To be precise, Huayin is a Chinese private consortium with the Xu family as the core, and in all the assets of the entire Huayin system, the Xu family accounts for nearly 3/5 of the total shares, which is mainly due to Xu Teng's super high shareholding ratio in Tencent. Pen & Fun & Pavilion www.biquge.info

If Tencent and Huateng Group are excluded, the Xu family's total shareholding in Huayin will be reduced to one-half, because the market value of Tencent alone is as high as $26 billion.

Xu family.

The-Shunfamliy has 219 family trusts overseas, spread across 17 tax havens, represented by four different accounting firms and O'Melveny & Myers, as well as seven private lawyers.

In the NASDAQ stock market alone, the securities of listed companies held by these trust funds are worth $50 billion, of which the most important asset is 37.59% of Google's shares, which have doubled in value in just half a year.

Apple's stock is not worth much for the time being, with nearly one-third of Amazon's stock worth $11 billion.

In short, the investment that really made the Xu family rich was Google.

In addition to these assets, the Xu family holds five major capital companies of Huaxia Finance, Boan Holdings, Galaxy Capital, Phoenix Capital and Fuxin Group through Huayin, although the Xujia's holding rate in Huayin has been slowly decreasing, the total scale is expanding day by day, and the scale of assets under control has already exceeded the trillion level.

The current overall strength of Huayin is roughly the level of PetroChina in the same period.

In other words, thanks to the large-scale capital operation in China and the rapid surge in Google's stock price after its listing in March 2004, the-shunfamliy's asset scale has approached that of the Walton family.

Xu Teng's superiority, nobility and elegance during his trip to the United States were all due to money.

The public wealth of 19 billion US dollars, and the the-shunfamliy deterrent behind the scenes, allow Xu Teng to enjoy the supreme glory of capitalism very freely.

After spending a few days dealing with Herbalife's mess, Xu Teng flew to the eastern part of the United States, where he visited leading companies in American innovation and technology, such as Boston Dynamics, Boston Scientific, and Segway, as well as the National Robotics Center at Lane Carnegie Mellon University and the Intelligent Machines Research Bureau at the Massachusetts Institute of Technology.

Basically, there is no scope for Xu Teng to merge and acquire, he went to the United States to visit all the companies he was interested in, only to realize that these companies have sponsorship contracts from the US Department of Defense, especially Boston Dynamics, which basically lives on the sponsorship of the US Department of Defense.

After consulting with O'Melveny & Myers, Xu Teng was convinced that legally he could only buy Boston Scientific, a medical machinery company that is also doing artificial intelligence and robotics research, and has so far not had a sponsorship contract from the Department of Defense.

This is actually good business, because in the United States, venture capital in robotics and artificial intelligence is still a relatively taboo range, after all, it is a religious country, which is why Google was able to buy more than a dozen intelligent robot companies in a big way.

The efficiency of Chinese businessmen is fast, the time is tight, and the tasks are heavy.

It took Xu Teng only two days to reach a preliminary merger and acquisition agreement with Boston Scientific, in which Huateng Group invested $240 million to acquire Boston Scientific, and promised to provide a long-term scientific research fund totaling about $500 million to the scientific research field of artificial intelligence and robotics.

Boston Scientific is a NASDAQ-listed company, mainly engaged in medical equipment in the field of high technology, just after the listing, after the merger and acquisition of Xu Teng, will spin off the research department of artificial intelligence and intelligent robots, and establish Boston Intelligent Science Company, with special support.

Trench.

However, it is not a new realm, and the total investment is not as much as the ligo project of the Chinese Academy of Sciences.

It is difficult to say whether this kind of overseas acquisition will succeed, and it will have to be approved, and Xu Teng can only wait, pinning his hopes on his reputation and positive image in the United States.

Regardless of whether it succeeds or not, these news will be transmitted back to China, and it will be another wave of intensive bombardment, which will blow up Jiaolinen at home and abroad, and it will be the first trench in China, and it is really Teng Gongzi.

