Rebirth of the Financial Crisis Sweeping the World
Chapter 405: 405 Go! Charitable foundations and trust foundations
Chapter 405 405 Departure! Charitable foundations and trust foundations
After eating lunch with Zhang Xiaolei, Wang Guanxi returned to the black shirt center.
Luo Baowen walked over and said: "BOSS, the plane has been booked, and we will depart the next night"
This time I went to the United States by chartered plane.
I originally planned to order a plane, but Wang Guanxi has been very busy recently. This matter has been delayed. It will not be over to the United States, and it will be very convenient. Then it will be fine to order in the United States.
Wang Guanxi nodded: "Let the notification go down. Tomorrow members who are going to the United States will come to the black shirt center to gather"
"Yes, BOSS" Luo Baowen hurried to do it.
Wednesday, January 21, Wang Guanxi arranged matters in Hong Kong, and also called the horses on the trip to the United States.
Wu Zhanhai, Wu Hongsheng, Li Guangyu, Lu Jianting, Guan Zhenyi, Lin Jiyang, and Ren Smith are all executive directors of the Black Shirt Investment Bank.
As for the directors of the black shirt insurance company, they just stay in Hong Kong.
And Xu Rongzong, the founder of the mainland WeChat company, Zhang Gongjun, the director of Fujixun Group, and others also came to Hong Kong. This time, their two technical geniuses will also follow Wang Guanxi to the United States, intercept the technology of WhatsApp, and then come back to develop WeChat.
Zhang Gongjun: "BOSS, are we going to work in a high-tech company when we are going to the United States this time?"
Now he has been serving as a non-executive director of Fuji Xun Group, as the vice president of the technical department, and then facilitated the cooperation between Fuji Xun Group and WeChat.
Xu Rongzong also asked: "Are we going to the United States this time to develop chat software?"
Currently, the WeChat chat software has not yet been developed. If there are big gains in this trip to the United States, then the WeChat chat software will be completely released.
And her girlfriend Huang Lili's belly is getting bigger and bigger, although the child is not his, but now he is very enthusiastic about fighting to welcome the better life in the future.
At this time, Wang Guanxi nodded: "Well, yes, this time I hope you will stay in the United States for a while. I will invest in many technology companies. Please take a good look."
"Yes, BOSS!" The two are looking forward to it.
Then Zhu Renzhi of GBE Group also came with several senior executives.
"BOSS!"
This time they went to the United States to open a US GBE branch, and they will enter Hollywood in the future.
At present, a small film company has been identified and then acquired.
Now, in addition to daily operating funds, GBE Group has 100 million Hong Kong dollars in spare funds. After acquiring a small film company, it operates two low-cost, high-box-office movies to grow in one fell swoop.
Wang Guanxi said: "This time you set up the GBE branch in the United States, and then started to operate [Ghost Record] this small-cost movie"
He remembered that this movie was popular all over the world, with a box office of more than 200 million U.S. dollars.
And its cost is very, very low.
Speaking of many people will not believe it.
"Yes, BOSS" Zhu Renzhi was very excited.
Next, Liu Zhonglun from the Black Shirt Legal Company also came with a team of lawyers.
"BOSS, the staff is here!"
Wang Guanxi nodded: "Everyone is here. I will have a good rest at the Conrad Hotel tonight. I will leave tomorrow night."
"Yes, BOSS"
In the evening, everyone had a meal together, and Luo Baowen asked, "BOSS, how long will I go to the United States this time?"
Wang Guanxi thought for a while and said, "Let’s over a month."
Then he said: "Secretary Luo, I think you have a bad complexion recently, like a wilting flower, lack of irrigation."
"Come to my room tonight, give you some moisture"
"Watering"
Luo Baowen was speechless, and opened her mouth again: "I have a gynecological disease, so it’s not convenient."
Then she said: "You can find that Jennifer Lawrence in Ohio"
Wang Guanxi smiled and said, "Secretary Luo, would you like to wait on the side?"
Luo Baowen: "·····"
The next day, January 22, in the evening, Hong Kong International Airport.
