State of Wyoming Billionaires in the wild

Status: 20.06.2021 09:34 a.m.

In Jackson Hole in the US state of Wyoming, the fox and the rabbit say goodnight – and recently the richest people in the country too. You will be attracted by unspoiled nature – and low taxes.

From Jule Käppel, ARD studio Washington

Real estate agent Andrew Ellett makes the dream of a ranch in the wilderness of the northern Rocky Mountains come true. Millionaires and billionaires come to him when they are looking for the perfect piece of land in the middle of nowhere: he has it.

“On this property, you can saddle your horses and ride right into the woods for hundreds of miles,” says Ellet. The property includes 120 acres of land, a main house with several hundred square feet of living space, a three bedroom guest house, and there is no limit to the number of horses on the ranch. This is also an important selling point here in the western United States, in the state of Wyoming. The price: $ 4.6 million. A good deal compared to the noble wooden house on the river for the super rich who love fly fishing. That costs almost 18 million.

Exclusive properties in the middle of nowhere

The agent says that’s the best thing about Jackson Hole: You can be close to town and still feel so rural. The Engel und Völkers broker can offer a lonely ranch a maximum of three times a year. Only three percent of the land in the parish is private. The rest is not for sale. Mountains and wide valleys, forests and crystal clear lakes are home to elks, herds of bison, bears – and wildflowers dance in the meadows in the summer breeze. An idyll with three ski areas and two national parks on the doorstep. One of them is the famous Yellowstone National Park.

Natural idyll with a low tax burden

The richest people in the United States move to this area in the north of Cowboy State. But they don’t just love the landscape. The community is one of the largest tax havens in the United States, explains Ben Williamson. “Property tax is minimal, there is no income tax.” The 28-year-old Williamson is against the fact that untouched nature becomes an investment.

The executive director of the Northern Rockies Conservation Cooperative finds it “absurd” that this isolated region has the highest per capita income in the country – more than $ 250,000. It’s almost a third less in Manhattan.

In the nearby Grand Teton National Park, grazing bison radiate the power of untouched nature. Image: AFP

Rich new citizens make life difficult for others

The folks who aren’t in the richest 1 percent have a hard time getting along, Williamson says. Because in the past few years rents have exploded along with market prices for luxury real estate. During the corona pandemic, even more people were relocated from the metropolises on the west and east coast. In addition to the hedge fund managers, CEOs and film actresses, the home office employees with a lot of money have now joined them. The apartments have become too expensive for the long-established residents of the town who take care of the ranches, hotel guests or hospital patients. They move to the neighboring communities, drive over the pass to work for almost an hour. Sometimes there is no getting through in snow. And then Jackson Hole, the dream place of billionaires, is cut off from the world for days

The Sultan of Brunei is one of the richest people on the planet. The Sultan of Brunei Haji Hassanal Bolkiah is willing to spend about 535 million VND for a haircut. A barber from London, England named Ken Modestou specializes in being invited to cut the hair of this monarch. The amazing thing is that the worker still lives in the UK, was flown to Brunei by private jet just to get a haircut and the Sultan of Brunei also paid for the move. Gold shirt costs more than 5 billion Datta Phuge wears a pure gold shirt. An Indian businessman and billionaire named Datta Phuge ordered a gold shirt for himself in 2012. Such a shirt costs 240,000 USD (more than 5.5 billion VND). This shirt is made of 22 carat gold and took 3 years to sew. The shirt was designed by jewelry designer Tejpal Ranka in the city of Pune, India. 16 artisans were recruited by Tejpal just to assemble the pieces of the shirt within 15 days. Not only that, the designer also hand-made a belt to match the gold shirt. Guinness World Records has also recognized this as the most expensive shirt in the world. Engraved giant name so that it can be seen from… the Moon The name of the Arab billionaire can be seen from the Moon. A billionaire named Sheikh Hamad Bin Hamdan Al Nahyan bought an island in the city of Abu Dhabi, Saudi Arabia with the desire to carve his name on the island. The special thing is that the name is engraved so large that it is said to be visible from the Moon. It was created by digging deep into the earth and letting seawater flow in. Buy an old book for more than… 700 billion dong The book is “worth a thousand gold” by Leonardo da Vinci. Billionaire Bill Gates, the founder of Microsoft Corporation, rarely spends lavishly, but he spent 30.8 million USD (more than 709 billion VND) to buy an old book. It is a book by the famous painter Leonardo da Vinci called Codex Leicester. (According to Natinol/Dan Tri)

The boots finally landed and Didi is about to go on the market.

