Chapter 344 Article

Han Chudong wants detailed information about the oil industry and the Getty Oil Company.

Therefore, his team of consultants and the secretary's office bought what he wanted from various consulting companies and corporate service agencies overnight, and after sorting out the statistics, they were placed on Han Chudong's desk the next morning, with a proposal given by consultants and elites in the oil industry.

Their opinion is that the oil industry has been doing poorly recently, and the position of Getty Oil has begun to be marginalized, and judging from the layout of Mason Associates and other businesses, there is no need to take the risk of buying a large stake in Getty Oil, which is said to have lost its influence in the Middle East with the tightening of Saudi Arabia's oil extraction and sales rights, and even Mobil Oil has lost its management of Saudi Aramco and can only get some scattered orders.

The advisers advised that even if they were to invest, they should spend money on Mobil Oil.

There have been some rumors in Saudi Arabia that it is ready to buy Mobil's stake in Saudi Aramco, which may exceed expectations and is still being negotiated.

Most of the time, Han Chudong likes to follow his own ideas to make decisions, but he still has a group of think tanks under his hands, and the idea of buying Getty Oil's shares is ambiguous, whether to buy it or not.

Combined with this proposal, and considering the poor environment in the oil industry, I finally gave up this idea, thinking that it is better to continue to increase the stock holdings of Walmart and other companies, or increase investment in high-tech companies in Silicon Valley, which should be more profitable and not bad.

I suddenly realized that it was probably because I felt bored and subconsciously wanted to step out of my comfort zone, so I remembered that Getty Oil, which had many competitors and constant competition in the open and in the dark, would most likely regret it if it was really bought.

Thinking of this, Han Chudong didn't plan to be impulsive, and even planned to wait and see for a while when he lent money to Gordon Getty to pry open the family foundation, and then made a decision according to the situation.

……

I dealt with some things in the morning, met some people, and simply made do with it in the company's internal restaurant at noon.

When I returned to the office and lay down for a while, I simply asked people to arrange a helicopter and skip work to go home.

hired good staff and solved everything he could handle by himself, so that Han Chudong didn't need to take care of the business by himself all the time like he did in the previous two years, which made him often feel that he had nothing to do.

The bigger the business and the better the management, the fewer things that need to be personally taken care of by Han Chudong, which is always a good thing, but it also means that Han Chudong has to start looking for other pleasures to pass the time.

I stayed at home and didn't go to dinner with the CEO of Lehman Brothers until the evening.

Recently, Han Chudong plans to issue $500 million in corporate bonds through Mason Associates, the purpose of which is almost already thought out, and will build a casino hotel in Las Vegas, with an investment of about $250 million to $300 million, and there is no need to invest this part of the funds at one time, the construction period may be as long as three to four years, and the initial investment is expected to be $60 million or $70 million.

As a result, more than $400 million can be set aside for other investments, including supermarket chains, home appliance manufacturing and sales, semiconductor production and research and development, and bancassurance industry, mainly for Berkshire Hathaway's second financing, which helps it acquire a majority stake in an insurance company.

Lehman Brothers took the initiative to throw an olive branch, so that Han Chudong moved the idea of getting an extra huge amount of money in addition to 500 million US dollars, and agreed with the Bank of America to issue five-year corporate bonds, and the current bank benchmark interest rate has been lowered to 5.1%.

Han Chudong's worth is mainly focused on the company's valuation, most of which are some book wealth, rainbow beauty, mango toys, which can make money, but more money has been invested, since the second half of this year, he has had the idea of improving the company's industry again, and then hiding behind the scenes and semi-retiring, the reason is that he earned too much in the past few years, and he began to not be rare Those green papers.

The problem is that retirement is easy, and it is not easy to find other fun worth devoting yourself to when you retire, and the purchase of a ski resort in the Alps at the beginning of this year, and the upcoming Las Vegas casino hotel, these are all fun that Han Chudong bought for money, but it doesn't seem to work.

I took the time to talk to David Rockefeller, the contemporary head of the Rockefeller family, about this incident, and the other party called the process that Han Chudong was going through as the "super-rich disease", in short, it mainly refers to the fact that when the wealth reaches a certain level, it is too easy to get anything, and there is a lack of a sense of pursuit and the joy of struggle.

I also asked David Rockefeller how to solve it, and the other party joked that he could donate all his family property to the official and then it would be fine immediately, or, like him, try to adapt to the rhythm of life belonging to the super-rich.

Han Chudong has no water in his head, of course he won't donate the money, he just plans to spend more time enjoying life, and treat business as a spice in life, so as not to be idle and panic.

The meeting with Mr. Bear Foord, CEO of Lehman Brothers, went very well, Han Chudong told that he planned to raise another $300 million or so, and the other party was willing to calculate the bond interest rate with the benchmark interest rate, and the only requirement was to hand over the listing of Rainbow Beauty to them to arrange, and give Lehman Brothers the right of first refusal, and the price must be fair.

After a short period of consideration, Han Chudong agreed, and the rest of the matter went smoothly, and before Christmas, he had a meal with Helena's parents, and he personally sang a song for the company's employees on the day before Christmas Eve.

He spent this year's Christmas holiday in Hawaii, with no prospects for the coming year, just living calmly.

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became the richest man in the world in 1975.

In 1976, Han Chudong was still the richest man in the world.

In 77, the financial environment was relatively bad, and Han Chudong's worth soared to $8.6 billion.

In 1978, during the World Cup in Argentina, his apparent wealth reached an astonishing $13 billion, and the scale of his private industry was more than $4 billion.

Under these circumstances, Han Chudong saw the article titled "Practice is the Only Criterion for Testing Truth" and decided to set off for China.

The money is not much, only 30 million US dollars, and I plan to use it as start-up capital to invest in some factories and donate 500 schools......