The richest person in Chinese entertainment

Chapter 348 Zhang Chen 400 Liu Yifei

Chapter 348 Zhang Chen = 400 Liu Yifei

"What were you talking about with Auntie just now?"

After Liu Yifei and Zhang Chen sent the guests off, she held Xiaohua and looked at Zhang Chen curiously.

Just now she felt that Zhang Chen and his aunt seemed to have mentioned her.

"Chat" Zhang Chen smacked his lips, "You?"

"Ah?" Liu Yifei blinked. "Talk about me?"

"Hmm." After thinking for a while, Zhang Chen turned to ask Liu Yifei, "Tell me, are you interested in becoming a shareholder?"

"Morning Light Group?" Liu Yifei looked embarrassed. "Forget it. I don't understand."

"It's not from the Morning Light Group, it's from Baidu."

"Baidu?" Liu Yifei said with disgust, "I don't want to work for such a disgusting company!"

Zhang Chen looked helpless as he looked at Liu Yifei who was showing resistance.

Baidu's current reputation has been suppressed too negatively by him and others. If he takes over before dealing with the image issue, a series of problems will indeed arise.

"You have to think carefully. This is the fastest way to achieve class leap."

"Class leap?" Liu Yifei tilted her head. "What class?"

"that is."

Zhang Chen wanted to explain what it meant to be promoted from an ordinary person to capital.

But then he reacted and seemed to feel from the bottom of his heart that capital was superior to ordinary people?
"What is it?" Liu Yifei asked when she saw Zhang Chen was stuck.

"It means you will have endless money to spend, everyone will respect you, and everyone will flatter you."

"I have enough money to spend." Liu Yifei looked puzzled, and then she was very disgusted, "It's just like a group of flies, so troublesome."

"Hundreds of billions! No one wants it even if it's given away for free." Zhang Chen muttered.

"Take the young master?!"

"Why, the little money-grubber is interested again?"

Liu Yifei touched her chin and said, "Am I richer than you?"

"No." Zhang Chen shook his head.

What a joke! If he is surpassed by someone with assets worth hundreds of billions, all his years of hard work will have been in vain.

"That's not interesting."

Liu Yifei just felt bored.

She has enough money to spend, and if being a shareholder of Baidu can allow her to surpass Zhang Chen, she would be more or less interested.

But tens of billions cannot exceed Zhang Chen's assets.
"Brother, tell me honestly, how much assets do you have now?"

Liu Yifei looked curious.

Not to mention her curiosity, even her good friends Shu Chang and Avril Lavigne were a little curious about how rich Zhang Chen was.

Many people are saying that Zhang Chen may be one of the richest people in China. However, since the companies directly controlled by Zhang Chen are not listed and do not need to release financial reports to the public, no one knows exactly how much money Zhang Chen has.

“That’s a good question. Let me think about it.”

Zhang Chen was really stumped by the question.

How much money does he have?
First, we have to count the stocks of several listed companies that he controls, which is more transparent.

Google is still in its rapid development stage and its stock price has been on an upward trend.

The stock price is currently around $310 per share, and he owns 5000 million shares, with a total value of $155 billion.

Penguin's stock price has fluctuated greatly this year due to the challenge from MSN, but it has basically remained stable at HK$6 per share. Zhang Chen owns 16.8 billion shares with a total value of HK$100.8 billion, equivalent to US$13 billion.

NetEase, currently trading at $70, has about 500 million shares worth $3.5 million.

Apple is the company that Zhang Chen has held for the longest time, but it is also the company that takes the longest time to develop. Its stock did not experience explosive growth until around 07, reaching $200 per share. After the crisis in 08, it reached around $12 in around 700.

However, Apple has split its stock twice, on February 2 this year, with a ratio of 8:2.
And then for the next 14 years or so, it was 7:1
In other words, Zhang Chen's original 9800 million shares, plus the 5000 million shares in the secondary market, became 2.8 million shares after the stock split. Based on the current share price of US$47, it is approximately US$131.6 billion.

Zhang Chen owns 50% of Pixar Animation's shares. The company's current market value is approximately US$70 billion, and Zhang Chen's shares are worth US$35 billion.

