Jing Gao’s journey to greatness has come to this point, and it seems that it is almost reaching its peak. The next step is to invest money and time to develop the chip industry. He can just take the money and enjoy life!
However, veteran drivers will always encounter new problems. Crisis comes quietly.
In just over a year, a young man who ranks among the top three richest people in China has emerged. Who would not pay attention to this?
This cannot be avoided by Jing Gao's "going deep and staying simple", not participating in business interactions, and not getting involved in politics.
Thinking like that is called ostrich thinking. It’s not about burying your head in the sand and thinking that there is no danger.
It is true that Jing Gao's very effective "evasion" and his reputation for defeating the Galaxy Group made all parties still have doubts about him and did not dare to attack him casually.
However, Jing Gao is not a white glove. Under the "test" of people like Feng Xuehua, sooner or later the flaw will be revealed. At that time, people from all walks of life will pounce on it. Do you really think that shopping malls are like battlefields for fun?
Cruel competition is happening every moment. As long as you are weak, there will be people or companies who want to swallow up your wealth or market share.
In short, this road to wealth is like this. When you have no property, you spend money like a billionaire, which will cause all kinds of unreasonable speculations. If you report it to someone, the tax department will probably come.
Check you.
This won’t work!
And when you have property and the asset value exceeds 100 million, it will definitely attract the attention of "predators". This is how Jing Gao fought all the way!
Now, he is about to touch the threshold of a trillion-level enterprise. A higher-level "circle" is paying attention to him!
How should he go next?
…
…
The lights in the luxurious large bedroom are bright. The lavender curtains are closed, blocking the silence of the night outside.
Guo Siyue looked at Jing Gao, who was asking her seriously for advice, and couldn't help but feel tenderness and love in her heart. She wanted to take care of him and help him like a big sister.
Just like when she was looking at the diamond necklace in the living room on the first floor, she couldn't help but press him in front of her and tolerate him.
Guo Siyue's beautiful eyes full of spirituality looked at Jing Gao, hugged him, and said: "Xiao Jing, this is a problem, but it needs to be divided into two steps. First, you are too conspicuous on the rich list, how do you plan to deal with it?
What is your shareholding in Phoenix Group?
Second, the way you dispose of equity determines the future organizational structure and direction of Phoenix Group.
Let’s talk about the first question first.
As for how to hide one's wealth, this involves different models. The most common one is unlisted companies. As long as financial statements are not disclosed, the outside world has no way of knowing the company's assets. They can only judge based on clues.
However, this model is only suitable for companies with a value of less than 20 billion. To reach a certain level of business, some or all of the financial data must be published, otherwise it will not be recognized by many partners. Especially in the manufacturing industry.
Hand in, it’s really good, and it’s worth installing. After all, there are many sources of books, complete books, and fast updates!
The most typical example is Huawei. Their company is already very large. According to the Fortune 500 data released on July 20, 2016, Huawei ranked 129th, with an asset valuation of US$100 million.
They have built a supply chain, dealers, R&D and other systems around the world, so although they are unlisted companies, their financial statements are all public. In this way, they can enhance the confidence of their partners in them.
Phoenix Group’s external assets are valued at approximately 800 billion, equivalent to US$120 billion. It owns Xia Shang Real Estate, Henghu Pharmaceutical, Bank of East Asia, Sina, and Weibo. It also owns a quasi-listed Uber.
So, it’s difficult for you to hide it. It’s clear once you check the equity.”
Jing Gao listened carefully.
The rankings of the Fortune 500 are based on operating income. Therefore, although Phoenix Group's asset value is high, it is twice that of Huawei. However, its operating income is not satisfactory, and it barely ranks 50th on the list of the top 100 private enterprises in China. Operating income
Around 66 billion.
This is actually proof that Phoenix Group is “big but not strong”.
Guo Siyue continued: "Then, if you want to hide your wealth, the first way is to really transfer the equity. For example, cross-shareholding with your business partners. Or, introduce state-owned enterprises and foreign capital as strategic investors.
These are all ways to enhance one's own strength.
The second method is a fake transfer. You either have someone hold the equity on your behalf, or you have cross-shareholdings with affiliated companies. Just like the Mitsui Foundation you admire. The real wealth and power are still in your hands.
