BXBX NOVEL Chapter 1083 – He sold his Microsoft shares
Chapter 1083 – He sold his Microsoft shares
Bill Gates is sitting together with his good friend, Steve Forbes. Bill Gates knew many of the companies Feng Yu invested in had listed, and he wants to know about the increase of Feng Yu’s assets.
The title, ‘World’s Wealthiest Billionaire,’ had hindered Microsoft’s development. For example, many people felt Microsoft products are overpriced and still monopolized the market. If not, how did Bill Gates get rich so fast?
But this title is beneficial to Bill Gates’s investment. For example, if he reveals that he will invest in a certain company, that company’s shares will shoot up. His name itself can push a company’s share prices up.
Of course, Bill Gates cannot be compared to Warren Buffett. Buffett is an expert in investment, and he will only invest in companies after serious consideration.
After Warren Buffett invested in some companies, he will replace the top management staff and improve its performance. The share prices and dividends will increase because of his actions.
Feng Yu’s investments are different from them. He had only invested in companies that are not listed and had never interfered with the companies’ operations. At most, he gave some suggestions, and his actions seem what a venture capitalist will do.
Venture capital investing is very risky, but all of Feng Yu’s investments did not suffer any losses!
Steve Forbes passed the latest data to Bill Gates, and Bill Gates was shocked to see the figures.
This is because Feng Yu’s asset is over 50 billion USD now!
Forbes and Bill Gates had discussed about Feng Yu’s assets before, and they concluded Feng Yu’s asset will not exceed 45 billion this year. The reason is because Feng Yu had invested in many traditional industries, like retail, food manufacturing, etc.
Also, there must be a reason why Feng Yu’s companies are not getting listed. Although they don’t know what the reason was, they guess it must be the company’s finances.
Both Forbes and Bill Gates felt Feng Yu’s highest income this year is from Microsoft’s shares. That’s why they did not expect Feng Yu’s assets to be anywhere close to 50 billion USD, let alone exceed it!
But after Lenovo got listed, Feng Yu’s companies started to get listed one after another. During the IPO launch, Feng Yu had not appeared on stage.
Feng Yu was not even the Chairmen of these companies, but Steve Forbes had found out that Feng Yu owns a large proportion of these companies’ shares and has the final say in them.
The shares of these companies shot up after they got listed, and Forbes knew a secret. Lenovo Group had almost become one of the constituent stocks. But for some unknown reason, this was not mentioned again.
It’s an achievement for a company to almost become a constituent stock immediately after it got listed. Many investors felt Lenovo Group is a blue-chip company and is worth holding on to their shares.
Many big companies in the US cannot get this honor!
“Steve, is this set of data accurate?” Bill Gates asked.
“What’s wrong? Did you think I had overvalued his assets” Forbes asked him.
“No, I think you had undervalued his assets!” Bill Gates replied slowly.
Bill Gates suddenly realized that he had underestimated Feng Yu all this while. This young man had always been very mysterious.
Feng Yu does not have strong backgrounds, but he managed to build up a business empire from scratch. He had never made any wrong moves, and it’s unbelievable.
How can anyone not make any mistake? Even Microsoft had suffered some setbacks with failed products. But Feng Yu’s companies can make money regardless of what they make.
Many of these companies are not related. The only common similarity of these companies is they are invested by Feng Yu.
Bill Gates will never believe that Feng Yu had not interfered in these companies’ operations. These companies’ success must have something to do with Feng Yu.
These companies’ value had increased after they got listed. This means Feng Yu’s other companies that are not listed should be undervalued.
Forbes looks at Bill Gates. “Did you feel threatened? My valuation of Feng Yu’s assets is conservative. If not, I think Feng’s assets will exceed 60 billion this year. If his Wind and Rain Electronics, etc. got listed this year, he can easily exceed 70 billion USD!!”
Bill Gates is starting to get worried. Microsoft’s value is very high, and there will not be any sudden increase in the future. That means, if he is going to depend on Microsoft’s shares, his assets will not increase by a lot suddenly.
But Feng Yu is different. He has lots of companies, and his assets had increased by a lot after a few of his companies got listed. What if all of his companies got listed?
Feng Yu’s assets will catch up with Bill Gates and might even overtake him.
At first, Bill Gates thought he can be friends with Feng Yu. Even if their relationship cannot be like Bill Gates and Warren Buffett, they can be like Bill Gates and Steve Jobs.
But Bill Gates had fallen out with Feng Yu. Although they still have some business cooperation, they can no longer be friends.
“Do you know about the growth of Wind and Rain Consulting Firm’s assets?”
“I am not sure. That is not a listed company, and I can only find out that this company had acquired Microsoft’s shares. Also, they have an increase in clients’ investments this year. Their assets should have increased by a lot.”
Companies that are not listed do not need to disclose their finances, and it is almost impossible to find out the actual company’s value accurately.
This is also why <Forbes> used the word “Estimated” in Feng Yu’s net worth. This is because Feng Yu’s has too many assets that cannot be evaluated.
Bill Gates sighed. Don’t overthink it. At least Feng Yu is still Microsoft’s shareholder.
Suddenly, Bill Gates’s and Steve Forbes’s phones rang. They answered and got the news at the same time. “Feng Yu had sold his Microsoft shares!”