Globally, not mentioning large chaebols that are controlled by the government or monopolize private ownership. For listed companies, before the IPO of Daenerys Entertainment Group, the highest historical market value of listed companies appeared in Japan five years ago.

At the peak of the economic bubble, the market value of Japan Telephone and Telegraph Company (NTT) once reached 21.5 trillion yen, which was roughly equivalent to 160 billion US dollars based on the exchange rate of USD to 130 against the Japanese yen that year.

All Japanese corporate giants that followed NTT at that time were banks.

During its peak period, Japan Industrial Bank's market value also exceeded 100 billion US dollars. Other Japanese banking giants such as Sumitomo Bank, Fuji Bank, and First Quarters Bank also surpassed major American companies. Among them, the fifth-ranked No. 1 Quanye Bank also had the highest market value of 8.6 trillion yen, equivalent to 66 billion US dollars.

In recent years, with the bursting of both the Japanese stock market and the real estate market bubble, the first one is the Bank of Japan.

The bursting of the Japanese real estate bubble has brought trillions of yen bad debts to major Japanese banks, causing many banks to hover on the verge of bankruptcy and their market value plummeted.

As for NTT, three years ago, Japan imitated the United States to split NTT. In addition, the Japanese stock market has continued to decline in recent years, the market value of NTT, a monopoly telecommunications giant, has also shrunk significantly. Although it still maintains the first place in the market value of Japanese companies at this stage, NTT's market value is only 6.3 trillion yen. According to the 1-to-103 exchange rate after the recent continuous appreciation of the Japanese yen against the US dollar, it is equivalent to 61.1 billion US dollars.

Even after the bursting of the economic bubble, Japan is still the world's second largest economy following the United States.

The market value of Japanese companies is still like this. European countries that fell into economic recession after the currency crisis in 1992 were not even able to show off their listed companies to compete with Daenerys Entertainment Group.

Therefore, although it is not the first corporate giant in the history of the world to have a market value of over 100 billion US dollars, Daenerys Entertainment's market value of US$112.8 billion on the first day of its listing has become the only company in the world with a market value of US$100 billion.

The stock price of Daenerys Entertainment Group rose sharply on the day of its listing, seriously impacting the entire Hollywood entertainment sector.

The entire trading day on July 1st, the other six Hollywood stars.

Time Warner Group's share price fell 3.1%, closing at $17.9 billion;

Disney's stock price fell 5.3%, closing with a market value of US$6.7 billion;

MGM shares fell 1.7%, closing at $2.7 billion;

Shares of News Group, a parent company of Fox Films, fell 4.1% on the same day, closing with a market value of US$9.6 billion;

Paramount parent company Seagram Group's share price fell 6.1% on the same day, closing with a market value of US$13.7 billion;

Even Sony, the parent company of Columbia Pictures, fell 3.7% on the same day, with a market value of US$21.5 billion.

Therefore, the total value of the other six traditional giants in Hollywood besides Daenerys Entertainment is only US$72.1 billion, which is only 63% of the market value of Daenerys Entertainment Group on the first day of its listing.

Simon doesn't want to have a situation of Hollywood's super strong situation too soon, so in recent years, it has been supporting Time Warner openly or secretly. Now, just in terms of corporate market value, this actually super strong situation has not only formed, but the strength of the other six majors combined is not even as good as that of Daenerys Entertainment.

As the Hollywood film industry, which is relatively open and competitive, this situation can only be described as a miracle.

In any case, it may be very difficult for outsiders to enter Hollywood. For the native Hollywood people, the seven major film companies have equal opportunities to enjoy this market. For example, this summer, each major film company can launch multiple films produced by itself.

If there is no shortage of opportunities and markets, if the films produced by one are not performing well in the market, you will not blame others.

Therefore, although the Daenerys Entertainment Group has suppressed all the strengths of the other six Hollywood stars, unless it is a nonsense, the other six have no excuses to accuse Daenerys Entertainment of monopoly or other unfair competition.

Of course, senior executives of several other major Hollywood film companies have considered jointly targeting Daenerys Entertainment.

Unfortunately, Daenerys Entertainment's rise is too fast. When some people plan to snipe Daenerys Entertainment according to the "wild boar" standard, in a blink of an eye, the company has turned into an "elephant".

Now, I have just experienced the Hurst Group incident. Not only the media industry, but no company in Hollywood dares to easily make any small moves on Daenerys Entertainment.

