Chapter 1618 Debate over the richest man in the world
The "Forbes Annual Series Rankings" basically come out at a different time every year, sometimes in February or March of the following year, sometimes at the end of the year.
This year's Forbes lists were released on January 6, 2014.
There is no doubt that what everyone is most concerned about this time is whether Xiao Qi will be ranked as the world's richest man in the "Forbes World's Richest List" and how much assets can be assessed for him.
"Fu Run Rich List" has been compromised by public relations. Everyone hopes that "Forbes World Rich List" can be more fair.
When the results came out, everyone still felt a little disappointed.
It’s true that the world’s richest man is Xiao Qi. Basically, there is not much suspense about this.
However, Forbes rated Xiao Qi's assets as only 96.3 billion U.S. dollars, which is more than 30 billion U.S. dollars higher than the second-ranked Bill Gates, and more than 40 billion U.S. dollars higher than the third-ranked Mr. Buffett.
This is completely a black box operation!
Public opinion was in an uproar for a while.
Forbes, which received a huge public relations fee of 100 million U.S. dollars, had already made preparations and released it along with a clarification and evaluation of Xiao Qi.
“First of all, please note that this list is based on data collected and confirmed before December.
We know that everyone has an estimate of Mr. Xiao Qi’s wealth of about 300 billion US dollars, but we must explain that the valuation of Mr. Xiao Qi’s two major sources of wealth: DreamPad and App Store, is actually a
The very high premium valuation is not proportional to the value generated by these two brands.
For example, the DreamPad has been on sale 13 times as of the end of November. The total sales volume is 86.465 million units. Including other optional accessories and limited edition fees, the total sales are about 70 billion US dollars. But you don’t know, DreamPad
The patent fees, hardware production fees, and operating costs that need to be paid are very high. Basically accounting for about 80% of the selling price. So based on the common sense judgment of economics and its life cycle judgment, we should
The correct valuation is around US$40 billion.
Similarly, although app stores are becoming more and more popular, don't forget that what the app store can get is only 30% of the sales. Among these 30%, you also need to pay for huge website care, app store processing, etc.
Fees and profits are only 10% at best, and even due to heavy investments in cloud computing and cloud storage, they have been losing money in recent months. Therefore, the previous purchases of Apple and Samsung at a valuation of US$200 billion were not based on economic reasons.
The profit lies in the consideration of industry competition. Therefore, the correct valuation we gave it is around US$60 billion.
Of course, if Mr. Xiao Qi listed these two companies, then Mr. Xiao Qi's net worth would be at least about 230 billion. But it is a pity that, according to our understanding, Mr. Xiao Qi's two core assets are
None of them have plans to IPO. Private holding is still his first choice.
In addition, the assets owned by Mr. Xiao Qi, such as DreamStars, which is about to be put on sale in December. Because it has just been put up for sale, detailed data is not available for the time being, and it is impossible to conduct a good valuation.
Other shares of WeChat, the world's number one instant voice messaging tool, Xiaoniao.com, Mingxiang Holdings North American Laboratory, and Xiaoyao Logistics are all private companies, so we are also unable to know the details.
The amount of shares can only be roughly estimated. We are in a hurry and are limited by our ability and information. I am very sorry.
The editorial department of Forbes knows that after this valuation comes out, we will definitely encounter a lot of criticism. Just like there are 100 Hamlets in the eyes of 100 people, everyone's valuation of Xiao Qi's family property will definitely be different from what we have followed and calculated.
The results are different. But we feel that everyone’s mind should not be on debating these things, we should focus on more meaningful things.
We admire Mr. Xiao Qi, a super genius who just turned 20 this year. He is more dazzling than his predecessors such as Bill Gates, Zuckerberg, etc. What he brings to us is not a dazzling rich man.
, but the positive significance it brings to the world’s technology. When smart electronics open a window, our lives will usher in more incredible beauty.
According to what Mr. Xiao Qi told reporters, in the next five years, Fairy Company will bring many smart electronic devices, not just smartphones and tablets. We are looking forward to the performance of this talented young man, and we are also looking forward to
In our future life, we will enjoy the fun brought by technology even more."
All right.
Although this article is written in a very inspiring and humanistic way, it is just to deceive some ordinary people who don’t know the details.
At least Gang Leader Qiao took it and looked at it before throwing it aside. He sneered and said to his wife: "Do you think Xiao Qi has money and no place to spend it? The public relations fee this time is much greater!"
