Chapter 187： Money goes so fast
On January 30, William Chen signed an agreement to complete the acquisition of MGM.
A total of $3 billion, according to the agreement, $1 billion is paid to creditors of MGM's $3.5 billion debt, and users return part of it.
This money will proportionally wipe out part of their claims, which will greatly reduce the company's interest burden.
And the next new "007" movie, as well as the "Hobbit" series, can also be ready to shoot.
At this time, he took stock of the money he had spent during this time. At the beginning, when Fund No. 1 liquidated the CDO short-order contracts and CDS bonds of subprime mortgages, Chen William transferred out $10 billion for investment. , and the rest of the funds were invested in the shorting of the No. 2 Fund on the American stock market.
In addition, the last time I shorted gold futures, I finally got more than 12 billion US dollars. In addition to leaving 2 billion US dollars to go long gold, more than 10 billion US dollars were also transferred out for investment.
Of the more than $20 billion in funding, $10 billion of that. Joined Goldman Sachs, Morgan Stanley and other investment banks in the shorting of European and Asian stock markets.
The remaining more than 10 billion US dollars, after donating to charitable funds, buying Ali shares held by Yahoo, buying Reddit, investing in technology, Zoom, Tesla and SpaceX, buying Long Island Manor and two helicopters, etc. After spending, there are more than $7 billion left, and $2 billion in financing from Goldman Sachs for the acquisition of Alibaba shares.
After that, adding Netflix stock and buying the Gulfstream G550 cost another $450 million.
The $2.2 billion in acquisitions and capital injections into Marvel included $1 billion in financing from Goldman Sachs.
The investment in the Troup Group cost 1 billion US dollars, and the joint venture to form the Troup-Chen Business Management Company spent 500 million US dollars.
And then transferred to China Future Fund 100 million US dollars, of which 60 million invested in Dianping, so this fund has 60 million US dollars on its account.
The purchase of Yan's Garden cost $50 million.
The acquisition of Hermes Group spent $5.05 billion, of which Goldman Sachs raised $3 billion.
Then there is MGM, which has just acquired, another $3 billion, of which Goldman Sachs raised $2 billion.
If you add the $1 billion that will be raised by the upcoming purchase of the Magic Capital Global Financial Center, then William Chen currently has a total financing of $9 billion from Goldman Sachs and Morgan Stanley (Modu Global Financial Center).
As for the $10 billion in Meta Investment Company's account, there is only $650 million left... er, it should be said to be more than $350 million, because of which $300 million has been returned to his personal account - it was originally a loan. Meta investment company injected in the form of - now William Chen is bound to Paris' future bank, and the loan amount has become 500 million US dollars.
Oh no, there's only a little over $50 million in the account... The $300 million he had previously mortgaged was also returned to the bank.
So now his foreign debt is 9 billion US dollars of financing plus 1 billion Goldman Sachs low-interest loans (Goldman Sachs redemption CDS bond conditions, used to short the four major investment banks), has reached 10 billion US dollars.
Next, William Chen will also acquire the shares of the Kushnar Group in Building 666, as well as the planned 20th Century Fox, which will add up to more than $10 billion...
But the good news is that Fund No. 2 and Fund No. 3, as well as their own $1.6 billion shorting of the four major investment banks, as well as funds participating in Goldman Sachs, Morgan Stanley's shorting of Eurasian stock markets, and long gold futures $2 billion...
Well, wait a little longer and you'll have more money.
...
"According to the latest news, MGM has changed hands again. The new owner is William Chen. He spent 1.5 billion US dollars to buy this old Hollywood film company. Just a few days ago, William Chen just bought it in France. Hermès, the world's top luxury brand."
"It can be said that William Chen is the most popular figure in the United States in recent months. He has gone from being called a prodigal son to a super rich man. This inspirational experience has also been talked about. Some people have counted, so far, William Chen has used The funds for acquisition and investment are already close to 20 billion US dollars. I don’t know if this time I bought the MGM company and will continue to be successful in the film industry where he has turned somersaults…”
Seeing this, William Chen put the newspaper on the coffee table.
Since the news of his acquisition of MGM came out yesterday, today we can see overwhelming related reports from the media. Of course, there are all kinds of comments, but the mainstream is still whether he can be in the film industry. The failures of previous years are called into question.
Chen William didn't pay too much attention to this. After all, since he acquired the "New York Observer", he has been accompanied by doubts along the way.
If those who questioned themselves were too far away from him, then why should they care about what the other party said, just like the eagle in the sky would not care about the sound of frogs on the ground.
Gu dump
It was around seven in the morning, and William Chen was in a seaside villa he had just bought.
The villa on Mabry Beach was just bought by William Chen for $20 million. Before the subprime mortgage crisis, the villa had been asking for as much as $35 million.
This mansion was designed by Frank Gehry, a famous architect of the generation.
In this mansion, there is a tennis court overlooking the sea, as well as facilities including swimming pool and spa room.
On the grass leading to the beach, there are stones that can be stepped on. When William Chen walked along this road to the beach last night, he found that the scenery was good.
