big gains from small investments, continuing to play stock options and futures.

Before the holiday.

Su Yehao contacted the jeweler Cartier and spent nearly $8.8 million at once, buying a total of six collector-grade top-diamond jewelry pieces.

Christmas was approaching, and if the goods were transferred from the headquarters and airlifted to Hong Kong City now, they could still make it in time for the festival, and he could give them to the girls around him as gifts.

He had also given out gifts last year, but he didn't spend so much money.

Adding Jiang Yu to the list of gift recipients, the little girl's eyes went straight when he bought her a diamond bracelet last time. This time, Su Yehao prepared a necklace with a sixteen-carat pink diamond as the main pendant for her. The numbers sounded amazing, but after truly owning so much wealth, that was all it was.

Seriously, Su Yehao was starting to not know how to spend money. The main reason was that he had almost everything he should have, and he couldn't find a place where he wanted to spend money, so he simply gave gifts to the girls, and everyone was happy.

Of course.

For Jiang Yu and Yin Liuli, receiving such valuable gifts was likely to be full of pressure, and more shocking. Making money had become a "hobby," and the main business was enjoying life.

From the beginning, Su Yehao didn't have to worry about start-up capital, and he happened to run into a rare super bull market, making it difficult not to get rich.

Doing business wasn't difficult for him, and his obsession with making money was also fading.

Especially in the case of financial management and investment, he only needed to know when to buy and when to sell. There was almost no competition, and he didn't need to use his brain too much.

On the startup project side, he hired professional managers with high salaries to help, which also reduced a lot of worries.

Su Yehao was very self-aware and knew that finding external support to be responsible for specific affairs was likely to be more successful than if he did it himself. He acted as a hands-off shopkeeper without any burden. His subordinates made money, and he was very relaxed. Everyone was happy.

There were no worries in business.

In life.

More than half a month had passed since returning from the Maldives.

The little girl liked to pull Jiang Yu along when she had nothing to do, either playing mahjong at Big Wave Bay, or going out to eat and shop, and they had also watched two movies together.

According to Jiang Yu's private disclosure to Su Yehao.

Compared to her, Nangong Tian seemed more worried about the existence of Yin Liuli and Zhao Yimeng, so she said she wanted to join forces with Jiang Yu to tie him down. In Nangong Tian's view, of course, it was more comfortable to live with Jiang Yu, and besides, with the "accident" in the Maldives, the worst had already happened, making it easier to accept.

They both grew up with Su Yehao, and they both liked him, and they had lived together for so long, and they were still best friends, belonging to natural allies.

In his early years, Su Yehao had been through many women, and no one could catch him.

Now that they were finally together, the little girl had never relaxed her vigilance, knowing his nature.

Even if Su Yehao usually concealed it well, she would eventually notice something was wrong, simply pretending not to know, for fear of uncovering the lid and leading to a breakup.

For example, Yin Liuli.

She had even talked to Yin Liuli face-to-face and noticed something was wrong at the time.

Su Yehao usually went back to Casino so frequently, and there were often some scandals with Zhao Yimeng. It would be strange if the little girl was relieved. Growing up in the Liren Emperor's Court Club, many of her mother's clients and friends were the concubines of someone's family. She had been influenced by this for a long time, so the little girl really didn't care so much.

Since it seemed impossible to occupy him alone, pulling Jiang Yu as an ally was a relatively smart approach.

Jiang Yu said that because Su Yehao was too outstanding, the little girl still wanted to live a life of "two wives serving one husband" when she had nothing to do. She wanted to maintain the beauty of family harmony, which was something that girls from other families might not be able to do in the eyes of the local gentry, but if it was Zhao Yimeng, it would be difficult to say.

When they were in school, Su Yehao had made many moves, but had been rejected many times.

This left a deep impression on the little girl, and she also knew that although her family had some money, it was far from enough to meet the standards of Su's father and Tang's mother, and that they were a good match. Not only in terms of wealth, but also in terms of connections and other aspects, there was a world of difference.

So, there was a scene where she secretly joined forces with Jiang Yu, saying that she wanted to tie down Su Yehao.

When Jiang Yu mentioned it, Su Yehao didn't know whether to laugh or cry. On the side, it also confirmed that she was indeed thinking about Yin Liuli, and had endured for more than a year without asking. As expected of someone who wanted to be the boss, all kinds of coping methods were really straightforward, completely not making it difficult for Su Yehao, as smooth as silk...