Chapter 497
In 1992, the Forbes North America 400 Rich List, Simon's $65 billion and Damen's classmate's $7.5 billion, veteran media tycoon John Kruger ranked third with a personal wealth of $5.5 billion.
Compared with the first two, John Kruger's personal wealth has not changed much in recent years.
Later, Sam Walton passed away in April this year, and Sam Walton's wife and four children occupied fourth to eighth place with the same personal wealth of $5.1 billion, which also became a highlight on the Forbes list in recent years.
Immediately afterwards, Warren Buffett ranked ninth with a personal wealth of $4.4 billion.
The two brothers of the Newhouse family tied for tenth in their personal wealth of US$3.5 billion respectively.
It is not difficult to find that even if the two tied tenth personal assets are calculated, besides Simon, the assets of all other billionaires in the top ten on the list are only US$499, which is a huge gap of US$15.1 billion from Simon's personal $65 billion.
When the list was released, it inevitably attracted attention and discussion from all parties.
Simon's personal assets last year were only $35 billion, but this was already a bit shocking. The $65 billion this year has completely exceeded the imagination of most ordinary people.
So, many media naturally began to analyze what $65 billion means?
An article in the New York Times gives an intuitive concept that is most suitable for ordinary people: Based on the average annual income of US$25,000 in the United States in recent years, an ordinary person needs to work for 2.6 million years to earn $65 billion.
It only took Simon Westero's wealth to accumulate at this time, but it only took 6 years.
Of course, there is also discussion about whether Simon had so much wealth at this time.
However, it is just the publicly listed high-tech companies such as Cisco, American Online, Microsoft, Intel, etc. that are already dazzling.
Daenerys Entertainment, which has created a series of box office miracles in succession, completed the merger of MCA, and created the DC movie universe, is like a lurking giant. Unlike a series of listed companies such as Cisco, the huge Daenerys Entertainment is now completely owned by Simon Westeros alone.
In addition, the strength shown by Verizon Telecom, Cersei Capital, Melisandra Company, Egret Company, etc. cannot be underestimated.
Such a huge business empire that is already everywhere in American lives, the founder's personal net worth reached US$65 billion. Although the asset growth in just one year has reached an astonishing $30 billion, after careful statistics, it is not so unacceptable.
With media reports and public hot discussions, the technology and entertainment sector of American Story inevitably rose again after the release of the Rich List in the new year.
Hollywood has too great uncertainty and the threshold is a bit high, so the booming new technology industry has once again attracted more and more attention.
Entering September, the 1992 US presidential election has also entered its most recent sprint.
The candidates of both parties in the United States have been confirmed, and incumbent President George Bush easily won the Republican party nomination. Bill Clinton successfully became Bush's competitor after defeating a series of competitors.
When the Forbes list was released this year, the views on Simon Westeros’ personal wealth in the campaign of the two candidates also became an important issue frequently mentioned by media reporters.
George Bush was even more embarrassed in this regard.
Related to the US economy in recent years, media reporters like to ask how George Bush intends to solve the growing personal wealth of the top Americans and the record poverty rate and high unemployment rate in the United States.
As we all know, the President always likes to pay attention to overseas issues, and more precisely, it is oil.
It is almost unquestionable that the Bush family is an important part of the American Oil Group.
Mr. President is really not very interested in the US economy.
Of course, this is the truth, but it certainly cannot be said, so I can only be tired of dealing with it.
In this regard, Clinton seemed at ease.
Clinton's campaign slogan is related to the economy. When asked similar questions, the presidential candidate often cleverly turns the topic into the new technology field that is rapidly erupting in the United States, and then contacts his campaign mate Al Gore's "Information Highway" plan, constantly depicting the prospects of another major change in the US economy after he is elected, especially the number of opportunities, wealth and jobs this economic change will bring to the United States.
In fact, many of the data cited by Bill Clinton were quietly provided by the Westeros system.
With Cisco, American Online and Igritte, the Internet three giants, coupled with Simon's prophet advantage, no one knows the development prospects of the new technology field in the next few years than the Westeros system.
These information were definitely not available by George Bush's camp.
Moreover, Hollywood and Silicon Valley are now largely on Bill Clinton's side, which is completely an indisputable fact.
For these two major forces, one controls the wealth of the United States and the other controls a large number of public opinion resources, the Bush administration can only win over as much as possible.
For Simon, facing the public opinion trend after the release of the rich list, the Westeros system will certainly not be indifferent.
Hate of the rich is an emotion that no society lacks. Therefore, the public relations team of the Westeros system has been working hard during this period, focusing on Simon's publicity as an exception, a miracle, and not just a pure super rich man.
The public will always accept miracles more.
Simon's personal wealth is worthy of the title of miracle.
There are discussions, surprises, and envy, and there will naturally be no lack of targeting and doubt.
It is not just the US presidential election, but this year is also the election year for the US Senate and House of Representatives. The two presidential candidates' actions with Simon are too obvious and deliberate, and some members of Congress will not have too many estimates for the support rate.
A Republican Senate candidate in California soon began to accuse the three Westeros system of their strong position in the emerging Internet field of hindering the development of competitors in the same industry after the Forbes list was released.
