The Youngest Son Of A Rich Family - Chapter 68
[068]The length of the toenail 3
“Theatre?”
“yes.”
“Do-joon. Aren’t skyscrapers better than theaters? If the location is good, the monthly rent alone will be better than most companies, right?”
My unstoppable aunt.
As if her husband had already become the mayor of Seoul, she even brings up a wide range of stories.
“no. It’s a little different concept from a normal theater. I’m thinking about what it would be like to create a new theater.”
I don’t know if you know it’s a multiplex.
It’s something I don’t understand anyway, so there’s no need to explain it word for word.
“Ugh. Yoongi is really blessed with children. My father gives me start-up funds so I can do what I want to do, and even conceives of a new business to grow the company… I really envy you.”
“I know. My children are three, but I spend my parents’ money and spend fictitious days staying out…. Tsk tsk.”
It is embarrassing to continue to listen to the laments of the two people who do not have children.
“aunt. Shall I tell Grandpa a little bit?”
“what? Oh, no!”
He gave a small smile to the jumping aunt and said.
“I need to know exactly why my grandfather is against it. That way I can convince you to change your mind.”
“no. don’t do it.”
My aunt jumps up again.
It seems that the reason why he is trying to make his uncle into a political mogul is to prepare for the time when he stands on the opposite side of his grandfather.
“Yes, I know. A secret from Grandpa.”
He lifted his finger and put it to his lips.
“My uncle will check the amount of money to be distributed to the ruling party, and I will check the funds that can be mobilized.”
My aunt and uncle took each of my hands and turned into savior-looking eyes.
Maybe it wouldn’t hurt to make him the mayor of Seoul.
* * *
“Do Jun-ah. See me for a second.”
“Oh, are you late? I’m sorry you’re alone. I’ll be there early.”
“I’m not a boring father enough to take care of a grown man’s homecoming.”
It’s been a long time since I saw my father with a solemn expression. No matter how hard it was for the past 10 years, you never lost your smile… No, was there anything particularly difficult? It was thanks to the good son that he was able to win.
I’m going to have to listen to what my aunt was talking about when she came. But my father said something he never thought of.
“Today, my brother-in-law’s uncle went to visit. Aunt at night. The two of them told completely different stories, but the conclusion was the same.”
“Same conclusion…?”
Father smiled slightly.
“You must be more curious about the conclusion than what kind of story it is.”
“The process is not important.”
“also. It’s different than usual, my son.”
Contrary to the soft voice, the father’s smile had already disappeared.
“Shall we have a drink? Do you think it’s time to talk openly?”
Before he could say anything, he stood up and stood in front of a cabinet full of bottles to choose a drink.
After pouring a little in two glasses, my father handed me a glass.
“Shall we toast?”
His smile revived as he took the glass with both hands.
“What shall we toast for?”
“well. The box office success of Titanic, which will be released next year?”
Father shook his head slightly.
“You, not me.”
“Me? I don’t…”
She shrugged and looked at her father. something different look.
“Um…then I’ll tell you, pick one. Acquisition of Ajin Group with assets exceeding 3 trillion won. An investment company that controls Hollywood and the infinite affection of the chairman of Sunyang Group. Which one do you like the most?”
I didn’t drink, but my complexion had already turned red and white again.
Such a soft-spoken uncle!
no i was stupid When you are young and rely on each other in a distant foreign land, it is a friendship that has been forged. It is even more strange that he did not tell his best friend’s son’s secret to his friend for 10 years.
“Your expression right now is the expression I had when I heard about you from Sehyeon. haha.”
As if it was no big deal, my father laughed heartily and broke the glass, but his mouth did not come off.
“Isn’t it strange? He’s definitely my son, but he doesn’t resemble me in the slightest. I’m proud of my artistic aesthetic sense, but you don’t even listen to common popular pop songs. On the other hand, calculating money is boring for me, but my son is gifted with a miraculous sense of investment. How could it be this much different?”
I emptied the glass in my hand at once. I felt like I could say a word only when I calmed my pounding heart.
“are you okay. Take a slow, deep breath. Would you like another drink? haha.”
My father laughed and filled my glass with a drink.
“I was very surprised at first, but at the same time, I was proud of it. It’s not that I’m proud of making a lot of money, I was proud of such a great talent.”
“Sorry for not telling you earlier.”
“I thought it was a good thing I didn’t tell you beforehand, right? A middle school student negotiating in fluent English after spending 20 billion won? Do you think I would have believed that?”
My father looked at my expression and continued talking calmly.
“Anyway, I applaud the past. honestly awesome! awesome.”
My father lightly bumped his palms a few times.
“Now let’s talk about the future. What do you ultimately want to achieve?”
“well. “I don’t have any specific goals or plans yet. I’m busy reviewing what’s coming right now.”
“Do you want to take over the Sunyang Group?”
Shall I tell you the truth? And would you like to ask for help? I thought about it for a very short time. But it is too early to leave.
If one person knows, it’s only a matter of time before everyone knows.
“It’s just a means or a tool to get closer to my dream, not a goal.”
“okay? Then what is our son’s dream?”
“A first-class giant corporation that surpasses the Sunyang Group…? To create such a company, you will need a company that needs to be created from scratch, and you should buy a decent one from Sunyang Group’s affiliates. Of course, affiliates of other conglomerates are also needed. You can’t just limit it to pure sheep.”
“buy?”
“yes.”
“hey! Is Sunyang Group a hole-in-the-wall shop? Are you a local supermarket? You buy it?”
“father. It is not what I want for my grandfather to inherit the Sunyang Group. Do you want to hear anything more than that someone born into a conglomerate family is incredibly lucky?”
