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Happy Tycoon - Chapter 509

Published at 29th of September 2021 01:36:49 PM


Chapter 509: 509

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Close to the building, Yang Jing can feel a simple taste from it.

This is the taste of time precipitation, which is rare now. Even in some ancient cities in China, such buildings close to 100 years old are rarely seen.

This building is a typical Georgian style building. This architectural style was derived from the Italian Renaissance style after it was introduced into Britain in 1700. Adhering to the classical symmetrical and harmonious style, it has been popular in various British colonial countries for a long time.

This architectural style is the most influential style in the United States. Many ancient manors or villas in the United States are deeply influenced by this style. After all, most of the earliest Americans came from Great Britain on the other side of the Atlantic Ocean.

Obviously, Andrew Mellon was deeply influenced by this architectural style when he built this building.

The Georgian style pays most attention to the "Facade". Both the front door and the porch have a low-key luxury.

At the gate stood a white couple. The man was tall and a little fat, and the woman was a little thin, but her temperament was excellent.

"This is Mr. and Mrs. Schiff." after Bloomberg whispered in Yang Jing's ear, he walked up enthusiastically.

"Hey, Michael, thank you very much for attending today's reception." Schiff welcomed Bloomberg with great joy.

After a few words of greeting, Bloomberg smiled and said, "Richard, I'd like to introduce you to a friend. This is Mr. Cole Smith, the owner of KY investment fund. Cole, this is Mr. Richard Mellon Schiff, and this is his wife, forever young and beautiful Ms. Elizabeth Schiff."

Hearing Bloomberg's introduction, Schiff's eyes lit up, reached out and took Yang Jing's hand, shook it hard and said, "cole, you won't care if I call you that?"

Yang Jing smiled and shook her head. "How could it be? My friends call me that."

"Well, you can also call me Richard like Michael, and so do my friends. Nice to meet you, Cole. I've heard Michael mention you for a long time. It's my honor to finally meet you today."

Yang Jing smiled modestly, "Richard, you are too modest."

For Yang Jing, Shi Kaifu is really not polite. In the stock disaster that suddenly broke out more than ten days ago, the Mellon family also lost a lot. If the KY investment fund, which was born in the sky, did not spend a lot of money to buy back shares and drive the market to stabilize and recover, the Mellon family's loss might be even greater.

Moreover, KY investment fund is now the largest investment institution of Alcoa and Pittsburgh iron and steel. KY investment fund's participation in these two Mellon family controlled enterprises has played a vital role in the stability of enterprise stock price.

In particular, this KY investment fund knows how to advance and retreat very well, and it is very appropriate. Just like Alcoa's shares, this investment fund can buy back more Alcoa shares in that stock disaster, but they bought about 6.5% of the shares and stopped. These shares have little impact on the Mellon family's control of Alcoa, but they have a great impact on ordinary shareholders and other investors.

Such an investment fund with strong capital has entered Alcoa with great fanfare, which plays a leading role in restoring the confidence of ordinary shareholders and other investors in Alcoa.

Although KY investment fund began to acquire shares when Alcoa's valuation fell by more than 41%, which made their acquisition cost very low, Schiff didn't mind them doing so.

After all, KY investment fund is a private investment profit-making institution. Why should people buy your shares if they are not profitable?

Compared with the pulling effect of KY investment fund on Alcoa's valuation, it's nothing for them to buy Alcoa's shares at a low price. If it weren't for them, Alcoa, with a market value of nearly $20 billion, would suddenly plummet by 41%, which would really cause huge losses to the Mellon family.

It is no exaggeration to say that because of the birth of KY investment fund, those large consortia like Mellon have to accept the kindness of the fund, especially the old men of Morgan family and Rockefeller family.

If it weren't for this KY investment fund, let alone the Mellon family, the Morgan and Rockefeller families would lose even more!

It's just that this KY investment fund is really mysterious. Whether it's the huge rescue fund or the origin of this investment fund, it's very mysterious.

The most important thing is that this investment fund rarely goes to the accounts of big banks in the United States. Most of their funds come from banks in Switzerland. Therefore, no matter the Mellon family, the Morgan family and the Rockefeller family, they can't find out the specific information of this fund. I just know that the liquidity of this sudden investment fund in several major American banks is amazing.

