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Urban God-level Youth-Chapter 506 : After Becoming Rich Overnight
He Tingting and Qin Hao arrived outside the Qingshan Hotel.
Qin Hao looked at her and asked, "Should I take you home, or are you going back with your dad?"
At that moment, He Qizhi came out of the hotel.
He Tingting smiled and said, "I'll go back with my dad. Let me know when you get home."
After she spoke, she helped Qin Hao straighten his clothes and gently kissed him on the cheek.
Qin Hao was stunned for a moment. He Tingting was dressed very sexily today, her fiery figure displayed without restraint, complemented by her delicate features, mature and seductive, charming and alluring.
When it came to figure, among the people Qin Hao knew, only Miao Jing at the police station could compare with her.
"Xiao Hao, wait a moment." He Qizhi had just seen this scene, and he felt relieved, hurrying over.
He had been worried that Qin Hao and He Tingting might have some friction because of him. Seeing the scene just now, he felt a relief.
Qin Hao looked at He Qizhi. "What's up, Mr. He?"
"Jiang Tao that son of a gun didn't settle the bill, and I didn't bring any money," He Qizhi said awkwardly.
He Tingting was somewhat speechless. Qin Hao took out a bank card and gave it to He Tingting. "Tingting, go settle the bill. Use the rest of the money to buy something for your aunt so she won't be upset I haven't visited these days. Mr. He, I'm leaving now."
He Qizhi, "Okay, your aunt won't blame you. She knows your company is busy."
Qin Hao got into his car and left. He Tingting and her father went back inside the hotel. "How much is the total?"
"Sixty-six thousand," the waitress said with a smile.
That expensive?
He Tingting was somewhat speechless. Jiang Tao had ordered such expensive dishes and hadn't paid. "Charge it."
The waitress swiped the card and said, "Your total spending is sixty-six thousand, and there's a balance of nine million nine hundred thirty-four thousand in the account."
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He Tingting and He Qizhi were stunned. So much money? The rest for buying something for my mom? Are you asking me to buy out the entire mall?
"Xiao Hao is really splurging now that he's making money," He Qizhi said with a laugh.
...
When Qin Hao got home, he received a call from Chang Jing. They had secured a deal for one hundred billion Federation coins.
Beihai Country had no choice but to accept, unless they chose to decline. But if another earthquake like that occurred, they couldn't withstand it.
Dozens of robots were working around the clock on seismographs. Beihai Country's region was very small; one underground sensor was enough, and the cost was very low.
One hundred billion Federation coins, which was almost seven hundred billion Xuan Country coins. Now that he was the second richest in the country, who would dare claim the first?
Qin Hao was a bit excited. He hadn't expected to become the richest person in the country so quickly.
But he couldn't get his money moving. Companies like Aba Net Shopping and Tenglong Group had market values of several hundred billion Federation coins.
Their company's capital was liquid, generating more and more money.
However, Qin Hao's money was still in fixed assets, unable to be mobilized.
But he had targets and ideas. Although he had a lot of money, it still might not be enough for his needs.
Over five or six days, representatives from more than twenty countries had purchased earthquake indicators from Xinghai Company, and Qin Hao had received a total of six hundred and thirty billion Federation coins.
The world's top business tycoons were incredibly shaken.
Qin Hao's total assets were nearing a trillion Federation Coins, already almost catching up to those top tycoons of the world.
Not to mention those oligarchs, even Qin Hao himself felt somewhat fearful, innocent or not, possession itself can be a crime.
This was over seven hundred billion Federation Coins, nearly five trillion Xuan Country Coins.
...
"What's wrong?" Zhao Yuying came up from downstairs and curiously asked when she saw Qin Hao sitting there lost in thought.
Qin Hao gave a wry smile and said, "You worry about money when you don't have it, and damn it, you worry when you do have it."
Zhao Yuying laughed and said, "Xinghai High-tech Company is valued at four hundred billion Federation Coins. Only Aba Net Shopping and Tenglong Group have a market value that surpasses yours in Xuan Country, but you've just started. In another year or two, your company will definitely be number one in Xuan Country."
The valuation of Xinghai High-tech Company had already been leaked by foreign investment giants online, a valuation of four hundred billion Federation Coins, which shocked the entire network. Many people were still discussing it.
The arrest warrant from North Federation was also retracted, with an external statement saying: "It was a mistake," and an apology was issued as well.
Qin Hao knew Zhao Yuying had misunderstood him and said with a bitter smile, "Ying, what would you do if you had a lot of money?"
Zhao Yuying: "When I had no money, I just wanted to earn more to give my family a better life. If I were as wealthy as you, I would probably do things that benefit the people and the country. There's a saying, 'Be virtuous alone when poor, help the world when rich.'"
"Be virtuous alone when poor, help the world when rich."
Qin Hao repeated it; he knew this principle but hadn't thought of a good way to spend the money.
Directly giving money to the people of Xuan Country would be pointless, and each person wouldn't receive much anyway.
With over a billion people, five trillion Xuan Country Coins wouldn't even amount to five thousand per person—utterly ineffective.
Zhao Yuying: "What you're doing, like Amao Net Shopping with its desert reforestation fund, Tenglong Group's various disease funds, and supporting impoverished university students, is all very good."
A spark lit in Qin Hao's eyes; he thought of a way—supporting impoverished university students.
A student spends quite a bit in a year at university: tuition is about six thousand, living expenses at a minimum of six hundred a month amount to six thousand for a year, plus two months vacation, and accommodation fees of a thousand a year, making it thirteen thousand.
A university student spends over thirteen thousand in a year, while the annual net income of a typical rural family is about twenty thousand.
With thirteen thousand spent on a child's university education, family expenses of five thousand, that's only about two thousand left a year.
If there are two children, the family could be drowning in debt; ordinary rural folk simply don't have the spare cash to buy anything.
This is one of the three major obstacles in the economic development of Xuan Country.
If the farmers don't have spare money to spend, how can the economic market prosper? Only when money circulates like water can the market thrive.
The farmer's money goes to the street vendors, who need to purchase goods and give money to distributors; distributors need to get goods and pay the factories; factories need to produce and pay wages to employees; employees then go and buy things from vendors, who need to go to distributors,
Only through this virtuous cycle can the market become increasingly prosperous.
If ordinary workers' money gets tied down in education, healthcare, and housing, then how can the economic market flourish?
...
Qin Hao planned to cooperate with the state to invest money in education, ideally waiving tuition and accommodation fees for college students, making compulsory education twelve years, into sixteen years.
He couldn't do such a thing alone without state cooperation, and he didn't dare to do it on his own.
If he did such a thing by himself, both his and Xinghai Company's reputation would become extremely high, making them easy targets for suspicion.
In ancient times, he likely would have been beheaded, "Your fame is so great, are you planning a rebellion?"
[Fourth update]