Age of Dreams

The "Forbes Annual Series Ranking List" basically comes out at a different time every year, sometimes in February and March in the second year, and sometimes at the end of the year.

This year's Forbes lists were released on January 6, 2014.

There is no doubt that this time everyone is most concerned about whether Xiao Qi will be the richest man in the world in the "Forbes World Rich List" and how much assets he can evaluate.

"Fu Run Rich List" has been captured by public relations. Everyone hopes that "Forbes World Rich List" can be fairer.

When the results came out, everyone still felt a little disappointed.

The world's richest man is Xiao Qi, yes, this is basically not much suspense.

However, Forbes’ assets for Xiao Qi are only 96.3 billion US dollars, which is more than 30 billion US dollars higher than the second-ranked Bill Gates children's shoes, and more than 40 billion US dollars higher than the third-ranked Father Buffett.

This is completely black box operation!

For a while, public opinion was in an uproar.

Forbes, which has received a huge public relations fee of 100 million US dollars, has long been prepared, and released it along with an article of clarification and evaluation of Xiao Qi.

"First of all, this list is to collect and confirm data before December.

We know that everyone has an estimate of 300 billion US dollars for Mr. Xiao Qi’s wealth, but we must explain that the two sources of wealth that Mr. Xiao Qi has: DreamPad and the app store’s valuation are actually one The high premium valuation is not in proportion to the value generated by these two brands.

For example, DreamPad, it has a total of 13 releases as of the end of November. The total sales volume is 86.465 million units, plus other optional accessories and limited edition costs, total sales are around 70 billion U.S. dollars. But you don't know that the patent fees, hardware production costs, and operating costs that DreamPad needs to pay are very high. It basically accounts for about 80% of the selling price. So according to the common sense of economics and its life cycle, our correct valuation is about 40 billion U.S. dollars.

Similarly, although the app store is getting more and more popular, don't forget that the app store can only get 30% of the sales. Among these 30%, huge expenses such as website care, program store processing, etc. are also required, and the profit is only 10% at best. Even because of the large amount of investment in cloud computing and cloud storage, it is still losing money in recent months. Therefore, Apple and Samsung's estimated purchase price of US$200 billion was not out of economic interest. It lies in the consideration of industry competition. Therefore, the correct valuation we give it is around 60 billion U.S. dollars.

Of course, if Mr. Xiao Qi lists these two companies, then Mr. Xiao Qi's worth can reach at least 230 billion yuan. But unfortunately, according to our understanding, Mr. Xiao Qi has no plans to go public on these two core assets. Private holding is still his first choice.

In addition, the assets owned by Mr. Xiao Qi, such as DreamStars, which will be released in December. Because it was just ready to go on sale, detailed data is not available for the time being, and there is no way to make a good valuation.

Other shares of WeChat, the world’s No. 1 instant voice communication tool, shares of Xiaoniao.com, shares of Mingxiang Holdings North America Labs, shares of Xiaoyao Logistics are all private companies, so we can’t understand the details. Only a rough estimate can be made for the amount of shares in the company. When the table is hurriedly completed, it is also limited by talents and information. I am very sorry.

The editorial department of Forbes knew that after this estimate was made. We will definitely suffer a lot of criticism. Just as there are 100 Hamlets in the eyes of 100 people, everyone's valuation of Xiao Qi's property must be different from what we have tracked and calculated. But we feel that everyone's mind should not be placed on arguing about these things, we should focus on more meaningful areas.

We admire Mr. Xiao Qi, a super genius who just turned 20 this year. Compared to his predecessors Bill Gates, Zuckerberg, etc., he is more dazzling. What he brings to us is not a dazzling rich man, but the positive meaning he gives to the world of science and technology. When smart electronics is opened a window, our lives will usher in more incredible beauty.

According to Mr. Xiao Qi's disclosure to reporters, in the next five years, Fairy Company will bring many smart electronic devices, not just smartphones and tablets. We look forward to the performance of this genius boy, and also look forward to our future life, and enjoy the fun brought by technology even more. "

Ok.

Although this article is written with a stimulating and humanistic flavor, it is just to deceive ordinary people who don't know the details.

At least Qiao took a look at it and threw it aside, sneered and said to his wife: "Do you think Xiao Qi has money and nowhere to spend? This time I have paid a lot of public relations fees!"