What's more, even if a group of "wild boars" are all combined, it is unlikely to overturn an "elephant". Moreover, this "elephant" did not kill them all, but would occasionally give up some "food". Therefore, although everyone's livelihoods have become much more difficult, life can barely continue in this film market that is constantly recovering and prosperous.

Anyone has different degrees of laziness, and the company is controlled by people, so it is naturally the same.

Since I have not been forced into a desperate situation and the difference in strength is too great, the Hollywood pattern is temporarily stable.

In addition to Hollywood, the last trading day before the Holly Day holiday was not only Daenerys Entertainment's first day of listing, but directly overturned the old industrial giant General Electric, which also led to the Westeros system's two other celebrity listed companies, Cisco and American Online, which also rose 7.1% and 5.6% on the same day, with a closing market value of US$76.4 billion and US$65.9 billion respectively.

In just one day, the Westeros system occupies three of the top five listed companies in the market value list.

The total market value of the three companies has reached an astonishing US$255.1 billion!

According to Westeros Group's shareholding ratio in the three companies, these three companies contributed $170.7 billion in personal wealth to Simon.

Three months ago, the media just announced that Simon's personal wealth exceeded US$200 billion.

Now, just Simon's stocks, including Daenerys, Cisco and American Online, have $170.7 billion in personal wealth, which is close to this figure.

In addition, Westeros system also owns Cersei Capital, Melisandra, Egret, Verizon Telecom and other companies. Among them, the market value potential is no less than that of Cisco and American Online's Igret, with a general valuation of $50 billion. Westeros has a heavy holding of technology companies such as Microsoft, Intel, Oracle, and SUN.

All these assets add up to more than another $100 billion.

Although the Westeros system specifically greeted many mainstream media groups in the United States, many second- and third-tier newspapers in order to attract attention still gave Simon's latest personal wealth on the weekends.

And it has been directly raised by another order of magnitude.

$300 billion!

This is a valuation generally recognized by most media that give similar value assessments.

Not accurate, but not much.

After all, only Daenerys, Cisco and American Online have contributed more than $170 billion in personal wealth to Simon Westeros. Many other companies and assets in the Westeros system, excluding debts, are equivalent to $130 billion, which is obviously more than enough.

According to economic data for the first half of the year, the official estimates that the US GDP will be around US$7.2 trillion in 1994.

Now, Simon Westeros’ personal wealth of $300 billion is equivalent to 4.1% of the US GDP, far exceeding the GDP share of 1.5% of the Rockefeller family’s heyday.

Rockefeller and Morgan were once known as controlling the entire United States.

This time, the rapidly rising Westeros system has also penetrated into many aspects of American public life in just eight years. The most important and sensitive one is the control of American public audio-visual entertainment resources.

Therefore, compared with the US media hype and storm after the outbreak of the London Girl Incident in March, this time, the slightly caring public can feel the "cold" attitude of North American media, especially large media with wide influence, towards Simon Westeros' personal wealth setting a new high.

The US media public opinion has a great influence on the direction of federal policy.

Many times, just a heavyweight article in large newspapers such as the New York Times, the Los Angeles Times or the Washington Post can lead to the conclusion of some federal government bills.

Large mainstream media are cold. Even if Simon's personal wealth of more than $300 billion has aroused the subconscious hatred of the rich in many people, it will not cause too many negative consequences if it cannot be gathered and guided by public opinion.

However, although the mainstream media with a greater influence has reached interest relations with the Westeros system or is just out of fear and no speculation, the birth of the first super rich man with a $300 billion in history in the United States and even the world, the hustle and bustle caused by ordinary social events is still comparable.

After all, newspapers and TV with slightly influentiality cannot mention Daenerys Entertainment's listing and Simon's personal net worth hitting a new high.

Simon just tried his best to control the media and not to direct public sentiment to the opposite of the Westeros system. For major newspapers that are sufficient to affect the direction of federal policies, the requirements are only to minimize exposure, but it is impossible to shut up countless newspapers, television, radio and other media platforms in the United States.

Of course, with the lessons learned from the Hurst Group, most media did not dare to rashly criticize Simon's increasingly huge personal wealth accumulation, but using this topic to boost sales or ratings is spared no effort.

Mainstream media are conservative, but many politicians in the US government do not have these fears, especially those candidates who realize they have been included in the Westeros series on the sniper list of this year's midterm elections.

A group of politicians led by Wisconsin Congressman Craig Emes jumped out again, spared no effort to exaggerate the threat of the increasingly large Westeros system to the US economy, demanding that the federal government take immediate measures to limit Simon's personal wealth to continue to grow uncontrollably.