On June 11, Didi formally submitted the IPO prospectus to the SEC, with the stock code “DIDI”. Many media reported that Didi’s valuation at the time of the IPO may reach around US$100 billion. According to data from PitchBook, after a round of financing in August last year, Didi’s latest valuation was US$62 billion and was supported by investment giants such as SoftBank, Alibaba and Tencent. This means that the valuation of Didi Chuxing has risen by more than 50% in the past year.

This is related to the recent re-approval of shared travel by capital. Uber’s closing price on the first trading day of 2020 was $31.37 per share. As of the close of trading on June 10, 2021, Uber’s stock price is US$49.55 per share, and the latest total market value is US$92.746 billion. In one year, Uber’s stock price rose nearly 60%.

There are many mysteries surrounding Didi. For example, is it profitable? How many people will realize their dream of getting rich in the listing carnival? As Didi submits its prospectus, these “fogs” are dispersing.

Another wealth creation movement

Public information shows that Didi Chuxing has conducted about 21 rounds of financing before, with a total financing of more than 20 billion U.S. dollars. Investors include investment institutions such as SoftBank China, Jinshajiang Venture Capital, Hillhouse Capital, and Sequoia Capital, as well as Apple, Toyota, and Tencent. , Alibaba, Ant Group and other companies. According to a rough estimate, Didi Chuxing has more than 41 institutional investors, many of whom are old shareholders who have been with them for many years and have raised multiple rounds.

Every super IPO is a capital feast, which will give birth to rich people in batches, and even change the ranking of the Forbes rich list. At the same time, workers from big factories have also directly entered the upstart class.

So what is the specific shareholding ratio? According to the prospectus, among institutional investors, Softbank Vision Fund Entity holds 21.5% of shares and 21.5% of voting rights; Uber holds 12.8% of shares and 12.8% of voting rights; Tencent holds 6.8% of shares and 6.8% of voting rights. .

Cheng Wei, founder, chairman and CEO of Didi

As for individual shareholders, Didi’s founder, chairman and CEO Cheng maintains a 7% stake in Didi and 15.4% of the voting rights; Didi co-founder and president Liu Qing holds 1.7% of the shares and 6.7% of the voting rights; Senior Deputy Eight directors and executives, including President Zhu Jingshi, Chief Technology Officer Zhang Bo, and CEO Sun Shu of the ride-hailing business, have not shown specific data because their shareholding ratio is less than 1%.

However, the prospectus mentions that Didi executives and directors together hold 10.5% of the equity and 20.1% of the voting rights. This also means that these 8 directors and executives together hold approximately 1.8% of Didi’s shares, which is about 0.225% per person on average.

If calculated according to Didi’s USD 100 billion valuation, Cheng Wei’s net worth is approximately USD 7 billion (approximately RMB 44.7 billion). According to the real-time data of the Forbes World Rich List, Cheng Wei will be ranked about 390 on this list; Liu Qing’s net worth will exceed 1.7 billion U.S. dollars (about 10.8 billion yuan), and the average net worth of the other eight executives will be 225 million U.S. dollars. (About 1.44 billion yuan). This also means that with the listing of Didi, two tens of billions and eight billionaires will be born.

In addition to this, “beating up workers” is also a beneficiary of the wealth creation plan. The prospectus shows that as of the end of May 2021, employees and consultants have a total of 48.08 million common stock options, with a shareholding ratio of approximately 4.267%, and the grant period is from March 2015 to April 2021. If calculated according to the valuation of 100 billion US dollars, the value of this part of the stock will be close to 27.25 billion yuan.

At present, the prospectus does not mention the number of employee shareholding platforms. If calculated according to the total shareholding, the average per person is more than 1.71 million yuan. As of the end of 2020, Didi has 15,914 full-time employees worldwide.

