The Youngest Son Of A Rich Family - Chapter 20
[020] To say seed money 2.
“Chairman. In whose name did you get this land?”
“Who are you? It’s Do-joon. why? Because of the gift tax?”
“I am relieved to see the expression on the president’s face. haha.”
“hey! How much does that cost! It’s a gift I’m giving to my youngest grandson, so are you afraid I’ll skip taxes?”
A face that looks so much better.
It’s not just an expression that comes out just because you’ve earned more than a hundredfold. This is the expression you get when you find a huge treasure.
Lee Hak-jae thought that this incident would cause a huge change in the chairman’s mind.
Clear judgment, bold initiative, diverse perspectives, groundbreaking ideas… These are the qualities of a very good manager.
However, it is difficult to find these qualities in a young 12-year-old Dojun. I can only glimpse the potential.
What Chairman Jin is sure of to his young grandson is that he holds a tremendous weapon called luck.
I just pointed my finger at the map of the metropolitan area. As a result, there is no other way to explain profit than a hundredfold other than luck.
Skills and hard work cannot overcome or overcome natural luck.
“What are you planning to do now?”
“What’s up?”
“If the new city is a confirmed area, land compensation will come out, and if it is a surrounding area, it will be a piece of land…….” “
The money belongs to Do-jun. I can’t take it back.”
“I’m not saying take it, but shouldn’t we roll that money? It will be a great asset to Do-jun in the future.”
“I? why me? He’s a guy who’s grown a hundredfold in just one year. Way better than me.”
As if nothing had happened, Chairman Jin waved his hand.
“then…?”
Are you really thinking of entrusting that large sum of money to a child?
Lee Hak-jae was on the verge of sticking out his tongue.
“Let’s just teach the basics and leave it alone. I mean, how big is that guy’s luck?”
Lee Hak-jae, who is quick to calculate, has already calculated. Land compensation alone is at least 16 billion won and up to 20 billion won.
It is close to the annual salary of 4,000 new college graduates.
Of course, it may not be a lot of money for Chairman Jin. Even so, the sum is too large to be thrown away just to try out the grandson’s luck.
Does it mean that you expect as much as this amount of money?
* * *
On April 27, 1989, everyone who had even a little extra money ran to Bundang and Ilsan.
The government’s announcement of a new city was no different from the release of a treasure map. It is only a matter of who takes possession first, and it is a clear fact that the price of land soars, and what remains is to see how far it will rise.
The government compensation money is all for new town development land, but there is no end to the area around the housing site. No one knows how far it will go.
The complaints of the land owners because of the land compensation ignited into a collective protest, but the minimum was 110,000 won and the maximum was 700,000 won.
Chief of Staff Lee Hak-jae cleared the land on behalf of the chairman’s grandson.
Then, I went to Jin Yoon-gi’s house with a bankbook containing a lot of money.
“It’s Yoongi. A long time.”
“older brother. You came home for some reason…”
“What is it? Isn’t that a welcoming face?”
Lee Hak-jae shook hands with Jin Yoon-gi and did not lose his smile.
He is the only one in the family who calls himself older brother. Jin Yoon-gi’s brothers act like masters to him.
He was the most affectionate guy and also the most pitiful guy.
“Are you here? Manager?”
“As expected, Jesu’s beauty is still the same.”
Lee Hak-jae threw a casual greeting, put down the coffee, and grabbed her as she was about to leave.
“Jesu, please sit down for a while. I have something to tell you.”
Because of Lee Hak-jae’s smile, the two seemed a little nervous.
“It’s nothing else, it’s because of Do-jun.”
When their son’s name came out, their eyes widened. Lee Hak-jae quickly continued before the two of them were further surprised.
“It’s a good thing, so don’t be surprised.”
After reassuring the two of them, when I told them about the ranch in detail, it only surprised them even more.
“what? Fourteen billion? oh my god! How did that happen…”
Jin Yoon-gi was so surprised that he couldn’t speak, but his wife seemed more perplexed than surprised.
Well, surprised and embarrassed expressions are similar, so Lee Hak-jae did not pay much attention.
When she delivered the land documents she had been keeping to Chairman Jin’s secretary, she knew that the land was being sold, but she would not have thought that it would be this much money.
“It’s 60,000 pyeong of compensation. There are still 20,000 pyeong left, but it will rise to about 10 billion. The land is planned to be disposed of at that time.”
The two’s eyes widened even more.
“Anyway, the chairman gave the ranch as a gift with a light heart, and it turned out to be a huge amount, so he is very satisfied.”
“older brother. What does your father say?”
“Do-jun said he would leave it to Do-jun because it’s money.”
“Does that make sense? Isn’t it only 5th grade now? Would you entrust such a large amount of money to a child? Just tell them to take it back.”
“honey.”
The wife holding Jin Yoon-gi’s wrist and quietly stopping him.
Although he didn’t show it off, Lee Hak-jae was surprised inside.
She was a woman who was always calm and did not reveal her presence. It was surprising to see such a woman greedy for money.
“What are you taking so seriously? Why not just put it in the bank? That’s all a kid can do anyway.”
