Chereads / I Become A Noble in England / Chapter 157 - Chapter 157 Rich List

Chapter 157 - Chapter 157 Rich List

After DS Industrial Investment Fund acquired O2, O2 Telecom cooperated with Digital UK and SEM Group to launch a home broadband entertainment plan.

As the basis of this plan, DS Industrial Investment Fund will provide O2 Telecom with a five-year special investment of £1 billion to be used for O2 Telecom to upgrade its broadband equipment in the UK to increase its broadband access speed and coverage.

Currently, O2 Telecom's main users are concentrated in England and Wales. Next, they will complete the network upgrade in the current region and improve its broadband network in Northern Ireland, the Northeast and Scotland.

It is expected that after the upgrade, the broadband surfing service provided by O2 Telecom to users will be more than ten times the speed of the current mainstream dial-up Internet access.

At the same time, the home broadband entertainment plan in cooperation with Digital UK will provide users with upgraded high-speed Internet services at a low price of £19.9 per month when they install a set-top box and dial-up Internet access equipment.

What you need to know is that the Internet access fees in the whole of Britain are relatively high at present. Take British Telecom as an example. They made broadband business their main development direction last year. But even for large customers, the broadband price is more than 15 pounds per month, and that is the most basic dial-up Internet access. The cost of broadband business is even higher, often more than 30 pounds per month.

Therefore, after O2 Telecom launched this preferential policy, it was immediately welcomed by users. In addition, with the development of the Freeview platform at that time, it already had a considerable user base, and the number of O2 Telecom users increased dramatically in a short period of time.

At the same time, in addition to providing broadband Internet services, in cooperation with SEM Group, O2 Telecom also provides users with richer media content.

In addition to the IPTV business promoted in cooperation with Digital UK's Freeview platform, O2 Telecom has also cooperated with SEM Group's network department to launch the DailyVideo.com website, allowing its users to freely upload videos and share them with its global users.

It can be said that DailyVideo.com is similar to the later YouTube website, but relatively speaking, it is simpler and has some restrictions on the size of videos uploaded by users - after all, the Internet speed at that time was not as fast as it is later, and when the user scale increases, storing these video content also requires a lot of money.

In April, the British Sunday Times published the 2002 list of the richest people in Britain.

In this list, the Duke of Westminster, who mainly engages in real estate, ranks first with a fortune of 4.9 billion pounds. His assets have increased by 200 million pounds compared with last year.

J.K. Rowling, the author of "Harry Potter", has become the highest-paid woman in the entertainment industry with a net worth of 280 million pounds. And because her property is 30 million pounds more than the Queen, she ranks 122nd on the UK rich list, 11 places higher than the Queen.

However, the most striking thing is that although Rowling is currently only the 9th richest woman in the UK, since the top 8 women became wealthy through marriage or inheritance, Rowling can be regarded as the richest woman in the UK who "made her fortune from scratch".

Another very eye-catching person on the list this time is another duke on the list - Barron Cavendish, Duke of Devonshire, who ranks 35th on the rich list with a net worth of 1 billion pounds.

At the same time, the young duke, at the age of 23, has topped the list of young rich people under 30 in the UK.

It can be said that the release of this list has made Barron one of the most watched people at the moment...

However, Barron only looked at the estimated wealth of himself on this list. After all, his profit from shorting international crude oil alone exceeded 1.35 billion pounds.

It's better this way. As a duke, it would not be a good thing if he was too high-profile. It is safest to make a fortune quietly.

Even Barron has plans to use some financial means to hide his assets in layers of corporate nesting to make his name disappear from various wealth lists.

After all, those who appear on those wealth lists may not really be the ones who control the world economy. Those larger families have long since hidden themselves behind the scenes in various ways.

And with his status, he doesn't need to increase his popularity and influence through ranking on these rankings like some people do.

However, with the arrival of April, it also means that the tax filing season in the UK has arrived again.

But this was not a problem for Barron, who had already made a lot of money last year, because except for the initial period, all his operations were carried out in the name of the company, and his huge financial advisors also demonstrated their own value - just like the Chatsworth Charitable Foundation and other trust funds, which could help Barron turn the profits of many companies into "charitable donations"...

Most of DS Capital's operations are carried out in the form of funds...

As long as there is no personal redemption, the fund's profits will not be subject to personal income tax... and the longer you hold it, the lower the final tax rate will be.

"William, long time no see, are you happy at school recently?"

"It's not bad. You know, apart from the paparazzi, I'm still enjoying my time now."

After Prince William hugged Barron, he introduced the blonde beauty next to him:

"This is my friend, Holly Branson."

"Hello, Your Highness, it's a pleasure to meet you."

Holly Branson gave Barron a ladylike salute and said to him.

The Cavendish Building in Soho has been completed. The ball held today is to celebrate the completion of this 35-story new landmark in Soho and the opening of the Cavendish (Soho) Hotel, which occupies 15 floors of the building.

Although this is a four-star hotel, the facilities within the hotel are very rich. As the second hotel of the Cavendish Hotel Group in London, it also attaches great importance to it.

However, William did not bring his girlfriend today, which surprised Barron a little.

However, there was no sign of such emotion on his face, and he said to Holly in a gentlemanly manner:

"It's nice to meet you too, Princess of the Virgin family."

Holly Branson's father is Sir Richard Branson, who founded the Virgin Group, which has nearly 200 member companies using Virgin as its brand. Its operations span hundreds of sectors, mainly in the fields of tourism, aviation and entertainment.

For example, Virgin Airlines, which we often hear about, is a subsidiary of the Virgin Group.

Barron knew that the relationship between the Virgin family and the royal family has always been very close, or rather, this close relationship was deliberately cultivated by the Virgin family.

Just like the Queen's two granddaughters, Princess Beatrice and Princess Eugenie, members of the Virgin family often appeared among their future boyfriends.

It is not surprising that Holly Branson, a princess of the Virgin family, has a close relationship with Prince William.

Even if there was something ambiguous between this Miss Holly and William, Barron was not surprised at all. After all, the paparazzi had taken photos of Holly sitting on William's lap...