Chapter 436 1999 (Page 1/1)

The whole year of 1998 can be said to be very boring.

The Nasdaq index climbed by just over 270 points for the whole year, and not much new technology was developed, and after a boom in the late 80s and early 90s, it fell into a period of stagnation for the time being.

The stagnation here does not mean that it is not developing, but that the rise is not large, and the overall progress is still being made, the overall computer hardware is constantly updated, the network transmission speed is also getting faster, and the older generation of people is almost unable to keep up with the rhythm of the times.

Unlike young people who like to try new things, those who are older are both curious and disgusted with the Internet, such as Su Mu's grandfather, who is nostalgic for the slow pace of life, but he can't say that he hates the present, after all, his grandson is getting ahead, who would want to live that life of buying discounted milk every night.

The older generation is about to be marginalized by society, and there is not much that can be done to solve this problem except to advocate that the elderly also learn to use computers and feel its convenience.

Penguin Apple's sales have risen again and again, bringing him a steady stream of benefits, and being squeezed by this company, so that Dell is about to be unable to support it.

Now Su Mu's old friend Michael Dell is trying to get in touch and transfer his shares in Dell to him, that guy is in love with electric cars, and he plans to raise money to enter this industry, I have to say that fate is so wonderful.

With the opportunity to expand his market share again, Su Mu did not intend to let go, trying to take down the entire Dell brand and enrich the product line, the company's total market value is now only more than six billion US dollars, and it can be completely swallowed up with the strength of Penguin Apple.

In addition, other mergers and acquisitions are also constantly staged, this is a big fish eat small fish fierce competition era, some people to learn Su Mu's Internet enterprise development ideas, on the contrary, Su Mu's hands under the group, are also learning from other entrepreneurs, constantly enrich the Galaxy Group's "Internet ecosystem" plan, maintain a two-month launch of a new product of the high-speed expansion model, let time to test whether it is in line with the market demand.

At the beginning of 1999, Su Mu's worth returned to the peak, and in one fell swoop he broke through the $50 billion mark! Officially becoming the world's first billionaire worth more than $50 billion.

Forbes magazine also published a supplementary explanation for this, explaining that because of the lack of understanding of the fixed assets, art collections, cash flow and other aspects of Huaxia and Sumu, it is likely to cause a large error, which will only be more than $50 billion, not less than this figure, considering that there are still a number of Internet companies with excellent development prospects that have not been listed, it is likely to be as high as $60 billion to $70 billion.

The people who learned the news were sensational, but it had no impact on Su Mu himself, his material life had reached his peak, and it was almost impossible to improve it further, and the money became a string of numbers in the account, and he didn't put money in his pocket for a long time, and only occasionally when he went out shopping, he only brought some broken bills, and if he forgot to bring them, he would borrow them temporarily from the bodyguards.

In the 1998 year-end bonus, Su Mu took out a total of almost 200 million US dollars, and most of the employees of Huaxia companies, companies in the United States, and other companies received the rewards they deserved.

He is not a stingy person, he knows how to share wealth, and he also knows how to let others know that he is willing to share wealth, which can attract a large number of talents to his company.

After the age of thirty, he is still in the golden age of energy, but Su Mu often feels that he is no longer young, compared with when he was young, there has been a huge change in mentality, if those gray-haired super-rich people know his thoughts, they must be in tears, no matter from which point of view, he belongs to the winner of life......

Some of the fruits sown in previous years have reached the time of harvesting, such as the world's tallest building in Lujiazui, Shanghai, which was just completed in February 1999, and Su Mu also went to preside over the opening ceremony, which is just over a year, and his assets in China have more than doubled, and the total value is as high as more than 100 billion yuan!

Ultra-high sales and profits are enough to prove the value of those companies, and recently there are often staff members of the Shanghai Stock Exchange, asking him if he has any plans to list some industries, but he has been rejected, in Su Mu's view, the stock exchange system is not healthy at all, and I want to wait until I join TO to see the specific development.

More than 100 billion yuan is definitely not a small number, and the high-rise building, officially named the "World Center Tower", is worth tens of billions of yuan, with a total investment of more than 8 billion yuan, almost one billion dollars.

The economic situation in China continued to be good, which made him once again have the intention of investing, and a total of up to 4 billion US dollars has just been transferred to the overseas accounts of Jiuzhou Group, ready to invest in some promising companies, including state-owned enterprises that are stepping up reforms, and their assets are being globalized.

may believe Su Mu's words, and Huaxia's recent actions are not small, winning a large number of oil fields in Russia, natural gas fields, and South American iron mines.

There are also several "Xiangjiang enterprises" that are officially controlled by the government, which have spent a total of about 30 billion US dollars, which is quite large, and the trade surplus has allowed China's foreign exchange reserves to continue to increase, and the matter of joining the TO has been basically finalized, and the world is generally peaceful.

Today is March 10th, and Su Mu just celebrated his birthday last week, his thirty-first birthday.

His son Su Lin finished his winter vacation and went back to school, Su Mu asked the school teacher to help his son, and "rented" a small corner downstairs in the teaching building, which was used to set up a stall to sell goods at school and school every day, including pens, notebooks, snacks, water, etc., to support himself It is no longer a problem, Su Mu and Lily also went to help.

Xiao Su Lin is gone on the road of making money on his own, and he is worried that there is so much money that he can't spend it, and even the motivation to make money is about to be lost, and Lily is spending money through charity, making money faster than donating money, and has been doing charity for several years, and the assets in that charitable trust fund have become more.

The advantage is that Su Lin knows how to make money and save money at a young age, and now every penny he spends in his daily life is earned by himself.

Elon Musk approached Su Mu and showed him a rudimentary drawing, and then Su Mu personally approached Boeing, who unexpectedly expressed his willingness to cooperate with him to develop a new passenger aircraft with a passenger capacity of about 800 to 1,000 passengers, and the plan is underway.

At first, Su Mu didn't know what Boeing thought, but later found out that the increase in market value alone was far more than the two billion dollars of research and development funds that Boeing needed to come up with......

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