Li Jianxi also smiled openly. Xiao Qi’s method was different from his. His wealth was scattered among the hundreds of companies directly and indirectly controlled by Samsung. There was no way to find out how much he actually had. Xiao Qi just adopted The simplest way is to cover people's eyes and eyes, and it will be criticized by others.

Professionals on Wall Street also have great doubts about this.

More professionals continue to criticize Forbes, believing that they have become more and more unfair over the years.

"I don't want to say how much Xiao Qi's DreamPad and app store are worth, nor do I want to say that you find it difficult to count wealth in China. But you Forbes should at least include the true valuation of Mingxiang Holdings' North American Laboratory, right? You can’t say that the valuation is bad? Then relying on the patents in their hands and the price at which Xiao Qi bought those companies, should there be a valuation of 5 billion US dollars? Have you eaten this money?"—— "The Wall Street Financial Times" editor-in-chief Dan Rui? Lope.

"Tsk tusk, is Forbes a blind subsidiary? Did you forget that on December 31st, Goldman Sachs, Merrill Lynch, Citigroup, Lehman Brothers and Bear Stearns had already handed Xiao Qi a 5 billion dollar bet? This is the world’s largest private and investment bank bet, is not counted by you? Oh, I see, you can say that the list was completed before December, so you didn’t see it?"—— Zell Kabu, deputy editor of the New Jersey Business Times.

Of course, Xiao Qi is not a shooter without a public relations company.

"I think these people are funny. Xiao Qi's money is not yours. Why are you so indignant? Xiao Qi's companies are all private companies. As long as he doesn't disclose the share of the shares, then there is no way to know. Does he have any? Occupies most of the shares in DreamPad and the app store, do you know? Forbes did a follow-up visit for 8 months and came to the conclusion that it should be far more fair than if you only speak with one mouth?"-"Celtic The weekly columnist Ruo? His real name is special.

"Listening to some people's valuation of DreamPad and the app store, I laughed! Do you remember when the market value was 205.5 billion, Cisco 555.4 billion, and Microsoft 624 billion US dollars? Was it really a reflection of their true value at that time? Why is a company that has only been established for only two years, but with two good ideas, is valued so high by you? Who wants to spend so much money to buy it? Are you guys? I think, Forbes' valuation is already High enough! Xiao Qi's real estate should be around US$40 billion, ranking third in the world!" —Andy Cole, editor-in-chief of the Financial Times of London.

"Americans like to brag about the bubble so much. What is the market value of Nokia? How many phones does it produce and how much market share does it occupy? The tablet market occupied by DreamPad is itself a niche thing. Why can it be so valued? High? Can I understand that they want to design another bubble and let us buy it stupidly? It is said that Xiao Qi only earned more than 20 billion US dollars in the past year, but he owes several banks in China The loan is more than 150 billion US dollars. After removing the loan, how much is left of such a rich man in the world?"-Jean Dichini, a well-known economist at France Television II.

"..."

No matter how fierce the argument is, as Forbes said, none of Xiao Qi's companies are listed. You think the valuation is high, and I think the valuation is low, so what's the problem?

Because there is no real reference point at all!

This is also the biggest reason why Forbes dared to collect 100 million US dollars for Xiao Qi, otherwise they would not be able to justify their claims regardless of how they wanted money.

If so, they still quietly gave Xiao Qi a lot of advice.

For example, you can set up a privately managed fund like the leader of Qiao, and separate many shares.

Or through the establishment of many offshore companies ~www.readwn.com~ to hold the company shares in the hands.

This can reduce tax risks and maintain a kind of mystery.

Not only are the European and American countries arguing, domestic newspapers, magazines, online reviews, etc., have also fully commented, some feel fair, some feel less, and even drag Fu Run out of the rankings. of.

However, everyone is arguing because of the long-term authority of Forbes and Fu Run. In the end, there is no result.

As everyone knows, the teenager is the most depressed right now. Grandma’s never heard of spending money to make people belittle herself. This young master, I have created a precedent for a generation! (To be continued. If you like this work, you are welcome to come to the starting point () to vote recommended votes, monthly tickets, your support is my biggest motivation. Mobile users please go to read.)

PS: This morning, when I opened the monthly ticket list and looked at it, wow, at least 25 of the top 30 are asking for monthly tickets with hanging leaflets. What a spectacular scene! Compared to everyone, I am really too shy. I was struggling for a long time yesterday and I was ashamed to ask for a monthly pass. But, brothers, you can't bully honest people either. On the 1st, only two brothers gave monthly tickets. How can you bear it?