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What did oil tycoon Hammer do all his life?
Armand. hammer

Wealth archives

One of the most legendary figures in American business circles was once called "the God of Management" and "the God of Luck". In college, he became the first millionaire in the United States, and later became a trade agent of the United States and the Soviet Union, with political leaders in both east and west.

Deep friendship enjoys a high reputation all over the world.

Type of enterprise

Petroleum industry.

Growth record

Some people call him a "messenger of peace" to communicate East-West trade, others praise him as a "universal businessman" who is proficient in all walks of life, and some even marvel at him as a magical "business elf". Armand. Hammer, an American businessman who became a millionaire in college, was cordially received by Lenin. Established friendship with Khrushchev and Brezhnev; Friends with the king of Libya forever; It is closely related to American presidents Roosevelt, Eisenhower, Kennedy and Nixon. Deng Xiaoping personally invited him to visit China ... Hammer's life is like a poem, like a mystery, more like a strange book, and his story is the presentation of an era.

20-year-old adventure millionaire

1898 may 2 1, armand? Hammer was born in Bronx, new york, USA. His grandfather was a Russian Jew who immigrated to America. Father Julius? Hammer is one of the founders of the American Production Party. He worked as a foundry worker, ran a pharmacy and a pharmaceutical factory, and later became a doctor by studying for a medical degree. Hammer has received good education and strict training since childhood, and has keen judgment and innovative spirit.

19 17, Hammer entered the Medical College of Columbia University, where his father also studied. At that time, his father ran a pharmaceutical factory while practicing medicine, which was not used for a while, which led to the bankruptcy of the pharmaceutical factory. At this time, he let his son, who is quite talented in business, take over the precarious pharmaceutical factory.

In order not to delay his studies, Hammer invited a poor student with excellent academic performance to live with him, and provided room and board for another student free of charge, provided that the student went to class every day, took a lot of notes and brought them back to him at night so that he could cope with the exam and write a paper. With this learning "double body", hammer devoted himself to the management of the company. He reformed the company's management policy and marketing mode, organized a strong team of salesmen, and changed the company name to the resounding "United Chemical Pharmaceutical Company". The hammer finally rescued the precarious company from the brink of bankruptcy, and the number of employees increased from a dozen to 1500. Products sell well all over the country, and the company began to enter the ranks of large enterprises in the pharmaceutical industry.

In this way, the 20-year-old college student Hammer became a millionaire by his own efforts. At the same time, he not only completed all his studies in Columbia University Medical College as scheduled, but also won the gold medal awarded by the Honorary Bachelor Association of Medical College, so he did not delay his career and studies.

1920 in June, a great event happened. 1June, 920, Hammer's father was tried and imprisoned for medical accident. As one of the founders of the American Production Party, Old Hammer paid great attention to the Soviet Union and provided necessities for the blocked Bolshevik regime. This sudden change made the young hammer determined to fulfill his father's unfulfilled wish and go to the country where his father was born to help the Soviet Union overcome the spread of famine and typhoid fever there.

After a difficult journey, Hammer finally came to the Soviet Union. After the war, everything in the Soviet Union was in ruins. When Hammer visited the Urals, he saw miserable famine, disease and death, and a huge market. How many minerals are urgently needed to be mined and how many treasures are urgently needed to be sold. However, due to the poor export trade road, people can only starve in Baoshan. Hammer decided to change this situation with his own strength. He sent a telegram to his brother, asking him to buy wheat worth $6,543,800 in the United States and transport it to the port of Leningrad, the Soviet Union, in exchange for fur and minerals worth $6,543,800 as real estate by barter.

Hammer's courage was appreciated by Lenin, the great leader, but because of the endless debate in the party at that time, Lenin decided to give Hammer the right to vote, and established an extraordinary friendship with him in the voice of "I would rather starve to death than betray my motherland". Then, Hammer contacted more than 30 American companies such as Ford Motor Company, American Rubber Company and Alice-Charles Equipment Machinery Company to do business with the Soviet Union, and he was promoted to be the general representative of these companies in the Soviet Union. At the same time, under Lenin's questioning, he also served as the agent of Soviet trade with the United States, which made Hammer's business in the Soviet Union more and more prosperous.

