Becoming a Russian Oligarch After Rebirth
Chapter 1425 - 1112: Making a Fortune_2

Chapter 1425: Chapter 1112: Making a Fortune_2

After the amount was settled, everyone signed and sealed the agreement, and Wang Ye then notified the professional finance staff to distribute the Swiss Bank confidential account numbers and keys to all those present.

After they returned, how to transfer or use the money was not Wang Ye’s concern anymore.

After all, they were all people of stature and significant influence.

Once the distribution was complete, everyone couldn’t help but stand up, applauding Wang Ye with smiles on their faces, thanking him for leading them to a windfall.

The waitstaff also brought over Champagne, and everyone took a glass, clinked in a toast and then downed it in one go!

The matter of the Big Shark Hedging Fund was thus officially closed!

Wang Ye did not transfer his share of the money to within Russia because he did not have any need for a large expenditure here.

It would be better to keep the money offshore to facilitate investments in other places.

After a few days of consideration, Wang Ye first called Angelina, telling her to prepare to receive a batch of numbered Swiss Bank accounts and keys.

There was a total of one hundred billion US dollars in these accounts!

Since Crimea was the place most in need of funds, where any amount of money could be spent, and it also happened to be his "base camp" and last retreat, Wang Ye naturally did not hesitate to invest heavily, striving to build it up even better.

Previously, when he did not have enough money on hand, Wang Ye had already invested over a hundred billion US dollars, and now, with more money than he could spend, he certainly would not be stingy.

Angelina had heard from Wang Ye about his hedge fund venture and knew that he would definitely make a fortune.

But she never imagined that Wang Ye would earn so much...

Of course, this money was not to be spent in a short time; it was to serve as the strategic reserve for Crimea Investment Company, to spend fully and on the most needed areas!

After "spending" one hundred billion at once, there was still three thousand two hundred billion left, and Wang Ye took out twenty billion to repay the loan from Citibank.

At the beginning of the hedge fund venture, he did not have that much cash on hand to buy in, so he had mortgaged his shares in Google and Amazon to borrow from Citibank.

Now that the funds were recovered, the loan could also be paid off.

That left exactly three trillion, and Wang Ye then allocated five hundred billion US dollars to Zhang Xiaoxi!

In the past two years, Zhang Xiaoxi’s business in commercial real estate had expanded rapidly, and she had borrowed a lot from both domestic and foreign banks. This sum would allow her to pay off all loans and still have ample capital to expand her commercial real estate projects.

Zhang Xiaoxi was indeed startled; she was unaware of Wang Ye’s bottom-fishing in the US financial market, so his sudden injection of five hundred billion US dollars to her now was somewhat frightening...

She cautiously asked Wang Ye and only then learned where the money came from.

Zhang Xiaoxi could only exclaim that her old classmate was simply not human...

He was a god!

Is money that easy to earn...

Apart from these three major expenditures, Wang Ye also allocated funds to Tsar Guard Security Company, Russian Auto Group, Xiao Ying Group, New Sun Group, and even Nalan Yaqi’s company.

But those amounts were relatively small, the most being only several tens of billions US dollars, and the least being just a few billion, totaling just over one hundred billion in all; there was still two thousand four hundred billion left in the Swiss Bank account...

Wang Ye had other plans for this remaining portion of money and did not intend to use it just yet.

It would not be until after the General Election and the Duma renewal that there would be an opportunity to employ it. Of course, the most important current matter was the beginning of the General Election!

Competition had already reached a fever pitch.

These days, whether you turn on the TV or the computer, whether you’re reading newspapers or magazines, or even walking down the streets and alleys or riding the subway or bus, everywhere is flooded with campaign information and promotional posters of the three candidates.

Originally, Rossiyana had an overwhelming financial advantage.

But a few days ago, after Wang Ye concluded his hedge fund activities and distributed bonuses to everyone, Medvedev and Grezlov suddenly started flaunting their wealth!

Obviously, they both held stakes in Gavriil’s ten-billion investment, and now they’ve received a huge dividend, loosening the financial restraints considerably, and also having the funds to compete head-on with Rossiyana!

According to some media statistics, this year’s general election is the most expensive in the country’s history. Other candidates have already laid down their arms and conceded, while the remaining three contenders are said to have each spent over five hundred million US dollars in the election!

And it’s not even over; as the competition intensifies, all parties have ramped up their investments. By the end of the election, the cumulative campaign funds from all three parties may exceed thirty billion, or even fifty billion US dollars!

This is extremely exaggerated.

Such figures are unheard of in Russia, and even in the United States, this would be a staggeringly high amount...

Keep in mind, back in 2008, the total campaign funds in the recent United States general election were only seven hundred million US dollars.

Now in Russia’s general election, all three candidates look to surpass this figure.

In recent times, Rossiyana has been so busy that she couldn’t even tend to her home, as the election is not just happening in Moscow, but is a nationwide vote. Therefore, she and her election team have been traveling everywhere, going to various states to campaign, give speeches, and rally for votes.

During this time, Russia’s vodka supply has practically sold out because all these candidates bought it to give away as gifts to the public...

This strategy seems to be modeled after Wang Ye’s approach when he ran for the position of Duma Member.

Although everyone giving away gifts is the same as no one giving any, if others give them and you don’t, then there’s a huge gap.

So regardless of the effect, just give it away and be done with it!

...

Grezlov, Rossiyana, and Medvedev are all busy with the election, and both Grezlov and Medvedev have resigned from their positions. Although Rossiyana hasn’t resigned as Governor, she no longer has the time or energy to manage matters within the state.

Even the Kremlin has little interest in managing national affairs now, as the election outcome is just as vital for it.

This concerns whether the Kremlin can "triumphantly return" in a few years.

If Medvedev loses the election, then the Kremlin would also have to retire in disappointment and truly start living a retired life.

After all, the Kremlin now lacks the power to fully control the Moscow political arena; the Duma and Wang Ye’s checks and balances are too significant, and Grezlov’s breakup with the Hilarwick Group has also cost the Kremlin a large part of its influence.

While everyone is focused on the election, only Wang Ye remains calmly sitting at his fishing terrace, staying put in Moscow, maintaining the normal operation of the entire country.

If he didn’t handle matters, it would truly be a case of dragons headless, and chaos would ensue...

...

At the end of December, Wang Ye presided over the Duma’s review and approval of the Finance budget report submitted by the Government departments.

In 2008, the national economic development generally met expectations and was not significantly impacted by the global economic crisis. It even earned a fair amount of foreign exchange due to the surge in international energy prices, maintaining high-speed economic growth.

Even though international crude oil prices fell towards year-end, the impact was minimal.

For 2009, Wang Ye predicts that the global economic situation will start to recover, and a new round of economic development is about to begin. Therefore, Russia’s overall economic development rate will still not decrease but will continue to maintain a higher growth rate.

Hence, he has given a higher budget cap for the new fiscal year.

Aside from department ministers coming to Wang Ye for close-talks in hopes of increasing their department budgets, almost no one outside pays attention to these matters, as the general election is in full swing...

While approving the budget, Wang Ye also appropriately allocated "just a bit" more to the Ministry of Internal Affairs, Safety Bureau, and Ministry of Defense. After all, these three departments are now almost synonymous with his sphere of influence.

Of course, you have to take care of your own people...