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Chapter 384 Tang Wen's Net Worth Revealed: A 40 Billion Yuan Tycoon?! (Please Subscribe)
That night.

Sister Yu did not appear in Tang Wei's bedroom.

It wasn't that she didn't want to, or that she was afraid.

The fatigue from the last battle was still lingering, and they hadn't recovered yet.

Right now, I need to write a script and busy with casting, but I can't let it interfere with my original work.

They had no choice but to painfully abandon this attempt to "steal" someone.

Stealing from someone once takes two or three days to recover, which is too much of a hassle.

Meanwhile, Tang Wei, seeing that Yu Feihong didn't seem to be angry, didn't call Tang Wen once after they parted ways.

The anger in my heart has dissipated a lot.

Yu Feihong didn't care about her provocation.

If she becomes any more aggressive, it's as if she's in the wrong.

She analyzed in her mind that Yu Feihong's position was probably similar to that of Li Xiaoran or Sister Zu Xian.

She's the type of gentle, older sister type.

I won't cause trouble for Tang Wen.

This is the most troublesome situation.

Because they have low demands and don't fight or compete, they can't be driven away at all!

Tang Wei became a director, which allowed him to enter the upper-class circles of Shanghai and Jiangnan.

I have witnessed the moral character of some so-called upper-class people.

I feel that none of them can compare to Tang Wen in terms of character, appearance, or earning power.

But when it comes to being a womanizer and having affairs, they are all incredibly promiscuous.

Some people reportedly bought an 18-story building and had one woman living in each room.

Where to sleep each day depends on choosing a name card.

Some women have had twenty or thirty children, half of whom are of mixed race.

All I can say is that you can't imagine the happiness of the rich unless you experience it firsthand.

Compared to them, Tang Wen is simply a role model... Pshaw!

He mustn't hear this.

Tang Xiu's petite body nestled against his chest: "Let's ask Teacher Yu out another day, and tell her it's my treat to dinner."

Tang Wen: "..."

Test me?
I don't care if it's fake or not, I take it all as real!

"Let's not postpone it to another day, how about tonight!"

"you"

Tang Wei wanted to pinch him, but she was too exhausted to even lift her hand.

"What do you mean, 'what do you mean'?" Tang Wen poked her little face.

Tang Wei: "Don't be so arrogant."

She wanted to say something harsh, but when she did, she sounded weak and powerless.

There's no way around it, my body is completely drained, that's how I am.

Tang Wen kept teasing her, and even pretended to reach for the phone on the bedside table to call Yu Feihong.

Tang Wei was so angry that she started biting wildly.

Tang Wen pinched her cheek: "Here's a plan. Another day I'll say you're asleep, call her over, and then you suddenly wake up in the middle of the night to see how she reacts."

Tang Wei's lively doe eyes became dull, and her mind went blank.

"I'm so stupid, really. I only knew you were a pervert, but I never imagined you were this perverted."

"What's the word?"

He patted the pert part of her body.

Tang Wei was powerless to resist and could only complain, "This is something no human could have come up with!"

"I'm a genius!"

"I'm praising you?" Tang Wei rolled his eyes.

What kind of genius is this?

She wanted to ease tensions with Yu Feihong, not for any other reason than to find an ally.

Yu Feihong is so laid-back and old, she doesn't pose much of a threat to me.

Tang Wen is such a beast, he's like a bull demon every day.

No one can handle it alone.

From any perspective, I need to find a partner.

Like Dong Xuan and Li Xiaoran.

Aside from his womanizing ways, Tang Wen is perfect in every other way. You can't leave him, and you don't want to leave him at all.

What can we do if we don't compromise?

Lost in thought, Tang Wei fell into a deep sleep and slept soundly through the night without any dreams.

When she woke up after a good night's sleep, she had no idea that Tang Wen had left the night before.

I spent half the night at Dong Xuan's house being a good older brother...

Yesterday's interview has been published online and in newspapers.

"Is he a second-rate singer overall?"

The readers were speechless.

The magazine published photos of Tang Wen promoting his movies and records overseas.

Wherever they went, crowds flocked to them.

The accompanying photo shows a group of foreign girls waving flags with Tang Wen's name printed on their faces, looking like die-hard fans.

The photo is accompanied by the record sales figure: 500 million+!

After all, it was an era dominated by physical records, and breaking the 10 million mark took time.

This number is already quite staggering.

Warner Music's company valuation increased as a result.

Tang Wen reportedly has over ten million fans worldwide.

It is entirely reasonable to bestow upon him the title of "King of Pop."