Looking at history, similar stories have been unfolding in the past two decades:

Tencent went public in 2004, and the original equity created 5 billionaires, 7 multimillionaires and more than 100 millionaires;

A total of 8 billionaires, 50 millionaires and about 250 millionaires were born in Baidu’s IPO;

When 360 went public, Zhou Hongyi had a net worth of approximately US$1 billion, and each employee held a stock market value of US$480,000;

Xiaomi’s prospectus mentions that 7,126 people have entered the equity incentive plan. The pre-IPO employee share option plan’s incentive quota is approximately US$6.96 billion, or US$976,700 per capita.

The most recent example is that on February 5 this year, Kuaishou landed on the Hong Kong Stock Exchange and its stock price soared to 393.6 Hong Kong dollars per share, with a market value of over 1.2 trillion Hong Kong dollars. Benefiting from this, Kuaishou co-founder and CEO Su Hua and co-founder and chief product officer Cheng Yixiao have net worth of US$18.7 billion and US$14.8 billion. In addition, Kuaishou Technology’s other two individual shareholders, Yinxin and Yang Yuanxi, entered the Forbes new billionaires queue for US$3.1 billion and US$2.7 billion respectively.

At the same time, according to the Kuaishou prospectus, Kuaishou has a shareholding platform with 4,551 employees. As of September 30, 2020, a total of 524 million Class B shares have been subscribed. According to the stock price of Kuaishou at the time of listing, the per capita net worth exceeds 30 million Hong Kong dollars.

This quickly gave birth to a group of Internet upstarts. After Kuaishou went public, an employee said in an interview that he had worked in Kuaishou for more than 3 years and held shares worth nearly 30 million yuan. After deducting 45% of personal income tax, he received about 16.5 million yuan.

To buy a house?

After the “beaters” turned into upstarts, their needs were also very simple-to buy a house.

For example, last year, when Ant Group was preparing to go public, housing prices in Hangzhou boiled, and some owners increased their prices by one million overnight, and Wenzhou real estate speculators joined the panic buying.

This situation happens from time to time in cities where the Internet is concentrated, such as Shenzhen and Beijing. Taking Beijing as an example, the current Internet industry is roughly distributed in four major sectors: Baidu, Tencent, Kuaishou, Xiaomi, Sina, etc. are gathered in Houchang Village; Ali, Meituan, Momo, etc. in Wangjing; JD.com stands out in Yizhuang; BYTE Beating, Shangtang, and iQiyi remain in Zhongguancun.

The area where these companies are located is also a hot spot for real estate transactions in Beijing. In an interview with the Economic Observer, a real estate consultant in the Dongxiaokou sector in Changping, Beijing revealed that Ali, Tencent and Kuaishou employees mostly bought large units of 140 square meters, aged around 30; Baidu employees mainly purchased 88, 110 square meters. Buyers of the medium-sized apartment are younger, and the youngest is only 24 years old. In the small apartment of 65 square meters, the employees of Netease, Sina and Meituan accounted for the majority.

In terms of user portraits, customers with Internet backgrounds are less price-sensitive, and generally grab good floors and apartment types; and the pace of buying houses is very fast, and many of them are booked after reading them. Even during the epidemic, the sales offices were closed, and some Internet and financial industry customers had never seen what the house looked like, so they paid the full payment and booked the house remotely.

In many cases, it is these “beaters” who have become the sales champions among real estate consultants. There was a real estate consultant who sold over a hundred houses to upstarts in half a year. For this reason, real estate consultants even change their working hours. It is normal to leave work at 12 o’clock in the evening. The sales office is staffed 24 hours a day in order to adapt to the work rhythm of Internet people 996 and 007.

Of course, the reason why these technology upstarts have become the main buyers of houses in some areas is that on the one hand, the personal wealth increase brought about by the listing, on the other hand, most Internet companies can help solve the household registration or work residence permit. At the same time, some companies will also provide employees with interest-free or low-interest loans of about 500,000 yuan as employee housing benefits.

After Didi goes public, similar stories may continue to repeat itself. The real estate agent has been “just about to move.”

