Reborn Tycoon Rise
Chapter 378 The Economic President of Bangzi Country
"I know, I will take this part of the responsibility in accordance with business rules." Xu Zhi nodded.
Disney's current main assets include the image copyrights of various animated characters, the patent rights of countless movies and TV series, and the two major Disney animation parks in the United States.
Disneyland in Anaheim, California, was established in 1955 and covers an area of 206 hectares.
The Walt Disney World in Orlando, which opened in 1971, is even more terrifying, with an area of 124 square kilometers. With such a large area, even an ordinary farm is a huge property.
In addition to the huge daily ticket revenue, these two parks also have shopping malls, hotels, golf courses, resort hotels, etc.
To be precise, Disney is actually a real estate company.
Although these two parks look like two huge money printing machines, what is not known is that they are also huge gold-eating beasts. Disney spent a huge amount of money to build these two parks, such as The total construction cost of Walt Disney World was $766 million.
$766 million in the 1960s!
Coupled with the U.S. economic recession in the 1970s, bank interest rates skyrocketed, and such a huge park also required staggering maintenance costs every year. Therefore, the entire Walt Disney World has been in a state of loss every year.
This is why the U.S. side is only licensing the brand for the upcoming Disneyland in Japan, with an investment of US$2.5 million in the entire project, and there is basically no income from shares.
But this is also the failure of the Disney Company. After the opening of the Japanese park, business was booming, but Disney could only collect a pitiful licensing fee.
Corey thought for a while, nodded and said, "Okay, Mr. Xu, I can't decide this matter. When I return to the headquarters, I will report it to the board of directors for a decision."
Xu Zhi shook hands and smiled: "No problem, thank you Mr. Curry!"
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Involving a multi-billion dollar transaction, Currie naturally did not want to waste time by staying in Los Angeles. After bidding farewell to Xu Zhi, he returned directly to New York and reported the matter to the Goldman Sachs board of directors.
Goldman Sachs naturally attached great importance to this, and arranged for several groups of inspectors to come to observe Best Buy. They also carefully considered this new retail model. Finally, a week later, the board of directors agreed to the plan.
The reason is simple. Although the first batch of funds is as high as 1 billion U.S. dollars, it is not a one-time payment. Instead, it will allocate 200 million U.S. dollars to build the first batch of chain stores. Goldman Sachs will also decide based on the operating conditions of these chain stores. Subsequent loan programs.
Anyway, it is only 200 million US dollars. Even if it is a total loss, Goldman Sachs will not worry that Xu Zhi will not be able to repay the money.
As for Disney's acquisition, Goldman Sachs is even more excited. Once such a large-scale merger is completed, the profit will be in the amount of 100 million US dollars. However, there are too many troubles involved and must be solved step by step.
After getting the results he wanted, Xu Zhi left the United States. His main purpose this time was for Best Buy's subsequent expansion plan, which was related to his important future layout in the entire electronics industry.
The acquisition of Disney is the most important step in the cultural field. Once it succeeds, he is sure to make Disney even more successful than later generations. However, after all, this is the most famous cultural company in the United States and was once owned by Americans. Proud, it must be very difficult for a Chinese to acquire it alone. At this time, large financial institutions in the United States must take action to overcome all political obstacles. He only needs to pay an invisible handling fee. Compared with real This cost is nothing compared to the profits that can be obtained from a successful acquisition.
The original plan was to return directly to Xiangjiang, but he received an unexpected invitation letter, so the plane took a detour and went to South Korea.
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In the 1980s, although South Korea had not yet entered a developed country, its per capita GDP income was already seven times that of the mainland at that time and reached one-fifth of Japan's level.
However, this does not mean how high the living standards of ordinary people in South Korea will be.
This is an extremely polarized country. Starting in the 1950s, in order to develop the economy, the South Korean government decided to fully support several large enterprises, intending to use these enterprises as the main body to drive national economic development and compete internationally with large overseas companies.
