Entertainment 2000: Supporting female stars will bring you a hundredfold return

Chapter 385 Hurun and Forbes: Revealing Director Tang's True Net Worth! The Scammer Appears
Tang Wen's assets in the country also include the CBD of Jiangnan Yuhang and shares in Tencent.

These have been featured in the news.

Then someone revealed online that Tang Wen owned a number of courtyard houses.

Overseas, Tang Wen is a shareholder in Galaxy Entertainment in Hollywood.

These days, it's not easy to look up information.

Not to mention, it involves overseas assets.

Netizens have been debating this for days, but there has been no progress.

The initial enthusiasm has cooled considerably.

"I didn't expect that 40 billion wouldn't be the end of it!"

"Does this count as getting tired of counting money?"

"They're just tired of investigating assets."

"..."

Without the involvement of people close to Tang Wen, it would be very difficult to figure out his assets.

At the very least, a professional team would need to conduct an investigation over a period of time to make it possible.

Netizens don't have the resources or the patience.

Tang Wen, seeing that the news had been hyped up enough, instructed Renren.com to give it some guidance.

Netizens then hastily drew a series of conclusions:

The CBD in Yuhang is under construction, let's say it's worth 5 million.

Several courtyard houses, let's say they cost 5000 million in total.

The land in question is an asset of JD.com and Bluestar and should not be counted twice.

Next is the shareholding in Penguin…

It's no secret that Tang Wen invested in Tencent, but the exact number of shares he holds is unclear to outsiders.

All I know is that it's above 12%.

Because when he made his first investment, he disclosed data to the media in order to boost public confidence in Tencent.

Penguin's shares were later traded again.

South Africa’s MIH Group has acquired shares in other entities.

Whether Tang Wen bought any, and how much he ultimately held, is hard to say.

Assuming Tang Wen's shareholding remains unchanged, neither selling nor buying.

Penguin's current valuation is $2 million.

Tencent has started to make a profit, but it relies too much on Mobile Dream Network and has no other profit channels besides derivative businesses such as QQ membership and QQ Show.

The market valuation reached 200 million, thanks to the combined efforts of Tang Wen and Renren.com, which helped the number of users surpass 300 million ahead of schedule.

In the original timeline, at this point in time, the number of users was only over 200 million, and the valuation was only 60 million US dollars.

Currently, MIH in South Africa owns 25% of Penguin's shares.

Tang Wen invested twice and earned 20.5%.

IDG, an investment firm, holds 7.2%.

According to the original plan, this 7.2% should have been repurchased by the Tencent team.

But Tang Wen got involved and, together with the founding team of Tencent, shared the 7.2%.

He got 3%.

In other words, he now holds a total of 23.5% of the shares.

It far exceeded the 12% that outsiders had speculated.

Based on external speculation and the total valuation of Penguin.

Tang Wen's assets are worth 1.9 million RMB, but can be roughly counted as 2 million RMB.

Therefore, his net worth is estimated at 47.8 billion.

Chen Lihua, a famous female tycoon, is comparable to the woman who married Tang Sanzang.

There is one last asset that is completely opaque and cannot be verified – Galaxy Entertainment.

Galaxy Entertainment is a private company owned by Tang Wen and Robert.

The outside world has no idea how much of a share he owns.

Online experts provided a detailed analysis.

They believe Tang Wen is just a director, a high-level working man.

Robert was originally a shareholder of New Line Cinema and a big shot in the Hollywood entertainment industry.

When Galaxy Entertainment was founded, Tang Wen was basically a new director and had no resources to speak of.

Starting an entertainment company in North America definitely relies entirely on his partners.

I'd be lucky to have even a small share of the company.

Therefore, Tang Wen's shareholding should be below 10%.

The analysis seems to make sense.

However, this is far from the truth.

His and Robert's shareholdings are almost reversed.

When the company was first established, Robert never imagined it would grow this big; he was only after Tang Wen's copy of "Saw".

Of course, Tang Wen couldn't possibly step forward to clarify these things.

The issue of Tang Wen's net worth, which has been hotly debated for many days, has finally been resolved.

Let's assume Galaxy Entertainment has a market capitalization of $3 million.

This is already a pretty good valuation.

The valuation was given after fully considering the high risks of the film industry.

The final conclusion is: [Tang Wen's net worth – 50 billion!]

