Increasing overseas investments is both a fallback option and a form of security.
Chen Pingsheng had also visited the bustling Singapore, and might often live there in the future.
A 20 billion USD investment is no small amount for him personally.
He would need to cash out all his remaining Tesla shares to gather the funds.
Speaking of, Tesla's growth has been pretty phenomenal, with its current market value exceeding 680 billion USD.
The 1% of shares he owns, if entirely liquidated, would yield approximately 6.8 billion USD.
Converted to RMB, it totals about 45 billion.
Out of this, 20 billion will be invested into Singapore's infrastructure and public service projects, with an estimated annual income of 700 to 800 million.
It would take about 25 years to break even, a timeframe that's quite typical.
This investment is quite similar to his early ventures in commercial real estate, characterized by stability.
There's not much risk involved.