The third method is to donate the equity and establish a charity fund.
The fourth method is, like Huawei, you give up a large number of shares and let all employees hold shares. In such a huge system, as the founder of the company and the holder of power, hundreds of thousands of employees will not let them
You caused trouble to the company.
Of course, we cannot follow Vanke’s example of going public. After going public, we will be targeted by capital and our equity will be too dispersed, which will be very troublesome.
Xiaojing, you just said that you should be close to the government and stay away from politics. This is the most ideal model. In real business practice, it will still cross the line to some extent. It mainly depends on the industry. You see, Vanke has this in mind.
Do we need state-owned enterprises as strategic investors? Galaxy Group also has strategic investors.
Which one of these methods do you want to choose?”
Jing Gao smiled bitterly and stroked Guo Siyue's hair, "What you said is really clear and thorough. I can't decide for the moment. Please give me a suggestion first."
Guo Siyue smiled sweetly, pecked at the well, and said: "You are stupid! I am the president of your enemy company, the number two person, and you asked me to give you advice. Are you afraid that I will take you into a ditch? With my
The level is probably so bad that you won’t be able to adjust within five years.”
Jing Gao smiled, hugged the mature and beautiful woman who looked like a woman in her early thirties, and patted her baby, "Didn't you give your resignation report? Besides, Siyue, will you cheat me?"
The corners of Guo Siyue's mouth turned up. Instead of her usual quiet and luxurious temperament, she became more lazy and charming after being nourished. The mature and beautiful woman was full of charm, her eyes were like water, and her body was like snow, with her unique
Charm.
"Fool! I can't do it, but that doesn't mean other women can't! In short, you can take it easy in the future." Guo Siyue chuckled softly, stroking Jing Gao's hair, "If you want to hide your wealth, you will use all kinds of methods.
Gotta use it.
In fact, hiding wealth means hiding it in front of the public. Let the public information not check your true wealth. It does not mean spreading the wealth. In shopping malls and within the system, everyone who needs to know will know.
First, Phoenix Group will spin off all listed companies now. In name, the board of directors is the highest governance body. There is no need for a headquarters above. But in fact, you still control these companies.
After the spin-off, the equity in your hands must be dispersed. Hide your name from the listed company. This requires a large number of shell companies and financial companies as cover-ups. But your Phoenix Group's legal and financial teams should be able to handle it.
.
As for whether it is necessary to introduce strategic investors, it is up to you to decide.
Second, after stripping off these assets, your remaining unlisted company business will be much easier to streamline. You can even use entrusted holdings.
After such a process, your estimated net worth of US$18 billion on the Forbes list of the world's richest people will shrink to US$5 billion. Give them some advertising, sponsorship, and public relations, and you will basically be hidden in the crowd.
How you dispose of equity will determine the future path of Phoenix Group. At this point, go ahead and I don’t need to teach you any more.”
Jing Gao looked at Daguo Beauty and admired her in his heart.
He just told her not long ago why he fell in love with her. First of all, he really coveted her body and her people, and wanted to explore her past and every inch of her land.
After dating her, he came to appreciate her mature woman style. Her charm and tenderness made him feel intoxicated and fascinated. There was really no other woman like her. She was unique.
At this time, he may have a third level of liking for her: talent!
A female CEO who has been in charge of a trillion-level commercial aircraft carrier and has been in the business for more than ten years. He really admires her talent and wisdom.
He had some ideas of his own, but he was a little confused and undecided. Guo Siyue would sort it out for him, and he suddenly felt clear.
There is one point to make here. For example, in a company, do all shares really have the same rights? If you own 50% of the shares, you have 50% of the voting rights? Not necessarily. Even if you don’t engage in AB shares, you can still legally
Under the framework of , entrust proxy voting rights!
And do you get 50% dividends? That’s not necessarily true! In the previous merger of Didi and Uber, there were differences in equity and economic benefits. This can be signed.
Shareholdings can be publicly inquired, but various agreements of non-supervisory companies cannot be found.
Coupled with the inclusion of registered companies in some overseas tax havens, it is possible to hide wealth on paper.
“Siyue, I asked you while eating, where are you going next? Come and be my lifelong consultant!”