Across America, Starting with the Boxing Champion
Chapter 372: Monopoly Link(610)
Chapter 372 Monopoly Link (6/10)
On the Internet, news such as "Scumbag Link" and "Buy albums to support Taylor and help Taylor raise children" have not yet cooled down. Another piece of news has made its way into the top three of the hot search lists on major news platforms with an extremely tyrannical attitude.
The cause of the matter is that on September 12, Tesla was listed on Nasdaq (stock code: TSLA), becoming the first independent manufacturer of pure electric vehicles to be listed in the United States.
Tesla issued 13.3 million shares on the market, accounting for approximately 14.3% of the total share capital. The price per share was US$21, corresponding to a market value of US$2.38 billion. On the opening day, Tesla’s stock price increased to US$28, and the highest reached US$35.
Tesla’s market value successfully exceeded US$3 billion.
If it were only 3 billion U.S. dollars, Link, as the majority shareholder of Tesla, would not be noticed by many media.
But in the following week, Tesla's stock rose steadily, from the issue price of 21 US dollars to 38 US dollars, and Tesla's market value also increased to 4.28 billion US dollars, with a peak exceeding 6 billion US dollars.
When Tesla’s stock price exceeded 4 billion U.S. dollars, the Wall Street Journal published a piece of good news on its front page. It was not congratulations to Tesla’s market value for exceeding 4 billion U.S. dollars, but congratulations to Mr. Link Baker, Tesla’s second-ranked individual shareholder. Breaking through 1 billion US dollars and becoming a self-made billionaire.
The Wall Street Journal devoted a lot of space to introducing Link’s investment in the Tesla project in the article, claiming that Link had spent nearly 200 million U.S. dollars since the beginning of the year and purchased more than 11% of Tesla shares.
After Tesla's successful listing, Link Baker still owns 10.3% of Tesla's shares, becoming the second-ranked individual shareholder of Tesla's equity, Tesla's global image spokesperson, and the highest voting power member of Tesla's board of directors. Fifth Director.
According to the current market value of Tesla, 10.3% of Tesla shares owned by Link have a market value of more than 400 million U.S. dollars. Counting Link Music under Link’s name, the current market value is 520 million U.S. dollars, and Dynasty Promotion Company, Link’s Twitter’s investment, and the more than $100 million he made from boxing matches.
The Wall Street Journal estimates that Link's current net worth is firmly over one billion U.S. dollars, approximately between 1 billion and 1.2 billion.
The Wall Street Journal also published Elon Musk’s words in the article. Musk first introduced that he and Link were neighbors. They both lived in the Bay Villas area, less than three miles apart.
Musk also said that he was a boxing fan of Link. He initially approached Link to ask him for his autograph, not to solicit investment. Later, the two had a good chat and he asked Link if he wanted to invest in Tesla. Tesla is a company A great company that will be able to send people to Mars in the future.
Link said it was cool and immediately offered to join.
Musk said that he was very excited at the time and felt that he had found a like-minded person.
Finally, the reporter asked Musk what he thought of Link.
Musk said that Link is a far-sighted friend, a discerning and steady and bold investor, and a partner with firm convictions. He also said that Link played a key role in Tesla's difficult times. One of the investors.
In addition to Musk, the "Wall Street Journal" reporter also interviewed other Tesla shareholders, including Google founder Larry Page, who called Link one of the best and most exciting young people he has ever seen.
Sequoia Capital senior partner Michael Moritz also said a lot of good things about Link when being interviewed by a reporter from the Wall Street Journal.
The purpose of these people is to use Link's fame to publicize the news of Tesla's listing and drive up Tesla's stock price, and they have indeed achieved their goal.
Because Link is famous enough, and the news reported by the Wall Street Journal is also explosive, after the article was published, "Link's net worth exceeded one billion U.S. dollars", "Link became the youngest billionaire in the world", "Lin Ke became the youngest billionaire in the world", News such as Grams becoming one of the 500 richest people in the United States quickly appeared on the hot search lists of major news websites.
These articles focused on describing Link's investment in Tesla. From the beginning of the year to August, he invested more than 100 million U.S. dollars and bought 11% of the shares from Musk. However, just a few months later, in Tesla, After SLA went public, his shares nearly tripled.
Relying on this successful investment, his current net worth has steadily exceeded 1 billion US dollars.
At the same time, he also surpassed Facebook co-founder Dustin Moskowitz to become the youngest billionaire in the world. At the beginning of the year, 26-year-old Dustin Moskowitz became the youngest billionaire in the United States with US$1.4 billion, and in Ranked 290th on Forbes' list of America's richest people.
According to the U.S. rich list released by Forbes at the beginning of the year, Link's current net worth is expected to be among the top 500 people. He is a real rich man, not just a singer or a boxer.
So when many netizens were still calling Link a scumbag and clamoring to buy Taylor's album to help her raise her children, suddenly they saw such news breaking out on the Internet. Many people were surprised. Link is only 21 years old. , worth more than $1 billion? real or fake?
Some people didn’t believe it and searched for relevant news everywhere, only to find that not only the Wall Street Journal, but also major media such as Business Week, Vanity Fair, and the New York Post used conclusive data to show that it was true.
“Business Weekly” stated in the article that US$1 billion is only a conservative figure.
With Link’s Tesla shares, Twitter shares, Link Music, and Dynasty Promotion Company, Link’s total net worth has exceeded one billion U.S. dollars.
