America's Road to Fame

Chapter 188 Money Spends So Quickly

On January 1, Chen William signed an agreement to complete the acquisition of MGM.

A total of 30 billion U.S. dollars, according to the agreement, 10 billion U.S. dollars is paid to creditors of MGM's 35 billion U.S. dollars in debt, used to return part of it.

The money will wipe out part of their claims in proportion, which will greatly reduce the company's interest burden.

And the next new "007" movie, as well as the "Hobbit" series of movies, can also be ready to shoot.

At this time, he took stock of the money he had spent during this period. At the beginning, Fund 1 closed the CDO short contracts and CDS bonds of subprime mortgage loans, and William Chen transferred 100 billion US dollars for investment. , and the remaining funds were invested in the short selling of the US stock market by Fund No. 2.

Also, the last time I shorted gold futures, I finally got more than 120 billion U.S. dollars. In addition to leaving 20 billion U.S. dollars to backhand long gold, more than 100 billion U.S. dollars were also transferred out for investment.

Of these more than 200 billion US dollars of funds, 100 billion US dollars.Joined Goldman Sachs, Morgan Stanley and other investment banks in the shorting of European and Asian stock markets.

The remaining more than 100 billion US dollars, after donating to charitable foundations, acquiring Ali shares held by Yahoo, acquiring Reddit, injecting capital into HOLA technology, Zoom, Tesla and Space X, purchased the Long Island Manor and two planes. After the helicopter and other expenses, there are more than 70 billion US dollars left, and 20 billion US dollars in financing from Goldman Sachs for the acquisition of Ali's shares.

After that, it took another $550 million to increase its holdings of Netflix stock and purchase the Gulfstream G4.5.

The acquisition and capital injection of Marvel cost 22 billion US dollars, of which 10 billion US dollars was financing by Goldman Sachs.

It took US$10 billion to invest in Troup Group and US$5 million to form a joint venture Troup-Chen Business Management Company.

Then transfer 1 million U.S. dollars to China Future Fund, of which 6000 million is invested in Dianping, so there is still 6000 million U.S. dollars in the fund's account.

5000 million US dollars were spent on the purchase of the Yan Family Garden.

The acquisition of Hermes Group cost US$50.5 billion, of which Goldman Sachs raised US$30 billion.

Then there is the just-acquired MGM, which spent another 30 billion US dollars, of which Goldman Sachs raised 20 billion US dollars.

If we add the US$10 billion that will be raised for the upcoming purchase of the Shanghai World Financial Center, then William Chen’s current total financing from Goldman Sachs and Morgan Stanley (Modu World Financial Center) is US$90 billion.

As for the 100 billion US dollars in the account of Meta Investment Company, only 6.5 million US dollars are left... Uh, it should be more than 3.5 million US dollars, because he has returned 3 million US dollars of it to his personal account-it was originally borrowed The Meta investment company injected in the form of Chen William is now bound to Paris' Future Bank, and the loan line has become 5 million US dollars.

Oh, no, there is only a little over 5000 million US dollars in the account... The 3 million US dollars of his previous mortgage loan was also returned to the bank.

So now his foreign debt is 90 billion US dollars of financing plus 10 billion Goldman Sachs low-interest loans (Goldman Sachs redeems CDS bonds, used to short the four major investment banks), which has reached 100 billion US dollars.

Next, William Chen will also acquire the shares of the Kushnar Group in Building 666, as well as the planned 100th Century Fox. These two will add up to more than [-] billion US dollars...

But the good news is that Fund No. 2 and Fund No. 3, as well as the $16 billion short-selling the four major investment banks, as well as the funds involved in Goldman Sachs and Morgan Stanley's short-selling of European and Asian stock markets, and the $20 billion long gold futures...

Well, wait a little longer and there will be money again.

……

"According to the latest news, MGM has changed ownership again. The new owner is William Chen. He spent 15 billion dollars to buy this down-and-out old Hollywood film company. Just a few days ago, William Chen was still in France. Buy the world's top luxury brand Hermes."

