Reborn in 2014: A One-Man Tycoon
Chapter 337 Meng Chuan's Wealth
Meng Chuan truly never expected that the Sun family could amass so much wealth simply by mingling in the underworld.
It turns out that the real ways to make money are all written in the criminal law.
Especially in the 1970s and 80s, in that chaotic and lax era, the Sun family made their fortune through gambling, prostitution, and drugs.
Afterwards, they used various despicable means such as coercion and enticement to seize countless rival companies.
They quickly accumulated a large amount of wealth.
In the early 21st century, the Sun family began to transform.
On the surface, the Sun family only controls the entertainment industry in Shanghai, with a market value of over 100 billion yuan.
In fact, the Sun family directly or indirectly controls countless industries.
Many are even in a state of complete monopoly.
Relying on these factors, the Sun family has grown wildly over the decades, becoming a behemoth.
Much of the wealth that could not be made public was transferred overseas by the Sun family.
"There's no need to touch the Sun family's overseas assets for now; they'll transfer them back on their own."
Meng Chuan pondered for a moment before speaking.
If Yingdie were to take over the Sun family's overseas assets now, it would be a cause for celebration.
However, if even overseas assets are lost, the Sun family will be almost completely paralyzed.
If the Sun family completely shuts down, Meng Chuan's plan to plant time bombs for foreign capital will also fail.
Because the Sun family has no value to be exploited, they will not attract the attention of foreign capital.
In order to maintain its own operations, the old master of the Sun family would inevitably smuggle his overseas assets back to China.
Once the Sun family's wealth returns, it will eventually belong to Meng Chuan.
Don't rush.
"By the way, how much capital does Mengchuan Capital have available right now?"
Meng Chuan asked.
To be honest, all Meng Chuan knows right now is that he is very rich; the Sun family alone has contributed more than 300 billion to him.
However, Meng Chuan really had no idea how much wealth he currently possessed.
Meng Chuan once watched an interview with Ma Yun.
In an interview, Ma Yun once said that she still doesn't know how many shares she owns or how much wealth she actually has.
Meng Chuan initially thought he was just habitually bragging.
Only now does Meng Chuan realize that once wealth exceeds a certain level...
I genuinely have no idea how rich I really am.
"Currently, we have over 4000 billion yuan in funds available for use domestically. The value of the stocks we hold in the stock market also exceeds 1500 billion yuan."
"The market value of our shares in six companies, namely Pinduoduo, Douyin, Hongda, Mengpo, Liu's Group, and Shang'an Real Estate, is around 8000 billion yuan."
"There are £200 billion in funds that have not yet been repatriated from overseas, and the shares of Dream Shadow Telecom that we hold are worth £300 billion."
"The combined market capitalization of Rocket Company and Tesla is $220 billion."
Yingdie recounted the details with great familiarity.
All of Meng Chuan's assets are in Ying Die's hands.
Yingdie is no longer just Meng Chuan's bodyguard; she's more like a housekeeper now.
Meng Chuan listened to Ying Die's report and felt a sense of shock.
Before I knew it, I had become so wealthy.
The fact that the shares were worth 8000 billion yuan shocked Meng Chuan.
However, upon closer examination, Pinduoduo's current market value has reached 2500 billion yuan, and Douyin's market value has exceeded 3000 billion yuan after it launched an overseas version.
The combined market capitalization of these two companies is 5500 billion.
Shang'an Real Estate's market value is also in the hundreds of billions, and even Liu's Group's current market value has exceeded 800 billion.
After all, the Shen family gave tens of billions to the Liu Group for free.
With the recent bull market, the Liu Group's market value is rising every day.
Even the fledgling medical supplies manufacturing plant is now worth 500 billion.
After all, the investment in land and factory buildings alone amounted to tens of billions, so a market value of 500 billion is normal.
The Meng Po Guild has the lowest market value, at only around 20 billion.
This is probably the worst performing company among all of Mengchuan Holdings' subsidiaries.
The only organization that readily gives Meng Chuan dividends is Meng Po Guild.
Regardless of the circumstances, Meng Chuan's total wealth now exceeds 1.6 trillion yuan.
This was something that Meng Chuan could never have imagined in the past.
However, after the initial shock, Meng Chuan still felt uncertain.
In response to the upcoming stock market crash, the central bank mobilized 12 trillion yuan to rescue the market and introduced a series of combined policies.
They barely managed to break even with foreign capital.
Meng Chuan's 1.6 trillion yuan fortune is nothing compared to this.
Moreover, 1.6 trillion is just a number; Meng Chuan's actual cash on hand is probably less than 8000 billion.
For example, Douyin and Pinduoduo have a combined market capitalization of 5500 billion yuan, but that's not readily available capital.
To compete with foreign capital, cash is king.
"It seems we still need to take advantage of this bull market and invest the 4000 billion yuan of usable cash to make another profit."
Meng Chuan was making plans in his mind.
Meng Chuan now owns a lot of high-performing stocks in the stock market.
With a market value of 1500 billion, if 4000 billion is invested, it should be able to make another big profit.
"Yingdie, we need to expedite the return of our overseas assets. Also, let's not go back to school; let's go back to Mar-a-Lago!"
Meng Chuan suddenly spoke to Ying Die.
If you want to make a big profit in the stock market, you must plan carefully before you act.
The financial information center established at Mar-a-Lago has only been in operation for a short time.
However, Meng Chuan must combine the analysis results of these experts with his stock trading.
After all, this is an investment of over 4000 billion yuan, so we can't be careless.
"it is good."
Yingdie nodded.
An hour later, Meng Chuan had just arrived at Mar-a-Lago when he suddenly received a call from Alice:
"Meng Chuan, where are you? Big news! The US has responded!"
Meng Chuan was completely confused:
"What response?"
"In response to OPEC members' strategy of increasing production and lowering prices, the United States announced a reduction in shale oil production, with the aim of reducing capacity to support oil prices."
Alice exclaimed excitedly:
"In addition, there are a series of policies such as relaxing crude oil export policies and adjusting strategic petroleum reserves."
"Meng Chuan, you're amazing! You've once again accurately predicted the international trend of crude oil. Now oil prices are stabilizing and even showing a slight rebound."
Alice's tone was full of admiration for Meng Chuan.
When crude oil prices surged, Meng Chuan predicted that someone would definitely try to sabotage the United States, causing crude oil prices to fall.
Alice didn't believe it at the time, but it turned out that Meng Chuan was right.
Meng Chuan then predicted that the United States would certainly not be willing to be led by the nose by OPEC member countries.
As expected, the United States made policy adjustments to forcefully stabilize oil prices and defend the dollar's dominant position in the international arena.
If Meng Chuan's prediction was just a single accurate one, then perhaps it wouldn't be a big deal.
But Meng Chuan made accurate predictions every time, so how could Alice not admire him?
"In that case, it's time for us to get on the field."
Meng Chuan said with satisfaction.
This round of crude oil trading should be Meng Chuan's last opportunity.
After that, if Meng Chuan wanted to make any further progress in the stock market, he would have to wait until a real stock market crash occurred.
"Can we go in now? Then come back quickly, I'll be waiting for you in your dorm."
Alice exclaimed excitedly.
She can finally realize her long-cherished dream of becoming Meng Chuan's female trader.
"Come to Mar-a-Lago! I'll be staying here for a while, and I'll be waiting for you."
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