How can I justify myself as a Magnate if I don't indulge myself?

Having learned that Gu Heng had completely agreed, Will Riggs signaled to a passing employee to turn on the recording equipment, then stood up as if conducting a solemn ritual, bowing slightly and respectfully saying, "May I ask if Mr. Gu is willing to become our esteemed American Express Company black card member?"

Gu Heng looked at the solemn and dignified expressions of the people before him and couldn’t help but laugh, teasing, "I really can’t think of any reason to refuse. Perhaps Mr. Will could think of one for me?"

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Will Riggs’s mouth tilted upwards, his expression still respectful, but the pride on his face was more than evident: "On this Earth, very few people would refuse the invitation to our American Express Company’s black card, not even God, I believe."

"So please forgive me, Mr. Gu, for I can’t think of any reason for you to refuse, as even God wouldn’t be able to."

Listening to Will Riggs’s exaggerated remarks, Gu Heng shook his head with a smile...

Though his words were an overstatement...

It was undeniable that on this Earth, it was truly difficult to find someone who would refuse a black card that endowed one with the status of invisible nobility and an unlimited credit line...

As he spoke, Will Riggs took out a pure leather-bound covenant with gold embossing of a centurion pattern on the cover from his briefcase, even the contract itself probably worth a small fortune...

"As soon as Mr. Gu signs your name on this covenant, the privileges we just promised will take effect, and the 70,000 employees of the American Express Company worldwide will regard your interests as our honor! And we will strive to fulfill your every request!"

Gu Heng, looking at the sincere faces of the several people, felt somewhat speechless...

If they didn’t know they had become clients under their group, they might have thought they had bought the American Express Company and become their boss...

But to say it or not...

This level of extreme respect was probably only enjoyed by political heavyweights in China...

Someone like Gu Heng, who only had money and nothing else, could only enjoy this kind of utmost reverence in a capitalist country...

Taking the English-filled covenant, Gu Heng carefully looked through it, while Will Riggs continued to introduce, "After becoming an American Express Company black card member, you only need to pay a symbolic annual fee of 50 million US dollars. Other than that, there are no other duties you need to fulfill as stipulated in the covenant."

"The calculation of interest on the overdraft amount is also straightforward and clear; the annual interest rate for amounts under a hundred million US dollars is 4.72%, for amounts above one hundred million and under one billion US dollars, 6.22%, and for amounts over one billion US dollars, a uniform rate of 9.15%. Moreover, the first month is interest-free, which means that even if you spend ten billion US dollars, you just need to repay the principal plus 10.915 billion US dollars in interest after thirteen months."

"Of course, this limit is currently only allowed to be used for personal consumption overdrafts and excludes commercial use, as you know, American laws are very sensitive to various taxes. But if you need, you may contact our company, and we can manipulate the funds to convert this private consumption loan into a commercial loan. After all, you are our God, and in the face of God, law is nothing."

"However, I must remind you, Mr. Gu, if you do not pay back the interest on time or run into financial trouble, then our company may have to suspend all privileges of your black card. Of course, for a tycoon of your level, this is certainly not something to worry about."

Will Riggs spoke with sincerity. Why would the American Express Company give so many privileges with a black card? Isn’t it just to make money? If one can’t pay back the interest or goes bankrupt, why would they continue to provide services?

So Gu Heng didn’t take his words to heart, his face contemplative as if weighing the pros and cons, but in reality, he was calculating the base interest rates...

The annual interest on ten billion US dollars is 915 million US dollars, roughly equivalent to about 60 billion RMB...

But clearly, he was never going to spend ten billion US dollars...

Given his current consumption level, an overdraft limit of one billion US dollars would be the very most...

That meant he needed to pay an annual interest of 62.2 million US dollars to have the luxury of spending one billion US dollars at will?

Worth it!

62.2 million, roughly about 400 million RMB...

Indeed, very high.

But that’s only in the eyes of ordinary tycoons, Gu Heng was not among them.

If using the black card for indulgence, that one billion US dollars in Gu Heng’s hands could at the very least turn into two billion US dollars...

And that’s a conservative estimate!

It could even reach as high as ten billion US dollars...

Meaning he would only need to pay a cost of 400 million a year, to earn back tens of billions in wealth...

With this thought, Gu Heng no longer hesitated, took the pen from Will Riggs’s hand, and signed his name on the covenant book.

Seeing Gu Heng finish signing, Will Riggs’s heart finally settled, and along with the other representatives from the American Express Company, he simultaneously bowed to Gu Heng: "Congratulations, Mr. Gu, on becoming our most prestigious black card member of the American Express Company!"

As he spoke, he took out a small box from his briefcase and handed it to Gu Heng. @@novelbin@@

Gu Heng took the box and opened it, revealing a finely crafted card...

After playing with the card between his fingers for a moment, Gu Heng looked at Will Riggs and asked, "Didn’t Mr. Will just say it would take some time before the card could be delivered to me? What’s this?"