192 1 year, Hammer read in an official newspaper in Moscow that the Soviet Union was about to launch a nationwide literacy campaign. After reading the news, he didn't take it to heart. However, when he was ready to return to China, he was surprised to find that there were few pencils in Soviet shops and they were very expensive. This is the wealth around you! He decided to start a pencil factory, although the idea was strongly opposed by his friends around him. But he always sticks to his own ideas. Although I don't know how to make a pencil, he knows how to use someone who knows how to do things. He hired technicians with high salaries and managed production by piece-rate system in the United States. As a result, the first annual output value reached $2.5 million. A few years later, the hammer not only met the needs of the Soviet pencil and pen market, but also exported to more than a dozen countries such as Britain. This factory soon became one of the largest pencil factories in the world and brought millions of dollars to Hammer.

The great achievement of the hammer has aroused great social repercussions. In order to work in Hammer's pencil factory, a young woman handed her job application to the chairman of the Supreme Soviet. However, the trees caught the wind, and newspapers began to publicly condemn Hammer and the new economic policy. Hammer vaguely realized that maybe the Soviet Union would change and he would leave.

Strategic businessmen fighting in east, west, north and south

1930, Hammer returned to America, which was the most active day in his life. He is handy, turning stone into gold, dabbling in many fields and earning huge wealth.

At that time, the Soviet regime paid little attention to a large number of antiques and exquisite works of art copied from the czar's palace, and the poor often sold their works of art at a low price of 123456. Hammer spent a lot of time and energy on the acquisition work, and over time, it became an expert in this industry.

When Hammer shipped these art treasures to the United States intact, the United States was in the Great Depression, and many people thought that no one would want to buy these antiques under the economic downturn. The hammer is very confident. He has invested in the construction of art galleries in new york and Los Angeles successively, and selected exquisite works of art to be exhibited in various cities in China, causing great sensation. He also carefully printed a catalogue of artworks and sent it to the managers of famous American department stores, and sincerely expressed his willingness to entrust these artworks to stores and sell them at a price of 60% off the retail price. Later, he held an auction with great fanfare, which made his artworks famous all over the world and attracted countless customers.

Hammer never confined himself to one field. While concentrating on selling art, he learned that Roosevelt would implement the New Deal throughout the country and the original prohibition would be lifted. The demand for beer and whisky in the whole country will soar, and there will be a shortage of barrels. Hammer made a decisive decision and immediately ordered several ships of high-quality wood from the Soviet Union to set up a modern barrel factory in New Jersey. The day prohibition was abolished, it happened that the barrels of Hammer Barrel Company rolled off the production line, and his barrels were snapped up by various wineries at high prices. Then, he went from barrel production to beer production, and his Dante brand whisky became a first-class American famous wine with an annual sales volume of 1 10,000 cases.

It can be said that no one knows what the hammer will do next. He did whatever he liked, but he missed the target. Because he loves steak, it is difficult to buy high-quality steak in the market, so he entered the cattle industry and achieved success. Later, he also dabbled in broadcasting. He didn't put too much energy into these things. Hammer's intuition and courage, coupled with his talented management ability and learning ability, made him invincible and became a legend in the business world.

In the middle and late 1950s, the worldwide energy crisis became more and more serious. In order to encourage private oil exploration, the US government has increased taxes on other industries and reduced taxes on the oil industry. This policy attracted Hammer, who always likes adventure, and he began to try to invest in the oil industry, even though he was approaching retirement age.

Hammer first came into contact with western oil companies that were in a very difficult situation at that time. He promised to lend the company $50,000 on the condition that two oil wells must be drilled. If the oil wells produce oil, the profits will be divided equally. Fortunately, two wells drilled by western oil companies have produced oil, and the oil content is still very rich. Hammer was overjoyed and seized the opportunity to buy a lot of shares in the company and become the largest shareholder of western oil companies. Since then, he has devoted himself to the oil industry.

