Becoming a Russian Oligarch After Rebirth
Chapter 1241 - 1020: Rich Harvest _2

Chapter 1241: Chapter 1020: Rich Harvest _2

There was no choice, other office buildings could not provide customers with comprehensive services such as customs clearance, money exchange, transportation, and warehousing, which became the core competitive advantage of New Sun Group.

Xiao Ying Group also refused to be left behind, and aside from the traditional gambling business, they started to focus on the high-end hotel industry this year.

They successively acquired or constructed several five-star hotels in Moscow, Petersburg, Yalta, and Simferopol, complementing their existing gambling, shopping, and travel businesses.

Moreover, Xiao Ying Group established a subsidiary specifically for operating high-end shopping centers, led by Nalan Yaqi.

The business of high-end shopping centers was also rapidly expanding. The one in Moscow had already been operating for a while and was generating considerable revenue. In Petersburg, they acquired a large mall and renovated it completely, which was about to open.

In Yalta, they did not fall behind either; they directly bought a newly constructed shopping center from Crimea Investment Company as their new outlet.

Additionally, domestically in the four first-tier cities of Beijing, Shanghai, Guangzhou, and Shenzhen, they had selected locations, acquired land, and were in intense preparation...

Russian Auto Group’s overseas production base had also officially settled in Peng City, a project discussed by Wang Ye with the Mayor of Peng City when he returned to the country last year.

United Aviation Group, in cooperation with the Chinese side, officially signed the contract for the large aircraft project, with research and development and production set in Irkutsk State...

Constantin took the lead, and the project of the silicon wafer chip factory invested by Industrial Fund Office was progressing smoothly.

It has to be said that the influence of veteran families still exists. Constantin, through his connections, directly acquired a French chip company, brought back the talents and equipment to Moscow, and on top of that, invested heavily in the latest silicon wafer manufacturing equipment. Once the new wafer factory was operational, its annual production and manufacturing processes would directly rank among the top three globally!

After a few more years of integration, both in scale and manufacturing processes, it would become the largest and most advanced globally.

Of course, that was Wang Ye’s goal, for which he would continuously invest a vast amount of money into this factory.

Other entities, such as Crimea Investment Company, Yukos Group, and Siberian Gold, were also operating smoothly, not requiring too much of Wang Ye’s energy.

Besides these enterprises, Wang Ye’s earlier investments in the internet industry also began to gradually show their effectiveness.

YANDEX&MAIL.RU Company, which Wang Ye had acquired, was directly delisted and privatized, with all stock rights in the hands of Polar Bear Investment.

However, with the internet winter fading over the past few years, and a new tide of the internet incoming, coupled with the company’s operations almost monopolizing the Russian internet, the business was challenging to expand to other language-speaking countries, making it a good opportunity to relist.

Proposed by the management of Y&M Technology Company and approved by the company board of directors (essentially Wang Ye alone), the company initiated the process to hit the Nasdaq public listing.

The public listing business was entrusted to Citibank, an American-funded bank with previous business cooperation with Wang Ye, who had deep connections with him.

Whether it was the board of directors of Yukos Group or Polar Bear Investment’s investments in the United States, both parties had a very tacit cooperation.

Now that Wang Ye’s internet companies were relisting, Citibank naturally took on the important role of the contractor.

According to the evaluation given by Citibank, the public listing valuation of Y&M Technology Company would be about twenty billion US dollars!

Of course, Polar Bear Investment also had to transfer some of its shares.

For example, they would issue thirty percent of their floating shares to raise capital through the listing.

They would also allocate twenty percent of their shares to establish an equity incentive pool to reward the company’s senior management and technological backbone...

Even so, the shares Wang Ye would actually control by then would still be valued at more than ten billion US dollars!

The capital he initially invested to acquire these two companies, along with the subsequent investments, did not exceed five hundred million US dollars.

This trade was considerably profitable; in just three to four years, the return on investment was as high as twenty-fold!

Taking advantage of the company’s public listing, Wang Ye planned to cash out some of the capital, expecting to fetch twenty to thirty billion US dollars at that time.

Of course, Y&M Tech Company wasn’t the only company under Wang Ye’s portfolio to go public this year, as Facebook Russia was also preparing for its public listing.

Facebook Inc now has three branches: Facebook Russia, Facebook Asia-Pacific, and Facebook United States.

These three companies share technology while having their own independent equity structures and operating teams.

Of course, no matter the company, Wang Ye held a significant number of shares and was essentially the invisible largest shareholder.

The other two Facebook Inc branches, having not operated for long and still expanding their operations, had no immediate plans to go public.

However, Facebook Russia was now mature enough to consider a public listing.

The estimated market value of the company after going public was expected to be over fifteen billion US dollars.

The shares held by Wang Ye were valued at nearly ten billion US dollars!

...

A few years earlier, through Polar Bear Investment, Wang Ye had also invested in companies like Apple, Google, and Amazon.

With the booming sales of the Apple iPod and the recovery of the internet industry, the market value of these companies was similarly skyrocketing.

Wang Ye knew that Apple’s real "big gun" was about to be launched, and by then, those shares of Apple that Polar Bear Investment held would truly be worth a fortune!

Even so, the once obscure Polar Bear Investment Company, now controlled shares in Internet and high-tech companies valued at several ten billions of US dollars!

The initial investments were now yielding rich rewards, a truly bountiful harvest!

Even Khodorkovsky was probably startled by the returns of Polar Bear Investment, prompting him to return to Moscow to have an in-depth discussion with Wang Ye.

In the past two years, aside from busy with philanthropic works, Khodorkovsky had been traveling abroad with his family.

He seldom returned to Moscow, indicating there had been quite a change in his initial thoughts over those two years.

He was a self-aware man, once believing that only he could save Russia, but now it seemed, Wang Ye was quite adept!

If Wang Ye could surpass him and fulfill his own dreams, that wouldn’t be too bad...

...

Still in that downtown apartment, the two men sat facing each other.

After the butler brought in a fragrant coffee and then left, only Wang Ye and Khodorkovsky remained in the spacious living room.

In the last two years, Khodorkovsky looked much leaner, but his spirit was even better than when he was the chairman of Yukos.

He picked up the coffee cup, glanced at Wang Ye with a smile, his eyes full of kindness.

Honestly, he had long regarded Wang Ye as his own nephew, or rather, he treated Wang Ye much better than his real nephews!

As for the ulterior motives when he arranged Wang Ye’s identity in Russia, he had completely forgotten them.

Of course, Khodorkovsky understood that Wang Ye was no longer someone he could control.

He didn’t need to control him anymore.

Because Wang Ye had grown far beyond his, or perhaps everyone’s expectations...

Who would have thought that five years ago, that somewhat naïve university student would now have become a genuine pivotal force in the political arena?

Even this force was growing rapidly and did not need to rely on any external power.

Wang Ye asked with concern, "I heard that you have been in remote areas recently, Uncle. It’s bitterly cold there. Take care of your health, ah. Let your subordinates handle many of the tasks, and you just need to steer the overall direction."

Khodorkovsky waved his hand nonchalantly and laughed heartily, "Are you treating me like an old man now? I am still young and physically strong. What is this little bit of hardship? Moreover, being a bit busy keeps a person’s spirit up. If I were to stay in the apartment all day enjoying life, perhaps, I would fall seriously ill..."

After chatting casually for a moment, Khodorkovsky broached the main subject; he wasn’t meeting Wang Ye today just to make small talk.