Chapter 158 [Market Value of Bluestar Technology Group]

At 10 o'clock on March 10, 2006, Bluestar Technology Group officially went public in the United States, completed the bell opening ceremony on NASDAQ, the trading code was "BTC", the issue price per share was 47 US dollars, the opening price was 54.02 US dollars, 120 million shares were sold, the financing amount was as high as 5.6 billion US dollars, and the IPO valuation was 51.7 billion US dollars, which was twice that of Google, creating the largest IPO in history.

After the opening of trading, the numbers climbed wildly.

US$54.56......

US$54.81......

US$55.27......

As soon as the opening trading started, countless eyes were staring at the stock price movement of "BTC", and the strong curve made every investor's heart beat faster.

That's right, it's time for the feast.

At this moment, the "BTC" trading symbol is definitely a symbol that has made countless large, medium and small investors and shareholders crazy.

In 2003, the U.S. stock market was undervalued, and that year coincided with the establishment of Bluestar Technology.

Three years later, on March 10, 2006, Bluestar Technology was listed on NASDAQ.

If Google's IPO at that time stimulated the stock market, which had been in the doldrums for two years, then today, as a superstar company in the Internet technology industry, the listing of Bluestar Technology Group is for the entire stock market.

Completely insane!

Hundreds of millions of funds are frantically flowing into the stock market, and these funds have only one purpose, to trade "BTC" stocks like crazy.

1 hour after listing.

Bluestar Technology Inc. rose to $56.92 per share and did not see any slowing down, which means that the total market capitalization of Bluestar Technology Group has reached $62.612 billion.

The stock traded 283 million shares on the first day, closing at $62.53 per share, up more than 32% on the first day of listing, and the total market capitalization of the group reached $68.783 billion.

This also made Bluestar Technology Group enter the ranks of the top ten listed companies of IT Internet technology companies on the first day of listing.

At present, Microsoft Corporation is the world's largest listed technology company, with a total market capitalization of $279 billion, and ranks third in the world's market capitalization, while the world's largest listed company in 2006 is ExxonMobil Corporation, with a current market capitalization of $372.6 billion.

Bluestar Technology Group is currently in the top 10 of all listed companies in the world, and Toyota, which is currently ranked 10th, has a market value of $118 billion.

But then again, those listed companies that are far ahead of Bluestar Technology are giants with decades or even hundreds of years of history, and Bluestar Technology has only been established for three years, and it has exceeded $50 billion in market value, which is already an incredible legend.

Today, the company's team members are excited.

Basically every executive who received the allotment sold a small portion of the shares on the day of the listing and cashed out, about ¥10 million or so.

The initial team members of Bluestar Technology are all worth more than 100 million yuan, and the currency unit is the US dollar.

Erin currently holds 0.33% of BTC shares in her name and has a net worth of about $270 million, which is ¥2.168 billion at the current exchange rate.

Feng Yi, Bai Lang, Su Yali and Lu Siming all hold 0.31% of the shares, and their personal net worth now reaches $213 million, equivalent to ¥1.7 billion.

It is worth mentioning that Bai Lang and Lu Siming are now regular employees of the Cote d'Azur company, but they were also allocated options shares of Bluestar Technology early and belonged to the initial team members, so this time they not only came, but also participated in the bell ringing ceremony.

Eleven Bluestar Technology Group executives, including Yu Jun, Li Mingyuan, Zhang Bowen, Chad Hurley, Chen Shijun and George Charles, are worth more than $100 million.

The highest is Erin at $270 million, and the lowest is Chad Hurley, whose shares in Bluestar Technology are currently worth $105 million.

Except for Erin, who did not sell his shares to cash out, the other ten people all sold their shares to cash out a part, and the most cashed out was George Charles, reaching $12 million.

However, everyone knows that the shares in their hands cannot be thrown too much, and it is not worth it, because everyone firmly believes that the future will rise sharply.

Qin Weimu, who now holds 1.3% of BTC shares, has left her job but has been allocated a percentage of the shares from the option pool reservation based on her contribution during her tenure, and currently holds shares worth about $894 million, equivalent to ¥7.178 billion.

But before joining Bluestar Technology, her worth had accumulated more than 40 million yuan, so her current personal net worth is ¥7.218 billion, and Qin Weimu also did not sell 1 share in this IPO.

She has already achieved financial freedom, and there is no place to continue to use money, there is no reason to sell the shares of Bluestar Technology to cash out, as a lawyer and a person with high attainments in finance, Qin Weimu is also extremely optimistic about the stock price of Bluestar Technology from the perspective of personal investment, and she will naturally not sell and cash out.

As one of the two co-founders of Bluestar Technology Group, Xu Yong owned 3% of the company's option pool after the IPO according to Luo Sheng's previous promise to him.

The shares of Bluestar Technology are Xu Yong's largest asset allocation, which made his personal net worth skyrocket to ¥2.063 billion, equivalent to ¥16.5 billion.

Bluestar Technology Group successfully went public, creating 15 billionaires, 42 multimillionaires, and more than 377 millionaires on the same day.

Among the 15 billionaire club members, Xu Yongyi entered the billionaire club with $2.063 billion, while Luo Sheng was in the billionaire club.

As the core founder and absolute soul of Bluestar Technology Group, Luo Sheng's equity was diluted from the beginning of the company's financing, and he also transferred an equity to cash out to establish the Cote d'Azur company, and after today's IPO, his personal equity in Bluestar Technology Group still reached an astonishing 33.15%, and such a high proportion is due to his prudent financing.

Normally, after the IPO of a listed company, it is very good for the founder to hold about 15% of the crazy financing scale like Luo Sheng, and the vast majority of them are around 10%.

But Luo Sheng alone holds more than one-third of the shares, holding 33.15% of the BTC shares, which is worth ¥22.8 billion, equivalent to ¥183.1 billion based on today's closing price.

However, his net worth has been "dragged down" by the Cote d'Azur company, which is currently not profitable, not only is it in a state of continuous huge losses, but also has borrowed large loans from banks, which has left Luo Sheng in debt of more than ¥1.2 billion, so his personal net worth is now 21.6 billion US dollars (173.4 billion yuan).

In 2006, with a terrifying worth of more than $20 billion, Luo Sheng easily became one of the top ten richest individuals in the world.

On the list of the world's richest people, the first place is still Bill Gates, with a net worth of $50 billion;

the second is the stock god Buffett, with a net worth of $42 billion;

Carlos Slim Elu, the third Mexican telecommunications giant, with a net worth of $30 billion;

the fourth is Ingvar Kamprad from Sweden, with a net worth of $28 billion;

the fifth is Lakshi Mimittal from India, with a net worth of $23.5 billion;

The sixth is Paul Allen, another co-founder of Microsoft, with a net worth of $22 billion;

The seventh is Luo Sheng, the IPO of Bluestar Technology Group was successful, and his personal net worth of 21.6 billion US dollars dropped directly from the 500th place last year to the 7th place.

The eighth is Bernard Arnault, the richest man in France, with a net worth of $21.5 billion;

The ninth is the prince of the dog from Sate, with a net worth of $20 billion;

The tenth is Kenneth Toms from Canada, with a net worth of $19.6 billion.

Luo Sheng has created too many or broken a series of wealth myth records, he is the first Chinese to enter the world's top 100 rich list, and the first Chinese to enter the top 10 of the world's richest list.

He is also the world's fastest and youngest individual to accumulate $300 million, $1 billion, $5 billion, $10 billion, $20 billion.

The richest man in China and the richest man in Asia officially changed hands today.

……

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Sogou