Becoming a Russian Oligarch After Rebirth
Chapter 1350 - 1075: Big Shark Hedging Fund

Chapter 1350: Chapter 1075: Big Shark Hedging Fund

Khodorkovsky was the first to express his stance:

"I have no objections to this distribution principle. Since Misha is daring enough to cover everyone, it’s only fair that he reaps the most profit, because he’s taking on the greatest risk.

We, on the other hand, do not need to take on any risk and can ensure more than a 50% return."

Constantin and A Bu also nodded, expressing their agreement.

Indeed, the distribution plan Wang Ye proposed was extremely generous—perhaps that’s why he dared to make a promise to underwrite a 50% profit.

Funds across the whole world wouldn’t dare to make such a commitment because all investments carry risk.

Even if you put your money in a bank, in some countries the banks not only don’t pay you interest but also charge you a service charge...

Using such terms in negotiations with the European Royal Family, I guess they’d be desperate enough to scrounge up more money to invest in the fund!

...

Now that the terms were agreed upon, naturally, the next topic of discussion would be everyone’s investment ratio.

At the very beginning, Wang Ye did say that he wanted to set up a sizable fund, with a scale roughly between 50 and 100 billion US dollars.

This was considered an appropriate amount. Any less, and the profits would naturally be small, which Wang Ye would feel was a loss.

On the other hand, if the amount was higher, the operation would become more difficult, more likely to draw attention. Too much noise would be problematic.

Therefore, it was best to keep the scale neither too large nor too small.

After some thought, Khodorkovsky looked up and said, "I happen to have a fair amount of cash in my account; I should be able to put forth 10 billion US dollars."

He had sold off quite a few non-core assets in the past couple of years and had substantial funds. Moreover, he had no immediate need for such a large sum, so 10 billion US dollars was not stressful for Khodorkovsky.

Constantin wasn’t to be outdone and, with a smile, said, "Although I don’t have as much cash, if I mortgage some of my company shares, I should be able to come up with 10 billion as well, all settled within a month."

After all, he was from an esteemed family. Though usually low-profile and unassuming, when it came down to it, Constantin could still flex his "muscles"!

Seeing the two "big brothers" pledging 10 billion US dollars each, even A Bu, who was still pondering how much he could afford, gritted his teeth and promptly declared, "Then I’ll put up 10 billion as well! I’ll call back the other investments and give them to Misha. After investing in so many funds over the years, the best annual yield has been just over ten percent, so why not invest with Misha instead?"

His assets might be considered the least... among those present, that is.

Of course, Yelena would be the exception.

Though he couldn’t compare with the oligarchs in terms of personal financial strength, in terms of liquid funds, Yelena probably had more than all the oligarchs combined.

Hence, Yelena turned to Wang Ye and asked, "Boss, how much do you think I should put in?"

Wang Ye pondered for a moment, "Although the Industrial Fund still has plenty of funds, we can’t use them all. After all, many large projects have been confirmed and the planned funds must not be disrupted.

So, how about you contribute 30 billion for now?"

Yelena immediately nodded, indicating that she would follow through.

This wasn’t some kind of "misappropriation of funds." Industrial funds such as the one Yelena managed were responsible for utilizing their capital to make profitable investments. Given that Wang Ye’s project guaranteed over a 50% profit, it was definitely not an opportunity to miss.

With 60 billion US dollars already on the table, and Wang Ye himself having yet to state his pledge, he slightly pondered before saying, "I’ll personally put in another 20 billion then."

"Do you have that much money?" Constantin asked in surprise.

Indeed, although Wang Ye’s assets were extensive, they were tied up in company shares. He earned a lot each year, but also spent a lot. That’s why Constantin was genuinely surprised that Wang Ye could come up with 20 billion.

Wang Ye explained with a smile, "I certainly don’t have that much cash. I’ll have to do the same as you and pledge shares for a loan from the bank. After all, the shares I hold in so many group companies are all quality assets; the banks should be willing to loan me the money."

It was true—no need for further explanation. Just the shares that Polar Bear Investment held in Apple, Amazon, and Google alone, when used as collateral for a loan, could easily secure 20 billion US dollars from any bank.

In fact, Wang Ye didn’t plan to borrow from banks in Russia; he intended to seek loans from the big banks in the United States, given their wealth and the convenience for transferring funds.

...

"Now that we’ve already pooled 80 billion US dollars, that’s no small sum. The European Royal Families probably can’t contribute much. Do we continue to include them?" Constantin asked with a smile.

Wang Ye nodded, "Let’s include them. However, we don’t need to inform them about the specific investment direction, nor my judgment on the impending financial crisis in the United States. Just tell them that I will underwrite this investment and guarantee their profit."

Including those royal families was not because Wang Ye valued their limited contributions. Those royals were generally "poor," and the total amount they could gather was probably meager.

But the influence of these people was not insignificant, with profound foundations. In case they faced repercussions from the United States later on, the royals could bear some of the burden and help divert some of the pressure.

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