With years of experience, Hammer took great risks and began to build an oil kingdom. He recruited the best drilling engineers and geologists, and finally drilled two huge natural gas fields in California in 196 1. The share price of western oil companies jumped to 15 yuan per share, and the company's strength was enough to compete with the larger oil companies in the world.

At that time, most of the rich oil fields in the world were owned by seven western oil companies called "Seven Sisters", but Hammer took a different approach and set his sights on Libya.

Hammer persevered in two leased lands abandoned by other oil companies, and finally drilled a high-yield oil well with a daily output of 72,000 barrels of crude oil in Libya, making the Libyan people extremely proud of their country's oil output. The king of Libya personally received Hamer and expressed his heartfelt thanks to him. Then, Hammer created a miracle in the arid Couvrat area-he dug a well that people looked forward to day and night and found a rich underground water source. There hasn't been a soaking rain in this area for more than 20 years, and the people all over the country regard the hammer as a savior! The king of Libya even excitedly named the place where his ancestors were born "Hammer". However, Hammer refused. He thinks drilling oil and water wells is an indispensable part of his career. Being able to enjoy the joy of victory with the local people is also the greatest happiness in life.

In the oil industry, Hammer's company was the latest to enter, but the earliest to produce oil. From 65438 to 0974, the annual income of his western oil company was $6 billion. By 1982, Western Petroleum Company has become the 12 largest industrial enterprise in the United States and the eighth largest oil company in the world after "Seven Sisters"!

In the most difficult period of the Soviet Union, he was the first western businessman to lend a helping hand and communicate the trade channels between the Soviet Union and the United States. Because of his friendship with leaders of many countries in the world, he often travels to different countries to convey the message of peace and conducts private diplomatic activities among world leaders. He tried to promote talks between the United States and the Soviet Union, study the "Star Wars" plan, and announced the decision not to use nuclear weapons first.

He is the initiator and sponsor of the annual international conference on peace and human rights. He often generously supports cultural, educational and social welfare undertakings. He founded the cancer research center and served as the chairman of the three-person cancer research advisory group of the US President. He personally led a medical team to the Soviet Union to rescue the victims of the Chernobyl nuclear accident.

Not only that, he is an old friend of the people of China. During Deng Xiaoping's visit to the United States from 65438 to 0979, he praised Hammer's help to Lenin and invited him to visit China, hoping that Hammer could contribute to China's economic construction. Hammer, who is 80 years old, was invited to visit China that year, and then visited China many times to pave the way for Sino-US trade. 1982 signed the feasibility intention of Shanxi Pingshuo open-pit coal mine with the relevant departments of China, and 1986 officially broke ground, which was the largest Sino-foreign joint venture project at that time. Since then, his oil company has bid for the exploitation of offshore oil resources in China, becoming the first American company to obtain the right to exploit offshore oil in China. 1in March, 982, Hammer came to China with artistic treasures treasured for half a century, and held an exhibition of Hammer's 500-year original paintings in Beijing, which opened a window for cultural exchanges between China and the United States.

When Hammer shipped these art treasures to the United States intact, the United States was in the Great Depression, and many people thought that no one would want to buy these antiques under the economic downturn. The hammer is very confident. He has invested in the construction of art galleries in new york and Los Angeles successively, and selected exquisite works of art to be exhibited in various cities in China, causing great sensation. He also carefully printed a catalogue of artworks and sent it to the managers of famous American department stores, and sincerely expressed his willingness to entrust these artworks to stores and sell them at a price of 60% off the retail price. Later, he held an auction with great fanfare, which made his artworks famous all over the world and attracted countless customers.

