Just as Jester expected.:.

The gt academy plan he suddenly threw out before Dream Wave 3 was released did indeed cause extremely heated discussion.

Whether it is the players or the media, they all feel a little crazy about this.

It is indeed this idea. They don’t understand why Mars Entertainment suddenly connects video games with reality so much. Can playing their games become professional racers?

Since you can become a professional racer by playing their racing games, will you have the opportunity to become a professional Rambo in the future if you play their shooting games?

Of course this is just a joke.

However, the players did respond and discuss this and even surpass "GT Racing" itself.

However, with this incident, the popularity of "GT Racing" suddenly soared, and in just a short time, it became the second most popular game in DreamWave 3 after "Hao Hero". Under the strong demands of many media, although Jester was not interviewed, and even when the DreamWave 3 was released, he was not at the company headquarters in Los Angeles.

Instead, he went to his private island he bought in Australia, and the couple went to live a private life with their children.

It is said that it was because he was a little annoyed by various media during the release of DreamWave 3, and it was not just a game media. After all, Jester has just become the chairman of Apple's board of directors. Moreover, judging from his previous large investments, Forbes' previous estimate of his property was probably not very accurate. It is said that Jester's ranking will jump significantly on the new Forbes Global Rich List by the end of this year.

It's very likely to enter the top ten.

Become the second rich man to be within the top ten in recent years after Bill Gates.

But you have to know that there is a fundamental difference. Bill Gates relies on Microsoft's stock price soaring after the release of the visual operating system, but Jester is not. Of course, although Jester also has a portion of Microsoft shares, and now it has almost one-third of Apple's shares, it is not enough for him to become the top ten in Forbes' rich list.

However, Jester's wealth is not just that. He has invested a lot in Japan, South Korea, and Jester.

It is said that the offshore holding company that Jester Holdings, which holds shares with Samsung, is Jester's private property. However, because this holding company is completely private, there is no way to know how many shares Jester has in this company. However, judging from the name of this company, this company has a close relationship with Jester.

In addition, the major shareholder of Traveler Group is also the Jester Holdings.

Now, after the merger with Morgan failed, Traveler Group has not given up on their idea. It is said that Citibank is very interested in this. If Traveler Group and Citi can really complete the merger, then the status of Jester Holdings will naturally rise.

After all, according to the shares of Jester Holdings in Travelers Group, if they can really merge with Citigroup, they can almost equal three percent of the shares of Citibank.

This is a very huge number.

You know, this is Citibank. For a long time, Citibank and the Rockefeller family were symbols of the entire United States.

It is said that Jester Holdings is not just these two investments. They have a large investment range, such as the hottest network technology company now, and they have invested a lot. The most famous one is Yahoo, who is the first investor in funds and some entities. For example, they have also invested in almost 7% of the shares of the two major mines, BHP and Rio Tinto.

It is said that they are also very interested in Vale shares, one of the three major mines.

However, Brazil attaches great importance to this state-controlled company and does not accept any investment in any way.

However, although the current ore industry cannot be called a depression, it is not too prosperous. Therefore, many people only regard this investment from Jester Holdings as a future investment, because although it is difficult to receive enough investment returns in a short period of time to invest in mines, the returns of mining investment will definitely benefit in the future, and it is only a matter of time.

But Jester scoffed at this analysis.

How could these people think that in the near future, the three major mines will play a role in the economic rise of a major country. It seems that it will take twenty years or even thirty years to receive sufficient returns for their investment in the three major mines, but in fact, it only takes ten years to make a fortune.

Although Brazil does not want anyone to invest in Vale, Jester is not worried, because Brazil's economy seems to be prosperous now, but it has already had a deep crisis. In a few years, Brazil's economy will collapse completely. In Jaster's memory, in 1999, Brazil's state-owned enterprises carried out privatization reforms, and Mitsui Group took this opportunity to obtain nearly one-third of Vale's shares and more than half of its shares.

This gives them the right to price iron ore.

You should know that iron ore implements long-term futures contracts, and the pricing of this contract adopts regional pricing. This method is not only to enable mines to obtain sufficiently stable and generous profits, but in fact, it also prevents steel mills in the same region from malicious competition.

Otherwise, the steel mill bought a batch of ore for 100 yuan, and the steel mill used 80 yuan. In this way, the steel mill with 80 yuan could produce more cheap steel of the same quality. In order to sell its own products, the first steel mill could only sell at a lower price and could not recover the investment at all. If this continues, they would have to go bankrupt.

After that, the mines were able to get one order, but not the second one.

That's why this regional pricing is achieved.

The pricing in East Asia is unified, which is determined by the three major mines. Therefore, after each long contract expires, steel mills and mining companies need to negotiate. This kind of bargaining is not qualified for any steel mill.

In fact, in the three East Asian countries, basically only one steel mill in one country has the qualification to bargain. Of course, you can also give up bargaining, but when the bargaining between other steel mills and the three major mines is over, you can only accept this price and have no bargaining power. The reason is very simple. The three major mines are not afraid that you will not buy ore.

Because the maintenance cost of mines is very low, after the mine is developed, the rest is mining. For the mine, the investment is not worth mentioning. If you don’t buy it, then you can just keep it there. The mine is permanent, not only decades of ownership. The price of ore can’t change to a few years ago.

