Chapter 432 The myth of wealth creation is so terrifying
1998 is coming to an end.
In mid-December, the United States and Laos began fighting, and international oil prices soared, attracting global attention.
This does not delay Nasdaq from continuing its surge.
At the end of November, Yahoo's stock price was only over 170 US dollars. By around December 22, it had risen to 240 US dollars, and this was the result of a stock split at the beginning of the year.
To use Su Yehao's original words, it was so refreshing.
It's not just Yahoo.
The companies he invested in, such as Cisco and Amazon, are also rising sharply. Even if you don’t count the increase in valuations of companies such as TVT and IQ, he has made a lot of money from the investment business alone.
Only twenty-two days have passed in December, and profits have exceeded US$870 million during that period.
This number is exaggerated.
In just over 20 days, the income equaled the achievements of Su Yehao's hard work for more than 20 years. Su Yehao made a lot of money and no longer knew what gifts to buy to reward himself.
The myth of wealth creation in Silicon Valley is so terrifying.
You must know that Su Yehao is not the one who earns the most. Yang Zhiyuan and others' net worth has soared by billions of dollars this year, and Bill Gates' total net worth has reached the threshold of 60 billion U.S. dollars.
The reason for this round of surge in stock prices is mainly due to the surge in performance of Internet companies, their extremely rapid growth, and the support of good news such as broadband, 3G, and the surge in the number of Internet users. Moreover, as the U.S. dollar raises interest rates, hot money continues to flow back to the United States. Many parties
The combination of factors has jointly promoted the popularity of Nasdaq.
The number of weekly active users of icq has risen to 11 million, with more than 2 million users added in the past month.
The total number of weekly active users of TVT has also soared to about 2.9 million.
According to the current market situation, if they are packaged and listed, the total market value will be at least about three billion US dollars. Once a relatively stable revenue channel is found, the value may be even higher.
It was clearly winter, but Su Yehao felt the heat of summer.
He made so much in a short period of time that even he couldn't help but feel panicked. After careful analysis based on the data, he felt that... the performance was quite reasonable and the bubble was not as big as imagined.
Cisco is backed by technology patents and the demand for its products is booming.
As the website with the largest number of clicks in the world, Yahoo's revenue this year is quite optimistic. If it were not for crazy acquisitions, it has successfully turned losses into profits.
As for Amazon, although it has lost a lot of money, its user and revenue data are rising steadily. It is called "Online Wal-Mart" by the outside world, and its operating costs may be lower than Wal-Mart's.
Su Yehao's investment costs are small, supported by huge profits, and the market is so wonderful, he is not in a hurry to cash out and run away for the time being.
Taking into account the increased valuation of the startup company, the total net worth suddenly reached the threshold of three billion US dollars, which made me feel as stable as an old dog. It was so satisfying.
After careful analysis, the investment philosophy remains unchanged.
Most of the funds will continue to be held in stocks, and a small amount of funds will be used to make a small profit and continue to play stock options and futures.
Just before the holidays.
Su Yehao contacted the jeweler Cartier and spent nearly 8 million US dollars at one time to buy a total of six collection-level top-quality diamond jewelry.
Christmas is coming soon. Now that the goods are flown from the headquarters to Hong Kong City, you can still be in time for the holiday and give them as gifts to the girls around you.
I also gave away gifts last year, but I didn’t spend so much money.
This year, there is an extra person to give gifts to, Xiao Jiang Yu. Last time I bought Xiao Nizi a diamond bracelet, her eyes widened. This time, Su Yehao prepared a necklace with a sixteen-carat pink diamond as the main pendant, worth
Two million one million US dollars.
The numbers sound amazing, but after you really have that much wealth, it's actually just that.
To be honest, Su Yehao didn't know how to spend money anymore, mainly because he already had almost everything he needed and he couldn't find a place to spend money on, so he simply gave gifts to the girls so that everyone could be happy together.
Of course.
For Xiao Jiang Yu and Yin Liuli, receiving such an expensive gift is likely to be full of stress and fright...
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Making money has become a "hobby", and the main business is enjoying life.
From the beginning, Su Yehao didn't have to worry about start-up capital. It happened to be a rare super bull market, and it was difficult not to make a fortune.
Doing business is indeed not difficult for him, and his obsession with making money is also fading.
Especially when focusing on financial management and investment, you just need to know when to buy and when to sell. There is almost no competition and no need to use too much brainpower.
For entrepreneurial projects, professional managers are hired with high salaries to help, which also reduces a lot of worries.
Su Yehao is very self-aware and knows that it is more likely to be easier to achieve results by hiring foreign players to take charge of specific matters than by playing on his own. He is unburdened by being the boss, and his subordinates make money, but he is relaxed and everyone is happy.
No worries about business.
Life aspect.
After returning from the Maldives, more than half a month has passed in the blink of an eye.
When Xiao Nizi is free, she likes to take Jiang Yu with her, either to play mahjong in Dalang Bay, or to go out to eat and shop, and even watched two movies together.
According to what Jiang Yu leaked to Su Yehao in private.
Compared to her, Nangong Tian seemed to be more worried about the existence of Yin Liuli and Zhao Yimeng, so he said that he would join forces with Jiang Yu to tie him up.
From Nangong Tian's point of view, it is of course more comfortable to live with Jiang Yu. Moreover, with the "accident" in the Maldives, the worst has already happened, so it is easier to accept it.
They both grew up with Su Yehao, and they both like him. In addition, they have lived together for so long, and they are still best friends, so they are natural allies.
In his early years, Su Yehao passed through thousands of flowers and no one could catch him.
After finally being together, Xiao Nizi never let down her guard and knew his true nature well.
No matter how well Su Yehao hides it on weekdays, she will eventually notice that something is wrong, and he is just pretending not to know, fearing that if the cover is lifted, it will lead to an unhappy relationship.
For example, Yin Liuli.
She also talked to Yin Liuli in person, and she sensed something was wrong at that time.
Su Yehao goes back to the casino so frequently, and often spreads some tidbits with Zhao Yimeng, so it's strange that Xiao Nizi dares to rest assured.
Growing up in the Beauty Royal Court Club, many of her mother's clients and friends were the concubines of so and so, so Xiao Nizi really didn't care that much because she had been exposed to this aspect for a long time.
Since there seems to be no way to monopolize it, it would be a smarter move to enlist Jiang Yu as an ally.
In fact, because Su Yehao was so outstanding, when she had nothing to do, Xiao Nizi was once worried that Father Su and his wife would interfere with each other and form a family marriage with some girl. This was very normal among the local big families. .
Girls from other families may not be attracted by Su Yehao, but if it is Zhao Yimeng, it is hard to say.
When he was studying, Su Yehao made many attempts and was rejected many times.
This impressed Xiao Nizi deeply, and she also knew that although her family had some money, it was far from being able to stand in the eyes of Father Su and Mother Tang and feel that they were well-matched. Not only in terms of wealth, but also in terms of personal connections, etc. Different places.
So there was a scene where they secretly teamed up with Jiang Yu and said they wanted to tie Su Yehao up.
Su Yehao couldn't laugh or cry when he heard Jiang Yu talk about it. It was also confirmed from the side that he was really thinking about Yin Liuli, and he actually tolerated it for more than a year and ignored him.
As expected of someone who wants to be the boss, his various coping methods are really open and open, not difficult for Su Yehao at all, and as smooth as silk...