Reborn in Brazil As a Plutocrat

  Chapter 233 New Shareholders

   "You are the major shareholder of Richfield Corporation! You can decide how to develop it yourself!"

   Regarding the future development of Richfield Company, Morgan believes that Fang Lang must have had an idea in his heart, and now he suddenly asks himself to discuss the development of this company.

  Morgan's first thought was that this kid was uneasy and kind.

  So, directly express that I am a minority shareholder, and you decide for yourself.

   "Mr. Morgan, minority shareholders are also shareholders! You can't leave the company alone!"

  How could Fang Lang let go of such a thick thigh!

  Morgan obviously didn't expect this guy to use stalking like a child.

  Although he knew that this guy was acting, he had to smile and said:

   "Then tell me, what should we, a small shareholder, do so that we have not left the company behind!"

  Seeing Morgan's smile, Fang Lang smiled even happier.

   "Don't worry! Mr. Morgan, you only need Morgan Bank to grant a loan to Richfield Company, and Richfield Company can be brought back to life."

   Regarding Fang Lang's request, Mr. Morgan was noncommittal.

   After all, providing loans to enterprises is the normal business of the Morgan Family Bank, and there is nothing difficult about it.

   "It's just such a small thing, do you need to act like a child?"

   "So Mr. Morgan, you agree?"

   Fang Lang said with a look of surprise.

  Looking at Fang Lang's expression, Morgan's heart tightened, and he said quickly:

   "What do you mean I agree? You need to go to the bank to handle the bank loan business. You need to provide collateral and explain the purpose of the loan.

  This kind of business behavior, you don't need to find me at all! "

   How could Fang Lang not understand that it was because he was happy too early, which woke up the biting fish.

   He secretly scolded himself for being too anxious.

   "Didn't I think that since you are also a shareholder of the company, shouldn't it be fine to arrange this kind of small business directly with you?"

   "Your words are nice, and you definitely have no good intentions.

  Tell me, now that Richfield Company is in your hands, how are you going to develop it! "

  How could an old fox like Morgan be fooled by the waves?

   directly exposed Fang Lang.

   Seeing Morgan asking about the company's development direction, Fang Lang could only bite the bullet and say:

   "I'm going to continue spending money exploring the fields in the Prudhoe Bay area."

   Originally, Fang Lang thought that Morgan would directly raise objections, but unexpectedly, the other party seemed to have expected it and said:

   "So, the reason you bought this company is to get into the oil business, right?"

   Regarding this, Fang Lang did not deny it.

   nodded and said:

"Yes."

   "What about the next step? Can you tell me about it?"

  This question made Fang Lang a little embarrassed. He couldn't say that he knew that there was a big oil field in Prudhoe Bay. As long as he dug it out, he would make a fortune!

  If you really say this, you don’t need to think about the loan, and it is more likely that others will withdraw their shares.

   For a while, his brain was running fast, and the CPU burned Fang Lang's face a little red, so he finally found a reason and said:

  “I plan to shift the direction of development to South America after straightening out the company. After all, our neighbor Venezuela is a big oil country.”

   When it comes to oil, the first target in many people’s minds is the Middle East countries. Many people ignore that there is another country with huge oil reserves in South America, which is Venezuela.

  It's just that the Venezuelan government has a good hand and played poorly.

  In 1975, Venezuelan President Chávez announced that he would nationalize the country's oil industry and expel all domestic oil companies from European and American countries.

   This is understandable, after all, it is normal for one's own country to control its own country's resources.

  But after Venezuela nationalized oil, it was completely hanged on the tree of oil, and did not consider developing other industries at all.

   Instead, the banknotes exchanged for exporting oil have been turned into high welfare for the country, such as free medical care, free housing, etc.

   Later, they simply distributed the money directly to the common people.

  The result of this is that ordinary people don’t have to do anything, they just need to lie at home and get money.

  Agriculture, the main economic pillar industry before the emergence of oil, was directly abandoned.

  The population began to gather in cities on a large scale, and the ratio of urban population to rural population was as high as nine to one.

  According to some of our current experts, maybe Venezuela will become the country with the highest happiness index in the world.

  However, all welfare in Venezuela is based on high oil prices. With the sharp drop in oil prices in the 1980s, Venezuela’s high welfare policy like a castle in the sky went bankrupt.

  Ninety percent of the population stays in the city, not engaged in production, food and drink.

  After decades of high-welfare upbringing, these people no longer even know how to plant land.

  The subsequent government even carried out a series of slapstick operations, which led to high government debts, directly from the richest democratic country in South America to one of the poorest countries in the world.

  In order to preserve his position, the later President Maduro allowed voters to continue to vote for himself, and began to print a large amount of currency to distribute to the people, and at the same time hoped to use currency devaluation to solve inflation.

  The consequence of this is that the currency depreciates rapidly and loses its original purchasing power.

