WoD:Viscount Alexander Morgan Westmoreland Vandervort the Third: Difference between revisions
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In 1861 William Vandervort and his associates were pushed out of the main business, which was then renamed to Dent & Co or just Dent's, and instead spun off the real estate subsidiary into its own independent business. This later merged into [https://en.wikipedia.org/wiki/Hongkong_Land Hongkong Land], with the Vandervort family owning a 20% stake in that business. Hongkong Land is still in operation today, being the single largest landlord in Central Hong Kong, with yearly revenue of 2.67 billion USD and assets worth over 38 billion. However, after living there for 8 years, the Earl decided to liquidate the family's holdings as well as sell off his family's stake in Hongkong Land. | In 1861 William Vandervort and his associates were pushed out of the main business, which was then renamed to Dent & Co or just Dent's, and instead spun off the real estate subsidiary into its own independent business. This later merged into [https://en.wikipedia.org/wiki/Hongkong_Land Hongkong Land], with the Vandervort family owning a 20% stake in that business. Hongkong Land is still in operation today, being the single largest landlord in Central Hong Kong, with yearly revenue of 2.67 billion USD and assets worth over 38 billion. However, after living there for 8 years, the Earl decided to liquidate the family's holdings as well as sell off his family's stake in Hongkong Land. | ||
The family also decided to sell off the mother's shipping business in 1996, which she had inherited only 6 years earlier. They correctly recognized that Hong Kong would not be able to compete with Shanghai as the main port of China. Afterwards the family moved to the family's estate in England, and have stayed there since. With the influx of cash from selling their stake in Hongkong Land as well as the sale of the shipping business they decided to invest in | The family also decided to sell off the mother's shipping business in 1996, which she had inherited only 6 years earlier. They correctly recognized that Hong Kong would not be able to compete with Shanghai as the main port of China. Afterwards the family moved to the family's estate in England, and have stayed there since. With the influx of cash from selling their stake in Hongkong Land as well as the sale of the shipping business they decided to invest a small part of it in buying land in the United States (where land is much cheaper). The rest of the proceeds were used to invest in two new businesses: energy and natural goods. | ||
Around this time organic farming was starting to become a serious business, and with the Organic Foods Production Act passed in 1990 there was now a national standard and a certification system for organic foods in the U.S. This helped to legitimize the industry, both in the US and abroad. The Vandervort family founded the [https://en.wikipedia.org/wiki/Hain_Celestial_Group Hain Celestial Group], focusing on natural foods and organic personal-care items, using their newly purchased agriculural lands to produce the needed goods. The Vandervort family has kept a 45% stake in that company, which has grown fast over the years. That stake in the company is now worth over 1 billion USD. | Around this time organic farming was starting to become a serious business, and with the Organic Foods Production Act passed in 1990 there was now a national standard and a certification system for organic foods in the U.S. This helped to legitimize the industry, both in the US and abroad. The Vandervort family founded the [https://en.wikipedia.org/wiki/Hain_Celestial_Group Hain Celestial Group], focusing on natural foods and organic personal-care items, using their newly purchased agriculural lands to produce the needed goods. The Vandervort family has kept a 45% stake in that company, which has grown fast over the years. That stake in the company is now worth over 1 billion USD. | ||
The other major business was started more recently, in 2010. His parents saw the rise of wind energy, and realized that their vast land holdings in the north of England were quite rich in wind energy potential. In fact, England overall has some of the best wind energy potential in all of Europe. Some of the leaseholds in Cumbria and Northumberland were due to expire, and so that land was used as the location for their new energy business. Their local political influence in those 2 northern counties allowed them to overcome the NIMBY objections, allowing them to get started. With a few successful wind turbine "farms" going online in 2016 they then looked for additional capital investment. Cumbria Wind Energy is now a growing business, and their stake in the company is worth over 2 billion USD. | |||
== Occult Ties == | == Occult Ties == | ||
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