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Published at 25th of December 2023 05:07:36 AM


Chapter 636: [Before Disney's listing! 】

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Chapter 636 [Before Disney's listing! 】

Los Angeles, in Wu Xianlei’s villa, Wu Guangyao and Kayla visited their family.

Looking at the two running children on the ground and his daughter-in-law holding a baby in his hands, Wu Guangyao felt that Wu Xianlei had inherited his own opinions;

"In terms of the number of children, you are the most similar to what I have learned!" Wu Guangyao couldn't help but jokingly said.

"Kelly and I both like children better, so we will raise a few more while we are young!" Wu Xianlei said ‘unbelief’.

In fact, Wu Xianlei wants to learn that his father is the same as his mother, and he needs a few more children. In the future, there is no shortage of heirs in assets.

Kelly does not like to discuss this topic, because she knows that her father-in-law is a passionate person with several women and dozens of children;

I can only hope that the husband will never learn from his father;

But Kelly also likes her father-in-law to teach her husband a lot, because she knows that this is related to the growth of family wealth.

Wu Guangyao nodded, did not expose his son's normal thoughts!

"Disney has developed quite well in your hands, it seems you have spent a lot of thought!"

"It's all good guidance from my father, and the family office gave me a lot of advice!"

Wu Guangyao changed his style of painting and said, “But I think there are still some problems with Disney’s operations. He found him to be your assistant!"

Wu Xianlei never doubted his father’s ‘Bole’ ability, so he didn’t hesitate to speak, "Father, say it!"

Wu Guangyao nodded, and said, “It’s Michael Eisner, the vice president of ABC. Go get him and appoint him as the president of Disney.”

Wu Xianlei asked: "Father thinks he has a great effect on our acquisition of ABC?"

Never forget, this is what Wu Xianlei thinks of ABC;

But Wu Guangyao knows that it must be done step by step, otherwise it will be difficult to succeed!

Wu Guangyao shook his head and said, “No, he is a master of operations. He can bring out the true value of Disney; you should understand that in the five years since you acquired Disney, you have not played out the wealth and value of Disney itself.”

This is a fact. The real value of Disney is children’s publications such as cartoon characters, videos, comics, and DVDs;

In 1979, Disney's annual turnover was 2 billion US dollars and the profit was 210 million US dollars;

Among them, Disneyland contributes 90% of Disney IWC’s profits. This profit model is still too monotonous.

In the previous life, when Michael Eisner was in charge of Disney, Disneyland’s profit was only 70% of that of Disney Kingdom, adding many other ways to make money.

Wu Guangyao saw that his father admired Michael Eisner so much, he couldn't wait to go to ABC to dig people right away, and he didn't doubt his father's vision at all.

"I will meet with Mr. Michael Eisner in the near future and hope to get his joining!"

October 20, the eve of President Reagan’s coming to power.

The Ritz-Carlton, New York, held a reception about the reception before Disney's listing.

Disney must be listed, there are too many reasons for listing, but there is no reason not to be listed;

Need enough contacts to shout for the next acquisition of ABC;

Sufficient funds are needed to provide huge funds for subsequent acquisitions.

According to the US listing law, a company needs to have a sufficient number of shareholders before going public. At the same time, the shareholding ratio of a single major shareholder shall not exceed 75%, and the shares shall not exceed 66.7% after listing.

Therefore, it is inevitable to sell some of the shares before going public;

Wu Xianlei needs to sell 25% of his shares in order to meet the listing conditions;

First of all, Roy Disney will definitely be able to subscribe for a part, after all, his surname is Disney;

As for other candidates for sale, they are naturally candidates for allies!

Wu Guangyao and Kayla also attended the reception, and the people who participated in this reception were not only some representatives of major consortia in the United States, but even Reagan, who was about to be the president of the United States.

This is entirely President Reagan's saving face to Wu Xianlei, to thank Wu Xianlei for his advice and support over the past few years!

Of course, this reward is not enough for Wu Xianlei, but Reagan has repeatedly promised Wu Xianlei in private that he will be Wu Xianlei's supporter after he takes office.

This is the real reward!

The cocktail party began, and the first one Wu Xianlei introduced to Wu Guangyao and his wife was Reagan;

"Father, mother, this is Mr. Reagan, the next president of the United States!" Wu Xianlei said in an honest manner.

And Reagan obviously knew about Wu Xianlei's family for a long time, not through investigation, but Wu Xianlei's initiative to mention it.

Reagan stretched out his right hand and said, "Mr. Wu, Miss Kayla, for you two, I often hear that they are the richest people in the world!"

Seeing that although Reagan was sixty-nine years old, he appeared to be quite a few years younger. He was obviously a cheerful person.

Wu Guangyao stretched out his right hand and responded: "Then Mr. Reagan must be the most powerful person in the world!"

Reagan heard this and immediately laughed cheerfully!

"Several people, what can be so funny, can I join in?" A male voice came, and he was able to insert such words into the chat group. He was obviously a plutocratic figure.

"It turned out to be Mr. Richard Mellon, of course welcome to join!" Reagan said heartily.

The Mellon family is a supporter of the Republican Party, and Richard Mellon began to get involved in Republican politics during the 1964 presidential election; later, the Watergate Incident made him feel disillusioned (he donated 100 to Nixon in the 1972 election. Ten thousand U.S. dollars).

But Richard Mellon was not a supporter of Reagan, because there were several people in this Republican election, and Reagan was not the most advantageous person.

But if you can catch Reagan today, Richard Mellon will naturally be very happy!

Of course, the most important protagonist today is of course Wu Xianlei;

It was a long-term mismanagement company, but now it has been revitalized and has become a super company that major consortia are eager to buy shares.

So, at today’s reception, everyone’s most eagerness is to buy original shares from Wu Guangyao!

After talking about Disney for a while, Richard Mellon said to Wu Guangyao: "Mr. Wu, if your Xingyao hotel management is listed, I believe it will definitely become the next Disney, and even more popular!"

This is not nonsense!

Xingyao Hotel’s management investment has reached more than 3 billion US dollars. If the market value is not 6 billion US dollars, wouldn’t Wu Guangyao be at a loss!

While Disney is listed this time, the valuation is only about 4.5 billion US dollars, after all, it has not yet exploded!

Wu Guangyao said with a smile: “If you want to go public, I would welcome the Mellon consortium to invest! But now, obviously the time is not yet ripe! Even if the time is right, it is estimated that it will be a spin-off of a separate brand and go public.”

Richard Mellon heard that there was hope, and he immediately came to the spirit and said: "The spin-off and listing are also very high-quality stocks. The Ritz-Carlton, Westin, and Shangri-La are all world-famous luxury hotels. Brand! If you really want to go public, please consider our Mellon consortium."

Wu Guangyao nodded, Wu Guangyao is not against the Mellon consortium;

In other words, in my own eyes, no consortium is enough to make Wu Guangyao afraid;

So it doesn’t matter who you work with!

At the reception, Wu Xianlei was very busy, Wu Guangyao watched his performance from a distance, and was very proud;

The American consortium is also being formed!

(End of this chapter)




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