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Chapter 202 Sudden Wealth: $7.2 Million!!

Currently reading: Chapter 202 Sudden Wealth, $720 Million!!, latest chapters available here.

Just as Chen Jingyuan had expected, there were indeed claims online about a shady deal involving Tian Xiwei.

However, many fans have begun to argue that Oda's rise to fame last year and winning a newcomer award is nothing special.

At least they are passable; there are really few students whose grades are better than Xiaotian's.

There was a bit of a commotion, but not much, and it even slightly helped Tian Xiwei's reputation.

After Chen Jingyuan checked, he found there was nothing wrong and asked someone to guide public opinion slightly.

The storm has basically subsided!

After the Tencent Video All Star Awards, Chen Jingyuan took a two-week leave of absence.

Many things regarding Tencent Penguin Pictures have already been arranged in advance.

Or perhaps Chen Jingyuan had planned this all along, and Tencent quickly completed the approval process.

After requesting leave, Chen Jingyuan went directly from Yanjing to Hong Kong Island!

"The next period will be the time with the highest price volatility for Bitcoin."

"At its peak, the price exceeded $20,000, but it can be sold for as little as $14,000."

Chen Jingyuan murmured softly, after all, he had to consider the impact of the market crash.

Assuming an average selling price of $14,000, this represents a 70-fold increase compared to when Chen Jingyuan initially purchased the shares.

Ten million dollars turned into 7 million dollars!

It might be better than the expected $6 million, but the butterfly effect needs to be considered.

Chen Jingyuan might sell at a slightly earlier price; no one knows whether Bitcoin can reach 20,000 with his involvement.

For the next two weeks, Chen Jingyuan kept a close eye on the price of Bitcoin.

They started selling continuously, but only a small portion at a time as a trial.

As expected, his involvement significantly impacted the price of Bitcoin.

At its peak, the price was only $18,000.

This is quite a difference compared to the original timeline of $20,000.

"really!"

This result was not unexpected; if he had foolishly waited for $20,000, he would never have been able to sell it.

Two weeks later, Chen Jingyuan had already sold off the ten million US dollars worth of Bitcoin he had bought in 15.

$7.2 billion!

The cold, hard numbers on the books represent that Chen Jingyuan has achieved initial financial freedom.

This is much better than the expected bottom line of $6 million; it is currently converted into approximately 47.5 billion Chinese yuan.

The key issue is that this is cash flow, but very few people can come up with it.

However, Chen Jingyuan had no intention of exchanging the US dollars for Chinese yuan.

It's more convenient to buy private jets or other items with US dollars.

You can exchange your currency for Huaxia coins anytime!

Compared to this matter, Chen Jingyuan was more concerned about how to spend the money.

As of now, it seems he has nowhere to spend money.

"Or should we buy another house in Yanjing?!"

This thought inevitably popped into Chen Jingyuan's mind.

The problem is that he only stayed in Yanjing for a few days, so buying a house is honestly a waste.

Especially if you're buying a house in Yanjing, you need to consider a good location.

Otherwise, in two years, it might become a burden on your own hands.

After thinking it over, Chen Jingyuan rejected the idea.

There's no need to buy a car; Chen Jingyuan doesn't even drive himself anymore.

Buying a private jet is an option, even though it's a bit wasteful, but it's something you can do if you have the money.

A medium-sized private jet costs around $3000.

The annual maintenance cost may be around $100 million.

It's still an investment that Chen Jingyuan can afford!

I'll discuss the details with my mom and Chen Keke after we get back to Shanghai.

Buying a private jet would be too high-profile!

The problem is that once Ningwang Times goes public, Chen Jingyuan won't be allowed to keep a low profile even if he wants to.

As a major individual shareholder, he will definitely be investigated by reporters and the media.

Purchasing a medium-sized private jet is not a problem for Chen Jingyuan.

It makes travel much more convenient in all aspects, and even companies can use it.

In addition, Chen Jingyuan plans to set aside 100 million US dollars to buy Bitcoin when its price drops.

According to his recollection, Bitcoin would drop to around $3000.

Before its rebirth, a single Bitcoin reached a peak price of $12, a difference of 40 times.

The main reason for investing only $100 million is that Chen Jingyuan still has many concerns about Bitcoin.

