In 1991, when Zeng Lingfeng plundered the territory of the former Soviet Union and dug three feet into the ground, he did not give up his development in the United States.

In this era, the United States is undoubtedly the most profitable in computers and the Internet. And this trend will continue until the bursting of the Internet economic bubble in 2000.

Therefore, during this period, Zeng Lingfeng invested heavily in these two companies and seized many stocks of large companies later. Among them, in 1991, he bought Cisco, 40% of Dell's shares, and 30% of Microsoft's shares involved a large amount. In addition, there were many equity shares of other similar companies, and the total investment was more than 30 billion US dollars.

Although the investment is large, the returns are even greater. These stocks will appreciate more than ten times in the next few years, bringing Zeng Lingfeng a profit of hundreds of billions of dollars.

Zeng Lingfeng's several large investments in the United States attracted the attention of many people and made Hanyu Mimo Investment Bank recognized by the giants in the United States. However, Zeng Lingfeng has always kept a low profile and has basically never shown up. Although the outside world has many speculations about him, only a very small number of people who really know his existence.

One day in December 1991, Zeng Lingfeng welcomed a special guest at his residence in Jersey City, USA.

That afternoon, Kelly, the housekeeper who had just been hired, came to Zeng Lingfeng's study and said to Zeng Lingfeng: "Mr. Zeng, there is a guest who wants to meet you. Do you have time?"

Zeng Lingfeng was reading the book happily, but was suddenly interrupted, and was filled with anger. He said angrily: "No, no see!"

Kelly did not leave immediately, but said, "Sir, as your full-time butler, Kelly suggests that you still meet this guest!"

Zeng Lingfeng was confused and didn't understand why Kelly said that.

Kelly continued, "Because, this guest is called Samuel Robson Walton."

Zeng Lingfeng was shocked and asked, "Kelly, who do you think it is?"

Kelly confirmed again: "Samuel Robson Walton!"

Zeng Lingfeng jumped and stood up from the seat. Indeed, he should have met this person.

Samuel Robson Walton is the eldest son of Walmart founder Sam Walton. Although he is not as legendary as his father, he is also a respectable person.

He graduated from the University of Arkansas in 1966 with a bachelor's degree in business administration. In 1969, he received his master's degree from Columbia University's School of Law.

As the eldest of the four Walton children, Robson obtained a driver's license as soon as he became an adult, and then delivered goods to various retail outlets at night, greatly saving his father's transportation costs. At that time, all the four children began to work for his father.

Unlike children of the same age, adults don’t give them pocket money, but they can earn it themselves. They kneel on the store floor, tinker with leaky roofs, and help unload trucks at night. The father paid them as much as the workers. Samuel Robson Walton now recalls that his father asked them to turn part of their income into shares in the store. After the store career flourished, the children’s meager investment became a considerable primary capital. By the time he graduated from college, Robson was able to buy a house with his own money and equip the house with luxurious furniture.

In Zeng Lingfeng's memory, in April 1992, Robson, who was already experienced, became the chairman of Walmart, injecting fresh blood into Walmart's development.

According to the U.S. service industry classification rankings released by Fortune magazine in May 1994, Walmart's sales in 1993 reached US$67.34 billion, an increase of more than US$11.8 billion over the previous year, surpassing the first-ranked Sears Department Store in 1992 and ranking first in the retail industry in the United States.

In 1995, Walmart's sales continued to grow and set a world record in the retail industry, achieving annual sales of US$93.6 billion, ranking fourth in Fortune magazine's 1995 largest companies in the United States. In 2001, Walmart jumped to second place in the Fortune 500 ranking. In fact, Walmart's annual sales are equivalent to the total of all department stores in the United States.

In addition to adhering to his father's established business philosophy, Robson also paid great attention to relying on information technology to develop Walmart. The famous Walmart database is the world's largest civilian database. With this information system, Walmart established close contact with suppliers. From placing orders on computers to putting goods on shelves, Walmart stores were 3 days faster than competitors on average, saving 2.5% of costs. Between 1996 and 1999, Walmart's sales increased by 78%, while inventory only increased by 24%. Now, Walmart is not satisfied with the sales of 4,000 stores, and has pulled the front line to the Internet, and further expanded its territory to all corners of the world through e-commerce.

Robson, who has become a world-renowned wealthy man, has never forgotten his father's teachings. Like his father, Robson is a very frugal person. He lives in seclusion and drives an old-fashioned trailer. A barber said: "I have cut Walton 85 times, and he has never given me a cent more."

