Under the modern accounting system, there are various indicators to measure the wealth of a person or a company.
For example, personal assets, net worth, and funds that can be mobilized.
Some rich people travel in luxury cars, live in villas, keep famous dogs, and have mistresses, and they enjoy unlimited fame in front of others. But once the bank loan is deducted, it really becomes a millionaire. Thus, the concept of net assets was born.
They are called high net worth individuals. Not called a high-quality man.
However, this will cause another problem. In order to avoid taxes or transfer assets, some wealthy people do not put the money in their own names, but put it in funds and various enterprises. For example: JP Morgan, the head of the Morgan consortium.
Or, the chairman of some large companies is very powerful. For example, Steve Jobs of Apple and Michael Eisner, the former emperor of Disney.
For another example, some rich people may not have their assets listed in Fortune Magazine, but the funds they can mobilize are very scary, such as Duan Yongping, whom Jing Gao has contacted. Duan responded on a financial program about why the company was not listed. The answer is that I can get the money I raised from the stock market by just making a few phone calls.
For example: some business districts in Chaoshan and Wenzhou.
So, how do you measure the power, wealth, and capital of a rich man?
For a company, the early standard is the company's assets, making it bigger and stronger. It’s South Korea’s Daewoo model. But this was abandoned following the collapse of the Daewoo Group during the Asian financial crisis.
Measuring whether a company is healthy and capable becomes net profit! That is, what is its profit for a year.
At present, the most recognized standard is the sales volume of an enterprise in a fiscal year! This represents a company's market influence.
In 2018, Huawei's sales revenue was US$89.311 billion. Ranked 72nd on the Fortune 500. The dollar and euro ratios are roughly equal. Think about it, one Huawei is equal to how many Roche?
The last one on this list, Swedish communications company Ericsson, has sales revenue of US$23.556 billion. Think about it, how far is Roche from these modern large companies? 20 times!
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Therefore, it is very easy to understand that David Rothschild's attitude towards Igao is slightly complimentary at this time. This is no longer Roche’s era! They were once great, but have fallen into decline.
Igao smiled politely and said: "Mr. Rothschild is overrated. It is not my fault alone. Mr. Pinault and Deutsche Bank have given me a lot of help."
Little Pino said with a smile: "Mr. Jing, don't be humble. Just watch Arno surrender and look for you to know your role."
Jing Gao laughed.
The two exchanged business blows for a while, and Little Pino said: "Mr. Jing, regarding the initial shareholding ratio, the Rothschild family holds 30%, I hold 60%, and you hold 10%. David and I have already communicated .
After the establishment of the Sixth Bank of France, there was little problem in obtaining investment banking, securities and other licenses. It should be done within half a year. However, if you want to fully enter the French banking industry and make a difference, the assistance of the Rothschild family will be indispensable in the future.
Therefore, David would like to hear your plans for the development of the Sixth Bank of France! What strategy to adopt. "
Jing Gao listened to the narration of David Lewis, the translator of Little Pino, and took a sip of tea with a very calm expression.
He transferred about 330 million euros of interests to Pinault Jr. for the establishment of this bank. Pinault Jr. approached the Rothschild family for a partnership, and he agreed. Because this is a Jewish family.
The Jews have no homeland.
They are true capitalists who practice the maxim: as long as there is a profit, they are even willing to sell the rope that hangs them.
The Rothschild family came forward when establishing the Sixth Bank of France, smoothing relationships and other contributions. The benefits to be exchanged were paid by Pinault Petit.
But what Pino Jr. means is that the Rothschild family is willing to provide more help, and of course it also demands more benefits.
Jing Gao put down his tea cup and said: "Mr. Pinault, Mr. Rothschild, I hope that the Sixth Bank of France can become the top bank in Europe, America and Africa. The banking groups I want to compete with are Deutsche Bank and UBS.
France lacks a strong enough local bank. This is inconsistent with its status as a major country. As for the final organizational structure of the Sixth Bank of France, I hope to adopt the model of a Japanese consortium. To be precise, it is the model of the Mitsubishi Foundation. "
It is a fact that everyone on earth knows, that the small life of Niben is a colony of Eagle Sauce! Therefore, in order to cope with the high pressure and various controls and restrictions imposed by Tatakajiang's father, the Japanese consortium developed a very unique consortium organizational model.
What are the specific external manifestations? That is, the top leader of a certain bank or core enterprise (such as Sony, Toyota) is the chairman or president. That is the chairman and general manager.
Once something goes wrong or they offend Yingjiang's father, these two guys can bow down and step down. But the real actual controller of the consortium behind it will not move a penny.
The core reason is that the real controller only holds a small amount of the company's shares, maybe only 2%, and even the board of directors elects agents.
So what if we can achieve relative control over large consortiums when the equity is extremely dispersed?
Take the Mitsubishi Consortium as an example. In its core enterprise, Bank of Tokyo-Mitsubishi UFJ, which is the largest commercial bank in Japan, the real control of the board of directors may be two or three companies such as Iwasaki, and there are more than a dozen small families dependent on two or three companies. This group of "Chinese" constitute the decision-making layer that can truly control the member companies of the Mitsubishi family.
Circle after circle, from the inside out. A carrot and a pit.
If something happens to someone, a member of his family will come up.
Rank and status are very stable.
The board of directors and the "Jin Yao Hui", a social organization of Mitsubishi presidents, are just appearances. According to modern law, the shareholders' meeting decides on the board of directors. This is the ultimate source of power. The "Jin Yao Club" is enough to affect the business level.
Mitsubishi's core family wants to control the smaller families that are attached to it, or to attract new blood, through marriage, black materials, social hierarchy, interest exchange and other means.
You know, Japan is still a feudal society in a sense. There is a relationship of personal dependence.
For example, if a tenant farmer from a landlord's family becomes successful with the support of his master, can he change his family background? How is that possible? At most, it would be to change from being a sharecropper to starting one's own business. But it is still the faction of the landlord.
Therefore, the Japanese consortiums still maintain their control, but their strength has declined with the decline of Japan's economy. In 2018, the once powerful Sony (a member of the Mitsui Consortium) is now a wage earner for Huawei, providing electronic accessories for Huawei mobile phones. And Samsung has completely turned into an American company. Most of the equity is already in the hands of large American companies.
I have to say that sometimes Benzi’s cleverness is really better than that of the largest country in the world.
The reason why Idaka specified the model of the Mitsubishi Consortium is because there are examples of Japanese consortiums such as the Mitsui Consortium. Of course, the control core and organizational model are exactly the same. The difference is that the core company of the Mitsubishi Consortium is Bank of Tokyo-Mitsubishi UFJ, while the core company of the Mitsui Consortium is the famous Mitsui & Co.
When he established the Sixth Bank of France, he formed a consortium with the bank as the core.
