Debuted right after graduating from high school

Fan Wumian was quite happy because he enjoyed the blessing of having a baby but didn't suffer any hardship in taking care of it.

During her pregnancy, he was largely uninvolved, and Jessica Alba didn't really want him to get involved or interfere in raising their daughter.

However, after receiving a gift worth approximately $6000 million, Jessica felt that Fan Wumian actually liked the baby quite a bit, and that it wouldn't hurt to visit occasionally, as it would be more beneficial for her little girl's growth.

There was no way around it; they gave us way too much.

Whether it's the $2000 million worth of Apple stock, the estate in the Hollywood Bel Air region, or the private island in the Bahamas, Jessica Alba was stunned. It was hard to imagine that he was so generous. Compared to those "black dads" who suddenly disappeared, it was like heaven and earth.

At this moment.

Fan Wumian stroked his daughter's little feet and continued:

"Keep these for her for now. Later, a lawyer will contact you to arrange for her to join my family trust fund and receive dividends regularly, which will serve as child support."

Jessica Alba is holding her baby. Although she has just given birth, she still looks stunning, with little change in her face and figure.

She asked curiously:

"Since it's from you to your daughter, I'll keep it for her. My own income is enough to cover her expenses, so don't worry about me misappropriating her money. How much child support does your family trust fund typically provide each year?"

Fan Wumian's gaze remained on his little girl as he chuckled and said:

"This is my first child. Some related charters are under discussion. It will probably give about $200 million a year, starting from birth and continuing until death. There will also be some additional dividends, which will most likely be more than $200 million."

“I hope they can have their own lives, and I don’t think my children are capable of managing my business empire. So, apart from some gifts, most of my assets will be handed over to a family trust fund to manage in the future.”

"You can help oversee this money until they turn 20. Withdrawals between their 20s and 30s will still require your consent. I believe you have her best interests at heart, but I don't trust her ability to manage it well in the future, so proper oversight is necessary. If she can't handle it in the future, and easily acquiring enormous wealth ends up harming her, I also have the right to reclaim dividends from the family trust."

Ordinary people with only a pittance often cause trouble, let alone Fan Wumian, who is now quite wealthy and may even expand to an astonishing level in the future.

How to effectively pass on wealth and positively motivate children to become better is a difficult problem that Fan Wumian has to consider. After much thought, he can only draw on some mature operational experience and try to avoid putting all his eggs in one basket to prevent them from being usurped.

The real estate business under their control will be placed into a separate family trust in the future. The hydropower stations and photovoltaic projects they plan to invest in, as well as the internet business, automobile business, and so on, will also be managed by an independent family trust.

This will create a system where power is shared among family members, professional managers, and third-party oversight bodies. This will prevent outsiders from seizing control of the family business and effectively avoid having a spendthrift "family head" who could ultimately ruin future generations.

The scale of wealth involved was so enormous that Fan Wumian felt that not only he himself, but also his children, could be implicated and face annihilation.

Therefore, he had already begun to plan for the inheritance of his wealth, and had put a lot of thought into it, having to guard against both outsiders and his own people.

Fortunately, the operating model of institutions like the Rockefeller Family Trust has proven to be feasible, but there are still many other issues to consider.

For example, if any descendant takes advantage of the loophole and has many children to "generate income" for themselves, or even colludes with outsiders to have children and defraud money, then we need to find ways to restrict them and set an upper limit for receiving dividends.

After several generations, the family may grow to hundreds of people, and the pressure to distribute dividends will be enormous, which will also require reducing the welfare of future generations.

In addition, there are lazy people who reap without sowing. It is unfair that they receive money just like some smart and hardworking descendants, even though they have achieved nothing.

To this end, Fan Wumian, together with lawyers and consultants, formulated a series of detailed rules and regulations. While ensuring fairness as much as possible, they also added penalty clauses to prevent certain descendants from acting recklessly and wantonly.

In short, Fan Wumian's children are very comfortable, and his grandchildren can also win without lifting a finger, but the dividends they receive will decrease and various restrictions will increase as time goes on.

