Chapter 2078 Forbes richest man(1/2)
In recent days, Forbes magazine suddenly held a press conference, announcing that it will re-establish the ranking of world wealthy people every year starting this year.
And this year's one has been made.
They have drawn 100 wealthy people around the world and have given a ranking according to the announced wealth standards.
As soon as this news came out, the whole world was a little excited.
Forbes magazine was actually doing the rankings of wealthy people before, but this was only in North America, and at most it added Canada, and the scope did not spread to the world.
Money is something that everyone loves. Seeing the ranking of rich people is just like the ranking of heroes in China in the past. It has a kind of gossip and a kind of fun of peeking into other people's secrets.
People from various countries can even have a specific comparison. If the richest man appears in his own country, it is also something worth showing off.
So, when Forbes Magazine was on sale yesterday, the 1 million copies in North America were sold out.
Then the 500,000 copies from Europe and South America were sold out early.
These are already their entire inventory. I originally thought that I could sell it for two or three days, but I didn't expect it to sell it so quickly.
They had to start the printing machine immediately and try to restock earlier.
Not to mention those who didn’t buy it, those who got Forbes magazine opened the magazine as soon as possible.
Because it was the first issue, Forbes Magazine did it very detailedly, unlike in its previous life, which basically ranked one list.
At most, each person has a few lines of explanation at the bottom of the list.
This time, they wrote down all the photos, information, asset division status, and future development potential of 100 wealthy people.
A whole volume of Forbes magazine has more than 300 pages, which is considered very kind.
No wonder many people want to buy it, even for collection, it is an excellent thing.
In this issue of Forbes magazine, there are two people’s avatars, one on the left and one on the right.
On the left is Sam Walton, the founder and boss of Walmart.
The one on the right is much younger than him, only in his twenties, and he is also a Chinese.
He is naturally Yin Jun.
The focus of Forbes Magazine this time is these two cover characters!
If you open the general narrative list, you will see that Sam Walton is ranked second, and the first one is the other character on the cover, Yin Jun, who is only 23 years old.
Sam Walton is 67 years old this year. His youngest daughter is over 10 years older than Yin Jun, and even his eldest grandson is almost 20 years old this year.
In other words, in terms of age, Yin Jun and Sam Walton's grandson belong to the same generation.
But in terms of wealth, he ranks above Sam Walton.
Since it received a lot of funds from its listing in the past few years, Walmart supermarkets have swept across the United States at a very fierce speed.
Walmart supermarkets have deeply touched the hearts of consumers with their two characteristics of cheap and high-quality, especially cheap products, and have achieved great success.
In the past five years, Walmart's average turnover growth rate has exceeded 20%, which is shocking.
This also led to Walmart's stocks rising continuously, which also caused Sam Walton's stocks to soar.
Now his shares are worth US$23.3 billion, making him the veritable richest man in the United States.
Forbes magazine also highly praised that if it continues to develop in this current state, Walmart will definitely become the largest supermarket chain in the United States.
As long as they complete their layout in the United States, Sam Walton's status as the richest man in the United States will continue for many years.
Even their bold predictions were made that the Walmart stocks in Sam Walton's hands could be worth more than 100 billion US dollars!
I don’t know if they want to use this amazing number to make everyone interested and discuss, but this astronomical figure of 100 billion US dollars still makes most people’s eyes widen.
Forbes' North American rich list over the years is only 150 million US dollars.
But the most wealthy people before were only about 20 billion US dollars.
It was Sam Walton's assets that exceeded US$23.3 billion, which is a very big improvement.
Now Forbes said that his future wealth is likely to reach 100 billion US dollars!?
Is this a random talk?
However, when they saw the wealth statistics and introductions about Yin Jun, who ranked first, they immediately felt that Forbes Magazine's boast about Sam Walton was nothing.
Last year in May 1984, Xiangjiang's Qilin Daily once praised Yin Jun as the richest man in the world, which attracted widespread attention from the world at that time.
Many newspapers and magazines have reproduced this news, as well as various statistics from the Qilin Daily.
Basically, everyone still recognizes it very much. In the past two years, many people directly call Yin Jun the "richest man in the world". This is natural.
However, Qilin Daily is just a newspaper in Xiangjiang after all, and it has no authority in the Western world. Therefore, many people are ridiculous when calling Yin Jun the "richest man in the world".
In their opinion, there are too many people like this who boast about their wealth in small countries and places.
