Becoming a Russian Oligarch After Rebirth
Chapter 1245 - 1022: Successive Public Listings_2

Chapter 1245: Chapter 1022: Successive Public Listings_2

However, this was normal because this company was not Facebook’s "complete entity," but one of the three spun-off companies, and it was the one with the most "uncertain" future prospects...

Wang Ye was forced to cash out so urgently before the company’s IPO.

He was aware that if he waited until one or two years after the company went public, when its potential was fully reflected in the share price, he might have been able to cash out for even more money.

But there was no way around it, he urgently needed the money now.

Moreover, once the company went public, for him, as a major shareholder, to carry out a large-scale cash-out would not be an easy task due to the many restrictions he would face.

Better to transfer the original shares to those capitals eager to enter the market at a relatively fair price before the company went public.

Although he would suffer a small loss, he could smoothly obtain a large sum of money and, at the same time, make some friends, right?

......

After cashing out the shares of two companies for ninety billion US dollars, plus the forty billion US dollars prepared for building the super mansion, Wang Ye now had a whopping one hundred and thirty billion US dollars in hand!

However, ten billion US dollars of that would soon be paid to Moscow State for the acquisition of that mansion, so the total funds available for use amounted to one hundred and twenty billion dollars, but that was enough.

In April, A Bu returned to Moscow, inviting Wang Ye to gather at his suburban mansion, where Khodorkovsky was also present.

The three reached a preliminary agreement, with Wang Ye investing in the acquisition of several major assets under the two men’s names.

These included the Aluminum Industry Group shares and Media group shares that A Bu held.

As well as the Yukos Group shares and the First United Bank that Khodorkovsky owned!

Wang Ye would need to pay sixty billion US dollars to A Bu and one hundred billion US dollars to Khodorkovsky!

Of course, the payment could be made in installments over three years, and neither A Bu nor Khodorkovsky worried that Wang Ye would default on the debt...

The actual value of these assets from A Bu and Khodorkovsky was definitely higher than one hundred and sixty billion US dollars; if not transferred to Wang Ye, the price would probably inflate by at least twenty percent!

Now, consider it sold at a friendship price.

Wang Ye didn’t play any tricks and openly told the two that he had prepared funds of one hundred and twenty billion US dollars.

He could immediately pay forty billion to A Bu and eighty billion to Khodorkovsky, which meant he would owe each of them twenty billion dollars, which he could mostly repay by next year.

Wang Ye was not lacking in funds, so he didn’t actually plan on taking three years to settle the debt, as that would amount to taking advantage of A Bu and Khodorkovsky.

After signing the preliminary agreement, the three looked at each other, smiled, and extended their right hands, clasping them together firmly.

A Bu sighed, "This time it’s for real, I might settle down in London for good and won’t be coming back here often. My term as governor ends next year, and I don’t plan on running for re-election. However, I can’t lose that territory; if Misha has a suitable candidate, he can recommend someone to me, assuring a smooth election."

It was clear that A Bu was truly weary and no longer wanted to ’play the game’.

With a fortune between one and two hundred billion US dollars and just over forty years of age, he had plenty of time to live leisurely, so why continue to live in fear and anxiety in Russia?

He had earned enough money; earning more wouldn’t make much difference now. Of course, the most important factor was the high risk—he felt he couldn’t handle it!

Khodorkovsky said with a smile, "I don’t plan on moving abroad either; I have plenty of things waiting for me to do, but it won’t be those deceitful and treacherous undertakings anymore. It’s you, Misha, who might face a lot of pressure in the future. A Bu and I won’t be able to help you much anymore, and you will have to walk the path ahead on your own."

Wang Ye nodded solemnly and said confidently, "Don’t worry, uncles, with these enterprises in my hands, I will definitely not let these companies decline. Moreover, the money these companies make will be used where necessary. Our goals are actually aligned—we all want to improve the lives of our loved ones and at the same time make this society, this country, a better place..."

He was implicitly assuring the two men.

As long as he hasn’t "fallen," there is no need to worry about the fundamental safety issues for either A Bu or Khodorkovsky, just live the life you want with peace of mind!

It was the two "big brothers" who helped and supported him in the past, pushing him to the high position he holds today. Now that both have stepped back, it’s Wang Ye’s turn to provide them with the necessary security.

A Bu nodded and laughed, "It’s hard to imagine how much Misha’s fortune could amount to in the future; perhaps in a few years, our country will give birth to a true richest man in the world!"

This is no joke. After the two sold their quality assets to Wang Ye, he may have paid a hefty sum of money, but the assets he received were actually worth even more.

Especially the Yukos Group, Russian Gas Industry Group, and Polar Bear Investment company—these three behemoths!

Just with the stock from these three companies, especially once the Internet companies initially invested in by Polar Bear Investment go public, Wang Ye’s fortune could easily break a hundred billion US dollars...

And those are just the assets floating "on the surface"; Wang Ye has some enterprises unknown to the public but with huge potential for the future.

For example, the Crimea Investment Company and that security company that has already dominated Africa...

No one knows the real value of these two companies or to what extent they might grow in the future.

But clearly, as Crimea Peninsula thrives and eventually becomes the "Pearl of Eastern Europe," the assets controlled by that Crimea Investment Company will be a staggering figure!

And as for the security company, it can’t be measured in terms of money...

As for those other "miscellaneous" companies, it’s not worth the bother to calculate!

...

Entering May, Facebook Russia took the lead and launched on the Nasdaq stock market in the United States. As an imaginative social media platform on the Russian Internet with a monopolistic advantage, it was eagerly pursued by investors.

The stock price soared after the opening, jumping by 36% on the day!

The company market value reached over twenty-one billion US dollars!

When the news got back to Moscow, it caused a huge sensation in the Internet industry and filled many small and medium internet companies with confidence in the future.

In the past two years, with Wang Ye’s continuous investments and substantial financial support, numerous Internet startups emerged in Moscow, mostly founded by talented IT graduates from major universities after securing venture capital.

Although no "unicorns" have appeared yet, everything is full of hope, and who knows, in time, maybe a new "Google" or "Facebook" will emerge...

Before the buzz about Facebook’s IPO could subside, MAIL.RU Company followed suit and also launched on Nasdaq.

This company did not inspire as much imagination as Facebook, but it had a more solid foundation, broad business operations, and a high number of registered users. Nearly every Russian Internet user was their loyal customer because everyone needed to check the news and use email...

With their business expanding into e-commerce, online gaming, and video streaming, the future looked promising.

Therefore, MAIL.RU Company’s valuation reached a whopping twenty billion US dollars at the IPO, with stock prices surging by 25% on the opening day!

The company market value soared to an astonishing twenty-five billion US dollars...

Of course, whether it’s Facebook Russia or MAIL.RU Company, after pre-IPO share dilution and stock ownership restructuring, it was no longer apparent from the companies’ financial reports who the real major shareholders were.

Wang Ye covertly controlled the stock of these two companies through several seemingly unrelated offshore companies, and of course, after cashing in before the IPO, he no longer held an absolute majority of shares.

But Wang Ye didn’t mind; after all, these two companies weren’t that important to him in the grand scheme of things.

Being able to cash out so much capital and gradually continue to extract a vast amount of money was already enough...