Tao Liangchen

Chapter 704 Forbes Rich List

The companies invested in Silicon Valley are still following the old approach since March, developing steadily.

Neither the money raised by Yanwenzi Group's listing last year nor the money raised in Silicon Valley has been spent yet.

Under Su Yehao's instructions, they are thrifty.

While using profits to fill holes, they only use a small amount of principal each time, enough to last until the middle of next year or even the end of the year. There shouldn't be any problems.

It's not that Su Yehao is reluctant to spend money.

The main reason is that the market size is only so big, and time is needed to wait for the number of internet users to increase. There's no need to waste money for the time being.

In addition, only half a year has passed since the decline, and other powerful peers still have surplus funds to support them. They are far from being at the end of their rope.

Therefore, expansion through mergers and acquisitions is still too early and does not require additional large sums of money.

If an opportunity arises someday.

Su Yehao can transfer funds at any time to help buy the dip. Currently, he has more than two billion U.S. dollars in cash lying in his account, and the bank has given him a very high credit line. The cash flow is particularly abundant.

In this situation, he is naturally leisurely and sits tight.

What needs to be done now is to patiently wait for the end of the winter, during which he can pass the time with projects such as building construction, asset management, and wafer foundry.

It seems that there is no way to make a lot of money like in the past few years, but the fact is that the withdrawal of other funds has left him with valuable development opportunities to lay a solid foundation.

For example, in the mainland.

A group of Silicon Valley giants are overwhelmed, and although they are also trying to deploy in the mainland, the investment is not too great, so Su Yehao's business map is very solid.

Not to mention the field of wafer foundry. A batch of projects of European and American companies have gradually fallen into the predicament of capital shortage, and instead began to consider splitting the production department and handing over orders to foundries to help complete.

After all, building a production plant requires an investment of at least several hundred million U.S. dollars, and machine depreciation, human resources, and time costs must be taken into consideration. Outsourcing and finding someone to take charge of the production link is obviously easier than spending time and effort on your own.

Considering all of these.

Su Yehao's judgment on the current situation is much more optimistic than that of other peers. On the contrary, he hopes that the market will continue to fall into the bottom and make some quick money by shorting.

Especially Apple and Amazon, the two companies he has set his sights on. The lower the stock price, the lower the cost of buying the dip in the future.

One has a mature hardware R&D department and an independent operating system, and the other is like a network version of Wal-Mart supermarket, with obvious advantages...

On the day he returned to Silicon Valley, Su Yehao already wanted to return to Hong Kong.

But before leaving, there were still some things to do. He took time to invite people from *Forbes* magazine to visit and interview him.

After a short rest for more than half an hour, several reporters appeared at his home.

Su Yehao was taken aback by this efficiency and couldn't help but ask, "Does your *Forbes* have a branch in Silicon Valley? Why are you here so quickly? I thought I would have to wait until tomorrow."

The reporter in charge of the interview was a blonde and blue-eyed sexy woman. He didn't know if it was intentional, but she actually unbuttoned three buttons, and a touch of purple loomed.

American men like more plump women, but Su Yehao doesn't like this type. He glanced at her, retracted his gaze, and invited them in.

The female reporter stretched out her hand and introduced herself, saying:

"You can call me Ivana. It's a coincidence today. I just finished interviewing Oracle's CEO, Larry Ellison. We were originally planning to stay in Silicon Valley and return to New York after completing your interview."

"Mr. Larry Ellison, has his net worth declined this year?"

The new issue of the *Forbes* Global 500 Rich List has not yet been released. Su Yehao's name is also on it, so he is more concerned about this kind of news.

The female reporter Ivana shook her head and replied:

"Oracle's current market value is about the same as this time last year, so he is still the second richest man in the world. According to my estimate, he has about 28 billion U.S. dollars. At most in February, he already had a net worth of more than 40 billion U.S. dollars. I thought he was the most promising person to surpass Bill Gates, but unfortunately, as you know, the stock market crash happened."

"Then Bill Gates is still the richest man in the world, right? About how much will I be ranked this year?" Su Yehao asked with interest.

"That's right, he is still the richest man. As for your ranking, it depends on how willing you are to cooperate with us. I mean, many rich people like you are unwilling to disclose the specific total amount of wealth, which leads to deviations in the assessment. If you, Su, are willing to help us with the statistics, the ranking should be able to improve."

Afraid that Su Yehao would misunderstand, Ivana crossed her legs and sat opposite Su Yehao, adding: "When we can't count their specific assets, we often estimate according to the apparent wealth. A 10% to 20% underestimation is very normal. This will affect the ranking results."

Su Yehao understood and replied with a smile:

"No problem, my wealth is taxed on time, and it doesn't involve illegal business. Even if the real numbers are published, it will only make banks and investors value me more."

It is a well-known fact that he is rich, and even if he hides it, it will not have much impact.

Considering that SSSSSS Asset Management is busy raising funds.

If he completely secures the position of the richest man in Hong Kong or even the richest man in Asia, it will inevitably cause a great fanfare in the domestic media, which is equivalent to them helping to do publicity for free. The effect may be better than spending 50 million RMB on advertising.

The reason why the fundraising process of 5S Asset Management was so smooth this time was because it was crowned with titles such as "Earning 10 Billion U.S. Dollars in Three Years," "Little Asian Stock God," and "Bloodbath on Wall Street," coupled with the gimmick of him personally operating it, which successfully attracted countless investors.

Recently, Su Yehao has been most concerned about the fundraising activities of 5S Asset Management. It is rare to encounter an opportunity to promote himself in a high-profile manner, so of course he has to seize it.

After Ivana covered her mouth and smiled, she leaned closer to him in the name of deleting the question draft and talked to him.

The old butler who came to serve tea was not surprised.

In the past few days, in addition to the group of people who came to seek funds, there have been a group of fashionable girls in front of the door. Some are jogging, some are walking dogs, and some beautiful neighbors suddenly held a party and personally delivered the invitation to this place, specifically asking Su Yehao to attend.

A member of the unmarried billionaire club, and young and handsome, is inevitably easy to become a "prey" in the eyes of girls. They are much bolder and more proactive than the girls in Hong Kong.

Regarding Ivana's actions of sitting next to him, Su Yehao only felt that her perfume was too strong. During the interview, after some miscellaneous statistics, he finally reported a reasonable figure of 14 billion U.S. dollars.

Assets are assets, and net assets are another matter.

Whether it is Cyberport Digital Technology or many assets in the mainland, there are a lot of loans provided by banks behind them. After offsetting with debt, not much is left.

Now, the most valuable things in his hands are Yanwenzi Group shares and Google shares, and the rest is cash in the account.

As for those Internet companies in the mainland, the total valuation is only six or seven hundred million U.S. dollars.

If they are listed, it is very likely that they will rise to about 2 billion U.S. dollars by hyping up the concept of the mainland Internet, but after all, they are not listed and cannot temporarily count the real market value data.

After Ivana heard this, she called and asked the editor-in-chief, and learned that with a total net worth of 14 billion U.S. dollars, it would be a bit difficult to enter the top ten, but there was hope to rank twelfth, or even eleventh.

There is no way.

Among the top ten on the list, several heirs of Wal-Mart occupy five places, and the total net worth is around 17 billion U.S. dollars.

And the opponent directly competing with Su Yehao is Masayoshi Son of SoftBank.

Since the beginning of this year, Masayoshi Son's net worth has shrunk by about 6 billion U.S. dollars, mainly depending on how Yahoo's stock price will move before the list comes out.

In addition, there is a strong opponent competing for eleventh place, who is also a business celebrity - the Mr. Dell who created Dell Computer Corporation...