Chapter 739: How much money does Qiao Feng have
"At all costs?" Lin Qingxia heard that Qiao Feng wanted to take Comcast at all costs, and the whole person was not good.
"It's not necessary, aren't you saying that this Comcast only has two million subscribers? But it's similar to ATV's viewership in Hong Kong, and it's not even as wireless, so it's worth taking it at all costs?"
Lin Qingxia felt that Qiao Feng was trying to exaggerate the channel and was stunned.
"Haha, of course it's worth it." Qiao Feng nodded as a matter of course.
If you talk about the current Comcast, it is not worth Qiao Feng to say that he will do whatever it takes, but the current Comcast is not his purpose, what he wants is to use Comcast as a pedal and get involved in the North American TV business.
He values the future with Comcast as a starting point.
This is still Qiao Feng's idea when he doesn't understand what kind of peak Comcast has reached in the original space-time.
If he knew what kind of existence Comcast would become, Qiao Feng would definitely be more determined to take Comcast than he is now.
As a major cable TV, broadband network and IP telephony service provider in the United States, Comcast is the largest cable television company in the United States with 24.6 million cable TV subscribers, 14.4 million broadband Internet subscribers and 5.6 million IP telephone subscribers.
Comcast is also the second-largest Internet service provider in the United States, after AT&T amp; amp; amp; amp; amp; amp; amp; T, that is, the telephone and telegraph company, is the absolute number one telecommunications company.
In the 2017 list of the world's most profitable companies, Comcast ranked 11th. The 2018 Fortune Global 500 list was released, and Comcast ranked 80th.
But Qiao Feng doesn't know this, but he is still optimistic about the future development after winning Comcast.
Of course, the main point is that Qiao Feng is not short of money now.
"We have money." In the face of Lin Qingxia's incomprehension and concerns, Qiao Feng said very indifferently that he was very domineering and arrogant.
"How many?" Of course, Lin Qingxia knew that Qiao Feng was rich, and it was a lot of unimaginable money, but she didn't know how much it could be.
"You can buy several Comcasts." Qiao Feng thought for a moment and said.
"So much." Although she knew that Qiao Feng had money, a lot of money, Lin Qingxia was still frightened by the answer given by Qiao Feng.
Because, Qiao Feng Qiao Feng told her that Comcast's market value is more than two billion dollars, and Qiao Feng's original plan to acquire Comcast is capped at three billion dollars.
This price was made by Qiao Feng with reference to the price of Viacom acquired by American cinema tycoon Lei Shidong two years ago.
In 1984, Lei Shidong was already at the helm of the largest cinema chain in the United States, but he was not willing to only be a movie theater, he wanted to be the helm of the largest media empire.
In order to be able to successfully acquire this company, he began a long-term tug-of-war. In order to secure funds, he even revoked the divorce application - to prevent his wife from taking half of his property. After a long year of negotiations, the wish was finally granted for $3.4 billion.
Through the acquisition of Viacom, Lei Shidong has mastered 5 TV stations, 8 broadcasters, 18 cable TV networks with 930,000 subscribers, and strong media such as Viacom Production Company and Viacom Parent Enterprise.
But the general opinion in the industry is that Lei Shidong paid too much money, but today, a few years later, Lei Shidong has proved that his decision is extremely correct.
Viacom's subsidiary, MTV Network, has enjoyed tremendous global success over the years. By bringing MTV to Europe, Latin America, Australia and Asia, Lei Shidong is proving that pop culture can be global and profitable — with double-digit revenue growth for the MTV network in recent years.
The acquisition of Viacom allowed Lei Shidong to take a solid first step towards becoming an international media giant.
What Qiao Feng has to do now is to follow Lei Shidong's example and acquire Comcast as an important step for his dream of a media empire.
A few years ago, it cost a huge amount of $3.4 billion to acquire Viacom, although Comcast is not as good as Viacom in the previous two years, but after a few years, Qiao Feng feels that it is worth it to acquire Comcast at a premium of 10% and 20%.
The acquisition of Comcast was capped at the beginning of the three billion US dollars, not to mention how much Qiao Feng is now ready to buy Comcast at all costs.
How many times is three billion dollars, that is, twice is six billion dollars, three times is nine billion dollars, four times.....
No, I can't count it any further, I'm going to faint.....
"That's a lot more than the money you have on the Forbes rich list." Lin Qingxia said with some liver tremors.
"That list can only count the wealth on the surface, and my money is more in the shadows." Qiao Feng pouted to express his disdain for the Forbes rich list.
"Then if your net worth is to be ranked really, won't you be able to rank among the top few in the world." Lin Qingxia felt like she was in a dream when she said this.
Accidentally, I turned out to be the woman of the top few men in the world.
"At least third." Qiao Feng lightly raised three fingers.
According to the Forbes rich list, his net worth is only more than one billion dollars, which is about the same as the net worth of the future big-headed president of the United States.
But the big-headed president, or all the other people on the rich list, their net worth is calculated based on the market value of the companies they own, multiplied by the shares they hold, and so on.
So, it's basically the same.
But Qiao Feng is different, the companies that Qiao Feng holds shares are only Longteng Cinema Line, TVB, Ming Pao and MGM in Hollywood, as well as several other brokerage companies and special effects and film production companies that are not listed.
But these only account for a very small part of Qiao Feng's wealth.
Qiao Feng has more money in the stock market and real estate, and these have been his personal investments from the beginning, and basically no one else knows how much he has made except for the people who handle it.
And how much does Qiao Feng profit in the stock market and real estate?
Since Qiao Feng raised one billion US dollars to enter the market, he first experienced the basic benefits of the Plaza Accord, and the yen continued to appreciate against the US dollar, and when the value of the yen was exchanged for US dollars at the highest point, it was double the profit between changing hands, and one billion US dollars became two billion.
After that, the global stock market suffered a heavy blow on Black Monday, but Qiao Feng shorted in advance, and the money multiplied several times.
After that, Qiao Feng invested the money and other income in the stock market and real estate, how much did he profit?
Qiao Feng himself didn't know.
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Thanks to the book friend Little Tiger in the Demon World for a reward of 100 coins.