Source: Capital Detective Zhou Yongliang

In 2012, Indian billionaire Datta Phuge stunned many people when he ordered a gold shirt for himself. This shirt is made of 22 carat gold, worth 240,000 USD (more than 5.5 billion VND). Time to complete this shirt is 3 years. 16 artisans were recruited just to assemble the pieces of the shirt within 15 days. Guinness World Records has also recognized this as the most expensive shirt in the world. Sultan Hassanal Bolkiah is famous for being rich with the country’s abundant oil resources. He used to be willing to spend about 535 million VND for a haircut. Accordingly, a barber from London (England) was invited to cut the hair of this monarch. Worth mentioning, that worker still lives in the UK, was transported to Brunei by private jet just to cut his hair and the Sultan of Brunei also paid for the move. Billionaire Bill Gates is famous for his thrifty habits, rarely spending extravagantly. However, he spent 30.8 million USD (more than 709 billion VND) to buy an old book. It is a book by the famous painter Leonardo da Vinci called Codex Leicester. Saudi billionaire Sheikh Hamad Bin Hamdan Al Nahyan bought an island in the city of Abu Dhabi, Arabia with the desire to engrave his name on the island. The special thing is that the name is engraved so large that it is said to be visible from the Moon. It was created by digging deep into the earth and letting seawater flow in. Image source: Getty Image Video: Bill Gates and his wife are divorced and property division. Source: VTV24

According to analysts, Bitcoin is too expensive, causing investors to rush to find new digital currencies to profit. As a result, Ethereum has increased by more than 40% in value in the past April. Ethereum cryptocurrency was launched in 2013 with the purpose of being used to transact for an intranet of the same name. Now it is turning these crypto holders into billionaires with skyrocketing prices. The Ethereum cryptocurrency is also benefiting from the rise of NFTs, aka non-fungible tokens. This is a digital asset designed to represent ownership of unique virtual items such as art and sports memorabilia. Many NFTs like CryptoKitties and CryptoPunks are all running on Ethereum. However, this outburst of activity has resulted in congestion on the Ethereum network. Ethereum is currently being upgraded with the ambition of enabling faster transaction times and reducing the amount of power required to process transactions.

To own super villas of several hundred million dollars, even billions of dollars, many billionaires still do not regret buying. Antilia skyscraper in Mumbai (India) is the residence of billionaire Mukesh Ambani – the richest man in Asia today. (Photo: Architecturaldigest) Antilia building is named after a mythical island, 27 floors high, has 6 basements for parking, 4 helipads and is serviced by a staff of 600. The building is estimated to be worth more than $1 billion. (Photo: Thegentlemansjournal) Villa Leopolda is located in Alpes-Maritimes (France), worth 750 million USD. This is the home of Brazilian billionaire – Lily Safra. (Photo:Forbes) Previously, this estate belonged to King Leopold II of Belgium, covering more than 8 hectares and located on a site with the most beautiful landscape in Europe. (Photo: Thegentlemansjournal) Fair Field Mansion is located in New York state (USA), owned by billionaire Ira Rennert. With 29 bedrooms, 39 bathrooms, 3 swimming pools and its own power plant, this estate is one of the most expensive homes in the US, valued at about $248 million. (Photo: Thegentlemansjournal) Located in the heart of London (England), Kensington Palace Gardens is the street with the highest real estate prices in England. Indian steel billionaire Lakshmi Mittal owns a $222 million mansion in this area. (Photo: Thegentlemansjournal) The Ellison mansion complex in California (USA) is owned by billionaire Oracle founder – Larry Ellison. This Japanese-style villa, 9.3 hectares wide, includes 10 houses, a tea house, artificial lake, outdoor bath house and a koi pond. It is estimated that the villa is worth 200 million USD. (Photo: Thegentlemansjournal)

