Domination in America, Starting from being a Boxing Champion
Chapter 286: Chris Liu’s Phone CallIn addition to convincing Cathy to sell the scattered shares, through the channels of Vanguard Asset Management Company, he acquired a portion of Tesla shares.
Link was also preparing to acquire a share of the original stock from Musk, with the goal of owning no less than 15% of Tesla shares before next year.
Based on Tesla’s market value more than a decade later, 15% is close to one hundred billion US Dollars.
With this shareholding, plus Amazon, Twitter, it would not be a problem to be listed in the "Forbes" global billionaires list in the top ten in the future.
If everything goes smoothly, there is a great chance that he would become a billionaire or even a hundred billionaire in ten years, and by then he would be just about thirty, in the prime of life, and could consider the issue of retirement.
"Link, this is the tax documentation you need to pay this year, take a look."
Just as he was imagining becoming a billionaire at thirty and how to indulge in pleasures, Cathy handed over a stack of tax documents.
This pile of documents was like a bucket of cold water poured on hot stones, sizzling~ not only did it make him steam, but it also almost made him crack.
According to the current federal tax regulations, in the United States, the portion of the highest annual income exceeding 518,840 US Dollars needs to pay 37% in taxes.
For this portion, he would need to pay 37 million US Dollars.According to the tax regulations of states like New York and Los Angeles, for income exceeding 500,000 US Dollars within the state, an additional 7%-13% tax must be paid.
This portion would amount to over 18 million.
Adding both parts together, in the ’09 tax year, he would need to pay 55 million in taxes, almost equivalent to a third of his annual income.
"Why do I have to pay so much?"
Link scratched his forehead and asked.
"Boss, you earn more so you pay more, this is after reasonable tax avoidance. If there were no policies for tax avoidance, you would have to pay over 67.5 million in taxes," Cathy said, blinking her pine-green eyes.
"Alright!"
Link spread his hands, resigning to his bad luck.
Having to pay so much tax every year, he found that becoming a billionaire in America was not an easy feat.
After discussing tax issues, he talked to Cathy about the current situation of tech stocks, such as Facebook financing, the emerging INS software, Internet products from Huaxia, and so on.
He asked Cathy to keep an eye on this information, and if there were appropriate opportunities, to continue making investments; this year, he had more than three boxing matches, over a hundred concerts, three movies, and one to two albums, etc.
The income from these would not be less than 200 million US Dollars. Stay tuned to
According to the current fluctuation rules of the US stock market, the next ten-plus years would be a bull market; investing funds in the stock market was also a secure method of appreciation.
Cathy expressed understanding and mentioned that Amazon’s stock price was still rising, asking if they should continue buying.
Link thought for a moment, ten years later Amazon’s stock would rise to over 2000 US Dollars per share, currently at 336 US Dollars was a low period.
He drew a line for Cathy, saying that they could buy in as long as Amazon’s stock price was below 500 US Dollars, aiming to be an Amazon board member.
After seeing Cathy off, Link was just about to leave when he received a call from Catherine discussing investing in a screenplay.
Catherine had a client once, named Christine Wiig, who resembled Jennifer Aniston and entered the entertainment industry in ’03, becoming a comedy actress, and in ’06 became a regular cast member of "Saturday Night Live," starring in several comedy films, a third-tier actress in the circle.
Last year, she wrote a screenplay and sent it to several film production companies, including Palm Beach Films. After Catherine read the screenplay, she thought it was very good, with a role suitable for Emma Stone, and called Link to ask if he had any plans to invest.
After receiving the screenplay titled "Bridesmaids," a comedy movie about five bridesmaids of different shapes and looks, who encounter various embarrassing and awkward situations while preparing for a friend’s wedding, prompting them to reflect on friendship and life.
A movie that was clearly chasing the trend set by "The Hangover."
Last year’s crude adult comedy "The Hangover," with a budget of 35 million, grossed 460 million at the global box office and became a dark horse in the 2009 American film market, causing many film companies to follow this theme.
"Bridesmaids" was one of them.
After reading the script, Link realized he had seen the movie and remembered some of the scenes.
For example, the female leads trying on wedding dresses at a bridal shop, suddenly getting diarrhea, fighting over the restroom, and the bride squatting on the street in her wedding dress becoming a spray warrior.
It had a strong taste but was very funny.
The movie was also one of the more successful follow-up films, which also sparked a trend of bridesmaid-themed comedy movies in Asia.
Link couldn’t remember how much the movie made at the box office but thought it unlikely to lose money and told Catherine they could invest.
Now Catherine called, saying she wanted to bring screenwriter Christine Wiig to visit him to discuss investment cooperation.
Link said it was okay, gave Catherine the location of the coffee shop, and asked Lillian to prepare two cups of coffee.
Ding-dong!
While reviewing documents, the mobile phone received a message from across the ocean. The sender was Chris Liu, asking what he was doing.
He calculated the time; it was still night on the other side of the ocean.
"You’re not asleep at this time?"
"Shooting night scenes today, got back to the hotel late," Chris Liu replied quickly.
"What movie?"
"A movie adapted from a Huaxia legendary story, about an ancient college student falling in love with a ghost, do you understand?"
Chris Liu asked.
Link smiled slightly, guessing it was "A Chinese Ghost Story."
Visit and read more novel to help us update chapter quickly. Thank you so much!
Use arrow keys (or A / D) to PREV/NEXT chapter