Chapter 676: Made a Big Profit This Year_2
This is also the main reason why it absolutely cannot be 100% acquired.
Chen Pingsheng decided to bring her here only after seeing the current quality of short dramas.
As soon as he returned, Xiao Le came looking for him. There's a scenic area in Golden Mountain they want to develop into a tourist spot, with investments no less than 20 billion.
She asked him if he was interested.
The location of this area is quite good, with beautiful scenery, mountains, and water.
Especially the lake passage between the two mountains, it's particularly stunning.
Trying to turn it into a tourist area, to be fair, seems somewhat unrealistic.
The main reason is that the tourism industry right now is fairly average. When people come to Magic City, their first thought is always to go to The Bund.
Who would specifically think of traveling to Golden Mountain?
If you splurge on cliffside boutique accommodations or invest even more to construct six-star luxury hotels mid-mountain, complementing that with certain natural landscape tourist facilities, you might attract some young consumers.
But the return on investment for this would undoubtedly be frighteningly low, probably needing fifty years to break even.
Purely from an investment perspective, this clearly wouldn't be a successful project.
Chen Pingsheng brought his wife there first to take a look and also invited their spoiled brat and Er Piya along.
He still remembers how the spoiled brat used to dream of buying a mountain to build her cultivation retreat.
Already-developed five-star scenic mountain resorts would certainly be impossible to purchase.
But such undeveloped natural resources could indeed be bought, though the investment would be unimaginably high.
You wouldn't be able to develop this area without pouring hundreds of billions into it.
The natural lake scenery between the two mountains is absolutely breathtaking.
Er Piya excitedly wanted to buy it all and build her beloved cultivation retreat halfway up the mountain.
The spoiled brat also thought such a place would be perfect for retiring in comfort.
Chen Pingsheng then brought in a top-tier design team to conduct on-site inspections to figure out how much it would cost to construct several mid-mountain villas infused with hidden wonders.
Additionally, how much the matching facilities would cost.
His plan was to build a world-class luxury mid-mountain hotel, supplemented with a few exclusive rooftop villas.
Calculating the series of investments, it's definitely impossible to pull off without at least hundreds of billions.
It's just that now his wealth can indeed satisfy any ideas the two sisters might have.
Instead of making the area into a barely functional scenic spot, it's better to develop it into a tourist site linked to Tengying Group.
This kind of location is neither in the downtown area nor in any bustling zone, making development extremely challenging.
Anyone can see that pouring money into this would probably yield little return.
The land price, therefore, is very cheap—it's good enough as long as someone's willing to invest.
Of course, securing the land depends on Golden Mountain approving your development plan.
Chen Pingsheng proposed an investment of 38 billion to build a six-star luxury mid-mountain villa here.
It would also include a series of recreational facilities.
These days, having someone willing to invest is the biggest advantage, not to mention that he's planning to pour billions into it.
The plan was quickly approved in Golden Mountain, and Xiao Le, as the intermediary, contributed greatly.
Everything between the two mountains became the best gift he could give to his wife and kids.
The development timeline, from acquiring the land to completion, definitely wouldn't be less than three to five years.
It's expected to be fully developed by 2028. This would also be the first five-star scenic resort he built for his family.
The spoiled brat hasn't even reached the age for a driver's license yet and has already started learning to fly a helicopter.
Chen Pingsheng specifically spent 2.2 billion to order her a pink helicopter.
The money in the family seems endless—an absolute case of spending more just to generate more wealth.
Likewise, he spent 3.6 billion to order Er Piya a super-sized yacht to place in Magic City's harbor.
It was intended as her elementary school graduation gift.
The family already owns three or four super yachts and two or three private jets; the number of houses is even beyond count.
What can he do? Once Tengfei New Energy started making profits, his pressures were significantly reduced.
The future hinges on how Tengfei AI performs.
By late September, Chen Pingsheng developed the fourth edition of Tengying High-end Community for his employees.
This time, the investment exceeded 40 billion, aiming to build 100,000 units at once.
