The Youngest Son Of A Rich Family Chapter 77

[077] The sword wind blows 3

“Lee Jong-cheol, chairman of the transition team. In the early days of the regime, it is said that this person will lead. The first chief of staff is likely.”

“Lee Jong-cheol? This guy isn’t even a DJ? It’s JP’s side.”

When Oh Se-hyeon heard the name of the second person in the next administration given by Chairman Jin, he couldn’t believe it.

“In terms of intelligence, wouldn’t grandfather be more accurate? Let go of your doubts.”

“Well, the Sunyang Group figured it out, so what’s the point?”

“Should we meet?”

“President Jin let go of the line?”

“How much have I done so far? And our Miracle is a major shareholder in Sunyang. You should do that, of course.”

The president-elect or the transition chairman should be careful about their behavior until the inauguration ceremony. This is because if you meet a specific person, you will be immediately exposed to the media and caught.

Only a person with that much power can hold a secret meeting, but it is difficult for Chairman Jin to refuse a meeting proposal.

“Good. Now let’s play in the big water. Hehe.”

“Let’s meet together from now on. If I wear a suit and stand next to my uncle, won’t I look like an attendant?”

“What? You’re not saying you don’t trust me, are you?”

He seemed surprised to hear that he would meet him in person, but soon joked about it.

“Politicians speak bluntly. I think it would be better to meet together for an accurate interpretation.”

“Will I recognize you? If it’s Chairman Sunyang’s grandson, the opponent might be cautious.”

“I am not a celebrity. It was the last time I saw your face briefly on TV after the CSAT last year, but I can’t remember.”

If you are the transition chairman of the regime, there is no way you will watch a broadcast that is nothing more than gossip.

What matters is how accurately he knows reality.

Of the 3.2 billion dollars, 1 billion dollars was transferred to Sunyang Group, and I really wanted to know what he thought of the value of the remaining 2.2 billion dollars.

If he devalues the dollar, he is just a politician with no sense of reality.

Is Lee Jong-cheol really the second-in-command of the next administration? Or is it a scarecrow whose role is to hold the doorknob and only open the door?

* * *

“Hey you bastard. Wearing a suit like this sucks?”

“No matter what I wear, I buy clothes. Didn’t you know?”

“Anyway, there is no such thing as humility.”

Oh Se-hyun patted me on the back and started walking towards the elevator.

“This hotel is the home of politicians.”

“It’s right in front of the Blue House Government Complex and close to Yeouido… There’s no place like this.”

“I guess it’s more because it goes directly from the parking lot to the guest room, so there’s no need to worry about being noticed?”

“therefore. What kind of guy has so many secret meetings. Naughty bastards.”

The two of us chewed on the politician and went up to the meeting place.

I knocked lightly on the room and a familiar face I saw on TV opened the door.

“Representative Oh Se-hyun?”

“yes.”

“Come in.”

In the room, three or four members of the transition team were talking, but when we entered, they closed their mouths.

“Okay then, proceed like that and go back first. I have something to share with him.”

The transition committee members lightly bowed their heads and left the room.

“welcome. I am Lee Jong-cheol.”

“This is Oh Se-hyun. You must be busy, but thank you for taking the time.”

“you’re welcome. Aren’t you the one who saved the reeling Ajin Group? I have to give thanks.”

It’s a different attitude than expected.

He is a graduate of the 16th class of the Military Academy and served as a member of the Democratic Party after working for the Central Intelligence Agency during the 5th Republic. With this level of experience, it should be far from humility and close to arrogance, but it is a very polite way of speaking.

Whether this is a good way to live or whether it is an innate personality remains to be seen.

“Who’s young over there…?”

“Oh, this is my step. Just in case, let me tell you first, there are no secrets between me and this friend. I’m going to tell this friend everything about today’s conversation with the chairman anyway, so please sit with me.”

“I see. There won’t be much to hide, but you’re worrying for nothing. haha.”

I bowed my head to Lee Jong-cheol and said nothing. Anyway, that person didn’t seem to be interested in me either.

“Chairman Soonyang said he was someone who would bring good news, is that correct?”

“You must be busy. You’re starting with the main topic right away.”

“Ah, excuse me. Let’s sit down.”

Chairman Lee Jong-cheol led us to the reception sofa in the center of the room.

“There is about $2.2 billion in funds available at Miracle Investments’ New York headquarters. I intend to bring the money back to Korea.”

“There must be a condition, right?”

I was not at all surprised to hear that it was $2.2 billion. It must be the number you hear for the first time, but are you calm? Or do they not know the value of $2.2 billion?

“yes. The reason I asked to see the chairman is to tell you the conditions.”

Oh Se-hyun handed over the prepared file, but Lee Jong-cheol glanced at the title and put it down on the table.

“Why do investors want to get involved in construction? Finance and tools don’t look very good together.”

“The plan is not a tool business. It’s part of it, but it’s a separate business. Thank you for your positive review.”

“If positive, does that mean you will pour dollars into Korea?”

“yes.”

“You’re going to pour in, make huge profits, and take that money back to America, right?”

I say it with a smile, but it’s not a favor.

It was clear that being an American investor gave this person a preconceived notion. A dark-haired foreigner is staring at Miracle as a means of leaking Korea’s wealth abroad.

“Isn’t that an obvious step? Perhaps the future of Ajin Group cannot escape from this, right? After normalization, it is divided and sold, and the profits go to the United States. Isn’t it?”

“no. Chairman. Quite the opposite.”

When I opened my mouth, Lee Jong-cheol’s eyes widened.