"It can be said that William Chen is the most popular figure in the United States in recent months. His inspirational experience from being called a black sheep to being a super rich is also talked about. Some people have counted. So far, William Chen The funds used for acquisitions and investments are already close to 200 billion US dollars. I don’t know if the purchase of MGM this time will continue to be successful in the film industry that he once turned around..."

Seeing this, William Chen put the newspaper on the coffee table.

Since the news of his acquisition of MGM came out yesterday, there have been overwhelming reports in the media today. Of course, there are all kinds of comments, but the mainstream is still about whether he can make a difference in the film industry. The failures of previous years have been questioned.

William Chen didn't pay too much attention to this. After all, since he acquired the "New York Observer", he has been accompanied by doubts all the way.

If those who doubt themselves are too far away from him, then why should they care what the other party said, just like the eagle in the sky does not care about the cry of the frog on the ground.

It is around seven o'clock in the morning, and William Chen is in a seaside villa he just bought.

This villa is located in Marbury Beach and was just bought by Chen William at a price of 2000 million US dollars. Before the subprime mortgage crisis, the highest asking price of this villa was 3500 million US dollars.

This mansion was designed by Frank Gehry, a generation of famous architects. The mansion covers an area of ​​more than one acre and has a 160-foot private beach.

In this mansion, there is a tennis court overlooking the sea, as well as facilities including swimming pool and spa room.

On the grass leading to the beach, there are stepping stones. When William Chen went for a walk along this road to the beach last night, he found that the scenery was good.

The villa is divided into two floors and covers an area of ​​1 square feet. It has a gym, a wine cellar, an attic, five fireplaces, six bedrooms, and ten bathrooms. It is enough for Chen William's temporary residence in Los Angeles.

Malibu Beach House is a favorite location of many rich and famous people. The 21-mile-long Malibu Beach consists of several sections of beach that form a narrow strip.Chen William's villa is located in the "Carbon Beach" where most of the super rich live, while the other "Guangtan" is mainly lived by celebrities.

What William Chen likes most is this villa. There is a very large connected terrace outside. Whether it is the master bedroom or the living room, you can directly walk to this terrace with invincible sea views.

It is worth mentioning that the climate in Los Angeles is relatively warm in all seasons. Even January, the month with the lowest average temperature, is around 7-18 degrees. Now it is February, and the highest daytime temperature has reached nearly 20 degrees.

If it is in New York, it is still winter at this time, but in Los Angeles, you only need to wear a light coat at most.

Perhaps the only downside is that the climate here in February will make people feel a little humid.

William Chen could faintly hear the voices coming from the open kitchen. He turned his head and saw a beautiful lady frying eggs there.

Uh, it's Jessica. She was in Hollywood last night when she knew that William Chen had come to Los Angeles, so she came to experience the sea view of this new residence with him.

After a long night last night, Chen William can be sure that whether in front of the French windows in the bedroom or the living room, the sea view under the moonlight is very beautiful.

Especially listening to the sound of waves coming from a distance, with the sound, swinging the body, it is easy for people to blend into the surrounding nature and become wild.

Because the air conditioner was turned on in the house, it was still very warm, so at this time, she was only wearing a very short nightdress, and she looked graceful from the side.

Jessica put her hair up at this time, and she looked like she was making breakfast seriously, which seemed a bit like a good wife and mother.

Seemingly noticing William Chen's gaze, she turned her head to look over, with a sweet smile on her face, and opened her mouth to say something.

However, because the range hood was on over there, William Chen couldn't hear her words clearly, so he walked up to her and hugged her from behind.

"Honey, I'm cooking."

Jessica scoffed.

"I just didn't hear what you were saying just now, and I feel that I can hear it more clearly."

William Chen whispered in her ear, Che saw that Jessica's face was slowly turning red.

"Your reaction doesn't seem to be just that you can't hear clearly." She murmured.

Hearing what she said, William Chen smiled and grabbed her skirt...

"William, I'm frying eggs!"

(End of this chapter)