It's not that no one objects to this data and calculation method.

For example, some people believe that Tang Wen's stake in Galaxy Entertainment in Hollywood should be even larger.

He repeatedly transferred funds from abroad back to China for investment.

It must be the major shareholder.

However, the poster countered: Hollywood mogul Robert is not a philanthropist and would not give Tang Wen too many shares.

Secondly, the money Tang Wen withdrew might have been the return on his own investments in Hollywood films.

This statement is also correct.

Most netizens accepted the claim of a net worth of 50 billion.

In 2003, it was an astronomical figure.

According to the Forbes Rich List released last October, Rong Zhijian ranked first with total assets of 7 billion RMB.

Tang Wen is only 20 billion less than him.

According to the rich list statistics, 50 billion RMB is enough to rank third!
It surpassed Sun Guangxin, who was originally ranked third on the list with assets of 49.66 billion yuan.

The news that "famous director Tang Wen is worth 50 billion yuan and is among the top three richest people in China" spread across the internet and throughout the country in a very short time.

Many newspapers followed suit and reported on it.

As a result, more people started believing in it.

The discussions became even louder.

Many people in the real economy were secretly astonished: Is making movies really that profitable these days?

As for those who question it, they mainly question the inflated value of his net worth.

Some commentators and public intellectuals wrote articles in newspapers:

[It is said that net worth fluctuates like the stock market. Tang Wen's assets are not listed on any company and have not gained widespread recognition, so they are not even as valuable as the stock market.]

It's just a cheap attempt to attract attention.

Tang Wen's acceptance by Hollywood is a great blessing.

They should be focusing on filming in the US; they really shouldn't be investing and promoting themselves everywhere...

Through the newspaper, one could sense this person's longing for America and his displeasure at Tang Wen becoming a billionaire at a young age.

Tang Wen was too lazy to pay attention to the other party.

The hype surrounding his net worth brought a new wave of traffic to Renren.com.

During this period, Renren.com's advertising and SMS revenue increased significantly compared to usual.

During the hype, Tang Wen simply told Tencent not to reveal their shareholding percentage.

For such a small matter, Pony Ma naturally cooperated, and even joked, "I think it's only a matter of time before President Tang becomes the richest man in the country!"

Tang Wen replied jokingly, "You guys need to keep working hard! Should the company implement a '007' system?"

"What is 007?" Little Ma asked curiously.

Tang Wen: "A particularly focused work mode, where you only need to work from midnight to midnight the next day, and only 7 days a week."

After a long silence, Little Ma shook his head and smiled, "President Tang used the word 'only' very well."

The two chatted for a few minutes.

We discussed the next steps for Tencent's development over the phone.

With 3 million users, QQ has brought not only increased market value, but also huge maintenance costs and operational pressure.

Next, Pony Ma wants to take his company public.

Tang Wen recalls that the penguin rang the bell in Hong Kong in 2004.

With his involvement, Tencent's valuation is now higher, it has more users, but the pressure is also greater.

To achieve significant growth, going public and raising funds is essential.

Tang Wen had no objection to this, but simply instructed him to do a good job with the QQ Games lobby.

I hung up the phone with Little Ma.

Tang Wen then called Ding Lei, the chairman and CEO of NetEase.

"President Tang, what a rare guest! When will you be visiting the company?"

Ding Lei had a good impression of Tang Wen.

Back in 01, when NetEase's stock price plummeted to its lowest point in the US market, at only $0.48 per share, Tang Wen acquired 6% of the outstanding shares.

This averted the delisting crisis for NetEase.

Later, Tang Wen's stock manager spent another $1000 million to help him buy 8.5% of NetEase's shares from News Corp Australia.

Tang Wen now owns 14.5% of NetEase's shares, making him the absolute majority shareholder.

Of course, it's far less than the 58.5% of founder Ding Lei.

When acquiring more than 5% of the shares, Tang Wen made it public through financial institutions and also informed Ding Lei. This is in accordance with financial regulatory requirements.

At that time, NetEase was on the verge of collapse.

Ding Lei was eager for someone to buy his stock, but all he knew was that the acquirer was a Hong Kong company.

The parent company behind it is registered in the British Virgin Islands.

They did not know who the real beneficiary was.

Later, Tang Wen took the initiative to contact him, and he realized that Tang Wen was the one behind it all.

