$35 billion!

This is the personal net worth of Simon Westeros in 1991 given by Forbes magazine.

Careful people can easily find that compared with the US$21 billion last year, the US$14 billion in wealth appreciation is exactly equivalent to Simon's previous acquisition price of US$14 billion for the two companies, MCA and Bell Atlantic.

However, the explanation given by Forbes magazine is not the case.

The $14 billion wealth appreciation is mainly due to the growth of stock prices of companies such as Microsoft, Intel, Oracle, and SUN, which are owned by Westeros, as well as the personal wealth brought to Simon by the two companies, American Online and Cisco, which have just been listed in recent months.

Among them, only American Online, which holds 65.4% of the shares after the IPO, and Cisco, which holds 50.1% of the shares, contributed a full $10.3 billion in wealth to Simon according to the market value of the two companies during the Forbes statistical cycle.

Due to the hot sales of Windows 3.0 system, Microsoft's stock price has doubled in the past year.

Westeros' stake in Microsoft has also increased from around 10% last year to 21.3%. Based on Forbes' statistics on Microsoft's market value of $12.5 billion, this part of the stock once again contributed $2.6 billion in wealth to Simon.

Westeros' shareholding in Intel also increased to 15.6%. Forbes counts Intel's market value as US$10.5 billion, and this part of the stock contributed $1.6 billion to Simon.

In summary, Westeros holds stocks in four companies, including AOL, Cisco, Microsoft and Intel, with a total value of $14.6 billion. Other technology companies such as Oracle, SUN, and Silicon Graphics, the total book market value of Westeros holds more than $2 billion.

Of course, these stock wealth actually have to be subtracted from the original basis of last year, which is the increase in value in the past year.

As for the MCA and Bell Atlantic, which have been acquired by Simon, it is basically used to offset the debts of the entire Westeros system.

Anyone with discerning eyes can see that with the Gulf War at the beginning of this year as the dividing point, the US stock market showed a very obvious bottoming rebound. Simon's purchase of two companies, MCA and Bell Atlantic, can be said to be a very exquisite bottoming.

Even if the two companies are now delisted, the value of MCA and Bell Atlantic itself is definitely not as high as $14 billion at the beginning of the year.

What's more, according to Forbes' calculations, the Westeros system's corporate growth statistics in other aspects of fashion, technology, etc. appear very vague.

Finally, there is Cersei Capital, which is difficult to get around. According to some industry rumors, Cersei Capital also made billions of dollars in profits through operations such as oil futures and stock index futures before and after the Gulf War.

Although Simon Westeros himself has only one-third of the share of Cersei Fund Management, a hedge fund under Cersei Capital, it is still a very objective wealth.

In addition, the most critical Daenerys entertainment.

Forbes magazine valued Daenerys Entertainment at $8 billion last year. This year, with the merger of Daenerys Entertainment and MCA, the company's net assets are no less than $15 billion. Although last year's acquisition increased billions of dollars in debt, Daenerys Entertainment is obviously different from Time Warner, which is deeply trapped in the quagmire.

No matter how conservatively estimated, Daenerys Entertainment's market value will not be lower than the company's net asset figure.

In short, unlike previous years' controversy, when Forbes released the new year's 400 richest people list, mainstream media in North America and overseas generally believed that this time, Simon Westeros' personal wealth was obviously underestimated.

Some even doubt whether Simon Westeros has reached certain agreements with Forbes Group in order to make his personal wealth seem less 'glorious'.

Many Western rich people actually like to keep a low profile, but in terms of personal wealth, everyone is relatively calm and believes that wealth represents a kind of glory.

Normally, no one can communicate with the media to reduce their wealth estimates.

But it's just under normal circumstances.

Simon Westeros can't be considered a normal guy by himself.

In the face of media doubts, Forbes magazine expressed its firm denial and stated that this wealth statistics may have been controversial because Simon Westeros’ personal asset portfolio is too complex, but overall it is relatively accurate.

The Forbes list has been operating for so long, and its credibility is still sufficient. Other media such as Fortune magazine have also released similar statistics, but none of them pose any threat to the Forbes list.

Therefore, even if there is controversy, since the numbers have been released, Forbes will definitely not modify them, and the media and the public will only use this number as a reference.

Perhaps even many years later, someone will review Forbes' previous lists and check the data in 1991, and you will only see Simon Westeros' personal wealth of $35 billion. He must have forgotten the controversy that year.

After Simon's top spot without any suspense, the subsequent ranking of this year's ranking also changed a lot.

John Kruger, who is also a tycoon in the media industry, still held the second place on the list, with a personal wealth of $5.9 billion, basically the same as last year.

Bill Gates ranks second on this year's list, with a personal wealth of $5 billion.

Forbes magazine made a comment on this. After transferring 5% of Microsoft shares to Westeros last year, a classmate who received a huge amount of cash bought a luxury house in New York and San Francisco and added a Gulfstream private jet. He finally had the style of a super rich man.

However, the Forbes commentator said that the stocks sold by Daemun last year had increased by $300 million in just one year.

In other words, the students from Damen actually lost $300 million.

If Microsoft's stock price continues to grow, the 5% loss may be even more in the future. The same is true for Paul Garen, who also transferred 5% of Microsoft's shares.

Following Bill Gates, the fourth to eighth place, all five positions were occupied by the Walton family, whose wealth had been divided evenly. Sam Walton and his four children had a wealth of $4.4 billion.

Two years ago, media said that the real richest man in the United States should actually be the Walton family. However, starting this year, the media has no longer had similar arguments. The total wealth of the five members of the Walton family is only $22 billion, which is 13 billion less than Simon.

