Reaching the age of thirty, my income randomly doubled-Chapter 831 - 635 Overseas Investment
The spoiled brat stayed home during the holidays, didn’t go anywhere, just fooled around with livestreaming and played the erhu.
At the same time, she started teaching Er Piya how to properly be a competent little sister.
Poor Er Piya—it was brutal. Her elder sister forced her to act as a livestream backdrop for three whole days.
Day after day passed by idly, and soon it was late September.
The three little ones have been back at school for nearly a month already, and some messages popped up in the old Executive MBA group.
The general idea was to invite Chen Pingsheng to a reunion. Among those executives we used to know, the ones still keeping up appearances are very few and far between nowadays.
Take Wang Yanfeng, for instance—once a famous trust-fund kid and "national son-in-law."
After rounds and rounds of investments, he’s now a laughingstock in the wealthy circles.
Add to that his carefree, unrestrained lifestyle and habit of chasing after internet influencers, anyone with a family status or conditions remotely close to Chen Pingsheng’s wouldn’t give him the time of day.
Even his father hasn’t been having a good time these past few years, having to sell off assets left and right.
Now, this "young master" is all show with no substance. On the internet, he might still be called "national hubby" by women earning a few thousand yuan a month.
But in the wealthy circles, hardly anyone takes him seriously.
As for the other members of the Executive MBA program—Tong Zelan, Shen Nanpeng, and others from the top tier of domestic investors—they’ve mainly been living abroad for years.
They rarely return to China.
It’s been seven years since the graduation from the Executive MBA program, and since Chen Pingsheng agreed to attend, the reunion will still be held in Xiangjiang.
It’s indeed rare for everyone to gather under one roof.
So many years have gone by since the Executive MBA program, and if you were to talk about everyone’s recent situations, you could only say there’s been a mix of good and bad.
Liu Hai, the once-glamorous real estate tycoon, now finds himself overwhelmed on all sides; Old Yang, the former king of luxury hotels, no longer enjoys their past glory.
On the other hand, He Bijing, who had always shared a close relationship with him, is getting by relatively okay.
The main reason He Bijing is doing alright is that he didn’t blindly invest; he’s stuck to his pig farming business.
Meanwhile, his longtime business partner, Hu Ding, the "gaming king," is also doing fairly well.
Looking at the lives of these individuals, one can easily spot a pattern: those who’ve stayed true to their core industry without excessive expansions are still doing alright.
Meanwhile, those who’ve scattered their investments far and wide are now in much tougher situations.
As for Wang Yanfeng, even when he sees Chen Pingsheng, he has to greet him respectfully as "Uncle Chen."
His dad could at best consider himself peers with Chen Pingsheng; Wang Yanfeng himself doesn’t even come close.
This reunion’s hierarchy is plenty clear—its centerpiece is none other than Chen Pingsheng. As for the venue, it’s still set at the Peninsula Hotel in Xiangjiang.
"Old Chen, we’ve been out of school for seven years, and now that we’re reunited, you’re at the peak!"
"Peak? Hardly. I’d just say I’m doing decently well."
"Haha," said pig farmer He Bijing with a hearty laugh. "I’m not surprised you’ve managed such a huge enterprise—the thing that really gets me is that you’ve even raised more pigs than I, the professional pig farmer, could manage. That’s something I genuinely admire!"
"Speaking of pig farming, if it weren’t for your help, I wouldn’t have gotten to where I am today."
"Oh, come on! I’ve been keeping tabs on your Tengnong Breeding. In the agricultural and livestock industry, there’s not another player in the country anywhere near your scale—not by a mile."
He Bijing said, "In this area, I reckon you’ve invested at least three to four billion yuan, haven’t you?"
Liu Hai looked a bit stunned. Everyone knows Chen Pingsheng is doing exceptionally well these days—it’s no exaggeration to call him one of the top-tier entrepreneurs in China.
But nobody expected him to invest so much in agriculture.
"More or less. Over the years, bit by bit, the total investment has indeed added up to that amount."
"Respect…"
With a soft chuckle, Tong Zelan remarked, "Oh, that’s nothing! You all probably don’t realize—Old Chen has made over 30 billion USD on Tesla stock alone. He’s also a major shareholder of NVIDIA."
What’s there to hide, anyway? Everyone present already knew the position Chen Pingsheng holds today.
Just go to Golden Mountain in Magic City and take a look. Tengying Group isn’t just a private enterprise anymore—it’s practically its own city. Plus, he has R&D centers in all major cities nationwide.
His standing in the business world is utterly unshakable.
"Haha, Old Chen even managed to take his football investments to the top global ranks. Is there anything he can’t accomplish?"
"That’s pure exaggeration."
Chen Pingsheng replied, "When it comes to domestic football, I don’t have the ability to turn it around. All I’ve done is invest a little in some foreign football clubs. We haven’t gathered in years; let’s not talk only about me—why don’t we discuss how you’ve all been doing instead?"
"What can I say? I’m just a pig farmer—becoming super wealthy isn’t in the cards for me, but staying grounded as a pig farming tycoon is no problem."
"Your situation remains decent; mine, however, is pretty bleak," sighed Old Yang, who works in the hotel industry. "The hotel sector is truly in a downturn. In the past, we could lean on some gray-area businesses to stay afloat, but now those are becoming harder and harder to rely on. If any of you want my few five-star hotels, just make me an offer—I really can’t hold on anymore."
He wasn’t exaggerating—the hotel industry is becoming increasingly challenging.
Old Yang’s three five-star hotels—two in Hangzhou and one in Magic City—
plus the enormous resort he invested in years ago, are all posting astronomical yearly losses.
As for why they’re losing money, the reasons couldn’t be clearer.
The pandemic’s blow to the hotel and tourism industries has been downright unimaginable.
As he spoke, Old Yang kept sneaking glances at Chen Pingsheng. The only one capable of bailing him out at this point was Tengying Group.
As for Liu Hai in real estate, he didn’t even need to say anything—he just gave a wry smile and remarked, "The state of the real estate sector right now… you all know what it’s like. It’s harder than ascending to the heavens."