Murdoch won't care too much about Li Mingbao's funds, because he has enough strength to convert his strength into cash. Taking money from Li Mingbao is an additional financing channel for Murdoch. Moreover, it is much easier to make money here than in banks. There is no possibility of replacing Li Mingbao with Murdoch. So Murdoch can care less about Li Mingbao. But John had to care about Li Mingbao. If it weren't for Li Mingbao, in history, John's 20th Century Fox Company would basically be under the News Corporation in the end. John would go from being the boss behind 20th Century Fox Company to A person who owns shares but does not have much decision-making power. Now with the addition of Li Mingbao, John's future has become much brighter. As long as he gets most of the shares in Twentieth Century Fox before News Corporation acquires Twentieth Century Fox, then John will You can go from being a dispensable person to a very important role even within News Corporation. Therefore, it is inevitable that he cares about Li Mingbao. Even if the acquisition is completed in the future, the relationship between John and Li Mingbao will not become indifferent. After all, everyone can see Li Mingbao's growth potential, as long as If there is no problem on Li Mingbao's side, he will reach John's current height sooner or later. If he can reach a tacit understanding with Li Mingbao, then John and Li Mingbao may not be able to have a more important position in News Corporation. To a certain extent, John and Li Mingbao are natural allies. Unless Li Mingbao's industry exceeds John's strength by too much, even when compared with Murdoch, the relationship between this alliance will be worse than imagined. firm. Of course, even if Li Mingbao reaches that point, John will have to treat Li Mingbao as an ally according to the situation. If Li Mingbao's main focus in the future is on the European and American world, then there will be irreconcilable conflicts between him and Li Mingbao. The relationship between allies may not be reliable, but if Li Mingbao's main focus is on the Eastern world, then even if the relationship cannot become what it is now, it will still be much better than an ordinary relationship. At least he doesn't have to worry about being kicked out. When people with the status of Li Mingbao, John and others actually care less about things like capital, they care more about identity. I think back when old Morgan was on Wall Street, the bank he owned was not the largest, and his money was not the largest among bankers. But the direction of the wind on Wall Street is decided by old Morgan, not for any other reason, but because his identity is very important. Other bankers believe in Morgan's judgment. In this way, when Morgan takes action, it is not just his personal responsibility. It will be the collective behavior of the entire Wall Street banking community. Who dares to ignore this force? Li Mingbao's current situation in the East Asian film industry is the same as that of the old Morgan. He would rather not even own a film company in order to have influence, as long as all the film industry bosses in East Asia follow him. Come on, in many cases, Li Mingbao doesn't have to pay any price at all. Just a word can change the industry structure to a certain extent. This is the truly terrifying thing. To be honest, in Li Mingbao's mind, there is actually no difference in the nature of these two groups, whether it is Hollywood or Wall Street. John said that the people on Wall Street are greedy and sinister enough, but in Li Mingbao's view, the people in Hollywood are not much different. Most people are more or less concerned about the money being stolen from people on Wall Street, but people in Hollywood have nothing to fear at all. The funds from Wall Street are definitely being stolen from Hollywood. It's not a minority. The people over there who went bankrupt because of this cannot be counted at all. So John is right to say that the people on Wall Street are hateful, but he did not say that the people in Hollywood are not good people either. In later generations, people on Wall Street were so closely connected to people on Hollywood. Many giants were backed by people from Wall Street. In fact, this had nothing to do with Wall Street bullying Hollywood. From the perspective of individual heroism, this was just There is a realistic version of repaying injustice and taking revenge. The people in Hollywood are not as rich as the people over there, but they are still so greedy. In the end, they were taught a lesson by the people over there. There is no such thing as justice or evil. Even Li Mingbao knows that even though people on Wall Street control many giant companies in Hollywood, in fact, their treatment in Hollywood is still not much better. When they should be cheated, they are still cheated. , even if the person over there is the boss, it's still a scam. When there are benefits, boss is not the boss, which is just a title. Both sides are evil wolves, and there is no telling who is good and who is bad. Of course, John¡¯s reminder is also necessary. At least let Li Mingbao understand that the money he has now seems not enough to buy. In terms of money expenses, it doesn¡¯t matter how much.?It takes some planning. This may be the first key work project of the newly established Li Group. To be honest, Li Mingbao has definitely