Rebirth of the Super Landlord
One hundred and one unexpected surprises
Su Zhen looked at the bustling streets of Manhattan through the car window. This was his second visit to New York. As the first stop in the United States, he still had a good impression of the largest city in the United States.
When Su Zhen arrived at the Citigroup headquarters building, Sandy was already greeting him downstairs. Although Sandy was the president of Citibank, he was just a senior wage earner. If Su Zhen's negotiation went smoothly, he would get 0.1%
Citigroup shares, then Su Zhen is one of his bosses.
Su Zhen also got to know the president a little bit before coming here. Speaking of which, Sandyville is not a simple person. Last year, Citibank and Travelers Group successfully merged to form the new Citigroup.
Travelers Group is also a large credit company with a market capitalization of tens of billions, but ten years ago this
The credit company was on the verge of bankruptcy. It was Sandyville who rebuilt such a company with a worrying future into a financial giant on Wall Street. It was also he who successfully promoted the merger of Citigroup and Travelers Group.
He pushed Citigroup to its peak and successfully served as the CEO of the new Citigroup.
Under the leadership of Sandy, the group arrived at the conference room of the group headquarters, where members of the board of directors had been waiting for a long time.
For some small companies, one thousandth of a share means nothing, but for a behemoth like Citigroup, it is already a relatively big change. You must know that the major brands of Citigroup (including Citibank
, Travelers, Smith Barney, Citi Financial, Citi Life, Primarika) there are thousands of shareholders. You can imagine to what extent the shares have been diluted, especially since what Su Zhen replaced was not one of its brands.
Shares are group shares, so they must go through the board of directors.
After some bargaining, Su Zhen finally succeeded in acquiring one thousandth of the total equity of Citigroup and another thing with EBAY, 16% of the shares. Since then, Citigroup has officially become the second largest shareholder of EBAY, and Su Zhen is the third
Three major shareholders.
The news appeared in major business media in the United States the next day. EBAY's stock rose by more than 10% that day, and Citibank's stock also rose a lot. As a result, before the news had passed, it broke again a few days later.
The Morgan Group successfully acquired 10% of the shares from EBAY founder Omidyar for US$1.8 billion, becoming the fourth largest shareholder of EBAY.
Now, EBAY, whose stock price had skyrocketed due to the booming Internet market, set off a surge of growth. In less than a week, its market value exceeded 20 billion, setting another historical record.
Although Su Zhen paid a high price in the share exchange with Citigroup, he also won the favor of Citigroup shareholders. Therefore, Su Zhen paid an extra 1% of the shares and obtained a huge piece of land.
This is a huge piece of land located in Wyoming, covering an area of more than 200,000 acres. This land includes large tracts of pastures, farms and mountains. This land was once mortgaged by a wealthy man to Citibank as a loan mortgage a few years ago, but due to investment
Failure, this land naturally belongs to Citigroup, but Citigroup got this land, but established a hot potato, run it yourself, Citigroup has no agricultural projects, sell it? It’s so big
People who want to eat a piece of land can't eat it, and people who can eat it don't want to eat it. Let's divide it and sell it. It will cost more manpower and material resources. It is more cost-effective to run it by ourselves. As a result, there is no unified opinion, and the matter of this land has been delayed.
It has become a burden. For this reason, Citibank has to pay a large amount of land tax for this land every year. However, at this time, Citigroup was short of everything except money. Gradually, the members of the board of directors basically forgot
This time.
When we were at the board meeting, if one of the directors hadn't mentioned it, no one else would have remembered it. When Su Zhen learned about this land, he immediately became interested. Wyoming! Yellowstone Park! Hot springs, Wyoming.
Because of the existence of the Yellowstone volcano, Wyoming is very rich in hot spring resources. Wyoming is also famous for its vast land and sparse population. Most of the area is dominated by grassland, which is also very suitable for the development of animal husbandry.
Of course, the price of this land is also very high. The asking price was 150 million, but a discount was given. Su Zhen obviously did not have such a lot of funds, but he was extremely eager for this land, and finally reached an agreement to exchange 1% of EBAY's shares.
This vast piece of land was acquired, but this 1% stake was a supplementary clause, and it would not officially take effect until Su Zhen conducted an on-site inspection. However, Citigroup was not worried about this, because all the information showed that
It is an absolutely excellent land.
So after signing the agreement, Su Zhen couldn't wait to rush to Wyoming with his people.
On the plane, Su Zhen carefully looked at the detailed information on the land provided by Citi.
Wyoming is located in the Rocky Mountains region of the western United States. The terrain is high in the west and low in the east. There are rolling mountains in the west. The famous active volcano park, Yellowstone Park, is there, and the land Su Zhen is located in the eastern prairie region.
In fact, this land is not as fertile as his land in Illinois, because Wyoming itself is a relatively dry area, but this is not a big problem. In fact, this is the case in many livestock continents in the United States. As long as the time comes
Establishing a complete irrigation system generally does not lead to
There is a large area of drought, and Su Zhen's land has several relatively small lakes and several rivers passing through it. It is also one of the most high-quality land in Wyoming. The price is worth it, after all, this area is
There, and more importantly this land is completely connected,
You must know that although there are many pastures in the United States, it is rare to see them connected to a large area like this. So just looking at the data, Su Zhen has basically decided to acquire this land. What is interesting is that from the data, it is seen that in
Not far from this land, there is a larger pasture with an area of 550,000 acres. Its owner is the famous sports tycoon and future owner of the British Arsenal Club Stan Kroenke.
In his previous life, that was an existence that was out of reach of him, but now he can be regarded as his neighbor, and it seems that his current net worth is not much lower than that of his opponent. When can he start a team or something for fun.
It was already getting late when we arrived at the place. Su Zhen and his team composed of Rachel and others planned to stay in the town for one night and rent a helicopter to see the ranch tomorrow. The ranch of more than 200,000 acres was too huge.
Well, that's equivalent to 800 square kilometers of land. Driving is obviously a waste of time, and the field of view is not as vast as on an airplane.
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