Global Monopoly of Technology

Chapter 158 [Market Value of Bluestar Technology Group]

At 10:00 on March 10, 2006, Bluestar Technology Group officially went public in the United States and completed the bell opening ceremony on the Nasdaq. The trading code was "BTC". It sold 120 million shares, raised $5.6 billion, and its IPO was valued at $51.7 billion, more than double Google's, making it the largest IPO in history.

The numbers climbed wildly after the opening bell.

$54.56…

$54.81…

$55.27…

As soon as the opening trading started, countless eyes were fixed on the stock price changes of "BTC", and the curve of strength all the way made every investor's heart beat faster.

That's right, it's time for a gluttonous feast.

At this moment, the "BTC" trading code is definitely a symbol that makes countless large, medium and small investors and shareholders crazy.

In 2003, the U.S. stock market was undervalued, the year that Bluestar Technology was established.

Three years later, on March 10, 2006, Bluestar Technology was listed on Nasdaq.

If Google's IPO at that time stimulated the stock market that had been in the doldrums for two years, then today, as a superstar company in the Internet technology industry, the listing of Bluestar Technology Group is for the entire stock market.

Totally crazy!

Hundreds of millions of funds have flowed into the stock market crazily, and these funds have only one purpose, crazy trading of "BTC" stocks.

1 hour after listing.

Bluestar Technology has risen to $56.92 per share, and has not seen any slowing trend, which means that the total market value of Bluestar Technology Group has reached $62.612 billion.

The stock's first-day trading volume reached 283 million shares, and the closing price on the day was fixed at $62.53 per share. On the first day of listing, it rose by more than 32%, and the total market value of the group company reached $68.783 billion.

This also allowed Bluestar Technology Group to enter the ranks of the top ten listed IT Internet technology companies on the first day of listing.

At present, Microsoft is the world's largest listed technology company, with a total market value of 279 billion US dollars, and ranks third in the global market value. In 2006, the world's largest listed company was Exxon Mobil, and its current market value reached $372.6 billion.

Bluestar Technology Group's current global ranking among all listed companies in the world is still far from entering the top ten ranks. Toyota, currently ranked tenth, has a market value of 118 billion US dollars.

But having said that, those listed companies that are far ahead of Bluestar Technology are giants with decades or even centuries of history, while Bluestar Technology has only been established for three years, and has already exceeded the market value of 50 billion US dollars. Incredible legend.

Today, the company's team members are extremely excited.

Basically, every executive who got the allotment sold a small part of the stock to cash out on the listing day, about 10 million yuan.

The initial team members of Bluestar Technology are all worth over 100 million yuan, and the currency unit is US dollars.

Irene currently holds 0.33% of BTC shares in her name, with a net asset of about $270 million.

At the current exchange rate of ¥2.168 billion, Irene did not cash out a penny.

Feng Yi, Bai Lang, Su Yali and Lu Siming all hold 0.31% of the shares, and their personal net assets currently reach $213 million, equivalent to 1.7 billion yuan.

It is worth mentioning that Bai Lang and Lu Siming are now official employees of the Cote d'Azur Company, but they were also allocated Bluestar Technology's option stocks early and belonged to the initial team members, so not only did they come this time, but they also participated. The bell ringing ceremony.

Eleven Bluestar Technology Group executives, including Yu Jun, Li Mingyuan, Zhang Bowen, Chad Hurley, Chen Shijun and George Charles, are worth more than $100 million.

The highest is Erin, who is worth $270 million, and the lowest is Chad Hurley, whose shares in Bluestar Technology are currently worth $105 million.

Except for Erin, who did not sell one share for cash, the other ten people sold off part of the shares, and the most cashed out was George Charles, which reached $12 million.

However, everyone knows that the shares in their hands cannot be thrown too much, it is not worth it, because everyone firmly believes that the future will rise sharply.

