Entity Dossier
entity
Hampton Roads
Strategic Concepts & Mechanics
Capital StrategyCorporation as Conscience-Free Machine
Capital StrategyControl Wealth, Don't Just Own It
Cornerstone MoveGovernment Steel In, Foreign Flag Out
Cornerstone MoveCharter First, Build With Their Credit
Strategic PatternCargo Creates the Need for Ships
Risk DoctrinePrivate Companies Beyond Government Eyes
Signature MovePay Yourself Through Your Own Companies
Capital StrategyFloat Capital as Free Leverage
Signature MovePaper Clip Frugality as Operating Religion
Signature MoveYacht Diplomacy to Close Charters
Signature MoveFrontier Ventures Where No One Else Will Go
Primary Evidence
"The second of his government-owned ships was one D.K. did plan to use. The Hampton Roads, last and largest of the tankers the WSA had contracted with Ludwig to build at Sewalls Point, was sitting in the yard’s only building way when the war ended, a few months from being completed. Legally, she was still the property of Welding Shipyard, but Ludwig, utilizing a provision of his contract dealing with unfinished vessels, was able to sell her to the government in September 1946 for $3 million and buy her back a few months later under the Ship Sales Act for $1.3 million, turning a quick $1.7 million profit at the expense of U.S. taxpayers."
Source:The Invisible Billionaire, Daniel Ludwig