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Happy Tycoon - Chapter 346

Published at 29th of September 2021 01:42:17 PM


Chapter 346: 346

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The next day's signing was held in the morning. In the presence of two lawyers from Baker McKinsey law firm, Henry Williams and David Anderson became the CEO and CIO of key-young investment fund.

Key-young investment fund is one of Yang Jing's seven offshore companies registered in the Cayman Islands. Now Yang Jing has decided to put this offshore company on the front desk. The shareholders of key-young investment fund are the remaining six offshore companies, and the ultimate controlling shareholder is Dragon Fund.

Key-young investment fund is referred to as KY fund for short. Because it is a private fund, all his financial information and shareholder information are kept confidential. Outsiders have no right to inquire about KY fund. They can only know the basic information of the investment fund registered in the Cayman Islands.

After Henry Williams and David Anderson became the first employees and executives of KY fund, they began to establish the personnel structure of KY fund.

As for Yang Jing, he began interviewing senior accountants from major accounting companies.

At present, the pattern of world accounting firms is not the famous "big four" accounting firms in later generations. In 1986, it was the pattern of "big eight" accounting companies dominating the world.

Now the "big eight" have not merged with each other to form the "big four" pattern of future generations. Now the global accounting market is controlled by the eight accounting companies led by Andersen.

In addition to Ernst Whitney, Yang Jing also excluded Andersen, the world's largest accounting company.

Ernst Whitney is the old owner of Mike Allah. Mike Allah has become a shareholder of the Dragon Fund. Naturally, Yang Jing cannot hand over the CFO (chief financial officer) of the fund to the accountant from Ernst Whitney accounting company.

As for Andersen, although this accounting company is currently the largest accounting company in the world, and even after the merger of KPMG, Deloitte and Ernst & young, its scale is not as large as Andersen, Yang Jing really doesn't want to use this accounting company.

As an accounting company, reputation is absolutely in the first place. It is fair, just, not hiding from shareholders and not making false accounts, which is an untouchable bottom line. Although Andersen is the largest accounting company in the world, this accounting company has unshirkable responsibility in the notorious Enron incident in 2001, breaking through the bottom line that all accounting companies can't touch one by one.

How can Yang Jing use such an accounting company?

Others don't know, but Yang Jing knows. If Andersen had not helped Enron to make false accounts, how could the seventh super company among the top 500 enterprises in the United States declare bankruptcy? Why did you pit so many people?

The infamous Enron incident also ruined Andersen's reputation!

Yang Jing doesn't want to give herself eye medicine. Finding a CFO will help others pit herself. Since Andersen has such a "criminal record", Yang Jing will never use the people of this accounting company.

In two days, Yang Jing recruited three senior accountants from the remaining six accounting companies, including Amanda Petrus from PwC accounting company, who became the chief financial officer of Dragon Fund and the first woman among the executives of Dragon Fund.

The other two chief financial officers are two senior accountants from Deloitte halkins Sears accounting company and Yongdao accounting company.

The former is the predecessor of Deloitte, while the latter merged with PwC to become PwC.

Although Amanda Petrus is a woman, she is known for her impartiality and strong principle in the industry. She is a senior partner of PricewaterhouseCoopers. In order to dig the strong woman over, Yang Jing not only offered an annual salary of $1.5 million, but also directly offered a 1% stake in the Dragon Fund.

At first, Amanda Petrus was reluctant to come to the unknown Dragon Fund. As a result, even the strong woman couldn't help shaking after seeing the $12 billion cash deposit in the financial certificate provided by Yang Jing.

1% shares seem small, but under the huge base, it represents a wealth of up to 120 million US dollars! Although Amanda Petrus is a senior partner of PWC, she earns only a few million dollars a year. The 1% stake provided by the Dragon Fund is enough for her to be busy for 20 years.

Not to mention that the Dragon Fund sincerely offered an annual salary of up to $1.5 million, which is twice her current annual salary!

Most importantly, after an interview with Cole Smith, the big boss, Amanda Petrus was completely moved. Although the prospect of PWC accounting company is also good, it can't be compared with a powerful investment fund anyway! With only two investment actions, people made a profit of up to $10 billion, which is enough for PwC accounting company to work for ten years.