The hobby of the world’s richest billionaire Jeff Bezos, the founder of e-commerce empire Amazon, is extremely expensive. He spends his time exploring the ocean looking for NASA rockets that were dropped during space launch. He spent three weeks on an underwater “rocket hunt,” according to Entrepreneur. Photo: David Ryder / The Washington Post. Google cofounder Sergey Brin, who is worth $ 94.8 billion, is passionate about thrilling sports, including skydiving or flying trapeze. He even persuaded some brave Google employees to play with them to form a team, according to Tatler. Photo: Google+. Chinese billionaire Jack Ma, who has a net worth of $ 47.3 billion, is passionate about performing arts on stage. The former Alibaba Group CEO has appeared on the stages of many Chinese music festivals. Jack Ma’s most famous performance was the impersonation of Michael Jackson at his company’s 2017 annual party. Photo: TPG / Getty Images. 25-year-old young man Eric Tse in Hong Kong (China) became a billionaire in just one night. In 2019, Eric Tse’s father decided to “give” his son a 21.45% stake in Sino Biopharmaceutical Pharmaceutical Group, equivalent to $ 3.8 billion. Besides attending parties with singer Rihanna, basketball star Yao Ming, model Bella Hadid and Prince Charlene of Monaco, billionaire Eric is also a lover of outdoor sports including paragliding. , fly over the French Alps and swim with dolphins in the Bahamas. William Belo, a Filipino billionaire with a fortune of $ 1 billion, not only owns a chain of 57 furniture and home improvement stores, but is also known for his unique hobby: raising crocodiles. Photo: Forbes. According to Bloomberg, Mr. Belo has two farms of 23,000 crocodiles raised for commercial use. Their skins are sold to luxury brands such as LVMH, while meat used to make Hungarian sausages and Filipino food called sisig.

From the center of the highland district of Nam Tra My, Quang Nam province has to pass nearly 40 kilometers through winding and steep roads to reach the “kingdom of ginseng” in Tra Linh commune. Under the vast forest canopies, ginseng here is growing lush. In the distance, there are spacious roofs, solid concrete roads running straight to the villages and villages. Mr. Ho Van Roi takes care of his family’s 4-year-old ginseng garden. Mr. Ho Van Ri’s family in the village of Tac Ngo, Tra Linh commune, which used to be a poor household, is now a rich household in the locality. Mr. Roi said that when he had not cultivated ginseng, his family’s economy completely depended on upland fields. Maybe he went to the field to work for a whole month before he came back. Family meal is only cassava and corn. Every time I got sick, I could not borrow a car, I had to walk a few dozen kilometers of forest road to the district center for treatment. When he learned about the precious ginseng variety, Mr. Ho Van Ri’s family planted and propagated himself. Up to now, after 10 years of construction, Ngoc Linh ginseng garden has 300 trees from 1-7 years old, earning hundreds of millions VND / year. In the spacious house, superficial with full amenities, Mr. Roi said he changed his life thanks to ginseng. “The economic value that ginseng brings to the family is very high. Now I have money to buy food, buy a house … “, a Roi said. Five years ago, the people here never dared to think that they could get rich thanks to this naturally growing forest tree. The house of about 60 square meters of Mr. Ho Van Toan, in village 2, Tra Linh commune, calculated that a billion silver is equivalent to 5 kg of medium ginseng. This is also the price to build a common house for people in the village. Anh Toan said, in the past, people in the village did not know the real value of ginseng, but used ginseng leaves to feed pigs. Yet now, the 1-year-old ginseng costs 300,000 VND / tree, the 2-year-old is 600,000 VND / tree; 1 kg of fresh leaves costs 10 million VND, 100 grams of ginseng costs an average of 20 million VND. Realizing the high value from the ginseng tree, now throughout the villages and villages around the top of Ngoc Linh mountain, people are conscious of protecting this precious ginseng. Mr. Ho Van Toan said that here people all set up posts to keep forests to protect ginseng. “I have to set up a trap next to the ginseng plant for 24-hour protection. At night, we have to go check and catch frogs and rats to avoid the rat biting of ginseng. I want the government to support the cultivation of ginseng so that people can both have income and protect the forest, ”said Mathematics. Nam Tra My district, Quang Nam province has 7 communes with 1,200 households participating in growing Ngoc Linh ginseng on an area of ​​1,560 ha. Mr. Trinh Minh Quy, Director of Sam Ngoc Linh Ginseng Center, Nam Tra My District, Quang Nam Province, said that the original region of Dak Ngo ginseng, Tra Linh commune has accepted two research projects on the original Ngoc Linh ginseng region. Currently, there are 13 businesses investing nearly 280 hectares of ginseng in 3 communes Tra Linh, Tra Nam and Tra Cang. According to Mr. Trinh Minh Quy, Quang Nam province will form tourism in the original ginseng region associated with economic development and forest protection. Over the years, tours to the original ginseng region have attracted 3,000-4,000 people to visit this region. “It is expected that the formation of a tourist route in the Tonkin ginseng region in the coming time will develop and attract more visitors. When developing tourism, the original ginseng region will be related to forest protection and nature protection, so the center is now aiming to build such tourism products, ”Mr. Quy said. The houses are spacious, superficial in the midst of great Truong Son. According to the planning of Quang Nam province, in the past 5 years, Nam Tra My district has produced seeds, provided support to 7 communes with more than 20,000 ginseng seedlings. Mr. Phan Viet Cuong, Secretary of Quang Nam Provincial Party Committee, said that the investment in large-scale growing Ngoc Linh ginseng will be a right direction for sustainable poverty reduction for people. To do this, first of all, it is necessary to deploy models of cooperation in investment and development of Ngoc Linh ginseng with the application of high-tech science and technology. “Quang Nam province will hold many scientific seminars, investment promotion to call for large and experienced enterprises in ginseng growing as well as processing ginseng, towards opening a processing factory in Quang Nam such as Some countries have done it. Next, the province will also improve the quality of Ngoc Linh ginseng to create jobs and increase income for people ”, Mr. Cuong affirmed.

