Hollywood Hunter

Chapter 436: underestimate

35 billion dollars!

This is the 1991 personal net worth figures of Simon Westero given by Forbes magazine.

Careful people can easily find that compared to last year's 21 billion US dollars, the 14 billion US dollars in wealth appreciation is exactly equivalent to Simon's acquisition of the former MCA and Bell Atlantic for a total of 14 billion US dollars.

However, the explanation given by Forbes magazine is not the case.

The increase in wealth of US$14 billion is mainly due to the one-year stock price growth of Westeros’s shares of Microsoft, Intel, Oracle, SUN and other companies, and the two companies that have just gone public in recent months, AOL and Cisco, have brought Simon Personal wealth.

Among them, only AOL, which holds 65.4% of shares after the IPO, and Cisco, which holds 50.1% of shares, have contributed a full US$10.3 billion in wealth to Simon according to the market value of the two companies in the "Forbes" statistical cycle.

Because of the hot sales of Windows 3.0, Microsoft's stock price has doubled in the past year.

Westeros' shareholding in Microsoft has also directly increased from about 10% last year to 21.3%. Based on the Forbes statistics of Microsoft's $12.5 billion market value, this part of the stock once again contributed $2.6 billion to Simon's wealth.

Westeros' shareholding ratio in Intel has also increased to 15.6%. According to Forbes, the market value of Intel is $10.5 billion, and this part of the stock contributes $1.6 billion to Simon.

Taken together, Westeros holds four stocks in AOL, Cisco, Microsoft and Intel, with a total value of $14.6 billion. For other technology companies such as Oracle, Sun, and Silicon Graphics, the combined book market value of Westeros shares also exceeds US$2 billion.

Of course, these stock wealth actually have to be subtracted from last year's original basis, which is the value of appreciation in the past year.

As for the MCA and Bell Atlantic, which Simon has acquired, they are basically used to offset the liabilities of the entire Westeros system.

Anyone with a discerning eye can see that with the Gulf War at the beginning of this year as the demarcation point, the U.S. stock market experienced a very obvious bottoming out. Simon's purchase of MCA and Bell Atlantic was a very sophisticated bargain hunting.

Even if the two companies are now delisted, the value of MCA and Bell Atlantic is definitely not as good as the $14 billion at the beginning of the year.

What's more, according to "Forbes" calculations, the Westeros system's corporate growth statistics in other fashion, technology and other aspects are very vague.

Finally, there is Cersei Capital, which is difficult to bypass. According to some rumors in the industry, Cersei Capital once again made billions of dollars in profits through oil futures and stock index futures before and after the Gulf War.

Although Simon Westero himself owns only one-third of Cersei's hedge fund Cersei Fund Management Company, it is still a very objective wealth.

In addition, the most critical Daenerys entertainment.

"Forbes" magazine valued Daenerys Entertainment last year at 8 billion U.S. dollars. This year, with the merger of Daenerys Entertainment and MCA, the company's net assets are no less than 15 billion U.S. dollars. Last year’s acquisitions added billions of dollars in debt, but Daenerys Entertainment is clearly different from the troubled Time Warner.

No matter how conservatively estimated, the market value of Daenerys Entertainment will not be lower than the company's net asset figures.

All in all, unlike the controversies of previous years, when Forbes released the new annual list of the 400 richest people in the United States, the mainstream media in North America and overseas generally believed that this time, Simon Westero's personal wealth was obviously underestimated. .

Some people even wonder if Simon Westero has reached some agreement with the Forbes Group in order to make his personal wealth appear less ‘dazzling’.

Many wealthy people in the West actually like to keep a low profile. However, in terms of personal wealth, everyone is relatively calm and believes that wealth represents a kind of glory.

Normally, no one can communicate with the media to reduce their wealth estimates.

But it is only under normal circumstances.

Simon Westeros cannot be regarded as a normal guy by himself.

In the face of media suspicion, Forbes magazine expressed firm denial and stated that this wealth statistics may be controversial due to the complexity of Simon Westero’s personal asset portfolio, but the overall result is relatively accurate.

The "Forbes" list has been running for such a long time, and the credibility is still sufficient. Other media such as "Fortune" magazine have also launched similar statistics, and they have not caused any threat to the "Forbes" list.

Therefore, even if there is a dispute, since the number has been released, Forbes will definitely not modify it, and the media and the public will only use this number as a reference.

Probably even after many years, someone reviewing the previous lists of "Forbes" and looking at the data in 1991 will only see the figure of Simon Westero’s personal wealth of 35 billion U.S. dollars. The controversy that year must have been long ago. forget.

After Simon's top spot without suspense, the subsequent rankings of this year's list have also changed greatly.

John Kruger, also a media industry tycoon, still holds the second place on the list, with a personal wealth of US$5.9 billion, basically the same as last year.

Bill Gates occupies second place on this year's list, with a personal wealth of $5 billion.

"Forbes" magazine specifically commented on this. After the transfer of 5% of Microsoft shares to Westeros last year, the door students who received a huge amount of cash bought luxury homes in New York and San Francisco, and also added a Gulfstream Private The plane finally has the style of a super rich.

However, the "Forbes" commentator said that the stocks sold by Damen students last year have increased by 300 million US dollars in just one year.

In other words, Damen students actually lost 300 million US dollars.

If Microsoft's stock price continues to grow, this 5% loss may be even more in the future. So did Paul Galen, who also transferred 5% of Microsoft shares.

Following Bill Gates, from fourth to eighth, all five positions are occupied by the Walton family whose wealth has been evenly divided. Sam Walton and his four children have a wealth of 44. One hundred million U.S. dollars.

