Market Fluctuation

"One million and two hundred thousand. Going once, going twice, sold! Congratulations to Mr. Risfar for getting the Rawls Wine Cellar 1842 red wine."

John glanced at Risfar. Only he would spend 1.2 million on a bottle of wine.

Risfar had been running an ocean shipping company, GDB Ocean Shipping.

Its market value was twenty billion. GDB Ocean Shipping had 18 supercargo ships, four of which were ranked among the top ten cargo ships in the world.

GDB Ocean Shipping was also the largest shipping company in Europe, accounting for 21% of the total ocean imports and exports in Europe.

Now, GDB Ocean Shipping was planning to extend its influence to America.

While John himself was also quite rich, he knew that his wealth was insignificant before Risfar.

Risfar held 25% of the shares in GDB, that is, he had over five billion worth of assets.

Of course, it was only the market valuation. He obviously did not have that much money in his bank.