Chapter 960: Breaking the Earth (Part I)
Zhou Shi didn't expect him to become the richest man in the world so quickly, which conflicted with his original intention. He has hidden his wealth for so long, how can he become the richest man so quickly?
Yahoo and Guoke both have a market capitalization of more than $150 billion, and he owns 40 percent and 9 percent of them, respectively, worth more than $73.5 billion. Coupled with Adobe and Netflix, which have a market value of nearly $50 billion, Zhou Shi holds 10% and 6% of the shares respectively, which is worth about $8 billion. The sum of the two is more than 80 billion US dollars, and Bill Gai's net worth is not as skyrocketing as Zhou Shi's wealth!
"The richest Chinese in the world!"
"The youngest richest man in the world!"
CCTV, local stations, web portals, and self-media reports continue to appear, distracting the influence of the World Internet Conference. Of course, things like Tesla's driverless cars are difficult to suppress even if they want to. After all, it still occupies an important place in the news of technology and finance.
The partners of the Huaxia Entrepreneur Club asked him a lot, and many people mentioned this matter at the various dinners he attended, anyway, in the eyes of outsiders, Zhou Shi is not very taboo about the title of the richest man. By now, many people know that his wealth is more than just what it seems, but no one knows exactly how much. Even if Liu Chuanzhi becomes the chairman of Time, I don't know how many shares Zhou Shi has in it. Until this time, Zhou Shi was ready to donate the entire company. Of course, the detailed situation has long been hidden in various documents and archives, and Liu Chuanzhi only knows a rough idea. Anyway, the final decision must be in Zhou Shi's hands.
The second Internet Conference is over, and it seems that a lot has happened, and nothing seems to have happened. However, after everyone left, Time, Friends, Guoke, Galaxy Capital, and Sixiang Fund stayed, and some influential reporters were also invited to stay.
Not only that, some domestic and foreign financial buyers also came, such as the four major banks, foreign Citigroup, HSBC and so on.
Immediately afterwards, some experts and scholars at home and abroad came, and some of his friends in Europe and the United States, such as Bill Gai, Warren Buffett, Bezos, Larry, Musk and others, and Jack Ma and others in China also appeared.
Obviously, everyone knows there's big news coming.
Yes, that's right, Zhou Shi is ready to announce his plans. And there is no doubt that this is a very big thing, Time Holdings is a large-scale non-listed technology company, and it cannot be described as a unicorn very well.
For example, in addition to advertising, Android's revenue is the app store (historically, in 2015, Apple's AppStore revenue was 214.5, and GooglePlay's revenue was 122.5). The time Android app store could reach $8.5 billion in revenue this year, compared to $15.1 billion and $10.6 billion in Apple and Google app stores, respectively. According to public documents filed by Oracle against Google, as of 2015, Google's revenue through Android was about $31 billion, of which $22 billion was in profit. Then apparently at the beginning of this year, Google's Android revenue exploded. Time Android's revenue will also explode!
Time's cloud computing is currently the second in the world, Amazon's cloud service revenue in a quarter is more than 1.5 billion US dollars, and 1 billion US dollars in the first quarter of Time Cloud Service is not much. You must know that Netflix, which accounted for the majority of Amazon's cloud service revenue in the previous life, can be transferred to the subsidiary of Time Cloud. Even if it is difficult to carry out its business because of the Chinese background of Time Cloud, the gap between the two sides is not much. The entire cloud service market is growing rapidly, and it depends on who eats more. Even excluding NetSuite's billions of dollars in revenue, it shouldn't be a problem for Time Cloud to earn $5 billion in 2015.
Instagram's advertising revenue in 2015 will be 600 million US dollars, Whatapp basically has no income, and the advertising revenue of WeChat public account and Moments is about 600 million US dollars. Needless to say, UC Browser has basically transformed into an information flow product, and the revenue is considerable. Others, such as the Chrome browser department, have revenues of hundreds of millions, and as for Time Music, these are not yet profitable. Mixed income, $2 billion in 2015 should be acceptable.
The other is Time Finance, which not only has Square in Europe and the United States, but also WeChat Pay in Asia. The turnover is considerable, the profit does not need to be considered, and it is still being promoted at a loss. However, the scale of domestic Tenpay exceeded 500 billion soft sister coins, coupled with cashless transactions, the income of more than 10 billion soft sister coins is still there (Ant Financial's revenue was 25 billion soft sister coins in the same period), barely 2 billion US dollars!
The biggest source of income is still Time Games, Ubisoft's 1.5 billion US dollars a year, and the Penguins in the previous life have 60 billion soft sister coins in game revenue this year, so it shouldn't be very difficult for the game to earn more than 10 billion US dollars at home and abroad! Even if Zynga's revenue is not combined, the total revenue of the game business should be more than 12 billion US dollars.
According to such statistics, Time Holdings, excluding the two listed companies NetSuite and Zynga, has a revenue of about 30 billion US dollars, even if the profit margin is very low because of continuous investment in cloud computing, artificial intelligence, blockchain and other technology fields, Time Holdings is a giant-level enterprise.
Facebook's revenue in 2015 was only $18 billion, but the profit reached $6.2 billion, and Time Holdings did not have this profit margin, and I don't know if it achieved a profit of $5 billion in the end...... If you calculate the price-earnings ratio of 15 times, the current market value of Time Holdings is about 600~70 billion US dollars. This price is already a discounted price, and it is impossible for a company with such amazing growth to be sold at this price-to-earnings ratio. Of course, the presence of a gaming company will lower the valuation of a business, after all, no one can guarantee that the game will always be a good seller. But if Time Holdings really appears in the market, there may be many people who break their heads and have bloody conflicts.
"Power and wealth have always been the protagonists in the development of human beings......
The advent of the Internet and the high development of the modern financial industry have made the accumulation of wealth faster and faster, and the gap between the rich and the poor in the world is also getting wider and wider......
I don't know if the current social order will collapse because of these kinds of problems, and I don't know if the rapid development of science and technology will bring a devastating blow to mankind, I just know that we can do better!
Since I revealed the idea of donating the time company, there have been many difficulties in front of us, but fortunately, there is room for idealists in this world, and many people have helped me a lot when I am trying to achieve this goal......
However, even so, what I can do is still limited, only a few points have been determined, first of all, we have made the charitable trust fund I established through equity and asset swap to become the sole shareholder of Time, and then from now on, every penny of Time will not be distributed to shareholders, and finally the core value of Time is that everything is based on the common interests of human society, and will never pursue the maximization of commercial interests.
I don't know exactly how to do it, and I don't know how long it will take to achieve it, but the new Time Holdings will cooperate with 36 universities and non-governmental organizations around the world to jointly decide the direction and goals of Time......" Zhou Shi's voice shook everyone like a shock...... Take a hundred plating to read the latest chapter of "The Rebirth of the Post-80s Legend Claw Book House" for free for the first time.