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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 ringing opening ceremony on Nasdaq. The trading code is "btc", the issue price per share is US$47, the opening price is US$54.02, 120 million shares were sold, the financing amount was as high as US$5.6 billion, and the valuation of IPO was US$51.7 billion, which is twice that of Google, creating the largest IPO action in history.

After the opening trading, the numbers rose wildly.

$54.56…

$54.81…

$55.27…

As soon as the opening trading started, countless eyes were staring at the changes in the stock price of "btc", and the curve of strengthening along the way made every investor's heart beat faster.

That's right, now is the 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 investors crazy.

In 2003, the US stock market reached an undervalued value, and that year happened to be the founding of Bluestar Technology.

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

If Google's iPo stimulated the stock market that had been sluggish 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!

Billions of funds flowed into the stock market crazily, with only one purpose of these funds, crazy trading of "btc" stocks.

One hour after it is launched.

Bluestar Technology's share rose to $56.92, without seeing any slowdown, which means that the total market value of Bluestar Technology Group has reached $62.612 billion.

The trading volume of this stock reached 283 million shares on the first day, and the closing price on the day was set at US$62.53 per share, which rose by more than 32% on the first day of listing, and the total market value of the group company also reached US$68.783 billion.

This also made Bluestar Technology Group join the ranks of the top ten listed companies of it Internet technology companies on its first day of listing.

Currently, Microsoft is the world's number one among listed technology companies, with a total market value of US$279 billion and a third largest global market value. In 2006, the world's number one listed company was ExxonMobil, with a current market value of US$372.6 billion.

Bluestar Technology Group is still early in the world's total ranking among all listed companies in the world. Toyota, currently ranked tenth, has a market value of US$118 billion.

But then again, those listed companies that are far ahead of Blue Star Technology are giants with a history of decades or even hundreds of years. Blue Star Technology has only been established for three years and has a market value of more than US$50 billion, which is an incredible legend.

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

Basically every executive who obtained the share issuance sold a small part of his stock to cash out on the day of listing, about ¥10 million yuan.

All the initial team members of Blue Star Technology have a net worth of over 100 million, and the currency unit is US dollars.

Irene currently holds 0.33% of BTC shares, with a net asset of approximately US$270 million. At the current exchange rate, i.e. ¥2.168 billion, Irene has not cashed out a penny.

Feng Yi, Bai Lang, Su Yali and Lu Siming all hold 0.31%, and their personal net assets are currently 213 million US dollars, equivalent to RMB 1.7 billion.

It is worth mentioning that Bai Lang and Lu Siming are now formal employees of Costa 1, but they were also assigned to Blue Star Technology's option stock early and belonged to the initial team members, so this time not only came, but also participated in the bell ringing ceremony.

The value of eleven Blue Star Technology executives, including Yu Jun, Li Mingyuan, Zhang Bowen, Chad Hurley, Chen Shijun and George Charles, all exceeded US$100 million.

The highest is Erin, who has a net worth of $270 million, and the lowest is Chad Hurley, who holds shares of Blue Star Technology currently worth $105 million.

Except for Erin who did not sell out one share and cashed out, all ten other people sold out part of their shares. The one who cashed out the most was George Charles, reaching $12 million.

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

Qin Weimu now holds 1.3% of the BTC shares. Although she has resigned, she has allocated a certain proportion of shares from the option pool reservation according to her contribution during her tenure. Currently, the total value of her shares is about US$894 million, equivalent to RMB 7.178 billion.

But before joining Blue Star Technology, her net worth had accumulated more than 40 million yuan, so her current personal net worth is 7.218 billion yuan. This time, IPO Qin Weimu did not sell 1 share.

She has long been financially free and has no place to continue to use money. There is no reason to sell Blue Star Technology's stock to cash out. As a lawyer, who also has high financial attainments, Qin Weimu is also extremely optimistic about Blue Star Technology's stock price from the perspective of personal investment. Naturally, she will not sell and cash out.

As one of the two co-founders of Blue Star Technology Group, Xu Yong, according to Luo Sheng’s previous promise, 3% of the company’s option pool reserved for the company after ipo belongs to him.

Bluestar Technology's shares are Xu Yong's largest asset allocation, which instantly caused his personal net assets to soar to US$2.063 billion, equivalent to RMB 16.5 billion.

Bluestar Technology Group successfully launched IPO, creating 15 billionaires, 42 millionaires, and more than 377 millionaires on the same day.

Among the 15 members of the Billionaire Club, Xu Yong entered the Billionaire Club with US$2.063 billion, while Luo Sheng was a Billionaire Club with US$10 billion.

As the core creator and absolute soul of Blue Star Technology Group, Luo Sheng's equity was diluted from the first road of financing at the beginning of the company's establishment, and also transferred an equity in the middle to cash out to establish the Costa del Blue Company. After today's iPo, his personal equity in Blue Star Technology Group still reached an astonishing 33.15%. Such a high proportion is due to his cautious financing.

Generally speaking, after a listed company, after a crazy financing scale like Luo Sheng, the founder's equity holdings are mostly around 15%, and most of them are around 10%.

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

However, his net assets were affected by the "drag" of the Costa delle of the Blue Coast. The company currently has no profit. Not only is it in a state of continuous huge losses, but it has also borrowed large loans from the bank, which has put Luo Sheng in debt of more than US$1.2 billion, so his current personal net assets are US$21.6 billion (¥173.4 billion).

In 2006, the terrifying net worth of more than US$20 billion made Luo Sheng easily among the top ten richest individuals in the world. After Blue Star Technology Group successfully launched the IPO list, the world's rich list also changed.

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

The second is the stock god Bafite, with a net worth of US$42 billion;

The third Mexican telecom giant Carlos Slim Elou has a net worth of $30 billion;

The fourth is Ingva Kamprad from Sweden, with a net worth of US$28 billion;

The fifth is Laksh Mimithal from India, with a net worth of US$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. Blue Star Technology Group has been successful. His personal net worth of US$21.6 billion was directly parachuted from outside the 500th place last year to 7th place.

The eighth is France's richest man Bernard Arnault, with a net worth of US$21.5 billion;

The ninth is the prince of the big dog family from Sat, with a net worth of US$20 billion;

The tenth is Kenneth Toms from Canada, with a net worth of US$19.6 billion.

Luo Sheng has created too many or broken a series of wealth myth records. He is the first Chinese to enter the top 100 rich list of the world and the first Chinese to enter the top ten of the world rich list.

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

The richest man in China and the richest man in Asia officially changed hands today.

...

Sogou
Chapter completed!
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