“the opposite?”

“yes. Our Miracle works by bringing money earned in the US to Korea. So far, our company has made a lot of profits by investing in Dell Computer, Microsoft, Hollywood movie, Japan’s Softbank, and acquired Ajin Group with the money earned. In a way, it is an export force.”

“Your young friend is playing with words. Are you an export force?”

6 For those who lived in the 70s, the word export power is a symbol of pride and pride. This is because exports are the driving force behind Korea’s growth from one of the world’s poorest countries to an economic powerhouse.

Because Korea lacks resources, you must have heard that human resources are everything and exports are the only way to survive.

However, it is the first time he shows displeasure when he speaks the words of high pride from the mouth of a guy who is only playing with money.

“Isn’t exporting the act of earning dollars? We do not sell products, but earning foreign currency is the same.”

“It might seem that way now. But in the future?”

This man is also very… suspicious. Is it because you are from the intelligence service?

“Chairman. If you only thought about making money, it’s more than doubled even if you take care of the exchange rate difference. Even if the plan I gave you becomes a reality, it is difficult to guarantee double profits.”

When Oh Se-hyun stabbed the core, he finally picked up the file.

Lee Jong-cheol, who skimmed through the contents in an instant, put down the file and opened his mouth.

“It sounds like a plan to create a mecca for the Korean media industry…. Not bad.”

Lee Jong-cheol’s attitude changed. Suddenly a friendly voice.

“Are you planning to invest all $2.2 billion in the media industry?”

“no. Only some of them are invested. In fact…”

Oh Se-hyeon took a moment to look at Lee Jong-cheol.

“I plan to invest in various fields. I plan to leave American investors to the locals and become a manager in Korea.”

“How about IT?”

Lee Jong-cheol asked with his eyes twinkling.

“If you invested in Dell Microsoft Softbank and made huge profits, I think you are a bright person there. Isn’t it?”

Confused by the sudden question, Oh Se-hyun could not answer easily. Aren’t IT investments all led by me?

I was delighted when this question came up.

Didn’t the people’s government pour its energy into fostering IT-related venture companies in order to revitalize the economy that was in recession due to the IMF crisis?

Moreover, it is the government that even raised the topic of cultural enrichment.

If only the signboard of an American investment company is removed from Miracle, Media City is in line with the core task of this government.

“IT will help a lot in fostering SMEs. Even in the case of the United States, venture companies that started out in Silicon Valley have grown rapidly enough to raise concerns about the current bubble. One turn of the steering wheel at the government level will yield great results.”

Government officials and politicians only need to give the answers they want to hear. The answer Lee Jong-cheol wants right now is the bright future of IT.

“As expected, this is a field that young people know well. It’s clear.”

Lee Jong-cheol asked Oh Se-hyeon with a bright expression.

“How is it? Would you consider investing in IT as well?”

Before my uncle unconditionally accepted, I answered first.

“Chairman. Our Miracle does not think of IT investment at all.”

In an instant, the two men’s expressions changed. The uncle looked puzzled and Jongcheol Lee looked displeased.

It was only natural that he rejected the proposal of the core of the regime with a single stroke.

“IT ventures should only grow on the nourishment of groundbreaking ideas and technological prowess. Any involvement of private capital will only take away ideas and technology. The youth of venture founders should not be taken away by capitalists.”

Lee Jong-cheol widened his eyes at my unconventional opinion.

“Then, should the industry subject be the government?”

“yes. I think it would be best for the government to prepare only good flower beds and watch them so that young venture entrepreneurs can be born.”

“If it’s a flower bed…?”

“Building an IT infrastructure. And if you keep an eye on it, good results will come out. Silicon Valley grew up this way.”

Lee Jong-cheol was silent for a while.

It was felt that there was still no specific plan on how to start the government’s new power project. Now you will have to orient yourself.

After the inauguration of the government, the message of hope to the people should not be delayed, so the conclusion about IT and Media City will come quickly.

“I heard good comments. We will thoroughly review this plan and contact you. And can you elaborate a bit on your investment plan for $2.2 billion? We will actively review it at the government level.”

I wanted to call for cheers. This is a great offer.

Actively reviewing by the transition chairman is just another expression of approving.

Oh Se-hyun politely grabbed Lee Jong-cheol’s outstretched hand. But Lee Jong-cheol did not extend his hand to me. Is this a way to imprint a sequence?

When he left the hotel, Oh Se-hyeon was laughing until his mouth was torn.

This is because it is tantamount to receiving a definite answer that the government will support it if it brings only 2.2 billion dollars.

Lee Jong-cheol pretended not to, but desperately wanted the dollar. Can we push it because we’re pretty?

“Are you serious about what you said earlier?”

“What do you mean?”

“It means not investing in IT.”

“yes. Are you serious?”

“why? If it is fostered at the government level, it is a gold mine. Even if you don’t, there are quite a few venture companies knocking on us.”

I let out a short sigh and looked at Oh Se-hyun.

“uncle. We are the owners of a company competing with Daehyun Motors. Isn’t a venture a place where young children struggle to make money? We have to play in the big leagues.”

“Aren’t you looking too easy? It is not negligible when the scale is large.”

“Uncle, do you know how much Sunyang Electronics’ operating profit was during the semiconductor boom a few years ago? It was a whopping 2 trillion won. No matter how big the venture is, it can’t reach the tip of Soonyang Electronics.”

Even after 20 years, there is no time to look at IT companies that are only posting 1.2 trillion won in sales. Hundreds of trillions of companies are beckoning toward me.

—————————————=