Rebirth of the Financial Crisis Sweeping the World

  Chapter 479 479 Crown University

  The acquisition of American Commercial Bank spent US$2.7 billion, while Wang Guanxi’s No. 1 Fund still has US$9.3 billion.

  After the acquisition of American Commercial Bank, Wang Guanxi’s banking layout in the United States has basically come to an end.

  At present, there are Fifth Third Bank and Huntington Bank in Central America.

  Western United States, there are East West Bank and Silicon Valley Bank.

  Hawaii, there is the Bank of Hawaii.

  In the eastern United States, there are American-made commercial banks.

  Wang Guanxi’s banking system almost radiates to all states in the United States.

  And this trip to the United States is almost over.

  There is one last thing to do. Wang Guanxi planned to call Luo Baowen. Luo Baowen came over and said, "BOSS, are we going to buy a private university now?"

  After returning to Ohio from California, Luo Baowen has been looking for private universities in Ohio.

When everyone was playing in Los Angeles last time, Wang Guanxi mentioned setting up a university, setting up various research institutes, and then studying the origins of mankind, human funds, world history, extraterrestrial life, artificial intelligence, biomedicine... field.

  It’s quite troublesome to set up a university directly. It’s better to buy one directly. At present, she has negotiated several universities.

  Wang Guanxi asked: "Secretary Luo, have you settled?"

  Before, he asked Baowen Luo to look for a private university in Ohio. It is better to be closer to Columbus, because his Crown Ranch is not far from Columbus.

  Luo Baowen nodded: "Well, I have found the University of Dayton, Denison University"

  "BOSS, the University of Dayton and Denison University are all prestigious universities in Ohio. At present, due to the economic crisis, the university has a lot of debt."

  "We have contacted their controllers. The University of Dayton ranks high and the price is more expensive"

  University of Dayton, Denison University is a private university in the city of Ohio, and the University of Dayton is in Dayton, next to Columbus, a certain distance from Columbus.

  And Denison University is not far from the outskirts of Columbus, very close to Wang Guanxi’s Crown Ranch.

  Wang Guanxi said: "Then buy Denison University!"

  "Yes, BOSS" Luo Baowen quickly contacted the controlling party of Denison University, which is the university controlled by the Denison Family Foundation.

  Denison University is also a non-profit organization. Basically, it does not make any money. The school relies on donations or student tuition to maintain operations.

  Basically, universities in the United States are non-profit organizations. There are not many money-making organizations. They can make money, but they also make very little money. If they continue to invest in the school, the controlling party cannot take away the profits of the school.

  Non-profit organizations such as colleges are basically money-burning gadgets. If there are no donations of various kinds, many schools will have to lose money.

   And this Denison University is located in Grantsville, Ohio, very close to Columbus. It is one of the top liberal arts colleges in the United States.

  It is equivalent to Kenyon College and Oberlin College as the Ohio Five School Alliance.

  This Dennison University was founded in 1831 and is the second oldest institution of higher learning in Ohio. It was once named the "Best Midwestern College" by the "Princeton Review" and ranked among the "2008 Top 50 Liberal Arts Colleges in the Country" by the "U.S. News and World Report".

  The Denison University campus covers an area of ​​1,100 acres, including a 400-acre biological reserve and a golf course belonging to the school.

  There are 2250 students registered to study, 43% males and 57% females.

  They come from 50 states and 37 other countries. The school has 226 full-time professors, making the teacher-student ratio 10:1, and the average class size is 17 students.

  The representative colors of the school are red and white.

  Denison University is also a unique boarding campus. The school requires all students to live on campus while providing a comfortable, high-tech community environment for all students.

  This is definitely the cradle of nurturing talents that students dream of.

  There have been some celebrities here.

  George Stibitz, the father of digital computers

  U.S. Attorney General JimPetro

  U.S. ambassador to the United Nations, nominated for three Nobel Peace Prize Tony.P.Hall

  Forestologist, Yao Chuanfa, founder of the Chinese Forestry Society

  Richard Lugar, Chairman of the Foreign Relations Committee of the U.S. Senate

  John Chain, Secretary of the U.S. Strategic Air Force Command

  Buying this university and repaying the university’s debts cost a total of 200 million U.S. dollars, which is a huge expense.

  More than 2,000 students, there is not much tuition for a year.

  Basically, it is impossible to recover any costs. This school is still a non-profit organization. Even if the school makes money every year, it cannot be taken away.

  It's really a money-losing business, but Wang Guanxi's acquisition of the school is of great use, not for making money.

  This transaction was completed through the Crown Trust. Wang Guanxi directly transferred 2.5 billion US dollars to the Crown Trust and paid 200 million US dollars to the Dennison Family Fund.

  The Crown Trust Foundation donated US$100 million to the university on the same day.

   and announced that the university will expand and will buy thousands of acres of land around it.

   then announced the expansion of enrollment of students around the world.

  A few days later, Wang Guanxi announced that Denison University would be changed to'Crown University'.

  At the same time, Crown University announced the establishment of the Institute of Medicine, the Institute of Biogenetics, the Institute of Artificial Intelligence, the Institute of Extraterrestrial Life, the Institute of Human History, and many other institutes.

  It takes a lot of money to establish so many research institutes.

  And this money will slowly be collected through donations from the foundation in the future.

  Next, Ford Motor Company, Macy’s, Messi’s Pizza Company, Huntington Bank, Fifth Third Bank, and Cardinal Health Group will cooperate with Crown University in the future to recruit students from this university.

  Of course, they will also donate, but if they donate, these companies will first donate to the Crown Charity Foundation, and then the Crown Charity Foundation to the Crown University.

  In this case, corporate donations to the Crown Charity Foundation can be tax deductible.

  The donations made by the Crown Charity Foundation to Crown University can also be tax deductible and tax-free.

  Just walk in the middle.

   And Denison University in Ohio, suddenly became the Crown University, which caused a huge reaction.

  But Ford Motor Company, Macy’s, Huntington Bank, Fifth Third Bank, Messi’s Pizza Company, and Cardinal Health Group have all announced cooperation with Wangguan University. In the future, companies will go to Wangguan University to recruit students.

  Be aware that there are three Fortune 500 companies!

   Suddenly many high school students want to apply for this university.

  Crown University is really famous.

  Then American Commercial Bank, East West Bank, Silicon Valley Bank, Facebook, Hawaiian Airlines, Hawaiian Bank, Uber, Twitter, Holden Housing Company...Tongtong spoke for Crown University.

  For a time, Crown University became popular in the United States, and many American high school students plan to apply for this university.

  (End of this chapter)