As a result, you yourself became a "second-rate singer".

Are there any truly first-rate places in the world?
People flocked to Renren.com and left messages on Tang Wen's homepage.

Too many people wanting to complain are coming in, causing the webpage to lag, making it as slow as a PowerPoint presentation.

There's more than one trending news story.

Regarding the film's box office performance, there have also been media reports.

Tang Wen's film "Pirates of the Caribbean" has grossed over 5 million US dollars, or 40 billion RMB!

40 million.

There's no news story that grabs attention more than a sum of money.

"Over 40 billion, how much money does the richest man in China have?"

"Director Tang single-handedly dominates the entire entertainment industry!"

"The domestic entertainment industry simply can't compare to him!"

"..."

The speed at which news and information spreads today is far slower than in the information age of later generations.

During the last wave of publicity, Tang Wen was not in the country and could not interview the person in question. He could only repost news, which only attracted the attention of a few people.

Now, after a period of fermentation...

The renewed surge in popularity has an even greater impact.

Those who were initially skeptical of the news now fell silent.

Tang Wen is listed on both the US edition of Forbes' list of celebrities and list of highest-paid individuals.

Doesn't that demonstrate his strength?

These days, everyone knows the world's richest man, Bill Gates, and the investment legend, Warren Buffett. It can be said that the worship of wealth is beginning to emerge.

Led by some media outlets, netizens enthusiastically discussed Tang Wen's net worth.

First is Blue Star Entertainment.

From the outside, Blue Star is practically a wholly owned company of Tang Wen.

When netizens finished listing all the TV dramas produced by Blue Star, their eyes almost popped out of their sockets.

The quality rate is too high.

"No, Blue Star has only been established for a few years, yet it has already produced so many high-quality products?"

"How much money will that make?"

"There is an analysis post from an industry insider on Renren.com, which has been featured and verified by the website."

Users from other forums flocked to Renren.com.

If you don't want to read long posts, just scroll to the end of the post and see the conclusion:
[...Considering combined revenue from artists, copyright income such as ringtones, and film and television dramas, Blue Star Entertainment's market value is conservatively estimated at approximately 20 billion yuan. An absolute industry leader.]

Tang Wen, reminded by Xia Tian, ​​also saw the post with over 10,000 likes.

It can only be said that the estimate was indeed too conservative.

The other party was unaware of Bluestar's specific profit situation.

They just gritted their teeth and estimated it at two hundred million.

Then, based on the current valuation of private film and television companies, which commonly uses the market multiple method, the conclusion of 20 billion was reached.

In fact, the net profit generated by just the two shows, "Avenue of Stars" and "Super Girl", has exceeded 100 million yuan.

In terms of film and television dramas, both new and old series have been sold to multiple companies in multiple rounds.

After deducting costs, making a profit of 2 million should not be a problem.

In terms of movies, there are currently "Jade Goddess of Mercy," "Peacock," and "Infernal Affairs 3," which will generate 200 million in profit, so that should be no problem either.

Of these three films, "Jade Goddess of Mercy" only earned a few million from box office revenue.

However, with buyers from Japan, South Korea, and Southeast Asia, the copyright is expected to fetch between $2 and $300 million.

That translates to a profit of nearly 2000 million.

Thanks to the prestige of the Cannes Film Festival, "Peacock" grossed over 3000 million yuan at the mainland box office and over 1600 million Hong Kong dollars in Hong Kong.

Although the subsequent production faltered, it was enough to cover the filming costs beyond director Tang Wen's salary.

"Peacock" is not an entertainment film that audiences enjoy.

It looks rather dull, which means the box office won't be very high.

However, after winning two awards at Cannes, "Peacock" sold its overseas rights for more than 2000 million US dollars.

They earned 1.6 million from overseas copyrights alone.

The first two movies together grossed approximately 1.8 million.

With the upcoming release of "Infernal Affairs 3," the film has already begun to generate revenue through the sale of copyrights and DVD distribution rights.

The next step is to see how well it performs in theaters.

No matter what, Infernal Affairs 3 couldn't possibly not even make 2000 million, right?

then.

Music revenue was also underestimated.

The viral internet songs that Tang Wen wrote for Huang Bo, and the representative works that Phoenix Legend created in advance.

Each and every one of them is a legend in the world of ringtones.

There are also his own, Wang Zuxian's, Wang Xinling's and Zhang Liangying's.

In the original timeline, ringtone copyrights were in disarray.

Many artists and copyright holders have not received any royalties, or their share is less than 5%.