Hammer never confined himself to one field. While concentrating on selling art, he learned that Roosevelt would implement the New Deal throughout the country and the original prohibition would be lifted. The demand for beer and whisky in the whole country will soar, and there will be a shortage of barrels. Hammer made a decisive decision and immediately ordered several ships of high-quality wood from the Soviet Union to set up a modern barrel factory in New Jersey. The day prohibition was abolished, it happened that the barrels of Hammer Barrel Company rolled off the production line, and his barrels were snapped up by various wineries at high prices. Then, he went from barrel production to beer production, and his Dante brand whisky became a first-class American famous wine with an annual sales volume of 1 10,000 cases.

It can be said that no one knows what the hammer will do next. He did whatever he liked, but he missed the target. Because he loves steak, it is difficult to buy high-quality steak in the market, so he entered the cattle industry and achieved success. Later, he also dabbled in broadcasting. He didn't put too much energy into these things. Hammer's intuition and courage, coupled with his talented management ability and learning ability, made him invincible and became a legend in the business world.

In the middle and late 1950s, the worldwide energy crisis became more and more serious. In order to encourage private oil exploration, the US government has increased taxes on other industries and reduced taxes on the oil industry. This policy attracted Hammer, who always likes adventure, and he began to try to invest in the oil industry, even though he was approaching retirement age.

Hammer first came into contact with western oil companies that were in a very difficult situation at that time. He promised to lend the company $50,000 on the condition that two oil wells must be drilled. If the oil wells produce oil, the profits will be divided equally. Fortunately, two wells drilled by western oil companies have produced oil, and the oil content is still very rich. Hammer was overjoyed and seized the opportunity to buy a lot of shares in the company and become the largest shareholder of western oil companies. Since then, he has devoted himself to the oil industry.

With years of experience, Hammer took great risks and began to build an oil kingdom. He recruited the best drilling engineers and geologists, and finally drilled two huge natural gas fields in California in 196 1. The share price of western oil companies jumped to 15 yuan per share, and the company's strength was enough to compete with the larger oil companies in the world.

At that time, most of the rich oil fields in the world were owned by seven western oil companies called "Seven Sisters", but Hammer took a different approach and set his sights on Libya.

Hammer persevered in two leased lands abandoned by other oil companies, and finally drilled a high-yield oil well with a daily output of 72,000 barrels of crude oil in Libya, making the Libyan people extremely proud of their country's oil output. The king of Libya personally received Hamer and expressed his heartfelt thanks to him. Then, Hammer created a miracle in the arid Couvrat area-he dug a well that people looked forward to day and night and found a rich underground water source. There hasn't been a soaking rain in this area for more than 20 years, and the people all over the country regard the hammer as a savior! The king of Libya even excitedly named the place where his ancestors were born "Hammer". However, Hammer refused. He thinks drilling oil and water wells is an indispensable part of his career. Being able to enjoy the joy of victory with the local people is also the greatest happiness in life.

In the oil industry, Hammer's company was the latest to enter, but the earliest to produce oil. From 65438 to 0974, the annual income of his western oil company was $6 billion. By 1982, Western Petroleum Company has become the 12 largest industrial enterprise in the United States and the eighth largest oil company in the world after "Seven Sisters"!

Hammer's life has gone through a century of 9/ 10. He is not only a successful entrepreneur, but also a peace messenger who has made important contributions to world peace and development.

In the most difficult period of the Soviet Union, he was the first western businessman to lend a helping hand and communicate the trade channels between the Soviet Union and the United States. Because of his friendship with leaders of many countries in the world, he often travels to different countries to convey the message of peace and conducts private diplomatic activities among world leaders. He tried to promote talks between the United States and the Soviet Union, study the "Star Wars" plan, and announced the decision not to use nuclear weapons first.

He is the initiator and sponsor of the annual international conference on peace and human rights. He often generously supports cultural, educational and social welfare undertakings. He founded the cancer research center and served as the chairman of the three-person cancer research advisory group of the US President. He personally led a medical team to the Soviet Union to rescue the victims of the Chernobyl nuclear accident.

