Chapter 86 Section 8

Don't take shortcuts in life.Only the road of thorns can lead you to the peak of glory, to fully realize the potential of your life, and fully reflect the value of your life.The future belongs not only to those with the most brains, but also to those with the most perseverance. As at the Los Angeles funeral, the sad and repressed Eric is in stark contrast to the poised and eloquent Lyle.Eric's face was flushed, his eyes were puffy, and he looked preoccupied, and he rarely spoke from the beginning to the end. Lyle and Eric, accompanied by their uncles Carlos Barratt and Brian Anderson, had a meeting with senior officials of Livi's Entertainment prior to the Monadez funeral.Hosse's former colleagues told the Monadez brothers that their father's $5 million "key man" individual life insurance policy hadn't taken effect because Hosse delayed a medical exam required by the insurance company.In order to get satisfactory medical examination results, Hosse plans to quit smoking first.

It is said that this news left the Monadès brothers speechless in a moment of extreme disappointment.Later, Eric, who usually doesn't speak much, broke the silence.In a businesslike tone, he asked executives about the $15 million "key man" corporate life insurance the company had insured in Jose's name.The money is cashable, senior officials replied, but only for public use and not for the family of the deceased. The Monadez couple owns two real estates. In addition to the Mediterranean-style mansion on Elm Road in Pavilli Hills, they previously bought another house covering an area of ​​14 hectares in Calabetha (14 hectares equals 0.057 square meters) kilometers, or 57,000 square meters), but has never lived there.The two houses are worth $5.7 million after deducting the mortgage.In addition, Hosse also owns a total of 330,000 shares of Livi Entertainment.At the time of the murder, its market price was $20 per share, for a total of $6.6 million.Coupled with the couple's personal property such as vehicles, jewelry, etc., after deducting about 1 million U.S. dollars in taxes owed by Hosse during his lifetime, the total value of the property left by the Monadez couple is 14 million U.S. dollars.According to California law at the time, the brothers had to wait six months before they could officially inherit the real estate, but stocks and other things could be cashed out immediately.Livi Entertainment's stock depreciated sharply after Hosse's death. In the end, Lyle and Eric each received more than 2 million US dollars.

This is supposed to be a very considerable inheritance, but it is far from the amount expected or estimated by the Monadez brothers.Eric told his friends that his father was supposed to be worth around $90 million.He and Lyle determined that Hosse had placed the remaining $75 million in a secret account at a Swiss bank. Even so, the brothers immediately began their life of extravagant luxury.Lyle chartered a limousine car, hired personal bodyguards, bought a $24,000 stereo, and spent nearly $70,000 on a new BMW sports car.Eric also sold his old Ford for a Joker Jeep. On Sept. 4, 1989, Lyle told his bodyguard, Richard Winskowski, that he no longer needed "protection" because one of his uncles had made some sort of deal with the gang.Lyle didn't explain the specifics, or even who the all-powerful "uncle" was.In English, men of the previous generation are collectively referred to as uncles, and there is no distinction between uncles or uncles.

The brothers do not want to live in the old house in the Pavillon Hills anymore, and they plan to each buy a luxury penthouse apartment with a price of nearly 1 million US dollars.But later, because they couldn't find the two houses they requested next to each other, as a stopgap measure, Lyle and Eric temporarily rented an apartment with a monthly rent of 2,150 US dollars and 2,450 US dollars respectively. In October of that year, Lyle swiped more than $90,000 on his father's American Express credit card.During this time, he frequently traveled back and forth between New Jersey and California, always flying the highest class business class.Lyle is preparing to start his own company.

Lyle is still keen on the catering industry. He took a fancy to a small shop in Princeton that specializes in spicy chicken wings. This private restaurant is worth more than 200,000 dollars inside and out.When Lyle asked the shop owner for the price, the other party had no intention of selling the shop, so he casually quoted a sky-high price of $600,000.Unexpectedly, Lyle Monadez, who was eager to live his "boss addiction" and had no business acumen, countered the price by US$550,000.Maybe the owner really didn't want to sell, maybe he saw that Lyle was an idiot, so he added that the $550,000 was only for the business, not including the house and land.Lyle actually agreed without hesitation. In addition to an immediate down payment of 300,000 U.S. dollars, he also signed a contract, agreeing that Lyle would rent the storefront from the original shop owner at a monthly price of 2,100 U.S. dollars for a period of 15 years.

Lyle immediately became the boss with dignity.He first changed the name of the restaurant to "Mr. Buffalo" and then extended the opening hours.Soon Lyle announced that he would open another location at the Princeton Mall, a third next to UCLA, and a fourth at Rutgers University in New Jersey.His plan is to open a new "Mr. Buffalo" every two months until he expands his spicy chicken wings kingdom into a global fast-food chain like McDonald's or KFC.But in fact, "Mr. Buffalo" has been losing money from the very beginning due to poor management. At the same time, Lyle registered and opened "Monadez Investment Company".He rented a spacious office suite in the Princeton Mall for $3,000 a month, with expensive decoration and furniture, and hired his friends at Princeton University with high salaries, most of whom were athletes on the school's sports team, and many Like Lyle, he has been punished in one way or another.This group of naive, impulsive, and hot-headed young people not only have no business experience to talk about, but even the minimum business knowledge and skills. "Monadez Investment Company" was even worse than "Mr. Buffalo", and it closed down before moving into that magnificent office.

Eric's situation is about the same as Lyle's.He was going to co-host a rock concert and hand over $40,000 to his partner, who ran away with the money.Eric hired his personal tennis coach Mark Huo Feinan with an annual salary of 60,000 US dollars to take him around the world and around the country, and he always flew first class and lived in high-end hotels.