416: Chapter 416 The Wealth Ranking is Released! The Results are a Little Different

The investigation director thought Steve felt the number was too large and didn't quite believe it.

So, he continued to analyze the data.

"The cumulative shipments of Transsion Semiconductor's Taishan Chip series have now exceeded 300 million units.

Beyond Transsion phones and Huawei, other Chinese manufacturers have also made purchases, and when you add in their ability to modify things,

Just based on this, our valuation of it is equivalent to a Qualcomm. Furthermore, they have already integrated NVIDIA into Transsion Semiconductor, along with the corresponding businesses.

Altogether, we can assign a valuation of 300 billion USD."

"Transsion Panel, Transsion Optics, Transsion Photovoltaics, Transsion Smart Home, plus Transsion Auto, the security team... and a series of other valuations, that's 1.5 trillion USD.

This value is already quite low..."

Steve Forbes nodded as well. These valuations were indeed on the low side; if they were to spin off and go public, the entire United States stock market might not even be able to absorb them.

Then the investigation director continued, speaking about a business they were most afraid to mention but had to.

"And then there's Huaxin Investment. Since the 2008 economic crisis, they have acquired many assets.

Moreover, they have some publicly incubated industries. Just for the exposed businesses, our comprehensive valuation should be around 2 trillion USD.

So, our conservative estimate is 1.5 trillion USD.

Of course, to ensure the accuracy of the data, what we've written on the list is one trillion USD, which is a very underestimated figure.

If we used a conventional model, the number might be between three trillion and five trillion."

The smile on Steve Forbes' face grew brighter and brighter. What a great gimmick!

He had already thought of the title!

The World's First Three Trillionaire.

This issue of the Forbes China list would definitely sell out. After all, the current richest person in the world is Carlos from Mexico, but his wealth valuation is only 73 billion USD.

Even so, he was already far ahead of the second-place Bill Gates.

Shen Fei's three trillion was already dozens of times the first-place figure. Even if you added up the wealth of the top 10 on the list, it would only be a fraction of his.

Steve Forbes confirmed,

"Are you sure it's three trillion?"

The investigation director nodded, but quickly shook his head again.

"Steve, that's not certain.

However, if we put it at one trillion, it would only be less, not more. But if we really publish it, will their security team..."

After speaking, he made a throat-slitting gesture.

After all, in addition to their elite security, Transsion in Africa likely has another group...

Although the United States would try its best to screen them, Transsion has money!

If their own people can't carry it out, what if they issue a bounty?

In short, he was scared!

"Don't worry. Transsion has people, but we have people behind us too. Just rest assured."

After speaking, Steve Forbes signed his name directly on the document, and the investigation report was thus signed and confirmed.

But the investigation director panicked. The reason he was afraid was precisely because this was the United States.

It was too "free" here, and Transsion's security personnel were mostly Black, naturally possessing protective camouflage.

It seemed he would have to go home early from now on to save his own life as much as possible.

...

On December 7th at 10:00 AM, the Forbes global website and the Forbes China edition simultaneously released the 2013 Forbes China Wealth List.

This time, the list was designed very simply: a scrolling long list ranked from the first place downwards.

But the name ranked first was extra large.

Shen Fei: Above it was a long string of numbers, in bold, black font, several times larger than the wealth figure of the second-place person.

3.13 trillion.

The scale of Shen Fei's assets had reached an astonishing 18 digits. Above it, there was even a thoughtful note from Forbes:

"Currently, because Mr. Shen Fei has never publicly disclosed specific wealth data, the above data are all estimates based on the minimum valuation by Forbes Magazine. If Mr. Shen Fei is willing to disclose the corresponding data, we believe that Huaxin Investment alone could reach two trillion USD."

For comparison, the wealth valuation of the second-place Pony Ma was 120 billion, the third-place Alibaba Ma's valuation was 115 billion USD, and the fourth-place Wanda Wang's valuation was 111 billion.

Shen Fei's personal wealth was over a hundred times theirs, and dozens of times more than the top 10 combined.

Within 10 minutes of the list's release, the servers for the Forbes China edition were overwhelmed.

At the same time, all the trending search lists were taken over by Shen Fei.

#Shen Fei Richest Person#

#Shen Fei Three Trillion#

#Forbes China Wealth List#

#The True Wealth King#

But the content in the comment section seemed quite different from what they had imagined.

They had expected netizens to be angry, jealous, demand explanations, and question the source of the wealth.

They had thought the number of three trillion USD would be like a bomb, tearing apart China's public opinion landscape, stirring up discussions on the wealth gap, and igniting social conflicts.

After all, the entire wealth of China was only 9.2 trillion, yet Chen Fei's personal net worth had actually reached 3.1 trillion, accounting for a full third, truly achieving wealth that rivals a nation.

The content in the comment section was entirely filled with voices of support.

"3 trillion? I thought a company as awesome as Transsion would have made Shen Fei worth 10 trillion long ago. Only 3 trillion? I feel like it's still underestimated."

"Does no one care about the 18 digits for the Huaxin Butcher? How much is 18 digits... Let me count: one times one is one, one times two is two... nine times nine... forget it, I can't count that high.

Yeah, I know all this money he made was bitten out of the United States stock market. Anyway, if this money isn't harvested by him, it would just be harvested by those investment banks in the United States."

"President Shen is so rich, but I've never seen him show it off. Instead, he pours all his money into basic R&D. If he doesn't make money, who should?"

"Transsion actually makes real things. The Taishan Chip, panels, cars, energy, wafer fabs, Lithography Machine—which one isn't a solid technological breakthrough?

He makes money based on his ability and technological monopoly, not by exploiting workers. He deserves to earn this money."

"You know about the A-shares, right? If your Uncle Shen were really short on money, he could collect quite a lot of subsidies every single day."

"The person above, Huaxin Investment's operations are likely abroad; if they were domestic, they would be protecting the market... Otherwise, Shen Fei's assets would have been locked up long ago."

"Big brother above, do you know what a private military enterprise is? Do you know what 'father is equal, son is precious' means?"

"I see some people in the comment section saying Shen Fei exploits workers? Please, have you checked the wages at Transsion factories?

Their wages are the highest in China's electronics manufacturing industry, twice as high as Foxconn's. When they make money, they actually give it to their employees."

"The funny thing is that Forbes still wants to incite hatred. The note saying 'all unlisted' is meant to imply that the valuation is significantly lower.

They want to incite us? Bullshit. We aren't that stupid!"