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Overnight, an instant messaging payment artificial intelligence software with 500 million users appeared. It was difficult not to attract attention!
Moreover, in the United States, the gathering of the five blessings and the distribution of 70 million US dollars were also very popular.
Even the elites of Wall Street were using WeChat, and it was very good.
In China during the day, it was indeed overnight for the United States. WeChat exploded and had 500 million users!
What kind of concept was this?
The number of WeChat users would definitely continue to increase in the future. Moreover, WeChat was a great app, and there was basically no need to worry about its Retention rate. Even the elites of Wall Street had a high usage rate of this app. From time to time, they would take out their phones and shake it, only to shake their bosses…
The valuation of a company was nothing more than considering a few aspects.
Users and profits!
WeChat had 500 million users, which was calculated by the Umbrella Corporation itself. Wall Street did not have specific information yet, so they could only use this number to estimate.
Secondly, WeChat had just been launched and had yet to make a profit. However, this did not stop Wall Street's vicious eyes from seeing that this software would be a big hit in mobile payments. Secondly, this software was very good.
Then there was the popularity of the industry.
Instant messaging, payment, and artificial intelligence were all very popular projects recently. WeChat combined the three, and it did not seem bloated. Instead, it was perfect, and its valuation could increase by a lot.
WeChat was actually a huge platform with hundreds of millions of users. They could shop, download games, and pay all kinds of fees on it. This was a platform and a channel.
He also had to consider WeChat's promise and reputation.
If money was stolen from WeChat users, they would pay in full.
WeChat, which was also the Umbrella Corporation's reputation, was pretty good. This could be seen from Umbrella Games.
Umbrella Games had always been a company that Wall Street had high hopes for.
Tribe of War and Glory were popular all over the world. In August alone, Tribe of War's revenue had exceeded 1.2 billion. Now that September was not over yet, its revenue had already exceeded 1.9 billion, and it was expected to exceed 2 billion.
Not to mention that Glory, a PC game, was also popular in many countries. Its income was not any worse than War Tribe.
This was one of the signboards of the Umbrella Corporation. It was also a cash cow and a highly profitable machine to support the development of the Umbrella Corporation.
Therefore, Wall Street's valuation of Umbrella Corporation was: 10 billion USD was about 68 billion dollars.
WeChat accounted for 6.6 billion US dollars, which was equivalent to 45 billion yuan. This was because WeChat had not yet made a profit. Secondly, it had just been launched. The server, artificial intelligence, and new communication technology patents used were not confirmed to belong to the Umbrella Corporation.
Therefore, the valuation was relatively low. If these patents were included, the valuation would be even higher.
Umbrella's gaming company accounted for 3.4 billion USD, which was equivalent to 23.1 billion. This valuation completely underestimated Umbrella Games.
Umbrella Gaming Company's annual revenue alone could exceed this figure. Next month, Umbrella Gaming Company's revenue could exceed 3 billion in just one month!
However, Umbrella Games was still too young. The game that was released was indeed a high-quality and popular game, but it could not guarantee that it would remain popular forever.
If there were a few more games or a large-scale game to prove Umbrella Games 'capabilities, its valuation would be even higher.
In short, Lin Yu's current net worth had exceeded 110 billion.
According to the statistics of the World's Richest List released by the forbes and Hurun Rich List, Lin Yu's net worth was about 62nd in the world, while Father Lin and his team were ranked fifth with a net worth of 560 billion!
In first place was Bill Gates with 740 billion. After China cracked down on pirated goods, his net worth had skyrocketed and had already exceeded 100 billion US dollars!
In China, Lin Yu's net worth could be ranked around eighth!
In front of him was the Zong family of the Wa-wah-wah Group, 112 billion!
However, Lin Yu's ranking would still rise when the Hurun Rich List and the forbes global rich list were re-calculated. It was only the end of September, and there were still several months before these two statistics were released.
It had only been a few months since Lin Yu inherited 10% of Qianda's shares and reached 110 billion.
The Wall Street statistics were also reprinted and reported in China.
Wall Street estimated that WeChat was valued at 45 billion, and Umbrella Games was valued at 23.1 billion!
Lin Yu's net worth of 100 billion only took a few months!
Lin Yu, the Bill Gai of the East!
Lin Yu would become the person with the most hope of surpassing Bill Gates and becoming the richest man in the world!
By accident,#LinYu #,#BillionWealth #,#Wechat #, and a few other topics had already occupied Weibo.
All the major websites were reporting on this matter.
Even many local news reports reported that Lin Yu, who was determined to surpass his father and become the richest man in the world, had reached the goal of being worth 100 billion in just a few months. He was hailed by Wall Street as the person with the most hope of surpassing Bill Gates and becoming the richest man in the world.
He was only eighteen years old!
At night, Li Yun rested well and went to find Lin Yu. She was ready to go home. It seemed that Father Lin was looking for her, so she went back for dinner.
At nine o'clock, they returned to the villa. Mrs. Lin had already prepared dinner. It was quite sumptuous.
Mrs. Lin looked at Lin Yu and was very satisfied. This brat had been in the limelight recently.
However, this was a little too high-profile. Father Lin's title as the richest man in Asia was enough to attract attention. In the end, Lin Yu was now worth hundreds of billions and was among the top ten richest people in China.
As the saying goes, a tall tree attracts the wind…
"Let's eat first. I'll talk to you later!”
At this time, Father Lin came down from the study upstairs and invited Lin Yu to eat first so that he could talk to Lin Yu about the company.
After dinner, Mrs. Lin and Li Yun cleaned up the dishes while Lin Yu followed Mr. Lin to the study.
"Have a seat." After entering the study, Father Lin invited Lin Yu to sit down and said,""You've been in the limelight recently. I always thought that you were just talking about surpassing me to become the richest man in the world. I didn't expect you to give me such a big surprise.”
Father Lin looked at Lin Yu, feeling a little gratified and emotional.
When Lin Yu founded the Umbrella Corporation, he had treated Lin Yu as a playboy. After accumulating some experience, he would know how difficult it was to start a business after he failed. He would send Lin Yu to the company to train and then take over his job.
He did not expect Lin Yu to really set up his Umbrella Corporation, and it was very impressive.
If the previous novel websites, video websites, and entertainment companies were just for fun, then WeChat was really the beginning of an explosion.
From scratch, the Umbrella Corporation had a market value of more than 60 billion in just a few months. Even Father Lin had to admire it!
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