Bishop of the Devil

Chapter 168 Soros and Blizzard (Dragon Alliance title 20)

About half an hour later, Golden Dragon took a form and handed it to Richard.

"Coach Li, if you don't avoid taxes, you will have to pay about 8.76 million in taxes, including federal taxes, state taxes, consumption taxes and other miscellaneous taxes..."

Richard was stunned. Good guy, you have to pay a tax of less than 10 million US dollars? !

Why don't you grab it...

They say the air in America is sweet, right? How can this damn thing be so sweet? It’s so deceiving...

"How to avoid tax, man, you have to help me figure this out." Richard patted Golden Dragon on the shoulder and said.

"Charitable tax avoidance, overseas account tax avoidance, gift tax avoidance, all taken together, it can save you about four million US dollars in taxes!"

"So, I still have to pay nearly five million US dollars in taxes?!" Richard went crazy. He felt like he had been robbed by the Americans...

The golden dragon nodded.

"Well, I have to continue to trouble you with this matter. This time I have made you tired. I will give you a red envelope later!" Richard said with a wry smile.

Tax avoidance requires experienced people like Huang Jinlong to operate, and Richard knows nothing about this aspect.

As for giving red envelopes, it is generally a decent way of saying labor fees. Everyone is of Chinese descent, so they must understand the meaning.

Under the guidance of Golden Dragon, Richard donated 300,000 US dollars to Purdue University to improve the facilities of the school's arena. This can be regarded as charity...

You can get some tax-free credits by engaging in charity.

There were other tax avoidance methods, and Richard used them all under the guidance of Golden Dragon.

A week later, Richard paid 4.73 million in taxes. Basically, the accounts between him and Lao America in 1996 were settled...

This matter made Richard very painful. Originally, he felt that he had been relying on writing books and coaching wages. Maybe in ten years, he would be able to save hundreds of millions, and by then he might invest in a small football team. City team and experience what it’s like to be the boss.

Just like Jordan, after he retired for the second time, he invested in the Washington Wizards, which is now the Washington Bullets. Later, because the Wizards' record was so rubbish, he, the small boss, had to end it himself...

The NBA has regulations that players cannot be shareholders of the team, so Jordan sold his shares in the Wizards before leaving the game.

And Richard is not a player. Even if he becomes the small owner of a certain team in the future, he can continue to coach the team.

Even if you are not a head coach, being a general manager or president of basketball affairs is still a very good thing.

This is Richard's wonderful plan...

But due to tax issues, Richard felt that his plan might be shattered because he didn't have enough money...

Since you want to be the boss and buy a stake in the team, you must have a 30% stake no matter what, otherwise, what's the point of doing it.

But ten years from now, the market value of NBA teams will be frighteningly high. With Richard's current rate of making money, I'm afraid he won't be able to keep up with the rate of increase in the team's market value.

"Man, which fund company are you working for now?" Richard asked with a smile.

The only solution now is to work hard to make money and increase the speed of making money...

"Peterman Fund Company, our company had a 26% return rate last year. Coach Li, are you interested in handing over your funds to our company for management?" Huang Jinlong said with a smile.

The fact that he came to help Richard this time was not for red envelopes or labor fees...

The real purpose is actually to attract customers. The position of fund manager is essentially a salesperson who needs to attract customers.

After learning about Richard's net worth, Golden Dragon was even more moved.

Richard smiled and nodded, "Don't tell me yet, I'm really interested."

"But I'm not very interested in your Peterman Company. The fund company I'm more interested in is Soros!"

"Man, why don't you go work for Soros? If you went to Soros, I would leave the money to you."

The golden dragon was startled, Soros? I think so too, but Soros belongs to a top fund company. For a new intern like him, Soros doesn't want...

Thinking of this, the golden dragon suddenly realized something.

"Coach Li, are you telling the truth? If you are willing to hand over the funds to me, I think it won't be difficult for me to join Soros!"

"Okay, I think 10 million yuan is enough for you to enter Soros?" Richard asked with a smile.

The golden dragon's face was full of excitement, that's enough! That's enough!

With a capital of 10 million, I can definitely enter Soros easily, and join directly as a formal employee.

Soros Fund Management Company is definitely a financial giant. Even an otaku like Richard in his previous life has heard of its name!

The founder, George Soros, is a real financial tycoon. He is not involved in industry at all, but is engaged in finance.

In the past few years, he successfully attacked the pound and was called "the man who defeated the Bank of England."

And in 1997, that is, this year, he single-handedly triggered the economic crisis in Southeast Asia, shorting the Hong Kong dollar and the Thai baht...

Then in 2012, he shorted the yen again!

This is a real financial giant, and the level they are playing at is no longer a small game in the stock market, but an operation at the national economic level...

Richard's current idea is to tie himself to the Soros Fund. Anyway, by following Soros, you will definitely make a lot of money.

Moreover, it is now the early stage of Soros's harvest in Southeast Asia. It is most appropriate for him to enter at this time.

Richard does not understand these finances, but he has a God's perspective and knows who can make money...

There is a saying that "if you stand on the wind outlet, a pig can fly." Richard knows where the wind outlet is. He can get to the wind outlet early and wait for the wind to blow...

After paying taxes, Richard probably still has more than 35 million US dollars left. In fact, it is a wiser choice to hand all this money to Soros.

But Richard also doesn’t know how high a rate of return Soros can get for himself in this wave of shorting the Southeast Asian economy.

To be on the safe side, he just bet 10 million chips!

With the remaining more than 20 million US dollars, he has other plans...

Blizzard!

Blizzard Entertainment will develop an online server for "Battle.net" in 1997.

Any otaku must be familiar with Blizzard, and they know very well the potential of this company in the future, and it is definitely a super potential stock.

Especially the birth of Battle.net in 1997 caused Blizzard's market value to soar!

Speaking of which, it is actually a bit late to invest in Blizzard now. 1994 was the period of rapid development of Blizzard, and that was the best time to invest.

But in 1994, Richard was so poor that he couldn't find money to invest in Blizzard.

But even if he missed 1994, Richard would definitely make a lot of money if he started investing directly in 1997.

Of course, the investment mentioned here does not mean buying Blizzard's stock. After all, Blizzard is not listed. However, in 1994, Blizzard had already acquired part of its shares by Davidson \u0026 Associates, a well-known American publishing company. Richard did You can start here.

Signed two contracts with Golden Dragon.

The first contract is that after Golden Dragon joins Soros, it will receive a total capital investment of 10 million US dollars from Richard, which is enough for Golden Dragon to easily win the favor of Soros...

After all, even a fund manager who has been in the industry for many years may not be able to attract clients worth 10 million US dollars in one year.

The second contract authorized Golden Dragon to use the $25 million to find a way to acquire part of the Blizzard equity held by Davidson \u0026 Associates.

Of course, this equity belongs to Richard...

The golden dragon was stunned by Richard's generosity. Is this a last-ditch battle? !

Invest all your assets? !

This is simply the work of a madman. What if both investments lose money...

Huang Jinlong originally wanted to persuade Richard, but since he was not Richard's financial advisor, he really couldn't say anything about this kind of thing.

If he was persuaded, both of Richard's investments would skyrocket, and then the Golden Dragon would be a sinner.

In the blink of an eye, he invested all his income in the past three years, and Richard breathed a sigh of relief.

No matter what, these two investments are definitely profitable...

As for how much he can earn, financial idiot Richard actually has no idea at all.

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