Rep. David Meroth, a member of the Hurst family, has already stopped trying to set up a special House inquiry committee for the Westeros system.

However, Craig Emes followed David Meroth's ideas and once again promoted the "asset tax" bill. At the same time, the politician also contacted a group of lawmakers and demanded the establishment of a special investigation committee in the Senate. The goal this time is to investigate the monopoly of the three Internet giants in Cisco-American Online-Igritte on the emerging Internet industry.

As for Daenerys Entertainment Group, although this company is already very large, it does not have much to criticize in various federal laws.

In this world, unless a person is so mediocre that he has no sense of existence, he will have friends and will inevitably have enemies.

Simon knew very well that even the federal media would not be as peaceful as it was on the surface. The reason for this was mainly because it was difficult to fundamentally cause any damage to the Westeros system by hyping the current news hotspots. On the contrary, once they made their way forward, some flowers and plants might be stepped on by the huge Westeros system.

If the right opportunity arises, Simon is sure that many media will jump out in one go, and everyone will push them.

As for politics.

In a capital society like the United States, politicians are usually not willing to provoke those super rich people, but they are never absolute. When the rich themselves reveal their own flaws or block these people's political careers, politicians who are more aggressive than ordinary people will definitely do everything they can.

Moreover, the Westeros system has risen too fast and has too shallow foundations, which has also given many politicians an opportunity to take advantage of.

News came to Washington on the following weekend.

The US Department of Justice will recently launch an investigation into the suspected monopoly of the Internet industry, including Cisco-American Online-Igritte, within the Westeros system.

Unlike the FBI, the White House has strong control over the Justice Department.

However, in the face of many political enemies who continue to attack the Clinton administration deliberately protecting the Westeros system, if the Justice Department takes action on the Westeros system after Congress, the accusations of some politicians will be more confirmed, and the White House, which has no good reputation in the past two years, will be more passive.

Therefore, Clinton must act before Congress.

Simon was prepared for this.

A general plan has even been made.

The biggest feature of the antitrust investigation in the United States is that it is prolonged and Simon doesn't even take too long. Even if there are two or three years, the layout of the three companies in the Internet industry will be completely ingrained. At that time, even if the split is carried out again, it will actually be like the ATT split case back then. Although a giant was broken into seven, it will still be a market structure monopolized by the princes.

After July 1st, it will be a three-day single-day holiday.

There are many troubles in the outside world, and this increasingly large commercial machine is still operating at high speed in the Westeros system.

This IPO has boosted the morale of Daenerys Entertainment Group employees very significantly.

The 35 million Daenerys Entertainment shares held by Amy Pascal increased to a huge value of US$1.67 billion on the day of its listing. Including the previous accumulation of this female executive, Amy Pascal's personal net worth has reached US$2 billion, ranking among the top richest people in this era.

Nancy Brill, Robert Eiger, Mark Belford, Danny Morris and Ella Deutch, the five core Daenerys Entertainment Group management teams, relying on the millions of corporate stocks they hold, all of them became billionaires on July 1st.

Based on the closing price on the afternoon of July 1, Daenerys Group has 15 middle-level managers who hold more than 200,000 shares of Daenerys Entertainment, and have become multi-millionaires.

Among them, Tom Pollack, president of Daenerys Pictures, who holds 1.5 million shares, has a net worth of up to $70 million even if he doesn't squeeze into the core. This senior management who has a deep enough Hollywood experience but actually does not make much contribution to Daenerys Entertainment, was even ridiculed by the Hollywood Reporter as the biggest lucky person in this IPO process.

In addition, 173 grassroots supervisors who hold more than 20,000 shares have also become millionaires.

The entire Daenerys Entertainment, who had a little bit of qualifications to participate in the stock subscription, all earned a lot of money during this IPO.

Before going public, Simon distributed a total of 1.76 shares of stocks or rewards or subscriptions to employees of Daenerys Entertainment Group. According to the rough conversion of the unlisted status at that time, the 29,000 employees of the group received an average of only US$51,000 per person.

However, on the first day of listing, the total value of 176 million shares reached US$8.4 billion. Excluding the $1.09 billion cost paid by the employees' internal subscription, it actually means that each employee received a reward of US$250,000.

In the history of world business, such a large stock reward is unprecedented even if it cannot be said that there are no futurers.

With this alone, many people vaguely realize why Daenerys Entertainment Group is so powerful.
Chapter completed!