made a lot of money in the past few years, but the coming and going of that money is somewhat confusing. Hong Kong is a little better. After all, Li Mingbao spends most of his time in Hong Kong, but the finances in Hollywood are somewhat chaotic. While Li Mingbao's wealth has increased rapidly, his finances have also become more chaotic. He is not as good as those companies that have developed over decades. Because step by step, the loopholes that should be made up have basically been made up, so even if it is a leapfrog The impact of development on the industry is not too great, and there are still many people to check for omissions and fill in the gaps. But Li Mingbao's wealth has never been managed in such an effective way. The rapid growth of his wealth is due to him spreading seeds everywhere with a hammer and a stick. But it is also because of such unsystematic investment that he has lost his wealth. There are some difficulties in statistics, because his company was not a group company at all before, and the companies in his hands were basically working independently. In terms of management costs, it is more exaggerated. Although Li Mingbao makes money quickly and has high profit margins, he can cover up such a huge loophole under the influence of victory, but it does not mean that this kind of management method is good. If this kind of management method is good, then why do other successful companies implement more complex group management? Isn't it because group management is technically more complex than decentralized management, but it has substantial improvements in cost and efficiency? Even Li Mingbao himself, when he was investing in mainland China, he found that the existing industries he wanted to invest seemed to be insufficient, so he created the Li Group? Isn't this shortcoming just a big problem in management? If there were no problems with management, why would Li Mingbao make great efforts to create a Li Group? This is definitely not to sound good, but because only after the industry in hand is grouped can we have the most optimized management efficiency. From the day Li Mingbao decided to develop the film and television city project in mainland China, Li Mingbao has actually become a billionaire. As long as his industry is not really put into production and the cost is recovered, then his investments can only be It is a fixed asset. With cash on hand, priority must be given to ensuring the safety of these fixed assets. Does Li Mingbao have billions of dollars in cash now? No, of course not. No matter how Li Mingbao calculated it, the cash on hand was actually not enough to complete the construction of these industries. But fortunately, the profitability of the existing industries in Li Mingbao's hands is considerable, and the industries that are about to be built are also not one-time investments. This will give Li Mingbao enough time to complete the project. own set goals. If the cash flow in Hong Kong is squeezed out, then the capital that Li Mingbao can use is probably close to 500 million US dollars. Even if it is a difference, it will not be much different, at most it will be 10 to 20 million US dollars. gap. For others, the difference between ten million and twenty million US dollars can basically be regarded as the entire net worth, but for Li Mingbao, the difference between ten and twenty million US dollars is really not that big. Even when the money is actually transferred to the mainland, the US$500 million is not even less than US$10 million or US$20 million. Li Mingbao has so much principal, and the interest in the bank is also very high. This gap can be made up in less than two months, and then it will directly become 500 million US dollars, and even leave a little pocket money for Li Mingbao. Therefore, Li Mingbao's first investment in the mainland was definitely more than enough, and there was no financial pressure at all. Just relying on the cash flow from Hong Kong can cover the investment for one or two years. Of course, this depends on the construction situation and progress on the mainland. If the mainland builds Li Mingbao's film and television city at the speed of Shenzhen, it will definitely not be difficult for Li Mingbao to burn through the money quickly. In this world, it is difficult to make money, but it is relatively easy to spend money. As long as you are willing to burn money, spending hundreds of millions of dollars a day is not an exaggeration. If you sign an agreement to buy a villa or an airplane, then Even a consumption of 100 million US dollars is not considered the highest. Fortunately, Li Mingbao doesn't have to worry about these things now. Whether in the United States or in Hong Kong, Li Mingbao owns a villa, and the villas in the United States are not cheap. Even there, Li Mingbao owns a yacht and a private Planes, but these two big toys, take a certain amount of time to get. After all, they are privately customized things, and they are impossible to have in stock. Fortunately, Li Mingbao has been waiting for more than a year. The private jet will be available for delivery at the end of 2084. Compared with airplanes, yachts can be manufactured faster and have been delivered for use. It¡¯s just a big toy. The delivery was delivered, but Li Mingbao himself didn¡¯t have time to play around. Maybe when he goes to the United States, he canGot his first yacht.