Taking into account his income from boxing matches this year, world tour income, album income sharing, movie company profits, movie remuneration, and other investments, his worth should be between 1.2 billion and 1.5 billion. By next year, Forbes When the rich list is announced, he is expected to be among the top 300.
The New York Post claimed that the Wall Street Journal made serious mistakes in its investigation. This year, Link only earned more than $300 million from boxing matches, world tours, and two albums. There is an unknown amount of Amazon stock worth at least 1.5 billion, not the 1 billion predicted by the Wall Street Journal.
The people who eat melons were dumbfounded when they saw this number.
It turns out that Link is not only a world boxing champion, a singing superstar, a movie star, but also a rich man worth more than one billion U.S. dollars.
Is it too much for such a rich man to be a little extravagant?
Shouldn’t such a life be the goal that all men strive for?
By the way, it seems that there are still people clamoring to live frugally and save money to raise children for Link these days.
With Link’s worth and Queen Taylor’s worth, their child will at least be a billionaire after birth. Does such a person need other people to support him? are you crazy?
“I was wrong, I was a joke.”
“Idol Link, please forgive my ignorance and take my knee.”
"I declare that from now on, Link will be my father, no, my role model."
Many people who had scolded Link on the Internet changed their tune after seeing this news, and instead praised and even licked Link. In Link’s Twitter comment area, the number of comments originally criticizing him dropped by more than 100,000 overnight.
And there were more than 200,000 comments congratulating him on becoming a billionaire and expressing admiration for him.
There are also many people leaving messages asking what Link’s next investment plans are, and everyone is ready to follow suit.
Link replied ‘Tesla’.
With the publicity of the Wall Street Journal and other media, Tesla’s reputation has greatly increased and it has become a star stock on the Nasdaq stock market. Its market value exceeded 6 billion US dollars in three days, almost three times the amount before its listing.
Link’s net worth has also skyrocketed, and he has been touted by the media as a billionaire or two billionaire, which is like a big bubble.
After Tesla rose to 6 billion, many shareholders saw profits and were worried that no one would take over the price. They immediately sold a large number of shares. Only then did Tesla's stock price slowly drop to around US$38 per share, and the market value was stable. Around US$4 billion.
“Cathy, how much did we make this time?”
In a cafe at No. 45 Wall Street, Link looked at Ms. Cathy Wood who had a good face and asked.
"Not much. As of now, we have a total balance of more than 65.5 million US dollars in our account."
Cathy Wood held her coffee cup and smiled reservedly.
“More than sixty million? It’s really not much.”
Link nodded.
Ms. Cathie Wood was stunned for a moment. In less than half a month, she made a net profit of more than 60 million US dollars just by buying and selling. Isn’t that much?
Originally, she didn't say much, just to be reserved in front of his boss and not to brag about her achievements.
In the end, Link really didn’t take more than 60 million seriously.
Well, she suddenly remembered that the man in front of her earned 30 to 40 million from a boxing match, and more than 60 million was indeed not much for him.
Had I known it earlier, I wouldn’t have been humble with him.
"Link, I think 60 million is quite a lot. In addition, we also took advantage of the downward trend in Tesla's stock price to acquire nearly 1.6% of the shares, which is about more than 60 million. Counting this part, our investment this time The operation earned more than 120 million U.S. dollars.”
Ms. Cathie Wood said with suppressed excitement.
After Tesla went public, Link believed that Tesla’s stock price had room to rise and suggested buying some more shares while Tesla’s price was not high.
Since Link showed precise vision in buying Tesla shares, Cathy was more confident in his words.
So after Tesla went public, she led her asset management team to buy a large number of Tesla shares at a low price. When the stock price exceeded $60, she followed the big sellers and sold them all. Later, she bought several Tesla shares near $36. One million shares, one bought and one sold, netted more than 60 million and 1.6% of Tesla shares.
This was the most profitable and successful time in her career. With her operations during this period, she and her team also earned more than 10 million in commissions.
Now she is not only Link's asset manager, a senior partner of Vanguard Asset Management Group, a star manager of a Wall Street investment bank, but also a multi-millionaire.
Even though it has been two days since she became a multi-millionaire, she is so excited every time she sees the money in her account and the stocks in her hands.
But after meeting Link, this excitement slowly cooled down.
Because Link didn't even blink when she heard that she had earned more than 100 million, and she suddenly felt that becoming a multimillionaire was nothing.
“How many Tesla shares do we still have?”
Link asked.
"The company has 6.5%, and you have 10.8%. According to our department's prediction, Tesla's stock price will fall a part in the future. If you still have confidence in Tesla, we can continue to buy in the low-price area. "
Cathy Wood said.
Link nodded, thinking this suggestion was a good one.
At present, Tesla still has not launched a flagship product. The recent surge in stock price is also the result of capital operation. It is expected that the market value will fall below 4 billion US dollars in the near future, and it will be too late to buy part of it by then.
He remembered that Tesla’s market value exceeded 10 billion in 2013, exceeded 100 billion in ten years after its listing, and exceeded 1 trillion in the eleventh year. If everything goes well, it will not be difficult to become a billionaire in the future.
He asked again about Bitcoin. The current price of Bitcoin has just risen to 3 US dollars, which is still a relatively low price.
Cathie Wood said that he has currently accumulated 100,000 Bitcoins, making him almost the person with the most Bitcoins on the market. Asked him if he should continue to accumulate Bitcoins?
Link nodded, hoarding and selling at the same time, keeping it at about 100,000. It is useless to have more. No one on the Forbes list has become the world's richest man by hoarding Bitcoins. The focus of investment should continue to be on corporate stocks.
(End of this chapter)
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