Morning Glory Music (United States), this subsidiary in the United States has completed its equity reform in July 03 and has begun preparations for listing after two years of development.

03年的净利润为8.4亿美元，04年景利润为15亿美元，05年两季度净利润10亿美元。

An Internet company with a clear upward trend in revenue generally has a price-to-earnings ratio of around 40 times, which means that its valuation is 40 times its net profit, and its total market value is approximately US$720 billion.

The shareholding ratios are:

Morning Light Music (China) 38%
CGT28.5%
Warner Music Group 9.5%
Universal Music Group 7.6%
Apple 5%
Sony Music Group 4.75%
Zhang Chen holds 6.65% of the shares
Zhang Chen’s personal shareholding is worth US$71.82 billion.

CGT is wholly owned by Zhang Chen. Chen Guang Technology, owned by Zhang Chen, holds 80% of Chen Guang Music (China). Therefore, Zhang Chen owns 30.4% of Chen Guang (China), which, combined with CGT's 28.5%, totals 58.9%.
In addition, Zhang Chen of Apple holds about 34% of the shares, so there is still 5% of the 1.7%.
The total direct or indirect shareholding of all Zhang Chens is 60.6%
Based on a valuation of US$720 billion, Zhang Chen's shares are worth US$436.32 billion.

Facebook, after a round of share reform, has the following share ratios:

Morning Light Music (Beautiful Country) 40%,

Zhang Chen's shadow company 30%,

BlackRock holds 10%
Sequoia Capital holds 8%
Zhang Chen himself holds 5% of the shares.

Penguin holds 4%
William holds 2%
In the case of Morning Light Music (USA), Zhang Chen indirectly holds 60.6% of the shares, plus 30% of the shadow company and 5% of the direct holdings, totaling 59.24%.
In addition, of the 5% of Penguin's shares, Zhang Chen owns 36%, equivalent to 1.8%
Total 61.04%
Facebook sold its 03% stake in 18 for a total of US$62 billion. There was a lot of water in this amount. In fact, based on Facebook's profits at the time, the company's entire valuation was only about US$100 billion.

However, after two years of development, with the help of Sequoia Capital and BlackRock, Facebook has become the world's largest social platform, with a huge amount of advertising revenue, annual profits of around US$8 million and a valuation of US$480 billion.

Then the stocks held by Zhang Chen are worth 293 billion US dollars.

As of March 05, CGT Video Player had over 3 million members, achieved monthly revenue of US$3000 million, net profit of approximately US$3.3 million, annual profit estimated at US$6600 million, and a valuation of US$8 billion.

The shares are:
Light: 40%
Disney: 15%
Warner Bros.: 12%
10th Century Fox: %
Paramount: 8%
Colombia: 7%
Universal Pictures: 6%
Zhang Chen's personal shareholding: 4%
William: 1%
Since Light is a personal investment company entrusted by Zhang Chen to William, Zhang Chen owns 99% of it, so Zhang Chen indirectly or directly holds 43.6% of the shares.
Therefore, Zhang Chen’s shares in CGT Video Player are worth $104.64 billion.

Excluding other domestic assets, the total value of the stocks held by Zhang Chen alone is US$1017.06 billion.

The portion of individual holdings floating on the surface is approximately $81 billion.

These companies will also be listed one after another in the next two years, and Zhang Chen's apparent assets will soon exceed 100 billion US dollars.

In fact, if Facebook had developed normally, its valuation at the beginning of its listing would have been around 140 billion US dollars. However, because Zhang Chen incubated it very early, and because it had no competitors and was supported and promoted by big-name celebrities from all over the world, this company that had not yet gone public was able to obtain such a high valuation.

The same is true for other companies. Morning Glory Music owns the exclusive digital copyrights to 90% of the world's music. Coupled with Zhang Chen's own influence and influence in the music industry, it has such a high valuation.

CGT video player also obtained exclusive digital video copyrights and is also a monopoly company.

Now I don’t know how many people are waiting for these three companies to go public, so that they can ride on these three rockets early to make their assets skyrocket.

In fact, for companies that have no shortage of funds for development, it is not particularly important whether or not to go public.