These rich people always think that they are the boss and the richest person in the world.
However, many of the assets of the rich are virtual, or they secretly increase the value of the assets.
For example, if your company was originally worth only 1 billion US dollars, but if you say it is worth 10 billion US dollars, wouldn’t it be your final decision?
If you have more companies like this, wouldn’t it be worth tens of billions of dollars in assets?
So many people who don’t read the reports of Qilin Daily think so about Yin Jun’s richest man.
But Forbes magazine is different.
Forbes Magazine, which has been founded for more than 70 years, is very famous in the Western world.
Its industry is actually about economy and commerce, and there are often many insightful articles and comments, and many European media often quote them.
Over time, Forbes Magazine has gained a lot of fame all over the world.
As the United States became stronger and stronger, Forbes Magazine also gained benefits and has since become a very authoritative existence.
It lists the world's richest man with such a big fanfare, and of course it has its own basis.
The data that are sorted out are not afraid of everyone checking them.
The integrity of this paper media is still very strong. They will not be like those online media in 30 years later, talking nonsense, and speaking all depends on making up.
Forbes Magazine mainly gave Yin Junlie its wealth, and its industries outside the mainland.
In their opinion, factories and land in mainland China are not very reliable. This is also an important reason why many people do not agree with Yin Jun’s richest man in the world.
Let’s talk about Yin Jun’s industry in Xiangjiang first.
He owns the world's largest cultural toy industry chain, Qilin Culture, a company.
Including Qilin TV, Qilin Daily, Qilin Weekly, Qilin Toy Factory, Qilin Game Company and Qilin Records Company.
One of the most important ones is naturally Kirin Weekly and the industrial chain it derived.
Considering the comics industry, the sale of peripheral products, etc., Forbes Magazine quoted the average valuation of four investment banks and securities companies, and valued this series for super high-quality assets at a valuation of US$10 billion.
Don't think the valuation is too high.
Last year, the revenue of comics and single-books of Kirin Weekly reached HK$10 billion in a year.
What's even higher is the sales of peripheral toys, clothes, stationery, etc. of a series of best-selling comics such as "Transformers", "Saint Seiya", "Dragon Ball", etc., which brought sales to Kirin Group more than 5 billion US dollars.
With such a high profit, the valuation of 10 billion US dollars is already very conservative.
But in fact, the one with the most profitable is Kirin Games.
With the decline of Atari Company, Kirin Games relied on its own game consoles to capture the world's handheld electronic game market, with its total sales in 1985 exceeding 15 billion US dollars!
No matter how underestimated it is, Kirin Games' valuation cannot be reduced to US$10 billion.
Then, a little more conservative, they added up the entire valuation of Qilin Culture and calculated 20 billion US dollars, which really makes people have nothing to say.
As for the Lantau Island that Yin Jun spent a lot of money to develop, as well as Kirin Real Estate, Kirin Movies, etc., the valuation is 2 billion US dollars, which is not the main body of Kirin Group.
There is also Kirin Communications, which now has its business all over Asia, even the United States. People are using their mobile phones. Forbes' valuation for this emerging industry is very generous, and it has a valuation of 5 billion US dollars.
At the same time, there are a few comments here. If you look at the greatest development potential in the future, this Kirin Communications company should be this one. It is estimated that it is likely to become the second Motorola Electronics company in the future, with a value of more than 30 billion US dollars not necessarily!
Therefore, the total assets of Xiangjiang Yinjun are counted as US$27 billion.
Next is Yin Jun’s Qilin Mining in Western Australia.
Two consecutive high-precision iron mine areas with more than 1 billion tons were discovered, with conservative value of more than 50 billion US dollars.
Considering the huge investment in various basic constructions, such as road construction and port construction, and the price of iron ore is not high relative to the cost, it is not considered a bad treatment for Kirin Mining, just a wealth value of 10 billion US dollars.
Oh, by the way, Wankang Company is also regarded as a member of Kirin Mining's system, so it is not listed separately, and is included in US$10 billion.
Forbes seems much more familiar with Yin Jun’s assets in the United States.
They believe that Yin Junmei's assets are basically divided into two series.
The first is the entertainment and media department.
Including ab TV, Disney, Lianyi Film, Sports Entertainment News, Me Magazine, Vanity Fair Magazine, New York Kirin Team, etc.
These are listed in categories and have a valuation of 13 billion US dollars.
The second one is about electronic technology.
To be continued...