The Youngest Son Of A Rich Family Chapter 41

[041]A lot of luck too? 3.

“But will Sumitomo hand over its epoxy manufacturing technology to us? Will competitors like NEC Hitachi and Toshiba stand still? It’s like passing the hilt of a sword.”

When Chairman Jin raised a realistic issue, Lee Hak-jae smiled and came up with a trick.

“There is no connection between a chemical company in Cheonan and Sunyang. You can take over the company with the money that is sleeping in Miracle.”

Just now, Lee Hak-jae came up with a solution to how to spend 100 billion won, which could be lost forever because of the real-name financial system.

A smile spread across Chairman Jin’s face as he banged on the desk.

“Go ahead. immediately.”

When Chairman Jin gave permission, Lee Hak-jae immediately called Oh Se-hyun.

* * *

“Chief Lee. You’re not trying to repeat the same story, are you?”

“It’s a different story. I need to invest some money.”

Seeing Lee Hak-jae’s relaxed smile, Oh Se-hyeon was taken aback. Could it be that you’ve found a way to get your money back?

“Investment?”

“Oh representative. Couldn’t you say that we shouldn’t even invest our money elsewhere?”

“it’s possible. However, we are investing under the name of Miracle, not the name of Sunyang Group. Right?”

“Of course. Sure. Instead, the influence over the company he invests in is Sunyang’s. Can you do this much?”

“Do you mean that you will dispatch one executive level and exercise management rights?”

“of course.”

“okay. Then the company… what’s the name?”

“A company called Eugene Chemical. I am in Cheonan.”

“Coordinate the details with the company and let us know. I will shoot the money right away.”

After a long time, the two ended the meeting without raising their voices.

When I found out about this through the report of my grandfather’s study, I knew why Sumitomo Chemical kept bothering me.

It is a bomb that can be used once at the peak moment. But my grandfather intercepted the bomb first.

Fortunately, because of Miracle, I also got a leg up.

And once again, I got a chance to elicit the admiration of my grandfather.

I didn’t let go of the report until my grandfather came into the study.

“huh? Do-joon. What are you looking at?”

My grandfather seemed surprised to see me putting the papers down on the desk.

“Ah, that’s…”

“Did you steal the documents again?”

also? Does that mean you’ve already noticed?

“This boy. What are you so surprised about? Did you think I didn’t know?”

Seeing the smile on his face, it’s not that he’s angry. I lowered my head and scratched my head.

sorry.

“are you okay. Rather, it is unique. You are the only one who cares so much about the company.”

Grandpa rubbed his shoulders and nodded his head.

“How are you? Do you think you know what it’s about?”

When I showed deliberate hesitation, he pressed on with my answer.

“Because it’s okay. say it. Aren’t you interested in Sumitomo?”

“So Sumitomo stopped production and handed over the technology, and my grandfather is buying the technology, right? With one small SME at the forefront.”

“okay.”

“If you were my grandfather, would you pass this technology on to a Japanese company even if it wasn’t a direct competitor?”

“what?”

“Aren’t you embarrassed? In the semiconductor industry, Japan is ahead and Korea is closely catching up. It is no longer an issue between companies. It is a competition between countries.”

“Japan won’t hand it over to Korea?”

“Wouldn’t the chairman of Sumitomo Chemical often have lunch with the presidents of Japanese electronics companies? Grandpa also eats with other group presidents. Then we will talk about this and that.”

Grandpa’s eyebrows twitch. He realized that he was thinking too easily.

“I think they will stop the transfer of core technology to Korea. It’s just my opinion.”

“so?”

As far as I can tell, he’s a decent guy. As always, it should not end with criticism. alternatives must be presented.

“If it were me, I would put a Taiwanese chemical company first. Not a Korean company…….”

“Taiwan?”

“Taiwan is a cooperative country with Korea and Japan.”

Taiwan is a country that occupies a very important position in the semiconductor industry. This is because it took on the main roles of foundry and packaging.

While Korea and Japan covered the whole from semiconductor design to production, Taiwan focused on the foundry, or consignment production. As a result, it dominated the foundry market, which accounted for 65% of the world, and became a semiconductor powerhouse.

“Choose a coexisting country rather than a competitive country?”

“If it were me.”

No need to explain further. Because my grandfather had already picked up the receiver of the phone.

“Director Lee and President of Electronics. And tell the person in charge of Taiwan at Mulsan to come quickly.”

As he put the receiver down, his eyes overflowed with love for me.

“Do-joon seems to know a lot about semiconductors.”

“There was a lot of talk in the newspapers and on TV, so I studied alone.”

There was a double love in the eyes looking at me.

* * *

The high school I went to was where Sangjun hyung went. It is a private school overflowing with children from so-called well-to-do families.

The chaebol families of the holy bone class and the children of high-ranking officials of the jingol class. For example, middle-ranking members of the National Assembly of 5th term or higher, party leaders, prime ministers or ministers or higher were called jingol.

The six dupoms that followed were the children of families with numerous judges, prosecutors and lawyers, as well as bloodlines from media presidents.

The lowest grade was the children of salaried workers, not owners. Executive level in key positions, including president of an affiliate.

However, there was a slight difference in the attitude of the teachers, but there was not a great sense of incongruity among the students. Appearance was the most important factor just like the age when I started to open my eyes to the opposite sex.

The reason Sang-jun hyung, who has nothing special, is so popular among female students is because he inherited a lot of genes from his mother, who was a beautiful actress.

The subject of no less interest was me, a freshman.

Since I inherited the same genes, I was as good-looking as Sang-jun hyung, but there was a big difference in my attitude toward female students and my grades.

