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Chapter 204: Reaction and Shock, the Showdown

"Dude, are you really going to buy a private jet?!"

Chen Keke was the first among the many people present to react.

However, his words were mostly filled with surprise, after all, it was a private jet.

Owning a private jet would make travel much more convenient.

Especially for celebrities, they are constantly traveling to different cities.

Occasionally, there are even some overseas trips!

For example, recording variety shows or some events in Southeast Asia; many of these dramas have become hits overseas.

There are still some related promotional or business activities, etc.

"Jingyuan, is it really necessary to have a private jet?"

"There are quite a few fees involved; the amount of money required is not a small sum."

...

Liu Yulan couldn't help but speak up to persuade him.

The main concern is that my son might act impulsively and use all the money in his hands to buy a plane.

She felt that her son might have made some money through the stock market.

The problem is, this is a private jet, not an ordinary thing.

Ordinary people really can't afford it!

As for Reba Tianxiwei and others, they remained silent, mainly because they were not good at speaking.

"I've already calculated that a medium-sized private jet currently costs around $3000 million."

"Converted to Chinese Yuan, it's about 2 million. After that, there are management fees and fees paid to the airport management."

"It will cost around ten million each year!"

.....

Chen Jingyuan spoke seriously, clearly having given it careful consideration.

The price still made Liu Yulan and the others gasp.

Paying ten million every year is still quite a large sum.

To be aware, even a top-tier actress like Bai Lu only earns a little over ten million yuan a year.

Not to mention the cost of buying a plane; Bai Lu would need to work at least ten years to buy a private jet.

Dilraba might be a little better, but it will still take several years.

Furthermore, it is necessary to ensure that the reputation does not decline during this period, and there will be expenses every year thereafter.

Such a large toy is simply unaffordable for the vast majority of celebrities.

I don't even dare to think about it!

Hearing Chen Jingyuan's well-thought-out calculations, the entire room fell silent once again.

Among them, Dilraba and others were even more shocked, it was obvious that Chen Jingyuan was not acting on a whim.

"Brother, how much money do you have?!"

"Dare to buy a private jet?!"

Chen Keke asked a crucial question!

Just how much money does this guy have to dare to even think about buying a private jet?

"More than ten figures!"

After a brief moment of thought, Chen Jingyuan decided to reveal some information.

"A ten-digit number, that's a billion?!"

Wang Churan was the first to react and exclaimed in surprise.

Many people looked at Chen Jingyuan in astonishment, finding it somewhat unbelievable.

Everyone present knew about Chen Jingyuan's past.

Basically, I joined Tencent in 13 and it took off, which means it's only been about four years since then.

As a result, he has now accumulated a net worth of one billion, and this is in cash only, not including real estate.

This speed at which they make money is simply terrifying!

Considering that Chen Jingyuan receives more of a salary from Tencent Penguin Pictures, most of his money should be invested.

"Bro, how did you invest?!"

"Teach me, I've given up on trying."

Chen Keke's eyes were filled with a desire for money as she spoke.

Having funds exceeding one billion definitely qualifies one as a billionaire.

There is a clear difference between having assets worth hundreds of millions!

For example, people in Beijing and Shanghai might own houses worth tens of millions of yuan.

Despite having assets exceeding 100 million, the actual cash flow is not much.

Similarly, many companies are valued at over 100 million, but how much of that they can actually raise is unknown.

On the contrary, a billion is a different story. With a little effort, you can easily scrape together a few million.

Not to mention that Chen Jingyuan had a full billion in cash.

Not only did Chen Keke want to know how Chen Jingyuan invested, but everyone present wanted to know as well.

"Two or three years ago, I bought some Bitcoin."

Chen Jingyuan didn't hide anything and spoke up directly.

Bitcoin frequently makes headlines as it breaks the $10,000 mark.

The range from a few cents to tens of thousands of dollars is quite large.

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Many people regret not buying some back then!

