The richest person in Chinese entertainment

Chapter 501: Wealth Soars, Press Conference Begins

The influence of the Spring Festival Gala continues.

Some people are happy to see Zhang Chen ascend to the "altar", while others are jealous of Zhang Chen's continued rise in status.

The only difference between the two is.

The former are the people around Zhang Chen.

The latter are those who were squeezed out of the market by Zhang Chen.

Some are from the entertainment industry, and some are from the business industry.

In the process of expansion, the Morning Glory Group naturally offended some leaders in various industries.

There are people who have been "accidentally injured" by Zhang Chen in the fields of Internet, real estate, media, finance, etc.

However, these people also gained some benefits from the expansion of the Morning Light Group.

It's a process of making the cake bigger. They don't eat much, but they can always get some benefits.

It’s just that some people have lost their position as the “leader” in the industry and are unwilling to accept it.

But in a certain area, Zhang Chen was plundering directly like sucking bones and blood, without any mercy.

From the moment the Grammy night began, it was more beautiful than the opening day on Wall Street.

Ten days have passed since that day.

The stock prices of several listed companies in which Zhang Chen holds shares have doubled again and again.

All of this was achieved by absorbing retail investors from original listed companies.

So there was a strange scene on Wall Street.

The stocks of other companies are either sluggish or continue to fall.

Only the stocks of a few listed companies, led by Morning Glory Music, were hyped up.

In ten days, the share price of Morning Glory Music has soared by 57% to a terrifying $71.9 per share, with a total market value of $898.825 billion.

This market value has far exceeded the company's normal stock price.

The price-to-earnings ratio is about to break 80.

In other words, based on Morning Glory Music's current profitability, it would take 80 years to earn enough to cover the company's current market value.

This is far beyond the normal valuation of a listed company.

However, the market's enthusiasm for Chen Guang Music has not only not declined, but has continued to rise after Zhang Chen invited dozens of world superstars to perform on the same stage on China's Spring Festival Gala.

This is also because the original shareholders' shares are still in a freezing period, so there are not many shares circulating in the market, making it difficult to get one share.

Several other companies in which Zhang Chen holds shares, such as Facebook, Disney, and CGT Player, have all seen outrageous increases.

Just based on Zhang Chen's 4.9875% stake in Morning Music, Zhang Chen's net worth has reached US$45 billion, enough to rank 126th on the world's rich list.

You should know that Zhang Chen owns stocks of three other such companies.

If this trend continues, some institutions predict that Zhang Chen will be among the top three in the world's richest list by the end of the year.

That is a total wealth of about 300 billion US dollars.

All these changes happened in just 10 days.

The media reporters waited and waited, just to wait for the seventh day of the Chinese lunar calendar.

Every day of waiting is torture for them.

As Zhang Chen's wealth continued to grow, the media's desire to interview Zhang Chen grew stronger.

Even during the first few days of the Chinese New Year, the continuous "explosions" in the city did not cause some media reporters who had already developed PTSD from such sounds to return home.

The noise of fireworks and firecrackers caused many reporters to make jokes in the hotel, but they still waited patiently until the seventh day of the lunar calendar.

The largest conference hall in the Morning Light Building was packed with people.

The two-story conference room is usually used when the group’s employees hold annual meetings.

Now there are media reporters from more than a hundred countries around the world who want to enter.

The Morning Glory Group had no choice but to use this conference hall, which was only used a few times a year, for thousands of reporters.

It was less than 9 a.m. and the conference hall was already packed with people.

The status of each media outlet can also be seen from the positions of the reporters.

For example, some of the top domestic institutions, such as Shaozitai, Xinhua, and Renmin, are absolutely in the center.

In addition, M&G’s own CGT New Media, Penguin, NetEase, Baidu and other companies also occupied the front row center position.

Beyond that, there is the world’s mainstream media.

These media outlets are exactly the same as those that appeared at the Grammy Awards.

They have not returned to their country at all, but just want to continue to rely on their status in the world journalism industry to occupy the best position.

The purpose is to get to know the most noteworthy person in 07 - Zhang Chen.

As everyone debugged the equipment again and again, they went to the toilet again and again.

The time finally arrived at ten o'clock in the morning.

The main door of the hall was opened with great effort by four staff members.

The person that everyone had been waiting for for a long time entered the hall surrounded by a group of people.

Everyone stood up subconsciously.

But they didn't dare to step forward, fearing that their actions would disrupt the normal press conference.

