A Returner’s Successful Investment Method - Chapter 643
Only Krnovel
Episode 643 malay scandal (4)
Ming Liu’s childhood dream was to become a movie star.
While reading books or watching movies, I imagined myself becoming the main character and doing great things.
However, he was well aware that his looks and talent were not enough to become a movie star, and he gave up his dream early on.
But I was always interested in that.
So, as soon as he had money, he jumped into the film industry.
To this end, a media investment company was established and a film company was acquired. Although he invested a lot of money, he had little interest in making money.
All Ming Liu wanted was to meet people in the film industry.
Until now, he had no particular connections in the film industry. But it wasn’t long before he did and he quickly became a household name in the industry.
The reason is because money was thrown around at the party.
Suddenly, people gathered around him.
Ming Liu enjoyed parties and meals with movie stars she only saw on screen.
Although he became friends with many stars, there was one person he liked the most.
This is Leon Laclair.
Ming Liu has been a fan of Leon Laclair for a long time, so she showered him with gifts as soon as she met him. Thanks to her, she was able to quickly build friendships.
Ming Liu felt great pride in becoming Leon Laclair’s best friend.
Leon Laclair’s 48th birthday party was also prepared with great care and an expensive painting was given as a gift.
Hoping he would pay more attention to himself.
However, Leon Laclair actually paid more attention to another person who suddenly appeared at the party.
“I never thought Corey would bring the co-CEO of Continue Capital to my birthday party. The movie Darian is currently filming is based on the Game Start incident. The one who caused that situation was Continue Capital. Darian said that Han Miru played a big role in that. So he gave me a lot of advice about movies.”
Even after the party, mentions of Han Miru continued.
“You’re so young, but you’re the co-CEO of Continue Capital. Isn’t this amazing? It seems like Darian and Corey are very close. He said he met him when he visited Korea last time. I also want to become friends. “I’ll definitely have to invite you to the next party.”
Ming Liu has worked extremely hard to become close to Leon Laclair.
He threw a party, gave gifts, played with his lover, and even rented a yacht.
I thought we had become best friends now.
But the first Asian man to appear captured Leon Laclair’s heart in an instant!
I smiled on the outside, but jealousy boiled inside.
“What kind of person is Han Miru? Does he know anything?”
“I’ll take a look.”
Not because of Leon Laclair’s request, but out of personal curiosity, Ming Liu looked into Han Mei Lu.
Continue Capital is a private equity fund that is famous not only on Wall Street but also around the world.
So far, I have made numerous successful investments and made an astronomical amount of money. Thanks to this, David Lockhart had a reputation as the best investor.
On the other hand, Han Miru’s name is almost unknown.
‘Korean?’
Born in Korea, he graduated from Korea University and later joined DA Securities.
And not long after joining the company, he came out and exposed the fund’s insolvency.
Nothing is known about his subsequent actions.
‘What on earth happened in the meantime to give you the title of David Lockhart and co-CEO of Continue Capital?’
However, as I continued to research, I discovered some surprising facts.
It is said that he visited Japan during the escape of Chairman Thierry Samara, and later contacted Softbox Chairman Song Kazuki, Sunir Group Chairman Amit Gupta, Enple CEO Tom Keaton, and Facenote CEO Mike Goldenberg.
Hanmiru has always been involved in Continu Capital’s important investments.
‘Unlike David Lockhart, who is staying at the headquarters in New York, are you contacting people for direct investment?’
The reason I came to the United States this time was to watch the launch of the spaceship.
Given the circumstances, it appears that he is also friendly with Allen Everhart.
The more I know, the more I don’t know.
How on earth did an ordinary young man who worked at a securities firm in Korea become the co-CEO of Continue Capital?
Ming Liu tilted his head.
“What is this guy doing?”
* * *
next day.
I met Trish in the CEO’s office at Continue Capital headquarters.
“Did you go home well yesterday?”
“sure.”
After yesterday’s talk, we all had dinner together at David’s house.
Maggie, whom I met after a long time, had grown up well.
Before I knew it, my breast fat had disappeared and my height had grown by more than 10 centimeters.
“Kids grow up really fast.”
Trish nodded.
“sure. “Girls usually grow up faster.”
I thought back to when I was young for a moment. I guess Hansena didn’t grow up that fast.
Even now, it seems like it’s still not that big.
Anyway, I am proud to see that Maggie, who was once in the hospital, is now healthy and growing up.
At the same time, I became jealous of David.
When will I have a daughter and raise her as much as I did?
I feel like I have a long way to go.
“I saw it yesterday, but it’s really spacious. “Wouldn’t things go well if you worked in a place like this?”
“I don’t know because I haven’t tried it yet.”
I also came for the first time yesterday.
“Then let’s get to work quickly.”
“Already?”
“Because of this, I handed over all other reporting to other reporters. “I decided to just dig up this starting today.”