Qin Weimu currently holds 1.3% of the BTC shares. Although she has resigned, she has been allocated a certain percentage of shares from the option pool reservation according to her contribution during her tenure. At present, the total value of the shares she holds is about $894 million. , equivalent to ¥7.178 billion.

But before joining Bluestar Technology, her net worth has accumulated more than 40 million yuan, so her current personal net worth is 7.218 billion yuan. Qin Weimu also did not sell a share in this IPO.

She has long achieved financial freedom, and there is no place to continue to spend money. There is no reason to sell the shares of Bluestar Technology to cash out. As a lawyer and a person with high financial attainments, Qin Weimu is from the perspective of personal investment. Looking at it, she is also very optimistic about the stock price of Bluestar Technology, and she will naturally not sell and cash out.

As one of the two co-founders of Bluestar Technology Group, Xu Yong, according to Luo Sheng's previous promise to him, will own 3% of the company's option pool reserved after the IPO.

The shares of Bluestar Technology are Xu Yong's largest asset allocation, which makes his personal net worth skyrocket to 2.063 billion US dollars in an instant, which is equivalent to 16.5 billion yuan.

Bluestar Technology Group's successful IPO listing created 15 billionaires, 42 multi-millionaires, and more than 377 millionaires on that day.

Among the 15 members of the billionaire club, Xu Yongyi entered the billionaire club with US$2.063 billion, while Luo Sheng was a tens of billionaire club.

As the core founder and absolute soul of Bluestar Technology Group, Luo Sheng's equity has been diluted from the beginning of the company's establishment, and he also transferred an equity in the middle to cash out the company. After today's IPO, he personally holds The equity of Bluestar Technology Group still reaches an astonishing 33.15%, and such a high proportion is due to his cautious financing.

Usually, after an IPO of a listed company, with a crazy financing scale like Luo Sheng, most of the shares held by the founders are around 15%, which is already very good, and most of them are around 10%.

However, Luo Sheng alone holds more than one-third of the shares, and his 33.15% BTC shares are worth $22.8 billion at today's closing price, equivalent to ¥183.1 billion.

However, his net worth was affected by the "drag" of the Cote d'Azur company. The company is currently not making any profit. Not only is it in a state of continuous huge losses, but it has also borrowed a large amount of loans from the bank, which makes Luo Sheng's debt more than 1.2 billion US dollars, so his current personal net worth is 21.6 billion US dollars (¥173.4 billion).

In 2006, the terrifying worth of more than 20 billion US dollars made Luo Sheng easily among the top ten richest individuals in the world. After the successful IPO of Bluestar Technology Group, the world's richest list has also changed.

On the list of the world's richest people, the number one is still Bill Gates, with a net worth of $50 billion;

The second is Warren Buffett, with a net worth of $42 billion;

Third Mexican telecommunications giant Carlos Slim Helu, net worth 30 billion US dollars;

Fourth is Ingvar Kamprad from Sweden, with a net worth of $28 billion;

Fifth is Lakshmi Mimittar from India, with a net worth of $23.5 billion;

The sixth is another major co-founder of Microsoft, Paul Allen, with a net worth of $22 billion;

The seventh is Luo Sheng. The IPO of Bluestar Technology Group was successful, and he dropped from the 500th place last year to the 7th place with a personal net worth of 21.6 billion US dollars.

Eighth is the richest man in France, Bernard Arnault, with a net worth of $21.5 billion;

The ninth is the big dog prince from Sart, with a net worth of 20 billion US dollars;

Tenth is Kenneth Thomas from Canada with a net worth of $19.6 billion.

Luo Sheng has created too many or broke a series of wealth myth records. He is the first Chinese to enter the list of the world's top 100 richest people, and the first Chinese to enter the top ten of the world's richest list.

He is also the fastest and youngest individual in the world to accumulate $300 million, $1 billion, $5 billion, $10 billion, and $20 billion.

China's richest man and Asia's richest man officially changed hands today.

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