The Economics of Owning a Container Shipping Empire (How $1,500 Became $20,000)
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YouTubeProblems Millionaire
The Economics of Owning a Container Shipping Empire (How $1,500 Became $20,000)
In 1970, a former ferry captain named Gianluigi Aponte bought one second-hand ship and named her after his wife, Patricia. Fifty years later his family controlled the largest merchant fleet on Earth -- more than 800 vessels -- and a single container that once cost 1,500 dollars to ship across the Pacific was selling for over 20,000. This is the ...
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