Who were the two rich guys in trading places?

Dan Aykroyd as Louis Winthorpe III: A wealthy commodities director at Duke & Duke. Eddie Murphy as Billy Ray Valentine: A street beggar and con man. Ralph Bellamy as Randolph Duke: The greedy co-owner of Duke & Duke, alongside his brother Mortimer. Don Ameche as Mortimer Duke: Randolph’s equally greedy brother.

Who are the two old men in Trading Places?

Randolph and Mortimer Duke are the main antagonists of the 1983 film Trading Places, and make a cameo appearance in the 1988 film Coming to America. They are the greedy, heartless owners of “Duke & Duke”, a successful commodities brokerage in Philadelphia.

Where did Trading Places take place?

Trading Places | 1983 Set mainly in Philadelphia, where ‘legless’ Billy Ray begs in a wintry Rittenhouse Square, at 18th and Walnut Streets, to the southwest of the city centre. In the classy district a little further southwest is Winthorpe’s house, taken over by Billy Ray, at 2014 Delancey Street near 21st Street.

Is trading places based on a true story?

A couple of days ago, Marcia put out a call for business movie/TV recommendations. After seeing the film, two prominent commodities traders of the era, Richard Dennis and William Eckhardt, decided to reenact the brothers’ experiment. …

How much money did they make at the end of trading places?

Per single contract this is 15,000 pounds * 84.5 cents per pound = $12,675 per contract. Multiply this by roughly 20,000 contracts and their total profit was: $253,500,000. In just one hour on the trading floor. Impressive.

How do they get rich in trading places?

Investors make money when they buy low and sell high. In Trading Places, Eddie Murphy and Dan Aykroyd sell high and then buy low. Once the price gets to a high point, and the whole market thinks the price will only go up, Aykroyd calls out a promise to sell OJ at that high price in the future.

What did Dan Aykroyd say in trading places?

Standing on the floor of the exchange, Winthorpe (Dan Aykroyd) yells out: Sell 30 April at 142! Here’s what that means: He wants to promise to sell orange juice in April for $1.42 per pound. The “30” in his line means he wants to start by selling 30 contracts.

How much money did Louis and Billy Ray make?

How much did Billy Ray and Louis make in their scheme? The actual amount isn’t given but the Dukes had to pay $394 million ($1.011 BILLION in 2019 adjusted for inflation) In the movie, the Dukes “shorted” oranges in a “margin” trade, using leverage.

What is the Eddie Murphy rule?

To protect our markets, we have recommended what we call the “Eddie Murphy” rule to ban insider trading using nonpublic information misappropriated from a government source.”

How did they get rich in Trading Places?

How did Valentine and Winthorpe get rich?

In other words, Winthorpe and Valentine have contracts allowing them to buy millions of pounds of orange juice in April for 29 cents a pound, and to sell it for $1.42 a pound. They sold high and bought low. They’re rich. The Dukes made the opposite bet and went broke.

How much money do they make in trading places?

Per single contract this is 15,000 pounds * 84.5 cents per pound = $12,675 per contract. Multiply this by roughly 20,000 contracts and their total profit was: $253,500,000. In just one hour on the trading floor.

Where was Ralph Bellamy buried in Los Angeles?

Bellamy was buried in Forest Lawn – Hollywood Hills Cemetery in Los Angeles. In 1984, Bellamy was presented with a Life Achievement Award from the Screen Actors Guild, and in 1987, he received an Honorary Academy Award “for his unique artistry and his distinguished service to the profession of acting”.

Who are the members of the Ralph Bellamy group?

This group consisted of a group of Hollywood A-listers who were mainly of Irish descent (despite Bellamy having no Irish family connections himself). Others included James Cagney, Pat O’Brien, Spencer Tracy, Lynne Overman, Frank Morgan and Frank McHugh.

Where does Ralph Bellamy have a star on the Walk of Fame?

In 1984, Bellamy was presented with a Life Achievement Award from the Screen Actors Guild, and in 1987, he received an Honorary Academy Award “for his unique artistry and his distinguished service to the profession of acting”. Bellamy has a star on the Hollywood Walk of Fame at 6542 Hollywood Boulevard. In 1992]

When did Ralph Bellamy become president of Actors Equity?

Highly regarded within the industry, Bellamy served as a four-term President of Actors’ Equity from 1952 to 1964.