Xu Teng's trench is professionally aimed at science fiction technology, from gravitational waves to quantum communication, from artificial intelligence to robots, and the god investment of various scientific and technological trenches is not scientific or reasonable at all.

On the final stop, Xu Teng returned to Silicon Valley, this time, he was going to meet with another tech moat, Elon Musk, to reach an agreement on Tesla's investment.

The two major transpacific tech trenches have finally met, and emotional sparks have quickly rubbed together.

It's like a friend at first sight!

In February 2004, Elon Musk invested $6.7 million in Tesla Inc., on the condition that he become chairman of the company and have the final say on all matters.

It's trenchy.

But when encountering Xu Teng's god-level technology trench, Elon Musk also has to kneel, in fact, there is a very special relationship between them, Elon Musk is the CEO of PayPal, of course, the number of shares is far less than the-shunfamliy.

The two founders of PayPal and the Xu family are acting in concert at PayPal, and the equity vote is uniformly entrusted to Elon Musk.

Therefore, Xu Teng is a god trench.

Xu Teng took a flight back from Boston in the morning and arrived in Fremont, Silicon Valley, to visit Tesla's factory and scientific research center in Silicon Valley, which is a few large abandoned warehouses with no money.

Elon Musk is not the key person, this is the one who is responsible for pretending to be handsome, and the real key person is the company's two founders, Martin Eberhard and Straubel.

Xu Teng shook hands with several of them, holding his hands in his arms, and listened to Tesla CEO Martin Eberhard explain the latest design framework in the warehouse, the new concept car has been built, and it is still very beautiful, but it cannot be driven.

"I can invest, are you welcome?" Xu Teng listened patiently to Eberhard's speech, and finally gave an answer that made them happy, "I have a similar investment in China, but not as cool as you, we emphasize family and practicality." From our point of view, family and car are eternal parallel themes, family means responsibility, love, but also means trivial expenses of life. Of course, I can also accept your point of view, which is not in conflict. We need responsibility, but we also need individuality, and many times, we have to admit that individuality is even more important than everything. ”

Xu Teng has been running in the United States for half a month, and he has become more and more aware of the rhythm of pretending in the American technology and business circles.

"Of course, investment is welcome, and our hope now is to continue to get about 20 million venture capital." Elon Musk is in charge of this matter, and he is more worried about Xu Teng, a god-level technology trench, who kicked him back to Canada.

Since yesterday he got the news that Xu Teng was going to come over for a visit, Elon Musk felt that Eberhard's group of researchers was a little overexcited, as if he had seen hundreds of millions of dollars in research funds smashed over.

From gravitational waves to quantum communication, from artificial intelligence to robots, all kinds of gods are unreasonable, this is a god-level technology trench.

"No problem, I'm going to take 1/3 of the shares. I believe in you, therefore, I will not intervene in the management of the company, there is only one condition, major decisions, you need to consult my opinion. Xu Teng agreed to the purchase price of 20 million yuan and put forward his own conditions, "At the same time, within five years, I will hold the right of first refusal." ”

Xu Teng wants a right of first refusal, which means that no matter which venture capital is ready to step in, even if the price is negotiated, he can use the same price to knock out the opponent.

"We'll need some time to discuss this big decision, but I'm sure it's a fantastic collaboration." Elon Musk would never veto Xu Teng's proposal because the-shunfamliy could kick him out of PayPal.

Elon Musk is a very adventurous entrepreneur, a madman, and the result is that he doesn't have that much money, and he has almost failed, and is currently worth about three or four billion dollars, and the debt ratio is very high.

He now needs Xu Teng's support more than anyone else, he won't say this, of course Xu Teng also knows that when he called him to confirm the trip before coming here, he had already expressed his support for this Tesla project.

Xu Teng did not tell them for the time being that he would eventually use Huateng Automobile Company to hold Tesla's shares, provided that Tesla made a profit, at least not a loss.

Xu Teng is now such an operation model, he can't make money investment, donations, he openly uses his own name to contribute, and all the projects that can make money are secretly held by all family trust funds.

