It has only been a little over a year since I started doing business.
With Su Yehao's age and ability, in the eyes of his family, he is just like a child with a huge amount of money, and it seems that he is still unable to control so many assets.
Find out why.
It's probably similar to parents who worry about letting their children manage their own New Year's money. It's not yet time to let go completely with peace of mind.
If it was only a few hundred million Hong Kong dollars, with Su's strength, he might just let Su Yehao mess with it. Even if it was all lost, it wouldn't seem like a big deal. He could just earn it back from other places.
However, Su Yehao currently holds more than 10 billion Hong Kong dollars, and he has invested it in fields that Father Su does not understand.
I have used Yahoo, TAT, TVT, etc. in private. In my opinion, Mr. Su has no idea why this thing is so valuable.
Even though you are a wealthy person and have a broad vision, it is impossible to be proficient in everything.
Sihai International's advantages lie in the fields of real estate, building materials, and engineering construction, which are the Su family's main businesses.
Since then, Father Su has been feeling extremely worried, but he has been unable to give his son too much good advice, for fear that if he doesn't pay attention, he might do something wrong with good intentions and cause complaints.
I couldn't count on it, so I started thinking about futile things again, such as finding Wong Tai Sin and calculating fortune for Su Yehao.
For nothing else, I just want peace of mind.
Su Yehao wasn't worried at all when his father talked about asking Wong Tai Sin to tell his fortune. With his friendship with that person, he could send a text message to say hello in advance later, so he didn't have to worry about being held back.
Although I don’t believe it.
But since you spend a little money, you can get your parents to stop nagging you.
Su Yehao still thinks it's a good deal.
So I readily agreed, and while I was going to the bathroom, I quickly sent a text message to Wong Tai Sin, which simply said, "Next year will be smooth and prosperous."
With the other party's ability to rely on words, Su Yehao believed that Wong Tai Sin could make up some tricks according to his own wishes to help appease his good father.
The U.S. dollar is still raising interest rates. Combined with the many good news brought about by the development of technology, this hot bull market for Nasdaq technology stocks should be able to last for a while. If we persist until the second half of next year, we don’t need to remind our family.
Su Yehao himself will take the initiative to cash out.
From the time he invested in Yahoo, his original intention was to make a profit and run away. His relationship with the Zhao family and Donghuang Group was different.
Look at Bill Gates. He has been regularly reducing his holdings since two or three years ago, cashing out money and investing in other fields. He probably did not expect that the Internet would develop to the scale it is today, let alone predict the future.
I know that Dad and the others have good intentions, but they are really too worried.
Su Yehao is very measured, and he doesn't think he will miss anything.
The worst result is nothing more than running too early or running too slowly, failing to accurately hit the peak of the bull market, and making less money. It’s not painful or itchy...
Take advantage of Wong Tai Sin not coming yet.
Su Yehao called Xiao Nizi and asked her if she wanted to come to his house for a meal.
Of course Xiao Nizi wanted to do it, but she still decided to stay at home and have lunch with her mother. She probably felt uneasy in the presence of Father Su and Second Auntie.
By the way, Su Yehao didn't force it. He went back to his room to play on the computer and found that the computer configuration was out of date and the Internet speed was slower than in Hong Kong City.
The population of the gambling city is too small.
Even if Su Yehao knows that there is a market for investing in broadband, he is too lazy to invest and support hundreds of thousands of users. Even if the profit is high, how much money can he make in a year?
Go into your mailbox, reply one by one, and then check yesterday's earnings.
Investment assets have made profits and losses. Yesterday, I only made a total of more than three million U.S. dollars. Compared with the total holdings of more than two billion U.S. dollars, this number is equal to no profit.
On the contrary, Gulfstream Aerospace, which ordered a private business jet, sent him an email saying that the aircraft had begun production. He had recently taken the time to contact them to confirm the interior decoration, upgraded accessories, etc., and would try to reply to them within a week.
There are many flying in the sky, and there are also many running on the ground. As for those swimming in the water... Su Yehao searched for news related to super yachts and found that their shapes were quite average and not handsome enough.
Thinking that he would wait until he redeemed his money from the stock market before looking for a reliable shipyard to inquire, he then sent a message to his assistant Zhuang Wei to ask if he had contacted the Universal Maldives Resort Hotel Group.
Since Linda Yun took over the job that originally belonged to Zhuang Wei, Zhuang Wei, the former life secretary, is now the head of Su Yehao's family office.
The entire assistant team, a total of more than 20 people, with the lowest academic qualification being a master's degree in finance from the University of Hong Kong, all hang around Su Yehao. The office is in an office building in Central, separated by a wall from the Hong Kong headquarters of KOKO Venture Capital.
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The family office does not directly create income, but it is the transfer station for Su Yehao to control various projects. It is mainly responsible for uploading and distributing projects, and assists him to better manage assets.
No matter how many things you do, they will become trivial if they are spread over many employees.
For example, when contacting the Maldives Universal Resort Hotel Group, Su Yehao just said yesterday afternoon that he wanted to acquire it. At this time, Zhuang Wei called and told him that two assistants had been arranged to form a team with people from the accounting firm and McKinsey consulting firm.
The inspection group just chartered a plane to Male Island in the morning.
After asking, Su Yehao found out that the capital of the Maldives is called Male.
The specific situation will only be known after contact.
The main business of this hotel group is in the Maldives. As early as 1972, it invested and developed the first Coconut Island Resort Hotel in the Maldives. It currently owns four islands in the Maldives and is also the largest hotel group.
It is said to be number one, but according to the preliminary evaluation results of McKinsey Consulting Company, the total value of the entire Universal Resort Hotel Group is only 20 to 30 million US dollars, which sounds very cheap.
Unlike hotels in port cities, the Maldives has no shortage of beautiful desert islands.
Rent or buy an island for a long time, invest in building some wooden houses, thatched houses, equipped with power generation equipment, etc., and then you can put it into use. Due to the limited area and geographical location of the island, it is only suitable for rich people who are tired of living in the city.
Spend a few days relaxing on the island to change your mood.
There are many beautiful islands around the world, and there are many tourist destinations for tourists to choose from.
Rich people can spend hundreds of thousands or millions of dollars to buy a beautiful small island in the tropics, which may be larger than the islands owned by Universal Resorts Hotels.
Compared to the Maldives located in the Indian Ocean, the prices of the Bahamas are slightly more expensive, mainly because they are close to the United States and are regarded as a back garden with a large number of tourists.
The Maldives is too niche.
After Su Yehao thought about it afterwards, he gradually came to his senses.
He thought it might be because it was relatively close to the mainland, so news about the Maldives was relatively common, which impressed him deeply. Naturally, he felt that Universal Resort Hotel Group should have more than this amount of money.
It's actually not that expensive.
For the entire Universal Resort Hotel Group, the only peak season is the European winter, with a yearly turnover of only six to seven million US dollars and even less net profit.
Spending 20 to 30 million US dollars to buy it will take more than ten years to recover the capital. When the capital is recovered, it will be time to renovate the hotel. From an investment perspective, it is not very cost-effective.
But the reason why Su Yehao wanted to buy it was not for investment, but as if he regarded the beautiful island as a gift.
So as long as it's beautiful, there's no need to consider anything else...