Debuted right after graduating from high school

Chapter 728 The Undervalued Worth

A few days ago, Fan Wumian made preparations to consolidate his existing business before the financial crisis arrives in the second half of next year, and then launch a new round of asset allocation after he has fully digested and laid a solid foundation.

However, since the business has expanded so much, there are still many problems to be solved in the short term.

In the evening, after spending some time dealing with the backlog of urgent emails in his inbox, he unexpectedly learned that in the Yanjing Extreme Spirit Realm Penguin City project, several residential buildings had been topped out, with only two commercial buildings remaining, one in front of the other, expected to be completed in April or May next year, just in time to install the glass curtain walls.

There's also the 10 mu of desert that we promised to help Shenzhen officials manage. To support this, we acquired a company that specializes in pig farming. Recently, we started bidding to purchase black piglets, as well as reusable fences and mobile pigsties, to prevent the piglets from running around and delaying the progress of the experiment to manage desertification with black pigs.

In return, Fan Wumian's private estate has been promised that if the several annex buildings, the maid's house, and the main building are separated and their certificates are issued separately, and a certain amount of land transfer fee is paid as a token gesture, a 70-year property ownership certificate can be obtained.

The land reclamation permit specifies that this piece of land is planned as an independent small island right next to the shore, about 20 to 30 meters away from the shore, adjacent to "Liuhua Mountain", which was reclaimed from the sea in 1995, and connected to the shore by a dike.

Because it is located in an inner bay, the hydrodynamic exchange is particularly weak, and the surrounding seawater is relatively clear. In addition, the area will be developed into a park in the future, making it a quiet oasis amidst the hustle and bustle, and particularly livable.

Taking advantage of the opportunity to acquire land to build the headquarters building, Little Ma also obtained a long and narrow piece of land, with a total area of ​​about 11 acres, which is only a little over 100 meters away from the site chosen by Fan Wumian.

The reason they were given special treatment to secure the land was that they agreed to invest a total of 50 billion RMB over the next 10 years to build the world's tallest three-tower tower, as well as a research and development center and incubation park. This was something that others could only envy.

There was nothing we could do; they gave us too much.

What was done above was simply adjusting the plan and converting the two plots of land into residential land. There was no violation of regulations. If someone has the ability to invest billions of RMB and create thousands of high-paying jobs, they may also have the opportunity to negotiate similar terms.

After dealing with numerous trivial matters, it wasn't until a little after 7 p.m. local time that Fan Wumian took Zuo Ziyan out for a walk to visit the Arch of Constantine and the Colosseum.

the next day.

Using the excuse of shooting an advertisement, Fan Wumian, unusually open and aboveboard, brought Zuo Ziyan to the Valentino headquarters in the center of Rome.

They picked out a few new outfits for her from the next season, and had the photographer take several sets of photos. Fan Wumian also took the opportunity to have a meeting with the executives of Valentino.

This brand's performance is truly outstanding. Because it was barely surviving last year, Valentino's revenue in the third quarter increased by a whopping 16.9 times compared to the same period last year.

Unable to find fault with anything, Fan Wumian simply praised them and said that bonuses would be increased at the end of the year, encouraging everyone to keep up the good work.

In early October, Valentino attended Paris Fashion Week in France, where Victoria's Secret supermodels Miranda Kerr and Doutzen Kroos were invited to attend, and the reason is obvious.

Although the newly launched product series was not as sensational as last year's, the main "Pastoral Workshop" theme still received widespread attention.

In particular, a poster featuring models working in a workshop, dressed in increasingly sexy and alluring outfits, exuded a strong aura of hormones that seemed to be overflowing, and was used as wallpaper by countless men around the world.

It's worth mentioning that Feng Ying'er, Yang Mi, and Liu Shishi all participated in the fashion show this year. Fortunately, unlike the Victoria's Secret Fashion Show, the requirements for body shape are not as high. Afterwards, it attracted widespread attention in mainland China, Taiwan, and Hong Kong, which helped to boost their popularity.

After taking the photos.

Seeing that Zuo Ziyan had changed into her own clothes, Fan Wumian asked:
"Those outfits we just picked out, should we have them packed up and sent to your school, or mailed directly to them?"

Zuo Ziyan waved her hand and said:

"No need, I'll buy it when it's released. Anyway, it's too cold to wear the new spring/summer styles now. I'd like to know why this year's Paris Fashion Week theme is 'Pastoral Workshop'?" Fan Wumian replied.

