Even he himself did not expect that this time, in addition to taking advantage of the predicted "Black Monday" to double the profits through speculative short selling, he would also gain so much extra after helping Henri Lacamie take back the company.
Many benefits.
His current personal wealth in France includes:
Pierre Cardon donated 5% of the company's shares to him.
Out of gratitude and compensation, Henri Lacamier gave him three quite high-quality real estate properties that were difficult to buy for free.
There was also the 10% of LVMH shares he held publicly on the French stock market, and later he bought 8% of L'Oreal shares and 4% of Hermès shares at low prices.
In the next twenty years, although the stocks of these companies will not double significantly, they will rise year by year, eventually becoming the top three companies with the largest market capitalization in the French capital market.
In addition, he still has about 1.32 billion francs in cash, which can be used to maintain the operation of these real estate properties and build luxury hotels in France.
During the few days he stayed at the winery, he actually negotiated a preliminary agreement with Romani Winery through the winery steward, and successfully obtained a quota. This is the benefit of his winery being close to the origin.
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The two parties agreed that starting from this year, Ning Weimin can purchase at least 140 cases of wine produced by Chateau Romani every year.
The approximate proportion of the quota is as follows. This batch of goods worth five million francs includes fifteen boxes of Romanée-Conti, the most famous "wine king" of the Romanée winery, and the rest also includes the winery's.
Other famous wines,La Tache
Tache has fifteen boxes, Romanée-Saint-Vivant has twenty boxes, Echezeaux, Grands-Echezeaux has forty-five boxes, and Richebourg has thirty boxes each.
Not to mention the small quantity, even if all these wines were added together, they would only amount to about 1,700 bottles of wine per year, which is barely enough to be sold by one or two restaurants.
But as the saying goes, the future is long. Now that we have a preliminary cooperative relationship, there are endless possibilities in the future.
And who makes Chateau Romanee’s wines always in short supply?
Currently, Ning Weimin is very satisfied with the fact that he can get so much because of Jinpo's reputation as a "cousin" of Chateau Romanee.
The key is that there are no middlemen who take advantage of the price difference. These wines are obtained at the lowest price. The current purchase price is less than 4 million francs.
Even if he doesn't leave France, he can find a few cars to take the wine to Paris, and Ning Weimin can make at least one-third of the profit by casually changing hands.
It would be great if we could get it to Japan or stay in Saint-Tropez and wait until next year's tourist season to sell it to rich Europeans.
Earning doubled profits would be considered a soft-hearted person.
Selling two or three times more is not too much.
If you meet someone who really knows how to appreciate it, you can sell it for five to six times or even a better price.
And if he can endure his loneliness and stock up slowly, twenty years later, the value-added benefits of these drinks will be much greater than those of Moutai.
As far as Ning Weimin knows, in 2016, someone in Hong Kong City bought a bottle of Romanee-Conti for HK$1.34 million, and it was from the 1988 vintage.
If the current exchange rate of the franc is slightly lower than that of the Hong Kong dollar, the average increase will be more than five times a year.
Quite a worthwhile purchase.
Therefore, for this matter, Ning Weimin also generously increased the salaries of the winery staff to boost morale and calm people's hearts.
The wages of each of the six ordinary workers in the winery increased from 14,000 francs to 16,000 francs.
The income of two winemakers increases by six thousand francs and by five thousand francs.
After the change, their monthly salary is basically around 30,000 francs.
The most suitable one is of course the winery butler.
As a key figure in helping Ning Weimin establish a relationship with Chateau Romanée, his salary income not only directly increased by 10,000 francs, but also reached a monthly salary of 40,000 francs.
Even his wife, who was originally responsible for cooking for everyone every day, was officially employed by the winery and has a fixed monthly income from then on.
Needless to say, under the economic stimulus of such a generous hand and money, the whole winery was smiling and everyone was happy.
Obviously, everyone's anxiety and worries about changing the owner of the winery are gone.
On the contrary, they felt that the new boss Ning Weimin was quite nice, generous and kind, and he had a big star like Alain Delon as a friend, but he was not unkind at all and not at all as arrogant as they imagined.
people.
Although he intervened in the business, it was only in sales, and he did not interfere in the brewing work.
In order to improve the quality of drinks, they even announced the implementation of an encouraging reward policy.
They were promised that for the future wines produced by Jinpo Winery, as long as they participate in the wine selection competition and win awards, the staff of the winery will be rewarded for their merits, and everyone will receive additional bonuses.
Who wouldn’t like a boss who is so generous, enterprising, willing to listen to opinions, and doesn’t give blind orders?