Even more serious pitfalls await ordinary singers, such as a lack of data transparency.

But Tang Wen wasn't afraid of that; he knew this money wouldn't be easy to get.

The original plan was to leverage connections within the propaganda department to influence the telecommunications sector.

Then I thought about it and realized that doing this long-term was probably not feasible.

Trying to hit a cow from across a mountain is a thankless task.

Therefore, cooperation with the three major telecom operators in the Jiangnan region was strengthened.

The cost of downloading ringtones in other regions will be collected by the Jiangnan operator.

The operators in Jiangnan will take a cut.

Of the total revenue that goes into Bluestar's account, 50% will still be left.

Currently, payments are settled monthly, and income has been steadily increasing, with the monthly amount received rising from over 1000 million to over 2000 million.

Ringtone revenue peaked and continued to rise for the next few years until 2007.

All you need to do is keep creating new songs that suit the tastes of the masses.

This money can last for many years.

Blue Star Entertainment will share profits with singers and creators.

The singers received a smaller share, as stated in the original contract.

When Huang Bo signed with Phoenix Legend, Tang Wen specifically pointed this out.

At the time, the three of them didn't care at all. Back then, ringback tones hadn't even been invented yet, and they had no idea what ringback tones revenue was.

Even if they receive a smaller share, each hit song can still bring in millions of yuan a year.

The company settles accounts with them quarterly.

When the profits were split for the first time, I saw that the amount was more than a million yuan more than I had estimated.

Huang Bo was terrified, thinking the company had miscalculated. He called Xia Tian and said jokingly, "President Xia, you can't test me like this! No artist can withstand such a large sum of money."

I learned that it was a share of the revenue from ringback tones.

Huang Bo suddenly realized: "Chairman Tang is truly farsighted."

To be honest, such a large sum of money is indeed a test for the three of them.

They talked privately about how much the company must be making by giving us such a large share.

As a result, when he went out to perform at a commercial event, he met a singer he knew, and his friends in the industry inquired about him.

They take the most! And it's not just a little bit more.

Some of these singers, lacking understanding, were tricked into signing buyout contracts for thousands or tens of thousands of yuan.

Some songs have copyrights held by the company, so the owners never see any money from them.

There are also people the company wants to give money to, but the company itself is not competitive and doesn't receive any money in the first place.

It's not just ordinary singers who aren't getting paid.

Even those who have been famous for a long time find it difficult to win.

Only a very small number of singers can actually receive a substantial number of awards.

Huang Bo and Feng Huang Chuanqi immediately went from having some reservations to feeling admiration and gratitude towards Tang Wen!
Mr. Tang is amazing!
Visionary and talented!

The three of them discussed it and decided to give Tang Wen a gift.

Make something out of pure gold.

When Tang Wen found out, he refused: "Save the meager earnings you make to buy a house in Beijing!"

Of the revenue from Blue Star's music ringtones, singers take a small share, while Tang Wen takes the majority.

The company's annual profit is still above 5000 million.

Including the artists' income and profit sharing, Wang Zuxian, Phoenix Legend, and Huang Bo are the company's three money-printing machines.

Wang Xinling and Zhang Liangying are making rapid progress.

In addition to Dong Xuan and her team, the annual profit from artist management can exceed 6000 million yuan.

The big head is from Wang Zuxian.

Just looking at the profit figures might not give you a strong sense of the situation.

A comparison will show you just how exaggerated it is.

New Pictures, which gained fame last year because of "Hero".

The total profit was only 7500 million.

The success of "Hero" is difficult to replicate.

These celebrities from Blue Star have their prime years yet to come.

In short, Blue Star's profits are not just 200 million, but more than 600 million.

The company's market value, even at a low estimate, is at least 5 to 60 billion.

That sounds a bit exaggerated.

In fact, Tang Wen's success was due to a combination of foresight, a system, networking, and personal experience—all of which were indispensable.

Because Tang Wen frequently snatched projects from other companies.

Today's entertainment industry lacks the foreshadowing of a multitude of powerful figures emerging in the original timeline.

Huayi Brothers, with the help of Feng Xiaogang, has made a difficult transformation.

He is trying to transition from an advertising agency to film and television production.

As for artist management, Wang Jinhua has joined, but she is not on the same page as them, and the business has not yet taken off.

In 2004, Tom Group acquired a 35% stake in Huayi for US$1000 million.

Huayi's total market value is approximately US$3000 million, or even lower.

Their 2004 film, "A World Without Thieves," was snatched away by Tang Wen ahead of time.

