Resource Tycoon Reborn

Prince Khalid bin Talal Al Saud is a well-known entrepreneur and investor in the Middle East. He is famous in the world's upper class for his net worth of thirty to forty billion U.S. dollars and many investment cases. He is a CEO of Citibank

The largest individual shareholder is the second largest shareholder of News Corporation. He owns shares in Apple and also owns shares in many world-renowned companies. Fang Mingyuan is not familiar with him, but he is definitely not a stranger. He has a few acquaintances.

We are strangers who know each other a lot.

Prince Al Saud's villa is located in Kumamoto Prefecture, Kyushu Island, Japan. It is a completely Japanese-style courtyard, and there is a hot spring in the villa. As we all know, Prince Al Saud is a successful person who enjoys life very much.

His life is full of luxury, and his huge assets can fully support his consumption.

"Your Highness, the representative of Airbus would like to apologize to you. Due to repeated delays in Airbus's test flights, the delivery time of the A380 passenger aircraft you ordered has to be delayed than originally planned. However,..." His

The secretary stood at the edge of the pool and bowed to Prince Al Saud. Prince Al Saud waved his hand with a somewhat unhappy look on his face, and the secretary kept silent knowingly, and then withdrew.

After a while, a faint sigh came from Prince Al Saud from the hot spring. Airbus's delay in the delivery time of the passenger plane was not completely unexpected to him, because the delay in the test flight of Airbus's A380 passenger plane had already affected the A380

Delivery of passenger planes. Think about it, even those airlines that have had many years of cooperative relations with Airbus cannot successfully obtain the reserved passenger planes. Why does he have to be angry? In fact, what he cares about now is

, the subprime mortgage crisis that has shrouded the financial world in the United States and even the world is becoming more and more intense. Even Citigroup has now shown a clear decline and has fallen into a quagmire and is unable to extricate itself.

Prince Al Saud is an important shareholder of Citigroup. He holds almost 15% of the shares of Citibank and is the largest individual shareholder of Citibank. The process by which he obtained these shares is still talked about today.

It was his two investments in Citibank that added tens of billions of dollars to Prince Al Saud's identity! Prince Al Saud's vision has since been recognized by the world.

Citigroup is recognized as one of the most successful financial services groups in the world, not only because it continues to occupy a leading position among the companies with the highest profitability and growth rate in the global financial services industry, but also because it is the most globalized company in the world.

Financial services chain company, its business spreads all over the world. And people generally believe that in the business world, the larger the scale of the company, the more capable it is of fighting the economic crisis. As long as the company can be built into an aircraft carrier level, then the wind will blow.

No matter how hard it rains, it is impossible for a company to capsize in a short period of time, leaving enough time for managers to make adjustments. As a model of financial mixed operation, the century-old Citigroup is undoubtedly such an unsinkable ship.

aircraft carrier.

Although Citigroup has suffered heavy losses since the outbreak of the subprime mortgage crisis, people still stubbornly believe that these losses are just temporary setbacks for Citigroup, which has deep pockets and operates in many fields.

That's it. But insiders know that this time Citigroup's life is not as leisurely as people think! Not to mention that Citigroup suffered heavy losses in the Madoff scam, not many people would think of Citigroup's losses after the outbreak of the subprime mortgage crisis.

He, an important shareholder and director of Citigroup, knows better.

Before the subprime crisis broke out, as the U.S. real estate market had been booming for many years, "mortgages" had also become a high-return high-quality business in the eyes of many banks. Wall Street took advantage of this opportunity to launch asset-backed securities, mortgage-backed securities, and debt securities.

There are a lot of high-return financial derivatives such as mortgage-backed securities. Citigroup is one of them.

It can be said that the subprime mortgage crisis sweeping the United States has implicated almost all financial giants in the United States. Citigroup is also one of them, and it is one of the ones with the heaviest losses. What is even more troublesome is that Citigroup

The company is different from other companies that caused huge losses because the underwritten business was not sold. Citigroup is not only a middleman, but also a taker! In pursuit of higher profits, Citigroup also bought a large number of financial derivatives.

Products, totaling nearly 100 billion US dollars!

Although these assets do not mean that they will be completely lost in the future, at present, the sharp shrinkage of these assets will undoubtedly bring huge trouble to Citigroup in the future. Bear Stearns has become a ***

The vassals of ***** Company may not take more than two or three years to be swallowed up by ********* Company. Prince Al Saud dare not say that the future of Citigroup will be

It will definitely be better than Bear Stearns! Today, even Citigroup itself is not sure how much the company will lose in the subprime mortgage crisis in the future!

