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Reaching the age of thirty, my income randomly doubled-Chapter 1059 - 792: People in Their Later Years
Chapter 1059: Chapter 792: People in Their Later Years
In his later years, Chen Pingsheng also enjoyed a few puffs of Cuban cigars.
He smoked these cigars which cost 1,200 US Dollars each, approximately ten thousand RMB.
Occasionally smoking them can be refreshing.
Yang Qian talked to him about personal matters, mainly about the privatization of Antler Coffee, reclaiming a large amount of stock from overseas markets to relist on the domestic A-share market.
This is actually not difficult, it just requires a lot of capital.
The need for privatization mainly stems from the fact that over the years, Antler Coffee has done quite well in global development, but the stock price is clearly not as high as its real value.
When the stock price is far below the actual value, as the owner, one would definitely consider delisting or directly privatizing it.
The current controlling stake of Antler Coffee is actually in An’an’s hands, but its value has exceeded a trillion.
To fully reclaim it, at least five hundred to six hundred billion would be needed.
An’an has assets worth a trillion, but cannot summon such a large amount of capital at any time.
There are very few in the country who can call upon such capital at any time, and Chen Pingsheng is definitely one of the most capable.
Because nobody really knows how much capital he has at home and abroad.
Only know for sure he has no debt.
"You should discuss this matter with An’an, it’s not really a big deal, give An’an a few days and she can pull together these funds, you needn’t worry."
Having a net worth of five or six hundred billion and being able to extract five or six hundred billion at any time are completely different concepts.
Many owners with a claimed net worth of billions can’t actually pull out even a billion.
If they dare to withdraw, their listed company’s stock price could collapse immediately.
Yang Qian nodded, "Then I’ll go discuss it with An’an, she can indeed handle this completely on her own right now."
"She could have done it earlier, just give her a bit more confidence."
Chen Pingsheng was quite assured of his eldest daughter, Yang Qian casually chatted with him afterwards.
For any project with less than a hundred billion in investment, it doesn’t count for much to Chen Pingsheng.
He doesn’t even need to sign or inquire, his two daughters and the consulting team can make the decisions directly.
The project he is really orchestrating is the Xiangjiang investment of over three billion to reclaim land from the sea and build a city.
He also called this city Xiangjiang Future Science and Technology City, mainly to compensate for Xiangjiang’s technological shortcomings.
Planning investment of over three and a half billion, it aims to accommodate a population of up to a million.
It means he plans to recreate a Future City at sea.
This project alone has an approval time starting at a year and requires simultaneous approval from many departments.
Additionally, it needs verified capital of over two billion.
Without the money, who would dare let him reclaim land and create an island here?
Apart from this project, the rest concerns Sea Las Vegas.
Creating the world’s first mobile casino city, the size of this ship is beyond imagination.
The ship’s planned length is sixteen hundred meters, with a total tonnage of a hundred and fifty million tons.
It can accommodate more than three hundred thousand people, and such a ship would take no less than a year from design to construction start.
From construction start to completion, it would at least need several world-class factories collaborating and would take five to eight years.
The cost of just building the ship would be close to a billion, large enough to withstand any tsunami.
The ship is furnished with top-tier luxury venues, and equipped with 50 of the most top-tier helicopters to transport visiting guests.
It can be said that if such a sea casino city can be successfully operated, it would earn more than a hundred listed companies combined.
It belongs to that real kind of super cash cow.
Prepared only for super rich and idle top second generation.
It has nothing to do with ordinary people.
Even the most basic boarding fee starts at ten thousand, ordinary people have no chance to play inside.
Previously, An’an’s largest super cruise ship in the world spent over four hundred billion just on construction costs.
So far, it’s been operating worldwide for ten years and only recouped about half.
It would need at least another ten years to break even completely.
Based purely on investment return rate, this is undoubtedly a failed investment case.
But when it was initially built, it was mainly because An’an herself particularly wanted such a big toy.
Compared to this super cruise ship, the Liangshan Hotel invested and built by Erya is clearly more successful.
So far, the seven-star Liangshan Hotel remains the pinnacle of the domestic hotel industry.
It has not been surpassed yet.
It has also become the most famous landmark building in the Magic City, still one of the top luxury net celebrity hotels.
There is a saying in the Magic City, having a Mercedes or BMW doesn’t necessarily mean you’re rich.
But those who can frequently stay at Liangshan Hotel are definitely super rich.
Because the simplest bowl of noodles inside costs you 198 at minimum.
If you don’t have enough money, going there is completely an uncomfortable experience.
It can only be said that in this world, the wealth disparity is already quite severe, those who have money really have it.
The poor are working hard daily for a meal.
Some things are built not for ordinary consumption, like Liangshan Hotel, super cruise ship, and this world-class sea casino he is building.
Er Piya worked on luxury goods for a long while, realizing they still couldn’t outsell those top European and American brands.
Later simply stopped pursuing those things.
Old Chen Family couldn’t make world-class luxury handbags, shoes and the like, but they can make top hotels, cruise ships, and sea casinos, right?
Chen Pingsheng diverted many of his big investments towards affluent consumption.
Things meant for ordinary people, leave them to ordinary people to compete over.
He’s long stopped paying attention to milk tea, twenty-something RMB coffee.
It’s not that he’s detached from the masses, it’s just that when you have so much money in hand, it’s the inevitable result.
He’s neither shortsighted nor not looking to the future; projects for longevity including human moon exploration or space exploration, he’s also doing them.
But those things wouldn’t show results in three to five years, or even ten, twenty, or thirty years may not yield much achievement.
A businessman can look ten years ahead, but looking a hundred years is likely pointless.
For instance, what many young people now discuss, how long before Earth is destroyed.
If he focused on this, it indeed would be finding trouble for himself.
If Earth really is destroyed, people would return to primitive society, evolving from apes.
Such a simple thing.
Or some wealthy might first discover new lands in the stars, migrating in advance.
Anyway, absolute fairness has already been utterly broken, who knows what remains?
Live in the moment, figuring out ways to make money is still necessary.
That’s just how he is, he can’t let his family’s assets be devalued just sitting in the bank.
Counting it up, he still has quite a few projects to complete.
As for the group’s matters, leave them to the people specifically responsible.
He’s rarely involved anymore, doesn’t know much about what the many research institutes are researching daily.
To him, keeping his money generating even more money is the greatest significance.
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