LIGHTNOVELONLINE Chapter 296:
However, Su Shaoze can't use these two functions at all at present.
He believes that he can live for a long time, and he will not consider the matter of heirs for the time being. He does not pay much attention to the role of the family fund in inheritance.
But in order to manage more and more overseas offshore companies and hide their personal wealth, it is still necessary to set up a family fund.
If Su Shaoze's net worth is fully exposed, he might become the richest man in the world, which would be too high-profile.
Now is not the time.
"The name of the family fund is called Su's Holdings!"
"In the future, all overseas offshore companies will be managed by Su's holdings, and the two of you will serve as vice presidents respectively."
Su Shaoze directly decided to say that this family fund is not known to outsiders.
And there will be a worldwide stock market crash next year, and Su Shaoze will never miss this opportunity.
The establishment of Su's holdings, on the one hand, is to hide Su Shaoze's skyrocketing net worth after the stock market crash, and on the other hand, to avoid the transfer of hatred to Su Shaoze and the Galaxy Group.
Chapter 514: Pacific Rim Energy and Mineral Group [Seeking flowers! Ask for a monthly pass! 】
The family fund of the Su clan's chaebol was established, named 'Su clan holdings'!
It has no impact on the Galaxy Group, but most of the offshore companies in Su Shaoze's hands will be controlled by Su's holdings.
These offshore companies hold 22.7% of Microsoft, 18.8% of Qualcomm, 7.5% of Apple and more.
Most are tech industry companies.
Su's holdings have crossed shares and multi-level holdings through offshore companies one by one, hiding their identity, but controlling the shares of these companies.
Moreover, when Su Shaoze invested in these companies, the Internet industry was just emerging, and no one was optimistic about these unfamiliar virtual industries.
I don't think this thing can appreciate in value, because there is no profit point at all!
So, when these stocks were bought, the prices were low.
Just like Microsoft, Fengyun Capital took only 15% of its shares with only 15 million US dollars. After two rounds of financing by Microsoft, Fengyun Capital's equity dropped to less than 10%.
But after Microsoft went public, several other venture capital institutions under Su's holdings began to quietly absorb Microsoft's stock.
Today, Su's holdings control 22.7% of Microsoft's shares, and it is one of Microsoft's largest shareholders.
However, on the bright side, this 22.7% stake is in the hands of Fengyun Capital and several other limelight institutions.
There is no relationship between them.
And the investment with the highest rate of return under Su's holdings is Cisco!
This is an Internet company completely dominated by Su's holdings. Its main products are the production of servers and the provision of basic network connections, which can be said to be the underlying cornerstone of the Internet industry.
After several years of continuous financing and share expansion, as well as the continuous introduction of human resources, the role of Lena and his wife as co-founders in the company is getting lower and lower.
And their shares are slowly being diluted, and now there are less than 20% left.
Since Cisco has not yet been listed, the remaining more than 80% of the shares are in the hands of several limelight institutions such as Fengyun Capital under the control of Su's holdings.
The Lena couple have almost no right to speak in the company. After they lose their role, they will be ruthlessly kicked out by the capitalist Su Shaoze.
In the end, they will definitely be kicked out of the company, and at most a few percentage points of share dividends will be retained.
Therefore, compared with Microsoft, Qualcomm and other companies, Cisco is almost a company that belongs to Su Shaoze.
And this company is still developing. If it continues normally, by the 1990s, Cisco will become the leader of the Internet industry for several consecutive years.
Profitability comes first!
...
After the establishment of Su's holdings, it quickly began to integrate the many offshore venture capital companies in Su Shaoze's hands.
At the same time, the financing of the Rolla Valley Mining Company was gradually determined.
David Rockefeller flew to Hong Kong Island again to talk about brotherhood with Su Shaoze.
In the end, it took a 15% stake in Rolla Valley Mining Company for $300 million.
The total value of the Rolla Valley Mining Company has reached 2 billion US dollars! !
Counting the 30 million dollars that Su Shaoze bought for the company, and the 500 million dollars invested in the follow-up, of course, the 200 million dollars that had swindled Mr. Clark before were thrown out.
In other words, Su Shaoze's net profit of 1.7 billion US dollars, of course, is only a valuation.
But Rolla Valley Mining has quadrupled its assets.
However, it is not enough to just introduce the Rockefeller consortium. For iron ore, more people are needed to share the risk.
The two mining giants in Turkey and Australia, Bihe and Lofetti, each took 10% of the shares.
If the Rockefeller family liked money, then the two mining giants simply liked iron ore deposits.
And Su Shaoze wants to mine iron ore in Tu and Australia, it is not enough to have good relations with the government, he must maintain good relations with these mining giants as much as possible.
A piece of the pie is inevitable.
Besides, all they put in are real money.
After the two companies took shares, they directly brought $400 million in assets to the Rolla Valley Mining Company.
In addition to these three companies, the Rolla Valley Mining Company has also introduced the power of the Hong Kong Island Consortium
Bao Chuanwang, Li Chaoren, and the gambling king jointly won 5% of the equity.
They don't have the wealth and wealth of the Rockefellers, nor do they have an urgent need for Rolla Valley iron like the two mining giants.
And a lot of their cash is invested in the island country, and they don't have much cash in their hands, and they even need a mortgage.
Although the Rolla Valley mining can make a lot of money, it will take a long time, even five or ten years.
But on the island country side, you can see the benefits soon!
So although Su Shaoze is willing to make money with them, their funds are limited, and they can only get 5% of the shares together.
