Chapter 289: The Richest Man

Until a few days before the new issue of the magazine was finalized, Malcolm Forbes, the second-generation head of Forbes magazine, was still discussing the new year's list of America's 400 richest people with the editorial team.

Compared to previous years, a noticeable difference on this year's local list is Sam Walton's exit.

Due to the continuous deterioration of his health, Sam Walton has officially transferred his shares to the family trust and several children at the beginning of this year.

If Sam Walton hadn't sold his shares, the retail tycoon's worth of more than $8 billion would have been able to stay at the top of the list in the United States. Now, although the Walton family as a whole will be counted on the Forbes global list released next month, the position of the richest man on the local list has become an issue that many people are paying close attention to.

During this time, Malcolm Forbes has received countless calls to inquire about this matter, and many rich people look indifferent on the surface, but in their hearts, they are actually very interested in their wealth ranking. As the world's most authoritative wealth list, Forbes magazine is very cautious about determining the data of its own lists.

After careful investigation and extensive discussion by the editorial team, the new edition of the list has finally been finalized, and Malcolm Forbes understands that this year's edition of the list is destined to be controversial.

Saturday, September 9.

With the release of the new issue of Forbes magazine, the phone at Malcolm Forbes' home in the affluent area of Farshers, in the western suburbs of New York, rang non-stop, and the first thing many people said was 'Mal, are you kidding us?'

The Forbes list, of course, can't be a joke.

However, the name of a young man at the top of this list has made too many people feel a little glaring.

Beverly Hills.

At just after five o'clock West Coast time, Simon began to receive calls from all sides to congratulate him on his position at the top of this year's rich list, and even Sophia of France and Janet of Australia called him.

I worked overtime over the weekend, intending to finish the later stages of "Batman" in one go. However, the chaotic early morning doomed it to be difficult to work peacefully this weekend.

After breakfast, Simon had just left the house in the car when some media reporters who were already squatting outside followed him until Simon's car drove into Warner Studios. As soon as he arrived at the post-production center of Warner Studios, Terry Semel appeared in front of Simon, with the same congratulatory words, and asked Simon if he had time to eat together at noon.

There is nothing serious, Simon is too lazy to have dinner with a big man, so he naturally refuses.

After a few small talks, Terry Semel leaves, and Simon's driver hands over a copy of Forbes magazine before he enters the Batlord studio in the Post Center.

Simon instructed the staff who looked at him with more strange eyes to prepare for today's work, and sat down in the office chair in the studio, flipping through the magazines in their hands. He wasn't interested in the long rankings, just looked at the top 10 that the magazine had deliberately listed to occupy an entire page.

First place: Simon Westeros, $6 billion, 21 years old.

Second place: John Kruger, $5.2 billion, 76 years old.

Third place: Warren Buffett, $4.2 billion, 59 years old.

Fourth place: Somer Lei Shidong, $2.88 billion, 66 years old.

Fifth place: Ted Alison, $2.8 billion, 65 years old.

Sixth place: Donald Newhouse, $2.7 billion, 60 years old.

Seventh place: Samuel Newhouse, $2.7 billion, 61 years old.

Eighth place: Anne-Cox Chambers, $2.55 billion, 69 years old.

Ninth place: Barbara Cox Anthony, $25.5, 66 years old.

No. 10: Ross Perrault, $2.4 billion, 59 years old.

A hairy boy suddenly appeared in front of a group of top rich people with an average age of more than 60 years old, and he looked very winkling indeed.

To achieve such an initiative in just three years, if you are not happy, it is hypocritical.

However, Simon didn't continue to dig through more materials and quickly got into the day's work. $6 billion, which is indeed not much different from Simon's current net worth, but it is still far from Simon's expected goal. At least, on the list of the world's richest people, he is still estimated to be difficult to enter the top 10 this year. His goal is not just to finish in the top 10 of the global list, or even to get the first spot.

On his 19th birthday, he had a somewhat youthful and frivolous conversation with Janet on the outskirts of Phoenix, which he never forgets.

Since he was living again, just doing his best was not in line with Simon's expectations, and he wanted to reach a height that everyone would look up to.

Simon started the day's work calmly, but the media in North America and even around the world were boiling because of the news that he had topped the American 400 rich list.

The first place is always the one that gets the most attention.

Just like the Forbes rich list for many years later, the whole world knows Bill Gates, who has long dominated the first place, but if you are asked who the second or third place is, most people can't blurt it out.

With Simon's ascension to the top, the first reaction of the major media outlets was almost one-sided questioning.

Simon Westeros is very rich, this is a concept that most people have already established in their minds, however, how is it possible for a 21-year-old to become the richest man in the United States in just three years without inheritance, with a personal net worth of up to $6 billion?

However, compared with last year, Forbes's data on all aspects this year is more detailed, and even some of Simon's assets that he thinks he has hidden well have been picked up by Forbes.

Among Simon's personal assets, the most obvious ones are still the technology stocks.

After the large-scale reduction in the first half of the year, although the remaining 19 technology stocks include stocks like AMD, which brought losses to Simon, the stocks of Microsoft and Intel, which are heavily owned by Westeros, have continued to rise for half a year.

Compared with the statistics after the completion of the reduction at the beginning of the year, the overall value of technology stocks held by Westeros has increased by 13% in half a year, with a total value of $1.77 billion.

The second asset is Cersei Capital.

In recent months, the Japanese have released more news, consciously or unconsciously, and the operation of Cersei Capital has gradually become more known.

Based on Cersei's net asset value of more than $3 billion, Forbes judged that Simon had at least a third of the shares, which is another $1 billion.

The third asset is a large number of properties in Simon's name.