Not only that, he is an old friend of the people of China. During Deng Xiaoping's visit to the United States from 65438 to 0979, he praised Hammer's help to Lenin and invited him to visit China, hoping that Hammer could contribute to China's economic construction. Hammer, who is 80 years old, was invited to visit China that year, and then visited China many times to pave the way for Sino-US trade. 1982 signed the feasibility intention of Shanxi Pingshuo open-pit coal mine with the relevant departments of China, and 1986 officially broke ground, which was the largest Sino-foreign joint venture project at that time. Since then, his oil company has bid for the exploitation of offshore oil resources in China, becoming the first American company to obtain the right to exploit offshore oil in China. 1in March, 982, Hammer came to China with artistic treasures treasured for half a century, and held an exhibition of Hammer's 500-year original paintings in Beijing, which opened a window for cultural exchanges between China and the United States.

The hammer did many such things. He donated countless money to Jews, anti-fascism, peace and education in his life ... he never stopped. 1990165438+10/2, armand? Hammer finally closed the last page of this wonderful book. The invincible "God of Management" and a citizen who traveled around the world died of illness at the age of 92.

Responder: Guan Da shopkeeper-magic tutor 1 1 level 3-2 18:42

Armand hammer is the chairman of American Western Oil Company and a legend. In the west, he was the all-powerful rich man who turned the stone into gold, but in the Soviet Union and China, he was a well-known "red capitalist" because he was the first western entrepreneur to cooperate with the Soviet Union after the October Revolution and was affectionately called "Comrade Hammer" by Lenin. He was also the first western entrepreneur to visit China by private jet, and was praised as a "brave man" by Deng Xiaoping. Autobiography of the Hammer became the most popular bestseller in China.

Hammer, a descendant of Russian immigrants, was born in new york, USA in May, 1988. His great-grandfather Vladimir was a Russian Jew. He made a fortune by building ships during the reign of Tsar Nicholas I, and by the time Hammer's grandfather Jacob got married and had children, a tsunami triggered by a typhoon had washed away all his family wealth. From 65438 to 0875, Jacob moved to America with his wife and son Julius. When Julius reached the age of 15, he gave up his studies and worked as a foundry worker in a steel plant to support his family. He is young and strong, and has become an important figure among the workers. He joined the Social Labor Party, organized trade unions and became an active socialist. When Julius 19 years old, he applied to be a pharmacist. A few years later, he bought his boss's drugstore with his accumulated salary, and later opened two branches and a pharmaceutical factory. In this way, young socialists became young capitalists. However, Julius did not give up his faith and remained a loyal follower of the American socialist movement. On a socialist outing in 1897, Julius fell in love with a young widow, Rose, and soon got married. A year later, they had their first child. Julius specially named his son Armand hamer, which is said to be taken from the flag emblem of the American Social Labor Party "Arm and Hammer".

Only four months after Hammer was born, his father Julius was admitted to Columbia Medical College. In the next four years, Julius will not only study medical courses, but also run a pharmacy and a pharmaceutical factory, but he is a man of steel and eventually graduated from 1902. This achievement has a great influence on the later growth of the hammer.

Julius believes that saving lives is more noble than making money in business, so he decided to sell pharmacies and pharmaceutical factories, opened a clinic in the Bronx, new york, and became a doctor. He practiced medicine all his life and saved the lives of more than 5000 babies.

The children grew up under their father's example. Hammer is the most disobedient of the three brothers, but it is also the most creative. He played truant. After his father's education, he changed. He rose to the first place in his studies. After school, he also learned to play the radio and make airplane models, and won a gold medal in the speech contest for senior high school students. In addition, he was fascinated by the biographies of famous American entrepreneurs who started from scratch, such as Rockefeller and Carnegie, and began to look around for ways to make money. 16 years old, in high school, he successfully made his first "big deal". One day, he saw an old two-seater convertible at a Broadway auction and decided to buy it. He borrowed money from his half-brother Harry, who sold goods in a drugstore, and promised to pay him back soon with confidence. It turned out that he got a job from the newspaper advertisement, that is, he could drive to deliver goods to a candy merchant and get a reward of $20 a day. Sure enough, two weeks later, he not only paid off his brother's money and got the car, but also jingled coins in his pocket.