The 11,413-square-foot two-story villa has a gym, wine cellar, loft, five fireplaces, six bedrooms, and ten bathrooms, enough for William Chen's temporary home in Los Angeles.
Malibu Beach Villas is a favorite location for many rich and famous. The 21-mile-long Malibu Beach is connected by several stretches of beach into a strip. Chen William's villa is located in the "Carbon Beach" where the super rich are mostly, while the other "Guangtan" is mainly for celebrities.
Chen William's favorite is this villa. There is a very large connected terrace outside. Whether it is the master bedroom or the living room, you can directly walk to this terrace with an invincible sea view.
It is worth mentioning that the climate of Los Angeles is relatively warm in all seasons. Even in January, the average temperature is around 7-18 degrees. Now that it is February, the highest temperature during the day has reached nearly 20 degrees.
If it's New York, it's still winter at this time, and in Los Angeles, you only need to wear a thin coat at most.
Perhaps the only downside is that the climate here in February can make it feel a little wet.
Chen William could faintly hear the sound from the open kitchen. He turned his head and saw a beautiful girl frying eggs there.
Uh, it's Jessica, who was in Hollywood last night when she knew that William Chen was coming to Los Angeles, so she came to experience the sea view of this new residence with him.
After a long time last night, Chen William can be sure that the sea view under the moonlight is very beautiful, whether it is in the bedroom or in front of the floor-to-ceiling windows in the living room.
Especially listening to the sound of the waves coming from a distance, with this sound, swinging the body makes it easy for people to integrate into the surrounding nature, and it is easy to become wild.
Because it was still very warm with the air conditioner on, at this time, she was only wearing a very short nightdress. From the side, she looked graceful.
At this time, Jessica twisted her hair up and made breakfast seriously, but she had the feeling of being a good wife and mother.
Seemingly noticing Chen William's gaze, she turned to look at with a sweet smile on her face, and opened her mouth to say something.
However, because the range hood was on over there, William Chen didn't hear her clearly, so he walked to her side and hugged her from behind.
"Honey, I'm cooking."
Jessica groaned.
"I just didn't hear what you were saying just now. I feel like this will make it more clear."
Chen William whispered in her ear, and the car saw that Jessica's face slowly turned red.
"Your reaction seems to be more than just inaudible," she muttered.
Hearing her say that, William Chen showed a smile on his face and grabbed the hem of her skirt...
"William, I'm frying an egg!"
"Oh...I know, dear, just do your thing."
"You..." Jessica had just said it, and quickly covered her mouth, her other hand supported the table...
A total of $3 billion, according to the agreement, $1 billion is paid to creditors of MGM's $3.5 billion debt, and users return part of it.
This money will proportionally wipe out part of their claims, which will greatly reduce the company's interest burden.
And the next new "007" movie, as well as the "Hobbit" series, can also be ready to shoot.
At this time, he took stock of the money he had spent during this time. At the beginning, when Fund No. 1 liquidated the CDO short-order contracts and CDS bonds of subprime mortgages, Chen William transferred out $10 billion for investment. , and the rest of the funds were invested in the shorting of the No. 2 Fund on the American stock market.
In addition, the last time I shorted gold futures, I finally got more than 12 billion US dollars. In addition to leaving 2 billion US dollars to go long gold, more than 10 billion US dollars were also transferred out for investment.
Of the more than $20 billion in funding, $10 billion of that. Joined Goldman Sachs, Morgan Stanley and other investment banks in the shorting of European and Asian stock markets.
The remaining more than 10 billion US dollars, after donating to charitable funds, buying Ali shares held by Yahoo, buying Reddit, investing in technology, Zoom, Tesla and SpaceX, buying Long Island Manor and two helicopters, etc. After spending, there are more than $7 billion left, and $2 billion in financing from Goldman Sachs for the acquisition of Alibaba shares.
After that, adding Netflix stock and buying the Gulfstream G550 cost another $450 million.
The $2.2 billion in acquisitions and capital injections into Marvel included $1 billion in financing from Goldman Sachs.
The investment in the Troup Group cost 1 billion US dollars, and the joint venture to form the Troup-Chen Business Management Company spent 500 million US dollars.
And then transferred to China Future Fund 100 million US dollars, of which 60 million invested in Dianping, so this fund has 60 million US dollars on its account.
The purchase of Yan's Garden cost $50 million.
The acquisition of Hermes Group spent $5.05 billion, of which Goldman Sachs raised $3 billion.
Then there is MGM, which has just acquired, another $3 billion, of which Goldman Sachs raised $2 billion.
If you add the $1 billion that will be raised by the upcoming purchase of the Magic Capital Global Financial Center, then William Chen currently has a total financing of $9 billion from Goldman Sachs and Morgan Stanley (Modu Global Financial Center).
As for the $10 billion in Meta Investment Company's account, there is only $650 million left... er, it should be said to be more than $350 million, because of which $300 million has been returned to his personal account - it was originally a loan. Meta investment company injected in the form of - now William Chen is bound to Paris' future bank, and the loan amount has become 500 million US dollars.
