I can become stronger by paying salaries. I have one billion employees!

Chapter 708 A staggering 5000 billion US dollars in a year? The unpredictable Chen Yansen!
How much wealth does Chen Yansen actually have?

This is a question that not only Chinese netizens want to know, but also overseas netizens are curious about.

According to the 2013 Forbes Global Billionaires List, Chen Yansen had a net worth of US$980 billion.

At the beginning of this year, Pinduoduo officially went public, and the media estimated that his net worth had exceeded 3000 billion US dollars.

Regardless of the statistical method used, Chen Yansen is undoubtedly the world's richest man.

However, netizens know that among Senlian Capital's many subsidiaries, only Pinbei has gone public, and the other subsidiaries are not required to disclose their financial statements and equity structures.

The exact number of shares Chen Yansen holds, and the current status of his various projects, remain largely a mystery.

Forbes magazine initially did not want to include Chen Yansen in its statistics, but then it thought that if Chen Yansen was ignored, what credibility would the global rich list have?

Therefore, Forbes magazine had to investigate extensively. In order to estimate Chen Yansen's rough wealth, they even hired third-party investigation agencies and financial auditing firms to conduct a comprehensive review of Senlian Capital's various businesses.

When the 2014 list was released, netizens were stunned.

Bill Gates, once the world's richest man, has a net worth that is less than a fraction of Chen Yansen's.

After clicking the relevant link, netizens were redirected to the Forbes magazine website and could see the detailed data listed on the page.

Pinbei's current market value is US$2139.4 billion, with Chen Yansen as the largest shareholder, holding 74% of the shares, valued at US$1583.2 billion.

Orange Technology is about to go public, and Hong Kong securities firms have given it a valuation of US$2400 billion, with Chen Yansen holding an 82% stake, valued at US$1968 billion.

With assets from just two companies, Chen Yansen's net worth reached US$3551.2 billion.

It's worth noting that Bill Gates, who ranks second on the Forbes list of the world's richest people, only has a net worth of $760 billion.

Yunsu Express is valued at US$400 billion, but based on currently available information, it is impossible to determine Chen Yansen's specific shareholding ratio, which is estimated to be between 60% and 70%.

Even at the lowest estimate of 60%, this stake would still be worth $240 billion.

DeepBlue Technology is valued at $940 billion.
Kuaipao's valuation is US$380 billion;
Orange mobile phone factory: $26 billion;
Gaode Maps: $18 billion;
Today's technology company is worth $80 billion.
ByteDance's $70 billion investment;
Mimo: $120 billion;
Kuaidi Dache (a ride-hailing service) received $85 billion.
OFO bikes cost $35 billion;
Orange paid $320 billion.
StarSource Technology: $1400 billion;
Tiangong Technology: US$460 billion;
In addition, Forbes magazine also tallied the value of companies such as Orange Apparel, Xiaohongshu, Orange Supermarket, Orange Agriculture & Animal Husbandry Technology, and Orange Appliances.

The only problem is that they don't know exactly how many shares Chen Yansen holds, and can only estimate the figure based on previous financing reports.

However, this kind of "gut feeling" approach to calculation lacks rigor and naturally cannot yield accurate results.

In fact, Chen Yansen directly owns only Senlian Capital and a few other investment companies.

As for the equity of other subsidiaries, it is mostly controlled through nominee shareholding.

If outsiders can't even determine which investment companies truly belong to him, how could they possibly accurately calculate the size of his wealth?
However, in order to generate traffic and buzz, Forbes magazine still added the figure of '6014 billion US dollars' after Chen Yansen's name.

In other words, even if you put the second to tenth richest people on the Forbes list together, they wouldn't have as much wealth as Chen Yansen.

Li Jiacheng ranked eighteenth with a net worth of US$310 billion.

Ma Wenteng ranked twenty-first with a net worth of US$190 billion.

Ma Liyun ranked 67th with a net worth of US$148 billion.

The number of billionaires worldwide has reached 1646, with an average net worth of US$41 billion and a total net worth of US$6.9 trillion, far exceeding the US$5.4 trillion in 2013.

Chen Yansen alone contributed 5000 billion US dollars.

When Forbes magazine linked the figure of "$6014 billion" with Chen Yansen's name, the servers of global financial websites experienced a surge in traffic almost simultaneously.

Netizens around the world were stunned when they viewed the list.

"Mr. Chen earned 5000 billion US dollars in a year?"

"With 14 billion people in the country, if Brother Sen gives each person 357 million US dollars, we can instantly become a developed country!"

"Hey buddy upstairs, do you always sneak off to PE class during math class?"

"To be honest, I usually feel a bit resentful of the rich when I see others making money, but I really can't bring myself to hate Brother Sen! He is indeed rich, but he is also genuinely good to his employees."

"If I were the boss, I wouldn't even give out the 'four days on, three days off' benefit, let alone overtime pay. If you want to work, work; if you don't want to work, get out!"

"Me too! When I was an employee, if the boss wouldn't let me slack off, I'd yell at him; now that I'm the boss, I'll yell at anyone who dares to slack off!"