When he thought of this, Prince Al Saud couldn't help but twist his brows. For him, Citigroup is not only a company with a net worth of tens of billions of dollars, but also his best upper-class ID card.

.The title of a member of the Middle Eastern royal family is not unimpeded everywhere, not to mention that he is not a core member of the royal family. If a miracle does not happen in the future, he will not be able to inherit the throne, so he is a shareholder of Citigroup.

The identity of a concurrent director will be respected in every country in the world. Therefore, he cannot allow Citigroup to go as far as Bear Stearns!

Among the directors and shareholders of Citigroup, he is not the only one who sees the huge risks that may exist in the future, but everyone has different opinions on how to change the results that may occur in the future. Prince Al Saud also

Too lazy to talk to those guys.

In Prince Al Saud's view, Citigroup's biggest crisis is not how much it will lose in the future, but that people have lost confidence in its future! Even if it loses 30 to 50 billion US dollars, it is indeed an astonishing figure.

But it is nothing more than the sum of profits of Citigroup in a normal year. Prince Al Saud believes that although this crisis will cause huge economic losses to Citigroup, it will not make Citigroup collapse.

This is how he believed, and he successfully acquired almost 15% of Citibank's shares. Today, he still believes in this. But it is useless no matter how confident he is in Citigroup, he is just the biggest individual

As a shareholder, he only holds 15% of the shares. The subprime mortgage crisis has also made other companies under his ownership tight. Even if they have funds, it is difficult to mobilize them on a large scale.

At this time, the news of "Fang"'s first global public appearance at the premiere of "Tangshan Earthquake" made his eyes light up. Although he was not familiar with Fang Mingyuan, he had met him several times.

And he also knew the details about Fang Mingyuan. Prince Al Saud suddenly came up with the idea that if at this time, Fang Mingyuan could be persuaded to take a high-profile stake in Citigroup and become its director, it would be very important for stabilizing Citigroup.

The vast number of customers of the group company are undoubtedly extremely beneficial.

Fang Mingyuan exposed the Madoff scam. Fang Mingyuan has shares in the Second Gulf Bank. Fang Mingyuan is the president of Kuok Shipping Group and Hong Kong Kumho Film Group. Fang Mingyuan is a shareholder of Microsoft. Fang Mingyuan is also a shareholder and director of HSBC Holdings Co., Ltd....

...The important thing is that Fan Mingyuan has never had any substantial investment failure that caused serious losses in these years, and he does not lack funds! If such a person can join Citigroup and become a shareholder and director, Citigroup will

What else do the company's customers have to worry about? As long as people's hearts can be stabilized, other problems can be solved by Citigroup.

It's just that although his idea is good, he doesn't have the confidence to convince Fang Mingyuan. Although in the eyes of the world, the history of his fortune as Prince Al Saud is already a legendary history, he himself knows that it is comparable to Fang Mingyuan's rise.

In comparison, it's nothing. And how could someone who could support Nuo Da's family business with his own efforts be a weak-minded person! Fortunately, Fang Mingyuan did not refuse his invitation and had already agreed.

Come to Japan to meet with him. Even if he cannot be persuaded to invest in Citigroup, the two can deepen a good personal relationship, which is a good result.

Of course, Fang Mingyuan would not refuse the meeting with Prince Al Saud. At first glance, he had already guessed a bit of Prince Al Saud's "intention". For Citigroup, it would be absolute nonsense to say that he is not interested! Although

He has become a shareholder and director of HSBC Holdings Co., Ltd., but who stipulated that he cannot become a shareholder of Citigroup? Although Citigroup will definitely have a hard time in the next two years, he is still very happy.

I am optimistic about its future. Secondly, Prince Al Saud’s influence in the Middle East is quite large. It can be said that it is no less influential than Prince Abdullah and His Highness Maktoum. Moreover, he is also a generous philanthropist. He runs a

When traveling to Japan, he must show some face.

Many friends and many paths, Fang Mingyuan has always done this. If he could bring Prince Al Saud into his ally camp, Fang Mingyuan would be so happy that he would laugh even in his dreams at night.

It can be said that Fang Mingyuan had this meeting with Prince Al Saud with good intentions. (~^~)