Chapter 249 The richest man in the world?(1/3)
How much money does Abel have?
Not to mention George, Neil and Jeb were also very curious about this issue at the moment.
Everyone is voyeuristic and naturally curious about other people's privacy.
This is why the gossip media exists and continues to thrive.
The same goes for identities such as the Jeb brothers. At most, they are just other people's privacy that makes them curious, and the level is just a little higher.
The three bush brothers all stared at Abel.
Facing the looks from my father-in-law and his brothers.
Abel raised his eyebrows and said a number.
"what!"
Hearing this number, George's voice suddenly became louder.
"Are you kidding? Are you kidding me? Many people in Abel say that I am not smart, but you are not like that, right?"
Neil and Jeb were nearby, looking helplessly at George like this.
Jeb couldn't help but said:
"George, pay attention to the occasion and identity. My brother, you are no longer the governor of Texas or a businessman."
"Cough cough cough cough~"
George coughed slightly and said, "Okay, okay. I lost my temper."
Then he stared at Abel with a bad look, "Hey, Abel, are you sure you're not kidding us?"
"No."
Abel smiled and said, "Buffett and PNC Financial Group have both invested in Smith Capital. 4% of the shares were valued at US$16 billion. The current market value of Smith Capital is US$400 billion."
"I hold 92% of the shares of Smith Capital. I said I have a net worth of more than US$360 billion. Is that correct?"
"Uh" George made a mistake.
Because according to what Abel said, Abel was right to say so.
Most of the wealthy Americans, especially those who hold shares in listed companies.
Most of their wealth is in the stock market or valuation.
A typical example is Bill Gates, the world's richest man last year.
Mr. William Henry Gates III, more than 80% of his wealth is in stocks.
"Okay." Abel looked at George's faux pas and didn't know how to continue asking.
Abel then smiled and said: "The US$360 billion is fictitious. But to be honest, I don't know how much wealth I have."
"Really?" George didn't believe it.
Who doesn't know how much he or she is worth?
Like George himself, although he lives in a white house, George still knows very well how much he is worth.
"Really." Abel said sincerely: "I only know a rough number at most. I don't know whether these numbers are accurate or not."
At this time, Neil, little Laura's father, who had been watching without saying a word from beginning to end, finally couldn't bear it anymore.
"Hey, Abel. Approximate numbers are fine too. We are not the only ones curious about this question. All Americans are curious about it," Neil said.
Abel actually didn't want to hide it, because even if he didn't say such a thing, Forbes would tell it a few months later.
Forbes' data may not be that accurate, but a rough figure can be estimated.
I didn’t know that the Koch brothers’ companies are not listed on the stock market, and their wealth is too large to be counted.
Forbes still got them on the list.
It may not be accurate, but the approximate number is still similar.
Abel feels that given the current situation of himself and the Smith family, properly displaying his wealth is flexing his muscles.
Smith is not the fat Internet and high-tech richest man like Musk and Bill.
Abel's wealth, except financial.
Either in the media or in energy, the only thing missing is military industry and people's livelihood.
These industries are all influential muscle industries in the United States.
This is different from the Internet which only has loud sounds.
After thinking for a while, Abel made a rough calculation on the three brothers.
"I own many companies. Among them, Smith Capital's value is the most difficult to estimate."
"Don't count it first, let it go first. Let's count Smith Media first. Smith Media has MGM, Marvel, DreamWorks, Pixar, Dark Horse Comics, two newspapers, a television station, and
A modeling agency.”
"With so many assets, the market value should be at least US$15 billion, right? If it can be listed, it can probably double. Even if it doesn't double, it should be more than US$20 billion. Let's calculate it to US$15 billion.
"
Having said this, Abel smiled and said to George who was listening carefully next to him:
"Can you remember it for me?"
"Oh, no problem." George raised two fingers and curled one of them. "One finger is ten billion U.S. dollars, and one and a half fingers is U.S. 15 billion."
Watching the boring interaction between the commander's brother and Abel.
Neil and Jeb couldn't help but look at each other.
While the two felt helpless, they were also shocked by Abel's astonishing wealth.
Media conglomerate worth approximately US$15 billion
This part alone is already much more than the wealth of the Shrub family.
Last year's world's richest man, Bill Gates, had a net worth of $63 billion according to Forbes.
More than 80% of Bill's net worth of US$63 billion is owned by Microsoft stocks.
The wealth that Bill can really obtain must be cut in half at least.
If you count cash flow, it's even worse.
US$15 billion is already a quarter of Bill's wealth.
This is just a part of the net worth of the young people in front of me.
The two bushes were thinking a lot.
Another bush continued to calculate Abel's wealth in a childlike manner.
"The value of Smith Capital is difficult to measure. But the value of American Pacific Commercial Bank is visible to the naked eye. I don't remember its exact figures. It seems that its own assets are about US$15 billion and its assets under custody are about US$180 billion."
Bo said.
American Pacific Commercial Bank was actually just a small bank in California at the beginning.
It has only two branches and a few hundred million dollars in assets.
It was later acquired by Abel during the small bank takeover spree initiated by Abel.
And because Abel liked this name better, he used it as the main body to continuously annex small and medium-sized commercial banks.
After spending almost 15 billion US dollars in cash from Abel.
In the U.S. banking world, a mid-sized bank has emerged.
After almost half a year of development.
Because of Abel, the "Financial Moses", it has achieved great growth in all aspects.
Its own assets have grown from about US$13 billion at the beginning to about US$15 billion now.
The assets under custody have increased from almost 100 billion US dollars to almost 200 billion US dollars now.
The main reason is that many wealthy Americans trust Abel, and they trust American Pacific Bank more.
In addition, the interest is not bad, and many people have put their assets in custody at Pacific Commercial Bank.
But George didn't care about this. George directly raised three fingers.
"That's 15 billion. Two 15 billion US dollars, that's 30 billion US dollars."
Abel nodded, and then said:
"There is also Pacific Energy, formerly known as Sempra Energy. I spent almost 17 billion U.S. dollars to acquire it. Before it was delisted, its market value was about 16 billion U.S. dollars. But then I let it annex my original energy company.
, I think it is worth at least 18 billion US dollars now."
In fact, Abel used only over US$7 billion to acquire Sempra Energy.
Most of the funds come from Pacific Commercial Bank.
To be continued...