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Chapter 561(1/2)

“I plan to form a luxury group, like LVMH’s multi-brand large group company!”

Wang Ye said with a bright look and a passionate tone.

Of course, everyone here knows the name of LVMH.

Mr. Xu of Evergrande was stunned and blurted out: "But... besides LVMH, where is there any company with so many big brands? You have no goal to acquire it."

The other people also nodded in agreement.

Everyone thinks that Wangye wants to acquire a ready-made group company to compete with LVMH, but there is no such company on the market.

"Haha, everyone didn't hear what I said clearly. I mean to form one! It is not acquiring a ready-made group company. I plan to acquire those individual brand companies and then form them together to form a group company. For example, Chanel, such as Coach, such as Burberry, such as Prada, such as HUGO     BOSS, etc. These brands do not belong to LVMH Group, but a separate brand company, and it does not require much capital to acquire them." Wang Ye explained.

Only then did everyone understand Wang Ye's words, and then they thought, yes, there are still many well-known brands that are independent companies, and the strength of a single company is not that strong.

If these brands are acquired and formed into a group company, then it is just a competition with LVMH.

More importantly, this company is led by Wang Ye, so do you still need to worry about revenue and profits?

No company that has been in charge of Wang Ye has failed so far.

Without exception, they are all successful, the difference is that they are very successful or generally successful...

"How much does the president need this time? Just say it, our Baoneng will definitely participate!" Baoneng's President Yao said readily.

He knew that as long as it was an investment project organized by Wang Ye, there would be no such thing as failure. Previous examples have long proved this.

Last time in the Huya Technology Company project, his Baoneng was unable to participate. Now, seeing the success of Huya Technology, Mr. Yao has long been itchy.

After finally Wang Ye has a new investment project, and he called him this time, how could he miss this opportunity? How could he dare to miss this opportunity...

It’s hard to say that this is another successful project like Huya Technology, and it is even more successful than Huya Technology.

Ping An Laoma, Mr. Qin of China Merchants, and Mr. Xu of Evergrande, all have the same idea.

As long as Wang Ye wants to do something, he must participate. He would rather kill the wrong person than let him go.

"This time, the investment has a lot of goals and the amount required is also relatively large. I personally spend 20 billion US dollars, and I still need at least 20 billion US dollars. The more you have, the better!"

Although this number is a bit amazing, none of the people present have never seen money and are unmoved.

Everyone is silent for a moment and think about how much they can produce.

Wang Ye continued: "First of all, the return rate of this investment may not be very high. At least, it cannot be compared with the return rate of investment of Huya Technology, but one thing is that it cannot be compared with that of Huya Technology's investment. That is, the influence and voice that this luxury goods group has after its establishment!"

Those big brands, like Chanel, should you say that they make money, and they do make money.

But in terms of making money and company revenue, countless companies can surpass it and surpass it a few streets.

However, this is the fashion industry. Although it is not large in size, it has a wide influence and a high level of attention.

Every time, if a brand like Chanel Prada is changed to a spokesperson, I don’t know how many media reporters are reporting.

Which celebrity, whether he is a real big-name spokesperson, or who has a higher brand name than who speaks, can make fans fight.

However, do real big companies like IBM and Microsoft have spokespersons? Perhaps there are any new big moves? Will anyone pay attention to it?

This is the characteristic of the fashion circle. Although each company is not large in size, it has an amazing influence.

Wang Ye pointed out this specifically, just to tell these people that when investing this time, don’t think about making too much money.

If you just want to make money, then don’t participate in this investment, or participate less.

This investment requires influence, company image, and voice!

Mr. Ma, Mr. Qin and others are also smart people. When Wang Ye clicks it lightly, everyone will understand it.

Why did Wang Ye take the lead in asking them for the first time? It is not only because these companies are rich, but also because these companies need a good image and attention.

Ping An mainly does insurance. It can be said that a good image and higher attention are the lifeline of the company.

Similarly, although the Baoneng Group is engaged in financial operations, it is mainly insurance, which is somewhat similar to Ping An.

Investment promotion is based on banking as the main business, and a healthy and good image is what the company wants most.

Evergrande, this is a real estate business. Although it does not require influence and attention like those companies, it is better to have this thing than not.

There is another point that Wang Ye did not say, but everyone has also realized it.

That is, in fact, luxury consumers and their customer base also have a very high degree of repetition.

Luxury consumers are undoubtedly high-quality consumers, with high assets and high net worth, and abundant cash in their hands.

Such customers, not to mention banking, insurance and real estate, actually every company wants them.

If they can become major shareholders of many luxury brands, it will also have great benefits to the company's main business in the future.