Wang Guanxi prepares to wait for someone to board the plane.
Zhang Xiaolei also came, with some Standard Chartered Bank assistants.
"Mr. Wang, am I not late, am I?"
"No, it was just 6:30"
"Boarding"
"Ok"
Then everyone boarded the plane, then the plane took off and flew to Columbus, the capital of Ohio, USA.
In the first-class cabin, Wang Guanxi, Luo Baowen, and Zhang Xiaolei were sitting together drinking tea and chatting, and the stewardesses also served exquisite dinners.
Sauce-flavored roasted duck slices lined with marinara lettuce wraps
Coconut Avocado Mousse
Morel Mushroom Pork Meat Juice
Steamed five-color vegetables
Kirin Chicken Zuo
Five-grain health rice bag,
Satay Sauce Stew
Vanilla Pork Chop
Apple and Barren Pomelo
Sweet sugar water.
This is the first-class Chinese-style package launched by the one-Michelin star chef.
Every dish is exquisite and delicious, which makes people appetite.
Wang Guanxi asked Zhang Xiaolei: "Mr. Zhang, what are you doing on a business trip to Ohio this time?"
Zhang Xiaolei said: "There are two things to do"
"First, we also lost a lot of money in the case of Bernard Madoff’s $65 billion defraud by the Wall Street scam at Standard Chartered. This time I am here to deal with some funeral affairs."
"Secondly, Standard Chartered Bank intends to cooperate with the Fifth Third Bank of Ohio for a business negotiation."
Wang Guanxi was taken aback: "Five Three Bank?"
Ohio, there are two big banks, namely Huntington Bank and FifthThirdBank (FifthThirdBank)
Huntington Bank ranks 29th among the top 50 banks in the United States, and Fifth Third Bank ranks 18th.
The Fifth Third Bank is also the largest bank in Ohio, and it is still higher than Huntington Bank. The two are competitors.
The current market value of Fifth Third Bank is US$2 billion.
"Well, yes, Fifth Third Bank." Zhang Xiaolei thought for a while and said: "This time I am specifically negotiating with Fifth Third Bank. Our Standard Chartered Bank is still one of the shareholders of Fifth Third Bank. Astoria's fraud case has caused a lot of contradictions, and there have been big rifts."
Wang Guanxi: "It turns out that Bernard Madoff has pitted all investors in the world, and now everyone has a high negative view of the financial fund industry."
Zhang Xiaolei smiled and said: "He is a financial scam, Mr. Wang, you are the real financial crocodile"
Wang Guanxi smiled slightly: "Zhang has been awarded."
Zhang Xiaolei asked again: "Mr. Wang, you have borrowed US$2 billion from our Standard Chartered Bank this time. You plan to finish investing in the United States?"
Wang Guanxi smiled and said: "Well, Mr. Zhang, you can rest assured that the interest is indispensable for you."
Zhang Xiaolei: "Mr. Wang, you can rest assured that this 2 billion US dollars is your loan limit. You can still borrow it if you pay it back, as long as you pay the interest on time."
At present, Wang Guanxi’s 80 million shares of Amazon’s shares are mortgaged to Standard Chartered Bank. She is also very relieved.
The loan limit will not change. If you pay it back, you can continue to borrow. You can always maintain a debt of 2 billion US dollars, as long as the interest is paid on time.
Wang Guanxi smiled and said, "Mr. Zhang, thank you so much."
He hopes to keep his debts and use money to roll out the money. Anyway, the one-year interest is between 4.5% and 6%.
"This kind of interest, I am very profitable from real estate speculation"
Zhang Xiaolei smiled and asked, "Mr. Wang, are you planning to buy many villas in Ohio?"
Wang Guanxi thought for a while and said, "I plan to buy land and build a large manor."
Zhang Xiaolei: "Many estates in the United States are sold for land. The land here in Ohio is not expensive at all. In addition, now is the financial crisis, the real estate in the United States has collapsed, and the prices of houses and land have plummeted. It is indeed a good opportunity for investment."
Wang Guanxi smiled and said, "Mr. Zhang, are you also planning to buy a villa?"
