Chapter 1378 SOS Supermarket Listing
At the beginning of 1998, the much-anticipated Forbes 500 list was re-ranked.
Even if he donated many shares, Han Xuan still ranked first, the content of the pre-IPO review of SOS Group was leaked, and after the announcement of grandma's shareholding, coupled with her personal shares of Hoops Group, her value quickly rose to second place, and the old man tragically ranked third, followed by Gates.
Dad and Mom are all in the top 30 of the rich list, thanks to the increase in the estimated market value of Pixar and Marvel Comics, and Grandpa's ranking has also risen to 58th.
Except for his grandmother, nothing else was unexpected......
Something has happened in recent times.
Pebble Beach and Seventeen Mile Bay properties have all been sold, almost at a price per week, and have been speculated.
The high price of 40,000 to 60,000 US dollars per square meter made it unattainable for the middle class, making Seventeen Mile Bay a veritable super-rich area, and at the same time recovering a lot of money for Han Xuan, calculating the cost of buying that piece of land at the beginning, it was almost not much money.
Countless people wondered about this, and couldn't figure out why there was such a big difference between the Japanese and Han Xuan.
After the New York property speculation incident a few years ago, people still do not understand the secret of "buying up and not buying down, limited supply", seeing that housing prices are rising so fast, it seems to be profitable, and those rich people who have money in their hands have taken action.
The property speculation experts of the Tump company also helped a lot, and they spread the word that the price of the houses here would rise in the future, and the news entered the ears of many rich people.
Unlike the housing prices in other places, as long as various supporting facilities are built, under the condition of not developing randomly, Han Xuan is not worried that the price will be squeezed out, but can gradually rise, it is indeed high-end.
At the beginning, the Japanese arrogantly bought Pebble Beach and Seventeen Mile Bay, which caused public anger, so the rich Americans did not buy their accounts, and felt embarrassed to live on Japanese land.
Han Xuan also has a yellow appearance, but he is a well-known American citizen, and people have grown up watching him, and he has a natural sense of closeness and pride in him.
It was precisely because of this that Han Xuan dared to spend a huge amount of money to buy those two pieces of land, but he did not expect the land price to rise faster than he imagined......
Coney Island Dream City, during the year-end and New Year holidays, welcomed a total of more than 900,000 visitors, and the number of visitors exceeded 1.76 million in the first month of opening, and this number began to decline in the second month.
According to the estimate, the number of tourists received annually will be stable at about 7 million, plus the development of real estate and shopping malls in the surrounding area, it is expected that the funds invested in the construction in advance can be recovered within three years, and then it will be pure profits.
The only regret is that it didn't create a theme like Disney did, which made it less attractive, and I once considered using Harry Potter or Pirate Legends or Toy Story content as a gimmick, but those themes were not for everyone's liking.
It's hard to pinpoint, if you're just visiting a book or a cartoon and you're going to lose interest after one or two visits, it's better to build it as a simple playground, a playground for New Yorkers, just like the old Coney Island paradise they remember.
Han Xuan only owned half of the property rights of Coney Island, and by the time he wanted to buy the other half back, it was too late.
After the appreciation of the land, it attracted countless businessmen to come in search of business opportunities, ready to develop Coney Island into a dream island for simple pleasure.
It's better than being close to the slums, and as long as there is crime, people won't have a good impression of Coney Island, which will affect the surrounding properties for sale.
In order to develop the neighborhood, Han Xuan donated the hospital and chose the location of the Snow Mountain Middle School branch here, and a branch campus of New York University will also be located on land not far from the playground.
He tried to build this seaside area near the Atlantic Ocean into a second downtown in Brooklyn, and once the facilities were completed, merchants would smell the money and come to help with the development.
Just for the amusement park, of course Han Xuan will not spend so much effort, what really matters is the land, his Snow Mountain Real Estate Company bought all the land that can be bought on the land north of Coney Island, hoarded it and waited for appreciation, and can develop it himself or resell it at a high price.
At the end of the twentieth century, the construction of old towns and slums in various cities in the United States coincided with a major construction project, which would continue into the first decade of the new century, and was an opportunity for the development of Snow Mountain Real Estate and the Rump Company.
Before, Han Xuan paid little attention to this real estate company, but now he has begun to focus on Huaxia, and he has also become aware of the prospects of the real estate industry.
High-tech industries such as the Internet can make quick money, sometimes an idea is worth hundreds of millions of dollars, and Han Xuan paid more attention to that in the past, which led to the unbalanced development of the traditional departments and new industrial sectors of the Snow Mountain Group, and the tertiary industry, including the Internet industry, dominated the world, and the only one that could get hold of the secondary industry was the automobile company.
Walking on two legs, he has the energy to start getting involved in the traditional real estate industry as he continues to reduce his stake in Internet companies.
The growth of Snow Mountain Group is the result of the joint efforts of thousands of management and tens of thousands of employees.
For the boss to make movies leisurely and leave himself tired, these employees are helpless in their hearts, but the little boss is just a fourteen-year-old child, who can blame him......
It's already March in the blink of an eye, the temperature in Los Angeles is rising, the dead trees are starting to bud, and you can go out wearing only a long sleeve.
During the period when he came to California from the Snow Mountain Ranch, Han Xuan did not only stay in the crew, but also took time to go to New York during the period.
In mid-January, when the SOS supermarket division went public as a whole, the old man and his grandmother sold off 40% of the company's shares, and they are still reducing their holdings.
The IPO is expected to have a market value of 29 billion, about 12 times last year's profits, and the stock price rushed to $3.58 on the day of listing, bringing more than $10 billion to the old man and grandmother.
If it weren't for the divestment of the transportation company and the SOS 24-hour convenience store, the market value would definitely not be just more than 30 billion US dollars, which was enough to satisfy Han Xuan and the old man.
Four percent of the company's shares were bought by internal employees at the issue price, and with the listing, a group of millionaires, more than a dozen multimillionaires, and one billionaire were created.
On the first day of trading, their holdings were not allowed to be traded, and when some of them sold in early February, a single share, worth $2.9 half a month ago, had risen to $4.03.
At present, the market value of SOS supermarket is stable at about $41 billion, with small fluctuations up and down, which is not enough to satisfy black-hearted businessmen, and there has been a recent call for SOS Transportation and SOS convenience stores to be listed.
The old man replied with the help of the media that when the new millennium comes, the listing plan will be put on the agenda.
"Initial public offering" and "listing" are two different concepts, and it is not necessary to be listed after the initial public offering, which is very common in the West, and listed companies do not have to be publicly listed.
The initial public offering refers to the issuance of additional shares to the public, and the process of capital increase is the process of capital inflow into the company, and "listing" is the process of public trading of the company's shares on the exchange, which is basically not directly related to the inflow of funds into the company.
After the old man raised funds publicly, the income obtained from the sale of shares in the listing needs to pay high personal income tax.
So on the day of the listing, the old man announced that he and his wife would jointly donate a full $12 billion to the Han Family Charitable Trust, promising to use 5% of the funds for various charitable causes every year.
His "selfless" approach caused an uproar around the world, and he was surprised when he learned that he had not consulted Han Xuan before issuing the decision.
Then I thought excitedly, it looked like the money for the acquisition of Bombardier had been settled......