Becoming the richest man starts with making complaints

Chapter 115 The Son of the Richest Man

Xu Mingzhe’s father started his career in real estate. His father Xu Guofu is a workaholic who is good at dancing and is now involved in diversified industries, including tourism, hotels, film and television, sports, shipping...

Xu Guofu has been the richest man for several years, and Xu Mingzhe is the only son in the family, so he is particularly noisy on weekdays.

There are endless tidbits and gossips, and he is insulting everyone. He looks like no one is looking at him and no one is afraid of him, and he has gained a lot of fans from this.

But this is just the surface. If you analyze it carefully, you will find that Xu Mingzhe usually only attacks people he can afford to offend.

In other words, he definitely didn't lash out at people as it seemed to the outside world, but he had considered the consequences. It can be said that his current image is the result of management.

Xu Guofu's business is too big, and his foundation is not that easy to break down. And because his wife has a strong background, he can't have any gossip.

If you are rich and not lewd, everyone will think you are dangerous.

Women and regulation, you have to embrace one.

Lao Xu doesn't dare to hug women, and Lao Xu must be careful when supervising her.

Therefore, my son must do this.

Having a ridiculous son can make others feel at ease.

Moreover, looking at the women around Xu Mingzhe over the years, none of them are top stars, they are all "Internet celebrities".

It stands to reason that only the configuration of a big star is worthy of the status of the son of the richest man, and that is enough face.

But he didn't do that. If a big star broke up, the influence would be too great and it would be troublesome to deal with it. A small Internet celebrity, a smooth soldier, it is easy to get in and out, and it is also easy to suppress it after a breakup. It can still maintain its "ridiculous" popularity.

Moreover, there are very few truly wealthy people who can at most be the financial backers of big stars, play the role of hiding in a golden house, and serve them openly.

After all, this scenery is too troublesome.

Therefore, under Xu Mingzhe's absurd appearance, he is actually the best of all people.

Therefore, today Xu Mingzhe was extraordinarily "obedient" in front of Cao Shen, pouring tea and toasting, and helping to change dishes with his discerning eye, all without missing a beat.

Don’t talk much, listen more carefully and think carefully. Be courteous and courteous. This is the quality a truly top second generation rich should have, to be aware of current affairs.

Xu Mingzhe is very confident.

First, there is no need to offend Cao Shen, it is best to make friends with him.

Secondly, as a person of the same age, Cao Shen is even younger than him, so he is convinced from the bottom of his heart.

Third, although I am the richest man, my family is calculated based on assets. Assets are equal to liabilities plus owner's equity. His family mainly focuses on real estate. They borrow money from banks to buy land and build buildings. They then make mortgages and borrow money from banks to continue construction, and the cycle repeats.

Now the Xu family's asset-liability ratio has reached 90%, which means that 90% of the assets are money owed.

Although Cao Shen's Internet business is asset-light, if we look at the company's market value, Cao Shen, who holds nearly 90% of the shares of Shenshen Technology, has exceeded one trillion yuan in RMB. He is the real richest man in Dongguo.

Of course, there are other listed companies with greater market capitalization than Xishen Technology, but very few have such a high shareholding ratio like Mr. Cao.

Today, the other rich second generation actually have similar thoughts to Xu Mingzhe, so the whole group is particularly "well-behaved". Even the well-behaved Cao Shen feels a little uncomfortable like an "elder".

I thought to myself, there is something wrong with these people!

Sure enough, after drinking for three rounds, Cen Feng began to say:

"I'm honored to have Mr. Cao here today!"

Cen Feng liked to hook up with Cao Shen's shoulders as always:

"Brother has racked his brains to arrange for you to join the game today. To be honest, brothers all have something to ask for.

Look, it’s coming!

Cao Shen raised his head: "Stop being so outspoken. We are all our own people. If you have anything to say, please speak up!"

"Hey! Righteous!" Cen Feng slapped Cao Shen on the shoulder. This remark was obviously a sign that Cao Shen had given him great dignity in front of everyone. His heart was filled with sweetness and he was very touched.

"Then let me get straight to the point, Mr. Cao, you are at the top of your game right now. You are the top mobile Internet player. We don't understand cloud computing. This is it anyway!" Cen Feng gave a thumbs up.