Li Jianxi also smiled. Xiao Qi's method was different from his. His wealth was spread among hundreds of companies directly and indirectly controlled by Samsung, making it impossible to find out how much he had. Xiao Qi just used
The simplest method is simply to deceive others, and will also be criticized by others.
Wall Street professionals also have great doubts about this.
More professional people are still criticizing Forbes, believing that they have become more and more unfair in recent years.
"I don't want to say how much Xiao Qi's DreamPad or app store is worth, nor do I want to say that you think it's difficult to estimate wealth in China. But you Forbes should at least include the true valuation of Mingxiang Holdings' North American laboratory, right?
You can't say what the valuation is? So based on the patents they hold and the price at which Xiao Qi purchased those companies, there should be a valuation of US$5 billion, right? Have you taken this money?"——
Thanshwe Lope, editor-in-chief of the Wall Street Financial Times.
"Tsk tsk, is Forbes a blind company? Have you forgotten that on December 31, Goldman Sachs, Merrill Lynch, Citigroup, Lehman Brothers and Bear Stearns had delivered $5 billion in betting bets to Xiao Qi?
The world’s largest bet by private individuals and investment banks, but you didn’t count it? Oh, I understand, you can say that the list was completed before December, so you didn’t see it?”——
"New Jersey Business Times" Deputy Editor Zel Kabu.
Of course, Xiao Qi is not a gunman without a public relations company.
"I think these people are very funny. Xiao Qi's money is not yours, why are you so angry? Xiao Qi's companies are private companies, and as long as he does not disclose the share composition, there is no way to know. Does he have any
Do you know that it occupies a majority of the shares of DreamPad and the App Store? Forbes conducted eight months of follow-up visits and came to a conclusion, which should be much fairer than just speaking with one mouth, right?" - "Celtic"
Weekly columnist Ruo? His real name is Te.
"Listening to some people's valuation of DreamPad and the App Store, I laughed! Do you still remember when YAHOO's market value was 205.5 billion, Cisco 555.4 billion, and Microsoft 624 billion? That time was really a reflection of their true value.
? Why is a company that has only been established for just two years and only has two good ideas valued so highly by you? Who is willing to spend so much money to buy it? You? I think, Forbes’ valuation
It’s already high enough! Xiao Qi’s real wealth should be around 40 billion US dollars, ranking third in the world!” - Andy Cole, editor-in-chief of the London Financial Times.
"Americans are so fond of boasting. What is the market value of Nokia? How many mobile phones does it produce and how much market share does it occupy? The tablet market occupied by DreamPad is itself a niche product. Why is it valued so much?
High? I can understand that they want to design another bubble to make us stupidly buy it? It is said that Xiao Qi only earned more than 20 billion US dollars in the past year, but he owed money to several banks in China.
With a loan of more than 150 billion US dollars, how much money does the world's richest man have left after deducting loans?" - Jean Dickigny, a famous economist on France 2.
"..."
No matter how fierce the debate is, as Forbes said, none of Xiao Qi's companies have been listed. You think the valuation is high, I think the valuation is low, so what's the problem?
Because there is no real reference at all!
This is also the biggest reason why Forbes dared to accept $100 million from Xiao Qi, otherwise they would not be able to justify it no matter how much they wanted the money.
Despite this, they still quietly gave Xiao Qi a lot of advice.
For example, you can follow the example of Gang Leader Qiao and set up a private management fund to separate many shares.
Or by setting up many offshore companies to hold the company's shares separately.
This can reduce tax risks and maintain a sense of mystery.
Not only are European and American countries quarreling non-stop, domestic newspapers, magazines, online reviews, etc. have also launched full comments. Some think it is fair, some think that it is not enough, and some even drag out the Fu Run rankings and slap them in the face.
of.
However, everyone argued over and over again, and because of the long-term authority of Forbes and Fu Run, there was no result in the debate.
As everyone knows, the young man is most depressed right now. Grandma, I have never heard of anyone paying someone to belittle themselves. This young master has set a precedent for his generation!
PS: This morning, when I opened the monthly ticket list, wow, at least 25 of the top 30 people had leaflets asking for monthly tickets. What a spectacular scene! Compared to you, I am really too shy.
, I struggled for a long time yesterday, but I was still embarrassed to ask for monthly tickets. But brothers, you can’t bully honest people. On the 1st, only two brothers gave monthly tickets. How can you bear it?