Chapter 686 [Who Will Defeat That Rich Man]
Sunday, November 1.
With no time to spend the weekend with his family, Lin Zuhui took his own private jet to the United States. His eldest son, Lin Wenjie, is already in middle school in the United States this year, and if Lin Zuhui flies to the United States, he will try to arrange time to visit him.
In fact, for this son, he looks at it more seriously than a woman.
After all, he has already seen the hope of 'becoming a talent', and naturally hopes that he can really take over his class.
Of course, power is a symbol of a man, and he can share the responsibilities of his vast business empire with his sons;
But he still has to firmly grasp the 'last right', that is, the chairman's position.
Assuming that Lin Wenjie grows up (around 2018, that is, at the age of 30), he will definitely take over the position of vice chairman and president, and Lin Zuhui will retire into the background, but retain the position of chairman.
It's not that Lin Zuhui doesn't have a few companies, he doesn't have strength, which is obviously not; After all, his family office, Hengjin Investment, and Jingwei Capital have always been in his hands, and they will not be handed over until he dies.
γ
The wealth on the surface can allow his sons to share, and the hidden wealth is Lin Zuhui's means to die.
In the master cabin of the Boeing 747.
Lin Zuhui lay on the bed, enjoying Lin Chilin's intimate service - massage, this massage is regular; After all, Lin Zuhui would not focus on a woman, it would be an insult to his strength, except in rare cases.
I saw that Lin Zuhui was lying on the bed with only shorts, while Lin Zhilin took off his high heels, wore an assistant uniform, and knelt to serve him.
Hi Si's long legs look very special, the curved posture is so enchanting, the hip skirt outlines infinite imagination, and the upper body lying on her stomach is so high.
A few strands of green silk set off an elegant and charming face, and it is a demon queen in the world!
"It's powerless!" It's a pity that Lin Zuhui didn't see it, but protested.
"Ah, I'm sorry!" Lin Chilin's gentle voice came immediately.
Now it's okay, Lin Zuhui is reluctant to put forward 'strict' requirements, it seems that the massage has to find a professional.
He misses the spa at The Ritz-Carlton!
.......
At the Four Seasons Hotel in New York, Lin Zuhui and Sharp, Bill Gates, and Waleed were having dinner.
The privatization of the Four Seasons Hotel naturally has professionals to do, and Lin Zuhui does not need to worry about it at all; Business to his level, a lot of things are handed over to his subordinates, he just needs to make connections and issue orders.
During the dinner, Sharp Sharp, the founder of Four Seasons Hotel, said happily: "Thank you very much for your recognition of Four Seasons and toast to our cooperation!" β
Born in 1931, Sharp is a well-deserved predecessor, and Lin Zuhui and others also appreciate his hotel management philosophy very much, and because of this, the Four Seasons Hotel has attracted the competition between the two richest people in the world.
After everyone took a sip of wine, Sharp said, "I have a question for Gates and Lin, why do you have a soft spot for the Four Seasons?" β
Isn't it, the premium is more than 40%, this price is indeed very high, and the shareholders are also very satisfied with this price.
Bill Gates laughs, "You know, Melinda and I got married at the Four Seasons Hotel in Hawaii, and it was a memorable memory, and I've been a Four Seasons fan ever since. β
Show what kind of affection, it's not like you can play the office plot, and finally the divorce will end, Lin Zuhui thought so.
Sharp nodded without surprise and turned to look at Lin Zuhui.
"No bargaining, no price reduction, that's what I like about Four Seasons!"
The three of them were stunned for a moment, and then laughed one after another.
Sharp said with a smile: "This is the positioning of the Four Seasons Hotel, if the good environment and service still need to reduce the price, then this is a kind of depreciation of the Four Seasons Hotel." β
But isn't it, after the 911 incident in the previous life, the global tourism industry declined, and the Four Seasons Hotel was also affected; However, Sharp just didn't agree to reduce the price, which attracted criticism from owners and investors for a while.
So, later Bill Gates and Waleed simply privatized the Four Seasons Hotel, costing as much as $3.4 billion and 400 million in debt.
