Road to becoming the wealthiest: Starting From Treasure Hunting in the Cabinets -
Chapter 127 - 126: Spending a Lot of Money!
Chapter 127: Chapter 126: Spending a Lot of Money!
Sean arrived early, and there were only five people in the freight yard.
Those who recognized Sean came over to greet him, and he responded with a smile.
Soon, Mr. Madden, Hamilton Diaz, Diana Smith, and the Ralph Brothers all arrived.
Elder and Little Joey didn’t arrive, which surprised Sean.
Then the Auctioneer arrived, and it turned out to be Mr. Cook.
Sean felt that Mr. Cook was becoming more and more powerful now, and he could also invite him to be the auctioneer for his own freight yard’s container auction.
Seeing Sean appear again, Diana came over and asked with a smile:
"Sean, I heard you inherited a billionaire’s estate and even went out to sea with a woman over the weekend?"
As soon as she said this, many people looked over, showing curious and gossiping expressions.
Even Mr. Madden came over with curiosity.
It seemed that everyone had a love for gossip, regardless of age or gender.
Sean thought it was a good opportunity to talk about his freight yard, so he nodded and said:
"It’s true. But it also saddled me with a lot of debt."
"Why?" Ralph Turner asked, puzzled.
Sean secretly praised him for his good engagement, and said indignantly:
"What else could it be? Because of the damn tax laws! Because of the damn Inheritance Tax! I inherited a lot of real estate, but the damn tax department wants me to pay tens of millions of dollars in inheritance tax. Where am I supposed to get that kind of money?"
Hearing about the over 30 million-dollar inheritance tax, most of the people present were shocked.
If it reached over 30 million, it was apparent that it was the top tax rate.
But if it was all real estate, it was really difficult!
After all, before paying the inheritance tax, one is not allowed to dispose of the inheritance at will!
And inheritance tax has a deadline. If it’s not paid by the deadline, the inheritance will be confiscated and auctioned off.
Although there are provisions for installment payments, how many installments could there be?
It’s over 30 million dollars, after all!
Many people looked at Sean with pity or schadenfreude expressions.
With a huge inheritance in front of him but unable to pay the massive tax bill, this kind of pain is not something ordinary people can enjoy.
"So, I’m planning to hold a Container Bidding in my freight yard tomorrow morning and afternoon. I hope everyone will come and participate!"
This news surprised many people.
After all, just a second ago, Sean was still angry with the damn tax department, which was the same as everyone else’s thoughts.
In the next second, Sean started advertising, and the pace of change seemed a bit fast!
However, if there is a container auction, these people are bound to participate!
After Sean finished speaking, he went to Mr. Cook:
"Mr. Cook, I’d like to invite you to be the auctioneer for that event. Are you willing?"
"Of course, no problem!" Mr. Cook nodded with a smile.
Then the auction began.
This time there were four containers to be auctioned, and Sean scanned them only to find that there were still no particularly valuable items.
He only increased the price twice and didn’t finally win any auctions.
In the afternoon, Sean participated in another auction, this time with six containers up for bidding, so more people came.
Before the auction, Sean once again loudly recounted his experiences and the trust that his freight yard would auction off containers, and then began participating.
Of the six containers, one had a brand new cargo lift inside.
This kind of thing, when new, is worth at least over 30,000 dollars.
Since it was covered with waterproof cloth, the bidding was very fierce.
Sean Knight spent 21,000 dollars to win the bid.
When he opened the container, he didn’t hide it this time. He lifted the waterproof cloth and revealed the lift inside.
Then Sean sealed the door and auctioned it off again.
This time he bid high - 18,000 US Dollars, and got a container full of packaging boxes.
However, when he opened it, he found that it was full of ping pong balls!
There were seventy or eighty boxes of ping pong balls and a few boxes of bats.
Although there were many, the total value was no more than about 12,000 dollars.
He lost about 6,000 dollars.
Some people breathed a sigh of relief.
These people all knew that Sean had good luck, and the things he bid on were often worth money and very profitable.
So when Sean got a valuable lift again, some people started to speculate, would there be some ability in his freight yard to pick out the valuable containers and leave some worthless ones for auction?
However, when Sean bid on the ping pong ball container and opened it in front of everyone, losing money, many people were relieved.
Although, on the surface, Sean appeared calm, some people could see from subtle expressions that he was not very happy, and it seemed that his lips were not saying nice things.
That’s enough to say that this Chinese boy, Sean, has his failures too.
They would go to his freight yard tomorrow, give some support, and see if they could pick up a bargain.
After all, it’s good to be associated with good luck boy’s fortune.
Early the next day, Sean came to the freight yard and saw that Jason and others had already arrived and had set up the containers to be auctioned in the middle of the vacant land according to his arrangements yesterday.
There was a gap of more than ten meters between each container to avoid congestion and leave space for trucks to load goods.
After a while, treasure hunters arrived one after another. When they saw Sean, some people greeted him, and others asked:
"Sean, are you participating in the auction today?"
"No, I won’t participate today. I’ll leave the opportunity to make money to you guys."
Everyone liked Sean’s words and laughed one after another.
Harmony brings wealth, right!
Twenty minutes later, the auction time arrived. Mr. Cook and the wealthy treasure hunters arrived. People Sean knew like Mr. Madden, Diana Smith, Elder and Little Joey, Hamilton Diaz, Ralph Turner, and the others were all there.
And today’s attendance was the largest Sean had ever seen!
This made Sean very satisfied.
Mr. Cook started the auction with great enthusiasm today, using his tongue like a lark, setting the mood just right—the first container was filled with various cables. Mr. Madden launched his bid raising tactic right away, raising the reserve price of 500 dollars directly to 5,000 dollars!
Such a profit!
Sean thought, just with this one container, he would be able to cover all the costs!
In the end, the first container was sold for 9,100 dollars.
Mr. Madden immediately started packing up, with many people staying to watch.
As Mr. Madden dragged out rolls of copper cables, some people began to estimate that the items in this container could be sold for 13,000 U.S. Dollars without any problem!
Maybe even more!
So, everyone immediately got excited!
The auction atmosphere heated up as people saw Mr. Madden making money, especially the wealthy folks. Diana got all excited and started outbidding Hamilton Diaz.
The second container, which had a waterproof cloth covering something inside, was well-regarded by everyone. In the end, the deep-pocketed Diana and Hamilton pushed the price up to 37,000 dollars, and Diana won!
When she lifted the waterproof cloth and saw an antique car inside, she let out a scream of delight—this car was worth at least fifty thousand dollars!
The auction atmosphere became even more explosive!
Something even Sean didn’t anticipate!
But for him, this was good news!
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