Chapter 55 of 100
Chapter 55
5 min read1,301 words
Prince Zixuan and Lin Wenwu chatted for a long time, discussing some of his requirements. Technically, he didn't understand much, but he emphasized that the user experience must be as simple as possible.
In terms of talent benefits, the company did not offer equity incentives, but the salary could be five times the industry average, and for particularly high-end talents, even ten times was acceptable.
This was one of the reasons why Prince Zixuan offered Lin Wenwu a hundred million yuan annual salary. As a co-founder, it was normal for him to receive some equity incentives.
However, Prince Zixuan did not want to share his shares, so he could only offer a higher salary.
For Lin Wenwu, receiving such a high salary directly was also very satisfying.
Because he didn't know what the company would become, and the company's shares might not be valuable, getting real money now was the safest option.
To get some high-level talents to jump ship from giants like Microsoft and Google to a company starting from scratch, a few times the salary was a must, as they might be wasting their careers.
After lunch, Prince Zixuan and Lin Wenwu chatted for a while and then returned home.
The next day, Prince Zixuan went back to Sanya.
That evening, the fourth episode of "China's Got Talent" aired.
After Prince Zixuan made a huge profit from "China's Got Talent" and donated ten billion, his fans launched a campaign to support the show, and many people joined spontaneously.
The fourth episode of "China's Got Talent" set a new record in ratings, reaching 15%, with a market share exceeding 60%.
Critics unanimously believed that "China's Got Talent" could no longer be analyzed as a simple entertainment show. The charity and Prince Zixuan's immense popularity had significantly boosted the ratings.
Prince Zixuan was no longer very focused on "China's Got Talent"; his attention was entirely on the land acquisition for the Sanya Film City.
He had already ordered 100 tons of gold, which, compared to the global annual production of thousands of tons and the spot gold trading volume of tens of thousands of tons, was not a large number.
The gold price, affected by him, rose for two days but then fell again with the strengthening of the US dollar.
What he was concerned about was the land acquisition issue. Although the government was leading the effort, he did not want any forced demolitions. Therefore, he stated from the beginning that he could offer high compensation to the landowners but would not tolerate any disputes.
The Sanya leadership also paid close attention to this matter, as it involved a 50 billion yuan investment and was crucial for the entire Hainan International Tourism Island construction.
Once the Gold Palace was built, it would become a unique global landmark, attracting tens of millions of tourists from around the world each year, boosting the entire Hainan tourism market.
The 100 tons of gold were worth over 26 billion yuan. Adding the cost of land, design, construction, and the jewelry inside, the construction cost of the Gold Palace alone might exceed 30 billion yuan, or even more.
Of course, for some wealthy countries in the Middle East, this was not an astronomical price. The seven-star Burj Al Arab in Dubai used 40 tons of gold, but all of it was used indoors.
What was astonishing about the Gold Palace was not the 100 tons of gold, but that it would be entirely constructed of gold. The daily erosion from wind and rain would be a significant amount.
Spending money was no longer enough to describe the Gold Palace; it was burning gold.
To control wear and tear, the Gold Palace would have to limit the number of visitors it could receive each day.
It was almost certain that the Gold Palace would not be profitable after its completion.
This was a game of burning gold, which was the true shock of the Gold Palace, not the 100 tons of gold.
Apart from Prince Zixuan, even in the Middle East, where billionaires are common, no one would build a palace that consumed gold daily.
Compared to the Gold Palace, a gold car that loses 50 grams of gold for every 100 kilometers driven could only be described as frugal.
The extravagance of the Gold Palace had completely exceeded everyone's imagination.
Prince Zixuan's astonishing generosity made the whole world kneel.
Sanya would strongly support such an extravagant existence because the Gold Palace could drive the entire Hainan economy.
Was there anything better than a wastrel burning gold to bring prosperity to everyone?
Not seeking personal gain but only benefiting others, who could find a nobler person than a wastrel?
Was Prince Zixuan just burning money because he had too much?
Of course not. His total investment in Sanya was 50 billion yuan, a massive comprehensive city, not just a single Gold Palace.
The surrounding effects of the Gold Palace would benefit his city first.
This would be the flagship of his tourism layout. Whether it would be profitable was not important, but it had to become a world wonder.
Sanya also put a lot of effort into the land acquisition. On one hand, they offered high prices, using Prince Zixuan's dedication to charity and the significant fiscal revenue he brought to Sanya to persuade the landowners. On the other hand, they designated several plots of land and warned the landowners that they were not the only options, and if they missed this opportunity, it would be gone.
With the efforts of the Sanya government, it took nearly a month to secure a 5,000-acre plot of land in海棠Bay.
海棠Bay was a reserved area for the long-term development of Sanya, previously undeveloped, with well-preserved resources and environment.
This time, Prince Zixuan's 50 billion yuan investment and the extravagant Gold Palace project finally made Sanya release the land in海棠Bay.
The Nan Tian Hot Springs, known as the "First Spring of China," were also in海棠Bay, but Prince Zixuan did not have any plans for the Nan Tian Hot Springs.
The reputation of the "First Spring of China" was too significant. If he bought it, even at a high price, once it was developed, people might say he had embezzled state assets.
There were too many natural landscapes abroad that he could buy, but he wanted to keep his flagship in China because he was Chinese.
The main focus of the palace he planned to build would still be the Gold Palace.
On February 1st, the Sanya government announced the public auction of a 5,000-acre plot of land in海棠Bay, with a 50-year lease. The land was designated for cultural and entertainment use. The bidding deposit was 6 billion yuan, and the starting price was also 6 billion yuan.
Undoubtedly, this was the largest land auction in Sanya in recent years.
Everyone knew that this land was prepared for Prince Zixuan, but the Sanya government did not offer any discounts, and the starting price was even slightly higher than the market price.
The land auction marked the official start of Prince Zixuan's plan to build the 100-ton Gold Palace.
The world's most extravagant building would be constructed in Sanya.
Prince Zixuan did not waste any time and immediately invited top domestic designers and experts from the Palace Museum to form a design team to create a completely Chinese-style gold palace.
Although he had the plan before, he was not sure if it would be approved, so he could not have anyone design it.
Now that everything was ready, he naturally wanted to proceed as quickly as possible.
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