He is Already a Tycoon at a Young Age! - Chapter 17



Only Krnovel

#017

Samjeong Life Insurance CEO’s Office.

“Chief Jang.”

The president of Samjung Securities appointed his closest confidant, the head of stocks at Samjung Securities, Jang, as his son’s advisor and agent. And Seung-hyun, the son of the president of Samjung Life Insurance, was also sitting in the president’s office.

“Yes, sir.”

“Isn’t there Daeyang Civil Engineering invested in a borrowed-name account managed by Manager Jang?”

“Yes, we are managing 20 fictitious accounts, the invested amount is about 10 billion won, and the current stock price of Daeyang Civil Engineering is about 2,500 won per share.”

Director Jang was an elite enough to answer questions directly. So he must have become the closest associate of the third generation of the conglomerate.

“Throw all the Ocean Civil Engineering stocks held in 10 different accounts at the lower limit.”

“If you throw it at the lower limit, you will suffer a great loss.”

“The loss is not important now. When the price reaches the lower limit, Seunghyun will buy Daeyang Civil Engineering stocks. If you do it that way a few times, 1 billion will quickly become 10 billion.”

“Father, that’s against the rules.”

The president of Samjeong Life Insurance frowned at Seunghyun’s words.

“Do you think your uncle wouldn’t do the same as me? This isn’t a grandfather’s game where he enjoys his grandchildren’s investment games, it’s a proxy war. And where is there any foul play in war? If you look closely, your grandfather also beat his two older brothers by foul play and became the head of the Samjung Group. Come to your senses.”

“yes.”

Seunghyun was at a loss for words.

“But the good thing is that you just have to win the match, and since your uncle is in Japan concentrating on his cell phone business, which is not even worth worrying about, you don’t have to worry about Jihyeong and Jisung.”

“Excuse me, boss.”

At that time, Manager Jang stepped forward.

“why?”

“I don’t know about Lord Jihyeong, but Lord Jiseong will be different.”

“What does that mean?”

“The eldest lady will provide intensive support. And next to Master Ji-seong is Director Park, who has resigned.”

“Ha, now that I hear it, that’s true. My new brother-in-law is always by that guy’s side. That’s why I think of Manager Jang as reliable. Manager Jang.”

“Yes, sir.”

“I will use the 1 billion that Seunghyun received in my own way.”

“Yes, I understand.”

“There are many small companies that can lower and raise their stock prices by handling.”

In other words, this means that the president of Samjung Life Insurance has been manipulating stock prices using Vice President Jang. Of course, the reason for continuing to manipulate stock prices like this is probably to create slush funds for the succession of the group.

* * *

The maternal side of the terrain.

“Father, please help me.”

Jihyeong’s mother came to find her father.

He tried to help the terrain in his own way.

“What power do I have?”

Jihyeong and Jisung’s maternal grandfather was a retired three-star general.

“Father, I don’t know anything about stocks and I don’t know anything about business. Jihyeong’s father is in Japan because of a mobile phone business problem. There’s no one to help Jihyeong.”

“That’s true.”

“The young masters will not be picky about the means and methods.”

“Is there anything I can do about it?”

“You can win the military supply contract through the company established by Jihyeong. He still has that much power. Many of my father’s classmates are still in the military.”

As expected, the general’s daughter was the general’s daughter.

“Hey, but why do you only take Jihyeong’s side? I heard Jisung is also participating in the match.”

“Jisung can do well on his own, so I’m worried. I keep thinking that he might take away everything that his older brother should have.”

“You’re not an old woman, and yet you’re complaining about the eldest son?”

“Okay, please help me.”

“Okay, I’ll try my best, I’ll go find my seniors and bow my head to my juniors. But my in-laws are from Samjeong Group, so even though I’m retired, there aren’t any generals who ignore me.”

In this way, everyone began to support their children in their own way.

* * *

March 3, 1992, Ji-seong’s room.

Yesterday, I asked Mr. Park Sun to help me find a talented new producer in the Korean music industry.

[Please let this spread.]

[I told you that investments should be secret.]

[To deceive my two uncles.]

[Cheat?]

[As you said to me, movies and albums are more difficult to succeed in than stock investments.]

[Okay, I got it, and I’ll also check the index fluctuations through Daewoo Securities.]

[Yes, sir.]

[But Ji-seong.]

[why?]

[Your mother?]

[Why your great aunt?]

[No, not Miss Misun, but your biological mother, your little ma’am.]

[It seems like your uncle is still having trouble getting the hang of formalities.]

[Actually, that’s a bit true. I got a call from your father yesterday.]