Three years later, that is, 19 17, after completing the two-year pre-medical course, Hammer came to the prestigious Columbia Medical College ambitiously and submitted his application for admission. The staff in charge of registration looked him up and down and asked, "Are you the son of Dr. Julius?" 1898 I applied for your father's admission in the year when you were born, and I am here to welcome you today. "In this way, Hammer proudly became a student of Columbia Medical College, and the boat of destiny seems to be moving in the direction of inheriting his father's career.

One day, however, the father came to the campus to find a hammer and told his son bad news: the pharmaceutical company he invested with his savings was on the verge of bankruptcy. And because of poor health, especially if I want to continue practicing medicine, I have no energy to manage the company; So he made his son the general manager of the company, but didn't let him drop out of school. He stressed: "Son, that's what I used to do, and you can do the same."

In fact, my father's worry is completely unnecessary. The hammer has long been eager to try. He met such a challenge with great excitement. In order not to delay his studies, Hammer invited a poor student with excellent academic performance to live with him, and provided room and board for another student free of charge, provided that the student went to class every day, took a lot of notes and brought them back to him at night so that he could cope with the exam and write a paper. With this learning "double body", hammer can concentrate on managing the company. He reformed the company's management policy and marketing mode, organized a strong team of salesmen, and changed the company name to the resounding "United Chemical Pharmaceutical Company". The hammer finally saved the company from bankruptcy and the number of employees increased from a dozen to 1500. Products sell well all over the country, and the company began to enter the ranks of large enterprises in the pharmaceutical industry.

It didn't take long for Hammer to become a unique millionaire studying in Columbia Medical College and even universities all over the country. The average income of 19 19 in the United States was $625, and the personal net income of Hammer in that year exceeded 1 100 million. In his studies, most of his test scores were "A" and he was rated as "the most promising student" in his graduating class. 192 1 In June, he obtained the doctor's degree of medicine that he dreamed of as a child. Since then, people have always called him a doctor, although he has never officially practiced medicine since then.

At this time, Hammer decided to use the short period of half a year from the end of the course to the beginning of the internship to do a shocking thing, that is, to visit the Soviet Union. After the October Revolution, Hammer's father, as one of the founders of the American Producers' Party, paid great attention to the Soviet Union and provided necessities for the blocked Bolshevik regime. However, due to a medical accident,1June, 920, Hammer's father was tried and imprisoned. This sudden change made the young hammer determined to fulfill his father's unfulfilled wish and go to the country where his father was born to help the Soviet Union overcome the spread of famine and typhoid fever there.

As a result, Hammer sold the pharmaceutical company for US$ 2 million, spent more than US$/kloc-0.0 million on a field hospital and its supporting medical supplies and equipment, and spent US$ 6.5438+0.5 million on an ambulance with the words "American medical mission to Moscow" painted on the side of the car. He wanted to give these to the Soviet Union as a gift. At that time, the Soviet Union was isolated from most western countries, so for many people, Hammer's trip was tantamount to exploring the moon. In this way, 23-year-old Hammer embarked on a road that fundamentally changed his life.

The young millionaire went through all the hardships and finally arrived in the Soviet Union in the early summer of 192 1. Tired from the journey, he fell ill. But he didn't complain, refused special treatment, and lived a miserable life in wartime with the Soviet people. He insists on reciting and learning to use the Russian word 100 every day so that he can start working soon.

1921In early August, Hammer visited the Urals with the delegation. The situation here puzzled him: on the one hand, there are huge treasures, rich products, platinum, precious stones, fur and almost all other valuable things here; On the other hand, famine is severe, hunger is everywhere, and the minimum necessities of life are extremely scarce. So he asked the Soviets who led the team, "Why don't you export these things for food?" "That's impossible," they answered. "Europe has just lifted the blockade on us. It takes too long to sell these things and import food. In addition, at least 654.38 million bushels of food are needed to save the people in the Urals from hunger. " Then a bold plan formed in Hammer's mind. He thought that there was a bumper harvest in the United States at that time, and the grain price had dropped to $0/per bushel, so he suggested: "I have $0/million in funds, and I can urgently buy 1 10,000 bushels of wheat in the United States, transport it to Petrograd, unload the grain, and then transport the leather goods and other goods worth $0/10,000 to the United States." Hammer's suggestion soon spread to Moscow, and Lenin personally called back, agreeing to the deal and asking Hammer to return to Moscow as soon as possible.