Other companies, such as New Pictures, are currently collaborating with Tang Wen on "House of Flying Daggers".

The person who is being praised is Dong Xuan.

After receiving investment from Tang Wen, Yu Dong's Berna has managed to grow to a certain size, having already expanded to 20 people.

They are currently trying to get in touch with Yang Shoucheng in Hong Kong, hoping to obtain the distribution rights for some Hong Kong films in mainland China.

Television drama production company.

The Book of Changes (Zhouyi) is almost swallowed up by the Tang Dynasty.

Two of the three treasures of the I Ching are working for Fan Bingbing.

Zhang Jin, who was left behind, was giving Tang Wen martial arts instruction.

The team of writers that Zhou Yi is so proud of is currently working for Blue Star.

Hairun was kidnapped by Tang Wen, who also hijacked the movie version of "Jade Goddess of Mercy".

I heard that Liu Yanming regretted it so much at the dinner table that he kept slapping his thigh.

"Bright Sword" was originally a drama produced by Hairun.

But this was only the beginning; little did Liu Yanming know that he was about to lose even more!
For example, "Blood Romance," which hasn't even been written yet but has already been pre-ordered.

Unable to withstand the powerful offensive from Blue Star's public relations department, the original author of "Little Soldier Zhang Ga" had no choice but to betray his friend and sell the copyright to Blue Star at a higher price.

Not only were new companies in mainland China bleed dry by Tang Wen, but the same was true for Huan Ya in Hong Kong.

The Infernal Affairs series was originally their project.

Tang Wen seized the opportunity and dragged her over...

After two years of rapid and unregulated growth, Bluestar has built up a considerable capital advantage over these companies.

Take TV dramas as an example. There are only so many authors and screenwriters in the cultural circle who can produce high-quality projects.

Under Tang Wen's arrangement, they were basically kept under surveillance by Blue Star Entertainment's public relations department.

These creators may have some connection with Liu Yanming, Feng Xiaogang, and others.

However, Blue Star Entertainment excels at—adding money!
In a competitive copyright race, Bluestar could immediately raise the price by one million!

Furthermore, Bluestar invests more in film and television dramas, aiming for high-quality productions from the very beginning.

If you are still not satisfied, Renren.com can cooperate to carry out activities to boost the author's book sales and make the author famous.

A series of combined punches were delivered.

They offer money and benefits, help you gain fame, and use the public relations department's "female beauty offensive."

If anyone still has the nerve to plead with the original author, saying, "For the sake of our brotherhood, please give me the novel,"...

The author must be incredibly annoyed.

That friendship is probably over.

Even if other film and television companies are willing to drastically reduce their share of the profits from TV dramas.

Blue Star Entertainment can totally do the same.

When it comes to selling TV series, Bluestar is known for its ability to fetch high prices.

Simply put, Tang Wen's Blue Star has become a true giant in the industry.

The cost is that some companies have had their development space squeezed.

However, Bluestar will not engage in artist management or distribution.

That leaves a way out for other companies.

Blue Star Entertainment, valued at 20 billion yuan, is only a part of Tang Wen's assets.

Renren.

This year, it has become the most visited website.

It became the top of the four major portal websites.

The other three are all listed in the United States, and their valuations are not low.

2003 was a turning point for the internet industry.

The dot-com bubble from North America has finally burst.

The three major websites in China all achieved profitability in the second quarter of 2003.

Develop the best Sina through SMS value-added services and advertising.

Total revenue for the second quarter reached $2600 million.

The profits amounted to 7 to 800 million US dollars.

At its peak, Sina's total market capitalization was US$16 billion.

Sina's profits are not the highest.

NetEase, the developer of "A Chinese Odyssey," has a relatively low percentage of advertising revenue, but higher profits, approaching ten million US dollars.

The company's market capitalization is slightly lower than Sina's, at approximately $15 billion.

Compared to these three companies, Tang Wen's Renren.com also has a game company and has launched SMS value-added services.

However, there is still a long way to go before it becomes profitable.

Because Renren.com is not simply a portal website.

It contains too much content and too many sections.

An investment analyst posted an analysis:

If Renren.com wants to develop all its various sections to a certain scale, it will take at least 3 to 5 years and burn through more than 20 billion yuan, or even more.

Therefore, financing is essential.

Renren.com is welcome to contact Sequoia Capital.

Netizens commented: "If it weren't for the last sentence, I almost would have believed it."