On Walmart, there is no photo of Robson. The rich man did not accept interviews with reporters and his press secretary refused to answer questions about Walton's private life.

The Sunday Times consulted Walmart headquarters in 2001 about three questions about Robson’s private life: where is Robson currently living; does he travel frequently; does he have a yacht? Not only did the newspaper not get any answers, but was reminded by a Walmart spokesperson: It is better to ask some business-related questions.

Zeng Lingfeng still had some respect for such a legendary figure.

Zeng Lingfeng came to the reception room, where Robson was sitting quietly waiting for him.

After saying hello, Zeng Lingfeng asked, "Mr. Walton, I don't know what I need to ask you to come to see me in person?"

Robson said: "Mr. Zeng is a straightforward person, so I don't beat around the bush, just say it straight."

It turned out that Old Walton's health is getting worse day by day, and he has basically handed over all the company's affairs to Robson.

Because of the rapid expansion of Walmart Group over the years, funds have been tightened. As the new leader, Robson is very worried about this situation, but he does not want to raise funds in the market. Under this circumstance, Zeng Lingfeng's previous major investments attracted the attention of the Walmart family, so Robson arrived.

Zeng Lingfeng naturally has one million and two million willing to raise funds for companies like Walmart that will be extremely successful in the future. You must know that in twenty years, Walmart will be a huge business empire with assets of hundreds of billions of dollars. Now, investment will be rising in more than ten years.

Zeng Lingfeng has been seeking opportunities to raise funds for Walmart. Now that the opportunity comes to him, how can Zeng Lingfeng refuse?

Zeng Lingfeng said: "Mr. Walton, there is no problem with financing. As an investor, I am naturally very willing to raise funds for companies like Walmart that have good development conditions and a bright future. Moreover, my requirements are absolutely superior, and you can never find any lower requirements than this. But I don't know how much funds you need? You must know that after investing for a while, I don't have much left now."

Robson asked, "How much money can Mr. Zeng take out?"

I said, "I can put out a maximum of $10 billion in funds, which is my best effort. If there are more, I can't do anything about it."

Robson said excitedly: "$10 billion? It's enough, it's enough!"

Zeng Lingfeng looked at the excited Robson and said, "Okay, let's discuss my financing conditions now!"

Then Robson remembered that he had not yet negotiated financing conditions with the other party. Why was he happy here?

Robson forced himself to calm down from his excitement and said, "Mr. Zeng, please say!"

Zeng Lingfeng thought for a while and said, "Let me talk about it first. You also know that due to my limited conditions, no matter what, I don't want to participate in the management of the company."

Robson was delighted. This condition was really good. As the head of Walmart, he naturally did not want others to get involved in management. Now people have taken the initiative to propose that they should still be considered as financing conditions. Will there be better conditions than this? You must know that once Zeng Lingfeng raises Walmart, the shares he owns will definitely be the largest shareholder in Walmart, except for their Walton family. Now Zeng Lingfeng has made it clear that he does not participate in the company's daily management, so their family will definitely have an absolute advantage among all shareholders.

Zeng Lingfeng continued: "Now talk about the shares I own! My idea is that I raise $10 billion, accounting for 40% of Walmart's shares."

Robson was shocked. The share was really high. He thought about it. This condition was much better than other investors. The financing conditions of other American consortiums were many times more harsh than Zeng Lingfeng's. They knew that Walmart is eager to raise funds now, and they all spoke out loudly. Not only was the amount of financing not less than Zeng Lingfeng's, but the shares wanted no less than Zeng Lingfeng's, but they also had to participate in daily management and divide the management rights of their Walton family. Zeng Lingfeng's conditions are the best among all investors.

If Zeng Lingfeng succeeds in financing, then the Walton family's right to speak at Walmart in the future will be unchallenged. He said: "Mr. Zeng, I cannot answer you about your condition. This condition must be approved by the board of directors."

Zeng Lingfeng smiled and said, "Mr. Walton, this is what I should do, and I can understand. Such a thing is a big deal for any company, so naturally we cannot draw conclusions rashly. But I believe that your company's board of directors will agree to such financing conditions. I believe that the conditions I offer are superior enough."

Robson said: "It is true that as Mr. Zeng said, your conditions are very good. However, Mr. Zeng raised too much and the proportion is very high. I cannot give you an answer for such a thing immediately, and it must be discussed by the board of directors."

Zeng Lingfeng smiled and said, "Mr. Walton, I will leave you enough time to get the consent of your company's board of directors."
Chapter completed!