Video Game Empire - Chapter 658
When Li Xuan came to Beijing to watch the Asian Games this time, he did not stay in a hotel, but stayed in a set of courtyard houses he had bought before. This set of five courtyards is located on the edge of Beihai Park. If it is placed in thirty years, the land will be worth billions.
Of course, Li Xuan’s purpose in buying a house was not to add value, and even if he really wanted to scavenge the goods, there weren’t that many houses sold to him in Beijing. At present, the country is still in the era of welfare housing, and the property rights of the houses that most people live in actually belong to the state. The biggest landlord in the whole capital must be the Municipal Housing Management Bureau.
Li Xuan originally proposed through the Hong Kong-Macao Office that he wanted to find a foothold in the capital, so the Housing-Management Bureau, who received the task assigned by his superiors, recommended him the current yard after careful selection. It used to be the office location of several state-owned units, and the Housing Management Bureau took a lot of effort to move these units out in order to make room for him!
After Li Xuan bought the yard, he found someone to carry out a meticulous renovation. This time it was the first time to actually move in after the repair. The Siheyuan covers a large area, with no less than 100 rooms in front and back, so it can accommodate Li Xuan’s family and his huge private team. You must know that there are no less than 30 assistants and bodyguards who follow Li Xuan every day.
“Brother, what is Mr. Shi Huaiya looking for from you? Could it be that he is looking for you to buy Huamin Airlines?”
As soon as Li Xuan sent Adrian Shihuai away on the front foot, her sister Li Ying slipped into the living room on the back foot to inquire about the news.
“Well, they Cathay Pacific have this idea, and they all ask for 5 billion Hong Kong dollars!” Li Xuan said without caring.
“You didn’t really sell Huamin, did you?” Li Ying asked nervously.
“What do you think, I’m not in a hurry to wait for the money!” Li Xuan shook his head, “Tell me, what are you paying attention to!”
To measure how rich a rich man is, it is not objective just to look at the values on the Forbes list. For example, when Forbes evaluates Li Xuan’s personal assets, it is undoubtedly the Oriental Group that he controls that accounts for the largest proportion. Subsidiaries of the Oriental Group such as Aikang Company, Asia Entertainment Group, CG Company, Ka Wah Bank, and Oriental Semiconductor have all been listed successively. The market value of these assets can be calculated based on Li Xuan’s shareholding.
But this does not actually make much sense, because under normal circumstances, Li Xuan will not reduce his shares, and even the use of shares to mortgage the bank rarely occurs. So these assets don’t look scary in amount, but they are actually dead money.
And Li Xuan still has a lot of money to spend. He spends hundreds of millions of dollars to buy antiques every year, and he has to spend more money on various charities. In addition, he will also make various investments through private funds.
Where does all this money come from?
First of all, some of the unlisted subsidiaries of Dongfang Group, such as Dongfang Games and Dongfang Research Institute, are very profitable companies that can be called gold beasts. Because it is Li Xuan’s private enterprise, their huge profits every year, except for a part for daily operations and expansion, the rest goes into Li Xuan’s pocket.
Aikang Corporation and Ka Wah Bank are also very profitable. Although they are publicly listed companies, Li Xuan is the largest shareholder. Every year, the stock dividends alone can bring in a large amount of money.
These are the living money that Li Xuan can really use every year! And because the profitability of these core companies under the Oriental Group is very high, this allows him to open up the courage to spend money at will. For example, Dongfang Game Company, at its most exaggerated, can contribute hundreds of millions of dollars in gross profit every month just from the arcade industry. Without the backing of these cash cows, even the richest man in the world would not be able to afford his way of spending money.
For example, Mr. Gates in another time and space, he and his wife claimed to have donated their assets to the charitable fund established by them, but they did not see any earth-shattering acts of kindness from Mr. Gates. According to the relevant laws of the United States, charitable organizations only need to use 5% of their assets for charity every year, which is much more cost-effective than paying income tax!
So you rarely see a charitable foundation established by a wealthy Western person who will quickly spend the money raised every year. And Li Xuan’s Haichuan Fund is so honest!
Charity is actually a very complicated thing, and it is not easy to raise funds in the first place. Fortunately, Li Xuan’s large donation every year is enough for the Haichuan Foundation to carry out many projects. And after having money, how to spend it correctly is not an easy task. For example, you need to choose a good project, whether it is poverty alleviation or student assistance, at least you must spend the money on the ground and produce real positive effects, rather than being killed.
Everything is easier said than done. Since Zhong Chuhong was pregnant with two children in a row, she has turned the focus of her life to two children. Not to mention whether her child can inherit Li Xuan’s career in the future, but at least it can’t be worse than the cubs born by the foxes outside! After Zhong Chuhong changed the direction of adding points in his life to Gongdou specialization, the matter of the Haichuan Foundation was basically taken over by Li Xuan’s sister Li Ying.
Li Xuan naturally owed nothing to his brother and sister. The eldest brother Li Ke is now the chairman of three listed companies. Among them, Kunpeng Real Estate has a market value of over 10 billion yuan and has been successfully promoted to one of the top ten real estate companies in Hong Kong. Family Fun Pictures can produce and distribute more than a dozen actual films every year, which is regarded as a second-tier mainstream film company in the Hong Kong film industry, except for the three leading companies of Asia Entertainment, Xinyicheng and Jiahe. Xingguang Electronics has developed into the world’s largest pager manufacturer, and recently began to undertake the digital mobile phone OEM business of Huaxing Company~www.mtlnovel.com~ and Li Ying is also a wealthy woman in Hong Kong. She holds Kunpeng. The market value of real estate equity is more than 1 billion Hong Kong dollars, plus other assets, the total net worth is not less than 2 billion Hong Kong dollars. After achieving personal financial freedom, you can really do something you want to do. Originally, Li Ying joined the Haichuan Foundation as a substitute for the second sister-in-law temporarily, but gradually she really fell in love with this glorious career of giving roses and leaving a lingering fragrance in her hands.
“Our pine mushroom project in southern Yunnan Province this year has achieved great success! Taking advantage of the visit to Beijing-Beijing these few days, I have reached a larger-scale agreement with the National Foundation for Poverty Alleviation and the Yunnan Provincial Government-Government. A cooperation agreement, ready to start a flower planting project benefiting more farmers in southern Yunnan Province!” Li Ying said about her work, and her eyes flashed with confidence.
Matsutake is an extremely valuable edible fungus, and it is the supreme treasure on the Japanese table, but it is rarely produced in Japan, but it is widely distributed in the high-altitude mountainous areas of the western part of southwest China.
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