One of the main reasons for this is to avoid the Pentagon scrutinizing the actual source of the shareholders' funds, in case it involves defense spending, and the hundreds of family funds that The-Shunfamliy has found are still embarrassing.

It's not that the Pentagon and the CIA can't find out a lot of things, but they don't necessarily check it, and if they don't hit the muzzle of the gun, they are looking for their own death.

Very good.

Finalize this matter, Xu Teng doesn't have to be busy for the time being, there is only one thing left behind Facebook, there is no need to rush at the moment, he happened to go around in Fremont, and asked Elon Musk to take him around, find a suitable new base for Herbalife, buy a large piece of land, and invest in the construction of a new Herbalife building.

Herbalife's best way to transform into the biotech industry is to move to Silicon Valley.

Land in Silicon Valley is quite expensive, Fremont belongs to the northeastern edge of Silicon Valley, and the land price is much cheaper, if it weren't for this, Tesla would not have built a factory here.

Xu Teng took a turn, and finally decided to buy land in the area of Springs near San Francisco's Bay Boulevard, which is convenient and slightly more expensive, and is only one step away from the indicated Pheasant University Northwestern Technological University in the United States.

Strictly speaking, the Northwestern University of Technology is not as good in the United States as Yangtze University in China.

It's also a university, and there are a lot of Chinese students.

Xu Teng chose to buy land and build a building here as the new headquarters of Herbalife, and the approval is said to be relatively easy, much easier than other places, and this matter is approached by Governor Schwarzenegger.

Although the national conditions of the United States are different, the governors are still relatively solid, and the officials who come to power by ballot have a lot of real power, and they do not need political contributions to solve such small problems.

The only problem is that Schwarzenegger is raising taxes, and it's a business tax, which is a fatal thing.

Xu Teng and Elon Musk were chatting about this in the car, and they found that they couldn't avoid tax issues all the way from China to the United States, and he estimated that he had to find a way to persuade Governor Schwarzenegger to add Mao's business taxes

As a result, there really is no way to do it.

In California, the vast majority of big corporations are die-hard Democrat fans, from Hollywood to Silicon Valley, and Republican supporters are middle-aged white people from the traditional middle class.

George W. Bush is going to be re-elected, and now he's busy cutting taxes across the country, he's cutting taxes, and Schwarzenegger is raising taxes on corporations in California.

Therefore, federal taxes have been reduced a lot, and state taxes have been increased again, which means that there has been no movement, but all states controlled by the Republican Party will basically not engage in the issue of tax increases now, and they are eager to collectively reduce taxes to support Bush Jr.'s re-election.

Schwarzenegger's side is a special case, and California has always been the Democratic Party's vote base, because the US election has always been a winner-take-all for all states, and Bush Jr. and the Republican Party are estimated to have directly abandoned California.

In short, tax cuts and tax increases are a university in the United States, and no one can cheapen their opponents' ticket warehouses.

The Republican Party's vote base is the military industry, petrochemical industry, and white middle class, and the Democratic Party is high-tech, small business, and both sides do their own thing.

Round after round, fuck each other.

Elon Musk is very accustomed to all this, and he is happy, anyway, they have a way to avoid taxes, especially high-tech companies, tax avoidance methods should not be too superb, and it is always the Republican Party that suffers.

Xu Teng smiled bitterly, thinking, what's so happy about this, if China wants this, he might as well hang himself, just like Wanwan, it's simply loveless.

In short, investing in the United States is much more complicated than in China, and the petrochemical industry must run to the Republican vote, and high-tech companies must run to the Democratic Party's vote, and California and the Northeast are the Democratic Party's votes, that is, the gathering place of high-tech enterprises.

California is a bit of a game crash this time, and it actually elected Schwarzenegger to power, and the state legislature is under the control of the Democratic Party, which is destined to be a miserable game, and nothing can be done.

Elon Musk drove just a black Lexus GS400 hybrid sports sedan, Xu Teng has always heard that California is the home base of Toyota cars in the United States, this time he came over, played around Silicon Valley for a few days, and found that many small trenches in the tech world are also loyal users of Lexus hybrid luxury cars.