The latest image of the office at the Mar-a-Lago resort (Florida) partly reveals the post-White House life of former US President Donald Trump, according to the Telegraph. His new desk is quite empty, featuring a few paper newspapers and a signboard commemorating the border wall. The brown leather chair he brought from his Trump Tower office to the Oval Office and now Mar-a-lago. This shows that Mr. Trump is prone to obeying habits, difficult to change. Judging from the two desk lamps and the photo frame behind the former US president, the Telegraph stated that Mr. Trump admires the balance, symmetry. Photo: Twitter.

At first glance, the office of the world’s fourth-richest billionaire Bill Gates is no different from the conventional designs of architectural firms. The large dark wood desk matched the cognac leather chair given to him by Melinda Gates’ wife. Other accessories are also made of brown leather to keep all stationery in order. Photo: Alamy.

However, the bookcase on the back reveals the creative side of the Microsoft co-founder. The books are arranged and coordinated with eyes instead of overlapping, except for a stack of 3 books, the number of objects that are considered to be attractive to the human eye, is horizontal. A decorative bowl and family photo frame are also arranged alternately. Also, perhaps Mr. Gates did not refuse naps, so a cozy blanket was available on the velvet sofa. Photo: Gatesnotes.

No employee at Facebook headquarters has a private office, not even founder Mark Zuckerberg. The 2016 photo, when then-US Secretary of State John Kerry toured the California headquarters, showed that the workplace of billionaire Zuckerberg and his colleagues was very minimalist, according to the Telegraph. Photo: Getty Images.

The image of simple swivel chairs, a white desk and a mess of electrical wires may surprise the public when it comes to the office space of one of the world’s most valuable companies. However, it is quite suitable for Zuckerberg’s simple, no-frills style. When working, the CEO also focused on the computer screen. In addition, the building has 5 different dining areas, many exhibiting art installations, an entertainment area and a ball house. Photo: New York Times.

The headquarters of the beauty brand Kylie Cosmetics strongly impresses with a large neon sign, the M & M candy box featuring the face of billionaire Kylie Jenner himself, lipstick art and a meeting room full of white feathered swivel chair. Photo: Kylie Jenner / YouTube.

However, the desk of the world’s youngest female billionaire is not very attractive, according to the Telegraph. It was just a square black table, similar to the one commonly found in American cafeterias. The surface is cluttered and cluttered with stationery and sample products. Photo: Kylie Jenner.

The desk of Kim Kardashian, the newest member of the billionaire club, is housed in a space of beige, cream and mink feathers. Table accessories are kept to a minimum: a marble pen case, a lamp, a notebook and a few green plants placed in oddly-shaped pots to prevent the space from looking overwhelming. monochrome. The highlight on the desk is a rather large amethyst block. Crystal enthusiasts claim that this stone can help reduce stress, dispel negativity and promote psychic perception – a “very Kim” aspect, according to the Telegraph. Photo: Vogue.