"So, brother, I'm asking you to give us some guidance today on how to catch this train. These guys are all investors, and I just want you to be a beacon!"

These people are all equity investment funds. They can only invest in unlisted companies in the primary market and cannot buy stocks in the secondary market.

However, they privately used their own money to buy a lot of deep technology stocks in the market, but the total circulating market share was only 0.8%, which was not enough. Moreover, if they bought too much, they would raise the stock price, which would increase a lot. Cost of opening a position.

As for Tongcao Technology, which has not yet been listed on the market, of course they want to invest, but Xiao Gang, who has the best relationship with Cao Shen, has not been able to invest. He is also very good, so he has the nerve to mention it.

So I can only ask Mr. Cao to give me some pointers on which directions will be popular next, and lay out the traps in advance.

It turned out to be this, what a coincidence!

When Cao Shen saw the identities and backgrounds of the people in the group, he decided to come to Amway today.

I originally thought that they might want to invest in Tongcao Technology, but it would be troublesome for me to find reasons to shirk.

This is great!

Cao Shen raised his head and looked at the group present: "There is a direction, which I think is great. If you want to do it, maybe we can cooperate!"

When everyone heard that they could not only point in the direction, but also cooperate directly with Cao Shen, their eyes lit up and their whole bodies tensed up.

Also, Mr. Cao said that he was optimistic about this direction because he wanted to end it personally.

So to round it off, Mr. Cao will personally take us to play!

Oh my God, there is such a good thing happening today!

You know, Mr. Cao is the master of whatever he does, and it’s still Dacheng!

Everyone raised their ears and listened attentively, fearing that they would miss any detail.

Xu Mingzhe quickly gave Cao Shenman a cup of tea at the right time.

"How much do you know about e-sports?" Cao Shen took a sip of tea.

"Does it matter if I have played competitive games..." These people all love playing games themselves.

Xu Mingzhe raised his hand: "I know, I also set up an e-sports club and raised a bunch of players."

Then he frowned: "But these people can't afford to eat. I started this club because these people are so miserable."

The implication is that the e-sports circle is so poor, you want to engage in e-sports?

Mr. Cao, please stop playing with me...

"Yeah," Cao Shen nodded:

“We are quite poor now because there is no e-sports environment in China and there is no good business model.

But overseas, especially in baseball countries, there is already a relatively mature e-sports system.

The country was affected by the Asian financial crisis that year. In 1998, GDP growth fell by 5.8%, and the dollar depreciated by 50%. The government learned from the painful experience and began to change the export-oriented industrial structure. Film and television, tourism, games and animation received strong support from the government and began to develop rapidly.

"StarCraft" kicked off the development of the e-sports industry in Bangkok. In January 1998, there were only 100 Internet cafes in Bangkok. By 1999, the number of Internet cafes had increased to 15,000. Now there is basically one every 600 meters in the capital. Internet cafe.

In 2004, the annual output value of the e-sports industry in the country was approximately US$4 billion, and the value of its related industrial chains even exceeded that of the country's automobile industry.

Under the guidance of policies, a country with a population of only 50 million has become a veritable e-sports power.

Dongguo now has a population of 1.2 billion, and our e-sports industry is basically silent, but I estimate that if it is started, it will be able to support a market of 100 billion in a few years. "

Xu Zheming nodded. He has an e-sports club under his control, so naturally he knows more about e-sports here. Moreover, although he runs the club on the surface as if it is a charity, and people praise him as the principal, how can such a person have no ideas?

He has long known about the e-sports market in Bangkok, and he invested in it because he was optimistic about it.

But Xu Mingzhe has not been able to figure out how to get there specifically in the past two years.

“Bang countries can develop very quickly only if they have policy support, but our policies here in the East are suppressive.

In 2003, the Sports Bureau originally set e-sports as the 99th sports event. Everyone thought that e-sports could legitimately enter the stage, and it became popular for a while.

The WCG championship in 2005 and 2006 also emerged at that time.

However, in 2004, the radio and television banned the broadcast of computer and online game programs, and e-sports programs were completely suspended. This matter came to an abrupt end, and it has not recovered until now. "Xu Mingzhe said.

————

Suddenly I realized that the pace of my writing seems to be too fast. It has only been about a hundred chapters and I am already the richest man in the Eastern Kingdom. Do you want to pull slower? But there are still many things to do behind...

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