Even if you buy it, you might sell it when the price rises to hundreds of dollars.

When Bitcoin's price reaches thousands of dollars, it's hard to believe that many people can remain calm and not be tempted.

There aren't actually that many people who can hold onto tens of thousands of dollars.

He did not refute the claim that he was worth 1 billion, and that 5 billion was also a ten-figure sum.

"Brother, I didn't expect you to be interested in Bitcoin."

"Two or three years ago, Bitcoin was also priced at two hundred dollars."

"Investment is no small amount!"

...

Chen Keke continued to exclaim, "But brother, a billion would be more reasonable."

Bitcoin does indeed possess such magic, enabling people's wealth to skyrocket in a short period of time.

As for the many people who also realized what was happening, they couldn't help but smile wryly.

Some of them had heard of Bitcoin but thought it was unreliable at the time.

There's not much security in cryptocurrencies.

Unexpectedly, President Chen is more decisive than anyone else, and now he has amassed a fortune of one billion.

But most people are still wondering whether or not to buy a private jet!

"Even with a billion dollars, isn't buying a private jet a bit extravagant?"

Liu Yulan continued, saying that she was mainly concerned about the money.

After buying a private jet, a quarter of the billion dollars was gone.

After all, buying a plane involves paying taxes and management fees, among other things.

There's still a lot left!

"Mom, enjoy yourself."

"There's no such thing as a waste; if you don't have money, you can earn it again."

...

Chen Jingyuan could still tell that his mother's tone was starting to soften, so he continued to add to the conversation.

"Mom, I support my brother!"

"Dilraba, do you guys think we should buy it?!"

After learning about her brother's financial situation, Chen Keke also started to support him.

This is a private jet; even Chen Keke never imagined that her family would one day own one.

When asked, Dilraba simply gave a polite smile.

She's not considered a member of the Chen family anymore, so it's really not appropriate for her to get involved in this kind of thing.

Although she was quite interested in private jets!

As for the others, they weren't stupid either; they made the same choice as Dilraba.

If the purchase hadn't been decided by the Chen family, it would have involved two hundred million yuan.

"Otherwise, purchasing it under a company name can offset some taxes."

Liu Yulan ultimately chose to compromise and proposed a solution.

However, he was rejected by Chen Jingyuan again, as he was quite familiar with the company's tax deduction system.

It means that wealthy people can get tax breaks when they buy yachts or private jets.

It's essentially still about exploiting loopholes!

The purchase of yachts and private jets is subject to taxation, but the government turns a blind eye to it.

For example, Chen Jingyuan purchased a medium-sized private jet worth 2 million yuan from abroad and brought it into China.

First, you need to pay a 5% customs duty, and then you need to pay a 13% value-added tax.

The tax payable will be approximately 3730 million!

The problem is that Chen Jingyuan doesn't want to leave any disputes in this regard, and he's not short of money.

Leaving a good impression on the country is worth more than money.

It has been decided that Chen Jingyuan will hire a legal team to help with this matter after the New Year's Day holiday.

Chen Jingyuan certainly couldn't handle the purchase of a private jet, including finding the right people, all by himself.

We have no choice but to hire a maid to help!

Once the decision was made, Liu Yulan did not object to anything further.

Chen Jingyuan is basically in charge of most things at home, and this time it's mainly because there's a lot of money involved.

Moreover, unlike houses, private jets have different attributes.

Anyway, the son is indeed rich, and may not even care about the small amount of profit that Lanco Entertainment Company makes.

Thinking this through, Liu Yulan stopped objecting and continued to urge everyone to eat more.

The private jet thing seems to be just a side story!

It was just something Chen Jingyuan casually mentioned, but it had quite a shock to Dilraba and the others.

A billionaire's net worth and a private jet!

In particular, Wang Churan's gaze was completely burning as she looked at Chen Jingyuan.

In other words, many people didn't realize it and didn't notice.

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