atypical hollywood life
Chapter 71
What woke Margaret up was a phone call from Harry Croft, the director of 'Cobalt Blue Sea'. Don't complain about the name of this bad street. Mr. Croft is actually a very handsome man. Even though he is 40 years old, he can still attract countless little girls or boys to bow down under his suit pants.
If you ask Margaret what is her greatest achievement in the past two years, she will not choose those patents born in the Caltech laboratory but choose 'Cobalt Blue Sea (Cobalt Blue Sea)', yes, you That's right, that's the name. Margaret used it directly as the name of her new company.
Ever since Margaret went to California to go to college, she has had a headache. Every month or every quarter, she regularly looks at the piles of various industry-related articles that are almost as high as hers. document.
Alexander believes that going to college means she has enough judgment.Out of the mentality of cultivating Hughes' financial literacy, even though Alexander, Margaret's property supervisor, could complete the pile of statements by himself, he still chose to make a copy of the completed financial statements and documents Express it to Margaret, let her experience the joy of reading for herself, and then ask her to write a summary report based on these data.
Margaret hated this job, she likes mathematics, but what she likes is the wonderful world instead of facing numbers every day, and she doesn't like to analyze the market, because she has no love for this.
For the first time in her life, Margaret worked hard to get rid of this annoying job. She even went to sit in on an economics class for a semester.It made the old professor who had taught Lex think that the Hughes family was going to have another financial tycoon, which was really a sad thing.
She then found a way out of this situation by convincing Lex to help her form a small company under which to put the shares of the various companies she owned in her name.It also includes some non-equity industries, such as real estate.And Margaret holds all the shares of the company and does not list it on the stock market, so she saves a lot of repetitive work, and the industrial adjustment and professionals after the integration basically free her mind.Just needing to put some thought into the quarterly and annual financial statements is a lot better than the miserable life she's been living on every 'report' day for over a year now.
Alexander Hughes also praised her for this kind of behavior. A wise person always knows how to let others do the work for her instead of working hard for her. Margaret quickly realized this, which made him very happy. Happy, so he gave Margaret another brilliant idea.
Convert the company to a foundation when necessary.
Of course, this is not the kind of charitable foundation or a real charitable foundation for the purpose of making money.The foundation that Alexander is talking about is closer to a trust fund.The taxes in the United States are too high. For the rich, the IRS peels off their skin layer by layer, drinks their blood, and doesn’t even let them die. The high inheritance tax makes many people because of Unable to pay and lose the eligibility to inherit family assets.
So trust funds came into being. This mechanism has been operating in the United States and Europe for many years. They can ensure that the family's property will not be embezzled by the vampire of the tax bureau and allow their children and grandchildren to still rely on the property of their grandparents. A good life.Many wealthy families in the United States, including the Hughes family, are beneficiaries of this mechanism.
Think about it, when will you see people such as the Rockefeller family, Morgan family, and DuPont family on the annual rich list?However, the wealth of these families is not inferior to those rich people on the wealth list, as well as those rich people in the Middle East. Their names cannot be found on various wealth rankings. Can you say that these people have no money?
And Margaret can only admire Alexander's way of honing her. She really deserves to be an old fox, a master.
Harry Croft is a veteran that Alexander helped her poach from Wall Street. It is easy for him to manage a small company. He would not have come if it hadn't been for a serious injury that damaged his physical functions. to this small company.
Today he brought Margaret news enough to get her out of bed immediately. Gucci applied to 'Azure Deep Sea' to be acquired.
Margaret was stunned by the news, so she blurted out without paying attention, "What does this have to do with me? I remember that there is no Gucci in my business, right? Gucci is in a hurry. ? Looking for someone to take advantage of and found me?"
"..." Harry Croft was silent for about a minute, and Margaret felt as if she heard him taking a deep breath..."
"Listen, boss, I think you need to review the property in your name, and I will send you a list later. But listen to me carefully now."