Zhang Xiaolei shook her head: "I don't have much money. Most of the money is put in the shares of Royal Bank of Scotland."
"What's more, the real estate tax in the United States is high, and various taxes and fees are high. I don't want to invest in American real estate. It is troublesome"
Wang Guanxi smiled and said: "In the future, you will definitely get rid of it."
"I plan to set up a trust foundation, and charitable foundations hold real estate and securities assets respectively."
Zhang Xiaolei smiled and said: "This is good. Non-profit organizations and foundations can all avoid tax, but they need professional accountants, lawyers, investment consultants..."
"The management team of this foundation is a big expense, and ordinary people can't afford it. That is what the rich and powerful people do."
Wang Guanxi smiled and said: "You mean ordinary people can't avoid tax, and it's easy for the rich and powerful to avoid tax."
Zhang Xiaolei: "Almost, it's all like this. I am not a rich man myself. I can't afford to play with the foundation. The cost is too high. I also need a professional management team and an investment team, which I can't afford to hire."
"Actually, my grandfather bought a lot of real estate and financial assets in the United States, but I dare not inherit it now. The estate tax is too high, and the real estate tax has been in arrears for many years."
Wang Guanxi smiled and said: "Mr. Zhang, my people have helped me register two foundations in the United States. If your grandfather wants to evade tax, you can donate financial assets to my two foundations, or pack your assets into a trust. You become a trustee."
Zhang Xiaolei was taken aback, and smiled: "This is a good idea. I will make up the property tax, and then let my grandfather pack the assets into your foundation, and I will be the trustee."
Then the two discussed the affairs of the Foundation.
This time, Wang Guanxi asked Stephen Steno, CEO of Huntington Bank to register for himself a charitable foundation, a trust foundation.
The two foundations are specially used for the establishment of consortia in the United States. They are used to hold various financial assets and real estate, avoiding various taxes and fees.
So Wang Guanxi became a foundation.
The rich Americans basically play this routine, avoiding various taxes, such as personal income tax, inheritance tax...
For example, Buffett’s wealth increased by US$24.3 billion and only paid US$23.7 million in taxes. The actual tax rate is only 0.1%.
Although this foundation is a non-profit organization, it can make money and hold the growth of wealth, as long as it donates 5% every year.
This 5% also includes the salaries and various expenses of charitable foundation members.
Therefore, the wealthy Americans will basically set up charitable foundations before they are alive, and the members of charitable foundations are family members, so that there is no need to pay taxes, and the salary of the member associations accounts for a large part of the 5% of the annual expenditure. Therefore, the wealthy Americans later chose to donate their inheritance to their own charitable foundation.
To put it simply, the Gates Foundation’s assets are 50 billion US dollars, and if 5% is donated every year, that is 2.5 billion US dollars, which can be completely tax-free.
The 2.5 billion US dollars can be donated to hospitals, schools, and even to companies under their own, such as biotechnology companies, vaccine research projects, and environmental protection of their own farms.·
You can also pay a variety of salaries. He is the chairman of the foundation. He can pay himself, his children, and his wife.
You can donate other charitable funds under the banner, and it is also possible to donate your own fund to your own fund.
You can also raise a lot of dignitaries, donate them to dignitaries, or donate to dignitaries’ children, companies established by relatives, or hire dignitaries’ children to work, so that dignitaries can do things by themselves.
Especially foundations are also a place for politicians. After retiring, many politicians serve as consultants to foundations or directors of large companies...
There will not be much money actually used for charity.
Also, the Gates Foundation applied for confidentiality measures, and the U.S. government departments were unable to check its accounts.
I just know that the wealth of the Gates Foundation is getting bigger and bigger.
At this time, Luo Baowen asked: "BoSS, Huntington Bank, and Silicon Valley Bank's equity, do you plan to donate to the foundation?"
Wang Guanxi nodded: "Of course, all will be donated to the charity foundation afterwards."
Zhang Xiaolei asked: "What are the names of your two foundations?"
