Becoming a Russian Oligarch After Rebirth
Chapter 264 All About Davarich_1

Chapter 264: Chapter 264 All About Davarich_1

Milna felt a bit of heat on his face, like he had just been schooled by the young man sitting across from him...

However, what Mikhail said made sense, and his vision was indeed far greater than his own!

Having studied and lived abroad in the United States, he naturally understood the limitations of Russian internet enterprises.

Milna did not resist the idea of going to Silicon Valley, America, neither did he oppose investing in Western internet giants, for instance, Amazon, which he was very optimistic about.

The problem was, his personal wealth didn’t allow him to invest in those internet giants from Silicon Valley...

He had finally found an opportunity to invest in MAIL.RU domestically. His original plan was to take the company public, use it as a stepping stone, and once he had made a substantial amount of capital, then invest in those internet companies he really valued.

Unfortunately, the company encountered the global internet winter soon after it went public.

Now, instead of cashing out, Milna was stuck in a quagmire, unable to step out...

"Don’t worry, Mr. Mikhail, I know what to do," Milna hinted.

Clearly, Wang Ye’s words had completely persuaded him.

When the board of directors discusses this later, Milna would likely strongly advocate for the sale of the company to Polar Bear Investment.

This would not only benefit MAIL.RU, but would be even more advantageous for him personally!

Being in control of a rich investment company with the ability to "splurge" worldwide is definitely Milna’s biggest dream...

......

As Wang Ye expected, the day after he met with Milna, he received a notification from an employee at Polar Bear Investment.

They said that MAIL.RU had completely accepted the acquisition plan and agreed to privatize and delist the company at a premium of one and a half times.

The terms for this acquisition offered by Wang Ye were the same as when he acquired Yandex – the same premium, the same ratio of share incentives, and the same retention of all staff while adding funds to encourage the company to continue to expand.

Of course, after the two companies were fully delisted, they would merge.

The headquarters building of Yandex was empty, and MAIL.RU was still renting office space, so they could move over.

As for the land that MAIL.RU just bought, Wang Ye planned to do something else, there was no rush.

By acquiring these two companies, Wang Ye had only spent over ten million US dollars, this money was used for the privatization of the companies.

According to the agreement, an additional hundred million US dollars would be added later for the companies to rapidly expand.

In other words, by spending only about 120 million US dollars, the Russian internet layout has been completed, and there were no other Russian internet companies worth acquiring.

......

For the entire month of July, Wang Ye was very busy.

He had sequentially acquired two internet companies, rearranged Milna to preside over the daily work at Polar Bear Investment, and the construction of the three hotels of Xiao Ying Group had also begun.

The renovation of the hotel in Moscow was the easiest since it was originally a large hotel; only interior and exterior renovation was needed, so the progress would be fast.

It was estimated that it would definitely be able to reopen by the end of the year.

However, the hotels in Petersburg and Yalta would be troublesome. Those two places need to be heavily renovated, the project volume was quite large, and it was expected to be completed in the first half of next year.

Additionally, two pieces of good news came one after the other.

The first was that the full-blooded gambling card in the Crimea Peninsula was secured, Meshkov was very capable, after he agreed with Wang Ye, he immediately started to push the processing of this matter.

The Livadia Palace was sold to Xiao Ying Group for the symbolic price of one US dollar, and of course, it came with additional conditions.

That is, Xiao Ying Group promised to invest no less than fifty million US dollars in Yalta!

And create no less than five hundred jobs.

There were no restrictions on this gambling card, anyone could freely enter and gamble, including residents of the Crimea Peninsula and the citizens of Ukraine and Russia...

The other piece of good news was that Gavriil told Wang Ye that the exclusive right of import and export had been granted!

Actually, this was only one sentence away from the Emperor, he didn’t grant it before because Wang Ye didn’t worth that much!

But now, the importance of Wang Ye had become prominent, and the Emperor’s faction also wanted to ally with Wang Ye, so this exclusive right was easily granted.

......

In the still familiar office of Gavriil, Wang Ye said with a beaming smile: "You really helped me a lot this time, uncle, don’t worry, once I get this exclusive right, I will definitely obey the rules and operate legally! And I will do my best to expand the operation scale, create more jobs, import more high-quality cheap goods, and make the public feel at ease and satisfied."

Nice words didn’t cost money, so Wang Ye didn’t hesitate to say more.

However, these weren’t entirely sweet talks, at least the part about expanding the scale and importing more goods was exactly what Wang Ye wanted to accomplish.

Only then would the revenue of the New Sun Market rise.

"You just need to remember who is the most reliable and dependable, I don’t need to say more, Misha, you are a smart man, as long as you don’t make the wrong choices, you will have a bright future!" Gavriil’s words were full of profound implications.

Up to now, the emperor’s faction had also placed a lot of "bets" on Wang Ye.

A full-blooded gambling card, exclusive import and export rights, and even a Duma parliamentary seat!

Their purpose was of course very clear, it was through Wang Ye, they wanted to control the old oligarch, Khodorkovsky.

Or maybe they wanted to go further...

They wanted to replace the disobedient Khodorkovsky with the more "compliant" Wang Ye, and not stir up any international public opinion during this process.

In fact, they did not prohibit the existence of oligarchs, they just did not allow the existence of oligarchs who disobeyed them or even opposed them and wanted to seize their power!

If the oligarch was obedient and in their faction, then there would be no problem at all...

...

Being a clever man, Wang Ye naturally knew what Gavriil was implying.

He maintained his smile, and sincerely responded: "I understand, even though uncle has given me a lot of things, all this came from the country. I am a person who knows how to be grateful. Since I have received so much from this country, I will do my best to give back to the country and the people. After all, we are all Davarich..."

Gavriil almost burst out laughing, thinking to himself how slick this kid is!

It seemed like he had said a lot, but upon careful thought, it looked like he hadn’t really said anything...

Moreover, who was Davarich along with him?

He just couldn’t help laughing and said, "Well, I hope you will do as you say today. By the way, have you discussed with A Bu about your participation in the Duma member election?"