Harry Croft barely suppressed the raging flames in his heart. He really shouldn't have been persuaded by Lex to do this job. It was the first time he met an employer who was so indifferent to family property. The feeling was really indescribable.What I really want to say is probably the super taste of vodka mixed with cola and red wine.
"Ms. Miller bought about 1985% of the shares from Rodolfo Gucci in 20.00. Because she does not hold a controlling stake, this part has been in a state of dividends. But you know, the Gucci family has always been in a state of In a state of internal strife, none of the descendants of Guccio Gucci are successful, and they simply set the worst example for the family business."
Mr. Croft amply expressed his disdain for the black sheep of the Gucci family, who have brought such a brilliant brand to the brink of bankruptcy, but that's not the point of today.
"Gucci's performance has been declining in recent years. Investcorp, um, this is a Bahraini investment company from an Arab country. After saving Gucci, it cashed it out, just like they did with Tiffany, saving performance and going public. , Cash out one-stop. Originally this is nothing, but the problem is that after Gucci went public, LVMH (Moët Hennessy-Louis Vuitton Group) launched a hostile takeover of Gucci, but the group of shrewd Bahrainis left Gucci with a response The mechanism of hostile takeover, so they are now in a lawsuit, one sues the other party for hostile takeover and the other sues the other party for using illegal means to issue new shares.”
Taking a breath, Mr. Croft continued to tell Margaret the key point, "Gucci's management wants a major shareholder who is influential in the luxury industry but not as strong as LVMH. , it’s better to just take dividends regardless of things, just like what Investcorp did. Ms. Miller, uh, from her shareholding to her death, never appeared at Gucci’s shareholder meeting, and was always a proxy Attending for her and never expressing opinions, the management loves her to death, okay? Now it's your turn to hold shares, and still haven't changed the strategy for Gucci, compared to PPR (Kering Group) who are in contact with them They still like you better. So what we have to consider now is whether we should go to this muddy water and grab this piece of fat with LVMH."
Marguerite, who was stuffed with a bunch of Gucci grievances, felt like a hammer was knocked on the head.But fortunately, she still knows something about Gucci. According to various information, the acquisition of Gucci is indeed beneficial, so she held back for a long time and said, "Are we rich?"
Forgive her for not understanding the value of her properties. In her opinion, it is enough to eat well, wear clothes, and have money to play. She really can't separate her mind from that.
"Don't worry about this, the capital flow is enough to deal with the initial matters, and the follow-up matters can also be resolved through bank loans, so your decision is yes?"
Harry Croft's voice jumped up. As an old fox from Wall Street, what is his favorite thing to do?Of course, it’s making waves in the capital market. It’s so pleasant to fight against LVMH to grab things, isn’t it?LVMH, who also likes hostile takeovers, is a perfect match for Harry Croft.Licking his lips, Harry thought his blood was starting to boil a little.
"Then why are you hesitating, do it!" Margaret was also excited at the moment, don't forget her essence, bear!
If LVMH really succeeds in acquiring Gucci, then they will have to deal with themselves next. Judging from the consistent behavior of this famous French group that likes hostile mergers and acquisitions, after they successfully take over Gucci, they will definitely A series of measures were taken to kick her out of the company, and it was too easy for a large controlling consortium to kick her out.
It's not her style to be beaten so passively, if you dare to touch her things, you must be prepared to have an arm chopped off!Is she really a vegetarian?
Margaret was full of fighting spirit in an instant, "Harry, let it go, I fully support you, if LVMH plays tricks, I will ask Lex for help, if you want to touch my things, there is no way!"
Two people, one big and one small, who love to make troubles found a common language in an instant. At this moment, they felt that their hearts were very close, and their lives were fun again.
After finishing Croft, Margaret received a large package when she just wanted to eat something.When she took the package from the courier, she felt that her arms were heavy, how heavy it was.
