Shi Yuzhu finally attracted attention again. Ten years ago, Shi Yuzhu was on the Chinese Internet, but in the past few years, he has almost retired. Shi Yuzhu occasionally speaks online and rarely attends public occasions, and many people almost forget him. Now that Shi Yuzhu has finally appeared again, he still appears on behalf of the company on a formal occasion, and he also says that he will empty the debt of the Giant Group in one year.
Giant Group is not Giant Network, Giant Group is an unlisted company, so how much debt is not clear to outsiders. Giant Group's main business is games, health products and wine. Shi Yuzhu's attendance at the event this time is also a platform for the golden sauce wine that he has vigorously promoted in recent years. At the same time, he also promoted the cooperation between Golden Sauce Wine and the "Journey" game.
Many people suddenly found that this game "Journey", which was almost forgotten by the mainstream market, still has a strong vitality, and it is still making money for Shi Yuzhu. Last year, giant network revenue was more than 2 billion, and the profit was still close to 1 billion.
From 2017 to the present, giant network profits have actually been very stable, about 1 billion or so. Once Giant Network was also one of China's Internet giants, but now Giant is not to say that it is compared with Tencent, it is also compared with NetEase, and it is also very different.
Many people are analyzing the problems of the giant product line, the core is that Shi Yuzhu has been lively, and his mind is not one hundred percent on making money now. Shi Yuzhu had already made enough money.
Speaking of making money, a few years ago, Shi Yuzhu joined forces with several major consortiums to invest $4.4 billion to acquire the Israeli game company Playtika, and the latest news is that Giant Network's Giant Network will sell 25.73% of Playtika's shares, and the company's valuation is $8.7 billion. If this shot is successful, Jukun Network will return about $2 billion, and the profit will be $1 billion.
Most of this investment will also go into Shi Yuzhu's personal pocket. Because the Giant Network is controlled by the Shi Yuzhu family for 51% of the equity, the other 49% of the equity is indirectly held by the Giant Network. Shi Yuzhu is naturally not short of money now, and his net worth a few years ago was already as high as tens of billions. Over the years, his business has been very profitable, and he has also made a lot of private investments, such as holding shares in several banks, including Huaxia Bank and Minsheng Bank. Banks are companies with high dividends, and it is estimated that Shi Yuzhu's annual dividends alone are a lot of money.
Shi Yuzhu is definitely a legend in China, his life has been up and down, to the present, he has long seen everything, for fame and status and wealth, he certainly does not care very much.
When Shi Yuzhu was young, he quit his job and ran to Shenzhen, where he developed the first generation of Hanka alone and earned the first bucket of gold in his life. After that, Shi Yuzhu developed the second generation of Hanka by relying on one person. At that time, Shi Yuzhu rented two single rooms near Shenzhen University, one single room was full of instant noodles, and the other single room lived by himself. He didn't go out for 9 months and eventually managed to develop the second generation of Hanka.
Later, Shi Yuzhu did business such as health care products and became a hot entrepreneur in China. In the early 1990s, Shi Yuzhu went to Zhuhai again, but he planned to build China's tallest building, the Giant Building, and he also studied the hong Kong real estate model.
In fact, Shi Yuzhu's funds at that time were only about 200 million yuan, and he could not build a building of more than 60 floors. However, after the leaders continued to inspect, his vanity soared, so he decided to risk building the tallest building in China. However, later, Shi Yuzhu's funds were broken, which also affected the business of others, resulting in the eventual failure of the business and his own debt.
After the failure, Shi Yuzhu took the core members to the south and north, looking for opportunities for a comeback. Later, Shi Yuzhu successfully turned around by relying on health care products. Of course, what makes Shi Yuzhu a rich man is the game. Shi Yuzhu said that because Chen Tianqiao sealed his game account that year, he decided to make a game himself, he invested 20 million yuan, and then invested another 20 million yuan, found more than 100 people, and successfully developed "Journey". In 2005, the first generation of "Journey" was launched, which brought fire to the giant network and also allowed Shi Yuzhu to make money until now.
How much money Shi Yuzhu made on "The Journey" was definitely only known to him. Shi Yuzhu is a very controversial person, but he is also a marketing ghost, which we cannot deny.