In the comment sections of Toutiao, Douyin, Kuaishou, and Xiaohongshu, netizens expressed their opinions and discussed the topic animatedly.

What frustrates netizens the most is that although Senlian Capital has a lot of job openings, there are simply too many people in China who want to join.

Every time they recruit, hundreds of people compete for the same position, making it just as difficult as taking the civil service exam. Everyone knows Senlian Capital offers good benefits, but you still have to be able to squeeze in!
Domestic netizens are discussing it extensively, while overseas netizens are also shocked.

For two consecutive years, the title of the world's richest person has been taken by an Asian man named Yansen Chen.

Bill Gates and Mexican telecom tycoon Carlos both lost twice in a row.

In the comments section of related videos on YouTube, North American netizens couldn't help but exclaim, "At the rate at which Chen Yansen's wealth is growing, even Bill Gates couldn't catch up with him even if he rode a rocket."

"For the next ten years, the title of the richest man on Earth will belong to Yansen Chen, and no one else can claim it!"

"Heh, you guys actually believe that? In reality, there are at least thirty people richer than Chen Yansen, but would Forbes magazine dare to publish all of them?"

The dissenting voices in the YouTube comments section quickly sparked even greater discussion.

A British netizen chimed in, "Don't be silly, the real top billionaires never appear on the list. They control banks, energy, and media. Forbes is just a tool they use to divert attention."

These words quickly gained the approval of many people, with one person citing the example that "the super-rich in the Arctic have never appeared on the rich list."

Some people speculated with certainty: "Chen Yansen may just be a 'puppet in front of the stage,' with a more powerful capital force controlling him from behind the scenes."

Even the success of geniuses has a logical basis, but the existence of prodigies never follows reason.

In their view, Chen Yansen, who raked in 5000 billion US dollars a year, was so abnormal that he was not a normal person at all.

On Facebook, more and more people are beginning to describe Chen Yansen's wealth trajectory as "irrational growth".

Someone dug up the business registration information of Senlian Capital when it was first established in 2010 and found that the company, which initially had a registered capital of only 3000 million yuan, had expanded into a business empire with a valuation of over 6000 billion US dollars in just four years.

This speed is three times faster than Microsoft during the dot-com bubble, which is completely out of step with the normal cycle of business development!

It took Apple 25 years to break the $100 billion market capitalization mark, Google took 10 years, but Pinduoduo went from its founding to its IPO in less than three years. This is simply unbelievable!
But behind this counterintuitive behavior lies a business logic that most people overlook.

In an interview, a senior investment banker from Goldman Sachs analyzed Senlian Capital's expansion path and stated bluntly: "It is not the linear growth of a single company, but an explosive growth of ecosystem synergy."

Pinbei's e-commerce business brings more than 3000 million orders per day to Yunsu Express. Yunsu Express's logistics network reduces the shipping costs for Pinbei merchants, increases the scale of the industry, and thus forms an ecological closed loop of 'e-commerce → logistics'.

Meanwhile, Orange Pay provides payment support for Pinbei, and the accumulated user data can in turn benefit Pinbei, KuaiRun, and Orange Supermarket, allowing the growth of each subsidiary to drive other businesses, which is naturally much faster than a single company.

More importantly, Senlian Capital has a precise grasp of emerging trends.

In 2010, the company ventured into social e-commerce and smartphones; in 2011, it entered the private logistics industry and offline electronic payment field; in 2012, it entered the lithium-sulfur battery and cross-border e-commerce business; in 2013, it got involved in chip design; and in 2014, it set its sights on lithography machine research and development.

It is worth noting that each of Senlian Capital's moves is not an isolated, single-point attack, but rather a collaborative operation involving the upstream and downstream of the industry chain.

What they didn't know was that Chen Yansen had just obtained the first business license for a private aerospace company in China.

at the same time.

At the entrance of the Jingzhao Yin (Prefect of the Capital), the lights were dazzling and carriages and horses filled the gate.

Ma Wenteng stroked his chin, glancing at the intersection every now and then.

"This kid is truly a monster!"

Little Ma thought to himself.

He scoffed at the information published by Forbes magazine, deeming it too conservative.

Generally speaking, from the establishment of a company to its listing, the founding team's shareholding ratio will be diluted through several rounds of financing, and it would be good if they could maintain 30%.

However, Chen Yansen's control over his subsidiaries reached an unprecedented level, with at least a 60% shareholding.

Looking across the country, only Ding Lei of NetEase can rival him.

To achieve this level, three key requirements must be met: First, the project must have exceptional profitability and be able to consistently generate high returns; second, the project must have a fast development pace and must achieve its listing goal within three to five years; and third, no strong competitors capable of threatening its position should emerge during the same period.

Take Ele.me and Meituan as examples. Although Zhang Xuhao and Wang Xin are quite capable, they just happened to run into Pei Yi's crosshairs.

Otherwise, these two companies might have grown into top-tier super unicorns in their respective fields.

Lei Yijun and Zhou Hongyi exchanged a glance, then turned their heads away, letting out a disdainful snort at the same time.

At this moment, a black Maybach, flanked by two Mercedes-Benz vans, was slowly driving towards the direction of the Prefect of Jingzhao.

(End of this chapter)