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How does an $18 Million turnover equate to a $900 million worth?

Forbes makes China's richest man worth 40 times his revenues

         

Receptional

10:48 am on Nov 3, 2003 (gmt 0)



China's richest man [silicon.com]

Now - based on that measurement, I should be flying several Lear Jets at the very least. Heck, he only owns 52% of his business, so that means 90 years at current levels before he realizes his wealth - and that assumes he never pays staff or suppliers.

Makes you wonder doesn't it?

plumsauce

8:08 am on Nov 5, 2003 (gmt 0)

WebmasterWorld Senior Member 10+ Year Member




yeah, but notice that the valuation is according
to trading on NASDAQ.

and google is worth how much at ipo?