  In April 2021, Venezuela even announced the issuance of banknotes with a face value of one million bolivars.

The exchange rate between    and RMB is about 380,000 bolivars can be exchanged for one dollar.

  In this case, if the government gives each person 10 million per month, it can only create more millionaires.

   cannot change the status quo of poverty.

  Of course, Venezuela has just started at this time, and it is not impossible for Fang Lang to get involved. After all, in South America, no matter if it is an American company background.

   It is still my relationship with Brazil, and I have a chance to get a share of it.

  So when Fang Lang's words came out, Morgan really believed that this was Fang Lang's real plan.

   After all, as a South American, it is understandable to focus on South America.

  At this time, Venezuela is indeed a huge sweet bun in the eyes of Americans. If Fang Lang is really capable of getting a share of Venezuela's oil industry.

  Morgan believes that his investment will definitely get rich returns.

  With such expectations, the loans Fang Lang wanted were minor problems.

   “So how much loan do you want?”

   "How about ten million dollars."

  Morgan knew that Fang Lang must be holding back something bad, but after hearing the number Fang Lang reported, he was still shocked by his shamelessness.

   "What? Are you crazy?

  You paid $10 million to buy this **** Ridgefield company, and now you're using this **** company to get a $10 million loan from Morgan Bank. "

  Fang Lang didn't really expect to be able to borrow 10 million U.S. dollars from Morgan Bank so easily.

  However, considering that Morgan owns 10% of the shares in Richfield Company, it is definitely much easier to get a loan than ordinary companies outside.

  The biggest question now is whether the Richfield Company has such a valuable collateral.

   "What if I told you I'm sure I'll get oil out of Prudhoe Bay?"

   "Fang, you have to understand that it is impossible for me to provide you with an unsecured loan for a portion of your expected income.

  If you can use the Universal Group under your name as a guarantee, then I think this loan application will be very easy to pass. "

   Fang Lang didn't understand that the old guy Morgan obviously had bad intentions.

   "If this is the case, does the Morgan family mind if I introduce new shareholders for our new Global Petroleum Company?"

  Morgan obviously didn't expect Fang Lang to have such an idea.

   In principle, as the largest shareholder, Fang Lang has no problem introducing new shareholders into the company.

  However, Fang Lang proposed after Morgan refused the loan.

  Morgan felt that the shareholder Fang Lang wanted to introduce might not be able to deal with his family.

  Thinking of the industry this company is engaged in, Morgan immediately had his own goal in mind.

   "Are you going to bring in the Rockefeller family?"

   It's not that the Morgan family and the Rockefeller family have enmity, the two can only be said to be in a competitive relationship.

   During this period, the Morgan family was obviously more powerful. The Rockefeller family really surpassed the Morgan family, and it had to wait until the oil price increased rapidly in the 1970s.

  Of course, this lead did not last long. With the decline of oil prices in the 1980s and many other reasons, the wealth of the Rockefeller family also slowly declined, and was surpassed by the Morgan family again.

  However, sometimes the competitive relationship between capitalists is also a shadow of swords and swords, and the progress of the other party means our backwardness.

   More importantly, the Democratic Party in the United States belongs to the Morgan family, while the Republican Party belongs to the Rockefeller family, although this is not absolute.

   But on the one hand, it also reflects that the two companies actually have some contradictions.

  When Morgan thought that Fang Lang wanted to introduce the Rockefeller family, Morgan's first reaction was to get angry. It didn't mean that people who did business with the Morgan family couldn't do business with the Rockefeller family.

   This situation cannot be avoided.

  What upset Morgan was that he felt that Fang Lang was using the Rockefeller family to put pressure on the Morgan family.

  So, when he asked this sentence, his tone obviously became less friendly.

  Seeing Mr. Morgan's reaction, Fang Lang knew that if he really said that he wanted to introduce the Rockefeller family, then the friendship he and the Morgan family had built with great difficulty would collapse in an instant.

   At this time, Fang Lang could only admit that this was what he thought in his heart even if he was beaten to death.

   "Mr. Morgan misunderstood me. No matter how dizzy I am, I wouldn't do such a thing, would I?"

  Actually, in Fang Lang's heart, he really considered introducing the Rockefeller family. After all, the oil industry is the main position of other families!

  As a Brazilian, he controls the largest oil field in the United States in the future. No matter how he thinks about it, Fang Lang feels like he is playing with fire.

  Although this company has 10% of the shares of the Morgan family, how could this insignificant 10% be covered up? What about my own 90% shareholding ratio?

  The most important thing is that Fang Lang thinks that through this company, establishing a connection with the two largest consortiums in the United States will be very beneficial to the future development of his business in the United States.

  At least no one would dare to easily target their own business.

   Regarding Fang Lang's sophistry, Morgan was not so easily fooled by him.

   asked directly:

   "Then who do you want to become one of the new shareholders of this company?"

  (end of this chapter)