After reading the sender’s name, she realized that it was Brian who sent her the item. At this moment, Margaret remembered that Brian seemed to have said that he sent her the script yesterday, “Your age is too embarrassing. , you are lucky to meet "Romeo and Juliet", if it weren't for the director Baz Luhrmann's insistence on wanting an actor who is about the same age as Juliet and the abandonment of Natalie Portman plus Leonardo DiCaprio's recommendation You will never have this opportunity, this kind of luck that requires many coincidences does not happen every time. Meg, you have been away from Hollywood for too long, even Scarlett, who is two years younger than you Johnson is almost more famous than you now, and the two-year gap is a terrible time. Fortunately, you have "Romeo and Juliet" to be released this year, which can re-raise your popularity. It's a pity that you didn't go there Berlin, or Best Actress is yours."
Brian Lord has always regretted that Margaret did not go to Berlin because of school reasons. This kind of award will not be awarded to actors who do not attend.After all, she was a movie queen, and thinking about it now, he felt pain in his heart, liver, spleen and lungs.What a crime!
So he found a lot of scripts for Margaret based on the resources in his hand, including many small-cost independent productions in Europe and children's films in the United States. Anyway, the popularity of Lala is also good.
Although the Oscar is the ultimate glory and ultimate goal pursued by American actors, I have never seen any actor suddenly become a god after winning the Oscar.In Hollywood, the hard currency is always the box office. Without the box office, you are not qualified to choose scripts, and those big commercial productions will not be your turn.Especially for child actors, even if they win an Oscar, it will not be of much use. On the contrary, it will be even more difficult to find a job because of the price increase after winning the award.Coupled with the age limit and the role limit, it is really difficult to break out of the siege. Although you can't get any awards by making a few more movies, at least the popularity is the basis for the box office. Isn't it so hard for many child stars? Did you come here?
Margaret didn't comment on Brian Lord's approach, she won't find a job, please, after graduating early next year, she will devote herself to a busy job, so she will have time to shoot these European art films that need to be slowly polished?And those children's entertainment films, forgive her, the generation gap is really not a joke, she really doesn't know where Brian can see that she has a sense of humor.
If you ask Margaret what is her greatest achievement in the past two years, she will not choose those patents born in the Caltech laboratory but choose 'Cobalt Blue Sea (Cobalt Blue Sea)', yes, you That's right, that's the name. Margaret used it directly as the name of her new company.
Ever since Margaret went to California to go to college, she has had a headache. Every month or every quarter, she regularly looks at the piles of various industry-related articles that are almost as high as hers. document.
Alexander believes that going to college means she has enough judgment.Out of the mentality of cultivating Hughes' financial literacy, even though Alexander, Margaret's property supervisor, could complete the pile of statements by himself, he still chose to make a copy of the completed financial statements and documents Express it to Margaret, let her experience the joy of reading for herself, and then ask her to write a summary report based on these data.
Margaret hated this job, she likes mathematics, but what she likes is the wonderful world instead of facing numbers every day, and she doesn't like to analyze the market, because she has no love for this.
For the first time in her life, Margaret worked hard to get rid of this annoying job. She even went to sit in on an economics class for a semester.It made the old professor who had taught Lex think that the Hughes family was going to have another financial tycoon, which was really a sad thing.
She then found a way out of this situation by convincing Lex to help her form a small company under which to put the shares of the various companies she owned in her name.It also includes some non-equity industries, such as real estate.And Margaret holds all the shares of the company and does not list it on the stock market, so she saves a lot of repetitive work, and the industrial adjustment and professionals after the integration basically free her mind.Just needing to put some thought into the quarterly and annual financial statements is a lot better than the miserable life she's been living on every 'report' day for over a year now.
Alexander Hughes also praised her for this kind of behavior. A wise person always knows how to let others do the work for her instead of working hard for her. Margaret quickly realized this, which made him very happy. Happy, so he gave Margaret another brilliant idea.
