Chapter 294: The richest man in the country

ARM is no stranger, with more than 95% of the world's smartphones and tablets using the ARM architecture in the future, and at the end of last year, ARM had a total of 1,728 employees, 700 patents (another 900 pending approvals), 31 branches and 200 partners worldwide, with annual revenues of £260 million. The current market capitalization does not exceed $2.5 billion.

Micron Technology is one of the world's largest manufacturers of semiconductor storage and imaging products, including DRAM, NAND flash memory and CMOS image sensors, with a market capitalization of less than $5.5 billion. And one of Micron's founders and major shareholders, 99-year-old John Richard Simplau, a famous potato king, died in May this year.

The two companies together do not exceed $8 billion, and in the financial crisis, it is possible that the stock price will continue to fall by 30 percent, and with the premium, about $10 billion can complete the acquisition. The combined investment of $5 billion from other companies is enough, and Galaxy Capital has enough money to support these acquisitions.

However, Zhou's main purpose was not to acquire these companies.

"Whether it is layoffs or consolidation, Tianhe Holdings will still be controlled by Lehman's descendants. It is better to clean up through large projects and targeted opportunities, these companies are very good companies and are very important to our development. Whether they succeed or fail, we have little to lose. Succeeding, they maintain and consolidate their current position, but we will be rewarded enough from the development of other industries. If it fails, you can just clean up Tianhe Holdings. Zhou Shi left Lu He and talked to him about his thoughts. Now, he found that there are many things that can be used to change the fate of others in order to realize his own will. Most of Lehman's Eurasia business has already been acquired, and if Zhou Shi completely lets go, under the influence of Gregory and others, it is almost certain that Zhou Shi will lose control of the new company. Promises are one thing, and he will certainly do his best to maintain his credibility, but if things are out of control, as an increasingly qualified capitalist, he will not be bound by these promises.

"But the expenditure of so much money is very stressful on us!" Lu He

"There are some companies that are not suitable for a full acquisition, such as ARM, where we just need to be the majority shareholder. In addition, we will have to absorb funds from the sovereign wealth funds of CIC and Abu Dhabi, and even other investors to fund our acquisition. "Zhou Shi

"So what is the purpose of buying NBA teams and Premier League football teams?"

"Why did Abu buy Chelsea?"

The domestic bigwigs, who are accustomed to the official position, don't know what they think of outliers like Zhou Shi. Most of the assets of other wealthy people in China are in China, and even the tech giants do not have the wealth of him. Zhou Shi is different, the domestic industry accounts for half of his total wealth, and there are no clear laws and regulations on various overseas income taxes and other things, but who knows if there will be all kinds of troubles in the future. Or directly make yourself a globally renowned figure with a strong voice, which is the most effective measure to protect yourself.

Next, the three giants of Tianhe Holdings (Zhou Shi, Lu He, and Gregory) first convened a meeting of Lehman's main leaders overseas, and then discussed the new brand, and finally selected Galaxy Securities, which means galaxy and galaxy. After that, Samsung can't use this as their phone brand, hehe!

After choosing a brand, it was time to familiarize themselves with the work, and together they started in Japan and traveled to all the branches in Europe and Asia, getting acquainted with the local leaders and getting familiar with them. Of course, it is also very important to arrange the work and assessment standards for the next stage, but fortunately, since Lehman himself presided over the acquisition, the negative impact of the acquisition such as cultural conflicts has been minimized.

After getting acquainted with the people in charge of various places, the first thing they did was to prepare for the dinner, which was organized by Galaxy Capital and Tianhe Group (MD, there is already Galaxy Securities in China, and this is the name in China. Co-sponsored, mainly for the Xuanwu Fund to raise funds, and at the same time to explain the development of the subprime mortgage crisis and express their own views. The dinner will be held in six locations: North America, Europe, Japan, China, Singapore, and Dubai.

For example, the initial investment of US$3 billion, this announcement was only US$1.5 billion, the second phase (mainly overseas banks with cooperation into UBS, etc.) was US$1 billion and later invested an additional US$500 million, and the third phase (mainly Zhou Shi personally, in fact, the investment time was earlier than the second phase, which was originally used at the same time as the first phase of funds, and later became independent. $1.5 billion. Then the first phase lasted for two years and made a total profit of $12 billion, the second phase made a profit of $1.6 billion in less than a year, and the third phase made a profit of $2 billion. Although it is not as impressive as Wall Street John Paulson's first fund in 2007, which made a profit of nearly 6 times, the second fund made a profit of 3.5 times, and a personal profit of 3.7 billion US dollars, it is also among the best among many fund companies.

At the same time, Zhou Shi's personal investment was announced, the first phase of the fund invested 300 million US dollars, the third phase of 1.5 billion US dollars, and the fund company divided according to 25% of the income, calculated that Zhou Shi's cash assets in Galaxy Capital totaled more than 5.1 billion US dollars. If you add his stake in Amazon, based on a market capitalization of $30 billion, there is another $3.6 billion. In addition, in the eyes of the public, he has other assets, including Baidu, Time, Alibaba's shares, and the previously mentioned bottom-buying investment, Zhou Shi's net worth of more than $10 billion is almost certain. According to the Forbes Global Rich Edition in March, his ranking has also reached within 100, probably ranking 75th in the world. As for the domestic ranking, due to the sharp drop in the stock market, he has locked in the position of the richest man in the country.

The youngest self-made billionaire, almost all newspapers around the world began to report this explosive news, and the domestic Internet was also flooded by this news. The popularity of Galaxy Capital also resounded throughout Wall Street with this news, coupled with the previous big move to acquire Lehman.

The discussion of Zhou Shi on Facebook, friends.com and Twitter skyrocketed instantly, with more than 100 million pieces of relevant information and discussion within a few days, and Google's Baidu search for Zhou Shi reached the scale of tens of millions of times a day.

As a result, the security force around Zhou Shi also began to grow exponentially, with more than a dozen bodyguards accompanying him 24 hours a day, and the same was true for Lu He.

As a result, on September 29, the U.S. House of Representatives rejected the $700 billion bailout plan, the U.S. stock market fell sharply, and the Dow Jones plummeted by 777 points.

(End of chapter)