A day later, the analyst added a follow-up reply:

Major investment institutions value Renren.com at between $2 million and $3 million.
If it can find a reasonable way to make a profit, it can turn a loss into a profit;

Or discard some redundant sections and travel light.

The valuation will be even higher!

The investment community is not optimistic about Renren's development strategy.

One criticism is that Renren.com is too comprehensive.

They get involved in every sector.

Secondly, I simply can't understand it.

I don't understand where the future lies for sections like "Zhihu," "Douban," "Local Communities," and "Celebrity Homepages."

It would be difficult to sustain such a large website solely through advertising.

Netizens don't care about these things.

They were calculating Tang Wen's net worth with great interest.

Based on Tang Wen's 70% stake in Renren.com, we can estimate his value at 2.5 million yuan.

That translates to 14 billion RMB.

Tang Wen's net worth skyrocketed to 34 billion.

The topic is gaining more and more attention.

Renren.com is not the only one capitalizing on this trend; other portal websites and Tianya are also fueling the fire.

The topic's popularity has expanded from online to offline.

After a few days, even the newspapers were reporting on it.

Even middle-aged and elderly people who work in factories or offices and know nothing about computers and the internet have come to know about a director named Tang Wen, who is young but has a considerable net worth of several billion.

Jiangnan, Alibaba headquarters.

The Jack Ma team just finished their mid-year summary meeting.

2003 was a significant turning point for Alibaba.

In May, Jack Ma defied public opinion and launched a new business – Taobao.

They are actively planning to launch "Alipay" to solve the problem of mutual trust in payments.

These two laid the foundation for their future e-commerce empire.

For the past few days, I've been listening to the employees talking about Tang Wen.

At the dinner table, he couldn't help but ask, "What's been going on with Tang Wen's JD.com lately?"

"They partnered with Hasee Computer and Renren.com to launch a program that offered subsidies for students to buy computers upon enrollment."

Simply register as a JD.com user and pay a deposit of 199 yuan.

You can then buy a 15-inch LCD screen computer for 4588.

"This price isn't profitable, is it?" Jack Ma was surprised by JD.com's generous offer.

“Our marketing department’s analysis shows that we won’t make much profit per computer, but we definitely won’t lose money.” The speaker was Dai Shan, employee number 11, who is the vice president of Alibaba’s marketing department.

"Pre-ordering and bulk purchasing can save a lot of costs." Jack Ma is an expert in this area: "How much is the order quantity?"

"It has broken the 15 mark."

"How much?" Jack Ma was no longer calm, and his voice was so loud that it attracted the attention of everyone around him.

"Indeed, there were 15 computers. Renren.com was the key driver of traffic. This website is a gathering place for college students. Not only freshmen wanted to buy computers, but many sophomores and juniors also participated in the event."

Dai Shan continued, "At the Shenzhou factory, the employees have already started working two shifts."

15 computers!

If you can easily make 100 yuan per machine, how much money is that?
Jack Ma's expression was beyond serious: "Why didn't you tell me sooner? Hurry up and prepare the materials, and hold a meeting to discuss JD.com!"

After issuing the instructions, Jack Ma looked at Cai Chongxin and asked, "What's the reaction from the capital market? What's JD.com's valuation?"

Cai Chongxin, who was in charge of capital at Alibaba, immediately picked up his phone and made a few calls.

After putting down his phone, his expression turned solemn:

"JD.com has risen too fast. Currently, the financial market values ​​it at around 1 million US dollars, or 8 million RMB."

Some more optimistic investment institutions have given it a valuation of 10 billion RMB.

However, JD.com rejected all offers of support from investors.

It seems Tang Wen really did invest 300 million last year!
There's hardly any moisture.

Jack Ma: "You got a valuation of 10 billion just from a computer sales event?"

"Thanks to the traffic generated by Renren.com, JD.com's registered users have exceeded 400 million. Among them, the number of active users has exceeded 50."

Jack Ma's pupils constricted, and he lost all appetite. He threw down his chopsticks, turned around, and went to his office.

My mind was blank except for one sentence: Tang Wen, JD.com, Alibaba's greatest enemy!

It's no secret that Tang Wen invested in JD.com.

JD.com's market value was dug up a few days later.

The media and websites continue to calculate Tang Wen's net worth.

Assume that CEO Liu Qiangdong and his team own 30% of the shares.

Therefore, Tang Wen owns 70% of the shares.

Based on a minimum of 9 million, that's 6.3 million.

Tang Wen's total net worth has reached 40.3 billion!
But how old is he?
However, this is not the end of the story...

(End of this chapter)