Ding Lei has absolute control over the company and is not worried about Tang Wen becoming too powerful; his tone on the phone was very relaxed.

The two arranged to have a meal together.

Ding Lei and NetEase will also not disclose Tang Wen's shareholding situation.

Within the venture capital circle, perhaps some people know this.

But they won't say anything.

Venture capitalists are driven by profit, and Tang Wen's company was too tempting for them.

Sooner or later, they'll need to raise funds and go public.

They didn't want to offend Tang Wen.

Tang Wen updated his status on Renren.com as a formal response.

He was quite vague about the figures netizens speculated about his net worth:
[Don't take personal valuations too seriously; the road ahead is long but bright, and I will continue to work hard.]

Then, employing the usual tactics of a talented scholar, he composed a poem:
[Tang Wen expresses gratitude to the audience and for their attention]

[A young man's journey through life is fraught with hardship; he begins his ascent by diligently working on the silver screen.]

Fortunately, you all have shown me kindness, preventing me from making money that leads to wrongdoing.

The last half of the sentence is adapted from Tang Bohu's poem expressing his aspirations: "In my leisure time, I write about green mountains and sell them, so that I may not make money that causes harm to others."

The second half of the sentence was adapted by Guo Degang, the head of Deyun Club. Tang Wen had listened to a lot of crosstalk in his previous life and was very familiar with it.

Guo Degang hasn't become famous yet, so it's not time to talk about money.

He never uttered that line of poetry.

This became a semi-original work by Tang Wen.

Renren users will see it first:
"Yeah, what are those people outside so sour about? Tang Wen's money is all clean, but what about theirs?"

"Well said, 'Don't make money that causes harm to others!'"

"These days, I've been so focused on how much money he has that I've forgotten he's a talented man. He earned his money through his talent! He's nothing like those swindlers and con artists who are rich outside!"

"That's right, he's also a writer."

"..."

Tang Wen's "poem" reminded everyone of his multiple identities.

It has evoked widespread recognition.

Yup!

Tang Wen earned his wealth cleanly through his talent and investment acumen.

In the simple values ​​of the Chinese people, those who succeed through writing and talent deserve special respect.

Lately, women have been subtly inquiring whether Tang Wen is really that rich.

Tang Wen would often counter with, "What do you think?"

Actually, the person who asked already had the answer in their heart.

Even if it's not that much, I think even at half price, it should still be around 25 billion, right?

this--

A 21-year-old billionaire!
Just thinking about it makes my heart tremble.

The women felt proud and strengthened their resolve to stay with Tang Wen.

In fact, their scandals with Tang Wen were common knowledge, which effectively blocked most of their escape routes.

How many respectable men in society can tolerate their wives having affairs with other men?
It's the kind of thing that everyone knows.

Women think similarly, but they express themselves differently.

Fan Bingbing said in a coquettish tone that she was tired lately and wanted to be taken care of.

The easygoing Dong Xuan, encouraged by her best friend, has started considering having children.

Tang Wei lamented to Cai Yinong that he couldn't keep up with Tang Wen's pace.

Li Xiaoran and Jia Jingwen secretly admired him.

The latter contacted media outlets and websites in Taiwan to help reprint Tang Wen's news.

Besides helping Tang Wen gain fame, it also had a practical purpose.

In Taiwan's entertainment industry, you can't survive without someone backing you up.

After returning to Taiwan, Jia Jingwen never kept a low profile and always acted under the names of Tang Wen and Lan Xing.

The greater Tang Wen's fame and strength, the more unrestrained she can act.

This trick is cliché, but no one in the entertainment industry can resist it.

The news spread throughout Taiwan, and when Jia Jingwen went to the TV station to discuss matters again, she saw even more smiling faces.

After all, Guo Taiming, the richest man in Taiwan at the time, was worth only a little over 100 billion yuan when converted to RMB.

Tang Wen's net worth of 50 billion is enough to intimidate the entertainment industry in Taiwan.

"Jingwen, it's so hot today. I passed by a milk tea shop and brought you some lemon tea!" A slightly exaggerated voice came from behind.

Alyssa Chia turned around and saw Little S's bright smile.

She thought it was a joke to herself, but her eyes remained unchanged.

Little S is very outgoing and is also the goddaughter of Wang Weizhong, the godfather of variety shows in Taiwan.

