Chapter 1076: 368. Grain Merchants and the NBA

However, after completing the transactions with the Rockefeller and New Woburg Company, Cafe Jackson immediately reported the matter to Donnie.

“Don’t forget to transfer the dividend from this income to Morgan and Mellon first!”

Donnie reminded Cafe Jackson.

In the 1920s, no consortium could ignore an income of over a hundred million.

Even though Donnie maintained good relations with Morgan and Mellon, he wouldn’t make mistakes regarding this matter.

“Understood, I’ve already contacted both of them, and the transfer process has already begun!”

Cafe Jackson reported to Donnie.

After hearing this, Donnie nodded in satisfaction and smiled, “Also, distribute the bonuses to everyone involved in this matter, including yours, go ahead and distribute them all!”

To get a horse to run, you need to feed it well, Donnie understood this principle.

He didn’t believe that everyone followed him just because they were enamored with his charisma.

In Donnie’s eyes, the so-called charisma is the biggest joke. Without interests, even if you’re charismatic, you’re just nothing!

Cafe Jackson’s voice trembled slightly, if according to Donnie’s previous instructions on the dividend proportion, this time he could at least receive tens of millions of US Dollars in bonuses.

This means that Cafe Jackson has become a newly minted billionaire in the United States!

With this money, as long as he can invest successfully in the future, the Jackson Family also has a potential chance to become one of the families in the United States!

“Thank you, boss!”

Donnie smiled and said, “This is what you deserve. No need to thank me!”

Cafe Jackson said, “So what should we do next? I believe many people will be watching us!”

Before this, Venus Bank had always declared to the outside world that their investment this time was for a larger plan.

Involving an investment of hundreds of millions, in this era, this was the top-tier investment!

Donnie once again fell into the dilemma of happiness. This money would not sit in the bank earning interest, so it could only be invested, which is the optimal solution to maximize the benefits of this fund.

“How is the cinema setup progressing?” Donnie asked Cafe Jackson.

After earning income from the European bond market, Donnie had already begun planning the nationwide cinema setup.

“We have now completed the setup in the West, and we are already the largest cinema company there!” Cafe Jackson said in a somewhat indifferent tone, as this business was a trivial investment for Venus Bank.

Donnie smiled and said, “Then start the nationwide setup. I need us to become the largest theatre company in the United States by 1930!”

Cafe Jackson didn’t expect Donnie to want to put this fund into the film industry: “Boss, even if so, it won’t use up much cash!”

Although Cafe Jackson didn’t understand Donnie’s decision, he would still loyally follow Donnie’s requests.

Cafe Jackson didn’t know that every development in the film industry actually accompanied the arrival of an economic crisis.

During periods of fast economic growth, people had money in hand, so they had more entertainment activities, with movies being just a negligible option.

But when an economic crisis arrives, people’s pockets tighten, and fewer entertainment choices remain, making movies, which consume time and cost little, gradually gaining attention.

This was indeed the case. Take Hollywood as an example, entering the 30s, the United States entered the Great Depression, industries faced significant declines.

Only Hollywood films surged against the current, suddenly becoming the most developed film country globally!

Donnie saw this moment.

Now in Hollywood, Donnie invested in United Artists and Disney, with no worries about film sources, allowing confident acquisition of more cinemas!

“As for the rest, go and discuss with those southern Farmers, I want to buy more farmland!”

Donnie’s decision again shocked Cafe Jackson, as Venus Bank had just sold off higher commercial value land and now wants to buy farmland?

“Boss, you want to do agriculture?” This time, Cafe Jackson couldn’t hold back and asked Donnie.

Donnie chuckled over the phone, “What? You think agriculture has no future?”

“No!” Cafe Jackson hurriedly said, “I just didn’t expect you’d focus on agriculture!”

The four basic elements of people’s livelihood: clothing, food, housing, and transportation, with food being the top priority.

The subsequent four grain merchants almost monopolized global grain prices. They seem less influential in North America compared to arms dealers, but they can be said to control the world’s grain, appearing more low-key than those arms dealers.

Donnie needs to add more bargaining chips on Venus Group, preventing a change in history due to his appearance and becoming a pawn for some strong individual.

So Donnie must control this important industry – grain!

What favored Donnie was that the global top four grain merchants, ADM, Bunge, Cargill, and Louis Dreyfus, had not fully developed. Louis Dreyfus being a French company can be temporarily skipped, not within Donnie’s consideration, moreover Bunge was only moving its company to the United States in 1935.