Warren Buffett, chairman of Berkshire Hathaway, ranked ninth with a personal wealth of $4.2 billion this year.

Pittsburgh's steel tycoon Henry Hillman ranked tenth, but his personal wealth dropped directly to $3.3 billion.

It is not difficult to find out from this list that in addition to Simon and Gates, most of the top ten Forbes rich lists are traditional rich people known for their stable industry. Even John Kruger has gained his current wealth through years of accumulation.

Affected by the economic downturn and the continued debt crisis in recent years, Sam Redstone and Ron Perelman, who appeared on the list in the past few years, have all fallen out of the top ten positions on the list.

However, on the other hand, the total wealth of the 400 top American rich people is still showing a growth trend.

Among the 400 rich people, the total wealth this year is US$317.3 billion.

It is not difficult to see another point in this way. The total wealth of 400 top rich people is US$317.3 billion, of which Simon alone accounts for US$35 billion, accounting for 11%.

Compared with other rich people on the list, Simon's personal wealth, both in terms of asset amount and appreciation rate, clearly shows a stellar attitude.

Because Simon's personal wealth is mainly concentrated in media and technology, with the release of this list, the media and technology sectors of the US stock market have seen a wave of rise.

In the past few years, many investors have been eager to invest their capital in Hollywood because of Simon's success in Hollywood.

The structure of several major Hollywood studios has changed because of Simon alone.

However, Hollywood's threshold is not something that everyone can easily enter.

This is proven by the emergence and bankruptcy of a large number of Hollywood second- and third-tier film companies in the 1980s.

However.

The threshold for the field of science and technology, especially the emerging Internet industry, is obviously no longer that high.

Just a few days after the Forbes list was released, the White House also responded to the Information Highway Act, which was secretly promoted by the Westeros system. A White House spokesperson said at a regular press conference that the president had seen the relevant bills and held a special meeting to discuss the feasibility of the bill with cabinet members.

Although the White House does not have legislative power, the president can sign executive orders that also have legal effect.

Moreover, if we can get assistance from the White House, especially the White House owners who have deep heritage in Congress, such as the Bush family, many bills will be more smoothly passed the congressional deliberation.

However, the media also understands that the White House cannot help the Democrats promote an important bill involving the output value of hundreds of billions of dollars of industrial output. If Bush and his team behind him are optimistic about the prospects of the Internet industry, they are more likely to launch similar bills drafted in person.

George Bush has been attacked too many people who don’t care about internal affairs, and in fact, it also needs to push for the outbreak of bills closely related to the domestic economy.

In any case, the White House responded to the Information Highway Act, which is a very positive signal.

The Westeros system's investment trajectory in the new technology field is also simple and clear. Therefore, for a short period of time, countless capitals began to target the Internet industry.

Simon was far away in Italy when the Forbes list was released this year.

However, North America still has not stopped due to the announcement of its wealth list.

In recent years, many media have been amazed at Simon's emergence and have never lacked news about criticizing and questioning this young man.

However, just like the faint waves caused by Matthew Broderick and others before, Simon actually didn't know the criticism of him at all, and he was too lazy to pay attention to it.

With the release of the new year's list, corresponding criticism and doubt have become more and more common.

The most criticized question should be about how Simon Westeros should spend such a huge amount of wealth.

In recent years, the Simon & Janet Westeros Foundation has been very active. However, because Simon's personal wealth is too huge, some media believe that Simon's investment in charity is still too low, and as usual there are comments that Simon's tens of billions of dollars in personal wealth should belong to the entire society.

Many wealthy people have humbly stated in the media that they are just a "wealth custodian".

Perhaps because of the excessive statements of similar views, some people believed it, and therefore began to call on Simon Westeros to return the wealth of society to society in the newspaper.

Simon doesn't want to watch similar news, and it's a waste of time.

As a housekeeper, Janet works privately and maintains the public image of her own man. Therefore, women basically collect negative news about Simon, and occasionally ask George Norman to send some lawyer letters or indictments.

However, when women see similar news, they will habitually roll their eyes.

In addition to persuading Simon to repay the society, there are also a large number of people who persuaded donations.

These days after the Forbes list was released, Janet received a lot of similar donation invitations every day. Most of them must have ignored them.

Finally, what probably bothers Janet the most is the recognition of his relatives.

For several consecutive years, Simon's life experience has always been the focus of media attention.

Some people with different ideas even set up a survey team to help Simon find relatives, obviously trying to make a big profit after helping Simon find his parents.

Over the years, several couples suspected of Simon Westeros’ parents have been repeatedly hyped by the media, and these people generally have not given up on their intention to recognize Simon’s son.

With the release of the Forbes list, a couple jumped out again and appeared in the media and burst into tears hoping to get Simon's recognition. They said in a deep voice that they did not ask for anything, but that they only hoped to find their son.

Some media are also afraid that the world will not be in chaos.

Simon and Janet already had a plan to deal with such things, which was to turn things into a farce.

When someone asks to recognize his relatives with 'everything', Janet will arrange for someone to do the same thing in private.

The people's eyes are bright.

A lot of people jumped out and wanted to be a father and mother to Simon Westeros. Isn't this a farce or something?

Therefore, once this happens, things will basically stop.

But this year it's not over.

Because a couple arranged by Janet suddenly publicly admitted that they had collected money and did so.

Of course, Janet would not be so stupid that she would make arrangements in person. She would do such things through a large circle of middlemen. Even the couple who jumped out could not know whose money they were collecting.

However, this kind of thing is obviously a terrible imagination media.
Chapter completed!