Chapter 109 How Much Money Does Lu Yiming Have
When they went to the toilet after class, Li Quanwang approached Lu Yiming mysteriously.
Lu Yiming turned away with a look of disgust.
"What? Want to peek?"
Li Quanwang sneered, "Why would I peek at you? I have that thing too."
Lu Yiming involuntarily stretched out his left hand to cover his back: "Then why are you so close?"
Li Quanwang then asked him mysteriously, "Hey, Zha Ming, are you and Zheng Fengting having an affair?"
When Lu Yiming heard this, he immediately became unhappy. He remembered that Li Quanwang had said that he and Lin Yuzhen had an affair, so he glared at him and said, "Are you itching for trouble again? If you continue to make up rumors, I will make you lose all your five million. I will even make you owe the bank a huge debt!"
Li Quanwang immediately cried out with a bitter face: "Who spread the rumor? I saw it all just now. Zheng Fengting turned around and stared at you secretly several times. How dare you say that there is nothing going on between you two?"
Lu Yiming pulled up his pants and went to wash his hands, saying with a melancholy face: "Hey, Wangzai, you don't understand. It's common for a handsome young man like me to be secretly liked by girls. I'm also very distressed about this, but I can't do anything about it. I can't stop others from looking at me just because I'm handsome, right?"
Li Quanwang: “…”
You can say such shameless words, aren't you afraid of getting beaten?
After a pause, Li Quanwang asked, "Honestly, how much money do you have?"
Not only Zheng Fengting was curious about this question, but Li Quanwang also wanted to find out the truth. After all, the country is now in the lead in economy, and wealth has become the standard for measuring a person's social status.
Lu Yiming shook his head and said, "I don't know."
Li Quanwang obviously didn't believe it. He widened his eyes and said, "How could you not know how much money you have? Are you even lying to me?"
Lu Yiming shook his head slightly, pursed his lips, and smiled: "Why would I lie to you? It is easy to calculate how much money ordinary people have in their pockets and how much they are worth. But for wealthy people with assets exceeding a certain amount, it is often difficult to calculate. Even some top wealthy people, if they want to know how much money they have, they probably have to hire a large team of actuaries to conduct special investigations and statistics to draw a conclusion."
Li Quanwang was stunned. Is this the world of the rich? He originally thought that he had earned 5 million in dividends and was already a rich man. Now he realized that he was still far from being a real rich man .
What is the standard of a rich person? He or she doesn’t even know how much money he or she has?
"Then give me a rough calculation now."
Li Quanwang now wants to know even more how much money Lu Yiming has.
Lu Yiming calculated in his mind and nodded : "Okay, we used a total of about 120 million yuan for short selling, with a leverage of 10 times, and finally made a profit of about 600 million yuan..."
Before he finished speaking, Li Quanwang immediately realized something was wrong: "That's not right. With a tenfold leverage, how come it's only 600 million? 120 million times ten would be 1.2 billion, and then times five, it should be 6 billion..."
Lu Yiming was immediately shocked by Li Quanwang's algorithm.
"Brother, you are really good at math! We are short selling. We raise 120 million to 1.2 billion, and then buy rubles and sell them. When the ruble depreciates by half, we have to buy back the borrowed rubles and return them. Short selling also costs money, okay? We are lucky. We took a ride. Soros and other international hot money helped pave the way and plant trees, but we reaped the benefits. Otherwise, how could we have made five times the profit by short selling normally?"
Li Quanwang seemed to understand what he heard, but he felt it was impressive.
Lu Yiming continued to analyze it for him and said, "Of the 600 million in net profit, according to the previous ratio, I got 500 million, my cousin got 50 million, and you got 5 million. The remaining money was used to repay the cost of purchasing computers for the Internet cafe, the interest for recharge users, and the start-up capital for the development of the Internet cafe."
"Also, I helped Lin Shuyi run the business and made 130 million. The fixed assets from the expansion of the Internet cafe are about 50 million. Including the dividends from my shorting of the ruble, my current assets are about 680 million. If I can make some gains in Hong Kong this time, maybe I can barely squeeze into the billionaire club."
I have to say that this is truly an era full of opportunities. As long as you can grasp key information and make the right decisions, you can become rich overnight even if you come from a grassroots background.
Twenty years later, all walks of life will develop steadily. It will basically be impossible to rise from small beginnings and achieve success overnight like you do now.
Because all industries and opportunities that can make money have basically been monopolized by people, ordinary people can only achieve class transition in their dreams.
Becoming a billionaire instantly, and a billionaire in the late 1990s, is this an exaggeration?
To ordinary people, it is indeed exaggerated.
But in comparison, putting aside the surreal factor of rebirth, what Lu Yiming did is actually nothing.
The actions of some great gods are against common sense and shocking. Even novel websites cannot pass the review. For example, there is a big man who exchanged canned food for airplanes and wanted to blow up the Himalayas. In the end, he was imprisoned, sentenced to death, and was finally acquitted. The life of a person like him is called cheating. Reality is much more magical than novels.
After hearing this, Li Quanwang was shocked at the huge amount of Lu Yiming's assets. In just a few months, his friend who used to save even his lunch money to play video games is now about to become a billionaire?
Li Quanwang couldn't help but ask: "You are so rich now, why do you still want to study?"
Lu Yiming said meaningfully: "Reading is still very important. If you don't master certain knowledge and wisdom, even if you can make money by luck today, you will lose it tomorrow by your ability."
Li Quanwang thought about it, but looked at Lu Yiming with disdain and suspicion: "I think you want to stay in school to pick up girls!"
“…”
I didn't expect that this stupid guy could be so wise for once.
Seeing that Lu Yiming didn't say anything, Li Quanwang was immediately very proud: "See, I guessed right."
The class bell rang, and Lu Yiming slapped Li Quanwang on the back of his head: "You're right, hurry up and go to class."
"A gentleman should talk, not fight. What if you beat me into a fool? But then again, who do you like? I see you and Shi Qingxue hanging out together, and you go to Teacher Zhu's house to date Lin Yuzhen all day long. Today, you were chatting and laughing with Zheng Fengting..."
"Why are you such a gossiper as a man?"
"Everyone has a gossipy heart."
“…”
