Reborn as a tycoon in Hong Kong
Chapter 753 Dinner and chat (two-in-one)
At night, in a high-end restaurant in Manhattan.
"Cheers!"
Lin Baicheng, Phil Smith and Anna Nord Smith, Claure Rockefeller, Logan Rockefeller, and Abigail Johnson raised their glasses.
In this high-end restaurant, only Lin Baicheng and the six of them were there. There were no other guests. Even the waiter was standing far away, waiting to be called.
Barry Diller is not here, and he was not invited to the dinner tonight.
For Lin Baicheng and others, Barry Diller is not yet qualified to enter their circle. Only after Barry Diller develops and expands the broadcasting company and becomes an important senior executive of the media and television network, will he be accepted by others. , become a member of the circle.
Lin Baicheng took a sip of red wine and then cut the steak.
"Alan, in two days your charity fund will be released to the public and the opening ceremony will be held. You will spend more than 30 million US dollars for charity at once. This is really a big deal. You will definitely make a sensation in the United States by then."
Claure Rockefeller said aloud, and his words were not an exaggeration at all. Although many wealthy people have established charitable foundations and even made large donations, who knows who? Most of them use the name of charitable funds to avoid taxes and will Wealth is passed on to future generations in disguised form.
Some rich people do intend to do charity and will allocate part of their funds to truly do charity, but most of them don't even do anything to save face, or they just make a small appearance.
Lin Baicheng spent more than 30 million US dollars for charity. If the real money is used, many people will benefit. No matter what kind of charity he does, it will make a lot of noise, and then the media will publicize this. Lin Baicheng's name as a philanthropist will definitely spread across the country.
"I can't imagine that it is a sensation all over the United States. I will be satisfied if I can really help some people."
Lin Baicheng smiled. He knew very well that since more than 30 million US dollars in charity funds were given to Reagan to decide the direction of charity, and Reagan was invited to stand on the stage on the opening day, then the Reagan team would definitely connect the charity with Reagan. Lin Baicheng's reputation is not that great.
Lin Baicheng is Chinese and Reagan is white. To Americans, Reagan is one of them. Lin Baicheng is sure that when both of them are linked to charity, Americans will be more willing to accept Reagan's favor.
Therefore, in Lin Baicheng's view, it is unlikely that he will make a splash in the United States, and it is good to gain some good reputation.
Of course, this time it was to support Reagan's campaign, so Lin Baicheng didn't mind giving up some reputation. Anyway, after Reagan took office, he would always get rewards.
"Alan, I heard you say that after the establishment of the charity fund, a large amount of money has to be allocated for charity every year, and the charity must be implemented in a practical way. Isn't this too stressful for you?"
Phil Smith couldn't help but say that there are two different concepts between spending more than 30 million US dollars for charity at one time and tens of millions of dollars for charity every year. Otherwise, the pressure will be even greater.
"It's okay, I can't say there's much pressure."
Lin Baicheng shook his head: "First of all, the funds used for charity can be tax-deductible, so you can spend less money. Secondly, it is not so much pressure as it is motivation, the motivation that urges me to keep making money. .”
"That's very well said! Allen, I respect you!"
Upon hearing this, Abigail Johnson picked up the goblet and greeted Lin Baicheng.
"Thanks!"
Lin Baicheng raised his glass and clinked it with her.
Everyone chatted while eating, and raised glasses from time to time.
While chatting, Logan Rockefeller said: "Allen, do you think Barry Diller can really develop a TV network? When he acquired the first TV station, he asked us for help. In the future, he will only ask for our help. I’m afraid it’s quite a lot.”
"No, there's no reason to help often."
Lin Baicheng waved his hand, glanced at the others, and said with a smile: "Barry Diller still has the ability, as evidenced by his previous achievements at Paramount, so I believe he can complete our plan and bring Television networks were organized to grow the broadcasting company.”
"We'll give him a few more chances. If he really can't do it, we'll discuss substitutions. He's by no means irreplaceable."
Lin Baicheng reassured others that he would not continue to support Barry Diller unconditionally just because he recommended him.