Then, Sharp said modestly: "Lin, you are also an operator in the hotel field, and the Langham Hotel and The Ritz-Carlton Hotel are developing very well in the world, what kind of advice do you have for Four Seasons Hotel?" β
Lin Zuhui said: "There is no suggestion, I believe that the Four Seasons Hotel will get better and better. If I have any advice, I would suggest that Four Seasons should think more about investing in Asia, such as Hong Kong, Macau, South Korea, Japan, and the Magic City. β
Sharp nodded and asked, "But Asia has just experienced a very serious financial crisis!" β
"It's gone! In reality, South Korea, Japan, and China can all recover their economies very quickly, and Asia in the 21st century will not lose to the economies of Europe and the United States. β
"You have a point, I'll think about it as soon as possible! By the way, how about the Four Seasons Hotel in Xiangjiang to choose a location for you? β
Lin Zuhui nodded and said: "There is already a location, in the best commercial center of Xiangjiang, my company is investing in a $6 billion commercial project, and there happens to be a hotel building. Sharp said happily: "Great, thank you very much for your generosity!" Actually, I noticed it, but I thought you'd let the Ritz-Carlton or The Langham run it! β
Lin Zuhui also thought about this problem, but he felt that it was more suitable for the Ritz-Carlton to use the high-rise building of the second phase of the IFC.
IFC Tower II is the tallest building in the world, with 88 floors, and naturally has the layout of a hotel or restaurant, while the Ritz-Carlton Hotel is suitable for high-rise buildings.
The luxury and grade of the Four Seasons Hotel brand are half a grade higher than that of The Ritz-Carlton and Langham, so it is indeed suitable for the hotel building of the IFC.
Several people were eating happily and chatting, especially Lin Zuhui and Bill Gates, the two richest men in the world before and after, and the relationship has eased a lot. Of course, in the past, it was mainly because of business competition, and there was no contradiction in personal relationships.
........
Lin Zuhui, Bill Gates, Waleed, the news that these three joined forces to privatize the Four Seasons Hotel quickly spread throughout the United States and caused great repercussions.
To be honest, since many of Lin Zuhui's businesses are invested in the United States, he has a great influence in the United States; Not only is there a lot of communication between the political and business circles in the United States, but even Americans know him, and it is not limited to the recognition of the richest man in the world.
In an office building in Manhattan, this is the American headquarters of the Bank of Baring, which at this time can be described as ambitious; Although the Bank of Bahrain is not really a big name in investment banking at the moment, it has made great strides forward. Under the guidance of Lin Zuhui, it is believed that it will soon become a world-class investment bank.
For example, the acquisition of Hilton Hotel is the best sign. Of course, it takes a lot of time for the real return at the Hilton to pay off.
At this time, Lin Zuhui was negotiating with Andre and Harold, and he generally did not interfere with the Bank of Bahrain, but would 'interfere' with the top management.
"Harold, this acquisition of Hilton is up to you and your team to operate, and we must complete the acquisition successfully." Lin Zuhui said seriously.
Harold and his team are almost all natives, which makes it easier to fit in with American society. Investment banking is not just about buying a company, the acquisition is only the first link, and then it has to 'turn things around', 'go further', and finally find the opportunity to cash out.
"No problem, boss!"
Lin Zuhui asked: "Assuming the acquisition is completed, what do you plan to do next?" β
Harold had already foreseen it, and said seriously: "Move the headquarters, change the management, and at the same time further advance the franchise strategy of the Hilton Group, and significantly reduce operating costs." β
Lin Zuhui was very satisfied, and this idea coincided with him.
"You're right, Hilton started experimenting with the franchise model about 15 years ago, and I think it's a great way to grow your hotel business with as little capital as possible, and to use this model to make hotels with the Hilton brand bloom everywhere with little or no investment. The improvement of stores and rooms will inevitably bring about the increase in the value of the hotel, and after it is listed again, it will definitely be sought after by capital. By the way, the CEO of Hilton Hotel must find a person with rich management experience in the hotel industry, and immediately implement drastic reforms when he takes office. β
This is for cashing out, so the more beautiful the finances, the better.
