I want to be a giant of Hong Kong Island

Chapter 268 [Private Advisory Group]

Count Wu Guangyao's industries in detail, some can be cashed out, and some cannot be cashed out;
Cash-out industries include PG/YKK zipper, Uniqlo Group, Laofengxiang jewelry, Dongfang Newspaper;
Industries that cannot be cashed out include Global Shipping, Cheung Kong Industrial, Lenovo Electronics, and Beaches (in the process of repaying loans).

Even so, the deposit in Wu Guangyao's hands has reached 3000 million US dollars, of which the zipper industry contributed 85%, which is a semi-monopoly industry after all.

If the US$3000 million was used to buy the bottom when the land price/housing price on Hong Kong Island plummeted in 1958, I am afraid that there will be a series of butterfly effects due to the excessive funds.

Therefore, Wu Guangyao only planned to let Cheung Kong take out 3000 million Hong Kong dollars to buy the bottom.

At this time, the price of residential land on Hong Kong Island is around HK$60 to HK$70 per square foot;

According to the information that Wu Guangyao knew, in 1958 it should have dropped by about 70%, that is, the land price was HK$20 per square foot.

As long as it bought a land of about 150 million square feet, Cheung Kong could develop real estate before 1967 without buying expensive land.

And the 3000 million U.S. dollars in his hands must find a way to invest, otherwise it will be equivalent to depreciation.

Moreover, my business has spread all over Europe, Japan, and Hong Kong Island, but the United States is still missing. It is time to enter the United States.

new York
On the top floor of a building, Wu Guangyao and four other people were discussing in a spacious office.

These people are the top talents that Wu Guangyao poached from European and American companies during his last visit to several European and American countries.

Hollande, British nationality, legal consultant, well-known barrister in London, introduced by Keira to Wu Guangyao;
Rong Bensheng, management consultant, part-time vice president of Lao Fengxiang, one of Wu Guangyao's most trusted deputies;

Jonas, M&A expert, former Ford executive, participated in several acquisition projects of Ford;

Morse, financial consultant, executive of a famous financial management company in the United States, doctor of finance.

These four people are a team of Wu Guangyao's new team, belonging to Wu Guangyao's personal consultant team;
Although there were only four people, Wu Guangyao spent a lot of money and energy;
Except for Rong Bensheng who didn't need to spend energy, the other three were originally executives of a big company. If they weren't attractive enough, they wouldn't have jumped ship.

Rather than saying that Wu Guangyao was choosing them, they were also choosing Wu Guangyao.

The high salary offered, the setting of ambitious goals, and Wu Guangyao's huge wealth (spending [-] million U.S. dollars in one go) are all the reasons why they finally chose Wu Guangyao.

The five are discussing the acquisition of the Ritz-Carlton Hotel in Boston.

Wu Guangyao has always wanted to enter the hotel industry, but the conditions are not allowed, because he has no experience and talents, so he finally chose to start with acquisitions.

The structure of the Ritz-Carlton hotel brand is relatively complicated. On June 1898, 6, Mr. Caesar Ritz cooperated with a famous chef to establish the Paris Ritz Hotel on the north side of Place Vendome in Paris, France, and then Caesar Ritz Mr. founded and operated many Ritz hotels.

This is the origin of Ritz-Carlton!
In 1918, Mr. Caesar Ritz died.His widow continued to use the name Ritz-Carlton to build and operate the hotel, so Mr. Caesar Ritz became the founder of the Ritz-Carlton brand.

In 1921, the widow of Caesar Ritz sold the right to use the name "Ritz-Carlton" in the United States to Albert Keller Company (later known as A·K Company), and the Ritz-Carlton Hotel began to develop in the United States. A state of disintegration.

In other words, the Ritz-Carlton naming rights are naming rights, and the hotel is a hotel, not owned by a company or an individual.

In 1929, A·K Company already had six Ritz-Carlton hotels in the United States. As a result, it encountered a financial crisis (the big stock market crash), and only kept the Boston Ritz-Carlton Hotel, and other Ritz-Carlton hotels followed suit. collapse.

Of course, after the financial crisis, the United States reopened seven Ritz-Carlton hotels, but not all of them belonged to A·K Corporation.

The reason why everyone wants the signboard of Ritz-Carlton is because of its proud service declaration of "serving gentlemen and ladies loyally with the attitude of gentlemen and ladies" and the employee empowerment system, and Caesar Ritz is known as " The father of the modern hotel' influence.

In the 20s in Europe, the Ritz Hotel was like a hotel myth, even the king of Spain wanted to open such a hotel.