When Claude Rockefeller saw this, he immediately said: "Logan is not questioning President Diller's ability, he is just a little worried."
"We have to trust Allen's vision, he will not see the wrong person." Abigail Johnson said.
Logan Rockefeller also said: "Of course I believe Allen, that's what he said just now."
"Guys, I want to enter the real estate industry. Do you think it would be better for me to enter residential real estate development or office building development?"
Seeing this, Phil Smith changed the topic and found a topic to talk about, while listening to other people's opinions.
"Smith, I remember your family is not in the real estate business, right?"
When a few people form a circle, it doesn't matter if they are already familiar with each other. For example, if Abigail Johnson and Phil Smith didn't know each other at the beginning, they will definitely investigate each other's basic information and the family business. Business Scope.
Apart from anything else, if two companies are operating in the same industry, it is basically impossible to become friends, and they are more likely to become competitors in the future.
Phil Smith explained: "Anna's family is engaged in real estate, and her father is willing to take me, so I want to enter this industry and work hard."
"In my personal opinion, whether it is developing residential buildings or office buildings, as long as there are no problems with the location and the quality of the buildings developed, then it can be developed regardless of the type. In the long run, it is just a matter of making more money or less."
Lin Baicheng said aloud that he actually didn't know much about the real estate economy in the United States. He only knew that in 2008, a real estate bubble appeared in the United States amid the subprime mortgage crisis.
However, since a bubble has appeared, it means that before the bubble burst, the real estate industry was rising, and it rose so much that a serious bubble appeared.
Furthermore, even if you don't know this, as long as you know that the U.S. economy will develop very well in the next few decades, you can infer that the real estate industry is not much different.
In any country, as long as the national economy develops well, the food, drink, housing and transportation industries that are closely related to people will develop well.
Anyone who has money must consume.
Claure Rockefeller said: "I think the direction of development should be determined based on the land available. Some areas may be suitable for residential development, and some areas may be suitable for office building development. The specific development depends on the location of the land. decided."
"I know that."
After hearing this, Phil Smith said: "This is how I think about it. First decide the type of project to be developed, and then recruit relevant talents and choose a suitable location to buy and develop."
Claude Rockefeller nodded: "It's a matter of choosing a direction."
"I don't know anything about this industry."
Abigail Johnson said: "Isn't Allen's Hutchison Whampoa engaged in real estate development? I think Allen can give you more advice. Although one is in Xiangjiang and the other is in the United States, I still want to use it as a reference. No problem."
“Hutchison Whampoa doesn’t just do development.”
Lin Baicheng smiled and said, "Hong Kong is different from the United States. The former has less land and more people, while the latter has more people and less land, so it is not suitable for comparison."
"Although the economic development of the United States in recent years has not been very good, I am optimistic about the future economic development of the United States. Therefore, I think that no matter what you do, as long as you do it well, you can make money."
In Lin Baicheng's view, choosing the right industry is very important, but one's own strength is even more important. Otherwise, even if you choose the right industry, you will be defeated by other competitors in the same industry.
"Alan, if only making money was as easy as you said."
After listening to Lin Baicheng's words, Logan Rockefeller couldn't help but said: "I don't know what other people are like. Anyway, I think making money is not easy, and not all businesses can be successful. Once you fail, you will lose not only the money you invested, but also your self-confidence." Heart, energy, time, etc.”
"Alan is so powerful, how can he know the difficulties of ordinary people like us."
Claure Rockefeller half agreed and half ridiculed, saying that he knew that he was not a genius and could not compare with legendary figures like Lin Baicheng and his father.
Yes, Lin Baicheng is a legend now.
In the eyes of the outside world, Lin Baicheng has a net worth of more than 20 billion US dollars in just over two years. He is not a legend or anything.
"Hey, are you trying to denounce me?!"
Lin Baicheng joked with a smile and raised his glass, and the others also raised their glasses when they saw this.
"Ding!"
He raised his head and took a sip of red wine before putting it down.
Lin Baicheng looked at Logan Rockefeller and said, "Logan, have you ever thought about starting your own business?"
