Chapter 708: Earning $500 Billion in One Year? The Unpredictable Chen Yansen!
How much wealth does Chen Yansen have?
Regarding this issue, not only domestic netizens want to know, but even overseas netizens are also curious.
According to the 2013 Forbes Global Rich List, Chen Yansen has a net worth of 98 billion US dollars.
At the beginning of this year, Pinbei was officially listed, and the media estimated that his net worth had exceeded 300 billion US dollars.
Regardless of the statistical caliber used, Chen Yansen is undoubtedly the world's richest man.
But netizens know that among the many subsidiaries of Senlian Capital, only Pinbei has been listed, and the other subsidiaries do not need to disclose their financial statements and equity structure to the public.
The exact amount of equity Chen Yansen holds and the current development status of his various projects are mostly a mystery.
Forbes magazine originally did not want to include Chen Yansen in the statistics, but then they thought, if they ignored Chen Yansen, what credibility would this global rich list have?
Therefore, Forbes magazine had to investigate everywhere. In order to estimate Chen Yansen's rough wealth value, it even hired a third-party investigation agency and financial auditing company to conduct a comprehensive review of all the businesses of Senlian Capital.
When the 2014 list was released, netizens were stunned.
The total wealth of Bill Gates, the former richest man in the world, is not even a fraction of Chen Yansen's.
When netizens click on the relevant link and jump to the official website of Forbes magazine, they can see the detailed data listed on the page.
Pinbei’s current market value is US$213.94 billion. Chen Yansen is the largest shareholder, holding a 74% stake worth US$158.32 billion.
Orange Technology is about to go public, and the valuation given by Hong Kong securities firms is US$240 billion. Chen Yansen holds 82% of the shares, which is worth US$196.8 billion.
Based on the assets of these two companies alone, Chen Yansen's net worth has reached 355.12 billion US dollars.
You should know that Bill Gates, who ranks second on the Forbes Global Rich List, has a net worth of only 76 billion US dollars.
Yunsu Express is valued at US$40 billion, but based on currently available information, it is impossible to determine Chen Yansen’s specific shareholding ratio, which is estimated to be between 60% and 70%.
Even if calculated at the lowest 60%, the value of this equity can reach US$24 billion.
DeepBlue Technology's valuation is US$94 billion;
Kuaipao’s valuation is US$38 billion;
Orange mobile phone factory 2.6 billion US dollars;
Amap: 1.8 billion US dollars;
Today's technology is worth $8 billion;
ByteDance's $7 billion;
Mimo: $12 billion;
Kuaidi Dache: 8.5 billion US dollars;
OFO bikes: 3.5 billion US dollars;
Orange paid $32 billion;
Star Source Technology: US$140 billion;
Tiangong Technology 46 billion US dollars;
In addition, Forbes magazine also calculated the value of companies such as Orange Garment, Xiaohongshu, Orange Supermarket, Orange Agriculture and Animal Husbandry Technology, and Orange Electrical Appliances.
The only problem is that they don't know how many shares Chen Yansen actually holds, and can only estimate the number based on previous financing reports.
However, this kind of "guess-and-go" calculation method is not rigorous in itself and naturally cannot produce accurate results.
In fact, the only companies directly held by Chen Yansen are Senlian Capital and several other investment companies.
As for the equity of other subsidiaries, most of them are controlled through proxy holding.
The outside world can't even determine which investment companies truly belong to him, so how can it accurately calculate the scale of his wealth?
However, in order to increase traffic and popularity, Forbes magazine still marked the figure of '601.4 billion US dollars' after Chen Yansen's name.
In other words, if you put the second to tenth place on the Forbes rich list together, their net worth is not as high as Chen Yansen's.
Li Ka-shing ranks 18th with a net worth of US$31 billion.
Ma Wenteng ranks 21st with a net worth of US$19 billion.
Ma Liyun ranked 67th with a net worth of US$14.8 billion.
There are 1,646 billionaires in the world, with an average net worth of US$4.1 billion and a total net worth of US$6.9 trillion, far exceeding the US$5.4 trillion in 2013.
Among them, Chen Yansen alone contributed 500 billion US dollars.
When Forbes magazine published the figure of "601.4 billion US dollars" in conjunction with Chen Yansen's name, the servers of global financial websites experienced a traffic peak almost at the same time.
When netizens around the world checked the list, they were stunned the whole time.
"Mr. Chen made 500 billion US dollars a year?"
"There are 1.4 billion people in China. If Brother Sen gave everyone 3.57 million US dollars, we would become a developed country in seconds!"
"Hey man upstairs, do you always like to sneak out to go to physical education class during math class?"
"To be honest, I usually have a bit of a hatred for the rich when I see others making money, but I really can't hate Brother Sen! He is indeed rich, but he is also really good to his employees."
"If I were your boss, I wouldn't even give you a penny for overtime, let alone the 'work four days, rest three days' benefits. If you want to work, work. If you don't want to work, get out!"
"I'm the same! When I was an employee, if my boss didn't let me slack off, I'd scold him. Now that I'm the boss, I'll scold anyone who dares to slack off!"