Completely fulfilling housing needs for employees of Tengying Group.
During this period, something major happened—two of Xiangjiang's top tycoons, as well as several major players from Magic City, invited him to join them in researching longevity medical technology.
Whether ancient or modern, at their level, the greatest enemy is always one thing:
The human lifespan.
Xiangjiang Li and many other tycoons have poured a tremendous amount of funds into this medical field, and such research is never disclosed to the public.
The greatest fairness in the world lies in birth, aging, illness, and death. If this fairness is broken, it's hard to imagine what might happen.
But it's clear that such fairness is approaching the day it'll be completely shattered.
If Chen Pingsheng hadn't reached this level, he wouldn't even have access to this sphere—though in truth, he started engaging with it pretty early on.
From what he learned, super-rich individuals extending their lifespans by five, or even ten years, is no longer a major issue.
Who knows what could happen if this develops further.
If he wanted, he could secretly support a few of these top medical projects.
He could even collaborate with other tycoons to share achievements.
Truthfully, he was rather tempted.
Emperors of ancient times researching elixirs of immortality was entirely a hoax, but modern medical science has been advancing for so many years.
Super-rich individuals can completely sustain vitality within their bodies through organ transplants, including regular blood replacement.
With his level of wealth, their hopes for his involvement are entirely understandable.
Chen Pingsheng hasn't made a final decision yet, but he agreed to allocate a portion of funding each year.
Probably around tens of billions.
Such projects won't yield results in just one or two years—they require at least ten, twenty years, or even longer.
Immortality is still out of reach, though extending lifespans poses no problem.
As his business empire expands, many secrets in this world are gradually revealed to him.
Just like these top-rich-led research projects, they are never released to the public.
They are clearly shared secrets among the upper-echelon elites, including treatments for certain cancers—while ordinary people inevitably face death, the rich sometimes stand a chance.
The topics of immortality and lifespan extension remain confined to the inner circles.
Accompanying them are countless moral issues and transgressions.
For example, organ trading.
The more one learns, the more apparent it becomes that future fairness will be even further eroded.
This is deeply intertwined with the boundless development of technology.
He even thought further—Earth's eventual destruction will undoubtedly correlate with immortality.
This is an allure no one can refuse.
Of course, such considerations are far too distant—he certainly won't live to see that day.
Even if such things were successfully developed, they wouldn't be released publicly.
He's merely throwing tens of billions annually to buy a slim chance, mostly because that amount of money is trivial for him now.
He's indeed wealthy to this degree.
As his wealth grows, the benefits provided by his group become more impressive as well.
Not to mention salary increases—every type of surrounding welfare is unimaginably good.
Tengying Group has built countless employee welfare centers in Golden Mountain, including resorts, five-star hotels, hospitals, schools, etc.
Everything is readily available.
He even reached the insanity of planning a 30-billion investment to construct the world's largest ocean cruise liner.
Such a liner is called a "City on the Sea," its size incomprehensibly large.
Compared to regular super yachts, this liner is practically a colossus.
A single ride for an ordinary person would cost at least tens of thousands.
The main reason for this extravagance is that he made so much money this year, he genuinely doesn't know how to spend it.
Having bought 1% of Google for over 70 billion earlier, its valuation has since soared to 1.8 trillion US dollars.
He netted 50 billion in profit, not to mention Microsoft which saw exponential growth this year, but the most shocking rise was NVIDIA.
Not only has its valuation surpassed 1 trillion US dollars, but it has crazily reached 1.6 trillion US dollars.
He owns over 64 billion US dollars' worth of NVIDIA stock alone.
Counting other stocks, he has over 100 billion US dollars.
This doesn't even include his domestic assets; his wealth is to the point where spending solely depends on mood now.
This year's earnings were simply astronomical.
He gambled right—AI industries exploded massively.
At this rate, NVIDIA reaching a valuation of 3 trillion US dollars is entirely plausible.
With this much profit, why wouldn't he build a "City on the Sea" for himself?
Why wouldn't he buy mountains to construct world-class luxury mid-mountain hotels?