The Consortium's Heir
The Consortium’s Heir By Benjamin Jnr Chapter 8
Chapter 8
Management, he naturally understood what a consortium was. It was safe to say that anyone who claimed to own a consortium was immensely wealthy! What was a consortium? You only qualified to say you owned a consortium when you had more than 50% shares in all the affiliated businesses involved! Darius looked at his grandfather differently. This revelation explained why everything here was so luxurious and why his grandfather butler was able to drive a car as expensive as a Rolls-Royce. However, there was a major flaw with what his grandfather told him. Even if he was the heir to the Reid Consortium, why had he never heard of any company bearing the Reid name? The fact that he was poor didn’t mean that he was ignorant. He knew many of the top companies in the world, and knew some prominent consortiums too. In fact, David Lesley father was even in charge of one of the 5-star restaurants in the Mayflower District. “Grandfather, you said I’m the heir to the Reid Consortium?” Darius asked. “Yes, you are.” His grandfather replied “But how come I’ve never heard of any top companies in the world bearing the Reid name? As a student of Business Management I’ve done a lot of research regarding top companies and I’ve never seen a company bearing the Reid name.” His grandfather however sighed when he heard his grandson’s question. However he didn’t blame him. It was expected, as only the heirs to the Reid Consortium knew how much power and wealth they controlled. His grandfather didn’t answer his question. Instead he stood up and walked over to the mahogany desk where several documents were littered. He picked up two of the documents and walked back to the chair he was seated before. He handed over the documents to Darius before speaking. “The companies listed there are all under the Reid Consortium. I have more than 90% shares in each of those companies. As a student of Business Management, you should have seen most, if not all of those companies.” Darius looked at his grandfather briefly before turning his gaze to the documents in his hands. However, not even a second had passed before Darius jaw dropped. He was utterly flabbergasted! He had thought that nothing would be able to shock him again, but what he saw had completely blown his mind away. In the documents were several top companies in the world, with the least company ranked 70th in the world, and their yearly revenue. Groove Inc. was ranked 17th in the world with a yearly revenue of $300B! Darius never knew that the streaming platform where his ex-girlfriend’s dinner date with David was streamed live belonged to his family. Nix Inc. was ranked 7th in the world with a yearly revenue of $600B! That was twice the amount Groove Inc. made! Darius knew a lot about Nix Inc. He even made a research about them in his second year of university. As the leading company in technology and electrical gadgets, they were a globally acclaimed company. Their ranking alone spoke volumes about the wealth they had. They were also the tenth wealthiest company in the world, yet this document
Inc. He even made a research about them
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