This is also what surprised Simon.

Forbes magazine found the buildings and the corresponding land that Simon bought east of Madison Avenue in Manhattan, and at the same time, the batch of real estate investment in Europe was also counted, counting Simon's large number of luxury homes in cities such as Los Angeles and New York, Forbes calculated that the total value of Simon's real estate holdings reached $400 million.

The fourth asset is a series of unlisted companies in which Westeros holds shares.

Cisco, AOL, and even Igret, which has only been around for a few months, are all included, and Gucci, a luxury company, is also counted.

Cisco has recently begun to make its mark, and Gucci's recovery in the past six months is obvious to all.

Forbes valued the private companies at $300 million.

The combined value of these four assets alone is close to $3.5 billion.

Next, the fifth asset, and naturally the most important one, is Daenerys Entertainment. ’

Forbes magazine has a list of assets that Daenerys Entertainment already owns:

Daenerys, New World and Hormon, which have a large number of blockbuster films;

Daenerys Television Company, which owns a number of lucrative reality shows;

Marvel Entertainment;

30% stake in Blockbuster, which owns more than 750 video cassette rental and sales chains;

Pixar Animation Studios;

Daenerys Special Effects;

Blizzard Studios;

the Daenerys Studios in Malibu and the headquarters building in New York;

Toy factories in Rhode Island;

Then, there is a comparison with the list of assets of Columbia Pictures, which Sony has just completed its acquisition.

Sony paid a total of $5 billion for Columbia Pictures' Columbia and Samsung labels, a library of more than 4,000 film and television rights, an 820-screen Loes cinema chain, and five local television stations.

Columbia and Samsung are significantly inferior to the energetic Daenerys Entertainment's Daenerys, New World and Gaomen.

The copyright of more than 4,000 films and television works may be Columbia Pictures' greatest advantage, but the income of these more than 4,000 film and television works through home entertainment operations such as videotapes and television broadcasts may not be as good as the income of one or two blockbuster films of Daenerys Entertainment.

This asset is more of a potential secondary development copyright value and a long-term heritage.

Although the Loes cinema chain is wholly owned by Colombia, its 820 screens are nothing compared to the total number of screens in North America total, which exceeds 23,000. In comparison, Blockbuster has rapidly expanded its market share to 10% in the past six months.

As for local TV stations, Ron Perelman, who had ambitions to enter the media sector, bought 12 local TV stations for only $100 million in an industry merger in March, and the total value of the deal, including the liabilities of these stations, did not exceed $200 million.

The national television network of North America's major television networks has relied mainly on these television stations to build, and each of the three established television networks ABC, NBC and CBS has more than 200 affiliated TV stations.

It is not difficult to see that the value of the TV station in the hands of Colombia is definitely not too high.

In addition, Daenerys Entertainment has opened Daenerys Studios, but Columbia Pictures does not even have its own studio, and Sony must continue to spend money on the studio if it wants to revive the operation of this old film company.

In contrast, Sony Ken paid a price of $5 billion for such a film company, and Daenerys Entertainment, which is still in a state of rapid expansion, is naturally not too low, and even more than Columbia Pictures.

Considering that Sony paid almost double the premium for Columbia Pictures, Forbes magazine valued Daenerys Entertainment at no less than $3 billion.

Finally, after repaying some of the debt due in the first half of the year, Simon's debt has fallen to less than $800 million.

Based on the above data, Forbes magazine rounded it up and gave Simon Westeros a personal net worth of $6 billion.

Forbes magazine's statistics are well-founded, but the media controversy has not diminished in the slightest. In addition to Westeros' public holdings of easy-to-count tech stocks, Forbes magazine's valuation of several of Simon's other assets has been the focus of media discussion.

In the days that followed, with all sorts of media discussions and newspaper articles about Forbes magazine's wealth list, crammed countless TV screens and newspaper pages of various categories, Simon's attention was already very high, and at this time he was once again a figure of the year in North America, and some media outlets began to predict whether Simon Westeros would be featured in this year's Time magazine Person of the Year.

"Is Daenerys Entertainment really worth $3 billion?"

"What did Simon Westeros do when he bought the Manhattan plot?"

"Is Daenerys Entertainment only worth $3 billion?"

Media mogul John Krueger has accused Forbes of inflating Westeros' personal net worth figures in order to gain attention. ”

"Cersei's capital benefit distribution revealed. ”

Robert Galvin, former chairman of Motorola: Selling Motorola stock was Simon Westeros' biggest mistake. ”

"Westeros & Co.'s Technology Stocks Investment Landscape Analysis. ”

Australia's Qintex Group has made a $1 billion offer to MGM. ”

"The best time to buy the bottom: Westeros is bullish on the global real estate market. ”

"Chicago police cracked the 'psychic class' fraud case, with a tuition fee of $10,000 a week, and the suspect made illegal profits of more than 2 million. ”

“......”

“......”

There has never been a shortage of followers in this world.

No matter what the many media platforms talk about, no matter what discussions and events are happening around Simon's personal net worth, it is already an established fact that Simon Westeros has taken the top spot on the list of America's richest people with a personal net worth of $6 billion.

As the buzz about Simon's personal worth continues to spread, both the North American tech sector and the Japanese stock market, which continues to rise, have seen an influx of investors in a short period of time.

As the foundation of Simon's development, Hollywood has once again become the object of close attention of capital.

After the 87 stock market crash, Hollywood has really experienced a period of difficulty, and mainstream second-tier companies such as De Laurentiis Entertainment and Canon Pictures have broken through, however, with the exposure of the new year's "Forbes" rich list, a large number of capital that has fantasies about the film and television industry because of Simon's series of achievements has begun to move again.