Harold nodded and said, "Okay, I'll talk to the Hilton Hotel while looking for the right person!" β
"Then I wish you a good wind!"
"Thanks, boss"
After Harold left, Lin Zuhui said to Andre: "Take care of me!" β
Andre nodded, he knew that Harold had only been in the company for less than a year, and the boss was still a little uneasy; And the boss has a lot of things, so he can only entrust himself with supervision.
Of course, even if the boss doesn't say it, he is the supervisor of the acquisition and the last person to sign it.
Then, Lin Zuhui asked: "The foreign exchange has been fully cleared, right?" β
Andrei immediately said: "Yes, the current liquidity of the Bank of Bahrain is 1.05 billion US dollars!" β
The acquisition of hotel assets is a management fund, and Lin Zuhui took 5 billion US dollars, which is the management fund; At the same time, the Bank of Bahrain also has more than $20 billion in funds under management, which can also be used to 'acquire Hilton'.
The acquisition of Hilton is expected to be 120~15 billion US dollars + 4.5 billion in debt.
Therefore, the cake of the acquisition of Hilton is also very large, American banks can provide loans, American investment banks can underwrite future securities trading after listing, in short, everyone can make money.
Lin Zuhui immediately arranged: "From now on, the Bank of Bahrain will start to 'buy' crude oil futures - Brent and West Texas Intermediate. β
Andre suddenly became more energetic, and immediately asked, "How much money does the boss plan to buy?" β
The margin of crude oil futures is generally 7%~10%, which is equivalent to about 10 times leverage. At this time, Brent crude oil has fallen below $12, and Lin Zuhui feels that the time is almost right.
Although it may fall to $10, it is not a one-time purchase, and there are funds to cover the position.
Lin Zuhui doesn't know how much it will fall, but he is sure that crude oil will bottom out next year (1999).
It's the end of 1998, and it's a great opportunity!
"Buy about $10 million a day, complete it in 20 trading days, and invest about $200 million!"
Andre nodded, this is the boss's usual style, steady and steady, and grasp the time just right.
"No problem, I'll arrange it right away!"
Lin Zuhui finally said: "Other service businesses must also develop steadily, after all, the income is more stable!" β
Andrei said confidently: "Boss, rest assured, the current business development trend of the Bank of Bahrain is very good!" β
In fact, Lin Zuhui is not forced, and the Bank of Bahrain is just a personal weapon for him in the final analysis, and it is impossible to become the world's top investment bank.
.......
Beverly Hills, California, is home to the headquarters of the Hilton Hotel.
Harold led the team to the conference room of Hilton headquarters, where Stephen Bolumbach, then CEO of Hilton Group, was accompanied by consulting representatives and met with the Bank of Bahrain.
At the time of the appointment, Pollenbach had good reason to be interested in the deal: Hilton's share price was depressed at the time, and it was at a low valuation compared to other rivals, and it would be better for shareholders to sell it to Bahrain Bank at a good price.
"Mr. Harold, I really didn't expect that you just privatized the Four Seasons Hotel and are interested in the Hilton Hotel!" Blombach said with a smile.
Harold responded: "The Four Seasons is not a good investment, the Hilton is the asset we really value!" β
The atmosphere was very good at first, but when Harold offered $26.5, Borumbach suddenly felt a big chill. You know, for Bolumbach, the ideal price point is at least $32 or more.
BΓΆnnbach smiled and said: "This price is so surprising to me!" β
Harold responded: "After all, the U.S. economy has been rising for many years, and we also need to consider the risk!" β
Bolumbach smiled and shook his head, and then the two sides negotiated in various ways, but the price did not change; Because Harold is very patient, after all, it is a $18 billion deal (including debt), and he must have more dealings with Hilton's executives.
Therefore, there was no rush on both sides of the negotiations, and in the end there was no substantive progress.
After Harold and his party left.
Bolumbach told the consultant: "The offer of the Bank of Bahrain is not very high, it is very different from what the privatization of the Four Seasons Hotel has shown, is it that they want to negotiate with us slowly?" β
The consultant said: "The acquisition of the Four Seasons Hotel was that Bill Gates also joined the competition, which eventually led to high prices. Therefore, if the Hilton Hotel introduces other investors to bid, there is a chance to negotiate a higher price! β
Blombach's eyes lit up and he said: "It makes sense, then release the news!" β
.........