In the past two years, some media said that the real richest man in the United States should actually be the Walton family. However, since this year, the media has no similar arguments. The total wealth of the five Waltons is only 22 billion US dollars, which is 13 billion US dollars less than Simon.

Warren Buffett, chairman of Berkshire Hathaway, ranks ninth with a personal wealth of $4.2 billion this year.

Pittsburgh's steel tycoon Henry Hillman ranked tenth, but his personal wealth dropped directly to $3.3 billion.

Based on this list, it is not difficult to find that, in addition to Simon and Gates, most of the top ten on the Forbes rich list this year are traditional rich people who are known for their stable industries, even John Kruger, through years of accumulation. Just have the current wealth.

Affected by the continued economic downturn and debt crisis in recent years, the rich and powerful people like Sam Redstone and Ron Perelman who have also appeared on the list in the past few years, who are good at high-debt operations, have fallen out. The top ten position on the list.

However, on the other hand, the total wealth of the 400 top richest Americans is still showing an upward trend.

400 rich people, this year's total wealth is 317.3 billion US dollars.

So it is not difficult to see another point, the 400 top rich have a total wealth of US$317.3 billion, of which only Simon owns US$35 billion, accounting for 11%.

Compared with other rich people on the list, Simon's personal wealth, whether it is the amount of assets or the speed of appreciation, has clearly shown an outstanding posture.

Because Simon's personal wealth is mainly concentrated in media and technology, with the release of this list, the media and technology sectors of the US stock market have clearly seen a wave of rise.

In the past few years, many investors have been eager to invest capital in Hollywood because of Simon's fortune in Hollywood.

The layout of several major studios in Hollywood has changed because of Simon.

However, after all, the threshold of Hollywood is not easy for everyone to enter.

The emergence and closure of a large number of Hollywood second- and third-tier film companies in the 1980s proved this point.

however.

In the field of technology, especially the emerging Internet industry, the threshold is obviously not so high anymore.

Just a few days after the "Forbes" list was released, the White House also responded to the "Information Superhighway Act" secretly promoted by the Westeros system. A White House spokesperson stated at a regular press conference that the president had already read the relevant bills. , And held a special meeting with cabinet members to discuss the feasibility of the bill.

Although the White House has no legislative power, the president can sign executive orders that also have legal effects.

Moreover, if you can get the assistance of the White House, especially the Bush family who has a solid background in Congress, many bills will pass Congress's deliberation more smoothly.

However, the media also understand that the White House cannot help the Democratic Party to promote an important bill involving hundreds of billions of dollars in industrial output. If Bush and his team are optimistic about the prospects of the Internet industry, they are more likely to introduce similar bills that they drafted themselves.

George Bush has already received too many attacks that do not care about internal affairs. In fact, he also needs to push for a bill that is closely related to the domestic economy.

In any case, the White House responded to the "Information Superhighway Act", which is a very positive signal.

The investment trajectory of the Westeros system in new technology is also simple and clear. Therefore, in a short period of time, countless capitals have begun to target the Internet industry.

Simon was in Italy when this year's "Forbes" list was announced.

However, because of the announcement of the wealth list in North America, there is still no apparent disappearance.

In recent years, many media have marveled at Simon's turning out, and they have never lacked criticism and questioning the news of this young man.

However, just as the small waves caused by Matthew Broderick and others did not affect Simon in the slightest, most of the media's criticisms of him, Simon did not know at all, and did not bother to pay attention.

With the release of the new annual list, corresponding criticisms and doubts have increased as usual.

The most controversial issue should still be the question of how to spend such a huge wealth of Simon Westeros.

In recent years, the operation of the Simon & Janet Westeros Foundation has been very active. However, because Simon’s personal wealth is too large, some media believe that Simon’s investment in charity is still too low, even as usual There is also the statement that Simon's tens of billions of dollars of personal wealth should belong to the entire society.

Many rich people have humbly stated in the media that they are just a ‘custodian of wealth’.

Probably because there were too many similar views, some people believed it, so they began to call on Simon Westeros in the newspaper to return the wealth of society to society.

For similar news, Simon didn't want to read it, wasting time.

As a housekeeper, Janet works in private and maintains the public image of her own man. Therefore, women basically collect negative news about Simon, and occasionally ask George Norman to send out some lawyer letters or indictments.

However, women will habitually roll their eyes when they see similar news.

In addition to persuading Simon to give back to the society, there are also a large number of donations.

These days after the "Forbes" list was released, Janet received a lot of similar donations every day. Most of them are definitely ignored.

Finally, and probably the thing that bothers Janet the most, is the confession.

For several years in a row, Simon's life experience has always been the focus of media attention.

There are even some people with different ideas who set up an investigation team to help Simon find his relatives, obviously trying to make a fortune after helping Simon find his parents.

Over the years, several couples suspected of Simon Westero’s parents have been repeatedly hyped by the media, and these people generally did not give up their plans to recognize Simon’s son.

With the release of the "Forbes" list, a couple once again jumped out and appeared in the media tearfully hoping to get Simon's approval. They sternly stated that they didn't ask for anything but only hoped to find their son.

Some media also fear that the world will not be chaotic.

For dealing with this kind of thing, Simon and Janet have already had a plan to turn things into a farce.

When someone ‘popularizes’ asks for confession, Janet will arrange for someone to do the same in private.

The people's eyes are sharp.

A lot of people jumped out and wanted to be Simon Westeros father and mother. Isn't this a farce or something?

Therefore, once this happens, things will basically stop.

This year, it doesn't stop.

Because a couple arranged by Janet suddenly publicly admitted that they did so by collecting money.

Of course, Janet would not be so stupid as to make arrangements in person, and they would do such things through a large circle of middlemen. Even the couple who jumped out could not know whose money they received.

However, this kind of thing is obviously hard to beat the imaginative media.

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