Chapter 445: Donnie's Paperclip Project
Donnie did not stay long in Washington. After reaching a consensus with Herbert Hoover, Donnie secretly returned to Atlantic City the next day. There were only a few people who knew about Donnie's meeting with Herbert Hoover in Washington this time!
After returning to Atlantic City, Donnie held a private, lavish party at an estate in Atlantic City that had been uninhabited for years.
The estate was surrounded by security personnel, so much so that not even a fly could sneak in to see what was happening.
By the pool outside the manor's main building, dozens of beautiful women were frolicking in the water.
In the conference hall inside the main building, Donnie Block, Robert Lillard, Chris Kamp, Magichi Peyton, Bruce Curry, Steve Cotting, Westglenn, and Randy Powers were seated together.
Those who originally came to Atlantic City with Donnie to make their mark, along with those who joined later, were all present.
And their return this time was also for the matter that Donnie had once discussed with Robert.
"The contents of the letter have been made very clear. Let's hear it, how much is each of you prepared to invest? I know you've all made quite a fortune over the years, so speak freely and confidently!"
Holding a wine glass, Donnie sat there grandly; at this moment, Donnie was the most genuine version of himself.
They had naturally rushed back to the United States after receiving the letter from Robert, upon Donnie's request, to prepare for the establishment of a new investment company controlled by the eight of them, aiming to enter the current American bull market. As for why to enter now...
In the letter, Robert had made it very clear. According to Donnie's judgment, the current American bull market would certainly last for a period of time, implying there was room for further growth. At the same time, Donnie also predicted that this bull market would not last too long, as it is a historical pattern.
Everyone understood this pattern and also knew very well that no one could accurately predict the timing. But now that Donnie had spoken, they chose to believe him.
Because Donnie had, in just nine years, led them from being impoverished farm boys and discharged soldiers unwanted by the army to becoming super-rich billionaires, while also making them honored guests to the leaders of their respective countries.
If they couldn't trust Donnie, they didn't know who they could trust!
Magichi was the first to speak: "I'm asking Jesse Livermore to help me sell some shares and real estate, I should be able to scrape together $80 million!"
Of course, Magichi's total net worth was naturally more than $80 million. Over the years in the Soviet Union, while taking dividends from the Baku Oil Field, he leveraged his influence in the Soviet Union to run several businesses himself, with a net worth of at least over $500 million. However, having more than $500 million in assets doesn't mean he could readily provide that much cash.
Most of Magichi's investments were in the Soviet Union.
Donnie knew about this, and during the early stages of Magichi's venture, provided financial support, so Donnie also held shares in Magichi's Soviet enterprises.
However, the funds in the Soviet Union certainly couldn't be brought to the United States.
Bruce also voiced: "I'm in a similar situation as Magichi's. Before coming, I calculated that after liquidating some fixed assets, I could probably raise around $90 million!"
Like Magichi, Bruce had spent a long time in Canada. Initially, he only took dividends from the bootlegging business. Later, with financial support from Donnie, Bruce started associating with Canadian high officials. Occasionally, Donnie would provide him with names of promising young officials, enabling Bruce to better network with them, gaining policy support for his business in Canada.
Bruce recently planned to establish his own bank in Canada.
Similarly, Donnie held shares in Bruce's businesses.
The situation of the others mirrored that of Magichi and Bruce, only differing in the amount of funds they contributed.
For instance, Steve Cotting, although now in Germany, had less time there, and adding to that Donnie's acquisition of Warburg Company occurred in a short span, Steve could only provide $30 million.
The remaining—Westglenn could produce $40 million, and Randy Powers could offer $50 million.
As for Robert Lillard and Chris Kamp, they offered $200 million and $100 million respectively, having stayed in the United States and received more direct help from Donnie.
Especially since Robert Lillard, as vice president of Venus Bank and president of Deep Sea Bank, amassed quite a fortune.
Particularly in his tenure as president of Deep Sea Bank, Robert Lillard received considerable gray income.
Of course, this was all attained with Donnie being aware.
Donnie pondered for a moment and said: "You've collectively come up with $590 million. That's quite a significant amount; it seems you all indeed made a lot of money!"
Hearing Donnie's words, everyone burst into laughter.
Donnie continued: "I'll personally contribute $700 million as startup capital for our new investment company. Shares will be distributed based on the money each of us contributed. Additionally, I personally suggest designating 10% for distributing rewards for the benefits you've achieved in various countries, selecting two people every year for this, and I won't participate in this reward sharing!"