The MP was very cautious and did not use monopoly words directly.
The Internet industry is still in its early stages of development, and Igrit is still in the stage of continuous spending money and losses.
It is obviously too early to blame monopoly now.
Moreover, Egret Company not only took the initiative to open up a series of core patents of the World Wide Web, but also spared no effort to create an open and shared positive image for itself in the process.
In addition, American Online is not a monopoly due to its business scope restrictions.
The only Cisco, which has obvious monopoly suspicion, happens to have relatively single products, and is basically the only one in North America. You cannot force others to authorize other companies to create products you have worked so hard to authorize other companies.
Of course, with the continuous explosion of the Internet industry, the three companies' dominant position in the entire industry is becoming more and more obvious.
If you take some joint strategies seriously in private, you will indeed touch on the relevant antitrust regulations of the United States.
But, after all, this just needs to be serious.
No American corporate giant dares to say that he has never violated the US antitrust laws at all.
However, the "time" that the Senate candidate accused this time was very bad, because Egret happened to make another key move to open up technology.
This is the email technology that many companies have been jealous of for a long time.
As the technology with the widest application range of the Igrit portal, almost every World Wide Web user will register an email after logging into the Igrit portal.
Therefore, as of September 1992, the number of email registrations in the Igrit portal has reached 37 million, and the daily active users have exceeded 10 million.
With such a huge user base, any technology company with a little vision understands the huge business opportunities contained in it.
The revenue of the Egret Portal in email advertising is also rising.
However, for the outside world, this may be a huge user base that is enviable. For the Igrit team, email service means huge operating expenses every moment.
Even though it is understandable that this kind of expense is totally worth it, it does not prevent the Egret team from starting other businesses through email technology.
Open email technology, originally proposed by Carol Bartz, the head of the software service business.
As a weapon for the Igrit portal to gather user groups, the portal team naturally will not agree.
The dispute between the two sides finally fell on Simon's side.
Carol Bartz originally took over the enterprise service business of email. However, until now, the Bartz team has also found that instead of providing direct-to-email services by Egret, it is better to directly provide users with a complete set of web mailbox technology and solutions, remaining server maintenance, electronic mailbox technical management, and some sensitive matters involving further content, Egret does not need to be involved.
Doing so can minimize the company's operational investment in enterprise-level email services, and avoid legal risks related to information leakage.
It was the latter reason that touched Simon.
Although US privacy regulations on the Internet have not yet appeared, this does not mean that Egret does not need to take relevant risks
Operating a huge email user base, Egret is actually very frequently attacked by hackers, and the company's security team has become increasingly large.
Now, if only technology and services are provided, and the user is responsible for the management of emails, Igrit Company can get rid of a large part of the responsibility after an information leakage accident.
In addition, there are many considerations in the longer term.
For example, the US government inevitably monitors the Internet field.
Later, the United States was always accusing other countries of stealing Internet information and threatening network security. It was not clear how other countries did Simon, but the US government's surveillance of the Internet has been revealed more than once.
Originally, after the 9/11 incident, the Patriot Act promoted by the Bush administration was actually a surveillance bill.
The bill stipulates that the U.S. government has the right to view citizens’ emails in the name of a national safety belt.
With the long-standing surveillance habits that the US government has passed on for a long time, Simon can be sure that the US government will interfere in the Internet for other reasons in the future.
If the Internet platform only has one email service platform, then at that time, whether or not the US government agrees with the surveillance requirements, Egret will face strong pressure.
Now, if the monopoly on email technology is actively abandoned, resulting in a large number of email service providers and private or corporate email servers in the Internet market, the U.S. government will no longer bear the pressure on what the U.S. government wants to do.
Moreover, now liberalizing email technology and rapidly promoting the standards of Igret Company can also prevent other companies from developing alternative technologies.
Igrit Company no longer provides a full set of services and no longer limits the server to Igrit network platform. Users can build servers and process information by themselves. This can also allow many companies that are concerned about confidentiality to accept this service, which is conducive to the wider promotion of email services.
To finalize this, Simon spent a few days in San Francisco and agreed with the Egret team on the overall details of the open email technology.
As California's Senate candidate accused Westeros system of controlling the Internet industry, the plan was just confirmed. As a counterattack, the Egret team held a press conference to announce it.
Of course, after several disputes and compromises, this technology will still be a restrictive opening.
In the short term, the targets of technological openness will only meet companies, enterprises and government departments, and groups authorized by technology cannot provide email services to the public unless they are allowed.
Doing so obviously prevents the emergence of competitors from Igret's mailbox.
Moreover, this restriction of Igrit Company is completely reasonable to outsiders.
However, Simon actually does not intend to completely control himself and not allow other service providers to appear.
In fact, after the plan was completed, the Egret team began secret negotiations with two companies, Microsoft and AOL.
As long as the agreement is successfully reached, both AOL and Microsoft will start their own email service business.
Of course, this technology cannot be authorized only to mainland companies in Westeros system. Faced with many applicants, Egret is also looking for other foreign partners in Westeros system.
This is until September 16, when Simon returned to Los Angeles, and Daenerys Entertainment's "Desperate Housewife" focused on creating for USA TV this fall is about to officially start.
Chapter completed!