Several top companies have received huge low-interest loans and preferential policies from the government. Within two decades, they have developed into entities that can compete with overseas giants. However, capital will not be satisfied. While developing, these companies It has gradually become a super consortium that monopolizes all major industries in South Korea, and the entire social class has begun to be fixed. Latecomers have almost no chance to rise. All the people have become flags under the consortium, exerting their remaining heat. , contribute to the development of the consortium.
In the 1960s, the Korean government even ordered that people not be allowed to purchase non-essential overseas goods to ensure the development of Korean companies and its own foreign exchange reserves.
But then other countries complained and this regulation was cancelled. However, the strategy did not change. The method was to change from hard to soft and adopt a "patriotic" method to kidnap domestic people. Buying domestically produced products is patriotic, and vice versa. Traitorism, this kind of public opinion forces ordinary people in South Korea to buy their own inferior products at high prices. This is also the fundamental reason why many consortiums in South Korea are able to suck blood and grow.
Therefore, many Koreans refer to people from the 1950s to the 1970s as the "sacrificed generation."
Among the several major consortiums that monopolize South Korea, Samsung is the most famous!
In the 21st century, the name Samsung Electronics is almost universally known, but in fact, the electronics business is only the largest subsidiary of Samsung.
Samsung Life Insurance, a subsidiary of Samsung Group, almost monopolizes the entire insurance business in South Korea. In terms of scale, it is enough to enter the world's top 500 companies. Samsung C\u0026T is the largest property owner in South Korea, equivalent to Land’s position in Hong Kong.
In addition, Samsung Group also includes machinery, chemicals, finance, hotels, hospitals, etc...
To describe it in one sentence, no one in South Korea can do without Samsung. The ruler of Samsung is even called the economic president of South Korea, while the heads of other consortiums are the economic cabinet ministers.
The person who invited Xu Zhi to come to South Korea was the current chairman of Samsung, Li Bingzhe, who is also the founder of Samsung Group.
Although in later generations, when everyone mentions Samsung, they all think of its second-generation leader Li Kunxi, but compared with the second generation of rich people who have carried forward the success, it is the rich generation who can start from scratch during the war and develop the company into the number one in the country. A more admirable character.
There are many opportunities for Samsung's growth. As early as World War II, Li Bingzhe founded Samsung and entered the brewing industry. Later, due to the war, the company fell into crisis.
After World War II ended in 1945, Lee Byung-cheol continued to engage in brewing and at the same time entered the sugar industry. With the huge military supplies of the Korean War, Samsung's assets increased 20 times.
After the war, Li Bingzhe saw the needs of Korean agriculture, entered the fertilizer industry, and made huge profits from it.
Subsequently, Samsung was selected by the South Korean government and became a key support target. Under the dual effects of policies and capital, Samsung has entered all walks of life in South Korea and gradually developed into the largest super consortium in the country, known as the great white shark of the Korean industry.
If you are an ordinary entrepreneur, your company develops into the number one in the country, and your decisions can affect the policies of the entire country. This status is enough to satisfy most people.
But Li Bingzhe was completely different. He was not satisfied, especially in the field of electronics. In the early 1970s, Samsung was just a low-cost OEM for Japanese companies such as Sanyo, Panasonic, and Sony, and could not even make color TVs.
In order to change this situation, Lee Byung-cheol proposed "the approach of developing cutting-edge technology." Samsung Group invested heavily in developing cutting-edge technology. Later, it unscrupulously introduced advanced technology from the United States and Japan, and not only achieved success in the field of color TVs , and even caught the Japanese by surprise in the semiconductor field.
Daegu, South Korea, is the headquarters of Samsung Electronics.
The car slowly stopped at the entrance of the building. At this time, there were already some people waiting for the distinguished guests in front of the main entrance.
"Mr. Xu, welcome to Samsung Electronics." As soon as Xu Zhi got off the car, the Koreans bowed and shouted in unison.
Among the crowd, the only person Xu Zhi knew was Li Jianxi. He walked over with a smile and said, "Mr. Xu, this is my father, Mr. Li Bingzhe."
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