Whether it’s money from the entertainnt industry or investors, everyone’s eager to shovel it into his pocket.
They’re both into diversifying industries.
Chen Pingsheng mainly focuses on brick-and-mortar stores he can control himself.
Accountant Jia, on the other hand, concentrates on flashy industries like television, smartphones, sports, and new energy vehicles.
You could say their gaps are quite significant.
You can see it from LeEco’s market value of 160 billion alone.
All you can say is that this era is crazily unbounded. Following the trendous success of football investnt, real estate tycoons swarm into it one by one.
As a result, even those goalless chickens can rake in tens of millions a year.
Being a football player in this country is simply a rich man’s ga.
If it’s a sport that the poor can’t afford to enter, don’t expect it to achieve great results.
It’s the sa with Accountant Jia now.
Putting aside the emotions he’s swayed, can you say he has a reliably profitable venture?
For television, he goes head-to-head with the marketing god Xiaomi.
His smartphones aim to kick Apple down a notch while also trying to topple Xiaomi.
What kind of person is Boss Lei? His efforts are suprely steady.
In just a few years, he’s made Xiaomi one of the youngest Fortune 500 companies in the world.
Once he fully secures the smartphone market and maintains a high cash flow, only then does he expand into peripheral markets.
Accountant Jia is completely different—none of his ventures are profitable.
All are hemorrhaging money, just living off smooth talking and planning to throw billions into new energy vehicles.
What kind of behavior is this?
In the past, this would be a classic Ponzi sche.
Countless stars from the entertainnt industry have invested in him, not to ntion the capital market.
Even so artists under Tengying have been visibly tempted.
Chen Pingsheng simply sent out a notice to them.
This is soone who egregiously shuns real work.
If he could actually succeed with so many major industries all at once,
Mr. Ma, the current business deity of Capital City, would be dethroned by him.
Too bad, Chen Pingsheng thinks it’s downright impossible.
Mr. Ma’s diversified investnts are based on Alibaba’s market value in the hundreds of billions of US dollars.
With that foundation, he can invest without fear.
In contrast, LeEco truly has nothing.
Unable to even find a profitable main business.
Just by smooth talk, Chen Pingsheng wonders how long he can keep up the charade.
Anyway, he’s definitely not one to take big risks.
Even if he’s eager for new energy ventures, he’d first have to make sure everything in his group is stable.
Plus, he’d need a couple hundred billion in cash before considering it.
Those ventures require a starting investnt of at least two hundred billion.
Chen Pingsheng took his Maybach S680 ho early, as driving that made him feel like a big shot, whereas driving the Phantom truly felt like an unemployed middle-aged driver.
When greeting Little Fairy on the street, she’d toss you a disdainful glare, as if to tell you with her eyes,
"You wish to chase after while being a driver, old man? Please look at yourself in the mirror."
Well… that’s about the sentint.
The Phantom is indeed luxurious, but no real tycoon would drive it themselves.
This Maybach S680 of his is just perfect.
This month, Tengying Entertainnt made a decent profit, and after going public, he couldn’t siphon off money like before.
Of course, there’s no need to shift that kind of money now—his own card still has nearly three hundred million.
He can’t even spend it all.
His wife, Song Yanxi, has found a match for her little sister and asked him to co ho to check it out.
Arranged marriages are definitely faster than dating when it cos to settling down—as both families have t beforehand.
In less than a week, Song Yanxi brought the guy ho, which is unmatched speed.
Chen Pingsheng parked the car in his large garage and upon entering, he saw the rich second-generation real estate heir from the photo.
Accompanying him was his sister, who was one or two years younger than his wife.
Only twenty-five this year.
"Big brother, these are two bottles of wine my dad specifically picked for you," said Sun Shaohua, clad in a blue suit, looking vigorous at the threshold of thirty.
Chen Pingsheng took them and glanced them over—probably two bottles of baijiu worth over a million.
"Yeah, thank him for ," he replied.
When it ca to Song Wu marrying a rich second-generation heir, Liu Fen was the happiest of all.
Just look at her bustling in the kitchen with joy.
The Sun Family in Capital City is also a well-known, well-established clan. They started in real estate early and have been aggressively expanding over the years.
Seems impressive, but if you subtract their bank loans from their net assets, how much is left is for them to know.
Chen Pingsheng first went to understand the situation from his wife.
Sun Shaohua wasn’t very keen on the first day of their arranged eting.
However, after seeing Song Wu for the first ti, he fell for her.
Subsequently inviting her out for als and even gifting her a Ferrari worth more than five million.
Song Wu isn’t short of money now, but with her sister constantly advising her not to date within the entertainnt industry as it’s unreliable,
she’s still trying to accept Sun Shaohua.
After all, the Sun Family is a major household in Capital City, showing etiquette in manners that people like Hu Lin can’t compete with.
In the following two days, he took Liu Fen out, presenting her with a Patek Philippe watch and a top-grade jadeite worth over six hundred thousand.
He also bought a top-end rcedes for Song Huamin.
It’s safe to say he’s gone all out to win Song Wu, showing trendous sincerity.
For the average household, this would seem incredibly generous.
But what does it amount to for his family?
After all, Song Wu is a female celebrity, and if a rich heir wants to chase a star, who wouldn’t start by spending a few million?
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