Wall Street Legend

Chapter 287: Real estate agency

  Chapter 287 Real Estate Company

   If you miss it, you miss it, and there is nothing to regret.

First-hand online social networking, second-hand mobile smart products, plus Netflix, Green Mountain Coffee and other industries that are ready for long-term investment, are enough to make Ye Dongqing famous for a hundred years and invincible all over the world. There is no need to get entangled in Huawei, just take a fancy to this company The huge cash flow that may be brought, Apple may also become a "cow" that can transfuse blood for him within a few years.

   You must know that Danshui Investment Group owes a large amount of money now, totaling more than 10 billion U.S. dollars, and needs to repay the interest on an annual basis. Without a stable source of funds, it is difficult to repay these foreign debts. If the assets are not sold, it is estimated that it is unlikely to be repaid within five years. In addition, the cost of spending money on Cobra Building, Yip's Manor, private jets, etc. will definitely drag down the progress of debt repayment.

Generally speaking, the risk is not great. After all, most of the money was used to invest in high-quality assets, and he did not lose it by gambling. He occasionally seized the opportunity to make a fortune. Return some blood.

Not investing in Huawei is also beneficial, which makes Danshui Investment Group’s capital flow more abundant. Ye Dongqing quickly found other investment targets, namely Corning Corporation, Qualcomm Corporation, and Tesla, which is about to raise a round of financing. The most important is Tesla. Judging from the sales of model-3 at the beginning, after 30 to 40 years after countries implement the policy of stopping the sale of fuel vehicles, this company may be able to reach the height of Apple's peak period.

  In the foreseeable future, automatic driving will inevitably replace manual driving. The decline of the oil industry is certain. From a strategic perspective, which oil-poor country is willing to spend a lot of money every year to purchase oil? Also let the US dollar dominate the world with this market? When will the technology of electric vehicles represented by autonomous driving and ultra-high battery life really mature, and the good days of making money in oil-rich countries will come to an end. Ye Dongqing feels that after he intervenes, the time to mature the technology may not be ahead of schedule. few.

He obviously didn't invest in it, but he had already thought about what kind of electric car he wanted to develop. The shape was similar to the taycan, and he paid a deposit at that time. Unfortunately, he jumped off the building before seeing the car. Compared with the well-regulated Model-S, that kind of shape Undoubtedly too beautiful.

Throughout March, Ye Dongqing sorted out all the industries in his hands. The people from KPMG Consulting Company have not yet handed over the answers that satisfy him, and most of them will continue to check and fill in the gaps. For example, the very important management structure is still In the foundation stage, it can determine how far he can go in the future...

  April 9th.

He didn't take the helicopter he just got, but drove that cool Bugatti on the road, and planned to drive all the way to Manhattan by himself. He spent two million dollars to buy the luxury car, which was always wasted, black and white, The sound and power are mesmerizing.

A new Rolls-Royce Phantom driven by a bodyguard drove the way, and Ye Dongqing drove behind. After entering the urban area, passersby paid attention to it. There are only two Bugatti supercars in a huge New York City. Many people don't know this What kind of car is it? I only know its beautiful shape.

  Ferrari Enzo is not bad, but it is not as cool to drive as this one. After arriving at the Puchuan Building, he parked the car at the door, threw the car keys to the bodyguard, and stretched his waist upstairs to discuss business...

This year is a relatively important year. Aside from the well-known Facebook and Skype, some achievements have been made in other investment fields, but it is far from enough. Now Ye Dongqing's net worth of more than 10 billion US dollars is mainly supported by Facebook, and others Businesses take a long time to see high returns.

During this period of time, all the company affairs accumulated in January and February will be dealt with. Recently, Ye Dongqing has slightly rectified the company. Ye Dongqing is trying to transfer some assets to shell companies established in other countries for the sake of long-term interests. Considering that part of the assets will also be transferred to the charitable trust fund under his name to avoid excessive wealth growth in the future and attract unnecessary attention.

  Ye Dongqing has already started thinking about the future.

  Going upstairs to the meeting room, people from the Vornado Real Estate Company were waiting for him. After sitting down, he smiled and said, "Sorry, there is a bit of traffic jam on the road. I recently moved to Long Island, so I kept you waiting."

"It's okay, I like that island. There are not many private islands for sale near Manhattan. Yours is the largest one in the past 30 years. In fact, I have thought about buying it before, but the asking price is too high. , and I already have a small island in the Maldives, which I rented for three hundred years."

The person who spoke stood up and shook hands with Ye Dongqing, and introduced himself: "Mike Becker, the CEO of Vornado, the land you are looking at is unique in Manhattan. We originally planned to build two high-end apartments on it for For rent, but if the price is right, it can be sold."

  After hearing this, Ye Dongqing knew that it might be a bit difficult to lower the price. The subtext of the other party was quite obvious, and he was not in a hurry to sell that large piece of land, and he could develop it himself.

The real estate market in Manhattan has been developing for hundreds of years, and prices have been stable for a long time. There has not been much fluctuation during this period. In fact, he really hopes to lower the price, but considering the area of ​​the land, especially the location, he also knows the reason for lowering the price. The space will not be too large, global big companies like to stare at Manhattan, rich people like to come here to invest in real estate, which leads to no shortage of buyers.

Vornado Real Estate Company started as a chain of discount stores in New Jersey in the 1940s, and with business transformation, it has gradually developed into one of the largest real estate agencies in New York. The most famous real estate under its name includes One Penn State Square , and Lot 220, South Central Park, which has already been approved. Pu Chuan, who lives above Ye Dongqing's apartment, is nicknamed "New York Real Estate King", but compared with this company, his strength is obviously much weaker.

"It's really suitable for building apartments there, but the real estate market in Manhattan is a bit saturated now, isn't it? Long-term leases and management make money. How can it be cost-effective to get a large amount of cash at once. Cash can be used for investment, and the rate of return is even higher. Maybe I can help in this regard." Ye Dongqing deliberately concealed the news that the property market prices and transaction volume will rise sharply in the future, and a bunch of banks and real estate companies messed around, so that those guys who don't have a stable income can also pass through the bank. Audits, and then pushed up property prices all the way, leading to the subprime mortgage crisis that occurred in 2008.

  The source of the subprime mortgage crisis has already appeared in this era. Banks, investment funds and other financial institutions are packaging loan business and trading it as a financial commodity.

Mr. Mike Baker did not expect this. He knew exactly what business Ye Dongqing was doing. It was more like a private equity fund that gave stable returns. The money invested in him was invested by him. So far it seems that the returns have been very good. …

  (end of this chapter)

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