Convert the company to a foundation when necessary.
Of course, this is not the kind of charitable foundation or a real charitable foundation for the purpose of making money.The foundation that Alexander is talking about is closer to a trust fund.The taxes in the United States are too high. For the rich, the IRS peels off their skin layer by layer, drinks their blood, and doesn’t even let them die. The high inheritance tax makes many people because of Unable to pay and lose the eligibility to inherit family assets.
So trust funds came into being. This mechanism has been operating in the United States and Europe for many years. They can ensure that the family's property will not be embezzled by the vampire of the tax bureau and allow their children and grandchildren to still rely on the property of their grandparents. A good life.Many wealthy families in the United States, including the Hughes family, are beneficiaries of this mechanism.
Think about it, when will you see people such as the Rockefeller family, Morgan family, and DuPont family on the annual rich list?However, the wealth of these families is not inferior to those rich people on the wealth list, as well as those rich people in the Middle East. Their names cannot be found on various wealth rankings. Can you say that these people have no money?
And Margaret can only admire Alexander's way of honing her. She really deserves to be an old fox, a master.
Harry Croft is a veteran that Alexander helped her poach from Wall Street. It is easy for him to manage a small company. He would not have come if it hadn't been for a serious injury that damaged his physical functions. to this small company.
Today he brought Margaret news enough to get her out of bed immediately. Gucci applied to 'Azure Deep Sea' to be acquired.
Margaret was stunned by the news, so she blurted out without paying attention, "What does this have to do with me? I remember that there is no Gucci in my business, right? Gucci is in a hurry. ? Looking for someone to take advantage of and found me?"
"..." Harry Croft was silent for about a minute, and Margaret felt as if she heard him taking a deep breath..."
"Listen, boss, I think you need to review the property in your name, and I will send you a list later. But listen to me carefully now."
Harry Croft barely suppressed the raging flames in his heart. He really shouldn't have been persuaded by Lex to do this job. It was the first time he met an employer who was so indifferent to family property. The feeling was really indescribable.What I really want to say is probably the super taste of vodka mixed with cola and red wine.
"Ms. Miller bought about 1985% of the shares from Rodolfo Gucci in 20.00. Because she does not hold a controlling stake, this part has been in a state of dividends. But you know, the Gucci family has always been in a state of In a state of internal strife, none of the descendants of Guccio Gucci are successful, and they simply set the worst example for the family business."
Mr. Croft amply expressed his disdain for the black sheep of the Gucci family, who have brought such a brilliant brand to the brink of bankruptcy, but that's not the point of today.
"Gucci's performance has been declining in recent years. Investcorp, um, this is a Bahraini investment company from an Arab country. After saving Gucci, it cashed it out, just like they did with Tiffany, saving performance and going public. , Cash out one-stop. Originally this is nothing, but the problem is that after Gucci went public, LVMH (Moët Hennessy-Louis Vuitton Group) launched a hostile takeover of Gucci, but the group of shrewd Bahrainis left Gucci with a response The mechanism of hostile takeover, so they are now in a lawsuit, one sues the other party for hostile takeover and the other sues the other party for using illegal means to issue new shares.”
Taking a breath, Mr. Croft continued to tell Margaret the key point, "Gucci's management wants a major shareholder who is influential in the luxury industry but not as strong as LVMH. , it’s better to just take dividends regardless of things, just like what Investcorp did. Ms. Miller, uh, from her shareholding to her death, never appeared at Gucci’s shareholder meeting, and was always a proxy Attending for her and never expressing opinions, the management loves her to death, okay? Now it's your turn to hold shares, and still haven't changed the strategy for Gucci, compared to PPR (Kering Group) who are in contact with them They still like you better. So what we have to consider now is whether we should go to this muddy water and grab this piece of fat with LVMH."
