My son is a reincarnated soul; I overheard his inner thoughts and became the richest man.
Chapter 89: The New Richest Person in China is Born!
Looking at the final closing price displayed on the electronic screen, Zhao Ya took a deep breath, her eyes somewhat glazed over.
"Three billion US dollars...that's over 24 billion RMB. Our company is actually worth that much?"
Lin Wan stood beside her, equally unable to hide her excitement: "Yes, thinking back to when the company was first established, who could have imagined that it would be like this today? It's like a dream."
"This isn't just a dream, it's a dream come true!"
Zhao Ya excitedly counted on her fingers, "Sister Lin, today's closing price is $21.6, and our options..."
"I have 0.5%, which is 15 million US dollars. Converted to RMB, that's over 100 million!"
"Oh my god! I'm a billionaire?!"
Zhao Ya covered her mouth, completely stunned.
Billionaire.
This word, which once only existed in news reports and novels, has now actually fallen on my own head.
Not only Zhao Ya, but also Xu Shiyao, Xu Kai and other executives next to her were silently pressing the calculator in their minds.
I don't know, I was taken aback.
Even Xu Shiyao, who holds the smallest percentage of shares, has 0.2% of stock options worth more than six million US dollars, which is close to fifty million RMB.
In this day and age, that amount of money is enough to buy a building in Shanghai and live comfortably for generations.
Everyone's breathing quickened, and their eyes were filled with gratitude and admiration as they looked at Chen Feng.
"Sister Lin, you own 1.5% of the shares."
After regaining her composure, Zhao Ya exclaimed again, "Then your net worth is... forty-five million US dollars? More than three hundred million RMB?"
Lin Wan smiled calmly and nodded gently.
Then, her gaze fell on Chen Feng, who was surrounded by the crowd in the center.
Even after multiple rounds of financing and dilution, Chen Feng still firmly holds more than 51% of the equity in Fengtian Technology.
Based on today's closing price, his shares are worth as much as $1.5 billion!
12 billion RMB!
This is just the net worth of Fengtian Technology alone.
If we include Legend Network and Windspeed Electric Vehicles, this number would likely be even more staggering.
At this moment, Chen Feng's heart was also filled with turbulent emotions.
The myth of wealth creation in the capital market is indeed well-deserved.
While hard work in manufacturing is reliable, the speed at which wealth is accumulated cannot compare to raising money through an IPO.
No wonder countless entrepreneurs are eager to go public.
The thrill of watching the numbers in your account grow exponentially is truly captivating.
"Chen, congratulations! This is a great victory!"
Jason walked over, holding a glass of champagne, his smile brighter than any flower.
Wang Jun, Xiong Xiaoge, and representatives from Sequoia Capital all gathered around to offer their congratulations.
Fengtian Technology surged 29% on its first day of trading, making every investment institution present a fortune and bringing joy to everyone.
"Mr. Chen, at this rate, once this year's rich list is released, you'll undoubtedly be the richest person in mainland China," Wang Jun joked.
This 120 billion yuan in paper wealth alone has already left last year's richest person far behind.
Chen Feng took a sip of champagne and waved his hand modestly: "It's all just empty titles. Whether I'm the richest man or not doesn't matter. Doing a good job with the company is what matters."
Upon hearing this, everyone gave a thumbs up, expressing their admiration for his composure in the face of both honor and disgrace.
......
The news was simultaneously transmitted back to China from across the ocean.
Fengtian Technology instantly dominated the front pages of major financial media outlets.
Fengtian Technology debuts on Nasdaq, with market capitalization exceeding $30 billion on first day!
A Wealth Myth is Born: Chen Feng's Net Worth Soars, He's Poised to Become China's New Richest Man!
"Wealth Creation Machine: Fengtian Technology Creates Several Billionaire Executives!"
These bombshell reports, like depth charges, have stirred up a storm on the Chinese internet.
Discussion forums and BBS sections exploded instantly.
"Holy crap! 30 billion US dollars? Am I seeing things? How many zeros are in that?!"
"It's confirmed! Chen Feng's net worth is definitely that of the richest man in the world! His shares in Fengtian Technology alone are worth 120 billion yuan, plus his legendary daily income of making a fortune, who can compare?"
Just as netizens were reveling in the astronomical wealth, a post titled "Let's take a look at the employee benefits of Fengtian Technology" suddenly went viral.
The poster claimed to be a family member of a mid-level employee at Fengtian Technology.
"Hey everyone, let me share some insider information. My wife works at Fengtian Technology. Before the company went public, they gave out a batch of pre-IPO shares as a benefit to their employees."
"Back then, my family almost borrowed from all our relatives to scrape together the money to buy those 1500 shares. I just calculated it, and based on today's closing price, those shares are already worth over 200,000 RMB! That's half a year's salary for a house—I'd be laughing in my sleep!"
