Chapter 679: Cashing Out 300 Billion Dollars
Mid-November.
An'an was diligently preparing for the college entrance exams, and even wrote motivational quotes on her desk.
If I don't work hard, I'll only be able to go to Harvard.
The other female classmates saw it, spat disdainfully, and secretly mocked, what kind of motivational quote is that!
Is it a new term for the 21st century?
"An'an, which university do you want to get into?"
"Any will do, as long as I get in with my own ability."
With her head tilted, An'an thought for a while. Actually, she wanted to go to Guangdong for university; she had been in the Capital City for six or seven years and had spent nearly ten years in Magic City.
Among the four top-tier cities, Guangdong was the one she hadn't visited much.
When she got to university, she could work there during summer breaks or intern at a big corporation.
"Don't you want to study in Magic City?"
"Not really, I want to study in Guangzhou."
"Alright, I actually want to study there too, but I want to be a star even more. Do you know how to become a star?"
She knew very well; among those current top-tier stars in the entertainment circle, how many weren't supported by her family.
An'an looked at her high school best friend, Jiang Tang. "Why do you want to be a star? That line of work isn't exactly a large industry!"
"Becoming a star makes money quickly, of course. Just shooting a drama can pay hundreds of thousands to millions; you wouldn't earn that from a regular job even in decades."
Jiang Tang continued, "You know, my parents are just ordinary workers, going to work early and coming home late every day to send me to study in Magic City for high school. But except for you, those local girls don't hang out with me."
"Why do you care about them?"
An'an was long used to such phenomena; the locals of Magic City have had a sense of superiority for decades that hasn't changed.
"Filming is indeed quite profitable, but nowadays, shooting short dramas can also earn two to three thousand a day if done well, and the threshold is very low. Once you get to university, you can try shooting short dramas to make money."
"Really?" Jiang Tang was initially pleased but then became somewhat gloomy. Although some of the bored boys had dubbed her the first civilian school beauty of the high school, it was of no practical use.
Some boys just liked to deliberately perform in front of her frequently.
"An'an, whichever university you apply to, I'll apply there too."
"No need for that; your grades are so good. You have no problem getting into the 211 or 985 universities here in Magic City."
"I don't want to study here. You should be able to guess the reason."
An'an could indeed guess; it was nothing more than the fact that out-of-town students weren't too welcome there.
The situation was much better over in Guangdong, where, after all, wealthy people went out wearing flip-flops and undershirts.
It was hard to find your way even with GPS when going out to eat. People from Guangdong were understated, as they had been famously known throughout history.
They especially loved drinking tea there.
"Alright, we'll apply to the same university, and when you're in university, if you still want to make money, I'll introduce you to filming short dramas, and the income won't be low."
"Sure." Jiang Tang responded happily, feeling that An'an, who seemed to have no family background, surely wasn't simple.
At least those well-known top second-generation students in school would stop and nod in acknowledgment when they saw her and wouldn't leave until she passed by.
With such treatment, Jiang Tang wouldn't believe she had no family background even if you bit her to death.
The days passed leisurely, and suddenly, a year was gone.
During the Chinese New Year, An'an went back with her family to Wangcai Village to participate in the Chen Family Ancestral Hall's ancestor-worship ceremony.
It was quite a grand event, considering that in that same period in 2022, her Dad had donated 1.5 billion to Wangcai Village to help everyone build large villas.
Plus, her Dad hadn't returned to the village for many years, and this time the village was adorned with red lanterns for ten miles straight.
Each household hung welcome banners at their doors.
Big shots were everywhere in the village, including the town and even at the county level.
The return convoy was extremely luxurious, a typical return home in glory.
On the day of the Chen Family Ancestral Hall's ancestor-worship, the sky was filled with fireworks. That small Chen Family in Wangcai Village had long evolved into one of the top domestic elites.
Any family with the surname Chen wouldn't have assets below ten million, and those who couldn't earn would still receive an annual fund from the family.
Not to mention that the two daughters of the elder sister, Xiao Ya and Xiao Le, were included in the Chen family's direct lineage.
They conducted external marriages under the Chen family's name for future political advancement.
The comprehensive rise of a family, in addition to needing a good leader, also requires a century-long history of struggle.
Without a doubt, the Chen family's rise began with Chen Pingsheng, but no one knows to whom the future will owe its thanks.
But now, it's certainly not the peak yet.
As 2023 ended, the historical river continued to flow.
The impact of the disease completely vanished, and the domestic economy, which was restricted by the slump in the real estate industry, didn't seem to affect the days of AI industries, particularly tech giants.
In September 2024, NVIDIA's market value surprisingly surpassed three trillion dollars.
It was simply unimaginable; a trillion dollars was thought to be its peak, yet it reached three trillion dollars.
And Chen Pingsheng, as the largest individual financial investment shareholder of NVIDIA, was simply raking in the money.
It can only be described as unbelievable.
Even he found it hard to understand why it would rise so significantly, and Chang Fu once again cried and lamented.
Know that in 2022, NVIDIA had fallen to a market value of over 300 billion dollars.
At that time, he laughed at Chen Pingsheng for losing over eight billion RMB in half a year.
As a result, Chen Pingsheng took the opportunity to buy low once again during the downturn, investing 120 billion.
That's how today's result came to be.
If he had followed suit and emptied his pockets to buy in, Chang Fu would be a small billionaire by now no matter what.
A missed golden opportunity to get rich!
Gao Hu, on the other hand, did quite well; he invested in stocks by buying whatever Chen Pingsheng bought and selling when Chen Pingsheng sold.
In a few years, he completely paid off all his past debts.
The extent of Chen Pingsheng's wealth had long surpassed the understanding of both himself and Chang Fu, even without accounting for his other assets.
Just his holdings of NVIDIA shares alone granted him a market value of over 120 billion dollars.
Not to mention being the richest person in the country, at this rate, becoming the richest person in the world was possible.
It must be said that when NVIDIA reached two trillion dollars, his home received more and more visits from big names.
And when it hit three trillion dollars, it was only describable as envy, jealousy, and hatred.
But, more was admiration from below.
In 2024, Chen Pingsheng made a name for himself in the investment world.
In September 2024, An'an was really hard at work preparing for the college entrance exams.
Meanwhile, there was breaking news in the capital market.
The biggest Chinese capital on Wall Street, the Tengying Fund, announced it would cash out 1% of NVIDIA's stock.
The announcement of the news sent the stock market into turmoil; the Tengying Fund was founded by Chen Pingsheng, an overseas Chinese.
Until now, he had been remotely controlling and directing investments far from Magic City in Huaxia.
Over the past eight years, he had successively become the largest overseas investor in companies like Microsoft, Google, and Tesla.
Now, he had become the largest shareholder of NVIDIA as well.
The Tengying Fund, just like its current 68-story headquarters, stood on Wall Street shining like a pearl.
Cashing out 30 billion dollars at once was beyond imagination.