For example, if a great-grandson performs exceptionally well, gets into a prestigious university, and gains the approval of family members, he may receive a huge support reward. Some less successful younger generations can only receive a small share of the profits, and the payments will stop when they turn 40, and they can only receive their pension after they turn 60.

Many things are too far in the future; it's hard to say whether Fan Wumian will still be alive by then, so why would he care about a raging flood?

If some of his children or grandchildren are outstanding enough, he wouldn't mind allocating more resources to them.

Considering the large number of his young girlfriends and the possibility that they might continue to have uncontrollable sexual advances, Fan Wumian no longer expects his children to be very united, and it would be difficult to treat them all equally. He can only hope that his children and grandchildren will have their own blessings.

He felt that providing future generations with an exceptionally high starting point already puts them ahead of countless ordinary people. The foundation would cover all their education, medical care, and living expenses. If they still couldn't succeed, then it would be better not to support them at all, which would save him more trouble.

Jessica Alba didn't think that much about it. She was quite wealthy herself now, and the total amount of the gifts Fan Wumian gave to his little girl exceeded 1 million US dollars. She wouldn't have to worry about making ends meet.

She continued, "When little Ona grows up, what kind of person do you hope she will become?"

Fan Wumian replied without hesitation:

"I have no other expectations, I just want to be healthy, sunny, and happy and enjoy life."

"If a person is content with the status quo and lives for the moment when they are young, eating and drinking whatever they want, then when they get old they will find that they don't seem to have any major regrets in life."

“I’m not afraid of my children eating and drinking and paying for their normal living expenses, but I am afraid that they will overestimate their own abilities and think about investing huge sums of money to try to start a business. Although they may inherit our good genes, what we can do, our children may not be able to do either.”

“Sometimes being too ambitious is not a good thing. For example, those Americans who studied hard, worked hard, and saved money desperately a few years ago, finally managed to pay the down payment and high loan interest on a house, but then they encountered the subprime mortgage crisis. Their invested funds quickly evaporated, and many years of hard work went down the drain.”

"On the contrary, those who rented the apartments unwittingly escaped a disaster, only to find that the original winners were now back on the same starting line as them, having enjoyed many carefree and happy years before."

People's joys and sorrows are not shared, Jessica Alba simply smiled and said:
"I sold my Beverly Hills house for a pretty good price, almost doubling my purchase price." Fan Wumian paused for a few seconds to mourn the countless middle-class people who had been exploited, then pointed to the contract again and said:
"The Bel Air mansion I prepared for you was priced at $3800 million at the beginning of the year, which was roughly the cost price. Now I bought it for only $2600 million."

"I heard the seller cried when they signed the contract. Most of the money will go towards repaying bank loans, and the rest will be used to cover the company's losses. They've lost tens of millions of dollars. This is a house the elderly couple prepared for their retirement. The garden looks beautiful. Would you like to take a look?"

"I'm free these few days. Does Little Ona want to sleep?"

Jessica looked at her little girl and said with a bright smile:

"Okay, I'm currently renting an apartment, shall we go to her new place now?"

“You shouldn’t have surprised me. You should have told me sooner. I’ve actually bought a house in Malibu Beach, which is only half a mile from your Iron Man mansion.”

"What do we do now? Sell the house in Malibu Beach again? I just met with the designer the day before yesterday to make some changes to the interior."

Fan Wumian, unaware of this beforehand, shook his head and laughed:
“Let’s go, if the price is good, let’s keep it. Buying at this time is like buying at the bottom. No matter where you live in the future, you can hold it for a few more years.”

"As for Apple stock, just forget about the $2000 million. Hold onto it for the long term no matter what. The private island is fine, but I bought it at a low price because the seller is selling it urgently at a reduced price."

"I don't think any young girl could refuse having her own private island right after birth, where she could rent it out and earn some rental income."

They chatted as they got on the bus.

The little girl was full of energy, but she fell asleep shortly after the car started moving.

The Bel Air area is as famous for its luxury homes as Beverly Hills, with entry-level prices even higher. It is a true affluent area with a very comfortable environment.

--------------

After a few days, the novelty of becoming a father slowly wore off.

Fan Wumian took Daddario with him to New York to handle some business matters and accompanied Zovin Rogers to meet a group of Wall Street bigwigs.

