Supreme Sacred Ring, Carefree Tycoon!
In the 80s, a good-quality old Hainan Huanghuali round-backed armchair from the Qing Dynasty could be yours for just twenty yuan. Now, two million yuan o...
"Also, the KY Investment Fund under the name of Julong Fund is a secondary subsidiary of the Dragon Fund at the same level as Akart Capital. This investment fund mainly holds stocks of major traditional industry companies in North America. For example, ****, Citibank, Bank of America, Boeing, General Electric, General Motors, Ford Motor, ExxonMobil, Berkshire Hathaway, Walmart... and so on. Among the top 100 large multinational groups in North America, KY Investment Fund owns at least 6% of the shares in 48 of them. At the same time, KY Investment Fund also owns controlling shares of more than 200 small and medium-sized banks in the United States. Although the capital scale of these small and medium-sized banks is only tens of billions of dollars, and some are even tens of billions or even hundreds of millions, the scale of so many small and medium-sized banks added together is terrifying."
"In addition, Pacific Capital, which is under the name of Dragon Fund, owns shares of large companies in Japan, South Korea, Southeast Asian countries, and Oceania. Atlantic Capital is at the same level as Pacific Capital, KY Investment Fund, and Acate. The main investment market of this investment group is in Europe. Atlantic Capital also holds shares of many large multinational groups in Europe and Russia."
"In addition, the Dragon Fund also has a luxury group, Feiyang Group, which now holds 48% of LVMH, 37% of Richemont and 36% of Kering. The Meifang Group under the Dragon Fund is now the second largest real estate group in North America after the two housing agencies in the United States, but the business of the Meifang Group is not limited to North America. The Meifang Group has many industries around the world..."
"The Dragon Fund has a total of eleven second-level subsidiaries. In addition to the six subsidiaries I just mentioned, there are five offshore companies. However, these five offshore companies are mainly used as a cover. The Dragon Fund cross-holds shares in the other six group companies through these five offshore companies, thereby achieving absolute control over the eleven second-level subsidiaries. Of course, under these eleven second-level subsidiaries, there are dozens of third-level subsidiaries..."
"Oh, by the way, Xiaoxiang, the largest shareholder of the three multinational mining groups, Vale, BHP Billiton and Rio Tinto, is also Pacific Capital under the name of the Dragon Fund. In other words, as long as I nod, the CEOs of these three multinational mining groups can be replaced at any time."
Yang Jing said so much in one breath, and then he grabbed the ice-cold beer and took a big sip. As for Gege and Guo Xiaoxiang, their faces were already dull and could not be duller.
After a long while, Guo Xiaoxiang finally let out a long sigh and said, "Oh my brother, if what you just said is not bragging, then I was dreaming."
Gege also came to her senses and pinched Yang Jing's thigh fiercely, causing him to scream. She murmured to herself, "It seems that you are not talking nonsense, and I am not dreaming."
"Nonsense!" Yang Jing rubbed the place where he was pinched, and said unhappily, "I have nothing better to do than to brag to you? To be honest, let alone you, even when I first learned about the situation of the Dragon Fund, I thought I was dreaming. But the facts are indisputable. This Dragon Fund, which is hidden deep under the surface and has never shown its true colors, is so terrifying!"
Guo Xiaoxiang shook his head and said, "Old Yang, if what you just said is true, then the assets owned by the Dragon Fund would be more than 5 trillion US dollars? The 820 billion US dollars of assets owned by the Abu Dhabi Investment Authority are like a child in front of your Dragon Fund, right?"
Yang Jing shrugged and said, "Although I can't believe it now, it is true. To be honest, I still don't know how much assets the Dragon Fund has, but 5 trillion US dollars is just the minimum..."
"Old Yang, how many shares of the Julong Fund do you own?"
"More than 85%, 87.5% to be exact. However, after I have complete control over the Dragon Fund, I may give the executives another 5% of the shares."
"Oh my god, you also control 82.5% of the shares of the Dragon Fund! This is an absolute controlling stake! Oh my god, brother, doesn't that mean you are the richest man in the world now?"
Yang Jing smiled bitterly and nodded, "To be honest, I have been thinking about who in this world is richer than me these days! But I really can't think of it..."