In this way, Amanda Petrus became the third signing executive of KY investment fund.

When Mike aller saw that Amanda Petrus had also become the CFO of KY investment fund, his eyes almost stared down and marveled that the boss's wrist was so clever that he could dig out this strong woman recognized in the industry.

As a former colleague, Mike Allah knew Amanda Petrus's ability. To say it without exaggeration, Mike aller once had a position in the industry that he didn't even deserve to lift shoes for Amanda Petrus. He is a famous figure in the industry. He is not comparable to an accountant sent to the Cayman Islands as a branch manager.

The office of KY investment fund was set up in a 58 storey office building on Wall Street. In 1986, the real estate price in New York was not as high as it would be 20 years later, so Yang Jing directly spent $27 million to buy the 57th and 518th floors of the office building. Later, this will be the headquarters of KY investment fund.

It's very appropriate to buy this floor at this price. If you put it in 20 years, the price of this floor will at least double!

When Cesar cook led his team here, he was also shocked by the office space of KY fund.

"Boss, we will work here in the future?" Cesar asked, looking excitedly at the scenery outside the window.

"Of course, if the five of you are willing to stay, I can arrange some separate offices for you here."

Hearing this, Emily said with a smile, "boss, let's stay here in the future! I've always been running around in recent years. I'm a little tired. How beautiful it would be if I could work in such a good place."

Emily's husband hank cross also nodded and said, "boss, the opportunity given by the boss is very rare! Didn't you still talk about wanting to continue to serve the boss a few days ago? Now the boss has sent the opportunity to you, why do you hesitate?"

Albert, the glasses man, also said, "boss, there has been no big move since we ended the investment of US dollars and Japanese yen at the end of last year. Now the boss has gathered us together again. It must be a big move."

After a pause, Albert looked expectantly at Yang Jing and asked, "boss, am I right?"

Yang Jing smiled, nodded and said: "Albert is right. There is a big action in my plan this year, but it is still too early. If you are willing to stay, you can get familiar with the operation methods of the financial elites on Wall Street. At the same time, the market in New York stock market is very good this year. You can try to be a short-term bull, but the time is better not Beyond the end of September. "

Hearing Yang Jing's affirmation, Cesar cook nodded and said, "boss, since you have so graciously invited us, if I don't agree, these guys may have to drive me out of office. Boss, let's join!"

"OK! Now that you have joined, I will not let you down. I can tell you for sure that after September this year, I will plan an investment action. Well, it is aimed at U.S. stocks. However, the specific situation depends on the specific situation. I can tell you for sure that you are absolutely indispensable for this investment action."

Cesar said, "boss, with your words, we'll give it to you completely."

Later, Yang Jing arranged several separate offices for Cesar. Unlike the ordinary staff working on the 57th floor, their offices are located on the 58th floor.

After handling Cesar's affairs, Yang Jing strolled to David Anderson's office.

Seeing the big boss coming, David Anderson, who was busy, immediately put down his work.

"Boss, what can I do for you?" to Yang Jing's surprise, David Anderson said this sentence in Chinese.

"Do you know Chinese?" Yang Jing asked in Chinese in surprise.

"I know a little bit," said David Anderson with a smile. "In fact, I have one eighth of Chinese descent. My grandmother is a Chinese American. When I was very young, my grandmother taught me a lot of Chinese. But now I forget almost. I can only say two sentences occasionally."

This is very rare. Yang Jing thought David Anderson had black blood, but he had a Chinese grandmother.

After talking for a while, Yang Jing mentioned business.

"David, I'd like to ask your opinion on some American enterprises. Which American enterprises do you think we should buy?"

Yang Jing's question covers a wide range and is not easy to answer. However, David Anderson was the Minister of Investment Department of AXA in those years, and this question is definitely difficult for him.

"Boss, if you want to answer your question, let's stop sleeping tonight. Under the current situation, many American enterprises are worth investing in. Here I'll pick some representative enterprises to share my views."

Yang Jing nodded and made a listening gesture





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