My Dad Is The Richest Man In The City

(This is the first update. Thank you to two book friends [Han Huangzi] and [Lin Jingchun] for their reward! I am going out soon, and the chapters in the past few days will be uploaded regularly. Support the collection!)

Overnight, an instant messaging + payment + artificial intelligence software appeared with 500 million users. It was difficult not to attract attention!

What's more, in the United States, activities to collect five blessings and share 70 million US dollars are also very popular.

As for the software WeChat, even Wall Street elites are using it, and it is very good.

In one day in China, indeed overnight for the United States, WeChat exploded, with 500 million users!

What concept is this?

WeChat users will definitely continue to grow in the future, and WeChat is a really great software. There is basically no need to worry about the retention rate. Even Wall Street elites have a high usage rate of this software and will take out their mobile phones to shake it from time to time. After a shake, it turned out to be my boss...

The valuation of a company is nothing more than considering a few aspects;

Users and profits!

WeChat has 500 million users. This is calculated by the umbrella company itself. Wall Street does not have specific information yet, so we can only use this number to estimate;

Secondly, WeChat has just been launched and is not yet profitable, but this does not hinder the vicious eyes of Wall Street. They can see that this software will make a big difference in mobile payment. Secondly, this software is very good;

Then there is the popularity of the industry.

Instant messaging + payment + artificial intelligence are all very popular projects recently. WeChat integrates the three, and it does not appear bloated. On the contrary, it is perfect and the valuation can be improved a lot;

Consider WeChat, which is actually a huge platform. It has hundreds of millions of users, where you can shop, download games, and pay various fees. This is a platform and a channel;

We also need to consider the credibility and reputation of WeChat;

WeChat promises that if money from WeChat users is stolen, they will pay full compensation;

The reputation of WeChat, that is, Umbrella Company, is very good. This can be seen from Umbrella Game Company;

In fact, Umbrella Game Company has always been a company that Wall Street is relatively optimistic about.

"War Tribes" and "Glory" are popular around the world. "War Tribes" alone has revenue of more than 1.2 billion in August. Now September is not over yet, the revenue has exceeded 1.9 billion and is expected to exceed 2 billion;

Not to mention the PC game "Glory", which continues to be popular in many countries, and its revenue is no worse than that of "War Tribes".

This is a signboard of the Umbrella Company, a cash cow, and a highly profitable machine to support the development of the Umbrella Company.

Therefore, Wall Street’s valuation of umbrella companies is: 10 billion US dollars, which is about 68 billion soft girls;

Among them, WeChat accounts for 6.6 billion U.S. dollars, which is equivalent to 45 billion for soft girls; because WeChat has not yet made a profit, and secondly, it has just been launched. It uses servers, artificial intelligence, and new communication technology patents, and it is not yet confirmed whether it belongs to an umbrella company.

Therefore, the valuation is relatively low. If these patents are included, the valuation will be higher;

The game companies under Umbrella account for 3.4 billion US dollars, which is equivalent to 23.1 billion for soft girls. This valuation actually completely underestimates the Umbrella game company.

The Umbrella Game Company's revenue alone for one year may exceed this number, and next month the Umbrella Game Company's revenue may exceed 3 billion, in just one month!

But one thing is that Umbrella Games is also too young. The games it launches are indeed high-quality and very popular, but this does not guarantee that it will remain popular.

If there are a few more games, or a large game proves the ability of the umbrella game company, its valuation will be even higher.

Overall, Lin Yu is now worth more than 110 billion.

According to the statistics of Forbes Global Rich List and Hurun Rich List released this year, Lin Yu's net worth is probably ranked around 62nd in the world, while Lin Yu and his team are ranked fifth, with a net worth of 5,600. 100 million!

The first one on the list is Bill Gai, with 740 billion. After China cracked down on piracy, his net worth has skyrocketed and has exceeded 100 billion US dollars!

In China, Lin Yu’s net worth ranks around eighth!

In front of him was the Zong family of the Wow Wow Group, 112 billion!

However, Lin Yu's current ranking will rise when the Hurun Report and Forbes Global Rich List are re-calculated. It is only the end of September, and there are still several months before these two statistics are released.

To know Lin Yu's net worth, it only took a few months from inheriting 10% of Qianda's shares to reach the current net worth of 110 billion.

Wall Street statistics are also reprinted and reported in China;

[Wall Street statistics show that WeChat is valued at 45 billion, and Umbrella Game Company is valued at 23.1 billion! 】

[Lin Yu, it took only a few months to become worth 100 billion! 】

[Lin Yu——The Bill Cover of the East! 】

[Lin Yu will be the most promising person to surpass Bill Gates and become the richest man in the world! 】

Accidentally, #LinYu#, #千亿worth#, #微信#, and several other topics have already taken over a small amount of people.

All major portals are reporting on this matter.

Even many local news have reported that Lin Yu, a young man who aspires to surpass his father and become the richest man in the world, has achieved the goal of worth 100 billion in just a few months, and is hailed by Wall Street as the most promising to surpass Bill Gates. The man who became the richest man in the world.

He is only eighteen years old!

In the evening, after Li Yun had a good rest, she found Lin Yu and prepared to go home. It seemed that Lin's father had something to do with him and he happened to go back for dinner.

At nine o'clock, when we returned to the villa, Mother Lin had prepared dinner, which was quite sumptuous.

Lin's mother was very satisfied with Lin Yu. This brat has attracted a lot of attention recently.

But this is a bit too high-profile. Originally, Lin's father's title as the richest man in Asia was enough to attract attention. As a result, Lin Yu is now worth hundreds of billions and ranks among the top ten richest people in China.

The so-called big tree attracts the wind...

"Let's eat first, I'll talk to you later!"

At this time, Father Lin came down from the study room upstairs and asked Lin Yu to eat first so that he could talk to Lin Yu about the company.

After dinner, Lin's mother and Li Yun cleared away the dishes, while Lin Yu went to the study with Lin's father.

"Sit down." When he walked into the study, Lin Yu asked Lin Yu to sit down and said, "You have been so popular recently. I always thought that when you said you wanted to surpass me and become the richest man in the world, you were just talking. I didn't expect you. You gave me such a big surprise."

Father Lin looked at Lin Yu with some relief and emotion.

When Lin Yu founded the umbrella company, he thought Lin Yu was just playing around and accumulating some experience. After the business failed, he would know how difficult it was to start a business, so he sent him to the company for training and then succeeded him.

Unexpectedly, Lin Yu actually started his umbrella company, and it was very successful.

If the previous novel networks, video networks, and entertainment companies were just for fun, then WeChat is really the beginning of the explosion.

From scratch, Umbrella Company has grown into a company with a market value of over 60 billion in just a few months. Even Father Lin has to admire it!