While various Asian economies are in turmoil, the world is still full of prosperity.

The second day after the Korean people boycotted the IMF, on October 19, Daenerys Entertainment Group officially released its full-year financial report for the 1997 fiscal year.

In the past four quarters as of September 30, 1997, Daenerys Entertainment Group's revenue volume has reached another level, reaching US$41.9 billion, an increase of 16.3% year-on-year, becoming the first and only large industry giant among the world's related companies that purely operate media and entertainment business with revenue volume of US$40 billion.

On the other hand, it is undeniable that this is the first time that Daenerys Entertainment Group's annual revenue growth rate has been below 30% since its establishment. Just last year, the relevant revenue growth reached 31%, but this is also expected by the industry.

After Daenerys Entertainment's revenue exceeded the top 10 billion US dollars in the world, it has been able to continue to grow rapidly in the past few years, mainly due to the fact that the film and television industry itself still has enough room for expansion and the acquisition of MCA and other companies by Daenerys Entertainment Group.

When the expansion of the core film and television business hits the industry ceiling, the gains brought by mergers and acquisitions are gradually digested, and it is inevitable that the growth slowdown will be slowed down.

Even so, Daenerys Entertainment's annual growth of 16.3% in fiscal 1997 generally exceeded the industry's growth expectations of about 15%, not to mention that it became the first industry giant to have revenue exceeding US$40 billion.

With the new breakthrough in revenue, even though the net profit margin in fiscal 1997 fell slightly from 14.6% to 14.1% compared with the previous fiscal year, Daenerys Entertainment's annual net profit still reached US$5.73 billion.

While the annual net profit of US$5.73 billion has allowed Daenerys Entertainment to rank among the top 10 companies in the world, its revenue of US$41.9 billion has also allowed Daenerys Entertainment to further enter the top 15 from the top 20 last year.

October 20.

As the new week begins, Forbes also joins in the fun. The latest weekly issue officially released the 1997 US 400 Rich List.

To be honest, the Forbes list in recent years, both in the United States and in the world, makes people feel more or less "boosted" because there is only one highlight left.

Simon Westeros.

There is no suspense this time.

Forbes Group still listed Simon separately and made a special topic.

Compared with Simon's net worth of $2.3 trillion before the bursting of the new technology bubble at the beginning of the year, and even $1.5 trillion in 1996, in 1997, in the context of the turbulent Asian financial storm, and in the context of the continuous decline of the Nasdaq collapse for half a year, Simon Westero's personal net worth was finally rated as $1.3 trillion by Forbes magazine.

Regardless of the 2.3 trillion yuan peak at the bubble, even in the context of the new technology stock market crash, Simon's personal net worth only 14% shrank compared with the $1.5 trillion yuan of the official list last year.

The reason for this is only one sentence to describe it: a lean camel is bigger than a horse.

What's more, it's far from reaching the level of leanness.

Because even though the new technology bubble burst has lasted for half a year, in fact, the ones that have suffered the most are those small and medium-sized enterprises that are still obsessed with burning money and have not formed their own complete revenue model in the early stages of their businesses.

Just talk about Igret.

Even if the Nasdaq collapse has caused a tragedy in the Internet industry, people who are a little calmer can find that the arrival of the information age has become an inevitable trend. Igret, which almost monopolizes the Internet traffic interface, has withdrawn after this stock market crash, and the monopoly will only be stronger and the industry oligopoly advantages will be more obvious.

This is potential.

In terms of real revenue, even if the industry's temporary recession caused a significant reduction in advertising revenue in 1997, thanks to the expansion of the Internet industry itself worldwide, Egret's annual revenue in 1997 will remain above US$30 billion. According to the financial reports for the first three quarters that have been released, it is expected that the whole year will even see a slight increase compared with US$33.9 billion last year.

Whether it is the entire industry or specific companies, the solid improvement in fundamentals has caused Igrit to fall from its original peak of US$923.3 billion in market value, but its current market value remains above US$400 billion.

By the same token, during this period, in addition to Igrit's market value exceeding US$400 billion, there are also three companies, Daenerys Entertainment, Cisco and Tincobaier, with market value exceeding US$300 billion. In addition, American Online, Nokia, Verizon, and even Microsoft, Intel, which have a heavy holding, the market value has also remained at a scale of more than 200 billion or even more than 100 billion.

In addition, a series of large and small companies of 10 billion US dollars, including Melisandra, Cersei Capital, Oracle, Instagram, etc., finally put Simon's personal net worth still maintains a high of 1.3 trillion US dollars.

Moreover, those who know the inside story understand that there are only a few or fewer numbers.

You should know that the free cash reserved by the Westeros system is rumored to be between 50 billion and 100 billion US dollars, not to mention that Simon Westeros is hidden under the water and the value of various assets around the world is incalculable. It is hard to say that one day, several giant companies with hundreds of billions of dollars that belong to the Westeros system suddenly emerge.

