Manufacturing Empire in the Valley

Chapter 1549 Morgan and Rockefeller

According to the regulations of Citibank, each black card member needs to walk the red carpet alone when entering the venue, and cannot walk with other rich people.And no matter how high your status is, you only have 30 seconds to walk the red carpet.

This is mainly to reflect the fairness of Citibank, and at the same time give new black card members a chance to show themselves and avoid them feeling isolated.

What would the new black card members think if the acquaintances of the wealthy entered the venue together talking and laughing?These newcomers are all potential stocks in the eyes of Citibank. In order to take care of their feelings, Citibank will formulate such rules.

John first took people to the red carpet. Although he came from the Rockefeller family, he did not do anything special. When he walked the red carpet, he only brought two entourages as required.

A person who looked like a host saw John walking on the red carpet, and immediately said: "Warmly welcome Mr. John Rockefeller to come to this year's Black Card Annual Meeting."

No matter which rich man it is, there is only one sentence in the introduction. As for the content of the introduction, it is necessary to seek the opinion of the rich man himself.

If the rich man is willing to disclose more personal information, he can be more detailed when introducing himself. If the rich man is unwilling to introduce himself in too much detail, he can only simplify the introduction.

John Rockefeller knew that it was impossible to hide his identity, because there were many acquaintances who knew him at the scene, even if he wanted to keep a low profile, he couldn't keep a low profile at all.That's why he allows supporters to say his name directly during introductions.

The name Rockefeller can be said to be very popular, and every newcomer and rich man who came to the black card annual meeting for the first time knows it.When the host announced the real name of John Rockefeller, many rich people who were waiting to walk on the red carpet exclaimed, and at the same time cast awe-inspiring eyes at John Rockefeller.

John Rockefeller smiled and waved as he walked forward, looking very approachable, without any airs.This won him the favor of many rich people.

After John Rockefeller walked through the red carpet and entered the banquet hall of the manor, another young man stepped onto the red carpet.This young man has a handsome appearance and a tall figure. From the looks alone, he is much more handsome than John Rockefeller.

The young man is also accompanied by two female companions, both of whom are of the most beautiful type in the world.After the young man stepped onto the red carpet, he smiled and nodded to everyone, giving people a warm and jade-like feeling.

The host introduced loudly: "Warmly welcome Mr. John Morgan to attend this year's Black Card Annual Meeting!"

Niu Xiaoqiang was whispering to Barbara at first, when he heard this name, he was taken aback immediately, and then turned his head to look over.

Barbara knew what Niu Xiaoqiang was thinking, she whispered: "You are right, this person is indeed from the Morgan family."

In the United States, the two titles of Morgan and Rockefeller are equally famous.Rockefeller controlled the oil industry, and the Morgan family controlled the financial industry. Both families are super families, the kind of existence that is incomparably rich.

Unlike Rockefeller's grandparents who started the Connaught family business from scratch, the Morgan family originated in the United Kingdom, and they themselves are the richest family in the United Kingdom.

Later, due to the rise of the United States, the elders of the Morgan family immediately realized that this was an opportunity to expand the family wealth.Through various investments, they established a financial empire in the United States. At its peak, the wealth of the Morgan family even surpassed that of the Rockefeller family.

Due to the particularity of the financial industry, the wealth of the Morgan family will fluctuate with the turmoil in the stock market and fund market. The Rockefeller family is different. They are mainly involved in industry. No matter whether the stock market rises or falls, their family's wealth is very stable.

Therefore, most of the time, the wealth of the Rockefeller family is higher than that of the Morgan family.

The two big families originally did not interfere with each other. You dig your oil, and I do my finances.Later, because the Morgan family was worried that the turmoil in the financial industry would cause a crisis of capital rupture for the family, they wanted to get involved in the industry and obtain a stable source of funds through the industry. As a result, the two parties competed.

If we say which kind of industry is the most reliable and has the least risk, it is undoubtedly the development of mineral resources.Oil is also a mineral resource, and it is also an indispensable pillar mineral resource. As long as you have a few super oil fields in your hands, you will definitely earn money faster than a money printing machine.

The Morgan family took a fancy to the oil industry, and through acquisitions and mergers, they quickly supported several large oil companies.

The actions of the Morgan family aroused the vigilance and resistance of the Rockefeller family. The oil industry is the foundation of the Rockefeller family. They will not allow powerful competitors to snatch their jobs.

Under the operation of the Rockefeller family, several large oil companies supported by the Morgan family quickly disappeared.After all, the Rockefeller family has been in the oil industry for many years, and its status and influence in this industry are unmatched. Even the wealthy and powerful Morgan family cannot compete with the Rockefeller family in the oil industry.

After being mercilessly defeated by the Rockefeller family's strategic plan to enter the oil industry, the Morgan family was not discouraged. They thought of another way, which was to use power to attack the arrogant Rockefeller family.

So soon after, there was an investigation of the Petroleum Antitrust Act against the Rockefeller family.The Rockefeller family never expected that the other party would play this trick. They were caught off guard and suffered heavy losses. They had to spin off two oil companies under their name, Exxon and Mobil Oil.

This incident happened decades ago, when the Rockefeller family lost nearly tens of billions of dollars in property. If calculated in terms of purchasing power, the tens of billions of dollars a few decades ago was equivalent to hundreds of billions today, and the Rockefeller family suffered heavy losses.

After being hit hard with a sap, the Rockefeller family was not idle. They planned secretly, and finally dealt with their own way in their own way, which also dealt a severe blow to the Morgan family.

More than ten years after the Rockefeller family was hit, the United States also launched an antitrust investigation against the Morgan family.Under the pressure of public opinion, the Morgan family had to divest a large number of industries under its name, such as Morgan Stanley, which was spun off from the Morgan family.

Although it still bears the name of Morgan in its name, in fact it has nothing to do with the Morgan family.

(End of this chapter)