Chapter 1055 - 361, Rockefeller Family Suddenly Enters
"Haha..."
Donnie’s hearty laughter came through the phone, making Paul Warburg doubt Donnie’s health condition again.
Donnie, who could laugh like that, really didn’t seem like someone critically ill!
"Paul, even if I wanted to agree with you on this matter, do you have enough funds to buy it?"
Indeed, Paul Warburg had previously sold shares of Warburg Company, converting them into 333 million US Dollars in cash, but don’t forget, Paul Warburg then used 300 million US Dollars to buy Warburg Company’s land in Florida, valued at 500 million US Dollars at the time.
This means that, given the situation then, Paul Warburg effectively had only 33 million US Dollars, and he used this 33 million US Dollars to establish New Warburg Company.
But it must be said that Paul Warburg’s ability allowed him to use this 33 million US Dollars, through a snowballing method, to grow it to nearly 1 billion US Dollars during this period.
Don’t think this capital is exaggerated; first, the 500 million US Dollar land in Paul Warburg’s hands was real and completely owned by him, so he could indeed use this land as collateral to obtain more funds from the bank.