©Novel Buddy
Domination in America, Starting from being a Boxing Champion-Chapter 719 - 523 Forbes Billionaires List_2
All of this is Link's fault!!
Ding-a-ling!
The office phone rang, and Harvey, irritated, glanced at it— it was a call from major shareholder Avi Nevo. He could only hold back his annoyance and answer, asking Avi what he needed.
Avi Nevo told Harvey that Warner Bros. Pictures had agreed to support him in limiting the growth of Lionsgate Films, and they would invest three hundred million US dollars into supporting the Weinstein Company for filmmaking. Additionally, they would support him in media publicity, hoping he could seize the opportunity to produce several high box office films and snatch market share from Lionsgate.
Immediately, Harvey's spirits lifted. The main reason Lionsgate was improving was due to its ample funds, with an annual production cost of six to seven hundred million US dollars, higher than the market value of other film companies in the industry like Weinstein Company, Relativity Media, and Legendary Pictures.
With the financial support from Warner Bros. Pictures and the backing of the media under the Warner Group, he saw a significant chance to overtake Link and Lionsgate in the coming years and reclaim his title as the king of Hollywood.
He thought this not out of self-aggrandizement but from genuine confidence.
Moreover, from 2011 to 2012, Lionsgate Films' development accelerated, its box office performance soared, and last year it surpassed Warner, Universal, 20th Century Fox, and Paramount, becoming the industry's third-largest and seizing a substantial market share from the 'Big Six' movie studios.
Lionsgate Films had touched the Big Six's cake.
Naturally, the Big Six wouldn't sit back and watch Lionsgate's growth without taking action. They would suppress Lionsgate's development in various aspects like publicity and distribution, film project collaborations, and partnerships with directors and actors under their banners.
In such a favorable situation, Harvey didn't think he could lose.
"Humph, Link, our contest isn't over yet, just you wait."
Harvey, looking at the magazine cover that was poked full of holes, said coldly.
"Harvey, this is Lionsgate's film project list for this year, do you want to take a look?"
Bob entered with a folder in his hand.
Harvey took it and glanced over, "Why are there only two films with production costs over a hundred million? I told you last time to find ways to drag Lionsgate down with big-budget films; why has Lionsgate's investment become even more conservative?"
"This was an internal decision by Lionsgate. At the beginning of the year, during the executive meeting, the head of the production department suggested shooting more large-scale productions since last year's box office performance was good. However, Ivanka gave a negative response to this suggestion.
She told the production department to stick to last year's budget plan—two or three big productions plus multiple low-budget and horror films, at least for the next three years. I can't change Ivanka's decision," said Bob, shrugging his shoulders.
The muscle in Harvey's eye twitched. With Lionsgate's current size, investing in more than five big productions each year wouldn't be a problem, yet now they were only investing in two or three per year.
With Lionsgate operating like this, when could they go bankrupt due to failed investments?
Harvey thought for a moment and asked Bob to keep finding ways to encourage Lionsgate to invest in big productions, or to prompt Summit Entertainment to embark on large-scale productions. In any case, he would try every possible way to make Lionsgate go bankrupt.
"Okay, fine!"
Bob didn't know how to proceed, but seeing the magazine on the desk that Harvey had punctured, he wisely chose not to argue at this moment.
—
March arrived, and "Forbes" magazine released several lists one after another.
In the realms of sports and music, Link still became the top earner with annual incomes of 420 million US dollars and 220 million US dollars respectively. In the film sector, he only shot two movies last year, "The Expendables 2" and "Rust and Bone," earning 25 million and ranking eighth.
But on the "Forbes World Billionaires List," his net assets were worth approximately 9.6 billion US dollars, ranking 114th, which was an improvement of over a hundred places from last year.
His current assets were mainly divided into three parts. The first part included the shares controlled by Goldbeck Investment Company—15.5% of NVIDIA shares, 17.2% of Tesla shares, 5.7% of SpaceX, 1.3% of News Corporation shares, 8.6% of Netflix shares, and minor amounts in Amazon, Facebook, Instagram, and Apple.
Out of these, NVIDIA experienced a slump lasting more than two years but had recovered to over 10 billion in October last year, with a current market value of 9.8 billion.
