Morgan Jr. is dead.

died very suddenly, and yesterday Li Zitao was still wondering if his body had come to an end.

I heard the news the next day.

The sensation caused by Morgan Jr.'s death on Wall Street was more than just a storm of rhetoric.

On the day the death was announced, JP Morgan's stock price jumped three times in a row, which made the entire financial industry tremble.

Stanley was slightly less affected, after all, because it was a partnership.

However, Stanley's phone almost blew up that day, and everyone was worried about the fall of the financial giant.

More than 100 companies controlled and indirectly controlled by Morgan have also been affected.

Eliminating this effect is not something that can be done overnight.

For the next year, Harry Morgan was busy.

However, this is good news for rich countries.

Juliana, who had just finished her madness last night, once again put all her energy into her work.

JP Morgan's shareholders have also been in frequent contact with the management of Wells Fargo, and the shock has shown them that JP Morgan is dependent on the Morgan family.

If we want to get rid of this dependence, we need to bring in more money and help.

And in today's Wall Street, and indeed in the world's financial industry, there is no better choice than rich countries.

Because no bank can compare with its cash reserves.

Not even the Federal Reserve.

If you want to print money, you have to pay for it by the American government.

Otherwise, they would have printed a pile of waste paper.

Wells Fargo's Lee Bank Holdings, or L-BHG's financial alliance, is printing enough banknotes at full speed every day.

In the past, Morgan relied on his good relationship with European royal nobles to monopolize the financial business transactions in Europe and the United States.

Now Wells Fargo has replaced it.

But the rich country relies not on friendship and relationships, but on its irreplaceable importance.

The loans needed by the allies, the advance payments for all kinds of arms purchases, and even the military supplies and military spending funds of some countries were all loans provided by rich countries.

During the war, when the interests of all walks of life were vigorously suppressed, the rich countries with sufficient funds were the father of everyone.

However, in order to avoid the fate of the future Lee Bank Holding Company to Morgan, the heir only has the right to dividends and no management rights.

Li Zitao is already making various preparations, such as splitting his L-BHG shares.

In L-BHG, Li Zitao holds 35.5% and is undoubtedly the largest shareholder.

He intends to split 30 percent of the shares, 10 percent of which will be transferred to the Lee family fund for the benefit of future generations and a stable income.

Another 10 percent of the shares were put into the Los Angeles City Bank, and its shares were 100 percent owned by Li Zitao, and there was no dispute.

The last 10 percent of the shares, Li Zitao is ready to put it in Lionheart, that is, the Li Higher Education Grant.

The advantage of this is that it can provide the Li family with a steady stream of high-level talents, and it can also allow the family to earn enough prestige.

More importantly, no one dares to touch this part of the shares easily.

It does not represent anyone's cake, but may encapsulate the great interests of each family, and everyone may have the opportunity to use it.

Even Li Zitao's children and grandchildren can't easily touch this cake.

But it is precisely because of this that it seems particularly safe, as long as his sons have not broken their brains, they have to smash the cauldron stove themselves.

Then, this part of the shares will be firmly controlled by the Li family.

After doing this, only 5.5 percent of L-BHG's shares are apparently controlled by Lee.

Being the smallest shareholder other than Jonathan also allows the public to turn their attention to others and become less visible.

In capitalist countries, the Foundation is the best shield to divert hatred and gain prestige.

Every year, you only need to invest 5~12% of your income into charity, and you can spend a huge amount of money flowing into your wallet in countless thanks.

What's more, there are no taxes to pay.

But it is precisely because of this that more wealthy people are willing to devote themselves to charity and promote the development of all walks of life.

The pros and cons can only be judged separately.

Money, for Li Zitao now, is becoming more and more like a string of symbolic numbers.

How much money he has now, even he doesn't know.

I just know that no matter what he is doing, every minute and every second there will be profits flowing into his account.

At the same time, he is paying less and less taxes, and his value is getting lower and lower.

Some people speculate that he is worth more than 5 billion, while others say 10 billion.

But no one will take it seriously, just idle talk, there is only one thing they know and affirm, and he is very, very rich.

Actually, Li Zitao was also puzzled by this question, "How much money do I have?"

"Boss, this problem may take some time. Tia, who had just taken over, said helplessly.

If you want to calculate Li Zitao's worth, it is indeed a very huge project.

Especially after he deliberately changed his shares and formed multiple cross-shareholdings, it would take a lot of time just to clear these shares.

"It's okay, I guess the most important thing is time. "Li Zitao has been really laid-back lately.

At the age of 30, he has already entered the semi-retirement stage.

Because there are so few things that need to be handled by him personally.

Unless it is some particularly important event, or the annual general meeting, related to the company's internal review, etc., the rest of the things do not need his hand at all.

However, the daily work schedule is still very full.

The fact that he does not need to come forward does not mean that he will let the company develop on its own without understanding the company's development direction and progress.

At this stage, the most important thing to pay attention to is the negotiation with JP Morgan.

This financial company, which has lost its soul and is no longer under the checks and balances of the Morgan family, has opened its mouth wide and is looking for the right moment.

The ambitions of the rich countries are not terrible, but the terrible thing is that within JP Morgan, many shareholders are happy to see it.

Crises often come from within, and this is exactly the case for JP Morgan right now.

And Harry Morgan, the younger Morgan's successor, was busy with his father's legacy and the impact he had on Stanley.

If he had a choice, he hoped that his father would be able to hold out for another year or two.

Even if he can only live like a 'corpse', lying in bed and relying on various instruments, it is far better than the current situation.

"With Morgan done, what's our next goal?" was Jonathan's question on the phone.

"Perhaps, the next enemy is between us. Li Zitao replied jokingly.