As soon as this Versailles-esque post was published, the comment section instantly turned into a massive sour grapes moment.
"Is this what other people's companies are like? I'm so jealous!"
"When my current company went public, my boss only gave me a pie in the sky. There's no harm in comparison."
"Where can you find a boss like this? Is it too late to go sweep the floors at Fengtian now?"
As more employees and their families come forward to share their experiences, the story of Fengtian Technology's employee stock ownership and shared prosperity has become a popular tale.
Amidst the envious and jealous gazes of countless netizens, the employees of Fengtian Technology stood tall and proud, overflowing with a sense of pride.
......
At the victory celebration in New York, glasses clinked and the champagne tower cast a mesmerizing glow.
Jason from IDG, holding a glass of red wine, squeezed next to Chen Feng with a flushed face.
"Chen, our collaboration this time has been absolutely perfect."
Jason, though slightly tipsy, still had a shrewd look in his eyes. "I heard your Fengchi electric vehicles are doing very well? If you have any funding plans, you should definitely consider IDG first. We're old friends, aren't we?"
Having tasted the sweetness of tenfold returns from Fengtian Technology, this greedy capitalist clearly had his eyes on another lucrative opportunity in Chen Feng's hands.
Chen Feng smiled slightly and politely clinked glasses with Chen Feng.
"Jason, Fengchi's cash flow is currently very healthy, and there are no plans to go public or raise funds in the short term. After all, this industry is just starting out and hasn't reached its explosive growth phase yet."
"But rest assured, if there is a need for capital operations in the future, IDG will definitely be on my priority list."
This is a classic example of business tact. It politely declined the other party's advances while saving face for them.
Jason understood the subtext, and although somewhat disappointed, he could only nod in agreement: "OK! I look forward to that day."
......
After finishing his trip to the United States, Chen Feng flew back to China without stopping.
Meanwhile, across the ocean, Fengtian Technology's stock price soared like a runaway horse.
The 29% surge on the first day was just the beginning; it rose another 12.8% on the second day, and although it fell back on the third day, it still stubbornly rose by 5.9%.
In just three days, the stock price soared to a high of $28, and the total market value surged to $36 billion!
This figure has caused a complete uproar in the domestic business community.
As soon as Chen Feng landed in Shanghai, he was cornered at the door of his office by a reporter from China Finance and Economics News.
"Mr. Chen, congratulations on Fengtian Technology's market value reaching a new high!"
The beautiful reporter, Hu Rui, asked with eager eyes, "Your businesses span the internet, hardware, and manufacturing sectors, and you've achieved top-tier status in each. Could you share your secrets to success with aspiring entrepreneurs?"
Chen Feng leaned back in his chair and began to spout "nonsense literature" with an air of nonchalance.
"Actually, there's no secret. It's simply about having a keen sense of smell, a forward-looking strategic vision, and most importantly, perseverance..."
After delivering a string of correct but meaningless remarks, Hu Rui nodded repeatedly before throwing out a bombshell question.
"Mr. Chen, the media is saying that you've firmly secured your position as the richest person in mainland China. What's your opinion on this?"
Here comes the classic, potentially disastrous question.
Chen Feng smiled and waved his hand, saying, "The richest man? It's just an empty title."
"China is full of hidden talents; there are many wealthy people who are better off than me but don't live on the list. Besides, this list changes every year; who can stay on it forever?"
Personally, I'm not really that interested in money.
"When wealth accumulates to a certain level, it really is just a string of boring numbers. A billion and ten billion, apart from a few more zeros on the balance sheet, don't make any fundamental difference to my quality of life. I can't eat eight meals a day and sleep in ten beds."
"I enjoy the process of building a bigger and stronger business and creating value more than making money."
Hu Rui, who was standing next to him, was stunned by these words.
If Chen Xiaotian were there, he would definitely give his dad a thumbs up: This Versailles performance was perfect!
As expected, after the interview was published, Chen Feng was instantly dubbed the "King of Pretentiousness" by netizens.
This statement, "I have no interest in money," predates Jack Ma's famous quote by several years and directly established his status as a pioneer in the Versailles world.
......
That evening, Chen Feng returned home after finishing his day's work.
As soon as I changed my shoes, my son Chen Xiaotian came up to me with a strange look on his face.
"Dad, when did Legend Network acquire the distribution rights for 'Miracle MU'?"
Chen Feng was taken aback: "What miracle?"
He genuinely didn't know about it.
I've been busy with Fengtian's IPO and investing in BYD lately, so the game company is basically left to its own devices.
Seeing his father's bewildered expression, Chen Xiaotian was even more shocked.
[Holy crap? Dad didn't know?]
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