Goldbeck Investment had gradually bought 15.5% of NVIDIA shares at low prices over the last two years, valuing 1.5 billion US Dollars.
In the case of Tesla, it performed well this year. At the end of last year, the stock price was 36 US dollars, and it currently trades at 67 US dollars, boosting Tesla's market value to around 8.5 billion US dollars.
Tesla's stock increase is primarily due to its first quarterly profit at the end of last year, marking a significant improvement in Tesla's financial condition.
Goldbeck Investment Company owns 17.2% of Tesla shares, with a market value of about 1.45 billion.
Currently, Netflix's market value has slightly recovered from last year, standing at 4.5 billion US Dollars now.
8.6% of Netflix shares were purchased in the past two years, excluding parts under Lionsgate Films, valued at approximately 380 million US Dollars.
There are also shares of News Corporation.
Link bought shares of News Corporation following the 'phone hacking scandal' in July 2011, which led to a significant reputation drop for Murdoch and News Corporation, with the company's stock shrinking nearly 31% from 50 billion to below 32 billion.
Link took advantage of the low News Corporation stock prices and gradually purchased 1.3%.
After over a year of recovery, the current market value of News Corporation has bounced back to around 45 billion.
1.3% of News Corporation shares are valued at approximately 580 million.
Currently, SpaceX's market value is 1.5 billion, with 5.7% roughly equating to 80 million.
The rest of the shares, including Amazon, are valued at approximately 400 million US Dollars.
Overall, the market value of the shares under Goldbeck Investment is around 4.5 billion, with Link holding 98% of Goldbeck Investment.
The second part of assets includes music companies, film companies, and sports shares.
In terms of music, it includes Link Music, Spotify shares, and SB Entertainment, with these assets valued at about 1.8 billion US Dollars. freewёbn૦νeɭ.com
For film companies, it includes Lionsgate Films and Palm Beach Films, along with 11.37% of Netflix shares under Lionsgate, valued at approximately 2.2 billion US Dollars.
In sports, it includes 23.5% of shares in Dynasty Promotion and Nike-Link sports brand, valued at around 400 million US Dollars.
The third part of assets is overseas assets, including Hong Kong Island Goldbeck Investment Company, 41% of Big Hit Company shares, Paris Rose Film Company, etc., valued at around 1.2 billion US Dollars.
These three parts of assets total about 9.6 billion US Dollars.
These are figures provided by Forbes magazine.
The magazine also analyzed that Link's asset surge this year is due to three factors.
One is the growth in NVIDIA and Tesla shares, second is the doubling of the market values of Link Music and Lionsgate Films, with the growth in Spotify's value significantly increasing both Link's and Ivanka's net worth by several hundred million, and thirdly, Link's Investments in the Huaxia region last year all yielded good returns.
This has led to Link's net worth doubling compared to last year.
In the latest Forbes list, the top ten remain largely unchanged.
Mexico's telecom magnate Carlos Slim Helu has maintained the title of the world's richest person for the fourth consecutive year, with a net worth of 73 billion US Dollars. Bill Gates is second with a net worth of 67 billion US Dollars, and the Spanish retail and fashion tycoon Amancio Ortega ranks third with 57 billion.
Larry Ellison ranks fifth with 43 billion.
Murdoch's net worth has doubled from last year, ranking 91st with 11.2 billion.
Father-in-law's net worth is about the same as last year, ranking 395th with 3.4 billion US Dollars.
Georgia Bloomberg's father, Michael Bloomberg, sees a significant increase in his net worth, ranking 13th with 27 billion.
Ivanka also entered Forbes magazine's list of wealthiest women, currently valued at 800 million US Dollars, including shares in Link Music, Spotify, Lionsgate Films, and fashion and jewelry companies, ranking 162nd on the list of wealthiest women.
She has also been named by Forbes magazine as the best female CEO of the year in the entertainment industry for her outstanding management of Link Music and Lionsgate Films.
There are also Catherine and Mandy Mrs., although not making it onto the Forbes list, but due to good performance from Palm Beach Films and Palm Bay Brokerage last year, both have net worths over 30 million and have been reported by multiple media outlets, becoming elite figures in the industry.