"Start a business? Let's forget it."
Logan Rockefeller shook his head: "I am still self-aware. I am only familiar with the oil industry. I will not go into other unfamiliar industries to give money. And in the oil industry, who can be Mobil's opponent?"
"Don't compare yourself to Mobil."
Lin Baicheng listened and said: "How many companies in the world can compete with Mobil? To put it bluntly, no matter how well Mobil develops, it has little to do with you. At most, you can become a senior executive of Mobil, and you may not have any rights. It’s less, but the company’s profits have little to do with you.”
"If you start your own business, even if the company's size is only one-tenth or even one-twentieth of Mobil, as long as you are the company's major shareholder, you will definitely get more benefits than staying at Mobil."
This is like a senior executive in a trillion-dollar company, whose combined annual income of equity incentives and bonuses is only tens of millions; a shareholder in a tens-billion company, even if he only has 10% of the shares, is worth one billion, and he can earn even more many.
Phil Smith said: "Alan, starting your own business is risky."
“With risks, there are more profits!”
Lin Baicheng does not deny the risks of starting a business. Being a senior executive in a large company guarantees income even if the company goes bankrupt. To put it bluntly, even if the company goes bankrupt, the senior executive will not lose a dime and is just looking for another job.
"I'm just not entrepreneurial material."
Logan Rockefeller shook his head, and then said with a smile: "But by investing with Allen, I can start a business, and I don't have to work hard on my own, which is great."
"Logan you could try becoming a venture capitalist, like my dad."
Abigail Johnson said that her father was an expert in venture capital, and it was her father who accumulated most of the Johnson family's wealth.
"Mr. Johnson is a legend, I can't compare to him."
Logan Rockefeller is still very self-aware. He can make money by investing with powerful people, just like he is investing with Lin Baicheng now, but he can be a venture capitalist by himself. He doesn't think he has such a good vision.
If you really do it yourself, you are more likely to lose money.
Time passed slowly as the six people chatted, and the six of them finished their dinner.
After dinner, the six of them sat and chatted for a while, then left the restaurant and went their separate ways.
Lin Baicheng went directly to the apartment on Fifth Avenue, which was the closest, and returned to the apartment not long after.
Maori Haruko was in the apartment. It was rare that she and Lin Baicheng were in the same city. Of course she wanted to be with Lin Baicheng every night. She also wanted to give Lin Baicheng a son and a half, but it was a pity that her belly was always weak.
Two days flew by.
During these two days, Lin Baicheng handled the affairs of the company in New York and took care of the official business first.
This day is June 27, Friday, which is the opening day of the charity fund.
Star \u0026 Cheng Charitable Fund is the name of the charity fund established by Lin Baicheng's wholly-owned enterprise. The funds come from Golden Fleece, Venus TV, Starlight Company, etc.
Here in the United States, Lin Baicheng plans to establish two charitable funds, and the Star \u0026 Cheng Charitable Fund is just one of them.
Another charity fund, resources come from companies whose corporate control is controlled by Lin Baicheng, such as New Century Software, Morningstar Pictures, Marvel Comics, etc.
Because Lin Baicheng does not hold 100% control of these companies, or has given stock options to the management, Lin Baicheng must consider the interests of other shareholders. He does not say that he can use as much money as he wants from the company for charity. He needs to discuss it. And taking into account the interests of other shareholders, not taking too much away.
Therefore, this charity fund is still in the establishment stage, and it is still discussing with other shareholders how much money is appropriate for charity. After the funds are determined, the company name will naturally be determined and will be announced to the public at that time.
Whether it is the Star \u0026 Cheng Charitable Fund or another charity fund under establishment, Lin Baicheng is not planning to raise funds from outside. All donations for the charity fund come from related companies.
The sources of funds for charitable funds are definitely not fixed and may change. Lin Baicheng has already thought about it. If any charity fund does not have enough donations in any year, he can make up for it privately.
In the final analysis, most of the funds for charitable funds come from him. It is nothing more than the difference between corporate funds and private funds. He really wants to do something good.
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