Thanks to AI, the net property of the duck owner Henry Samueli exploded when he invested 5 billion US dollars in Honda Center and Ocvibe

In Anaheim it seems that AI-related assets helps financing the actual physical spaces.

According to Forbes, duck owner Henry Samueli was a value of around 3.5 billion US dollars in 2020. Five years later, his net assets were around 20 billion US dollars and, according to my fast research, made him the richest NHL owner shortly before Stan Kroenke.

The timing of Samueli's wealth explosion could not have been better. He finances the renovation of Honda Center and the surrounding mixed use of $ 4 billion on a single-course $ 1.1 billion without limitation partners or co-investors.

There is no political appetite for the provision of public funds for projects for sporting events, but thanks to Samueli's participation in the company, which he founded in the early 1990s, the ducks did not even have to ask (he has 1.9% of the company's shares, as explained from the annual share assembly last month). Broadcom makes chips, an oil-like resource for the exploding AI industry, and offers crucial chip-hungry customers, including Google and Bytedance, an alternative to the dominance of Nvidia.

Broadcom's net turnover ($ 51.6 billion) has more than doubled in five years, and analysts assume that the company's AI-specific turnover of the company last year could reach the most renovation of Honda Center and BIG portion of the mixed development project last year.