In the comment sections of Toutiao, Douyin, Kuaishou and Xiaohongshu, netizens expressed their opinions and discussed the matter enthusiastically.
What makes netizens feel most helpless is that although Senlian Capital has many recruitment positions, there are more people in China who want to join.
Every time a job is recruited, there are often hundreds of people competing for the same position, and the difficulty is no less than taking the civil service exam.
Everyone knows that the treatment at Senlian Capital is good, but you have to be able to squeeze in!
Domestic netizens were talking about it, and overseas netizens were also shocked.
Because for two consecutive years, the title of the world's richest man has been taken away by an Asian man named "Yansen Chen".
Bill Gates and Mexican telecom tycoon Carlos lost twice in a row.
Under the relevant video on YouTube, netizens in North America couldn't help but sigh: "With the speed at which Chen Yansen's wealth is growing, even Bill Gates can't catch up with him even if he rides a rocket."
"For the next ten years, the title of the richest man on earth will belong to Yansen Chen, and no one else can claim it!"
"Haha, you really believe that? There are actually at least thirty people richer than Chen Yansen, but would Forbes magazine dare to announce all of them?"
The questioning voices in the YouTube comment section quickly sparked greater discussion.
A British netizen echoed: "Don't be silly, the real top rich people will never appear on the list. They control banks, energy and media. Forbes is just a tool they use to divert attention."
This statement was quickly recognized by many people. Someone gave an example, saying: "The super-rich people in the Arctic Country have never appeared on the rich list."
Some people also speculated with certainty: "Chen Yansen may just be a 'puppet on the stage', and there are more powerful capital forces behind the scenes manipulating him."
The success of a genius can still be logically traceable, but the existence of an evildoer never makes sense.
In their view, Chen Yansen, who made 500 billion US dollars a year, was so abnormal that he didn't seem like a normal person at all.
On Facebook, more and more people began to use "illogical growth" to describe Chen Yansen's wealth trajectory.
Someone dug up the industrial and commercial information of Senlian Capital when it was first established in 2010 and discovered that this company, which initially had a registered capital of only 30 million yuan, had expanded into a business empire with a valuation of over 600 billion US dollars in four years.
This speed is three times faster than Microsoft during the Internet bubble period, and it does not conform to the normal cycle of corporate development at all!
It took Apple 25 years to break through the 100 billion US dollar market value, Google took 10 years, and Pinbei took less than three years from its establishment to its listing. This is too unscientific!
But behind this violation of common sense lies a business logic that most people ignore.
In an interview, a senior investment banker at Goldman Sachs broke down Sunlink Capital's expansion path and said bluntly: "It's not the linear growth of a single company, but rather the explosion of ecological synergy."
Pinbei's e-commerce business brings an average of over 30 million orders per day to Yunsu Express. Yunsu Express's logistics network reduces the shipping costs of Pinbei merchants, increases the scale of the industry, and thus forms an ecological closed loop of 'e-commerce → logistics'.
At the same time, Orange Pay provides payment support for Pinbei, and the accumulated user data can feed back to Pinbei, Kuapao and Orange Supermarket, so that the growth of each subsidiary can drive other businesses, and of course the speed is much faster than a single company.
More importantly, Senlian Capital has a precise grasp of the market trends.
In 2010, it entered the social e-commerce and smartphone industries, in 2011 it entered the private logistics industry and offline electronic payment fields, in 2012 it entered the lithium-sulfur battery and cross-border e-commerce businesses, in 2013 it got involved in chip design, and in 2014 it set its sights on the development of lithography machines.
It is worth noting that every layout of Senlian Capital is not an isolated single-point attack, but a coordinated operation around the upstream and downstream of the industrial chain.
But what they didn't know was that Chen Yansen had just obtained China's first business license for a private aerospace company.
at the same time.
At the gate of Jingzhao Yin, the lights were bright and the gate was filled with carriages and horses.
Ma Wenteng touched his chin and looked towards the intersection from time to time.
"This kid is really a monster!"
Xiao Ma Ge secretly complained in his heart.
He scoffed at the information published by Forbes magazine because it was too conservative.
Generally speaking, as a company goes from its establishment to its listing, the founding team's shareholding ratio, after being diluted through several rounds of financing, is considered good if it can maintain 30%.
However, Chen Yansen's control over his subsidiaries has reached an unprecedented level, with at least a 60% stake.
Looking across the country, only Ding Lei of NetEase can match him.
To achieve this level, three key requirements must be met: first, the project must have super strong profitability and be able to continuously generate high returns; second, the project development pace must be fast, and the listing goal must be achieved within three to five years; third, there must be no strong competitors that can threaten its position during the same period.
Take Ele.me and Meituan as examples. Although Zhang Xuhao and Wang Xin have good abilities, they happened to run into Pei Yi's gun.
Otherwise, these two companies might also be able to grow into top super unicorns in their respective fields.
Lei Yijun and Zhou Hongyi on the side looked at each other, then turned their heads away and snorted in disdain at the same time.
At this time, a black Maybach, protected by two Mercedes-Benz commercial vehicles, one in front and one behind, was slowly driving towards the direction of Jingzhao Yin.
(End of this chapter)
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