Becoming a Russian Oligarch After Rebirth
Chapter 1246 - 1023 NTV Television Station

Chapter 1246: Chapter 1023 NTV Television Station

YANDEX&MAIL.RU Company and Facebook Russia, these two companies were among the first of Wang Ye’s controlled internet companies to go public.

Of course, companies like Apple, Google, and Amazon, which had already gone public, don’t count, and Wang Ye did not control them; he only made strategic investments.

In particular, he planned to cash out his shares in Google and Amazon when the stock prices were right, as he did not plan to hold them long-term.

It was only the shares of Apple he planned to hold long-term, as Wang Ye clearly remembered that Apple’s stock price would continue to rise over the next decade, reaching a peak market value of three trillion US dollars!

What a concept...

A few years ago, when Wang Ye invested in Apple, he spent a total of eight hundred million US dollars, buying one hundred and sixty million shares at five US dollars per share, specifically issued by Apple.

He then held sixteen percent of Apple’s total shares, becoming Apple’s largest shareholder!

The second largest shareholder, Vanguard Shares, only held one hundred million shares, making up ten percent.

As for the other shareholders, they held even fewer shares.

In the past few years, with the global success of Apple’s iPod products and the well-received launch of the Apple Music Store, the stock price has been continuously climbing, reaching around 400 US dollars!

Compared to the price when Wang Ye initially invested, this was an increase of about eighty times, and Apple’s market value also reached over four hundred billion US dollars!

This increase was very astonishing.

But Wang Ye knew that this was just the beginning. Apple would launch a truly revolutionary product next year, the IPHONE!

By then, Apple would truly become a global tech giant, with its stock price breaking new highs repeatedly, and its market value surging past one trillion, two trillion, three trillion...

However, even based on Apple’s current market value, the Polar Bear Investment’s share value was already over sixty billion US dollars!

That doesn’t even include the shares of Tencent Company, Google, and Amazon that Polar Bear Investment holds.

This is why Wang Ye dared to make large purchases and "scatter money" everywhere; this was where his confidence came from.

Even if the other companies under him were not making money, even losing money, as long as nothing went wrong with Polar Bear Investment and those tech companies developed as they did in his memories, he wouldn’t need to worry about money...

......

Regarding the industries he had just acquired, Wang Ye also did some organizing.

The shares of Yukos Group were the simplest; he was already the major shareholder and chairman, now he just controlled even more shares.

However, other industries were a bit more complicated.

For example, First United Bank, dealing in finance, required a high level of expertise, something Wang Ye was not familiar with.

Fortunately, Khodorkovsky had left him a complete team of professional managers, so Wang Ye didn’t need to worry too much.

Thus, the assets acquired from uncle Khodorkovsky were considered very high-quality, hassle-free, and profitable...

The media group and aluminium group from A Bu were a bit more troublesome.

Especially the aluminium group, where Drepaska was the major shareholder. Just the other day, Wang Ye had just "offended" him because of the aluminum factory strike.

Of course, Wang Ye didn’t care too much about this matter; he temporarily had no big plans for the aluminium group, as long as Drepaska could guarantee his annual dividends.

What really needed his attention was the media group with the lowest market value!

The media group, originally controlled by A Bu, was called "Russia’s National Media Group," sounding very significant with its "National" title!

But in reality, it was just a privately owned media company, as Russia’s media industry was open to private and even foreign investment.

National Media Group was Russia’s largest privately-owned media group and controlled a nationwide TV station, about a dozen small and large newspapers and magazines, had recently launched an online news platform, and owned its own professional journalist stations domestic and abroad...

Its scale was indeed significant, possessing considerable strength and influence.

After acquiring it, Wang Ye planned to increase some investments, particularly focusing on developing that TV station!

Although with the rise of the internet, the influence of traditional media channels had begun to slowly decline, it was undeniable that authoritative TV stations still held significant influence among the public.

Especially now that Wang Ye was entering politics, controlling his own propaganda channels became even more important.

Whether it was for his future election, for rallying votes for his factions, or for helping Rossiyana, cooperation with the media was indispensable...

The TV station under National Media Group was called "NTV - Russian Independent Television," and it also had a notable reputation.

This TV station was established in the nineties and was founded by one of the "Seven Oligarchs," Gusinsky, with a national viewer coverage rate of 87%, making it a very famous TV station.

In recent years, with the increase in state finance revenue and corresponding policy changes, state-owned assets had started to buy out and "restructure" many privately-owned TV stations.

Therefore, NTV had become the only fully privately-owned TV station in the country, with other so-called privately-owned stations having varying degrees of state ownership or control...

But it was uncertain how long NTV could remain independently owned; according to A Bu, relevant national departments had already approached him to discuss buying shares in NTV, but he had refused.

Tip: You can use left, right keyboard keys to browse between chapters.Tap the middle of the screen to reveal Reading Options.

If you find any errors (non-standard content, ads redirect, broken links, etc..), Please let us know so we can fix it as soon as possible.

Report