Reborn Russia As An Oligarch

Wang Ye was speechless, and the other directors nodded in agreement.

"Yes, Mikhail has indeed made outstanding contributions to the group, and rewarding him with 5% of the shares is not an exaggeration."

"The market value of our company has indeed skyrocketed recently, and this is all due to Misha."

"The president is really generous, Mikhail. Your uncle is so kind to you that there are nothing words to say!"

"If the president retires one day, I think only Misha can take over this position, and I don't recognize anyone else!"...

Everyone praised Kovchenko and Wang Ye, and it didn’t cost anything to say good things anyway...

If they really were asked to use shares to reward Wang Ye, they probably wouldn't say this.

Seeing Hovchenko's kind smile, Wang Ye also felt a little excited.

This nominal "uncle" really has nothing to say about himself.

Perhaps at the beginning, Hovchenko may not have not "exploited" his own ideas.

But as time went by, after Wang Ye showed his amazing talent, Hovchenko's attitude towards Wang Ye began to change.

Not only did he not do anything detrimental to Wang Ye, but he also greatly helped Wang Ye in many things!

Not to mention anything else, the money lent to Wang Ye alone was nearly 2 billion U.S. dollars!

Without this wealthy uncle, Wang Ye would not be able to do many things.

In addition, the high-level connections Wang Ye made were not so polite to Hovchenko just because of his face...

For example, Abu, Gurbrev et al.

Without this "uncle", it would be impossible for Wang Ye to come into contact with these people!

Of course, the reason why those people were willing to help Wang Ye later had a lot to do with Wang Ye himself, and not just because of his status as Hovchenko's "nephew."

How to put it this way, Wang Ye's personal ability and hard work are of course important factors in achieving his current achievements.

But Hovchenko did provide him with a big enough stage and gave him a lot of help later.

The two complement each other and are indispensable!

…………

"Then...thank you, uncle." In the end, Wang Ye did not refuse anymore and accepted the huge reward.

"Haha, that's right! It's just a small share, it's nothing. In the future, your career will be much more than this. There is no need for us to be friends between uncle and nephew." Hovchenko said with a hearty smile.

Wang Ye had not understood the share structure of Yukos Group before. Today's board meeting involved share transfer, so Hovchenko explained it to him.

Yukos Group is not a simple company.

This is a veritable giant in the energy industry!

After acquiring Sibneft, it has undoubtedly become Russia's largest oil company, accounting for 80% of the country's oil production and 50% of exports!

The reason why the export sales volume is so much less than the production volume is that part of it has to be sold to state-owned oil companies, who will refine it and sell it domestically, or re-export it.

How should I put it, this can be regarded as the "protection fee" paid...

But even so, it is not an exaggeration to say that Yukos Group is the only one company.

Hovchenko personally and the offshore companies he controls account for 65% of the group company's shares!

Of course, he is also the largest shareholder of the group, chairman and president of the company.

Gazprom controls 20% of Yukos and is the second largest shareholder.

The remaining 15% is controlled by several domestic Russian and European and American funds, and they are all small shareholders.

After Hovchenko's personal agreement transferred 5% of the shares to Wang Ye, he still controlled 60% of the group's shares and was still the largest shareholder with absolute control.

Gazprom still holds 20% of the shares and is still the second largest shareholder.

But Wang Ye, who holds 5% of the shares, has become the third largest shareholder of the group!

At that time, he was not just a nominal director, but an actual major shareholder of the company!

…………

Hovchenko should have been prepared a long time ago and called his assistant and the group's legal adviser on the spot.

He took out the prepared share transfer agreement and asked Wang Ye to sign it.

In this agreement, it is clearly stated that Hovchenko transferred 5% of his personal shares in Yukos Group to Mikhail at the price of "1 US dollar"!

Wang Ye picked up a signature pen and carefully signed his name on the agreement, Mikhail...

These letters are worth billions of dollars!

After signing, Hovchenko said with a smile: "Okay, just leave the rest to the legal affairs. Congratulations to Misha. If there is another rich list this year, I guess you can be in the top three..." Come on! Maybe even second place."

It goes without saying who is the first place. Except for Hovchenko, no one else can even think about it!

But for second place, it’s hard to say.

Last year, Abramovich ranked second.

Wang Ye barely entered the top ten at that time.

But speaking of it, Wang Ye himself didn't have a clear idea of ​​how much he was worth.

Because none of his companies are listed on the market, it is difficult to value them.

But in any case, even if there is no 5% of Yukos Group shares, Wang Ye's net worth is still more than 5 billion US dollars, just counting the companies he owns.

There is no problem entering the top ten.

After adding the 5% of Yukos Group shares this year, Wang Ye's net worth will exceed 10 billion US dollars!

Directly enter the top three of the Russian rich list, and even have a chance to sit on the second throne!

Of course, there are many invisible rich people here. Even if others don’t tell you, even Abu’s real net worth is far from what is shown on the rich list...

…………

After the board meeting, the directors took their leave.

Wang Ye stayed, followed Hovchenko to his office, and continued drinking coffee and chatting.

After sitting on the sofa, the assistant brought the fragrant coffee to the two of them and then left.

There were only two people left in the spacious office.

Wang Ye took out his cigarette case and lit a cigarette without handing it to Hovchenko.

Because he knew that Hovchenko basically did not smoke and occasionally smoked a cigar.

But Wang Ye doesn’t like smoking cigars yet, maybe because he feels that he is not old yet...

"Uncle, there is actually no need to give me so many shares. Besides, I have always felt that it is most appropriate for you to be in charge of Yukos Group. I have a lot of messes over there and I simply don't have enough energy to manage such a large group. .”

The blue smoke covered Wang Ye's face, making it impossible to see through his thoughts.

He is not being modest, but he is telling the truth!

Yukos Group is different from ordinary companies. This company is too huge!

Just look at how busy Hovchenko is every day...