Everyone stared at Zhang Chen intently as he walked through the middle aisle, passed by them, and went up to the podium.

"let's start."

Zhang Chen unbuttoned his shirt, sat down on the sofa, and nodded to Xue Yining who was standing beside him.

This behavior left the reporters stunned for a long time.

In the past, at press conferences, wasn’t there always a table in front of the stars filled with microphones from various media outlets?
There is only a sofa on the table now.

Zhang Chen was the only one seated.

More importantly, there was no microphone in front, only the microphone in Zhang Chen's hand which was connected to the audio equipment in the conference hall.

How could the thousands of reporters on the scene clearly record every word Zhang Chen said?

"Why?" Zhang Chen asked curiously, "Didn't a lot of people say they wanted to ask me something?"

Only then did the reporters come to their senses from their daze.

It’s good enough to be able to interview, how can you ask for anything else?

The next second, thousands of hands were raised high.

Some reporters even stood up, as if they were afraid that Zhang Chen couldn't see them.

"It's the pretty girl standing on the chair."

As soon as Zhang Chen finished speaking, everyone turned their heads abruptly to look in the direction Zhang Chen was looking.

At the back of the tenth row, a little girl with a red face climbed down from her chair in embarrassment.

Pooh! shameless!
Bah! How shameful!

Everyone complained in their hearts.

But they were unwilling to accept that the first question at today's press conference was snatched away.

Judging from Zhang Chen's way of "proposing people", authoritative media may not necessarily get the opportunity to ask questions.
All the reporters began to think about it in their minds.

But his eyes never left the young reporter, waiting for her to ask questions.

"I want to ask Zhang Chen, are you and Liu Yifei brother and sister, or..."

The female reporter held her hands in front of her chest with a crazy look on her face.

I didn't say all the words, but those who understand will understand.

Everyone at the scene, including Zhang Chen, rolled their eyes.

The anticipation was in vain!

The reporters thought that this young reporter, who was smart and had grabbed the first right to ask questions in such an unexpected way, would be able to ask some questions that would surprise everyone.

As a result, this is it?
This is not a question Zhang Chen would answer.

I can only say that everyone who understands will understand.

As expected, Zhang Chen looked at the female reporter speechlessly and said directly, "Next."

answer?

Too lazy to answer.

He is different from other stars. Other stars will usually say a few polite words and try their best to answer every question.

But when he answered reporters' questions, his attitude was always "You ask, but I may not answer."

What if someone questions him for avoiding the problem?

You can question him, he won't lose any money anyway. But if you dare to "help" him answer the questions and publish a report based on your own imagination, you will have to wait for the government to pay you.

The legal department of the Morning Glory Group had already made its mark in the battle with Baidu.

Being the best legal officer in China is not just an exaggeration.

It was tried out by the "lucky ones" who liked to get "free food and accommodation" inside the wall.

But the female reporter obviously had not heard of the "glorious deeds" of the Morning Glory Group, and she stretched her neck to continue asking questions.

But she was pulled back by a photographer who was in his early thirties beside her and pressed firmly into the seat.

"You are crazy!"

"What? He hasn't answered my question yet!"

"Just wait and pack your things and go home!"

The photographer was too lazy to talk to the little girl who treated today's press conference as a gossip scene.

Sure enough, people who come in through the back door all have some problems.

Don't even look at who is on the stage.

How can a small reporter like you gossip about this?!

Besides, an opportunity to make his newspaper famous was ruined by this woman.

Even if this was an opportunity she fought for herself, her boss would probably hold a grudge against her.

The female reporter was still not convinced and wanted to argue.

But the photographer simply grabbed the notebook in her hand and physically blocked her mouth.

After finishing, he still glared at her and asked her to look not far away.

There are already security guards heading here.

He didn't want to continue to embarrass himself with this guy.

"Okay, next question."

Zhang Chen on the stage continued to remind.

No one else cared about the little incident just now.

But Zhang Chen's second reminder led to another strange scene at the scene.

"You guys." Zhang Chen looked at the audience, his tone full of helplessness, "It's not necessary for everyone to stand on the chairs, right?"

"what?"

"a ha ha ha."

The reporters turned around in confusion, only to find that everyone was standing on their chairs with their hands raised.

Looking around, everyone was holding the handle carefully with the other hand raised high.

He was afraid that he would fall, and also afraid that Zhang Chen would not see his hand.

original
Did you all think alike?

