Chapter 1580: Palm 1418: The Wealthy Tang Qing (Please Subscribe!)United States.

    Ge Family Manor.

    Upon receiving news from the underwriters, the Ge family raised their glasses in celebration.

    "It’s done."

    "This year’s biggest IPO on Nasdaq will definitely be Microcrystalline Technology."

    "Sold out in less than three hours. Tsk tsk, there are so many wealthy people. As a shareholder, I only got less than $30 million worth of issued stocks." Ge Zhong sighed deeply—it was truly a small amount.

    Too much capital has entered the market this time.

    And he’s just a shareholder?

    The allocation was pitiful.

    At this moment.

    He had already received solid information that the U.S. investment community was preparing to take advantage.

    The reason was simple.

    The global financial crisis had taken its toll, leaving countless investment institutions in the red, some suffering heavy losses.

    So what do they do?

    Of course, they try to recoup their losses. Therefore, when such a nearly guaranteed profitable venture appears, everyone pounced on it like hungry wolves, just to make their performance look better and offset some of the other losses.

    Thus.

    Behind the three-hour sellout.

    Various factions of capital had already prepared to push Microcrystalline Technology’s stock price higher. This way, everyone’s situation would improve—at least, during this cold financial crisis winter.

    To gather a bit of warmth.

    It was also because Tang Qing’s ten major scenarios were too "dreamlike."

    They decided to take the gamble.

    With so much major capital entering the market, one could imagine the insane spike Microcrystalline Technology’s stock price would soon experience.

    "What do you think Microcrystalline Technology’s market value on the first day will be?"

    "$40 billion?"

    "Come on, $40 billion is just a 10% increase—might as well say it hasn’t gone up at all. I think it’ll reach at least $50 billion on the first day, and around $60 billion within a week."

    "$60 billion? Then how much will our shares be worth?"

    "Around $5.5 billion."

    Originally.

    The Ge family held a 12% stake.

    After going public and including a 20% issuance plus an additional 5% over-allotment, their equity was reduced by a quarter, leaving them with only 9%. If we then add the $30 million worth of newly purchased shares.

    That figure was roughly accurate.

    "It’d be great if it could reach a market value of several hundred billion dollars," said Ge Zhong’s third brother.

    "Several hundred billion dollars? That’ll take years. Although major institutions are optimistic about it, ’Time’ hasn’t officially gone public yet, so there’s no way to assess its exact value. Their capacity is limited."

    Ge Zhong analyzed.

    These institutions want to make quick money.

    They’re not here to mess around.

    Microcrystalline Technology’s hottest product right now is holographic projection, but it hasn’t been listed yet. Market acceptance levels are unknown, and if the stock price is pushed too high and ends up stuck in their hands, that’s where stupidity comes in.

    "Forget about several hundred billion, but $70 to $80 billion shouldn’t be overly difficult. Surpassing $100 billion could also be possible," Ge Zhong commented. This time, Tang Qing caught a strong tailwind.

    "$80 billion works too. Surpassing $100 billion would be ideal."

    "More than $100 billion? Then wouldn’t the market value of our shares hit $10 billion?"

    "Exactly."

    "And Tang Qing?"

    "..."

    After a moment.

    Ge Zhong calculated.

    "If Microcrystalline Technology’s market value reaches $100 billion, Tang Qing’s 66% equity stake in Microcrystalline Technology will be worth—$66 billion."

    "Hiss!"

    "$66 billion?"

    "..."

    This number.

    Left them somewhat dazed.

    Because it already surpassed last year’s Bill Gates. Bill Gates’ net worth last year was $59 billion. This year, with Microsoft’s stock rebounding, he might have slightly more, but from the looks of it, it’s roughly the same.

    "..."

    Tang Qing.

    With one company.

    Has knocked Bill Gates off the top.

    So the second spot.

    Is finally changing hands. If ERV weren’t in the picture, Tang Qing would already be the world’s richest person!

    Terrifying growth speed.

    Terrifying young man.

    ...

    Saudi Arabia.

    Capital.

    Inside a luxury villa.

    Ayman was gathering funds from all sides.

    Preparing to support Tang Qing, buying some Microcrystalline Technology stocks. However, he realized most of his funds wouldn’t be usable, so he thought, fine—he’d just buy them after the listing and aim to recover his farm investment money.

    Under Tang Qing’s "enlightening" advice.

    Upon returning.

    He had picked a location for the farm. With his identity as a Saudi Prince, many business dealings became effortless. His grandfather was the previous king; his father was a prince who wasn’t retired.

    Still actively in office.

    As a prince working toward the country’s future, he strongly promoted agriculture.

    Support.

    Of course, there was support.

    Saudi media extensively covered it, and the King praised it. For a time, Ayman gained some prominence among Saudi Princes. After all, with thousands of princes in Saudi Arabia, it wasn’t easy to get noticed.