Soon, the news broke in the American media: the Bank of Bahrain was negotiating the acquisition of the Hilton Hotel.
For a time, it shocked many Americans.
"Is this Bank of Bahrain a Bank of America?"
"What, that rich Chinese again?"
"No, the Hilton is our American hotel, it's not the Four Seasons Hotel (Canada), it's not the Ritz-Carlton (European origin), it's a native American hotel."
"Yes, who will defeat that rich Chinese, he is too arrogant!"
The Americans discussed it one after another, and for a while, Lin Zuhui's prestige rose again.
Of course, the acquisition of the hotel industry does not require the official consent of the United States, which is not a core technology, nor is it a field of people's livelihood, nor is it a weapon to make money.
For the US officials, Lin Zuhui is very welcome to invest his money in the United States, and even hopes that Lin Zuhui will immigrate to the United States and become the pride of Americans.
Lin Zuhui is not proud of his money, but his legendary experience, self-made, less than 30 years old to become the richest man in the world, across many fields of career...... These are the things that even Europeans and Americans admire.
.......
Lin Zuhui came to the headquarters of the 'Amazon Mall' and held a meeting with the senior management.
Amazon Shopping Center, positioned as a giant of European and American shopping centers, has developed rapidly in recent years, taking nearly five years, from 19 shopping centers that began to be renovated in 1994 to 51 shopping centers today; From investing $1 billion to acquire properties, to now shopping malls with a total value of $16 billion, the debt is only $3 billion.
The success of Amazon Mall is due to a variety of reasons:
First, Lin Zuhui has used professional managers in the United States, from CEOs to project managers and supervisors, most of whom are talents from the United States; In this way, the business management of New Era Group is almost the role of capital injection and financial review, and the rest of the rights are in the hands of the management team with Steven as the CEO; Of course, Lin Zuhui, the boss, has the power of life and death, although he interferes very little.
Second, a steady stream of money has allowed Amazon to guarantee that a large number of new shopping malls will be put into operation every year.
Thirdly, the strategy is very correct, such as learning from the advantages of Westfield Mall, making full use of the surrounding land for apartment development, and establishing partnerships with large retail stores such as Macy's.
Fourth, from design, construction/decoration, settlement, etc., Amazon has adopted a one-stop industrial chain, unified signboards, etc., which has strengthened the brand of 'Amazon Shopping Center'.
For many reasons, Amazon Shopping Center has developed very well, which has greatly increased Lin Zuhui's confidence.
To be honest, at this time, the 'Amazon Mall' has not yet enjoyed the fame benefits of the 'Amazon website', and after the millennium, the Amazon website will become more and more popular, which will also drive the fame of the Amazon Mall.
In the future, a merger of the two Amazons is not ruled out.
In the conference room, Lin Zuhui sat in the place that originally belonged to Steven.
"Amazon Mall in Canary Wharf, how's it going?"
This shopping mall is Amazon's first entry into Europe, and it is very significant. And Canary Wharf is a group company, and it will not be cheap to outsiders.
Steven said seriously: "Everything else is going well, but it's not as simple as expected, in the UK, Amazon as an employer, some are not recognized by the locals, and it is difficult to recruit professional managers, and the locals have always kept their distance from the company." However, the boss can rest assured that in order to alleviate the pressure, a number of professional Amazon managers rushed from the United States to the United Kingdom, applying their market skills and experience, coupled with the new market managers' in-depth understanding of the local market, to start the global exploration and practice of Amazon's remote breeding. β
"When Amazon was founded, I decided to gradually use all American talent, and now Amazon Mall has become a place," said Lam. I didn't expect us to have the same problem so soon. In short, Europe is the next key development area for our Amazon shopping mall, and I hope that you will have more local professional managers to join us and recognize us. β
Everyone nodded, and they also agreed with the boss's statement very much.
In fact, they also understand that Amazon Shopping Center can have today's results, and many opinions of this boss have played a great role.
