As December approached, with the acquisition of two domestic and foreign medical research institutes, Si Mingyu was out of money.
Billions might seem like a lot, but the shares involved couldn't be sold due to a joint action agreement. Therefore, Si Mingyu only received around 50 million in dividends and profits from the three companies each year. And since Dongshen Wealth had to pay taxes on its income, the actual amount was lower.
How much money did Si Mingyu spend this year?
I bought two supercars for more than 26 million yuan, bought a car for the company for more than 10 million yuan, paid 3 million yuan for tuition for Mr. Fu's etiquette studio, bought three watches for more than 3 million yuan, and spent 5 million yuan on decoration of the new company and various expenses. I won't go into details about the other millions of yuan spent on miscellaneous things like buying clothes.
The deficit is about 28 million. If it weren't for the more than 1 billion in profits from Dongshen Wealth, Si Mingyu would almost not be able to survive.
But as soon as the money was received, he spent 250 million to buy an office and invested another 50 million in Tang Yan.
In the end, Si Mingyu left more than 24 million for himself, and invested the remaining 500 million in the Medical Research Institute.
If we are pessimistic, he will only have more than 14 million in his hands in the next year. How can he survive?
The only hope was whether the film Tang Yan starred in would be a big hit. Fortunately, even if it didn't turn out to be a hit, a little trickery to fake the box office would still allow him to earn more.
The company behind it is not short of money, but there must be a reasonable excuse to give the money to the hands. After all, reality is not fiction, and the flow of large sums of cash is impossible to leave no trace, so caution is required.
The newly integrated medical research institute was naturally named "East Asia Mingyu Medical Research Institute". The director was an industry leader hired at a high price, and the deputy director was the former head of the Fifty State Federation.
Although the Medical Research Institute is registered under the name of a pharmaceutical company, it is directly responsible to Si Mingyu, who promised to provide sufficient funding and not interfere with the research.
Although the head of the research institute was recruited through legitimate channels, he's actually a company employee, though he's unaware of it. Companies typically use the national security banner for their covert operations. Therefore, there's absolutely no problem coming up with a new drug within four years. Then, expect to reap the rewards.
The problem at hand is that the Chinese New Year is coming soon, and Si Mingyu is thinking of buying a house for his aunt and uncle after returning to Xijing, but looking at the balance on the card, he is so poor.
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When others become super rich, they buy the sky, the earth, and the air, but he still has to calculate how he spends his money.
Although he spent a lot of money, it was actually all for the purpose of establishing his personal image. Si Mingyu himself basically did not spend money recklessly, which was related to the corresponding education he received after he became rich.
Mr. Fu's etiquette and Mrs. Zeng's history were more than just superficial. They primarily taught Si Mingyu the principles of conduct and work. Li Shijianing seemed to spend money on shopping, sightseeing, and eating and drinking every day, but in reality, she was subtly cultivating his lifestyle.
Why did they assign these teachers to Si Mingyu in the first place? Because he was just a college student after all. If no one supervised him or taught him, he would easily go astray. After all, the company had high hopes for him.
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As the office was renovated and the company got on track, Si Mingyu would usually come here in the afternoons when he had no classes. He would either study international trade with Xiao Shixian or finance with Bian Guohai. Not to mention how proficient he had to be, at least he would not be cheated when doing business with others in the future.
The phone on the table rang. I picked it up and saw that it was the manager of the Patek Philippe Yuandi store calling.
"Has it been delivered? Then I'll go over now."
I had asked my manager to help me find a watch worth around 10 million yuan, and I finally settled on the Grand Complication 5002R rose gold model, priced at 8 million yuan. The design was very much to Si Mingyu's liking, so I ordered it, and now it's been delivered.
The Maybach drives very smoothly.
The car's performance was certainly excellent, but Wan Chongshan's strong driving skills also played a significant role. It was said that while in the army, he had driven routes across both high-altitude and mountainous terrain, so navigating Shanghai's excellent roads was no problem.
Lin Shirui, who was sitting next to Si Mingyu, was wearing a small Pudala suit and looked even more beautiful than she was a few months ago.
Her current hairstyle and clothing are all designed by a friend recommended by Tang Yan. As a stylist specializing in serving celebrities, he uses top-notch products. How can he be better than Mr. Tony who lives downstairs in the rental house?
Speaking of renting, Lin Shirui and Lily moved to a more convenient location in the city, cutting their commute time in half. Although the rent was double what it was before, it was no longer a big deal for her current income.
As Si Mingyu's personal assistant, Lin Shirui earned a 15% salary, five social insurances and one housing fund at the highest level, a 100,000 yuan annual clothing allowance, and a company-provided car. Even among Shanghai's elite, this income is considered high.
With such excellent conditions, Lin Shirui began to have suitors around her, but she ignored them all because she would subconsciously compare Si Mingyu with those suitors, and then nothing happened.
In terms of appearance, Si Mingyu, after so much training, could reach an eight out of ten. In terms of manners, Mr. Fu's inculcation of etiquette had made elegance a habit. In terms of knowledge, what you're discussing is merely the daily life of others. And all of this presupposes, forget about money.
If you stay around outstanding people for a long time, your eyes will naturally become more picky.
When Si Mingyu's car arrived, the service consultant guarding the door immediately notified the manager, and then the manager led people to line up to welcome him as quickly as possible.
For big customers, managers need to give them the highest courtesy, even if it is for the sake of high sales commissions.
"Mr. Si, please come in!" The manager took the lead, and all the store employees bowed in unison.
"Thank you for your help." Si Mingyu nodded and walked into the store.
There were still a few customers in the store at that time. When they saw the manager and his staff invite a young man into the inner room in such a high-profile manner, they immediately stopped to watch.
There was a shop assistant guarding the door to the inner room so there was no need to worry about being disturbed, so there was no need to close the store for reception and simply offend other customers.
On the table was Patek Philippe's iconic wooden watch box. After the manager went up to open it, the watch worth eight million appeared in front of several people.
A watch at this price is already the best that ordinary rich people can get. The annual production of limited editions worth over 10 million is only in the single digits, and global distribution orders are scheduled for several years later. People without status cannot get it, at least Si Mingyu’s current status is not enough.
Out-of-print pieces are even harder to come by. Even if collectors want to sell them, they will most likely appear at auctions, often with a very high premium.
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