This discovery still surprised Xu Teng.

He thought about it for a while, and still asked Elon Musk a few words very seriously.

"One thing you need to know is that it's not a lot of options, in our generation, Toyota is a symbol of energy efficiency and proximity, when we were young, when we were poor, our first car was almost always Toyota. Of course, Toyota has a good retention rate. If you drive a Chevrolet, believe me, even if you only use it for a year, or tens of thousands of kilometers of travel, you have to deal with it at a low price. If you're looking to spend a few thousand dollars on a used car, Toyota is certainly one of the best options, unless you're a Republican...... You know what I mean. ”

Elon Musk roughly understood what Xu Teng meant, and told Xu Teng that Americans usually do not have the concept of domestic brands when buying cars, unless they are right-wing voters of the Republican Party, "In Silicon Valley, if you drive a Lexus, people will subconsciously think that you are very nice, very friendly, very sensible, this is not necessarily the best brand, but it really has a high cost performance and is very popular." ”

"Wow, I don't like it, you need to know that in our country, the views of ordinary people about Japan are usually polarized, one is very fond of it, and the other is very annoying, I belong to the middle category, but still don't like it very much, you know, during World War II, ......!" Xu Teng still likes Elon Musk a lot, he used to think that this person was a bit neurotic and too pretending, but now after real contact, he found out that they are all business needs, and in real life outside the flash, this person is still very rational and shrewd.

Xu Teng is chatting with Elon Musk about these things, from China-Japan issues to Chinese cars, Japanese cars, and American cars.

The United States is actually a very closed country, most people don't know what China is like at all, and the cognition is still stuck in the late 80s, Elon Musk has visited China, in order to promote PayPal, and has also visited Shanghai, Beijing and the headquarters of Excellence.com.

Even so, he did not know that China would now be able to produce BMW in a joint venture, and that Xu Teng was in the process of localizing the BMW 1, BMW X1, and BMW 5, starting with the BMW 5, and later producing the hatchback models of the BMW 1 Series.

"Oh, that's very good business." Elon Musk looked very happy, stretched out his hand and high-fived Xu Teng to celebrate, although he is a well-known technology trench, but in the face of Xu Teng's god-level technology trench, it is still necessary to maintain friendship.

"It's just a family business, we invested in BMW and asked BMW to expand its production capacity and product line in China, and I ran it, and my parents didn't have the time. At the moment, in China, it is more profitable to do real estate and financial business, which is what my family is best at, and I am responsible for dealing with the high-tech industry. Xu Teng also thinks this person is good, although he has a dismal record of being kicked out of the door by his own company several times, and is regarded as a madman in the technology industry, but he is still easy to communicate.

The two of them get along well, almost at first sight, after all, they are both science and technology trenches.

On the one hand, Xu Teng is better at communication, and even if Elon Musk occasionally seems a little highly confident, he doesn't mind very much; On the other hand, Xu Teng is a more powerful technology trench, and Elon Musk subconsciously has to restrain himself in front of him and not provoke Xu Teng.

Xu Teng is richer, super richer, has the same technology trench attributes, and also shows a style that does not like to control each other in the investment field, which is simply Elon Musk's dream partner.

Xu Teng now has a basic understanding of the characteristics of American capitalists, or rather, all Americans have this characteristic, and have a natural enthusiasm and trust for the family business.

Family businesses are clearly a positive image in the business environment in Europe and the United States, but the opposite is true in China.

Therefore, Xu Teng often says the word "family" in the United States, generally speaking, in the United States, self-made is very respectable, but if it is the inheritance of a family business, it is more worthy of envy, and he likes the family system very positively.

In Europe, that's even more exaggerated.

"I like your family very much, I have had several contacts with your father, friendly and wise, and you are more liberal and open. I know that The-Shunfamliy values privacy and respects your strengths and traditions, and I sincerely hope to maintain a long-term cooperation with Shunfamliy! Elon Musk seemed to smell the Xu family's need for him in a certain field, turned the steering wheel, and sent Xu Teng to Palo Alto, he knew that Xu Teng was going to meet a new friend, which was said to be an investment project.