Take Evergrande as an example. The properties launched in the future can create so-called "Chanel classic decoration style model house", "Prada black and white cold style model house" and other gimmicks.

Maybe there are loyal customers of these brands, because of this, I chose Evergrande’s real estate...

As for the linkage between banks and luxury brands, it will be easier. There are many activities to be launched at present. When you become a shareholder in the future, you will naturally launch more in-depth cooperation activities.

Therefore, although these bosses supported Wang Ye and said that the return on investment may not be very high, they are still very tempted.

There are so many potential benefits.

"I'll pay 10 billion US dollars." Mr. Ping Anma said first.

It’s a big deal, and it’s 10 billion yuan to speak. I have to say that those who do insurance are really rich.

"Then I will pay 10 billion too!" Mr. Qin, the Merchants Merchants, said decisively.

Mr. Yao, Baoneng, smiled bitterly. He was not as rich as the two big bosses, so he naturally couldn't compare.

"I'll pay 5 billion, that's the biggest amount I can take out."

Mr. Xu of Evergrande also said that he could pay 5 billion. He is a real estate business and has a lot of cash flow, but he needs more money and does not dare to pay too much cash at once.

The four of them raised 30 billion US dollars, and Wang Ye felt quite satisfied. With his own 20 billion, it was already 50 billion, which should be almost enough.

"Okay, then that's it! I will set up an investment company at that time, and everyone will distribute shares according to their capital investment." Wang Ye said cheerfully.

He did not take advantage of everyone. He did not mention any management and resource holding shares at all. He just distributed shares according to the investment of funds, and was fair, just and open.

This time, he was not trying to make money, but just establishing his position in the fashion circle!

Just like the previous paragraph, there were many influential designers who jumped out for the sake of their interests and criticized Fu Sheng Ruomeng.

After all, I still feel that the brand Fusheng Ruomeng is just a new brand. Even if it is accused, there is no need to bear any consequences, because Wang Ye can't do anything to them.

If Wang Ye has the world's largest luxury goods group, like LVMH, would they still dare to do that?

...

To mobilize large funds, of course, we must have a professional elite team. For this reason, Wang Ye asked LISA to draw a group of professionals from the group, and in addition, SUSAN's team formed by Citibank.

People on both sides are working together to prepare for the investigation before the big acquisition.

This kind of acquisition is not something you can just wave your check and come to your door directly.

First of all, you need to investigate clearly what shareholders are in the target company. These shareholders are the easiest to win and which ones are difficult to convince. All of them need to be investigated.

These preliminary work are cumbersome but necessary. Many seemingly easy acquisitions, but in fact, before the formal negotiations, the acquirer did not know how much preparations had been made in advance.

Only when you are well prepared and have all the information and are in formal negotiations can you be at ease and grasp the standards.

In November, in addition to preparing funds for acquisitions, there is another thing worth mentioning, that is, the new rich list was awarded.

On November 18, the 2013 Forbes Global Rich List was officially released.

Now, there is basically no need to look at the domestic rich list. Wang Ye is firmly ranked first, but in the world, it is hard to say how many places he can rank.

Before the list of rich people was issued, Wang Ye knew that he still couldn't reach the top this year.

Obviously, the Rich List generally only counts the market value of the companies you have listed, or clearly documented assets.

As for the company's assets such as Huayou Group that are of high quality but not disclosed in financial data, it is difficult for the other party to estimate how much it is worth, so it is not counted.

Then, Wang Ye’s net worth, that is, the shares of Meigou.com, and the recent public share transfer transaction, is the 20 billion US dollars obtained by transferring Huya Technology shares to Tencent.

If there were no share transfer this time, Wang Ye’s ranking on the rich list this year would probably be a bit ugly.

Wang Ye’s largest asset is of course the shares of Meigou.com.

The current total share capital of Meigou.com is 1.2 billion shares, and the current share price is about 120 US dollars. The company's total market value is as high as 150 billion US dollars!

Wang Ye still holds the 300 million shares before listing, and has never sold a single share. The current market value of these shares alone is as high as 36 billion US dollars!

If you don’t look at other assets, just count this part of the shares. Wang Ye is the unquestionable richest man among Chinese people around the world!

Because Li Chaoren, the only one who can compete with him, has a net worth of only US$31 billion this year.

Of course, this has something to do with his transfer of part of his assets to his two sons in advance.

If you count the assets of the entire Li family in Xiangjiang, you can still compete with Wang Ye.

Wang Ye's shares with a market value of 36 billion US dollars, plus the 20 billion US dollars in cash he just transferred to Huya shares, has reached 56 billion US dollars.

However, this does not make him top this year's Forbes Global Rich List.

Top 10 Forbes Global Rich List in 2013

1   Carlos Slim Elou      $73 billion
To be continued...
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