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Chapter 10: The Great Smith(2/2)

120,450 ounces of gold.

Abel couldn't help but be shocked when he heard this number.

He quickly calculated in his mind.

One ounce of gold is 31.1 grams.

120,450 ounces....This calculation is too troublesome.

It is now 2000, and Abel remembers that when he left New York, the international gold price he saw was 356 US dollars an ounce.

In other words, the Smith family stores 120,450x356 US dollars of gold.

It's about $42.88 million.

After such a conversion, the shock of 120,450 ounces of gold suddenly subsided a lot.

In other words, the Smith family, who are powerful and influential in Tarrant County, are even more influential than those oil guys.

The total assets added up, including the gold, are actually less than 170 million US dollars.

Although, in 2000, a net worth of US$170 million was actually quite impressive.

Because at this time, a certain net worth was exposed in the newspaper, which was only about 1.1 billion US dollars.

If liabilities are deducted, the net assets are estimated to be at most two to three billion US dollars.

Who knows? The main business is real estate, and real estate has always been one of the industries with the highest debt ratio.

After his thoughts wandered for a moment, Abel straightened his expression.

He looked at Alexander Smith seriously and said seriously:
Chapter completed!
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