So despite the fact that Ning Weimin was a novice who didn’t understand wine at all and couldn’t speak a few words in French, he only stayed at the winery for three or four days before going to Saint Tropez to see his castle.
Already.
But even this short stay allowed him to gain the recognition of the winery without any effort, and unknowingly brought a kind of hope to Jinpo Winery, making the staff of the winery have hope for the future.
A more fervent expectation.
But just when Ning Weimin had to change his original plan and stay in France for a few more days due to the need to inspect the territory and a new business plan.
Japan, which he has no time to pay attention to for the time being, has undergone many new changes due to the dimensionality reduction attack of this "Black Monday".
As far as the entire Japanese society is concerned, this sudden financial disaster has also caused heavy losses to all speculators in the Japanese stock market, which is heartbreaking.
In just one or two weeks, the originally prosperous Japanese stock market dropped from the previous average stock price of 26,646 yen to 21,036 yen, and the Nikkei Index adjusted by as much as 22%.
The adjustment of individual stocks is even more serious.
There are many stocks that have fallen by 30 to 40 percent, and there are also some that have adjusted as much as 50 to 70 percent.
With this sharp decline, a huge amount of wealth was evaporated, and almost everyone involved in stock speculation was frightened and stunned.
Most people have no time to react and are killed in the stock market.
And those who respond promptly may be worse off.
Although it was not a pure decline in the past two weeks, there was also a rebound. Many stocks fluctuated around 20% in a single day.
But you must know that in this era of closed information, most speculators lack sufficient understanding of the stock market.
Even if you are an economics professor, a financial expert, or an official of the Ministry of Finance.
Not many people know how to read K-line charts, but those who know that shrinkage and decline are signals of a short-term bottom are already considered experts.
Not many people have truly experienced extreme market conditions, let alone know how to handle them correctly.
Most people were able to make money in the past just because the market itself was good, and they caught up with a trend that was not seen in a century.
So under the amplification of emotions, how many people can really seize the opportunity of shock and make correct transactions?
Once you do the opposite, your losses will be doubled.
As the saying goes, the faster you move and the more frequent your transactions, the more you lose and the more miserable you are.
As a result, immediately, the sales of luxury goods began to decline, the business of high-end restaurants and nightclubs suddenly froze, and the demand for luxury cars stopped like a sudden brake.
This has even affected the property market.
Due to the sharp drop in stock prices, all kinds of leveraged speculators have been hit hardest. Those speculators who use financing to speculate in stocks need more funds to cover their positions or increase their margins.
Otherwise, their positions will be forcibly liquidated - "liquidated" in stock market jargon.
As a result, many people are in a hurry and can only borrow high-interest loans to cover their holes. People who own houses can either choose to take out mortgage loans at low prices or simply sell them at low prices.
This naturally caused the rising Japanese property market to slow down the price increase.
And those people in securities companies, those who rely on the stock market to make a living, are doing what they are doing now.
Apart from lamenting in private, there is currently no positive support, and we can only see the stock price continuing to plummet.
This leaves them to continue to deceive the public for the sake of performance, "There is not much room for the index to fall. There is support below. You can buy it."
Unfortunately, the Japanese government can't count on it at this time, because the Japanese political arena is busy with the general election.
In 1987, as Prime Minister Nakasone's term was about to expire, and as public opinion circles continued to expose him as suspected of bribery and adultery, Nakasone planned to retire.
In order for the Liberal Democratic Party to continue to be in power and avoid the split of the party, he appointed Noboru Takeshita, the most powerful person in the party, as the 12th president of the Liberal Democratic Party. He also promoted Noboru Takeshita as a reward for following him for many years.
Therefore, Noboru Takeshita was approved as president within the Liberal Democratic Party, and after approval by both houses of Congress, he became the 74th Prime Minister of the Japanese government.
In early November 1987, Noboru Takeshita officially took office and was ordered by the Diet to form a cabinet. Noboru Takeshita finally ascended to the throne of prime minister, realizing his long-cherished wish.
But the problem is that Takeshita Noboru had been the Tibetan Prime Minister before, and he was in charge of all matters related to the Japanese economy.
Under such circumstances, this old boy's thoughts are all on reaching the top of power, so how can he care about the suffering of the people?
Moreover, because Noboru Takeshita valued interpersonal relationships the most, he believed that the quality of interpersonal relationships was directly related to the stability of the regime.
Even after he came to power, he did not focus on solving practical problems.
Instead, he pursues a set of so-called Takeshita politics in order to consolidate his power.
Internally, he used the slogan "Everyone is a friend" to strengthen his network of contacts and find ways to control the bureaucrats through his faction's backbones and alumni.