"It's very simple. Because the leather elements of the pastoral and workshop styles are more prominent, they are suitable for advertising new bags and belts. The cosmetics business is just starting out and has a relatively low market share. Clothing and shoes are relatively expensive. More than 70% of Valentino's revenue comes from leather goods."

Recalling a funny incident that happened at the end of September, Zuo Ziyan said with a smile:
"Your company's handbags are really good quality. There was a woman in Amsterdam, Netherlands, who knocked out a thug who tried to harass her with a studded bag. The news spread all over the world."

With a tone that was both amused and exasperated, Fan Wumian said to her:
“I remember that when I first arrived in Kuala Lumpur by boat, I specifically allocated a budget of 200 million euros to have the public relations team contact the media to hype this up.”

Zuo Ziyan then spoke:
"The studs on the bag can be used as weapons, and the studs on the shoes must hurt a lot when you kick someone, but I've always felt that Valentino shoes are not very comfortable to wear, as they are too focused on sexiness. Most of the heels are particularly high, and the shoes are also a bit heavy. However, the tall boots that are the main focus this winter are quite nice; I've seen several pairs at school."

As the boss of this company, Fan Wumian mainly focuses on performance and judges which design renderings are usable and which are not from a straight man's perspective.

Judging from the performance growth data and external feedback on the new products, his aesthetic sense clearly caters to most people.

For example, following last year's limited edition Sanxingdui gold mask bag, today they launched a new model with bird totems embroidered in gold thread and rubies set as the bird's eyes. Only 99 pieces were released worldwide, priced at a whopping 79,999 euros, which attracted a large number of wealthy women to rush to buy it.

At last month's Paris Fashion Week, Fan Wumian specially arranged a "dragon" themed event, launching products including bracelets, earrings, rings, belts, handbags, and clothing. Among them was a dragon-shaped bracelet with diamonds set in the body and emeralds for the eyes, priced at a whopping 99,999 euros, which is worth millions of Hong Kong dollars according to the exchange rate. Limited to 49 pieces, it was pre-ordered.

The dragon-shaped bracelet was actually inspired by Cartier's panther bracelet. Whether foreigners approve of it or not doesn't matter, but buyers from Japan, South Korea, Hong Kong, Macau, Taiwan, mainland China, and Southeast Asia really love its design.

It's not that Fan Wumian is heartless and wants to rip people off with these limited-edition products; he just wants to create some hype and further enhance Valentino's "high-end" brand image.

As long as the wealthy cannot support high revenue and market value, the middle and upper classes will be the main force of consumption. Some young white-collar women in Hong Kong earn tens of thousands of yuan a month, but they spend it all on a handbag.

However, even if Fan Wumian didn't do this business, they would still give money to brands like LV, Chanel, and Gucci.

Rather than letting others make money off him and then looking down on them for being foolish and rich, at least he was genuinely grateful to these clients, which made his path to becoming the world's richest man smoother and faster.

As a non-listed company, Valentino has no obligation to disclose detailed financial reports. Thinking that making a fortune quietly can avoid being targeted and suppressed, Valentino has not released revenue data for the second and third quarters since announcing a surge in revenue in the first quarter of this year.

The Hurun Rich List, released at the end of last month, only gave Fan Wumian a total net worth of $40 billion. Before he could even speak, countless netizens and financial professionals jumped out to say that he was far underestimated.

Assets such as Valentino, unrealized gains in personal finance, and equity in WM Rogers hedge funds have not been fully accounted for. Compared to other super-rich individuals whose wealth is mainly reflected in the stock market, Fan Wumian's assets are indeed difficult to estimate.

He is actually quite curious about "how much money he actually has?" and is considering finding a trustworthy valuation analyst to calculate it when he has some free time at the end of the year.

In the valuation process, it is generally necessary to refer to the price-to-earnings ratio of similar listed companies. However, stock markets in various countries are currently at a relatively high level, so even if a figure is obtained, it is not very accurate.

He has so many assets that even Fan Wumian sometimes forgets them all.

For example, Dongbu Fortune Network recently sent a document showing a surge in active users and a month-on-month increase in advertising revenue.

At first, Fan Wumian thought it was another company trying to offer itself up in hopes of securing funding.

A moment later, he remembered that he had already invested 200 million RMB in this Shanghai-listed company, formerly known as "Dongcai Information Technology Co., Ltd." (End of Chapter)

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