[Father?]

[Yes, he was on a business trip to Japan and told me how grateful he was to me and asked me to take good care of your great aunt.]

[The rest of the uncles don’t say anything?]

[In fact, the son-in-law of a conglomerate family is just a guest and a servant. And I also come from a servant background.]

[Sir, if I get into the semiconductor business or the mobile telecommunications selector business, the president position will go to my uncle.]

[Because you’re young.]

[Yes, but at least my two uncles won’t be able to ignore my uncle. No matter what anyone says, my great aunt loves me and my uncle also helps me the most.]

[Hahaha, even if it’s just empty words, I appreciate it.]

[But why, Mom?]

[I heard you went to see your maternal grandfather the other day.]

Mr. Park Seon, no, my great-uncle was watching my competitor’s movements for me.

[Your maternal grandfather?]

I frowned without realizing it.

‘My father is in Japan···.’

Anyway, Mom probably took action herself because she knew Dad would never cheat due to his personality.

Since I don’t know much about stocks, investing, or business, I had no choice but to go to my grandfather.

‘No matter what anyone says, she is the general’s daughter.’

My maternal grandfather was a general.

Maybe my mother is thinking about the military procurement corruption using my maternal grandfather.

‘That might make some money.’

And the grandfather will not be able to refuse his daughter’s request.

This is difficult.

***

Mr. Park Seon used all his connections to place a music producer in front of me.

“Are you surprised?”

“Yes, I was surprised because someone who belonged to the Samjeong Group, no, the eldest son-in-law of the Samjeong Group, came to see me.”

My great-uncle, Mr. Park Seon, is now a celebrity.

What should I say?

You could call him a male Cinderella.

Of course, only those who know this know this.

“I asked you to do it. First, let me introduce myself. My name is George Sung. You probably want to know more about my sign than me, a young child.”

Usually it is.

“I find this situation amazing.”

“I guess so. I am the youngest grandson of the Samjung Group. My grandfather held an investment competition for his grandsons. He said he would give a prize to the person who wins first place.”

“Is that so? The conglomerate groups are really different.”

“Actually, it’s not common.”

“You’re so good at speaking even though you’re young. I guess that’s why they say that chaebol families are different.”

“It looks different, but it’s actually similar. Anyway, I want to be number one. That’s why I thought about investing in the cultural industry, specifically the music business. According to the business card, it says producer Kim Dae-hyung.”

“Yes, I belong to the Korean Peninsula Records label.”

I guess I was born with luck.

‘If it’s a Korean record company.’

This is the company that the kids I thought of belong to. Of course, it’s a bit strange for a young me to refer to them as those kids.

“Which new singers are you promoting on the Korean Peninsula album these days?”

“yes?”

Producer Kim Dae-young asked me back with a bewildered expression.

‘This may be the first tempering in the Korean music industry.’

I’ll show it to all my competitors.

I started digging.

* * *

Samjeong Trading Company President’s Office.

“Jisung met a record producer?”

“Yes, from what I have received, that is the case.”

Of course, this information was leaked intentionally by Ji-sung.

“That guy is truly a different breed, and he’s unique.”

“I thought I would invest in stocks, but it really is a strange place.”

“Okay, so Seung-soo’s rival is Seung-hyun, the second oldest brother’s son. He has to win no matter what.”

“Yes, that’s right.”

“What method would be better?”

“Boss, do I have to use any means necessary?”

Samjeong Trading also engaged in apartment construction business.

“of course.”

“Then egg yolk is the best.”

“Eggplant?”

“Yes, that’s right.”

“Even so, if Seungsu buys land on the site where Samjeong Trading is planning to build an apartment complex and uses it to plant seeds, it would be like trying to block the sun with the palm of one’s hand.”

“It looks like that. There is a subcontracted construction company for the construction division of Samjung Trading. It is called Hosu Construction and they are currently building a small-scale apartment complex in the metropolitan area.”

“You’re saying you want to become independent from the subcontracting company?”

“That’s usually the case with construction subcontracting companies. They take on subcontracts and also do their own construction work.”

“so?”

“If you meet the president of Hosu Construction and shake hands, I’ll take care of everything. If you start with 1 billion won and make it 5 billion won, and do that a few times, you’ll quickly reach 50 billion won.”

“Hehehe, Director Kim, aren’t you working too openly?”

“I am telling you this because you told me not to be picky about the means and methods.”

“Yeah, I have to win first. I’ll have dinner with the president of Hosu Construction.”

The important thing here was that Director Kim’s brother-in-law was the president of Hosu Construction.

Episode 18