During the conversation, someone mentioned the Myth+ video website, saying they wanted to raise over $1 million for a 10% stake. Fan Wumian simply smiled and declined, saying he would inform them when he needed funding.

Although WM Rogers hedge fund has offended many companies, it has also successfully helped countless wealthy investors make money. Because it is engaged in asset management, it is not actually hated too much on Wall Street. On the contrary, many people admire and respect WM Rogers' good judgment.

On Wall Street, those who can make people rich are the most popular. Zovin Rogers has a very wide network of connections and even introduced Michael Bloomberg, who is also a member of the billionaire club, to Fan Wumian.

At the party, some of New York's top socialites tried to flirt with Fan Wumian, but none of them caught his eye. Instead, a tech-savvy white guy named Scott Farquhar chatted with Fan Wumian for half an hour and successfully secured $3000 million in funding from him.

Scott Farquhar and his partners started a technology company that provides collaboration and development tools to users around the world. With the App Store already launched and market demand expanding, Fan Wumian believes that Atlassian, a company valued at $5800 million, has a promising future.

After spending a few days in New York, Daddario stayed with him in hotels every night. In the end, he needed to hold onto the wall to get out of bed and walk, and his expression was one of utter discomfort.

After finishing his business, Fan Wumian continued his journey by private jet to Venice, Italy.

The 65th Venice International Film Festival has just opened. Even if you lose your sense of smell and can't smell the stench, Venice, a city built on water, is still quite interesting.

Fan Wumian's company has produced three works: "Dying to Survive," "The Stolen Years," and "American Dreams in China." These films were brought to the Venice International Film Festival for exhibition, and many celebrities also came to join in the fun, either busy looking for new filming opportunities or simply seeking attention and getting a few news articles and trending topics.

Baby Yang and Wen Yongshan also came. They were so happy to see Fan Wumian that they were practically snotting up from their noses. They busied themselves helping him find local food, attractions, and so on.

In the end, it was Da Bingbing who, despite repeated failures, finally got her wish one night. She received a call from Fan Wumian in the middle of the night and quietly slipped into his room.

It has nothing to do with feelings; I just happened to run into someone and was simply relaxing and having some fun.

The next day, Fan Wumian ran into Da Bingbing in the film festival's trading area. On the surface, she showed no signs of anything amiss. She was clearly experienced in such matters and had such high emotional intelligence that she didn't put Fan Wumian in any difficult position.

Even though Fan Wumian didn't contact her again for the next two days, Da Bingbing still greeted her with a smile, and soon got the opportunity to star in an ancient costume time-travel drama.

Suffocated by the sewage in Venice, Fan Wumian then spent a few days at his own French wine estate before returning to the port city.

9 month 7 number.

The sudden takeover of Fannie Mae and Freddie Mac, the two largest mortgage lenders in the United States, was so unexpected that it almost caused Fan Wumian to suffer heavy losses. Fortunately, he still managed to make a profit of $3.1 million in the end.

Another week or so passed, during which Fan Wumian was making a fortune. He was lying on his soft bed sleeping when he was suddenly woken up by a phone call and unexpectedly learned that Lehman Brothers had declared bankruptcy.

In the week or so prior, Lehman Brothers' market capitalization plummeted from $117 billion to $25 billion, so it's not surprising that such a mess was abandoned.

However, the US government's prolonged inaction terrified the market, and the financial crisis that Fan Wumian had been waiting for finally erupted in full force. The faster the market fell, the happier he became as he sat in front of his computer.

Including WM-Rogers hedge fund, he spent more than two hours in front of his computer, during which time he made a total profit of about $27 billion, and even more money for his clients.

After a period of excitement, Fan Wumian lay back down on the bed to continue sleeping, thinking that the A-share and Hong Kong stock markets were probably doomed, and he wondered how many people would be ruined.

However, he had publicly warned many times before, but what could he do if others didn't listen?
Having eagerly anticipated a financial crisis, Fan Wumian is now somewhat bewildered as the crisis has actually arrived. After all, the market has been relatively smooth sailing for the next few years, lacking any real challenge. (End of Chapter)