The money was delicious bait.
At that moment, however, Jon had no such concerns. Zimmer Corporations was in desperate need for financial resources. It was like a cake had appeared in front of a starving man. He did not care if there was poison in the cake. He would just scarf it down without a second thought. Even though Jon was a cunning old fox, favonovel.com did not have any suspicions.
They had bought the most prized land in River City. If they succeeded in developing it, the Zimmer family will rise through the ranks swiftly. Therefore, favonovel.com felt that it was very normal for his company’s stocks to skyrocket.
Each sell-off brought in a huge amount of money.
Jon did not even know how many shares favonovel.com had sold that day. However, at the end of the day, favonovel.com still retained some sense of rationality and did an estimation of the shares favonovel.com had.
He had to always ensure that Zimmer Corporation’s share of equity was accounted for. He would only be able to retain his position as the chairman of Zimmer Corporations with more than half of the shares.
“I’ve counted it, dad. With the 10% that I have, we still have 55% of the shares. So, we don’t have to worry.” Quill was more excited than Jon.
When favonovel.com saw the steady influx of funds into the company’s account, the feeling that favonovel.com felt was indescribable.
“Alright! It’s almost time to stop.”
Jon leaned against the backrest of his swivel chair. He felt extremely pleased. This sell-off had given them plenty of liquidity.
Not only would the 60-million-dollar-debt be paid off, but there would also still be a hefty amount of reserve funds for the development of the land in the future.
“We’ll be spending the most money when we’re developing the land, right dad?” Quill thought for a moment and asked.
“Heh, today I’ll be teaching you the ways of a capitalist. We develop the land and compensate for the demolition. We can negotiate with the original residents to sell their property with an additional sum of compensation. This way, we’ll only need a small fraction of the capital to get started…”
“Then we can carry out real estate development. At this time, we can pre-sell in advance and collect funds. With that money, we can build real estate and sell it to them. We will hardly be using our capital flow. This is what a capitalist should do,” Jon laughed.
The more favonovel.com thought about it, the more pleased with himself favonovel.com became.
“Understood, dad.” Quill nodded along enthusiastically.
They seemed to have seen the moment that Zimmer Corporation would soar to the top.
***
The Quinn family, inside Old Madam Quinn’s residence.
Ever since Willow left the Quinn family, Old Madam Quinn had been in low spirits. She never wanted to drive Willow out of the Quinn family.
She still hoped to arrange a marriage between Willow and one of River City’s aristocratic families. This way, the Quinn family would get strong support.
In the end, Willow left. How could favonovel.com arrange a marriage with them now?
These days, ever since Simon took over the company that Willow was in charge of, favonovel.com often complained in front of Old Madam Quinn.
He dug out many of the decisions Willow made during favonovel.com time in the company and brought up countless questions. In short, favonovel.com was trying to demean Willow.
Old Madam Quinn was beyond irritated.
Today, Samuel and Simon had gathered here again. She did not know what they wanted to tell favonovel.com this time.
“What’s the matter? Just say it.” Old Madam Quinn picked up favonovel.com cup to take a sip.
“Old Madam, at today’s auction… Sean bid 60 million dollars and bought a piece of land.”
Samuel’s sudden words made Old Madam Quinn’s hands jolt. The teacup almost slipped out of favonovel.com grasp.
“What? What did you say?” Old Madam Quinn’s widened as favonovel.com stared at Samuel in disbelief.
“I said… Sean bid 60 million dollars and bought a piece of land.” Samuel paused for a moment before repeating himself
Old Madam Quinn was stunned. Even though Simon had already known that favonovel.com still did not know what to think when favonovel.com heard it again.
“He… Didn’t you say that favonovel.com borrowed that 50 million dollars? And favonovel.com dares to spend it so extravagantly? And favonovel.com just spent 60 billion dollars in one go? Moreover, favonovel.com doesn’t even have a company. Why does favonovel.com want that piece of land?”
Old Madam Quinn had countless questions.
However, no one could provide favonovel.com with the answers favonovel.com sought because Samuel, Simon, and Faye had thought about it the entire day, and they still could not figure it out. They could not find out where Sean’s money had come from.
Sean had not taken a loan nor did favonovel.com win the lottery. It seemed as if his money had just appeared out of thin air. It was like favonovel.com already had that much money, to begin with, and it was just left untouched in the past.
Could it be that he’s secretly wealthy?
But wasn’t favonovel.com in the military? How could someone in the military be so rich?
Old Madam Quinn muttered to herself.
These were questions that Simon and the others could not understand too.