Chapter 327 Donation



Speaking of the current owner of the Lakers, Mr. Kent Jack Cook, his main career is in the media field. He is also a well-known wealthy businessman in the local area. As he is old and has no children, he doesn't care too much about the team.

Assistant Arthur helped convey Han Chudong's intention, saying that he was willing to buy all the shares of the Lakers for 18.5 million US dollars. Soon he received a reply from Mr. Cook saying that he would come to the city to talk to Han Chudong in person.

At first I thought that the price was agreed, so I wanted to discuss the specific details in person before the transaction. However, after we met, I found that this was not the case.

"I thought a flamboyant young businessman like you would have an extravagant office, but I didn't expect that you, like an old guy like me, like to have a table dedicated to making tea. I can drink tea alone for two hours every day. I even asked a friend who traveled to Asia to buy me the best tea on the market."

Hearing what Old Cook said, Han Chudong smiled and replied, "Don't rush to praise me. When my new office building is renovated, the entire floor will be my office. But drinking tea is indeed a good habit. Now my grandfather makes a cup of strong tea every morning and then goes for a walk in the park. Next time I come across top-quality tea, I will have someone send some to you."

The secretary standing nearby quietly wrote this down in a small notebook.

A person's true character is revealed in the details. Even if Han Chudong forgets about this matter in a blink of an eye, employees like them will help to carry it out and send it over in the name of the boss.

"It's great to be young. It's even better to be rich at a young age and get everything you want easily, instead of having to use a cane to walk like me, and not far from the age of wearing adult diapers to sleep."

After saying this, before Han Chudong could speak, Old Cook continued, "I plan to donate all the 20 million US dollars from the sale of the team to my Kent Jack Cook Charity Foundation. I will also donate my other wealth. This seems better than leaving it to those relatives who are fighting overtly and covertly all day long. All of it will be used for the education of young people.

Although it doesn't matter if you are short of 1.5 million US dollars, how about you treat it as charity and donate it in your name. The Lakers are a good team that I have supported. Elgin Baylor, Jerry West, Wilt Chamberlain and others made the Lakers never miss the playoffs throughout the 1960s. Earlier, George Mikan made the Lakers win five championships in six years. Great teams will have great spirits. I think it will not disappoint you. "

Upon learning that the other party actually wanted to donate all the money from the sale of the team, Han Chudong instantly stopped worrying about the specific purchase amount and said frankly, "You should have told me earlier that you planned to donate all to the charity foundation. Then I would have prepared the check before you arrived without hesitation."

Some rich people always like to use the banner of charity and charitable foundations to pass on their wealth and avoid inheritance tax, property tax, etc.

However, from what Han Chudong had already learned, he felt that Old Cook was the kind of person who was really ready to give back to society. After all, he had no children and had no intention of giving much money to his relatives.

"So... Mason, you agree to this deal, right? My only request is that after you get the team, you send me some game tickets regularly. Some of my old friends have been getting game tickets from me for a long time, and I won't be able to give them any more after I sell them."

"Don't worry, I'll give you some of the best tickets before every game."

"Thank you very much, but it's best not to get too close to the golf course. My friends and I are all old, and a ball to the head could mean the difference between life and death. By the way, if you are willing to invest more money to build a golf course, I have a piece of land near Echo Park, a total of 160,000 square meters, which I can sell to you at a low price. To be honest, I have always wanted to build a golf course, and even the land is ready, but I just don't have the money to build it. It will cost at least about 80 million US dollars."

"As for this matter, Mr. Cook, I will give you an answer after I have carefully considered it. Can you first tell me the area of ​​the land and the price?"

Han Chudong was taken to Echo Park in person to get a more intuitive understanding of the land area. There is a large piece of land located in the north of the park. It has been leveled and is now rented to others for use as a parking lot and a temporary waste recycling warehouse. After a little cleanup, something can be built on it.

In the end, he did not give an accurate answer, even though the selling price was only 7.7 million US dollars. The reason was that he did not think that investing so much money to build the golf course now would bring him any extra enjoyment or profit, and it would not matter if he did it a little later.

It’s okay to like impulse buying, but it doesn’t mean you will buy everything you come across.

Of the two Bell 212 helicopters customized last year, only one has been delivered. Its black background with red patterns looks quite cool. After informing the location via satellite phone, a pilot drove it to land on an open space and took Han Chudong back to the city.

When he returned to the office, he heard that Governor Olson had just called and told him that the Dodgers' shares had not been sold yet, and that old Mr. Walter O'Malley, who held most of the Dodgers' shares, was willing to come back after his vacation to talk to Han Chudong.

I called back personally to thank Mr. Olsen and agreed to play golf together when we were free. I hung up quickly. It was just a small favor and there was no need to take it too seriously.

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Last year, I met with Buffett and Munger to discuss the acquisition or financing of Berkshire Hathaway.

There is no wrong version in the 1619 book forum!

Han Chudong suddenly changed his mind and did not plan to implement the layout through the increasingly large Mason United Group. Instead, he chose to use a shell company registered in St. Barts to secretly invest in this enterprise.

There was no need to worry that Buffett and Munger would leak the secret. This practice was an unspoken rule in the business world and was a good thing that benefited both parties. Since they had no intention of becoming enemies with Han Chudong, they would naturally keep their mouths shut after Han Chudong specifically instructed them to do so.

In the next few days, the investment bank called Oracle quickly acquired Berkshire Hathaway shares worth more than 17 million US dollars. It is expected that in the next two months, another shell company will raise another 20 million US dollars. By then, Han Chudong will hold 25% of Berkshire Hathaway's shares.

He also met with Intel CEO Moore and Gucci CEO Maurizio Gucci. After briefly sorting out the short-term development strategy, Han Chudong took a helicopter to Silicon Valley and took several executive candidates, or professional managers, to Aurora Games after the relocation was completed.

These were all trivial matters. After completing the Lakers' equity handover procedures, Han Chudong received a reply from Cheval Blanc in early February. The other party was willing to sell all the assets to him for US$66 million...


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