Everyone smiled awkwardly and climbed down embarrassedly, just like the female reporter they had just complained about.

But his eyes were fixed on Zhang Chen on the stage, wanting to see who would be called this time.

"Forget it, to save you from having to climb onto the chair again, just go for the first person who raised his hand."

The view from the stage was very broad, and he directly pointed to the one who gathered first among the thousands of hands.

Not in the front row, but a reporter in the corner.

Judging from the work badge, it’s not a well-known media outlet.

This time, the authoritative media people in the front row were numb and heartbroken.

It seems that today is going to be a tough battle.
Zhang Chen didn't give any face to these authoritative media at all.

However, they did not dare to say anything, but secretly encouraged their old arms and legs in their hearts.

At the same time, I was a little scared, but fortunately I brought interns to carry the equipment.

Otherwise, with these "old guys" who are only around 40 yuan per person, they may not be able to compete with other young people.

While everyone's attention was focused on the corner, the authoritative media in the front row had secretly completed the handover of work.

Young people who had just graduated from college and still had ignorance and innocence in their eyes were assigned the task of asking questions.

These people were anxious because they didn't know what to ask.

How about listening to what others are asking first?

Panic and helplessness mixed with ambition prompted them to prick up their ears and listen to the second question of the day.

"Zhang Chen, according to the calculation of authoritative institutions, your current personal wealth is close to 300 billion US dollars. With such a huge fortune, will you fade out of the front line and start your retirement life early?"

This reporter's questions were much more serious.

This is also the question that many reporters present wanted to ask.

But when the number "300 billion US dollars" resounded throughout the venue, everyone couldn't help but be shocked.

Yes, so much money!
If it were them, even a fraction of that would be enough to ensure they never have to worry about food and clothing in this life, or even the next life.

Work?

Isn’t the purpose of work to make money?
Isn't the purpose of making money to be able to lie down better?

Now that Zhang Chen is so rich, he still works hard to be on the front line.

What's the purpose?
This is the core of the issue.

“I’ve actually been thinking about retiring since my debut.”

Zhang Chen had just finished answering when a suppressed exclamation came from the audience.

Although Zhang Chen’s answer is in line with the general public’s thinking, isn’t it a bit too early?
Did you start thinking about lying down when you just debuted?
Then these ten years
Everyone stared eagerly at Zhang Chen on the stage.

They knew that there must be something else going on with Zhang Chen.

Sure enough, Zhang Chen spoke again.

"What I'm going to say next might be quite shameless." Zhang Chen gave a warning with a smile.

“But along the way, so many people have had better lives because of me.

As long as the group's employees work hard, they don't have to worry about their future lives.

Because I provide them with free houses, the best benefit.

Although the work is not easy, there is a reward for your efforts and hope for your hard work.

This is my hope for everyone in the group.”

Many people within the group who heard this couldn't help but nod their heads.

Throughout China, the work of the Chenguang Group has long become one of the highest standards that mothers-in-law use to choose sons-in-law.

Sometimes, the "iron rice bowl" is slightly inferior to the jobs in Chenguang Group.

Because the former's promotion is complicated, while the latter is relatively simpler.

The simplest hurdle of age is not something the former can compare to.

Sometimes the former are not old enough and it is impossible for them to climb to a high position.

But it’s different with the Morning Glory Group. As long as you have outstanding abilities, you can become a senior executive even if you have just graduated from college.

For example, Xue Yining, the chairman’s assistant who just graduated and is now the group’s invisible second-in-command.

This position has never changed despite the continuous expansion of the group and the influx of outstanding talents.

Although Xue Yining's experience is a "myth" to many people, it is undeniable that Xue Yining's deeds are the goal that young people in the group strive for.

"And now the Grammys have given me such an important trust."

Before Zhang Chen finished speaking, the reporters in the audience suddenly stood up.

"Zhang Chen, Zhang Chen, tell me about the Grammys!"

"Zhang Chen, we really want to know what the future of the Grammys will be like!"

“Can you tell me what the direction of world music will be after you take over the Grammys?”

"Zhang Chen, what do you think of music from other regions?"

"Zhang Chen, can you tell me what changes Chinese songs will have in the world in the future?"

"Zhang Chen."

The scene was noisy.

It’s not that the reporters don’t want to be quiet, but they are afraid of missing out on this topic raised by Zhang Chen himself.

Because this is one of the main purposes of their visit today.

Tonight’s main dish is finally here!