Bolgerd is the son of an oil entrepreneur. When he returned to the United States in September 1914 after graduating from Oxford University, England, he was determined to pursue a career in oil extraction.

However, he did not want to rely on his father, who was very wealthy and influential in the American oil industry. He wants to rely on his own skills to start a career on his own.

In October 1915, there was a tender for an oil mine in Oklahoma, USA, and many entrepreneurs participated in the bidding. There are many bidders with strong strength and deep pockets, and the competition is extremely fierce.

The company that Bolgard was founded at this time was underfunded and was no match for the big entrepreneurs. However, this oil mine has a lot of potential and is important to him. What to do? After much deliberation, Bolgard found a trick - the empty city plan.

On the day of the bidding, Polgard rented a very luxurious suit and invited a famous banker with whom he knew to go with him to the bidding venue.

When he arrived at the venue, Polgard looked extraordinary and confident, and he was accompanied by famous bankers, so that the eyes of the entrepreneurs present were focused on him.

Those bidders who are eager to try and prepare to win in the bidding can't help but feel uneasy. Thinking that Bolgard was the son of a wealthy oil merchant, and now that he had a big banker as a "staff officer" as a "backing," he felt that he was by no means an opponent of Bolgard.

As a result, the bidding venue changed dramatically, and the entrepreneurs left in twos and threes. Those who remained did not dare to bid.

As a result, Bolgard easily won the bid at a low price of $500, and his plan to empty the city came true.

Four months later, in February 1916, the mine in which Bergard won the bid produced high-quality oil. He immediately sold the mine for $40,000 and soon made a net profit of more than $20,000.

Bergard invested in oil extraction from place to place, and new oil companies were constantly being formed. By June 1917, at the age of 23, Bolgard had become a billionaire with 40 oil companies.

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