Now that he is financially independent, there is no need for him to risk all his money.

A hundred million dollars multiplied 40 times is more than enough, and it only takes a few years.

With the remaining funds, Chen Jingyuan considered investing in gold, since he knew the future trend of gold in the next few years.

Gold is currently only 270 yuan per gram, so it's easy to multiply that price several times over.

Moreover, gold can hold a relatively large amount of capital; buying a few hundred million dollars is just a drop in the ocean.

After suddenly becoming rich, Chen Jingyuan didn't seem to be too emotionally affected.

The main thing is that he really wasn't short of money before!

Back in Shanghai, Chen Jingyuan handled Tencent Pictures' affairs as usual.

Before we knew it, it was already late December. After all, the Star Awards were on December 3rd and had been in Hong Kong Island for another half a month.

"Mr. Chen, you seem very happy?!"

"Recently, General Manager Chen has been delivering a lot of takeout to the company, all of which he paid for out of his own pocket."

"Mr. Chen was already quite generous, and now he's even more so."

...

However, the staff at Tencent Pictures still subtly sensed the changes in Chen Jingyuan.

Unfortunately, none of the Tencent Pictures employees dared to ask these questions.

On the contrary, I hope Chen Jingyuan will be happier!

It's always more enjoyable to get something for free, even if Tencent Video employees have decent salaries and bonuses.

Waterfront Mansion

Chen Jingyuan and his mother Liu Yulan were talking, mainly about the New Year's Day dinner.

With the arrival of the new year, my mom plans to have a family dinner on New Year's Day.

The main reason is that filming for "Better Days" is scheduled to begin after New Year's Day!

As for Chen Jingyuan, he will need to go to Yanjing after New Year's Day to rehearse with many senior executives of Tencent.

The annual meeting will be held on January 10th, which is less than 20 days away.

"Mom, Dilraba's place is available."

"But we only have one day left to film."

"There are absolutely no problems with having dinner together."

"We can also invite Chen Keke's roommates and Wang Churan from before to come as well."

"It's more lively with more people, but it's not so easy to have a family gathering during the Lunar New Year."

.....

Chen Jingyuan and Liu Yulan kept exchanging ideas!

After discussing it, Liu Yulan and Chen Jingyuan began to notify people.

Shanghai Theatre Academy

Faced with Chen Keke's invitation, Tian Xiwei didn't need to say much, and her other two roommates agreed without hesitation.

They had previously auditioned for the drama "Joy of Life" and had already been basically cast as supporting characters.

The filming of "Joy of Life" will begin at the end of January, which will be enough time for Sun Yiran and her partner to finish their final exams.

They had been thinking of thanking President Chen in person because of this, but they didn't expect the opportunity to come so soon.

As for Wang Churan being invited, it wasn't surprising; Mom still really enjoys lively gatherings.

Tian Xiwei relayed this information to Wang Churan!

"Senior, I'm going!"

Wang Churan answered immediately.

She hadn't expected to be invited to a family dinner. Could it be Chen Jingyuan's idea?!

It seems that my chatting and communicating during this period has been quite effective.

Although they may not be able to participate in "Joy of Life", at least they can get closer to each other.

After thinking it over, Wang Churan immediately sent Chen Jingyuan a thank-you message.

You're thanking the wrong person; it was my mom who suggested you join the dinner.

My mom likes having lots of people around, so she thought she'd invite you too.

...

However, Chen Jingyuan's words were still somewhat cold!

This instantly diminished the joy on Wang Churan's face, and in the end, she could only console herself that at least she could participate.

I wonder how many people want to participate in the gathering but don't have the chance.

Being near the water tower gives you an advantage!

Wang Churan couldn't help feeling a little helpless; after a month of getting to know Chen Jingyuan, he was clearly a high-level player.

None of the methods seem to work. Does she really have to throw herself at him?!

Even Wang Churan's face showed hesitation.

Who can guarantee that President Chen won't give up on her? The entertainment industry is constantly changing with the new generation.

Although she is quite confident in her appearance, no one can guarantee that the next person will be even more beautiful.

Wang Churan wanted to put her heart into it, but Chen Jingyuan didn't give her any chance at all.