“So you live? Sunyang’s net exhaust companies?”
“If you’re sure it’s a real thing. Well, it’s still a dream.”
Did it sound a bit plausible?
Didn’t my father’s true intentions to make all of his brothers and nephews struggle to stand in line at my feet reveal themselves?
I look somewhat surprised, but my true intentions do not appear to have been revealed. A feeling of admiration could be seen in his surprised expression.
said the father, who had emptied the remaining wine from the glass.
“If that’s the case, I don’t think there’s anything I can do about it. I was thinking about it for nothing. haha.”
“What are you worried about?”
“I was thinking about how to help you achieve your dream. If need be, I was willing to assert the legal rights of one of the president’s sons.”
What is this again? son’s rights?
My father, who got up from the sofa, patted me on the shoulder and smiled.
“Anyway, thank you. Even if there is a crack in the family, should I fight with my older brothers or should I negotiate with a few affiliates or ask for cash or stock… I thought a lot.”
wait? Is this a new car that you never thought of?
“I hate fights that make my face red, and I hate negotiations that hurt my pride, but to say I don’t need you… it’s late at night. I should go up and sleep You sleep too.”
My father turned around and walked upstairs.
“Oh father. That’s not it. Wait. talk some more yes?”
I called out to my father as I followed him upstairs.
I have never called him father as earnestly as today.
* * *
When I arrived at my grandfather’s house to discuss the merger of the two car companies, I found a dozen or so black sedans in the parking lot.
This means that all the key figures of the group have gathered.
In the living room, I waited for the study meeting to end.
The contents of the meeting are already guessed.
The media reported unusual exchange rates every day and continued to warn that the behavior of merchant banks that manage funds with long-term loans by introducing short-term foreign currency capital is dangerous.
However, there have been a series of government announcements ignoring these warnings.
It was the famous ‘economic fundamentals’, referring to the situation in which Korea has a strong industrial structure and a cumulative trade surplus.
This famous rhetoric by the Deputy Prime Minister for Economic Affairs had the power to turn a blind eye to an imminent crisis.
However, the tie warriors who felt the crisis were different. Realizing that it was already too late, I prayed and prayed that the coming typhoon would weaken.
Just like the people gathered in the study.
# # #
“For foreign exchange flowing into the group, you cannot spend even one dollar, one yen, and one mark. We need to sort out the hot money that is imminent for overseas payments.”
“The banks don’t even seem to want to release the dollar. I’m holding on tight.”
“Due to the rise in the exchange rate, export exchange gains are good, but the conversion to the won is on hold.”
The urgent voices of the presidents of affiliates continued.
“Have you ever contacted the Deputy Prime Minister?”
Chief Lee Hak-jae, who was sitting next to Chairman Jin, carefully asked, looking at his eyes.
“you? Have you ever called?”
“They avoided my calls.”
“There’s no way he wouldn’t know that your phone is mine. It’s clear that this bastard is avoiding calls from businesswomen right now.”
Chairman Jin’s clenched fists gained strength.
“How much money do you have if you collect all the extra money in the group?”
“If you pay with hot money by the end of the year, it will be a little over 400 billion won. Of course, foreign exchange is at the bottom.”
“When we acquired Hando Steel, a lot of money went out, and after the acquisition, money continues to come in.”
Chairman Jin shouted at the presidents of affiliates.
“Don’t give money to give, get money to receive right now. And turn all your money into dollars.”
However, the reaction that came back was not like Young Poetry.
“Even if you pay more than the market price, it won’t work. The only thing that comes back is the sound of everyone crying because there is no dollar.”
It was clear that the crisis was not normal.
There is no one who is intimidated by the president’s shouts. Impossible is because you have to say that it is impossible and come up with other measures to survive.
“Soon the singularity will come. Even if the exchange rate rises to 2,000 won or 3,000 won per dollar, you may not be able to find it because there are not enough dollars.”
There was only silence in the study. No one opened their mouths. no i couldn’t
No one expected that the tsunami of the financial crisis that hit Southeast Asia would hit Korea as well.
No one yet knows how to stop the tsunami.
At this time, Director Lee Hak-jae opened his mouth. He realized where the lifeboats were.
“President. Ajin Group.”
“why? Did they have dollars in their secret storage?”
“No, that’s not it, you know the takeover payment? 1.2 trillion won.”
Chairman Jin stood upright with his upper body leaning on the back of the chair.
“yes! Is that Miracle Fund? Would you have it in crisp dollars?”
“yes. We just need to receive that dollar and pay 1.2 trillion won. It’s a lack of money. A bank loan is enough to cover it. There is no dollar, but there is an overflow of won.”
The faces of everyone in the study brightened. Miracle’s dollars are not enough for lifeboats. It is at the level of a port that will keep the ship safe from a tsunami.
“Not only that, but you can take all of Miracle’s dollars by issuing net yield bonds. It would be possible if you pay more interest than Miracle Investment’s annual rate of return.”
“Chief Lee. They will also feel the crisis in our country. If the exchange rate doubles, will you be satisfied with the interest rate on the bonds when you can earn twice as much from the exchange rate alone?”
The president of Sunyang Life Insurance pointed out a realistic problem.
“1.2 trillion should be given at the exchange rate rate. I was talking about bond interest on spare dollars.”
Soon after, the study became noisy. As I searched for some possibility, thoughts to turn that possibility into reality came and went.
At this time, President Jin’s laughter burst out.
“Hahaha! stop all I can take care of that matter.”
Everyone’s eyes turned to Chairman Jin.
“I am very close with the owner of Miracle Investment. Hehehe.”
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