She was the female host she selected for the variety show.

"Sister Jingwen, after our program airs, will President Tang come to watch?"

"Maybe, do your best."

"Yes, yes, I will definitely try my best."

Jia Jingwen looked at her face and secretly shook her head. If it were your sister, she might have a chance.

After reading the news, Gao Yuanyuan felt proud for a while, then suddenly had a flash of inspiration and called Tang Wen: "Do you support our magazine?"

"Of course I support it."

"Then please grant us an exclusive interview!"

"Your women's magazine can interview men?" Tang Wen, a fashion industry insider, was indeed not very familiar with this.

"Why not? I can even shoot a cover for you. It's a deal then."

"Hey, wait a minute. What's the market value of your magazine?"

"What, tycoon?" the beautiful woman said coquettishly, "It's just starting out, maybe only a few million."

"Then you can't afford my appearance fee."

"You're asking me for money?" Da Meiyuan said, displeased.

"We'll see how you do~"

Gao Yuanyuan was taken aback, then realized what was going on.

The difficult persuasion work began that very night.

Fortunately, as an actor, he delivered his lines fluently and didn't neglect his verbal skills.

After two nights of hard work, we successfully persuaded Tang Wen to agree to an interview and a set of cover photos for the September issue.

As for the August cover, Gao Yuanyuan invited Alyssa Chia, and the photoshoot and layout were already done, so it's not easy to change it.

The topic of Tang Wen's net worth remains a hot one.

A top billionaire in his early twenties, a charming and talented playboy, a Hollywood director, and a pop star!
It's generating tons of buzz!

Seeing such a lively scene, Rupert Hoogewerf, the founder of Hurun, an organization that specializes in creating rankings, couldn't resist jumping on the bandwagon.

Hurun originally had a partnership with Forbes China, but they separated this year, with Hurun now focusing on his business.

Rupert Hoogewerf also has some resources overseas.

He appeared at an entrepreneurs' forum in Shanghai and, in response to questions from the host, shared his views on Tang Wen's net worth.

"The analysis online is not professional. I think Tang Wen's value as a director is underestimated, and by a significant margin!"
His true net worth might shock everyone!

It is no coincidence.

The head of Forbes in China, in an interview, also stated:

"Director Tang Wen is not only an outstanding artist and a commercially successful director, but also a great entrepreneur and investor. His value is definitely underestimated."

He met the surprised looks of the reporters.

He started advertising for Forbes magazine:

"Please pay attention to the October issue of Forbes magazine this year. We will do our best to conduct the most thorough investigation and provide you with the most accurate data possible!"
Revealing Director Tang Wen's True Net Worth!

Tang Wen: ...I really thank you guys!
Originally worth 50 billion, he crashed into the entertainment industry like a burning meteorite.

So you're going to keep pouring oil on it, making the whole sea burn, right?

How much money do you actually have?

Inside the car, Tang Wen sat next to the beautiful Da Meiyuan.

Tonight is a cocktail party organized by several fashion brands.

Gao Yuanyuan, as the manager of Harper's Bazaar, was invited along with editor-in-chief Su Mang.

Tang Wen is Da Meiyuan's date today.

The organizers prepared a red carpet in a very professional manner.

Gao Yuanyuan, the most famous artist they could afford, made a grand finale appearance.

Tang Wen's arrival was a completely unexpected and delightful surprise for them.

At the fashion party, female models walked the runway, and many wealthy middle-aged men were present.

As Tang Wen entered, everyone's eyes turned to him, some with surprise, some with admiration, and some with scrutiny...

The party had just begun.

The organizer led a man and a woman over. The man was dressed in a sharp suit, looked to be in his forties or fifties, wore gold-rimmed glasses, and had a refined and gentle demeanor, but his eyes inexplicably carried a hint of frivolity.

The woman was young and beautiful, and judging from their intimacy, they must be a couple.

"Mr. Tang, Mr. Gao, this is Mr. Xie from Huasheng Group and his wife, Ms. Guan."

"Mr. Tang, I've heard so much about you!" As soon as the organizer finished the introduction, Mr. Xie eagerly extended his hand.

Tang Wen almost lost his composure: Mr. Huarsen, are you the one who used a fake jade burial suit to fraudulently obtain loans?

(End of this chapter)