The rise of heroes begins with Hong Kong movies

Steve Forbes has always had a resolute style of doing things. Once he decides to do something, he will complete it in the shortest time and with the highest efficiency.

It is precisely because of this that he can take charge of Forbes Group.

Over the years, the development of Forbes Group under his hands has indeed become better and better, and it has a wider influence than before.

Soon, he read Huo Wenyao's asset investigation information

"good!"

Steve Forbes looked serious and nodded:"Will, I need your editorial department to sort out all Huo's information. Don't worry about what has been reported before. Focus on his assets."

"The focus of reporting on his assets is why his assets have grown so rapidly in recent years!"

"Do you understand me? Will

Leto nodded and said,"Don't worry, I will take care of this matter.""

"Um."

Steve Forbes responded and waved to Will Leto, indicating that he could leave.

Will Leto turned and left Steve Forbes' office and went to work.

After Will Leto left, Steve Forbes stared at the Huo Wenyao asset investigation information, shook his head, and said to himself:"Damn, it's incredible.……"

"In less than ten years, it was actually possible to achieve this level!"

"Now, the Huo Group is completely comparable to the world's top financial groups such as Morgan and Rockefeller. Huo Wenyao, Huo Wenyao, how could there be such a person?……"

This is not just a question for Steve Forbes, but also for people all over the world.

Unfortunately, no one can answer. no answer

……

……

That day, the editorial team headed by Will Leto worked overtime and wrote a report.

The next morning, official report!

Will Leto strictly followed Steve Forbes' orders and only focused on reporting on Huo Wenyao's investments over the years, analyzing the reasons why his assets increased sevenfold in just a few years.

Yes, that’s 7 times! When did Huo Wenyao first become the world's richest man?

The answer is -

1988!

What were Huo Wenyao's assets at that time?

The answer is -

US$28.8 billion!

Yes, although Huo Wenyao had become the world's richest man in 1988, his assets were only US$28.8 billion, less than 30 billion. The gap with Yoshiaki Tsutsumi, who ranked second, was not very big.

It's just a few billion dollars more, far from crushing it.

But now, not to mention the entire Huo Group, just Huo Wenyao, his private assets have reached 210 billion US dollars.

This is the sweep!

This is crushing!

What Steve Forbes understands, Will Leto certainly understands.

In recent years, media around the world have been reporting on Huo Wenyao like crazy, stripping him down to his pants, and reporting on him no longer has much appeal to readers.

Instead of doing this, it would be better to focus on one point.

They have the right idea!

《The opening chapter of Forbes' report on Huo Wenyao is as follows:"Huo, the unquestionable richest man in the world, a super rich man and a cosmic tycoon who has occupied the position of the world's richest man all year round since 1988."

"His past has been reported in detail by this newspaper before.……"

"Oh, sorry, even we ourselves don’t know how many times we have reported it. Anyway, there are many, many. Readers should be familiar with it, so I won’t repeat it this time."

"The focus this time is just to conduct a detailed review of Mr. Huo’s investments in the past nine years from 1988 to 1996."

《Forbes magazine is not trying to sell itself on others.

That's what they said, and that's what they did.

This is very different from the style of Forbes in the past.

《"Forbes" is most famous for its various lists, such as the list of the world's richest people, the list of the richest people in Asia, and the annual sports income list.

There is a list, but how each number comes from is not reported in detail.

This time, it's different!

Among the more than 10,000 words of the report that followed, as long as it did not involve a confidentiality agreement and could be investigated through formal means, Forbes magazine listed them in detail.

Only when it is inconvenient to report, will we give a rough number.

《Forbes' reports on Huo Wenyao's investments and assets over the years are mainly divided into two parts.

1. Physical investment!

2. Financial investment!

Among them, financial investment is the top priority, and it is also the fundamental reason why Huo Wenyao's net worth has increased more than 7 times in less than ten years!

Let’s talk about physical investment first.

In 1988, Huo Wenyao was worth US$28.8 billion, of which US$15 billion was used for financial operations, and nearly US$14 billion was invested in the real economy. in.

Of the 15 billion US dollars in financial investment, the amount invested in the lighthouse countries alone reached 9 billion US dollars, and the remaining 6 billion US dollars were distributed to many countries and regions in Europe, East Asia, etc.

Let’s talk about the real economy first.

In the past nine years, Huo Wenyao's 14 billion U.S. dollars of physical investment has grown horribly with a rate of return of 15% to 20%. For example, the VCD market has profits of up to 10 billion yuan every year.

More importantly, high-profit companies like Guoke Group are not listed on the market.

Once listed, Huo Wenyao's net worth will surge.

Not to mention other things, in the real economy alone, Huo Wenyao's assets have reached a terrifying US$30 billion!

Let’s talk about financial investment, this is the key point.

Take for example many value investments in lighthouse countries, such as Coca-Cola, Microsoft and Berkshire Hathaway

《Forbes magazine reported this:"Mr. Huo made a move in 1988 and bought stocks of Coca-Cola, Microsoft, Berkshire Hathaway and many other companies."

"He purchased 380 million shares of Coca-Cola at an average price of US$3.5 per share, accounting for a total of 8.9% of Coca-Cola's shares and spending US$1.33 billion!"

"He purchased 9.9% of Microsoft's shares at an average price of $0.36 per share!"

"He purchased 5% of Berkshire Hathaway's shares at an average price of US$3,850 per share, a total of 82,000 shares, for a cost of US$3.157 billion!"

"What is the situation as of now?"

"Coca-Cola stock price soared to around $35, a 10x return!"

"Microsoft stock price soared to $12.5, a 35-fold return!"

"Berkshire Hathaway’s stock price is $82,000, a 21-fold return!!

Finally,"Forbes" magazine concluded:"The above is the epitome of all Huo's operations in China's financial market. He has invested a total of 9 billion US dollars in China's financial market!""

"Nine years later, this US$9 billion has become US$130 billion!!"

"Oh, God, if you include the investment from all over the world, then Huo performed a wonderful and incredible magic trick for us. He turned 15 billion US dollars into 180 billion US dollars!"

This is the origin of Huo Wenyao's net worth of US$210 billion.