Chapter 92 Private Army

Profit of $1.34 billion.

Even Milo, the instigator of all this, found it unbelievable.

As far as Milo knew.

The Blackburn family's total assets, including land throughout the East Coast, are estimated to be around $6.5 billion.

Most of these are fixed assets.

Mainly land and churches.

For example, 5% of the shares of the famous Trinity Church in New York are owned by the Blackburn family.

But most of these are fixed assets.

The Blackburn family's actual available liquidity is usually around $100 million.

When you need money urgently, you may even need to sell land or take out a loan.

And now, in just one month, he has earned $1.34 billion on Wall Street.

Nearly one-fifth of the entire family’s wealth, accumulated over three hundred years.

In the United States, the profit from doing business is about 6-7 points a year. If you do well, you can make about 10 points at most.

But if you work in finance in the United States, as long as you do well, you can make a profit of several dozen points a year.

On Wall Street, there are many legends of hundreds or even thousands of points in a year.

No wonder the entire United States has chosen to move away from the real economy and toward the virtual economy. It is simply because the money in finance is too easy to make.

Suppressing his excitement, Milo looked at the traders in the trading room, all of whom had red faces. "Each trader will be rewarded 20,000 US dollars, and each administrative staff outside will be rewarded 5,000 US dollars. Everyone will be directly converted to regular employees."

These traders performed very well, including Nelson.

Most of the time, Nelson was in command and Milo gave strategic opinions.

So, "Nelson, your reward is a million dollars."

So everyone cheered, and Nelson was called to Milo's office.

"Contact the bank. I want to borrow some stocks from them."

As soon as Nelson came in, with the excited smile on his face still not faded, he heard his boss say this to him.

Nelson blinked, thought for a moment, and said, "Boss, do you think there won't be a war?"

With his arms folded across his chest, Milo lay down on the boss chair, looking calm, "In fact, the market has come to its senses. Haven't you noticed that the increase in the past two days is not as terrible as before?"

Nelson nodded. In recent days, the military stocks in the U.S. stock market have indeed lost the unstoppable momentum they had before last week.

But like many people, he believes that it is a short-term market adjustment.

It's a technical problem.

But it seems that the boss doesn't think so.

If it were in the past, Nelson would talk to his boss a few more times and give him as much advice as possible.

But now, after making $1.34 billion out of nothing.

Nelson decided to trust his boss's judgment, after all, the boss had connections on Capitol Hill.

"Okay, I'll contact other banks right away."

Nelson said, "But today is Friday. We won't be able to get it done until next Monday."

Milo nodded and waved his hand, "I understand. Anyway, be prepared first."

When you walk out of the skyscraper where Paladin Investment is located.

Milo just felt relaxed all over.

Because he is rich now, really rich.

It's not like before. It looks like you have money, but most of the money can't be converted into cash immediately.

Before today, he didn't have much liquid funds to use.

Mainly comes from movie box office sharing and copyright companies.

Yes, when Disney dealt with him, it did not delay the payment for a long time like it did with other independent film companies.

But the movie has only been released for a short time, and the theater chain has not yet settled the money with Disney.

It is impossible for Disney to pay the money to Milo out of its own pocket.

So, there hasn’t been much return on the movie till now.

As for the copyright company, it makes several million dollars a month.

So Milo has actually always been very "poor", to the point that he had to take out a loan to buy a house in New York.

It's ok now.

1.34 billion US dollars, even if you have to keep the bulk of it for short selling next week.

But at least $200 million to $300 million can be left for use elsewhere.

Having money makes things easier, without money you can't do anything.

This principle applies to all countries, all races, and all cultures around the world.

After getting in the car and clearing his mind, Milo said, "Kenny, there's something I want you to do."

David concentrated on driving. Kenny turned around and looked at his boss. "Boss, what's going on?"

"As you know, I beat up the nephew of the mayor of New York some time ago. Although someone from the ClA agreed to help me keep an eye on him, the ClA has no overt law enforcement power in the country. The Italians have deep ties with the New York Mafia, and there's no guarantee that they won't resort to despicable means. I want to strengthen my security."

Milo said solemnly.

"Then do we need to transfer more people from our hometown?" Kenny thought for a moment and asked Milo seriously.

"We can't transfer more people from our hometown. As far as I know, half of you are already with me. My grandfather and his family also need security, so..."

The latest novel is published first on Liu9shuba!

Milo reached over, patted Kenny on the shoulder, and said, "I plan to set up or acquire another security company."

Milo had this idea a long time ago, which came from his fear of death.

He had wanted his own security force ever since he was shot in Beverly Hills.

It’s not that my own bodyguards are bad, but there are actually not that many of them.

The number of security personnel for the entire Blackburn family fluctuates between twenty and thirty people.

Among them, there are less than ten core security personnel who are trustworthy, such as David and Kenny.

These people were also scattered around all the family members.

In addition to these people, the family hired about a dozen to twenty bodyguards from security companies.

These people are mainly responsible for peripheral security and basically sign a contract every few months, so they are actually outsiders.

Now that he has some extra money, Milo wants to start a security company of his own.

The saddest thing in the world is that many people have lost their money.

Faced with the boss's question, David, who was concentrating on driving, couldn't help but look back.

Kenny scratched his head and said, "Boss, I'm not very good at this..."

He is a professional bodyguard who has worked in CIA and the Secret Service.

Let Kenny protect people and arrange security for important personnel. He is very professional and capable.

But when it comes to security companies... Sorry, he really doesn't have the ability.

"You don't have to do the acquisition and establishment of the company. I know neither you nor David are good at it."

Milo smiled and continued, "What you have to do is to be responsible for the training of some of the people in my security company after it is established, as well as the selection of my personal bodyguards."

Kenny breathed a sigh of relief and smiled, "That's no problem for me. David can do it well, too."

David, who was driving, nodded in agreement.

"Okay." Milo smiled and sat back down. "I'm just informing you in advance. Now you understand."

The private security business in the United States has always been prosperous.

This country has never lacked beautiful BIUBIU scenery, and even several great commanders have been killed by them.

Moreover, there is never a shortage of private armies in wars that the United States participates in or initiates.

During the Vietnam War, the number of regular U.S. troops reached about 359,000.

There are 70,000 contractors participating, which means there is almost one contractor for every five regular troops.

In the Gulf War five years ago, 541,000 regular soldiers participated, and another 5,200 unofficial soldiers participated.

This is equivalent to one contractor for every 100 regular soldiers.

These military contractors are known as PMCs.

They often also operate high-end personal security services, that is, bodyguard business.

This is the kind of company that Milo wants to acquire or get involved with.

One that can provide bodyguard services to him and those around him.

When necessary, PMC can transform into a private army.

(End of this chapter)