Becoming a Russian Oligarch After Rebirth
Chapter 600 - 560 Year-end Bonus (2)_1

Chapter 600: Chapter 560 Year-end Bonus (2)_1

Wang Ye contemplated for a moment, then smiled and asked Big Head Kong, "There should be no need to set aside any funds for the market, right?"

Big Head Kong nodded and responded succinctly, "No need! Next year, the market won’t expand anymore. The main task will be to refine management, maintain stable operations. Plus, the group receives lots of cash every month, we absolutely don’t lack money."

Indeed, the large market wouldn’t lack money, because there is little to spend on, but so many ways to earn money.

The cash flow is incredibly abundant!

Wang Ye quickly replied, "Then proceed with normal dividends. I should receive 286 million USD, right? Deposit 280 million to my account, and use the remaining 6 million USD as a year-end bonus for the employees. As for how to split it up, you decide."

"Boss, you’re so generous! I thank you on behalf of all the group employees," Big Head Kong quickly cut in with obvious flattery.

Indeed, his generosity was evident, 6 million USD might seem small compared to 280 million, but as a bonus, it’s not at all meagre.

After all, there are only a few hundred regular employees in the New Sun Group. On average, each person could receive ten thousand USD per month...

With such an amount, it might even exceed what a university professor earns in a year, and this is just the year-end bonus.

Wang Ye didn’t care about this sum. After all, if he’s eating meat, his employees should at least get some soup, right?

It’s the end of the year. Everyone should be happy and continue to work hard for him, the boss, to earn more money next year!

......

After the New Sun Group, it was the turn of the Xiao Ying Group.

Kaja is also the Financial Director of the Xiao Ying Group, and since she lives with Wang Ye, she was the one to report the workload.

The only thing was, the location of the report was a bit unconventional...

"Boss, Xiao Ying Group made quite a lot of money this year. A few days ago, Mr. He called and asked if we should disburse dividends at the end of the year or keep it all in the Group’s accounts for further expansion next year," Kaja seemed to have not yet come down from her excited state and was slightly out of breath.

Wang Ye casually asked, "How much did we make this year?"

"The net profit is 530 million," Kaja reported quite a satisfying figure.

Wang Ye thought for a moment, "Retain 30 million as reserve funds, distribute the rest of the 500 million as dividends. It’s just right as I might need some money lately."

With the distribution of 500 million, Wang Ye, who holds 80 percent of the Xiao Ying Group’s shares, would receive 400 million USD.

Wang Ye would take 400 million, and Miss He would receive 100 million.

She initially invested 300 million USD, and looking at the current situation, she is expected to recover all her investment in less than three years. The returns from this deal indeed seem to be quite high.

As for Wang Ye, just from the New Sun Group and Xiao Ying Group, he has already received 680 million USD.

This is all money that he can freely dispose of. His cash flow has never been so abundant!

For other group companies, like Polar Bear Investment, YANDEX and MAIL.RU, United Aviation Group, Wagner Security Company, etc., there isn’t much money to be distributed, but their future is promising.

If we’re talking about wild profits, then it has to be the Siberian gold mine and Yukos Group.

For the Siberian gold mine, A Bu personally called Wang Ye to discuss the distribution of money.

Since the gold mines only started not too long ago this year, they haven’t earned too much money yet. But Wang Ye still got almost 600 million. However, he didn’t touch this money and directly had A Bu transfer it to the account of the Crimea Investment Company.

Because the profit from the gold mine was intended to be directly channelled to the Crimea Investment Company, which can be considered as a bottomless pit of gold absorption.

And for the Yukos Group, Wang Ye attended the board meeting.

During the board meeting, he listened to the financial director’s report. He was not interested in all the figures and only remembered one thing: according to his share in the group, he would receive 320 million USD in dividends this year.

After all, his share in the Yukos Group isn’t very high...

Adding up this 320 million USD, Wang Ye would receive just over a billion at the end of the year.

Of course, he also has some scattered income, such as his salaries and bonuses from various group companies, benefits from Duma Members, dividends from the two small businesses he started with, and the income from his three hundred shops in the New Sun Market!

All mixed together, it’s a revenue of nearly 20 million USD.

However, to Wang Ye, this money probably just counts as his pocket change, it’s better than nothing.

......

Zhang Guangming contacted Kaja three days in advance to make an appointment to see Wang Ye.

Even though he’s just a small figure, he’s still responsible for Wang Ye’s three hundred shops coverage, so he can barely be considered as Wang Ye’s subordinate.

And his direct boss is Wang Ye!

On this point, Zhang Guangming could be compared to Big Head Kong...

Wang Ye didn’t set a specific time to see Zhang Guangming. He was quite busy at the end of the year, so he let Zhang Guangming come over during dinner, so they could chat while eating.

If this was someone of equal status, it might seem a bit disrespectful.

But when dealing with subordinates, it seems very approachable, and the subordinates would feel honoured...

As for Zhang Guangming, being able to have dinner with Wang Ye could blow his own horn for a year.

After all, in the whole New Sun Market, only a few people have enjoyed this privilege!

Wang Ye was eating his food while listening to Zhang Guangming report the yearly rental income of the three hundred shops.

Not bad. Under Zhang Guangming’s management, the rent was steadily increasing, but most importantly, these three areas always maintained the busiest atmosphere of the entire market, making a shop space hard to get.

Now, the ones who are able to rent a shop in these three areas are definitely reputable merchants.

Those with less capabilities are all "driven" to the New Sun Market two areas.

Having heard all this, Wang Ye nodded satisfactorily. As for this Zhang Guangming, he wasn’t completely out of Wang Ye’s view.

In fact, Wang Ye let Big Head Kong keep an eye on him. None of Zhang Guangming’s moves in the large market could escape Big Head Kong’s vision.

Over time, it turns out that this kid is quite reliable.

He’s more flexible but doesn’t take advantage.

Truth be told, those three hundred shops may be dispensable to Wang Ye, but to most people, it’s a huge resource!

Even if you’re just in charge of management, there’s still a lot of money to be made.

For example, in these three districts, it’s hard to rent a shop, so who he chooses to rent it to isn’t the same?

If Zhang Guangming were just a bit greedy, he could have taken quite a bit of "black money", but he didn’t take advantage of the situation to get benefits for himself.

Instead, he dealt with things honestly according to the rules, renting the shops based on queue order and the actual capabilities.

His reputation in the market is quite good.

Since he can get along with people and is capable, Wang Ye wouldn’t be stingy about promoting him a bit.

So, Wang Ye smiled and said, "The Lyublino Large Market should be on the right track, right? In that case, you get ready and go there to be an executive deputy general manager."