Elon Musk doesn't know the Xu family's investment in Apple, but he knows that the Xu family is the main shareholder of Amazon, and it is estimated that the Xu family is also the earliest angel investment and the main investor of Google, because the five founders of Google are said to have a close relationship with the Xu family.

These two companies alone, as well as Tencent, which Xu Teng personally holds, have more total assets than Bill Gates.

People are very realistic, and when your assets are only a few tenths of someone else's family, it is always beneficial to be friendly, courteous and humble.

"Elon, we are friends and very close because we have a lot of common interests and also because we share common interests and hobbies. We are very ordinary human beings, but we have wisdom and strength, we can promote the progress of human society, believe me, this is our mission. Xu Teng's adaptability is definitely five-star, and he quickly integrated into this set of logic in Silicon Valley, and this set of forced style.

Mr. Xu couldn't melt into it for a long time, invested a lot of money, and only had capital growth, but no sense of respect and achievement, which made Mr. Xu a little helpless.

Xu Teng is different, his pretending realm has long been blue and better than blue, the Chinese pretending to force the little prince is by no means vain, he continues to fool Elon Musk, "In the two businesses of PayPal and Tesla, we have a very happy cooperation, of course, my family has other investments in the United States, and I am willing to continue to invest to promote social and technological progress." We can collaborate more, maybe we will achieve nothing, maybe we will change humanity, we don't know the outcome, but if we don't try, we can't know the outcome. ”

"God, you should help me drive, because at this moment, I really have to free my hands to applaud your words, because you really hit my heart, every word you say, is my heart, I can't agree with you more, 300% agree with all your ideas, maybe we are crazy in the eyes of others, but we are giving up everything to advance the progress of mankind, that is really our mission." Elon Musk was fooled miserably, excited as if he was roaring, venting his inner pressure.

"Oh, MyGod!" Elon Musk, a madman-level technology trench, simply wants to hug Xu Teng, a god-level technology trench, these are two difficult brothers who grow up at both ends of the earth.

He didn't know that Xu Teng had almost decided that he was the real madman.

It's just pretending to be forced, you don't have to pretend to be so crazy, so dedicated, right?

Xu Teng smiled very empathetic and compassionate, quietly watching Elon Musk go crazy, grabbing his seat belt by the way, and was very worried that the other party would step on the gas pedal crazily.

Fortunately.

It was a thrilling journey to Palo Alto, home to Stanford University and sort of the traditional center and origin of Silicon Valley, where the tiny company Facebook of Zha, Chris Hughes, and Dustin Corwitz is located in an old warehouse on University Street.

Many small companies in Silicon Valley like to pick a kind of old warehouse and transform it into a new office location with a large space, unique style and freedom, and of course, when the financing is successful, they will move out and choose a new headquarters.

In fact, a large part of these warehouses are traces of Stanford University's early successful traditional technology companies, such as Hewlett-Packard, which were left in Silicon Valley.

Xu Teng flipped through his mobile phone, told Elon Musk the location of Xiaozha's message to him, and looked at the time, "We're early, and there are still two hours before the agreed time to meet." ”

"That's good, since we're coming, I'm going to take you to meet a very beautiful girl, she just dropped out of Stanford University and started a very interesting little company, many people doubt that her idea can be realized, I don't know the answer, but it is a very interesting idea." Elon Musk probably thought about it and pointed to the street opposite, "I remember it was in that neighborhood...... Trust me, you will fall in love with her, beautiful girl, very nice blonde. ”

Elon Musk said a bit exaggerated, like the feeling of being drunk, and he must go to see each other.

This scene, this line, looks like a pimp, or a business scam.

"Tell me, have you invested?" Xu Teng was not in a hurry to get out of the car, and looked at each other very calmly.

"Nope."

"Why?"

"That's not what I'm good at, but I really think it's a good idea, but it requires a lot of money and technical support." Elon Musk became very serious and helped Xu Teng analyze very seriously, "Believe me, brother, this is your business, your beautiful girl." (To be continued.) )