    This kind of praise.

    Gave Ayman a sense of spiritual fulfillment.

    He felt exhilarated.

    Inside the living room.

    "Ayman, Tang Qing is going to make it big," said the prince, sighing. Initially, he didn’t pay much attention to his son’s connection with Tang Qing, but Tang Qing’s meteoric rise made him marvel.

    He couldn’t help but feel a bit lucky.

    That his son managed to become friends with Tang Qing before he truly rose to prominence.

    Having such a friend.

    Was enough for Ayman to hold his head high among the princes. The current Saudi King was his uncle, and amidst his uncle’s numerous descendants, the children of the previous King didn’t enjoy much special treatment.

    When one passes.

    Everything changes.

    But one thing remains constant.

    Interests.

    As long as he could bring benefits to Saudi Arabia, the prince’s status would naturally change.

    "This is good news," Ayman laughed, recalling how his first encounter with Tang Qing revolved around a piece of glass. Tang Qing essentially saved him, and their bond had been great ever since.

    "Your wedding—make sure you treat him well during his time in Saudi Arabia. If you can bring in a few collaborative projects, even better," said the prince. It wasn’t that Saudi Arabia lacked money but rather that partnerships and connections mattered.

    "I’ll try."

    "Good."

    ...

    The next day.

    Early morning.

    After the Western media’s buzz.

    Domestic media wasn’t far behind, reporting Tang Qing’s massive gains. Thanks to prior groundwork, they quickly accepted it, leaving room only for awe at the power of technology, which stirred envy among countless domestic companies.

    Incredible.

    How many years has it been?

    Three years ago.

    Huaxia’s richest person was worth how much?

    Just a few billion RMB. But now, with the valuation increase from just Tang Qing’s company going public, it vastly exceeded that figure. Soon, some keen individuals started estimating Tang Qing’s net worth.

    "Comet Group’s slight upward adjustment after the new year brings Tang Qing’s equity to $23.1 billion in market value."

    "Microcrystalline Technology, at its current issuance price, renders Tang Qing’s equity at $23.7 billion in market value."

    "Qingyuan Technology’s valuation and issuance price are yet to be determined, but based on last November’s Forbes estimate plus growth, it’s projected to reach $20 billion, with Tang Qing holding nearly 95% equity, rounded to an estimated $20 billion market value."

    "Alibaba’s current market value is $46.7 billion. As Alibaba’s largest shareholder, Tang Qing personally, combined with Tianyan’s subsidiary Xiao Xiao, holds equity worth nearly $12.1 billion."

    "Tianyan Group..."

    "QingYang Audio..."

    "Sheng Tang Group..."

    "..."

    Adding them up one by one.

    The numbers left people wide-eyed.

    Holy.

    Is this real?

    My God.

    When you don’t calculate, you don’t know; when you do calculate, it shocks you. From last year’s Forbes estimates to now—just over three months—Comet Group and Microcrystalline Technology alone increased Tang Qing’s net worth by nearly $30 billion.

    Comet Group.

    Qingyuan Technology.

    Microcrystalline Technology.

    QingYang Audio.

    Alibaba.

    Tianyan Group.

    The equity of these six companies alone had pushed Tang Qing’s net worth past the $100 billion mark. If converted to RMB at the current exchange rate of 1:7, that’s over RMB 700 billion.

    And that’s just six companies.

    Sheng Tang Group.

    Wan Qing Mining. sea??h thё n?vel_Fire.ηet website on Google to access chapters of novels early and in the highest quality.

    Hummingbird Storage.

    Adding those controlling stakes.

    Plus holdings in Dream Melody Jewelry, Jinghua Real Estate, Manson Oil Company—all together could contribute another RMB 100 billion surplus. All in all, Tang Qing’s estimated net worth is at least RMB 800 billion.

    Let’s not forget.

    Microcrystalline Technology hasn’t even gone public yet.

    Nor has Qingyuan Technology.

    Both companies were currently assessed at their lowest valuations, and if they jump post-listing, then Tang Qing’s net worth would reach... RMB 1 trillion or more? Having seen this, they had only one sentiment they couldn’t help but voice:

    "Damn, that’s a lot of money."

    Nowadays.

    While people still think billionaires are remarkable.

    Tang Qing has already broken into the trillion territory.

    Wow.

    When the new Forbes list comes out, it’s bound to blind everyone. Due to property market controls and the global financial crisis, many real estate tycoons and those who made their fortune via listed companies have seen their net worth slashed.

    The drop was significant.

    If not for Tang Qing being Alibaba’s largest individual shareholder.

    Even Alibaba might struggle.

    And last year’s Huaxia wealth runner-up from Country Garden saw a reduction of at least 60% in value.

    This time.

    It’s going to be quite the spectacle.