Lee Hak-jae seemed to know what Jin Yoon-gi was afraid of. Have you ever seen a life ruined by money?
At this time, an unexpected sound came out. From Jin Yoon-gi’s calm wife.
“honey. Maybe this money will be all Do-joon can have. Now, your father loves Do-jun, but don’t you know your father’s whims? You never know when it will be pushed out of the spotlight.”
Lee Hak-jae felt the sincerity in her desperate expression. It’s not about money greed, it’s about not wanting to miss out on insurance that might be the last for your child.
Jin Yoon-gi has never beaten his wife. It is the same this time.
* * *
“Of course, Do-jun is a lot of money that is difficult to realize.”
You’re misunderstanding this man.
You would think that I couldn’t understand what I was saying when I looked at myself holding a bankbook in my hand and blinking my eyes without saying a word. It’s just that it’s calm because you know that what’s to come has come.
Well…
Can a 12-year-old with common sense measure the absolute size of money?
“Then what about my ranch?”
The first question should be childish.
“I have no choice but to sort it out. Because the country needs the land. The horses there can be moved to Jeju Island, or you can make a ranch somewhere else.”
Now I’m getting to know the fun of horseback riding… I’m going to finish playing with the son of a conglomerate family.
Seed money for the next step has been prepared, so real estate speculation is over at this point. There is no time to bury money in the ground and wait leisurely.
“What do you want to do with that money?”
Lee Hak-jae pointed his finger at my bank account. An armful of curiosity was read in his eyes. However, it is impossible to reveal a plan to satisfy that curiosity.
“The money was deposited in the bank.”
Isn’t this answer too childish?
“okay. Keep it in the bank until you’re an adult. safety.”
The two words “safety” come frighteningly close.
It sounded like he meant that a guy who seeks safety and wants comfort can’t be the captain of the Sunyang Group.
The bank interest rate is now 10%.
If you calculate it with compound interest, it will increase horribly. Twice is an instant. But I’m not a fool to be satisfied with just twice.
Lee Hak-jae stroked my hair once and left.
When I couldn’t hear his footsteps, I took another look at my bank account.
Fourteen billion!
There is still more money coming in. If the market price is 30 years from now, it will easily exceed 100 billion won!
“Kuuk kuk…….”
The laughter he had been holding back burst out. And jumped like crazy on the bed.
No matter how good you see it in movies, it’s like that kind of over? I thought, but this reaction was reality.
It felt so good that I couldn’t stop jumping all over the place.
“omg-!”
A sudden sound from the stairs.
He got out of bed and ran to his desk.
When I opened my book and pretended to study, my parents came in.
“Do-joon. Do you want to talk to Daddy?”
I’m sure I’ll bring up the topic of money, but I’m a little stumped on how to lead it.
Until I’m an adult… or at least I’m a child, my parents are the only people who can help me with my long-term plans.
It’s not easy to ask for help.
“Did you hear the story from Uncle Hakjae?”
“yes.”
I held out the bankbook I was holding, but my parents did not accept it.
“What did you say you would do?”
“I told you to save in the bank.”
The two seemed relieved. Maybe it seemed like he thought he was just worrying for nothing. Is there anything else a child can do but save money?
“For now…”
The last words I uttered changed the expression of the two of them. once?
“for now?”
“why? Is there anything you want to buy?”
“no. My mother buys everything I need.”
“But for now?”
“honey. Let’s listen to Do-joon’s words to the end. what do you want to do?”
The father smiled and held the mother’s hand. It was a comforting reminder not to be anxious.
When their eyes turned to me again, they smiled and spoke slowly.
“Father and mother.”
The two of them only look at my mouth.
“If… no, not if. What do you two want to do with this money?”
When I saw my parents who were more surprised than I thought, I felt sorry for them.
Should I have been more careful? Or should I have gotten to know you slowly over time?
It seemed that he was in too much of a hurry because he was excited about money.
I just wanted to know what the two of you were thinking…
My father looked at me with a hard face for a moment and then left the room without saying anything.
Seeing this, my mother let out a short sigh and held my hand tightly.
“Do-joon, your father is not angry. You’re just a little surprised.”
Do you think you’re angry?
I am also a bit surprised.
I had nothing to say, so I lowered my head slightly, and my mother stroked my back.
There was silence for a while.
I opened my mouth first to get rid of the awkwardness and ease my mother’s worries. I also had questions.
“mother.”
“okay.”
“Perhaps… what happened to what I said last time?”
“huh? What do you mean?”
“Is it Ilsan? New city…?”
The mother’s expression of surprise at the moment speaks for itself.
aha! You bought some land.
done. I don’t know how much I bought with my pocket money, but I’m sure I’ll have more than my emergency fund in my hands.
Both men and women feel comfortable when their pockets are heavy. It would be great if this made her mother’s face a little brighter.
“Ah… that? no. My mom wasn’t interested in that, so she just let it go and forgot about it.”
“yes. okay.”
I thought it was a natural reaction since he wasn’t light-mouthed enough to tell his kid what he bought land for.
Anyway, I failed to sneak up on it, so I’ll have to use another method.
What should I do?
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