Stimulated by the Forbes US 400 Rich List, Daenerys' financial report in fiscal year 1997 and even the "Ghost Record" which is still popular, on October 20, Westeros' concept stocks in the US stock market rose across the board, and led to a rebound of more than 5% today after three consecutive days of sharp drops last week.

Among them, the intraday increase of Igrit Company reached a maximum of 11%, and its market value once again reached a peak of US$500 billion. Even if it fell back, its closing market value still climbed from US$451.5 billion at the opening of the day to a high of US$477.3 billion, and its stock price rose by 5.7% in a single day.

Daenerys Entertainment, which fell from US$500 billion to US$300 billion at the beginning of the year, also rose by 6.2% in a single day, and its market value soared from US$321.4 billion at the opening of the day to US$341.3 billion.

With its high market value, the two companies still dominate the market.

Washington.

On a bustling day in the capital market, the Simon people were in the federal capital.

He came here yesterday afternoon. All day long, Simon traveled to various departments of the federal government, participating in various conferences from Asian economic situation response strategies to site selection of ITER Tokamak equipment to negotiating with NASA to launch the development of a new generation of space shuttles again.

There is actually only one core theme, spending money.

In addition to a small number of people who are planning to expand the Westeros system in the next step, this time, Simon's three goals are mainly: to promote human civilization to the next stage, break through life limitations, break through time limitations, and break through energy limitations.

I had these ideas a few years ago, but it was impossible to make too big a deal. In fact, I still had no money.

Now, as the foundation of the Westeros system is further consolidated, a large number of its subsidiaries are expected to generate huge profits continuously. Simon must find a way out for the increasing amount of cash in his hands, otherwise, accumulating too much will be a problem.

How to spend money?

Of course, there is no problem in doing charity.

Simon has been doing it.

However, after thinking over the years, Simon also understood that charity cannot solve any fundamental problems related to the future of mankind. Even the Western charity system has become a means for the rich to pass on their disguised inheritance of property.

Since that's the case, do some serious things that are more interesting.

Moreover, considering that in the next few years, a series of core companies in the Westeros system may contribute to the Westeros family by a series of core companies every year, the net profit scale of the Westeros family may reach 100 billion US dollars, and these serious projects must be large enough. Therefore, only Simon's three goals can digest these funds, which is still under the premise of working hard to spend money.

Just like the space shuttle, according to NASA data, a $3 billion is really too expensive to many people, but it is acceptable to have a 10-fold increase in price here. After all, making $10 billion in the next year is enough to build three. Therefore, at today's meeting, Simon's expectation for the design of the next generation of space shuttles is to take off directly from land and then head straight to Mars.

This may only be considered a vision for a long time in the future, but the road is coming out step by step.

Of course, Simon is willing to spend money, but it does not mean that the Westeros family's funds are so easy to obtain. Next, the Westeros family's regulatory review of relevant funds will only become more and more stringent, ensuring that all the money is used wherever it is to be used, rather than being fed by others.

In the evening, Simon and Janet, who were acting together, left NASA headquarters and rushed to the White House together.

In the evening, the Clintons arranged a small cocktail party specially arranged to entertain Simon and his wife. Vice President Gore and many powerful figures in Washington attended.

The Clintons obviously made preparations in advance, and the theme of the cocktail party was to explore the next stage of human civilization.

"Simon, don't you think that if the next stage of human civilization really comes, there will be serious ethical problems?"

Inside the White House banquet hall.

Several core members of the reception gathered together, and Vice President Gore's wife Patty Gore asked.

Simon held Janet's waist beside him and smiled and said, "I understand what you mean, Patty, in the future, some people may be able to live 1,000 years old, and some people still live less than 100 years old. Moreover, after a long dormant interstellar journey, the still young travelers are connected to the earth. Their physiological age may be comparable to those of his descendants who have been on earth for several generations. These seem to be a big problem. However, if we go forward for a thousand years, people at that time knew that the current head of state could only be at most eight years. Not only did this society have no slaves, but everyone still has the right to vote, they would definitely find it incredible, right?"

Patty Gore obviously didn't react, but the others were laughing out loud.

After laughing, Al Gore explained to his wife: "Simon means that human ethics and social systems are constantly improving and evolving. Dear, we should leave the future to the people, and we are only responsible for the present."

Everyone chatted and chatted a few more times. Simon and his wife left to socialize with other guests. This was until the end of the party was approaching. A White House staff member came over and whispered to invite him. Simon followed the other party to a small reception room in the White House.

Clinton is already waiting here.

"Simon, you did the things in Korea, right?"

Simon did not deny it, sat down on the sofa with Clinton, nodded, "I said that it would make Koreans go back on their own."
Chapter completed!