Tao Liangchen
Chapter 1064 No Big Deal
What was once a desolate island a few years ago has now been completely transformed, positioned as a high-end destination with world-renowned restaurants and a pedestrian street comparable to the Champs-Élysées in France.
At the end of 2008, taking advantage of the economic downturn, Su Yehao invested money to take control of Chanel. He also co-created a Chanel apartment building here, designed by Zaha Hadid Architects. It looks magnificent when lit up at night.
Countless well-known brands have gathered here, along with casinos and various entertainment projects. Today, the island is opening for the first time and is already packed with tourists, with long queues forming in front of many stores.
Only the commercial real estate project is opening; the residences are still not for sale. Numerous wealthy businessmen are calling to inquire about prices, eager to move to this dreamlike artificial island.
An Infinite brand electric car drove into Su Yehao's new house.
Nangong Tian got out of the car with her handbag, and after finding Su Yehao in a hurry, she immediately said:
"It's done! The major shareholder of PPR Group is willing to sell us the 40% stake they hold. This makes us second in size only to the LVMH Group. It would be great if we could also gain control of the Richemont Group."
Su Yehao has rarely been concerned about business matters recently, mainly because there is no challenge. Numerous cash cows are operating at full capacity, and a massive amount of money is pouring into his pockets, so much that he no longer knows how to spend it. The "piggy bank" he prepared earlier is no longer sufficient.
At this moment, he only smiled and said:
"You've traveled a long way, you must be tired. Have a cup of tea and rest. Jiang Yu will also come over to play tonight. Her son has been quite a handful lately, and she wants to find a place to have a few drinks."
Nangong Tian greeted Nong Qingying, who was reading a magazine, and then lay down by the pool, admiring the bronze纹饰 on the Roman columns. She said:
"I slept for a long time on the plane, so I'm not sleepy for now. Her son is really naughty, but he's also very smart. Tian Yu Cinemas has opened a total of eight hundred locations, and the market is saturated, which makes management more troublesome. And with so many film and television projects, Jiang Yu is much busier than me."
Su Yehao shrugged and said, "I told her to rest, but she won't listen. It's not my fault..."
Two years ago, his business empire was already incredibly vast.
After just two years of development, with the economic recovery and the growth of consumer electronics, semiconductors, real estate, and other industries, the family's business has grown to a new level.
The profits from Apple alone amount to more than two hundred billion U.S. dollars, and the market value of Yanwenzi Group and Google both exceed one hundred and fifty billion U.S. dollars.
The Hong Kong City Microelectronics Group, which he founded himself, also has a total market value exceeding one hundred billion U.S. dollars, and mainland Internet companies still maintain an absolute advantage.
Looking back at the bargain-hunting in 2008.
The total revenue has now exceeded sixty billion U.S. dollars. The outside world is very calm about this, after all, it is Su Yehao who always wins.
The girls around him have each developed their careers and achieved great success in the past two years. For example, Nong Qingying's total net worth is approaching seventy billion Hong Kong dollars. SK-II skincare products sell well all over the world, with a total market value exceeding forty-five billion Hong Kong dollars.
Tian Yu Entertainment is performing slightly worse. The market size is there, and there is limited room for growth, but as an Internet film and television company that almost monopolizes the market, its growth momentum is particularly strong, also bringing huge wealth to Nangong Tian and Jiang Yu.
There is nothing to say about business. The international situation is still relatively stable, which has led to Su Yehao's idleness, rarely appearing in public.
If the past few years were considered semi-retirement, now it is equivalent to complete retirement. He has resigned from all positions and only occasionally looks at the documents sent by the company.
They chatted for a while.
The weather was hot, so they went swimming in the pool for a while.
Lying on the edge of the pool carved with murals, he could see a familiar sailboat yacht passing by in the distance.
Zhao Yimeng not only has a son but also recently had a daughter. As the mainland real estate market continues to rise, her net worth is also soaring.
Both children have the surname Zhao, which does not prevent Su Yehao from writing the names of the two children into the list of beneficiaries of the family trust fund. In fact, with the share of assets held by the girls around him, the children will not lack the regular small amount of money they receive in the future.
Even the "poorest" Vera has assets exceeding fifty billion Hong Kong dollars. Recently, she has gained fame in the art world for changing the tradition of creating traditional Chinese paintings, forming her own school.
Like "Panda Version of *Along the River During the Qingming Festival*" and "Fat Tiger: A Hundred Faces," she takes a cute painting style route but has successfully made a name for herself. It is unique in the world. She only creates two new works in two years, but the transaction price exceeds three million U.S. dollars.
...
That night.
Su's father and Tang's mother came to visit.
After visiting inside and out, Su's father asked:
"The photovoltaic industry is going crazy today. Rumors are spreading that you are preparing to use one trillion RMB to build the world's largest photovoltaic power station, covering a total area of over ten thousand square kilometers?"
Su Yehao sat at the outdoor dining table and nodded, saying:
"Yes, it will be invested in ten or fifteen years. It is not cost-effective to deposit so much money earned every year in the bank, so it must be invested. Don't worry, there is basically no pressure. Photovoltaics have a lifespan of more than thirty years, and a one-time investment brings long-term benefits, which is very suitable for our family's current situation."
"I'm not worried. It's not a big deal, just a drop in the bucket."
Su's father said calmly, adding, "I'm just afraid that you will be targeted. Making money all over the world and investing the profits in the mainland is too easy to cause trouble."
"It's okay, I don't care anymore. The entire project is carried out in the name of the family trust and is publicly declared as a charitable cause. If the United States agrees, I can also invest one hundred billion U.S. dollars in the Nevada desert, but such super projects involve too much and are difficult to be approved. It's not my fault."
It concerns environmental protection, and the photovoltaic production will be arranged in the mainland, which is conducive to driving employment and improving the economy. Investing such a project in the United States is indeed worth considering.
With the U.S. electricity price, the profit margin may be higher.
The problem is whether the local power suppliers will agree. It is estimated that the project negotiation alone will take five years, and then there will be endless wrangling with various institutions, facing countless lawsuits.
By the time it officially starts construction, perhaps a large part of the mainland's photovoltaic power generation industrial park has been built.
Su Yehao is not optimistic about the prospects of putting this project in the United States, but it is indeed a good excuse. Then they can break up on good terms, and there is a reason to continue to invest money in the north.
By analogy, perhaps the California high-speed rail can also be mentioned.
Anyway, there is private land everywhere, and it is difficult to successfully acquire the land along the high-speed rail. Take the opportunity to express your investment position in the United States, but if it cannot be promoted, it is not Su Yehao's fault for being partial.
Tang's mother doesn't care about this matter. Facing a group of grandchildren and granddaughters, she smiled so hard that she couldn't close her mouth...