However, it would be tempting to make some profits when the stock goes public next year before the 08 crisis hits.

This is the company in which Zhang Chen holds shares.

There are also many companies under the Chenguang Group in China:
Morning Glory Technology, this company mainly holds shares in some of Zhang Chen’s domestic technology companies, such as Morning Glory Music.

Chenguang Real Estate, including the cinema, Chenguang Building, Chenguang Community, and the film and television city built during the filming of the TV series, were all constructed by this company. However, it has not yet officially entered the real estate industry and is mainly helping the Chenguang Group to acquire land.

Currently, Morning Glory Real Estate has acquired land across the country with a total investment of over 100 billion yuan, which is also Zhang Chen’s largest investment in the country.

The land prices in the core areas of these cities will soar rapidly in the next few years. After so many years of development, Chenguang Agency has expanded its cast to about 30 people with the expansion of "Chenguang Beyond Class".

Among them are the original Fan Bingbing, Li Bingbing, Wang Baoqiang, Shu Chang, Gao Yuanyuan, Zhang Yi and Luo Jin.

And several newcomers whose shows have not been aired yet but have basically signed with Morning Light Agency:
Yang Mi, Tang Yan, Tong Liya, Jiao Junyan, Zhang Xiaofei, Xiao Yang, Lei Jiayin, Sun Ao (Sun Yizhou), Zhu Yilong, Wang Chuanjun, Huang Bo, Shen Teng, Wang Luodan
Among them, Hu Ge had already signed a contract with Tangren, and he also brought Liu Shishi to Tangren.

Zhang Chen also sent Chen He, Zheng Kai and Wen Zhang out together. As for which company they signed with, he had no control over it.

Although the newcomers have not yet started to make profits for the company, the old employees can still bring in nearly tens of millions of dollars in revenue to the company every year, which is better than nothing.

Chenguang Entertainment is mainly responsible for the production and investment of film and television dramas. It basically produces three or four TV dramas every year. The film industry has not yet been fully launched, but it invests in more than 10 films every year and rarely suffers losses. Overall, under Li Xiaoping's operation, it can bring more than 3 million yuan in profits to the company every year.

Morning Music should have been Zhang Chen's largest cash cow in China, but due to Baidu's tolerance of piracy last year, the company is basically in a state of barely breaking even, but the value of the digital music copyrights it owns is difficult to estimate.

Chenguang Cinema: As of the first half of 05, Chenguang Cinema has 86 self-operated stores with 1032 screens, and 550 franchised theaters, accounting for 40% of the total number of screens in China.
This is also the second largest industry in which Zhang Chen has invested funds from overseas. The 86 cinemas are located in the core business districts of nearly 30 first- and second-tier cities.

In 04, the total domestic box office was 22.5 billion yuan. Since the Morning Glory Cinemas are located in core areas, they contributed about 15 billion yuan. Based on the profit sharing, they also earned about 7 million yuan. The other revenue from sales of beverages and snacks basically offset the employee salaries and expenses.

Chenguang Clothing, this company mainly designs and produces costumes for domestic film and television dramas, and also outsources the production of peripheral props for Hollywood movies.

Just from the Harry Potter series alone, the company brings Zhang Chen more than $1 million in net profits every year.

However, this is also because the copyright of the "Harry Potter" series is firmly in the hands of Zhang Chen, and Warner has to accept the outsourcing of the production of peripheral props.

Another is Pixar, which is controlled by Zhang Chen. Although he has no say in the company's affairs, it is still easy for him to produce movie-related products.

From Pixar's perspective, the price of producing peripherals in China is relatively low, and the company is happy to give this part of the profit to Zhang Chen, which is also a terrifying foreign exchange income.

Other major Hollywood studios, which have already established cooperation with Zhang Chen, have also begun to outsource some peripheral products to Zhang Chen's company for processing, especially Disney's animated films.

Currently, Disney wants to acquire Zhang Chen’s shares in Pixar, so they are inclined to outsource the production of peripheral products for their own animated films to Zhang Chen. Although the price is not as favorable as Warner, it is at least several times the profit.