Perhaps because of a premonition of a scoop, my motivation was burning brightly.
Judging by the twinkle in his eye, he seems to be a journalist by nature.
We sat across from each other and looked at data on Ming Liu, 1IDB, and Prime Minister Binthi Laim. Even though I only found it roughly, the amount is enormous.
Among these, you need to select useful content.
Trish asked curiously.
“But how did you know that Ming Liu was suspicious?”
“what… … .”
That’s because it regressed.
But I can’t say this as it is.
“He looks like a fraudster.”
“Really?”
“just joke.”
In fact, scammers look more serious.
“I feel a bit suspicious seeing the money being spent. “If it were your own money, would you really be able to spend it like that?”
The easiest thing in the world is spending other people’s money.
The money received from Richman Sachs 1IDB bond issuance was a whopping $7 billion. Even after deducting fees, more than $6 billion would have been deposited into the bank account.
Let’s imagine that one day, you suddenly have about 7 trillion won in your bank account.
At this level, it is like a spring that never dries up no matter how much you pour out.
So I guess I could have had so much fun writing it.
Trish nodded after hearing what I said.
“aha! “Procrastination is as sharp as expected.”
I chuckled.
“Cory is sharper than me.”
“Cory Duncan?”
“yes.”
I told him why I was going to Leon Laclair’s birthday party and how much Corey was worried about Leon.
“Hey, something like that happened.”
“It’s real male friendship.”
If you have just one friend like this, you can say that you have lived a good life.
“Like Miru and Seonwoo?”
I quickly shook my head.
“no. “We’re not that close.”
They are the kind of relationship that makes you feel sick when the other person does well, and laughs at them when they do poorly.
I looked at Ming Liu’s spending history.
Even at a glance, it is shocking.
First, he went around throwing away money at clubs and casinos in Las Vegas.
It is said that he once paid $3.5 million for one night of alcohol alone.
I also had a lot of fun in the casino VIP room.
It is said that the hotel did not collect any money for the room due to how much they lost.
It is estimated that the amount spent in Las Vegas clubs and casinos alone is $100 million.
As if going to parties wasn’t enough, he also hosted a party himself. Here, he invited stars, celebrities, models, etc., and when he returned, he gave each person $100,000.
He also generously gave gifts such as luxury items, jewelry, and expensive paintings to people he became close to.
He seems to like cars, so he even bought a supercar.
Ferrari, Lamborghini, Porsche, Rolls-Royce, Bentley, etc.
Some of these cars I gave as gifts to acquaintances when I got tired of them.
But how do people get around by just driving a car?
I have to take a plane too.
So he bought a jet for $40 million. On this jet, he traveled all over the United States, as well as Europe, Singapore, and Hong Kong.
Real estate was also purchased at random.
A penthouse in Manhattan, a mansion in Beverly Hills, a resort in Miami, etc.
Is this the end?
Of course not.
The ultimate in consumption is a $320 million ultra-luxurious yacht.
On this yacht, which he bought with a lot of money, Ming Liu invited celebrities and regularly held parties.
The yacht is currently anchored in the port of La Ciotat in southern France.
Trish said as if she was shocked.
“It truly shows what it means to spend money like water.”
“Iknow, right.”
Would he really have been able to spend his own money like that?
Somehow, I think life should be lived like this.
The interesting thing is that even with this extravagant spending, we only managed to spend about 1 billion dollars.
Excluding assets like real estate, yachts, and jets, did you spend $500 million?
It’s so hard to spend money in this world.
“So there’s still $5 billion left in 1IDB?”
“It can’t be. “A significant amount of money must have already flowed to Prime Minister Binti Lime and his associates.”
This is not an amount you can afford to eat alone without someone watching your back.
Prime Minister Binti Lime has previously been accused of corruption.
His wife is also famous for being extravagant.
Even among Malaysians, no one would believe that he has integrity.
Maybe they think it’s okay to be a little corrupt because they have great abilities?
But this is also to a certain extent.
The total bonds issued by 1IDB are worth $10 billion.
This doesn’t seem to be a problem right now.
Since 1IDB raised the investment funds by issuing bonds, the money did not come out of the national treasury and was not captured by the national debt.
However, bonds must be repaid when they mature.
What if 1IDB, a state-run investment company, cannot repay?
At that time, the Malaysian government must repay it.
Of course, with national taxes.
The thing that will be most affected right now is the Malaysian general election.
Malaysia is a constitutional monarchy with a king and royal family, and has a parliamentary government system.
Since the leader of the ruling majority party becomes prime minister, the general election is a presidential election.
Let’s imagine that a candidate seeking re-election has consumed about 10 trillion won in national assets.
Which citizen would understand this?
At this level, no matter how high the approval rating is, there is a high possibility that it will fall immediately.
“ah!”
“What’s wrong?”
“I thought of one person in Malaysia who would be in trouble if something happened.”
Should I kindly inform you of this in advance?