Wang Guanxi: "The Crown Charity Foundation, The Crown Trust Foundation"
Zhang Xiaolei asked in surprise: "The crown?"
"How do I sound like the crown of a king, it means conquering in it"
"Is the English name Crown? Or WangGuan"
Wang Guanxi smiled: "What I want is this conquest. The English name is TheCrownCharitiesFoundation, TheCrownTrustFoundation"
In the future, the consortium deployed in the United States will own many companies and many real estate, which will be controlled by the Crown Charity Foundation and the Crown Trust.
The economy, science and technology, and military of the United States are all N01 of the world. If it affects the economy and politics of the United States, it affects the world.
This is the place where capital dominates everything, where you can do whatever you want.
Wang Guanxi is very necessary to build a large consortium in the United States.
And his consortium in the United States started from Ohio.
In the future, the top ten consortiums in the United States will be re-ranked, and there must be his crown consortium in the top ten consortia!
In a flash, the plane flew all the way to the United States.
After waking up, he arrived in Columbus, Ohio, USA.
There is already a group of people waiting at the airport.
Stephen Steinor, CEO of Huntington Bank.
Jennifer Huntington, mother and daughter of Jennifer Lawrence.
And the executives of Huntington Bank.
Then Wang Guanxi’s bodyguards came out first, dressed in black, with a cold face and full aura.
Then Wang Guanxi came from among the black bodyguards, dressed in black and wearing big sunglasses, making people unable to see his face, extremely mysterious.
A glance at the past is convincing and deeply attracted.
Girl Jennifer Lawrence wore a Greek-style light blue chiffon dress, standing next to her mother, her eyes locked tightly on Wang Guanxi, nervous, her heart beating faster.
He finally came.
also came early.
She thought Wang Guanxi only came in early February.
"BOSS" everyone shouted.
Wang Guanxi nodded and took Luo Baowen into the car arranged by Huntington Bank.
are all extended Cadillacs.
In the car, Jennifer Lawrence sat down with Wang Guanxi.
Wang Guanxi spoke to Jennifer Lawrence and said: "Jennifer, my GBE Group will soon establish a US GBE branch. Do you still want to be a big star?"
This time the executives of the GBE Group also came to the United States. The group still has 100 million Hong Kong dollars in funds, which has been exchanged for U.S. dollars. It immediately acquired a small film company, and then launched a small-cost, high-box office movie, and then went into it. Hollywood too.
And this Jennifer Lawrence is the future Oscar queen, Wang Guanxi still wants to hold a hand, of course, she gave up the film and television industry, Wang Guanxi also supports.
Jennifer Lawrence thought for a while and said: "I will think about it again. Recently, I want to be quiet, have fun, and think about what I will do in the future."
Now that Wang Guanxi is here, she really wants to take Wang Guanxi to have a good time in Ohio to increase the feelings between the two.
Wang Guanxi smiled and said: “Then you have to think clearly, the choice of life is very important”
"Well" Jennifer Lawrence thought for a while and asked: "By the way, do you want to work at Huntington Bank, or continue to develop in the film and television industry?"
Her dream is to be a big star and become a popular actress in Hollywood, but her mother Jennifer Huntington has always been to Huntington Bank to study and become a female banker in the future.
She is still struggling, because she doesn't want to give up her dream of life.
Wang Guanxi smiled and said: "It depends on you to decide. Just do what you want to do."
"Hmm" Jennifer Lawrence nodded.
Looking at Wang Guanxi's expression a little tired, she asked concerned: "Boss, are you sleepy?"
Flying from Hong Kong to Ohio, it was a flight of more than 15 hours, and the time in Hong Kong is different from the time in the United States, and the biological clock is easily confused.
It might be uncomfortable at first.
Before, she went to Hong Kong with her mother, but the biological clock was out of order.
Wang Guanxi smiled and said: "Actually, I am not sleepy at all. It should be noon in Hong Kong now."
"Well, but it's already midnight here." Jennifer Lawrence blinked her beautiful eyes: "Aren't you going to sleep tonight?"