As a result, Rolla Valley Mining Company took out 40% of the shares for financing, in exchange for $800 million in cash.
This amount of money is enough for the subsequent iron ore mining and railway transportation construction work.
The Galaxy Group still owns 60% of the shares and maintains control over the Rolla Valley, which is very important to Su Shaoze.
The export of iron ore from Tuao may become a bargaining chip in the future.
After confirming the equity distribution of Rolla Valley Mining, the Galaxy Group started another major event.
After Su's Media Group, Tengxun Electronic Industry Group, and the still empty Yellow River Heavy Industry Group, another industrial-oriented sub-group was born.
Pacific Rim Energy and Minerals Group!
Mainly responsible for the mineral development and energy utilization of Galaxy Group.
At present, the energy group will be composed of three companies!
Rolla Valley Mining Company!
Island Oil Company!
Nanyang Rubber Company!
These three companies are all important companies under the Galaxy Group and are concerned with the lifeline of energy.
In the future, the Pacific Rim Energy and Mineral Group will focus on the Pacific coast and invest in Maoziguo, Xiaomaozi, Nanyang, Tuao, and the other side of the ocean.
The main business is the mining and utilization of coal, oil, natural gas, minerals, and non-ferrous metals.
The goal is to become a world energy giant! .
Chapter 515: School Bully, Bear Child, Su Tianyou [For flowers! Ask for a monthly pass! 】
The establishment of Pacific Rim Energy and Minerals Group marks that the influence of Galaxy Group has once again reached a new level.
Whether it is oil or mineral resources, they are the lifeblood of all countries in the world and the foundation of all industrial systems.
In the energy industry, Galaxy Group will only invest more power!
With 40% of the shares for financing, Rolla Valley Mining Company has also received sufficient funds for development.
With the construction and mining of the iron ore deposits in the Rolla Valley, the time has slowly come to 87 years!
This year, many major events will happen in the world, and Su Shaoze's eldest son, Su Tianyou, has also reached the age of school.
St. Huatis School is one of the best schools on Hong Kong Island, with first-class teaching conditions and strong teachers.
The most important point is that although it has a name that is biased towards English, its on-campus curriculum is focused on Chinese.
Moreover, its principal was a well-known scholar who came from the mainland 40 years ago. I heard that he was also an angry youth back then. He was running on the road of saving the nation and trying to survive. He was a real patriot.
18 Because of this, Su Shaoze chose this school for his son to attend.
Instead of the two general aristocratic schools on Hong Kong Island.
When children formally recognize the world and broaden their horizons, Su Shaoze doesn't want his children to be educated as wimps and white-hearted things.
On this day, a girl's cry suddenly came from the grass in the school.
"Su Tianyou, you're too bad, I'll go tell the teacher, woo woo~"
I saw a little girl crying and running out, crying all the way to the teacher's building.
This little girl is very beautiful, wearing a small skirt, as cute as a porcelain doll, you can see that she will definitely be a beauty when she grows up.
After the little girl left, a boy ran out of the grass, reached out and wiped away a trace of blood from the corner of his mouth, and grinned wickedly.
"Dare to bite my mouth? Want the wicked to sue first? Is there any reason?"
The kid with that smirk was Su Tianyou.
The one who looks like a talented person, with star-like eyes and handsome eyebrows, can vaguely see Su Shaoze's demeanor on his face, and he is a mess of sunshine and handsomeness.
And because of the excellent genes, Su Tianyou's development is much faster than that of his peers, not only his physical fitness is better than his peers.
Obviously only five years old, but it looks like six or seven years old.
Moreover, the IQ shows a crushing advantage to the peers, and a lot of knowledge can be absorbed quickly.
However, with the development of IQ, there is also the emotional intelligence of this little brat, who understands a lot of things at a young age.
Bullying female classmates in school, and becoming the king of children, there are several followers behind the butt!
After leaving the grass, Su Tianyou quickly found a few followers to play with.
But after a while, the girl who had just left came over with a female teacher.
"Su Tianyou, come here, why did you bully Tang Xiaoxuan?"
The female teacher, who was in her early twenties, was an intellectual beauty, and she reprimanded Su Tianyou when she came up.
And standing beside him was the little beauty who had gone to complain before, staring at Su Tianyou with hatred.
"Uh...Mr. Yang, I didn't bully Tang Xiaoxuan, she bullied me~" Su Tianyou said with a face of dissatisfaction.
"Hehe~"
Yang Qian'er sneered, although she just took over this class of students and didn't know much about most of the students, she was very impressed with this Su Tianyou.
Forming gangs and being mischievous, they are simply bad students in the teacher's mouth.
But the strange thing is that this little brat's academic performance is still very good, and he actually won the first place in the class in the opening exam.
It can be seen that this is a very smart child, but he is not willing to study hard.
As a teacher, Yang Qianer felt that she had the responsibility to educate this child well, and not let him continue to grow crooked.
"Then tell me, why did classmate Tang Xiaoxuan bully you?"
"Mr. Yang, look at my mouth. She bit her and it's bleeding. Isn't she bullying me?"
Hearing this, the little beauty Tang Xiaoxuan didn't want it anymore. She opened her eyes wide and said angrily, "You are talking nonsense, it's clear that you bit me first."
Hearing this, Yang Qianer's eyes widened. Tang Xiaoxuan didn't make it clear when she came to complain, but now she finally understands.
It turns out that Su Tianyou, this little brat, has grown into a tree with a crooked neck.
You should bully female classmates like this.
He must be corrected quickly.