There is no way. Things like plush toys are too cheap to produce in China.

A plush toy made of relatively high-quality fabric costs only a few dollars at most, including labor costs, but Disney can sell it for hundreds or even thousands of dollars.

Although it is impossible for M&G clothing to sell to Disney for tens of yuan each at several times the price like Warner's "Harry Potter", but based on European labor costs, it is still possible to make five or six times the profit.

This is the least noticeable but most profitable one among Zhang Chen’s companies.

Firefox, which currently has a transfusion from Google, has a fixed annual income of $2 million, and other miscellaneous sources can add up to $3000 million in revenue. It is also a company with terrifying growth potential.

"hiss--"

You don’t know until you calculate it. After Zhang Chen roughly calculated it in his mind, he was shocked.

"what happened?"

After the two of them sat back in the living room, Liu Yifei saw that Zhang Chen hadn't said anything, and was startled by Zhang Chen's cold breath.

"Didn't you just ask me how much money I have now?"

"correct."

"I was just calculating how much money I had."

"Does it take that long?"

Liu Yifei didn't believe it. Couldn't she just use her brain to calculate how much money it was?
For example, all her money is in NetEase stocks. All in all, she owns 300 million shares. Based on the current share price of $70 per share, her net worth is approximately $2.1 million, equivalent to about 19 billion RMB. She is definitely a wealthy woman.

This is also the main reason why she is not very interested in Baidu shareholders.

In addition, her albums on Morning Light Music can bring her about a few hundred thousand in income every year.

In addition, she usually eats and uses Zhang Chen's things, so she can't even spend hundreds of thousands of dollars every year, not to mention the nearly 20 billion in her stock account.

She had no worries about food and drink, she had everything she wanted, and she had more money than she could spend. It was no use for her to ask for more money.

"How much is your money?" Zhang Chen rolled his eyes, despising the little girl's "poverty".

Then he said with some emotion: "I have so much money that even I can hardly count it."

"About, roughly how much?"

After hearing what Zhang Chen said, Liu Yifei became more excited.

She had no idea under what circumstances the money would be so much that she couldn't even count it.

When she thought of this, she sat down on Zhang Chen's legs, holding Zhang Chen's shoulders and waiting for Zhang Chen's answer.

"Probably." Zhang Chen stared into Liu Yifei's eyes and scratched his chin uncertainly, "Hundreds of you?"

"Do you know how much money I have?" Liu Yifei widened her eyes.

"I know. My people helped you with the calculation."

"Then you're talking about hundreds of me?!"

"Yeah." Zhang Chen hesitated for a moment, but finally nodded.

"hiss--"

Liu Yifei finally felt the same way as Zhang Chen: "You made so much money without making any noise?"

"I don't know either. I just kept making money, and it became so much." Zhang Chen spread his hands, "I am helpless too."

It is indeed helpless. The more money you have in the early stage, the better. It will become a problem later.

"Don't be so ungrateful!" Liu Yifei rolled her eyes at Zhang Chen first.

Then he became a little worried: "I don't know how to spend 20 billion, how are you going to spend so much money? And now that you have so much money, why do you need Baidu?"

"Baidu, that's not about money." Zhang Chen shook his head. "As for how to spend the money, it's actually simple."

"I heard that men become bad when they have money. You are so rich." Liu Yifei looked Zhang Chen up and down, "Just look at the new people you have recruited in your company, especially your little fan girl Yang Mi."

"If I really had this idea, would I have to wait until now?"

"There is no best, huh~" Liu Yifei wrinkled her nose and raised her fist to Zhang Chen.

"Spend money!" Zhang Chen rubbed his forehead, "Headache!"

"Just now you said spending money was easy, now you say it's a headache."

“It’s easy to spend money, but it’s hard to spend it.”

"Is there a difference?"

“It’s a huge difference.”

Zhang Chen didn't explain the reason, and the little girl didn't need to understand.

But he had to think carefully about how to spend it.

Or, where to spend it.

To put it more bluntly, he will invest his money in a city or field where he wants to gain greater voice.

Originally, the Shanghai Stock Exchange was a good place, but it didn’t last long and couldn’t withstand his large investment.