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Chapter 1129: Chapter 988: Huaxia’s Richest Man (Welcome Hjz666 as the second leader of this book!!)
Dormitory.
The three of them were a bit stunned.
"My god," Li Ming muttered, "437 billion RMB..."
In the list,
Tang Qing was ranked first,
incredibly noticeable. 𝑛𝘰𝘷𝑝𝘶𝑏.𝑐𝘰𝘮
His total wealth was a whole 160 billion RMB more than the second-ranked, you know, last year’s first-place Huang Guangyu, the boss of GOME Appliances,
had a net worth of only 140 billion RMB.
Now,
just surpassing the second rank, Tang Qing had over 20 billion more than last year’s first-place wealth.
No matter how you looked at it,
it seemed like everyone was not on the same list.
"How... how is this possible?" Even after looking at it over ten times, Tang Qing’s three roommates couldn’t believe it, wasn’t it just over 100 billion RMB? How did it multiply by several times so suddenly?
Ding Xiangming hurried, "Zhong Liang, quickly check, how is this calculated? Could there be a mistake?"
Snapping back to reality,
Zhong Liang quickly grabbed the mouse.
"I’ll check the original article."
Sina only had the list and a brief introduction, but for detailed reports on the industries owned by the listed tycoons, they had to look at the official list from the research institute, and soon, they found it.
That long list of company names.
Each one listed Tang Qing’s name and his held stocks.
One, Comet Group.
It owned Comet Media (including TV, movies, agents, music, etc., four subsidiary companies), Comet Video, Comet Literature (including sixteen online literature companies such as Qidian Literature and two major publishing companies), Comet Media.
Valuation: 180 billion RMB.
Tang Qing owned 66% of the shares, valued at approximately 120 billion RMB.
Two, Sheng Tang Group.
The largest clothing company in Huaxia, with over 500 stores nationwide and beloved by consumers in Southeast Asia, and had even expanded to Europe and America...
Valuation: 25 billion RMB.
Tang Qing owned 97% of the shares, valued at about 24 billion RMB.
Three, Tianyan Group: Huaxia’s largest enterprise services company...
Valuation: 20 billion RMB.
Tang Qing owned 100% of the shares, valued at 20 billion RMB.
Four, Wan Qing Mining.
...
Five, Microcrystalline Technology.
...
Six, Zhongyu Special Guard.
...
Seven, Qing Yang Audio Equipment Company:
...
Eight,
Nine,
...
In dozens of companies, Tang Qing was the controlling shareholder or a significant shareholder.
When calculated,
it seemed like he really had that much wealth.
Many companies they didn’t even know.
"No wonder, Tang Qing owns so many companies," Zhong Liang finally understood.
"But... where did he get the money? That Wan Qing Mining, they spent tens of billions abroad to buy mines, Tang Qing’s company didn’t make that much money back then," Li Mo swallowed hard.
Ding Xiangming shook his head, "Don’t know, probably loans, definitely not his own money."
Li Mo nodded, "Possible, isn’t there a saying, as much as the assets, so could the liabilities—Tang Qing’s assets of over 400 billion, I reckon he owes the bank at least over a hundred billion, so scary, owing so much money."
"This seems like we won’t be seeing Tang Qing anytime soon," Ding Xiangming said with a wry smile.
Zhong Liang agreed, "Yeah, these are tough times."
Being first.
Always attracted the most attention.
...
Meanwhile,
in Zeng Rou’s dormitory.
After a scream, the three girls also stared blankly at the list.
"Is this person really that Tang Qing?"
On Gu Man’s pretty face, her eyes widened in surprise; that young man who often dined with them had suddenly become the richest man in inland Huaxia, was the world crazy?
"Otherwise, is there another Tang Qing in the Comet Group?" Zeng Rou, who was more accepting, sighed helplessly.
"This... 400 billion, how much money is that?" Ning Jing was puzzled.
Zeng Rou thought for a moment and described, "My family’s assets are just about 5 billion RMB, 400 billion would be roughly equivalent to eighty times the total assets of my family."
"How could you ever spend all that?" Ning Jing exclaimed.
"Why should it all be spent? It’s not like squandering," Zeng Rou said speechlessly.
"True, Jiaxue is so lucky," Gu Man envied.
Zeng Rou chuckled, "Little girl, you can’t envy this. It’s someone’s fate. They’ve known each other since childhood, with deep affection. You guys, even with your future husbands, can’t compare to such a relationship."
"Where did Tang Qing’s money come from?" Ning Jing wondered.
Zeng Rou affirmed, "Definitely loans, it’s just not known how much."
"I’m curious how he started, the news said Tang Qing’s parents weren’t wealthy before, yet suddenly, Tang Qing is so rich, it’s not like what we thought," Gu Man stated.
"Starting up? Hah, you don’t know this, but it was simple for Tang Qing to start up, he just needed to ask his uncle for money." Zeng Rou knew a lot.
"Uncle?"
Zeng Rou explained, "His uncle went to Thailand in his early years, now the biggest Gems and Jewellery Wholesaler in Thailand. Tang Qing’s electric car is also produced by his uncle’s company, popular in Southeast Asia, and even exported to Africa and Europe and the Americas.
His assets are no less than a hundred billion, helping Tang Qing start up was very simple, I guess Sheng Tang Group’s money was all advanced by Tang Qing’s uncle, what happened later, I can’t say."
Hearing about this relationship for the first time, both Zeng Rou and Gu Man realized, "Oh, so there’s this connection. It seems like Jiaxue will never lack jewelry and clothes, they can just produce them at home."
