Reaching the age of thirty, my income randomly doubled-Chapter 683 493 Fire

Meng Yuanyuan inexplicably stopped sending messages to Chen Tan.

And she blatantly ignored his request to meet, leaving Chen Tan quite confident.

He threatened Meng Yuanyuan, saying that if she didn't reply within an hour,

we'd break up immediately. I don't want you anymore.

Then he was shocked.

Meng Yuanyuan really didn't reply to his messages.

Chen Tan, full of rage, unleashed his male chauvinism and sent a message to break up.

And even posted about it on his Moments immediately.

The aftermath was predictable; they really ended up saying goodbye.

Some things were inexplicable, others were unclear and indescribable.

In Chen Tan's eyes, he was the one who dumped Meng Yuanyuan first.

Even the second aunt panicked, urging him to immediately go apologize to Meng Yuanyuan and clarify the situation.

Chen Tan wouldn't go. Perhaps in his eyes, he already saw himself as a super-rich second-generation.

That's why he had the confidence to do so.

He even boasted that without Meng Yuanyuan, there's Zhang Yuanyuan, and he could certainly find someone richer.

Upon hearing this, the second aunt thought it made sense.

She hurriedly dragged the third aunt to go find Song Yanxi to introduce a girl who came from a wealthy family and was even prettier than Meng Yuanyuan.

Idle at home, Er Piya heard this conversation and immediately went to her room to open a small drawer, taking out a red mirror bought for two Yuan each at the street market.

This definitely needed to be shown to the second aunt and Chen Tan.

If her brother, Little Third Chen Lu, grew up, then he could afford to be picky about girls like Meng Yuanyuan.

What gave Chen Tan the right?

The second aunt took the small mirror handed to her and thought, what did this mean?

Why couldn't she understand?

Song Yanxi sneered, not saying anything unpleasant, only asking her to go home.

If she hoped for an introduction, no chance.

With quirky relatives like these, living in the Tower King Villa, they almost forgot it wasn't their own house.

Those with inflated egos and no self-awareness, she would not help at all.

When Chen Pingsheng returned, Song Yanxi even spoke to him about this.

He too felt it was a bit much, that no matter what, expecting the woman's family to buy a house and let them both live in it.

Was this treating people like fools?

When Chen An'an grows up, if anyone dares to suggest such a thing to him,

he'd certainly sweep them out with a broom.

Seeing that it's almost November, in two more months the six-month test period for Tengfei New Energy will end.

He should start preparing, mainly since the funds for 2019 are still incomplete.

Considering the current market share of new energy vehicles, it hardly supports an investment of over a hundred billion.

But there's no way around it.

Whether it's research and development or breaking through solid-state batteries, without a few hundred billion, it's hard to see results.

He must hold on for at least another three years.

And during these three years, the annual expected losses are projected to be between 30 and 40 billion.

Such is the new energy car manufacturing industry; unless you opt for a light asset model with everything outsourced and foreign technology used,

the initial investment has to be over a hundred billion.

Without this money, it's impossible to compete with those overseas auto giants.

Keep in mind, Toyota makes nearly 200 billion in profits a year.

Chen Pingsheng asked Song Yanxi, "How much cash reserves do you have?"

"Not even twenty billion."

"Be more specific."

"Twelve billion, I've invested the rest in Apple and NVIDIA," explained Song Yanxi.

His wife was indeed wealthy, no wonder she could be so carefree now.

Chen Pingsheng asked her to give him ten billion for now; all his money went into building the Tengying Management College.

This was tantamount to a corporate university for society at large, of significant importance.

Song Yanxi said, "I'll transfer it to you tomorrow. Can you take it easy with the new energy car business? These annual losses of a few hundred billion are making me anxious!"

Chen Pingsheng was unconcerned, "What's there to worry about? We haven't seen results yet, but the day we do, it'll certainly give you a shock."

Fine... Song Yanxi couldn't be bothered to debate anymore.

Although she owned multiple listed companies, only Tengying Entertainment really supported the facade with a market value of around 150 billion.

Apart from that, those other projects weren't much in the eyes of the big shots.

She, too, was really looking forward to Chen Pingsheng establishing a truly globally renowned enterprise.

To create such a company, it's impossible without investments of hundreds of billions to a trillion.

According to Chen Pingsheng's plans, in the future, Tengfei New Energy Cars and batteries from Tengde Era were to be listed separately.

These two projects either don't go public, or once they're listed, their market capitalization will start at the level of two hundred billion.

