giants of the era

Chapter 256 Huge Cash Reserve!
Li Zetian and Yu Jingqiu made the final statistics. The combined turnover of all companies reached 1105 billion US dollars, and the net profit was as high as 154 billion US dollars.

Subsequently, Li Zetian ordered the major companies to take part of the dividends, of which 55 billion US dollars flowed into the umbrella company.

Umbrella Corporation originally had 15 billion US dollars, and now with 55 billion US dollars, there are 70 billion US dollars.

Such a huge cash reserve is really shocking!

The advantage of having a huge cash reserve is that you can better deal with risks and have enough cash for mergers and acquisitions, product upgrades, and new business expansion.At the same time, it also means that Apple has enough money to buy some companies and make up for its shortcomings in some fields, and even if it loses money every year, the company can persist, and there will always be a chance to come back!
In Li Zetian's view, US$70 billion is actually not much.

Li Zetian came from 2016. Apple’s cash reserves are as high as more than 2460 billion U.S. dollars, Microsoft has more than 1100 billion U.S. dollars, and Cisco has more than 600 billion U.S. dollars...

If Apple loses $20 billion a year, it won't go bankrupt for 100 years! ! !

This is really terrifying!
Thinking about it this way, $70 billion is really nothing, and a cash reserve of $1000 billion is considered qualified.

Cash reserves are not just money on the account, but cash in a broader sense, including bonds or cash equivalents that are highly liquid and can be converted quickly, short-term (or long-term) market bonds, long-term and short-term securities, including U.S. bonds, corporate Bonds and Money Market Funds (MMFs), etc.

Of course, if you have a huge amount of money but don’t spend it, it means you haven’t used it well, but Li Zetian is on the hook, making money faster than spending it, so he is not worried about not having a good investment project.Li Zetian has been doing his best in the research and development of innovative products. Otherwise, the net profit of 1105 billion U.S. dollars would not be 154 billion U.S. dollars.You must know that the companies under Li Zetian's name are all high-profit companies, and the profits of many products exceed 30%.

The U.S. dollar in the 80s was very valuable. Therefore, 70 billion U.S. dollars is actually a huge amount of money, but Li Zetian's vision is too high.Today, that much money requires a bank or other financial institution to operate.If it is simply placed on the company's books, it is tantamount to depreciation.

Acquisitions or banks and financial institutions are what Li Zetian must do next.

……

William's Full Moon Wine was held on January 1th, Xiao Zhixuan and the others rushed back from Europe.

This time the full moon wine was very grand and lively, and many rich and powerful people came to give gifts.Li Zetian didn't know many people, but because the company under his name had business cooperation with them, so, in order to please Li Zetian, they all came to give gifts.

President Reagan is going to run for the presidency of the United States again this year, and he needs the support of Li Zetian very much. He also came to participate in the full moon wine that day.In fact, besides him, many high-ranking officials have come to the American political arena. These are the results of Li Zetian's efforts to win support over the years. Although they are not as powerful as those old consortiums, they should not be underestimated.

Which consortium Li Zetian prefers, the power and voice of the consortium will be greatly enhanced.

Although the villa is big, it is overcrowded on this day.

Many people even have the idea of ​​coming here to expand their network, hoping to meet a few people who will be helpful to their future development.

There are often various banquets in the upper class of the United States, and many people take part in such banquets with great joy, simply because they want to expand their personal connections at the banquet.

However, Li Zetian seldom participated in such banquets. He didn't need to take the initiative to make friends with powerful people, but these people took the initiative to find him.

Enterprises want to cooperate with him, and the country wants him to invest.

If Li Zetian goes to any country now, he will be regarded as a guest of honor!

Due to the fact that there are too many big names who come to participate in the full moon wine, a simple full moon wine has become the headlines of the major media in the United States and even the world.

Many reporters stayed outside the door to see which guests had come. Whenever they found out the identity of the other party, they couldn't help but scream out in surprise.

"It's awesome, Chronos Li really has face, even President Reagan, the British royal family, the Rockefeller family, and the Bush family are here!!!"

"Chronos Li is as rich as an enemy, and his influence is really great!"

"Hey, did you know that the black market price for invitations to this banquet is as high as 400 million dollars!" A reporter said suddenly.

"..." Everyone couldn't help clicking their tongues secretly when they heard this. It's crazy that an invitation is so expensive.

The reporter whispered: "Don't look at the price, this thing has a price and no market! Many people want to buy it but can't buy it. You have also seen it today. There are so many rich and powerful people from all over the world attending the banquet. It’s a status symbol, if you can make some friends here and negotiate a business, it’s not just as simple as $400 million?!”

"Oh, that's right! It's really a good deal to be able to enter the market with 400 million dollars! Most of the people who come to participate in the full moon wine are billionaires. I'm afraid it's hard to find an opportunity for so many top rich people to gather in the world!"

"..."

At around 10 o'clock in the evening, all the guests left, Li Zetian heaved a sigh of relief, and lay down on the sofa to rest.The warehouse is full of gifts, and you can play the same one a day without repeating the same, and you can play for several years.

On this day, Xiao Youran was the happiest person, guarding the warehouse like a money fan, looking at the presents in the room, her eyes lit up, and then she kept opening the gift boxes to see what gifts were inside.If there is something she likes, she will unceremoniously announce that it belongs to her, and then play with it very happily.The little girl didn't know where her energy came from, she didn't know she was tired at all, and she refused to sleep and rest, so Yu Jingqiu dragged her out of the warehouse in the end.

"Mom, I don't want to sleep yet~~" Xiao Youran said coquettishly.

"You have to sleep, otherwise all your toys will be confiscated!" Yu Jingqiu didn't like this.

Xiao Youran pouted, with an unhappy face, and followed Yu Jingqiu to the hall.

Li Zetian asked with a smile: "Who made our cute little Youran unhappy?"

"Mom wouldn't let me play, and said she would confiscate my toys!"

Xiao Youran rushed into Li Zetian's arms, hugged him, and complained about "injustice".

Li Zetian said to Jingqiu: "Children love to play, let her play for a while."

Yu Jingqiu kept a serious face on purpose, and said, "It's past 10 o'clock now, no more games, I have to go back to my room and sleep right away!"

Li Zetian said to Xiao Youran: "Look, your mother won't let you play, and your father can't do anything about it. So, you should go to bed quickly and obediently. After a good sleep, you will have the energy to play the next day, don't you think?" Ah, baby girl?"

"Well~~ Dad is right, then I will go to bed early at night and get up early tomorrow. There are many interesting toys in the warehouse that I have never played with!!!" Xiao Youran nodded and said, and immediately got out of Li Zetian's arms. Get up, then jump up and down, and run upstairs.

Li Zetian shook his head and smiled: "Uh, this girl is really playful..."

Yu Jingqiu said with a smile: "It's not something you're used to! Seeing that you usually hurt her, holding her in your hand for fear of falling, holding her in your mouth for fear of melting..."

"Okay, okay, I'll make it right, I will be strict with Xiao Youran in the future!" Li Zetian said so, but he never thought of being a strict father in his heart.

At this time, Li Zetian stood up from the sofa, put his hands on Jingqiu's shoulders, pinched her a few times, and said softly: "Okay, you are tired today, go to sleep and rest."

"Well, you should go to bed earlier." Yu Jingqiu kissed Li Zetian, turned around and went upstairs. She first quietly walked into Xiao Youran's room, and she was relieved when she saw her go to bed, and then returned to the room. Sleep in your own room.

(End of this chapter)