Chapter 256 Huge cash reserves!

Li Zetian and Yu Jingqiu made final statistics and found that the combined turnover of all companies reached US$110.5 billion, with net profits as high as US$15.4 billion.

Subsequently, Li Zetian ordered major companies to pay part of the dividends, of which US$5.5 billion flowed into the umbrella company.

Umbrella Corporation originally had $1.5 billion, and now adding $5.5 billion, it's $7 billion.

Such a huge cash reserve is really shocking!

The advantage of having a large cash reserve is that it can better cope with risks and have enough cash for mergers and acquisitions, product upgrades, new business expansion and other operations. At the same time, it also means that Apple has enough money to acquire some companies and make up for its shortcomings in some fields. Moreover, even if it loses money every year, the company can persist and there will always be a chance for a comeback!

In Li Zetian's view, US$7 billion is actually not much.

Li Zetian traveled back in time from 2016. Apple's cash reserves are as high as more than 246 billion US dollars, Microsoft also has more than 110 billion US dollars, Cisco also has more than 60 billion US dollars...

If Apple loses $2 billion a year, it won't go bankrupt for a hundred years! ! !

This is absolutely terrifying!

Thinking about it this way, US$7 billion is really nothing. A cash reserve of US$100 billion is considered qualified.

Cash reserves are not just money on the books, but cash in a broader sense, including bonds or cash equivalents that are highly liquid and can be quickly converted into cash, short-term (or long-term) market bonds, long-term and short-term securities, including U.S. debt, corporate bonds and money market funds (MMF), etc.

Of course, having a huge amount of money but not spending it means that the money is not used well, but Li Zetian is cheating and makes money faster than he spends it, so he is not worried about not having a good investment. project. Li Zetian has always tried his best to develop innovative products. Otherwise, the net profit would not have been only US$15.4 billion with a revenue of US$110.5 billion. You know, the companies under Li Zetian's name are high-profit companies, and the profits of many products exceed 30%.

The US dollar was very valuable in the 1980s, so US$7 billion was actually a huge amount of money, but Li Zetian's vision was too high. Today, so much money requires a bank or other financial institution to run it. If it is simply placed on the company's books, it will be devalued.

Acquisitions or banks and financial institutions are what Li Zetian must do next.

…

William's full moon wine was held on January 4th, and Xiao Zhixuan and the others also rushed back from Europe.

This time the full moon wine was very grand and lively, and many rich and powerful people came to give gifts. Li Zetian actually didn't know many of them, but because the company under his name had business cooperation with them, in order to please Li Zetian, they naturally came to give gifts.

President Reagan is running for President of the United States again this year, and he needs Li Zetian's support very much. He also came to attend the full moon party in person that day. In fact, in addition to him, there are many senior officials in the American political arena. These are the results of Li Zetian's efforts to win over and support over the years. Although they are not as powerful as those of the old financial groups, they should not be underestimated.

Which consortium Li Zetian prefers will have its power and voice greatly enhanced.

Although the villa is large, it was overcrowded that day.

Many people even come here with the idea of ​​expanding their network, hoping to meet a few people who will be helpful to their future development.

The upper class in the United States often holds various banquets, and many people enjoy attending such banquets simply because they want to expand their personal connections at the banquets.

However, Li Zetian rarely attended such banquets. He did not need to take the initiative to make friends with powerful people, but these people took the initiative to find him.

Companies want to cooperate with him, and the country wants him to invest.

When Li Zetian goes to any country now, he will be treated as a guest!

Because so many big names came to participate in the full moon wine, a simple full moon wine became the headlines of major media in the United States and even around the world.

Many reporters squatted outside the door to see which guests were coming. Whenever they discovered the identity of the other party, they couldn't help but shout out in surprise.

"That's awesome. Chronos Li is so proud. Even President Reagan, the British royal family, the Rockefeller family, and the Bush family are here!!!"

"Chronos Li is as rich as a country and has great influence!"

"Hey, did you know that the invitation to this banquet was sold on the black market for as much as 4 million US dollars!" a reporter suddenly said.

"..." When everyone heard this, they couldn't help but secretly smacked their lips. It was crazy that an invitation was sold so expensively.

The reporter whispered: "Don't think it's expensive, this thing has a price but no market! Many people want to buy it but can't buy it. You also saw it today. There are so many rich and powerful people from all over the world coming to the banquet. This is a big deal in itself." It’s a status symbol. If you can make some friends here and negotiate a business, it’s not just as simple as 4 million US dollars?!”

"Oh, you're right! It's really a bargain to be able to enter the venue for US$4 million! Most of the people who come to attend the Full Moon Wine are billionaires. I'm afraid it's hard to find an opportunity in the world where so many top wealthy people gather together!"

"..."

At about 10 o'clock in the evening, all the guests left. Li Zetian breathed a sigh of relief and lay down on the sofa to rest. The warehouse is full of gifts. You can play with the same thing every day without bringing duplicates. You can play with it for several years.

On this day, Xiao Youran was the happiest person. She stayed in the warehouse like a money addict, looking at the gifts in the room, her eyes lit up, and then she kept opening the gift boxes to see what gifts were inside. If there is something she likes, she will unceremoniously declare that it belongs to her, and then play with it happily. This little girl didn't know where she got her energy, she didn't feel tired at all, and she refused to sleep and rest. In the end, Yu Jingqiu dragged her out of the warehouse.

"Mom, I don't want to go to bed yet~~" Xiao Youran said coquettishly.

"You must sleep, or all your toys will be confiscated!" Yu Jingqiu did not accept this.

Xiao Youran pouted her little mouth, looking unhappy, and followed Yu Jingqiu to the hall.

Li Zetian asked with a smile: "Who made our cute little Youran unhappy?"

"Mom doesn't let me play and says she will confiscate my toys!"

Xiao Youran rushed into Li Zetian's arms, hugged him, and complained about her "grievances."

Li Zetian said to Jingqiu: "Children love to play, just let her play for a while."

Yu Jingqiu deliberately kept a straight face and said, "It's already past 10 o'clock. You're not allowed to play anymore. You must go back to your room to sleep immediately!"

Li Zetian said to Xiao Youran: "Look, your mother doesn't allow you to play, and there's nothing dad can do about it. So, you'd better go to bed quickly and obediently. After sleeping well, you will have the energy to play the next day, don't you think? Ah, baby girl?”

"Well~~Dad is right, then I will go to bed early at night and get up early tomorrow. There are many fun toys in the warehouse that I have never played with!!!" Xiao Youran nodded and said, and then immediately got out of Li Zetian's arms He climbed up, then jumped up and ran upstairs.

Li Zetian shook his head and smiled: "Well, this girl is really playful..."

Yu Jingqiu smiled and said: "You're not used to it! I see that you usually hurt her. You hold her in your hands for fear of falling, and you hold her in your mouth for fear of melting..."

"Okay, okay, I'll make it right. I will be strict with Xiao Youran from now on!" Li Zetian said this, but in his heart he never thought about being a strict father.

At this time, Li Zetian stood up from the sofa, put his hands on Jingqiu's shoulders, squeezed her a few times, and said gently: "Okay, you are tired today, so go to bed and rest."

"Well, you should go to bed early." Yu Jingqiu kissed Li Zetian, turned around and went upstairs. She first quietly walked into Xiao Youran's room and saw that she had gone to bed. She was relieved, and then returned Sleep in your own room.