Otherwise, how could it live up to his years of investment.

His wife doesn't need to spend much money, so what's the use of keeping so much cash on hand.

Song Yanxi handles all the dividends of the entire group; even if she only keeps two billion, she will still have a continuous stream of dividends coming to her each month.

She's not short of money to spend.

She doesn't invest in domestic A-shares.

The A-share market is not really about investing, it would be more accurate to say it's speculating.

It's extremely difficult to make money in the A-share market!

She has steadily bought shares in several of the big overseas tech companies over three to four years.

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She started buying Apple shares in 2014, when the market capitalization was five hundred billion US dollars.

By this year, the market capitalization has already exceeded one trillion US dollars.

Her shareholding percentage is very small; she has invested a total of over forty billion.

If we calculate it based on market value, her profit on this stock has already reached about thirty billion.

For a large investment, that's a very decent outcome.

However, she also doesn't dare to increase her position in this stock anymore, mainly because the market value is too high.

China's largest Alibaba and Tencent now also boast a market capitalization of over six hundred billion US dollars.

Investing in Apple is playing it safe.

She invested along with the sage of stocks, Warren Buffett; since he was bullish on this stock, she followed suit.

Unexpectedly, it has been steadily growing since then.

As for investing in NVIDIA, that's because the domestic chip technology has been booming in recent years.

After much consideration and consulting Chen Pingsheng's opinions, she finally bottom-fished NVIDIA, which had a huge market value dip at the end of 2015.

At that time, she took two hundred million US dollars in one go, holding a 0.5% stake.

When she bottom-fished, NVIDIA's market value was forty billion US dollars, and now NVIDIA's stock price is one hundred seventy-five billion US dollars.

In just three years, it has risen nearly fourfold.

Song Yanxi herself admires her insight in timing the market; she originally wanted to use the ten billion to buy more shares of NVIDIA.

Since her husband has taken the money, she could only give up on that idea.

To be honest, she's even thought about cashing out all her Apple shares and switching to NVIDIA.

After all, the latter's gains have been much faster.

But at her level, she's too aware of the adage not to put all one's eggs in one basket.

After some thought, she gave up on the idea and decided to just wait for Apple to grow gradually.

Chen Pingsheng is unaware of his wife's thoughts, and even if she were to talk to him about it, he would probably not agree to invest all the money in one stock.

He himself has bought several stocks anyway.

Ten billion wouldn't solve any major problem, but fortunately, at the end of the year, the Water Cloud Space Splendid Night event can be held in Capital City.

In addition, both Xiangjiang and Guangdong can be started up.

Water Cloud Space in Guangdong and Xiangjiang has been open for over three years, and a large group of loyal wealthy ladies has already been cultivated.

If the three locations are launched separately, it is estimated that before the New Year, sixty billion in funds can be raised through random increases.

Plus the principal and the existing ten billion, it won't be difficult to gather a hundred billion.

With a hundred billion, the R&D funds for the first quarter of Tengfei New Energy can be satisfied.

By 2019, the most important project will be to push for Teng You Media to go public.

Once this step is completed, the R&D funds for the remaining three quarters of Tengfei New Energy can basically be fully assembled.

By 2020, it's likely he can cash out his shares in Meituan, Pinduoduo, Tesla, etc., and gather the necessary funds for Tengfei New Energy.

If you look at it this way, no matter how big the storms in the next few years, his Tengying Group will not be at any risk.

Mainly because the funds are very safe.

As of now, his Tengchao Commercial Management holds a net investment in commercial real estate worth sixty billion.

Although it seems like a lot, it still pales in comparison to Li Ka-shing's Oriental Plaza in Capital City.

Of course, Li Ka-shing invested earlier, and it's not fair to compare.

As for Golden Mountain's headquarters, if you include the management college, the 15,000 Tengying apartment community,

the large high-end Tengying residential community, plus the eighteen newly constructed headquarters buildings,

the total investment is 620 billion.

Unknowingly, just in commercial real estate, his net assets have reached 1200 billion.

If you take into account the increase in property prices over the years, the value exceeds 1800 billion.

This is undoubtedly a staggering figure.

It also means that his family now stands officially among the top-tier wealthy dynasties.

Although the foundation is still a bit weak, he clearly has plenty of time.

He can use another ten or even twenty years to enhance the family's heritage.

Once Tengfei New Energy is completely successful, there is no doubt that his family will rise to a whole new level.

By far not comparable to the average rich individual of today.