Unlike my older brother, who treats each and every girl who approaches him well, I didn’t show any interest. I was busy studying and also busy with work. There was not even a second of time to invest in children’s dating games.

“Are you really going to organize it?”

“Think of last year’s Dell computers. What happened to the stock after you sold it at $49? It plummeted to the $10 level, and now, a year later, it is recovering little by little. Softbank will add. It’s just a distributor now.”

“Still, Softbank continues to expand its business area. What is the potential value of that part?”

Oh Se-Hyun Now, he doesn’t try to convince me. Always exchange opinions and follow my will. It is not because of the relationship between the major shareholder and the professional manager. I respect my sense of investment without a single failure.

“In Japan, M&A has a bigger negative perception. As Softbank continues M&A, its share price will fall. The results of M&A will come after a long time. Son Jeong-eui, president, sees far away. But investors are impatient. I only look in front of you.”

In July 1994, Softbank successfully went public.

18900 yen per week. Listed at the highest price.

After going public, Softbank was able to grab 200 billion yen at once. CEO Son Jeong-eui immediately declared aggressive M&A, and his eyes turned to the world.

My $230 million investment turned into $850 million and I made $620 million in one year.

Before Softbank’s bubble burst, I pulled out and my aggressive investments stopped.

During the three years of high school, he devoted himself to his studies. It was all about investing in Hollywood movies from time to time as a hobby, and investing in James Cameron’s < Titanic >, which everyone is concerned about, was an adventure.

Hollywood’s conventional wisdom that blockbusters set on water always fail and, as if to prove it, the blockbuster < Waterworld > starring Kevin Costner collapsed, making Titanic difficult to recruit investors.

Thanks to this, the film production company, 20th Century Fox, welcomed Miracle’s large investment and concluded the investment contract without much fuss.

* * *

Fortunately, Sangjun graduated from high school without a major accident. Of course, I didn’t get the grades to enter a plausible university, so I hurriedly left for the United States to study.

A gourd leaking from the inside wouldn’t leak from the outside, but it was rather fortunate for Sang-jun hyung that he didn’t receive even the attention and expectations of the family.

It wasn’t difficult to secretly go to the place you wanted – probably music.

Now, everyone’s eyes are on me, the only high school senior among the three generations of the Sunyang Group.

Will Seoul National University pass students come out for the first time?

Some were watching my grades with eyes full of curiosity, some eyes full of caution, and my parents and grandfather were all watching me with expectations.

The days of high school students who started watching Seo Taiji and Boys’ announcement of disbandment ended on November 13, 1996.

A day spent earnestly praying by all parents in Korea regardless of whether they are wealthy or poor. It was the exam day.

Mother did not stop praying for the exam to be over in front of the school, the exam hall, and grandfather bothered the secretary all day to check the end time of the exam.

Having confidently accepted the test paper, I fell into a mental breakdown from the beginning. I thought I would solve the problem in an instant, but I was blocked from the first problem.

What comforted me was the sound of pain from all over the classroom.

It was fortunate because of the overall difficulty, but I couldn’t be sure.

I calmed down and focused on the exam.

How many one-on-one private tutors would you hire if you invested hundreds of times more than the amount of private academies in ordinary families?

I need to get a lot of grades to match a huge investment to save face… Damn I don’t think it’s easy.

When I left the exam room, my mother hugged me with a worried expression.

“Was it hard? are you okay. It’s over now.”

“Do-joon. let go of the expression It’s also on the news. It is said that this year’s college entrance exam is the worst difficulty ever. Don’t worry too much.”

My father gave me the breaking news, and I felt a little relieved.

Let’s not ask for too much.

You only need to come out as much as you shouted out loud. I hoped that I would get grades only enough to go to Seoul National University’s law school.

* * *

“My youngest is 39th in the country? huh? No, not the whole school, but the whole country! Excluding the science department, if you look at the liberal arts department, it is ranked 10th in the country. Is the entrance exam a perfect score of 400? 367 points. 367 points. It’s just 6 points away from the first place in the country. Isn’t that enough of a difference in condition? hahaha.”

Chairman Jin had already received a memo with the results written the day before the announcement of the CSAT scores.

I had to contact my grandson as soon as I checked the score, but I had someone important to tell me about it before he did.

He was the chairman of Daehyun Group.

“You have to be at Seoul National University’s law school to be qualified to hear that you’re studying a bit. And my grandson, will Seoul National University catch my eye? I would choose between Harvard and Oxford. I have to pay all the tuition for the children of families who don’t have a scholarship… I can’t get a scholarship because I study well… This is really embarrassing.”

After ending the call, President Jin felt empty. I enjoyed a sense of victory that is incomparable to when I beat Daehyun Group in the heavy industry and achieved first place in sales.

“Let’s see… Who else needs to be salted…?”

After making calls to dozens of places, turning over the number stored on my cell phone, I called the executive in charge of the group PR office as if I had suddenly remembered.

“Hey, look at this.”

The executive who received the memo bowed his head and shouted.

“Congratulations. President.”

“Congratulations are over, let this slip away. Let the reporters take pictures of our Do-joon tomorrow.”

“yes?”

“Why is this friend so oblivious? What do you want to play? what do people think The bloodlines of the presidents of large groups are talking about going to a prestigious private university with money. Can I buy this level of SAT score with money? Can you get it with a back? Touch it well so that it doesn’t come out like that in the future.”

“Ah yes. Well sir. President.”

When the PR executive left, Chairman Jin couldn’t erase his smile for a long time, and suddenly felt regretful.

He thought that if he sent Do-jun to study abroad, he would not see him for at least 5 years.

My grandson wouldn’t hurt even if I put it in his eyes… I wanted to keep him by my side forever.

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