Apart from other things, the market value of the 27 companies controlled by this fund alone is now an extremely frightening figure.

Therefore, both the Mellon family and several other major consortia are very interested in this investment fund that is now enough to affect the form of Wall Street.

Unexpectedly, the owner of the mysterious fund turned up here.

It's also strange that when Bloomberg asked for the invitation before, he didn't explain to Schiff who the invitation was for. This guy just said he wanted to surprise Schiff. Sure enough, the surprise was not small!

Schiff also really wants to make good friends with this mysterious figure with amazing wealth.

People with their wealth and status know best how much influence huge wealth will bring. Although Schiff had never heard of this Cole Smith before, he would definitely put this tycoon with huge wealth on an equal footing with himself, or even higher.

No way. Shi Kaifu, who was born in a big family, knows very well that in the social system in which capital is king, whoever controls more capital will be more powerful. Even though Cole Smith was unknown before, Schiff knows very well that now with Cole Smith's terrible wealth, as long as he wants, he will immediately be one of the few people at the top of the United States.

It can even be said without exaggeration that even the president of the United States can ignore tycoons at this level. Just like the big men of the Mellon family.

Not only the Mellon family, but also the big men of Rockefeller, Morgan and DuPont family, who will really pay attention to the president?

Being able to make friends with such a tycoon with huge wealth is absolutely only good for the Mellon family without any harm.

Therefore, Mr. and Mrs. Schiff were so enthusiastic about Yang Jing that they even ignored some other guests. Among them, after American Treasury Secretary James Baker came here, Mr. and Mrs. Schiff didn't pay attention to him, but asked another person in charge of reception in the family to receive these guests.

James Baker, as the US Treasury Secretary, has no choice but to ignore Mr. and Mrs. Schiff. Although he is the US Treasury Secretary and nominally controls the wealth of the whole United States, he knows very well that, let alone him, even if boss Reagan comes, he is nothing in front of such a deep-rooted family.

Not to mention that the tall Schiff in front of him is still recognized as the "right-wing king" in American politics. This guy has even greater influence in American politics than the president, which is far beyond his ability as a treasury secretary.

James Baker is not qualified to move forward, but it does not mean that others are not qualified to move forward.

Today is a reception to commemorate the 130th anniversary of Mr. Richard Beattie Mellon's birth. Therefore, many rare dignitaries have appeared here, including representatives of the top ten American consortia.

These representatives are the flag figures of their families or consortia. Otherwise, they would not have received the personal invitation from Mr. Richard King Mellon. The two flag figures of the Mellon family have attended today's reception. Those big families and consortia must send corresponding figures to attend today's reception.

In this Vanity Fair, we must abide by the rules of this Vanity Fair.

However, when these big men came to this ancient manor, they found that Schiff, one of today's masters and one of the current core figures of the Mellon family, even stood at the door and talked with a strange man. Even when Secretary Baker and the bosses of several other companies came, they didn't bother to entertain.

Who is this mysterious man? How can you make Schiff look so high?

You know, as a famous "right-wing king" in American politics, Schiff has a very high vision for such a behemoth as the Mellon family behind him. For him, a person with an individual wealth of less than $1 billion is just an ordinary person.

But what the hell is this scene?

Driven by curiosity, those big men came up one after another. As far as their status is concerned, they are fully qualified to be on an equal footing with scaff. Even a few people still need the real big people scaff looks up to.

For example, Harry Morgan, the son of Henry Morgan, who founded Morgan Stanley, for example, Lawrence Rockefeller, the third-generation flag figure of the Rockefeller family, known as the "father of venture capital" of Wall Street, for example, Chris DuPont, the flag figure of the DuPont family, for example, Michael Reid, the current chairman of Citibank

Any one of these people is a big man who can be on an equal footing with Schiff and even needs Schiff to look up to. They come forward, and Schiff can only greet them with a smile.

Then, when these big people learned that the mysterious man was the boss of KY investment fund, there were several famous big people in front of the gate of this ancient building

PS: bow and thank you for the reward of "Yisuo Yanyu Ren's life 1989" 100.





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