For mines, they can bear such losses because they can definitely make money back in the future.

Therefore, the ore company does not compete for temporary gains and losses.

Because they can afford to wait and waste.

But for steel mills, this is a big trouble. For example, first of all, if you are used to using the ore from this place of origin, suddenly you will change the ore, and the entire production line will have to be rectified. This investment is a big one.

And, most importantly, there is no other country or company in the world. It is qualified to provide enough and high-quality iron ore like the three major mines.

This is why the pricing power lies with the seller, not with the buyer.

The steel mills that South Korea is qualified to bargain with the three major mines are Posco Iron Manufacturing, while the ones that Japan bargained is New Nippon Steel. The ones that are involved in the bargaining in China are Baosteel.

The key here is Nippon Steel. The reason why iron ore can be so high in the future is because Nippon Steel, because Nippon Steel is also the industry of Mitsui Zaiba.

Moreover, increasing the price of iron ore is also what the three major ores mean by themselves, because they know that the rapidly developing country is a giant beast that is crazily swallowing iron ore. Such an opportunity is a once-in-a-lifetime opportunity. If you don’t make a fortune, you are really sorry for the bloodline of your capitalist genes.

Jester also took this eye on it.

In his opinion, although investing in mines is not as huge profits as that brought by technology companies after listing, after the price of iron ore rises, it will take at least thirty years or even fifty years to make a profit, and the yield will be very terrifying.

No one in this world knows this better than Jester.

This is also why Jester was so interested in investment in mines during this period.

As for why Jester doesn't buy a mine and then develop it, it's very simple. It takes about at least ten years to develop a mine from the establishment of a project to the point where it can produce ore. The mine is not something you say you can mine. You need to build a dedicated railway and a dedicated cargo terminal. These require more than one billion investment and at least ten years of construction.

Jester doesn't want to be so troublesome.

For him, he doesn't want to be a mining tycoon. What he wants to do is to use the prosperous time of the mining industry in the future to make a once-in-a-lifetime quick money.

Of course, although Jester really wanted to take over the Vale, for the Mitsui chaebols who have been deploying in major mines since the 1970s, Jester was still far behind. He didn't think he could steal the Vale from Mitsui. In fact, even in 1999, no one could have expected that the mining industry would be so prosperous in the future.

Otherwise, how could it be possible to take more than one-third of Vale's shares in just over 3 billion US dollars?

Jester didn't want to compete with Mitsui in this kind of bayonet. He thought that he was just taking advantage of the fisherman. Seeing others killing others, it would be great to drink soup and eat some meat on the side.

Of course, this is only part of Jester's investment over the years. After the growth of Jester Holdings over the past decade, its scale is actually far more than that. It can be said that it has gradually developed into a behemoth. In many financial publications, people often compare Jester Holdings with Temasek Holdings, which was established by Singapore's state-invested states.

You should know that Temasek is called a capital monster, and its total capital value is equivalent to 10% of the entire Singapore GDP!

This shows the strength of Jester Holdings Group.

Of course, Temasek controls the lifeblood of a sovereign country's financial business method patent strategy research, and after decades of accumulation, its foundation is far from comparable to Jester, a holding company that has only been ten years old.

Back to the topic, it’s still about GT Academy.

Although the reporter could not interview Jester, Yamauchi Ichinomi had no place to go. Although Yamauchi Ichinomi was in Japan, the Japanese media industry was also developed, and the major American media all had offices in Japan. Moreover, as a game media, in this era, it was a bit unprofessional without Japanese sites.

Because Jester had said before that the "GT Academy" was a decision he made after discussing with Ichinori Yamauchi, and the Japanese automobile manufacturer was also connected with Ichinori Yamauchi.

Moreover, some Japanese auto manufacturers are also very interested in the GT academy program of Mars Entertainment. However, European and American manufacturers did not go well. Jester personally took action and found a lot of contacts, but he only talked about General Motors in the United States. Moreover, American automobiles were not very prosperous during this period, and General Motors did not have any professional fleet.

Basically, the top fleets are all in the old automobile factories in Europe.

Japanese people are considered minors.

However, if the old European factories don’t give Jester face, Jester has no choice, but fortunately, the Japanese car manufacturers still give them very much face. Otherwise, the GT Academy plan would not be possible.

Yamauchi Ichinomi is not as big as Jester. He cannot ignore it in the face of so many media blockades, so he still leaked a lot of information about GT Academy.

However, from the status of the interview, Yamauchi Ichinobu was not too disgusted with this kind of interview.

"To be honest, my dream is to become a professional racer, but I also know that I am OK in some low-level events, but I have no chance to participate in real professional events. However, in my opinion, this matter is still important, and I have decided to participate in the Qatar Rally next year..."

Yamauchi Ichinori first casually mentioned his own ideas and plans, but the reporters were not interested in these.

He himself knows this, so he just clicks on it.

Then he continued to talk about GT College: "Mr. Li has said a lot about GT College this time, and I don't have much to say, but I can reveal a little, such as the selection mechanism of GT College..."

When Yamauchi Ichinobu talked about this, the reporters present suddenly lit up.
Chapter completed!