Wu Guangyao's Shining Star Hotel Management Company registered in the United States plans to acquire a Ritz-Carlton Hotel first;

While operating the Ritz-Carlton Hotel, Shining Star Hotel Management Company draws on experience in hotel management.

When the Yangtze River Center commercial complex on Hong Kong Island is completed, the Shangri-La Hotel brand will be hatched on Hong Kong Island.
And went to the European Ritz family to buy the Asian naming rights of the Ritz-Carlton Hotel, and at the same time opened a Ritz-Carlton Hotel in the Yangtze River Central Commercial Complex.

Anyway, there are two hotel buildings in the center of the Yangtze River, so don't worry about not buying property!

"Boss, the price of the Boston Ritz-Carlton Hotel, I estimate it to be between US$700 million and US$800 million; given the good operating conditions, you may have to pay more!" Financial consultant Morse said.

Wu Guangyao was a little dumbfounded, this money is really fucking useless in the United States.

If you think about it, the average salary in the United States at this time is as high as 160 US dollars, while the average salary in the United States in the 21st century is around 3500 US dollars, a difference of 22 times;
So the current 1000 million US dollars is 21 million US dollars in the 2.2st century.

Hong Kong Island is different. Purchasing power is calculated according to wages. One Hong Kong dollar is equivalent to about 1 Hong Kong dollars in later generations, a difference of 50 times.

That's why Wu Guangyao felt that his money seemed to have depreciated after coming to the United States!

"Well, you, Jonas, and Hollande go to consult first! If there is any situation, please inform me in time." Wu Guangyao said to Morse.

After the three of them left, Wu Guangyao said to Rong Bensheng: "You have led those staff recently to set up the framework of Shining Star Hotel Management Company. It doesn't need to be perfect. After the vice president of Shining Star Hotel Management is in place, Adjust again!"

Rong Bensheng is naturally not good at hotel management, so Wu Guangyao only asked him to build a company template.

As for the Vice President of Shining Star Hotel Management, we are currently searching for a suitable candidate!
Wu Guangyao's private advisory group is not only in charge of one hotel business, but all of Wu Guangyao's industries, and they all need help.

A week later, negotiations for the Ritz-Carlton in Boston are still deadlocked;
At the beginning, A·K Company didn't want to sell it, but when Shining Star Hotel Management Company called for a price of 800 million US dollars, A·K Company wavered, so it asked for 1000 million US dollars.

Naturally, Wu Guangyao refused. The premium was too high, so Jonas should continue to negotiate the price instead of rushing to buy it.

The acquisition talks here failed for a while, but Wu Guangyao's vice president of star hotel management finally settled down.

"Mr. Charles, according to what my staff told me, you have been standing still for ten years; how many ten years have you lived in your life, why not jump out of that circle and start again, maybe you will feel more exciting and more accomplished Feeling!" Wu Guangyao persuaded earnestly.

Charles is an executive of Hilton International (Hilton Hotel), and can be said to be Conrad Hilton's right-hand man. Wu Guangyao likes to recruit such talents.

It is challenging, which means that this talent is also worthy of doing it yourself.

"Mr. Wu, I'm sorry, but I really don't want to leave the Hilton; I've been working there since I graduated from school, and I've made it my home."

"I'm going to buy the Ritz-Carlton Hotel in Boston, and I'll get the naming rights in Asia in the future, and I'm going to incubate a hotel brand of my own. If you're willing to help me, I'm willing to give you two options: one is under Shining Star 1% of the shares of the Ritz-Carlton Hotel + 1.2 times salary; the other is $10 in cash + 1.5 times salary.”

Wu Guangyao directly offered a sky-high salary, which made Charles dumbfounded.

The two conditions are really good, especially the second condition, 10 US dollars is equivalent to my salary for 3 years, and the salary has increased by 1.5 times; no, if I choose the first item, will I get more.

For a moment, Charles was caught up in which treatment he should choose, and he forgot what he said just now that he didn't want to change jobs!

Wu Guangyao is very confident, if the person in front of him is not stupid, then he must jump under his command.

If Wu Guangyao thinks that they are all part-time workers, why do you have to struggle with money?

Even if his executives are leaving the company one day, Wu Guangyao still thinks it's normal!

Of course, it would be a bit silly for those who have shares in their hands to change jobs!

"Boss, I'll choose the first one!" Charles changed his address to Wu Guangyao.

"Congratulations, you have chosen the best one! How soon can you go to work?" Wu Guangyao said with a smile.

"Within a month! I need to deal with Hilton's affairs."

"it is good!"

(End of this chapter)