However, Gordon Getty himself had no money, nor did he have enough assets to borrow from the bank. Unlike a normal inheritance, he could not wait until he got the assets before paying the inheritance tax. This was probably why he approached Han Chudong, because he knew that Han Chudong could come up with such a large sum of money.
If Han Chudong didn't know that this guy was indeed the only trustee of the foundation, he wouldn't even be able to help but think it was a scam.
I saw him speak at the funeral during the day. Gordon Getty has no money now, but there is indeed a huge sum of money deposited in the family trust, about 1.7 to 1.8 billion US dollars. As for the personal wealth of old Getty, it is also currently being transferred through the Sarah C. Getty Trust, and will later be transferred to the Getty Museum Foundation. It is impossible for his descendants to get it.
From this point of view, it seems that old Getty was not disappointed with all his sons. At least he was quite good to Gordon Getty. According to the will, as long as he continued to serve as the head of the Sarah C. Getty Trust Fund, he would receive about US$300,000 in compensation each year. The names of several other members of the Getty family were also included in the list of beneficiaries of the trust fund.
Han Chudong is not a lawyer specializing in contract law, and has not yet found any loopholes in this will. However, since Gordon Getty said there is a way, there must be a way, otherwise he would not have rashly come to him.
After hearing from Gordon Getty that the terms they had agreed upon would not change even if more heirs appeared, Han Chudong did not express his opinion on the spot.
The answer was that they would first examine the will and then give a reply after considering it.
In fact, Han Chudong has a lot of ideas about Getty Oil. This company covers the entire industrial chain from collection, refining, transportation to sales. If you want to be an oil tycoon, now is the best opportunity. The current total market value of the entire Getty Oil Company is about 4.6 billion US dollars, and it is still gradually declining with the turmoil.
He did not need to privatize the listed company. He only needed to buy 40% of the shares held by the Sarah C. Getty Family Trust to achieve controlling stake and swallow up Getty Oil Company in one gulp.
The thought went around in Han Chudong's mind for several times, but in the end he kept his composure and didn't show it.
Nearly 2 billion US dollars are involved, so even Han Chudong thinks it is necessary to think carefully about it, so as not to disrupt the reasonable layout that took three years to complete because of a momentary impulse.
Where will the money for the acquisition come from, the cost of raising funds, whether it will be possible to make money after the acquisition, whether there will be resistance from other shareholders of Getty Oil Company, etc. These issues all need to be carefully studied and discussed. The situation is different from when we first started the business. There are too many stakeholders involved, and a small mistake can lead to a disaster.
The reason why everyone focused on light industries and emerging industries some time ago was mainly because they were afraid of getting into trouble. However, running an oil company is not like selling facial masks or toys. Even if there is some competition, it will be small-scale competition. The waters in the industry are too complicated.
Even if you think you have the strength to cross the river, you still have to think again to see if you will drown in that river full of gold.
From this perspective, after the death of Paul Getty Sr., other members of the Getty family, especially Gordon Getty, are now at the center of the storm. I believe that many oil tycoons and oil refining oligarchs will soon come to him.
In order to leave room for choice, Han Chudong, with a hint of ulterior motives, told the other party not to leak the idea of selling Getty Oil Company shares to anyone for the time being, and not to tell anyone that he had contacted him and wanted to borrow money to pry open the family trust foundation...
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On the way home, Han Chudong was rarely lost in thought.
The reason is still about Mr. Getty's inheritance. With such a large amount of money, even if he doesn't have any intention of investing in Getty Oil Company, just getting it through Mason Private Equity Fund is enough for him to make a fortune.
In the past, due to lack of strength and reputation, he gave too many benefits to Mason Private Equity's investors, who made money by taking advantage of his long-term investment vision. However, he does not plan to do that anymore in the future. The management fees will rise further, and he will also charge handling fees when buying and selling. Or he may agree on a number with investors by increasing the guaranteed profit, and the extra profit will belong to the Mason Private Equity Fund.
Considering that Han Chudong controls all the shares of Mason Private Equity through Mason United Group, it also means that all the extra income belongs to him.
The business has really grown big. Now even Getty Oil Company dares to make plans. Since Boeing not only manufactures commercial passenger aircraft, but is also one of the world's largest arms giants, it can also be said that Han Chudong has become a member of the arms dealers in disguise through Mason Trust, and the industry is quite diversified.
On the way, he made a phone call and asked people to help collect intelligence from various parties and make an assessment of the specific situation. He wanted to see whether he could take over Getty Oil and whether he could cooperate with Gordon Getty to help him pry open the family trust fund and earn some "pocket money".
…
Putting these thoughts aside for the time being, Han Chudong returned to Beverly Hills, but instead of going to his own home, he entered another smaller mansion.
Miss Helena Bergman lives here now. She bought the house herself. In recent years, she has earned just enough money to buy the house, about 2.2 million US dollars, through starring in movies and getting endorsement contracts from Han Chudong.
The Ferrari in the garage was a 21st birthday present given to her by Han Chudong. She also received a ragdoll cat as a present. This kind of cat had only been bred a few years earlier and cost more than 20,000 US dollars. It was very cute in appearance.
Speaking of Helena Bergman, she has appeared in three films under DreamWorks Film Studios, and recently even got the leading role in the movie "Tomb Raider" in advance. She was able to do so smoothly because of a backdoor deal and the help of Han Chudong.
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He has outstanding looks and figure, decent acting skills, and he has never lacked resources, all of which constitute the basis for his huge success.
Although she attracted some negative news due to the rumors between her and Han Chudong, this also indirectly deepened people's impression of her, and she is gradually being remembered by more people.
No director dared to bother her, and no screenwriter or director dared to risk being left out by asking her to shoot kissing scenes or bed scenes. As she became more and more famous, Helena Bergman's temperament gradually changed.
When Han Chudong opened the door and went in, holding the fat cat in his arms, he could see Helena wearing a silk nightgown, slowly walking down the exquisite stairs.
With a smile on her face, she said, "I knew it was you when I heard the horn. I hope no reporters saw you. Can I cook you some pasta now?"
"I came here after dinner. I went to old Getty's funeral today and had a meal with his third son."
Han Chudong took off his coat, lazily lay on the sofa, and added: "He wants to borrow 400 million from me, with an annual interest rate of 15%. In my opinion, there is no risk, but I can't make much money. What do you think if I can get another title of oil tycoon?"
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