Marguerite, who was stuffed with a bunch of Gucci grievances, felt like a hammer was knocked on the head.But fortunately, she still knows something about Gucci. According to various information, the acquisition of Gucci is indeed beneficial, so she held back for a long time and said, "Are we rich?"
Forgive her for not understanding the value of her properties. In her opinion, it is enough to eat well, wear clothes, and have money to play. She really can't separate her mind from that.
"Don't worry about this, the capital flow is enough to deal with the initial matters, and the follow-up matters can also be resolved through bank loans, so your decision is yes?"
Harry Croft's voice jumped up. As an old fox from Wall Street, what is his favorite thing to do?Of course, it’s making waves in the capital market. It’s so pleasant to fight against LVMH to grab things, isn’t it?LVMH, who also likes hostile takeovers, is a perfect match for Harry Croft.Licking his lips, Harry thought his blood was starting to boil a little.
"Then why are you hesitating, do it!" Margaret was also excited at the moment, don't forget her essence, bear!
If LVMH really succeeds in acquiring Gucci, then they will have to deal with themselves next. Judging from the consistent behavior of this famous French group that likes hostile mergers and acquisitions, after they successfully take over Gucci, they will definitely A series of measures were taken to kick her out of the company, and it was too easy for a large controlling consortium to kick her out.
It's not her style to be beaten so passively, if you dare to touch her things, you must be prepared to have an arm chopped off!Is she really a vegetarian?
Margaret was full of fighting spirit in an instant, "Harry, let it go, I fully support you, if LVMH plays tricks, I will ask Lex for help, if you want to touch my things, there is no way!"
Two people, one big and one small, who love to make troubles found a common language in an instant. At this moment, they felt that their hearts were very close, and their lives were fun again.
After finishing Croft, Margaret received a large package when she just wanted to eat something.When she took the package from the courier, she felt that her arms were heavy, how heavy it was.
After reading the sender’s name, she realized that it was Brian who sent her the item. At this moment, Margaret remembered that Brian seemed to have said that he sent her the script yesterday, “Your age is too embarrassing. , you are lucky to meet "Romeo and Juliet", if it weren't for the director Baz Luhrmann's insistence on wanting an actor who is about the same age as Juliet and the abandonment of Natalie Portman plus Leonardo DiCaprio's recommendation You will never have this opportunity, this kind of luck that requires many coincidences does not happen every time. Meg, you have been away from Hollywood for too long, even Scarlett, who is two years younger than you Johnson is almost more famous than you now, and the two-year gap is a terrible time. Fortunately, you have "Romeo and Juliet" to be released this year, which can re-raise your popularity. It's a pity that you didn't go there Berlin, or Best Actress is yours."
Brian Lord has always regretted that Margaret did not go to Berlin because of school reasons. This kind of award will not be awarded to actors who do not attend.After all, she was a movie queen, and thinking about it now, he felt pain in his heart, liver, spleen and lungs.What a crime!
So he found a lot of scripts for Margaret based on the resources in his hand, including many small-cost independent productions in Europe and children's films in the United States. Anyway, the popularity of Lala is also good.
Although the Oscar is the ultimate glory and ultimate goal pursued by American actors, I have never seen any actor suddenly become a god after winning the Oscar.In Hollywood, the hard currency is always the box office. Without the box office, you are not qualified to choose scripts, and those big commercial productions will not be your turn.Especially for child actors, even if they win an Oscar, it will not be of much use. On the contrary, it will be even more difficult to find a job because of the price increase after winning the award.Coupled with the age limit and the role limit, it is really difficult to break out of the siege. Although you can't get any awards by making a few more movies, at least the popularity is the basis for the box office. Isn't it so hard for many child stars? Did you come here?
Margaret didn't comment on Brian Lord's approach, she won't find a job, please, after graduating early next year, she will devote herself to a busy job, so she will have time to shoot these European art films that need to be slowly polished?And those children's entertainment films, forgive her, the generation gap is really not a joke, she really doesn't know where Brian can see that she has a sense of humor.
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