in2ebook Chapter 299 The Asset List of Fertitta's Top Debt!
Chapter 299 The Asset List of Fertitta's Top Debt!
Seeing Wang Xiucheng so happy, Ma Xiaoxuan tried to calm him down.
"Although you are theoretically a foreigner, everyone in the United States knows that you are an NBA player and pay taxes like other Americans. So, it is unlikely that the tax authorities will agree to pay only 30% of the $42 billion, and ordinary Americans would also not agree to it if they knew."
"But that's the good thing about the US. Everything is negotiable. It's best if no one comes looking for you. If the tax authorities do come, you can negotiate with them. I estimate that you can end up paying 32%-35%, which should be about right."
"When Fertitta said he withheld and paid taxes on behalf of others, he was probably calculating it at 30% as well."
35% is fine too!
Wang Xiucheng was very happy, so he grabbed Ma Xiaoxuan's hand and said, "Sister Xuan, thank you for your help. How much money we can keep is up to you."
Ma Xiaoxuan, whose hand was grabbed, was stunned for a moment before shaking off Wang Xiucheng's hand. "This is my job. After all, I make money off you."
As Wang Xiucheng's agent and private lawyer, Ma Xiaoxuan naturally needed to offer him advice.
Wang Xiucheng chuckled, "What do you mean 'yours' and 'mine'? We're all family."
“Yes, yes, we’re family.” Ma Wei on the other side immediately chimed in.
In less than an hour, Wang Xiucheng and his group returned to the top floor apartment of the Four Seasons Hotel.
Even though it was late at night, there were still many reporters and people holding mobile phones in front of the Four Seasons Hotel.
I don't know where I got the information, but many people know that Wang Xiucheng will return to New York tonight.
So I've been waiting here ever since.
As always, they entered through the back door, put their luggage away, and then went to the restaurant for a quick late-night snack before heading to Ma Xiaoxuan's room.
"Look at the asset list sent by Fertitta. The assets have been neatly organized into different categories."
Upon entering the house, Ma Xiaoxuan brought out a thick stack of documents from her room.
Wang Xiucheng's eyes lit up, and he immediately sat down on the sofa.
These materials were bound together by Ma Xiaoxuan according to different categories.
Wang Xiucheng picked up the top one and opened it.
This document is entirely about real estate.
From New York to Los Angeles to Houston, Las Vegas, and even foreign real estate, especially in Italy.
Wang Xiucheng even saw several islands on the last few pages.
These properties include office buildings and apartments, and their prices are all listed, ranging from several million to tens of millions.
Wang Xiucheng paused to look at the information on one of the buildings.
This is the Steinway Tower, located on 57th Street and facing Central Park in New York City. It is known as the "world's thinnest building".
Fertitta has two properties here, one on the 76th floor and the other on the 33rd floor.
The 605-square-meter duplex on the 76th floor is priced at 5000 million.
The 33-story, 417-square-meter building only costs 1600 million.
Ma Wei squatted behind the sofa, his head sticking out, drool almost dripping from his mouth.
Ma Xiaoxuan, sitting next to him, reminded him, "Just take a look at the price. If Fertitta wants to use these things to pay off his debts, it can't be calculated at the market price. It should be at least 20-30% off, or even lower."
Wang Xiucheng nodded. Fertitta paid out 4.22 billion, and according to the law, there is a strict time limit for payment.
Although he requested an extension, Ma Xiaoxuan only gave him one month.
It would be absolutely impossible for him to sell these buildings at the current price in a short period of time.
The only way to sell quickly is to lower the price.
But if the price is lowered, it would be more cost-effective and easier to simply give the money to Wang Xiucheng as a discount.
Further on, Wang Xiucheng saw that Fertitta also had a manor-like villa in Beverly Hills, Los Angeles.
"9000?"
Wang Xiucheng was stunned when he saw the prices marked on the data.
Fertitta really dares to set a price!
"Is he stupid, or do I think he's stupid?"
After reviewing the real estate information, Wang Xiucheng picked up another document to look at.
"These are shares?"
The first page of this document shows Fertitta's $1.5 million stake in Nvidia.
This price is based on the price from three days ago.
"Shares are priced as they are, and they can be bought and sold quickly on the market, so there's not much room for negotiation," Ma Xiaoxuan said from the side.
Besides Nvidia, Fertitta also owns shares in many other companies, most of which are top Nasdaq-listed companies.
Even more surprisingly, Wang Xiucheng found 2 million yuan worth of virtual currency on the last page of the document.
With a cold laugh, Wang Xiucheng tossed the document aside and picked up another one to open.
This document contains information about the various companies owned by Fertitta.
This includes restaurants, hotel chains, and internet companies.
Wang Xiucheng wasn't very interested in any of these things, and he didn't have time to manage them.
So I put down this document and opened the next one.
As soon as Wang Xiucheng opened the document, the first thing he saw was a picture of the interior of an airplane that looked somewhat familiar.
On the walls of the plane, a huge Houston Rockets logo is printed.
"It's the Houston Rockets' private plane."
The league typically charters private jets for each team.
However, some team owners complained that the planes rented by the league were not good or had too little space, so they bought their own planes for the teams to use. The league would then compensate the team owners for the money saved from renting the planes.
Fertitta, who is often ridiculed for being stingy, bought a Boeing 767 for the Rockets and spent a lot of money modifying it.
"Brother, you should have an airplane by now."
As Ma Wei spoke, he stole a glance at his sister Ma Xiaoxuan, then whispered to Wang Xiucheng, "It's more convenient to see anyone if you have a plane."
Wang Xiucheng chuckled twice more, then continued flipping through the pages.
The plane was fine, but it was too big, and it was a Boeing, which made Wang Xiucheng a little apprehensive.
This plane can fit the entire Houston Rockets team and staff, so you can imagine how big it is.
But this was too extravagant for Wang Xiucheng.
The cost of keeping such a plane parked at the airport every day without moving it would probably be tens of thousands of yuan.
Wang Xiucheng could have easily bought a smaller, but more sophisticated Gulfstream business jet.
Continuing to flip through the pages, in addition to the rocket jet that Fertitta used as an asset to pay off debts, Fertitta also placed his three-story yacht on it.
However, the prices marked for both airplanes and yachts far exceeded Wang Xiucheng and Ma Xiaoxuan's estimates.
"This isn't paying off a debt, it's practically making you take over a burden," Ma Xiaoxuan said unhappily from the side.
“No, that’s fine.” Wang Xiucheng smiled. “If he doesn’t have anything he’s satisfied with, then make him pay back the money. If he doesn’t have the money, then give me shares in the BRICS Hotel.”
Although he hadn't finished reading it yet, Wang Xiucheng already understood that Fertitta hadn't revealed his most core and profitable business.
For example, he owns five BRICS hotels, but he hasn't shown any of them.
For example, his stake in the Houston Rockets is another example.
Even when it came to airplanes, Fertitta only displayed the rocket version; he didn't mention the one he used himself at all.
Someone who aspires to be an ambassador is surprisingly cunning.
The list of assets, apart from an airplane and a yacht, consists of a bunch of old cars that are priced very high, but in Wang Xiucheng's eyes they are just a pile of junk.
Wang Xiucheng picked up the last, thinnest document and began to read it.
"gold?"