Steven said, "Okay, I'll pay attention to that!" β
Then Lin Zuhui said: "What is the current total value of the shopping mall in Xitian? β
As a learning object and competitor from the beginning, it is natural to know yourself and your opponent.
"They have about 90 malls with a total value of more than $40 billion," Steven said. β
It seems that the value of a single shopping center is higher on average in Xitian Shopping Center, which may be affected by the property area, location, city, etc.
Lin Zuhui immediately said: "In the past two years, the group's finances have been very sufficient, and Amazon's debt is small, so it has to double its investment, with an annual scale of about 4 billion US dollars." β
Everyone was shocked, this investment is indeed very large.
After all, Westfield has been established for more than 30 years to achieve today's results, while Amazon Mall has only been established for five years. Even if the New Era Group is calculated based on Lin Zuhui's entry, it has only been more than 10 years.
Steve excitedly said, "No problem, we must make a development plan!" β
Lin Zuhui said with a smile: "I have already found a large-scale project for you!" β
Everyone was interested, and the boss asked Amazon to settle in the shopping center in Canary Wharf, which was the first to choose a site in person.
Lin continued: "This project is on the site of the '1908 Franco-British Exhibition' in London, and I hope that you will build the largest shopping mall in Europe and increase the influence of the entire Amazon shopping mall. β
Steve immediately said, "Okay, let's start this project team as soon as possible!" β
This project needs to be built, and the '1908 Franco-British Exhibition Site' is very good, with Imperial College London and the BBC building nearby.
If the largest European shopping mall is built in this area, Lin Zuhui will immediately arrange for the development of surrounding real estate projects.
Just like the surrounding plots of Canary Wharf, Lin Zuhui is also very keen to invest.
........
During his time in the United States, Lin Zuhui was more than talking about new projects, but reviewing current investments. So now every time he comes to the United States, he will go to the US branch of Hengjin Investment and Jingwei Capital (USA), meet with the senior management, and read the documents in person.
At this time, the asset value of Hengjin Investment has reached more than 250 billion yuan (including the market value of Xiangjiang blue chip stock market and the hotel fund of the Bank of Bahrain), which can be described as a strong financial situation.
Hengjin Investment is registered in the Cayman Islands, and its assets are all offshore and diversified investment models, so outsiders only know about Lin Zuhui's private investment company, but they don't know the specific financial situation.
Jingwei Capital is very exposed, because it is a venture capital company, and it is also a very successful well-known venture capital company; At present, the assets of Jingwei Capital have more than 20 billion US dollars (including the valuation of unlisted companies), which can be said to expose Lin Zuhui to the public eye.
Recently, Matrix Capital invested 10% of Google's equity at a cost of only $1.6 million, which was negotiated by a local team in the United States. Although Matrix Capital has laid off some American investment managers, after all, it still manages so many assets, so there are more than 20 people in the team of Matrix Capital (USA), all of whom are elite-level talents.
Venture capital firms not only provide capital for companies to develop, but also provide talent for start-ups to join.
Take Google's acceptance of Matrix Capital's investment as an example, and then Matrix Capital looked for a new office for Google to prepare to move out of the garage. Then, Matrix Capital provided some assistance for Google to find technical talents to join, provide legal support and other assistance.
After all, Jingwei Capital has been mixed in the United States for so many years, and its relationship network is far more powerful than that of two young people who have just left school.
With Jingwei Capital's investment in Google, this company is also targeted by many venture capital companies, and the two founders at this time will naturally not be in a hurry to accept the investment, because they are not short of money. Jingwei Capital even suggested that the next investment would be at the level of 20 million US dollars (10%), and the two founders immediately felt at ease to engage in technology.
Jingwei Capital generally does not invest in two rounds, after all, an Internet company will basically not accept the same venture capital company for two rounds, unless the price you give is too high; The reason why Jingwei Capital does not invest in two rounds is also very simple, because investors behind it are needed to raise the company's price.
It's like frying antiques, if you buy all of Sanyu's paintings, then his paintings won't go up at all; But if you buy a few paintings a year and gradually increase the price, then the value of the paintings in front of you will also increase.
In fact, Sanyu's paintings have already been hyped up by Taiwan.