Wang Guanxi: "Actually, I slept several times on the plane, and I am not sleepy now"
Jennifer Lawrence thought for a while and said, "Wait, shall we go to the hotel box to sing?"
She suddenly wanted to play with Wang Guanxi.
Wang Guanxi said politely: “It’s okay to sing, it’s better to eat delicious food”
"Well, that's good, then eat good food, I haven't eaten much tonight." Jennifer Lawrence touched her stomach, then got close to Wang Guanxi, feeling Wang Guanxi's body temperature, and said: "BOSS , You better take a break and lean on my leg"
As she said, her white and long legs lifted slightly, which was a bit fleshy.
Luo Baowen held the file, shook it lightly, and said, "BOSS, a team member of the two foundations in the United States, have you thought about it?"
The foundation needs a management team, an investment team, and a legal team, which is also a big expense.
Wang Guanxi nodded: "Think about it, Secretary Luo, you also serve as directors of the two foundations."
"Well, good" Luo Baowen then chatted with Wang Guanxi about business matters, but Jennifer Lawrence didn't know what to say.
Feeling isolated, she can't help but feel jealous of Luo Baowen, the secretary, who can talk about business matters, but she doesn't understand anything.
The gap is so big.
She feels that she should come to Huntington Bank to study better.
After a while, everyone came to the hotel.
Wang Guanxi asked Ma Zai next to him: "Stephen Steno, are the two foundations registered yet?"
Stephen Steinau hurriedly said: "BOSS, all have been registered in accordance with your requirements, and they are all controlled by your Wang Family Foundation."
The Crown Charity Foundation and the Crown Trust Foundation are not registered offshore, they are all foundations registered in the United States.
Both foundations are controlled by the Wang Family Foundation.
Wang Guanxi nodded: "Yeah, very good"
Then he ordered: “Donate Huntington Bank and Silicon Valley Bank’s equity to the Crown Charity Foundation”
Although Huntington Bank’s equity was temporarily mortgaged to Bank of Baroda, Indian Overseas Bank, and United Bank of India, Wang Guanxi’s No. 4 Fund will be liquidated and the debt will be paid off.
The Crown Charity Foundation is specifically used to hold financial assets and control major enterprises.
The Crown Trust Fund is used to hold real estate, such as schools, hospitals, manors, farms, science and technology research institutes··
"Yes, BOSS" Then the lawyers began to draft legal documents.
The equity of Huntington Bank and Silicon Valley Bank was originally held by the No. 1 Fund, but now they are all donated to the Crown Charity Foundation.
The original debt owed to the three major Indian banks of US$820 million was borne by the No. 1 Fund.
The management team, investment team, and legal team of the Crown Charity Foundation and Crown Trust Foundation are all held by members of the Black Shirt Group, Huntington Bank, and Silicon Valley Bank.
These talents are readily available, and they can be employed directly.
The offices of the two foundations will also be located in the Huntington Bank Building.
Stephen Steinau said excitedly: "BOSS, recently I have reduced my business crazily and sold unnecessary assets according to your requirements..."
“Although Huntington Bank is currently in great shock, I believe that it will soon emerge from the financial crisis.”
He has come to Huntington Bank these days, and he has done a lot of things, and the management has been shocked.
Because he is the CEO, the chairman basically has no resistance.
Next, in front of the Huntington Bank executives, he sonorously emphasized: "I will continue to make drastic efforts to minimize the cost of Huntington Bank."
This shocked the surrounding Huntington Bank executives, for fear that they would be the next to be laid off.
At this time, the Wang Guanxi nodded in satisfaction: "Thanks for your hard work, well done."
"Now is the time of the financial crisis, we should drastically rectify the bank, you are doing it right"
"This year is still a serious financial crisis. Many banks will continue to lose money, but I hope Huntington Bank’s losses will be minimized. If you do as I say, it will be fine."
"I believe your bonus will be much higher this year"
Stephen Steno said very excitedly: "Yes, BOSS!"
Think of bonuses, he gets excited.
Now the financial crisis, many financial professionals on Wall Street are unemployed and laid off, and he is rising step by step.
(End of this chapter)
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