At the same time, seize the time to visit powerful people in the financial world and all walks of life.
He is like a big spider in a big spider web, he only wants to use interpersonal relationships as a medium to control the top and bottom of Japan.
Externally, he tried his best to curry favor with his American father and carried out frequent visits to the "free world" in Europe and the United States.
The first thing is to go to the United States and wag your tail to the President of the United States to show your loyalty.
Why does such a person care about the life and death of Japanese stock investors? How can he do anything practical?
Although after "Black Monday" in October 1987, major Western countries raised interest rates in response.
Bank of Japan Deputy Governor Mie Noyasu also repeatedly stressed that "Japan's economic situation is in crisis" and suggested to the Ministry of Finance that "in order to prevent inflation, legal interest rates should be increased appropriately."
But Takeshita Noboru completely ignored him and basically turned a blind eye to his responsibilities.
Faced with the stock market crash, he only "expressed concern" about the situation on the surface, but could not come up with a practical solution to the problem.
When facing the media, he even uses diplomatic rhetoric to cover up his incompetence and shirk responsibility.
"As a former Tibetan Prime Minister, I have concurrently assumed the responsibilities of Prime Minister at this time and am no longer responsible for making decisions on financial policies. This should be a matter for the next Tibetan Prime Minister."
And as the Prime Minister, after finally appointing the Tibetan Prime Minister, the only practical measure he took was to ask the Tibetan Prime Minister to summon several major Japanese securities firms, ask them to make markets, and find ways to deceive their major customers into continuing to invest in the stock market.
, relying on private power to artificially raise stock prices.
But at the same time, Japan's major securities firms are also required to continue to sell NTT stocks, brainwash the public, preach that a rebound is imminent, promote the myth of NTT, and help the government complete its predetermined money trapping plan.
Such an untimely and contradictory instruction made even several major securities firms look embarrassed.
I have to say that the Japanese people are really lucky to have such a prime minister.
In just two weeks, this plunge has led to a rapid increase in the number of people suffering from mental illness in Japanese society.
Some medical experts pointed out that "people are currently experiencing widespread anxiety, abnormal excitement, and depressive symptoms that have increased dramatically. Most of the symptoms can be attributed to the stress caused by the stock market."
Not only that, but the most serious thing is that suicide incidents are also increasing simultaneously, and the suicide rate in Japanese society has greatly increased.
The Japanese don't seem to like jumping in the air as much as Europeans and Americans, but there are many people who cut their wrists, touch switches, hang themselves, take poison, and run towards the sea.
As a result, Japan's funeral industry has prospered slightly through this wave of stock market crash, and it is one of the few industries that has benefited.
But even so, the recent news about a person who creates profits for this industry has particularly surprised the Japanese people and caused quite a stir on the social level.
If not for anything else, first of all, this person is a hotly topical figure for the first time.
It is the leader of the Burning System who has been called out by everyone in Japanese society after a bullying scandal in the entertainment industry was exposed - Ikuo Shufang.
Secondly, it’s also because this guy’s form of death is rather strange.
On November 9, 1987, 45-year-old Ikuo Shufang died naked in a high-end hotel in Nihonbashi, Chuo-ku. The cause of death was an overdose of "illegal drugs."
Especially when the incident occurred, there was a woman in the same room with him. This woman's identity was also unusual. She was the newly popular actress Yasuko Sawaguchi.
Moreover, because Yasuko Sawaguchi had left the scene before emergency personnel arrived, the police discovered this through the testimony of hotel staff.
As a major suspect, she was taken back to the police station for questioning by the police that night.
Later, the police learned not only from Yasuko Sawaguchi's mouth that Ikuo Shufang used illegal drugs to numb himself because he was depressed because of his failure in stock trading.
Moreover, we also know that Zhou Fang, Ikuo, has lost all his property and has become penniless because of his leveraged position.
Even Sawaguchi Yasuko lost all her personal savings because of his bewitchment.
In view of the fact that after Ikuo Sue developed a poisoning reaction, Yasuko Sawaguchi called the emergency call, but left the scene hastily because of fear.
Not only was her behavior responsible for the death of Zhou Fangyuxiong, but the key was that illegal drugs were also detected in her body.
So she was unlucky. Not only did she lose her money, she also had to go through legal proceedings to see how the court determined the crime attributed to her.
Why do you have to spend a few days in jail?
Needless to say, Ning Weimin probably would not have imagined that the stock market crash would have such an ultimate outcome for Zhou Fangyuxiong.
Let this leader, who was once domineering in the Japanese entertainment industry and didn't take anyone seriously, die so silently and cowardly.
This is probably the best explanation of the saying "If you don't do it, you won't die."