On the second day of his arrival in Moscow, Hammer was called to Lenin's office. In order to recuperate the young Soviet Union, Lenin was carrying out a new economic policy, so he paid special attention to Hammer's suggestion. Lenin stood up from his desk to welcome Hammer and had a cordial conversation with him in English. When Lenin expressed sincere thanks to Hammer on behalf of the Soviet government, the great revolutionary shed tears with excitement. Since then, they have forged a sincere and profound friendship. Lenin encouraged Hammer to invest and set up a factory, and allowed him to mine asbestos mines in Siberia, thus making him the first foreigner in the Bolshevik Soviet Union to obtain mining rights.

The barter trade between the United States and the Soviet Union began. Hammer organized a joint American company and communicated with more than 30 American companies. He became an agent of Soviet trade with the United States. Later, due to an accidental discovery, Hammer founded a pencil factory in the Soviet Union. One day, he dropped by a stationery store to buy pencils, but there were only expensive German products in the store. He had a brainwave and found that making pencils was a new and profitable industry. He doesn't know how to make pencils himself, but he knows how to use people who know how to do things. He hired technicians from Germany and Britain to start a pencil factory with a high salary, and managed production with the piece-rate system in the United States. As a result, he miraculously put into production in just seven or eight months, and the first annual output value reached 2.5 million US dollars. A few years later, the hammer not only met the demand of the pencil and pen market in the Soviet Union, but also exported 20% of its products to more than a dozen countries such as Britain. This factory soon became one of the largest pencil factories in the world and brought millions of dollars to Hammer.

Hammer spent nearly 10 years in Moscow. The Soviet Union became the birthplace of the billionaire, and he also supported the young Soviet regime with his own efforts.

However, the most active period of hammer's life began at 193 1 after the Soviet Union returned to the United States. He cast a net everywhere, turning the stone into gold, and he succeeded in whatever industry he was engaged in. He is like an omnipotent magician who can conjure one rabbit after another from a top hat in public. His business scope is dazzling. In addition to buying and selling works of art, he also dabbled in radio broadcasting, gold trading and charity. What can best show his talent is to avoid drinking and raise cattle.

When Hammer returned to America, it was the Great Depression of 1930s, but he thought it was time to make money. Although his eyes are fixed on the business of art sales, his ears are listening to information from all directions. He captured a clear message: Roosevelt is moving towards the presidency of the White House. If he is elected and implements his new policy, the prohibition of alcohol promulgated by 19 19 will be abolished. This will mean that the national demand for beer and whisky will surge, and the number of barrels will show an unprecedented demand, when there were no barrels on the market. Hammer made a decisive decision, immediately ordered several ships of high-quality timber from the Soviet Union, set up a temporary barrel board processing factory at new york Wharf, and established a modern barrel factory in New Jersey. The day prohibition was abolished, it happened that the barrels of Hammer Barrel Company rolled off the production line, and his barrels were snapped up by various wineries at high prices. Hammer was not satisfied with being a barrel supplier, but also got involved in the wine industry and started to operate the whisky business. He bought several wineries in succession, and quickly defeated all his competitors through substantial price reduction and a lot of advertising. His Dante brand whisky has become the first-class famous wine in the United States, with an annual sales volume of 654.38+00,000 cases.

Barrel introduced Hammer to the whisky industry, and his habit of eating steak introduced him to another field, namely, raising cattle, which was equally successful.

Hammer accidentally broke into the cattle industry. Once he complained that there was no good steak in the market, and one of his employees suggested buying a cow and slaughtering it. The cow bought it back, but she was pregnant.