Oh no, there's only a little over $50 million in the account... The $300 million he had previously mortgaged was also returned to the bank.
So now his foreign debt is 9 billion US dollars of financing plus 1 billion Goldman Sachs low-interest loans (Goldman Sachs redemption CDS bond conditions, used to short the four major investment banks), has reached 10 billion US dollars.
Next, William Chen will also acquire the shares of the Kushnar Group in Building 666, as well as the planned 20th Century Fox, which will add up to more than $10 billion...
But the good news is that Fund No. 2 and Fund No. 3, as well as their own $1.6 billion shorting of the four major investment banks, as well as funds participating in Goldman Sachs, Morgan Stanley's shorting of Eurasian stock markets, and long gold futures $2 billion...
Well, wait a little longer and you'll have more money.
...
"According to the latest news, MGM has changed hands again. The new owner is William Chen. He spent 1.5 billion US dollars to buy this old Hollywood film company. Just a few days ago, William Chen just bought it in France. Hermès, the world's top luxury brand."
"It can be said that William Chen is the most popular figure in the United States in recent months. He has gone from being called a prodigal son to a super rich man. This inspirational experience has also been talked about. Some people have counted, so far, William Chen has used The funds for acquisition and investment are already close to 20 billion US dollars. I don’t know if this time I bought the MGM company and will continue to be successful in the film industry where he has turned somersaults…”
Seeing this, William Chen put the newspaper on the coffee table.
Since the news of his acquisition of MGM came out yesterday, today we can see overwhelming related reports from the media. Of course, there are all kinds of comments, but the mainstream is still whether he can be in the film industry. The failures of previous years are called into question.
Chen William didn't pay too much attention to this. After all, since he acquired the "New York Observer", he has been accompanied by doubts along the way.
If those who questioned themselves were too far away from him, then why should they care about what the other party said, just like the eagle in the sky would not care about the sound of frogs on the ground.
Gu dump
It was around seven in the morning, and William Chen was in a seaside villa he had just bought.
The villa on Mabry Beach was just bought by William Chen for $20 million. Before the subprime mortgage crisis, the villa had been asking for as much as $35 million.
This mansion was designed by Frank Gehry, a famous architect of the generation.
In this mansion, there is a tennis court overlooking the sea, as well as facilities including swimming pool and spa room.
On the grass leading to the beach, there are stones that can be stepped on. When William Chen walked along this road to the beach last night, he found that the scenery was good.
The 11,413-square-foot two-story villa has a gym, wine cellar, loft, five fireplaces, six bedrooms, and ten bathrooms, enough for William Chen's temporary home in Los Angeles.
Malibu Beach Villas is a favorite location for many rich and famous. The 21-mile-long Malibu Beach is connected by several stretches of beach into a strip. Chen William's villa is located in the "Carbon Beach" where the super rich are mostly, while the other "Guangtan" is mainly for celebrities.
Chen William's favorite is this villa. There is a very large connected terrace outside. Whether it is the master bedroom or the living room, you can directly walk to this terrace with an invincible sea view.
It is worth mentioning that the climate of Los Angeles is relatively warm in all seasons. Even in January, the average temperature is around 7-18 degrees. Now that it is February, the highest temperature during the day has reached nearly 20 degrees.
If it's New York, it's still winter at this time, and in Los Angeles, you only need to wear a thin coat at most.
Perhaps the only downside is that the climate here in February can make it feel a little wet.
Chen William could faintly hear the sound from the open kitchen. He turned his head and saw a beautiful girl frying eggs there.
Uh, it's Jessica, who was in Hollywood last night when she knew that William Chen was coming to Los Angeles, so she came to experience the sea view of this new residence with him.
After a long time last night, Chen William can be sure that the sea view under the moonlight is very beautiful, whether it is in the bedroom or in front of the floor-to-ceiling windows in the living room.
Especially listening to the sound of the waves coming from a distance, with this sound, swinging the body makes it easy for people to integrate into the surrounding nature, and it is easy to become wild.
Because it was still very warm with the air conditioner on, at this time, she was only wearing a very short nightdress. From the side, she looked graceful.
At this time, Jessica twisted her hair up and made breakfast seriously, but she had the feeling of being a good wife and mother.
Seemingly noticing Chen William's gaze, she turned to look at with a sweet smile on her face, and opened her mouth to say something.
However, because the range hood was on over there, William Chen didn't hear her clearly, so he walked to her side and hugged her from behind.
"Honey, I'm cooking."
Jessica groaned.
"I just didn't hear what you were saying just now. I feel like this will make it more clear."
Chen William whispered in her ear, and the car saw that Jessica's face slowly turned red.
"Your reaction seems to be more than just inaudible," she muttered.
Hearing her say that, William Chen showed a smile on his face and grabbed the hem of her skirt...
"William, I'm frying an egg!"
"Oh...I know, dear, just do your thing."
"You..." Jessica had just said it, and quickly covered her mouth, her other hand supported the table...
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