He is Already a Tycoon at a Young Age! - Chapter 33



Only Krnovel

#033

The next morning, in the living room of Ji-sung’s great-aunt’s luxury apartment.

“Your Majesty, do you know what this is?”

“It’s a bearer bond.”

“Yes, 500 bearer bonds worth 100 million won each. The chairman told me that this was the purchase price.”

My uncle’s mouth also dropped open at the words of Director Kim, who took over as the Chief Secretary of Samjeong Group in place of my uncle.

“The chairman took this out.”

My great-uncle still calls his father-in-law, “Chairman.”

“Yes, the chairman said jokingly that if he continued like this, he would become a beggar.”

“Great uncle.”

“Speak.”

“The value of this bearer bond isn’t 100 million?”

“As expected, Ji-seong, you are different. If you sell it at the Gangnam loan market, you will receive more than 120 million won.”

why?

Because it is a bearer bond, there is no gift tax or inheritance tax.

“If that’s the case, then my grandfather gave me more than 60 billion.”

What I’m suggesting is that you try the cultural heritage auction business.

‘If the chairman tells me to do it, I have to do it~’

* * *

March 27th, living room of Ji-sung’s luxury apartment.

“Japanese electronics companies make such large TVs.”

“There is clearly a difference in technical skills.”

Today is the official debut of the dance group that will become the future cultural president. So I am waiting in front of the TV. And Kim Dae-young, the president of the music planning department, and Taean Yanghwa, the president, were invited to have dinner at the house, but they went out for a while and came back right after dinner.

Just by looking at it, it looks like he bought some digestive medicine.

“Try this too.”

My great-uncle brought a plentiful amount of tropical fruits to Kim Dae-young, the president of a music agency, who was on the verge of death from stomach ache.

Taean Yanghwa CEO looks relieved that the fruit is not placed in front of him.

“Hahaha, the manager really seems to be very generous in every way.”

The first thing that Kim Dae-young, the president of the music planning company, saw of his great aunt was her carrying 5 billion won in cash in a large bag.

“Director, what kind of fruit is this?”

At this time, tropical fruits were still not widely known.

‘If it’s foreign fruit.’

It was a time when bananas and pineapples were all we had. However, I was born into a special family, so from a young age I ate apples, mangos, guavas, and rambutans, which were not even officially imported, like apples.

“The yellow one is apple mango, the one on the other plate is guava, and the last fruit is nambu tan, I’m not sure if you’ll like it, eat it and watch TV.”

My aunt knows that I didn’t call those people just to watch a singing show.

“thank you.”

Kim Dae-young, the president of the record label, answered.

He gave a hint to Tae-Wan Yang-Hwa, the president of the company, who was older than him, that he had to eat everything.

“Here we go. Hey, our shoes are on TV. Hahaha!”

In the eyes of the Taewan Yanghwa CEO, all he could see was the shoes that Taean Yanghwa had produced in advance, 100,000 pairs, rather than the dance group that would later become the cultural president.

“Great uncle.”

“The shoe advertisement featuring the singers from that group that was pre-printed in the three major daily newspapers tomorrow will be on the front page, and the broadcast advertisement will also begin tomorrow.”

“Taean Yanghwa Ramen might sound a bit old-fashioned, so let’s just go to Willa first, right?”

“Okay, first of all, Willa.”

Maybe that group will become more famous because of the shoe commercial I’m going to do on a big scale.

“Do you only see shoes? Don’t you see the stars who will take charge of the future of our record label?”

“Of course you can see it. But sir.”

“Yes, our largest shareholder.”

“The stage costumes seem too plain.”

“Yes, first of all, the music itself is so unconventional, so we prepared the stage costumes without any problems.”

“From the next broadcast, please prepare the outfits that the group leader wants, and Mr. Taean Yanghwa, please check the stage outfits that the future star will wear in advance and prepare for mass production. You should prepare everything from hats to accessories so that they can be sold immediately after the broadcast.”

“Yes, I understand.”

If this were the Internet-enabled era, every fashion item worn by big stars would sell out the next day. But it doesn’t have that kind of ripple effect yet.

“I will do it. I will do it.”

At that time, Jeonju flowed.

Three singers were seen bowing their heads while waiting for the intro on stage.

-You know, I know-!

* * *

April 7, Samjung Group Chairman’s Office.

“The Korea Composite Stock Price Index has fallen further. As a result, the stock prices of group affiliates have also fallen significantly. When I checked the total amount of stock prices that have fallen, it was around 300 billion won.”

“Has it been on a downward trend since the beginning of this year?”

“Yes, that’s right.”

“The guy was on a roll, but he’s going to fail once. You have to fail, too, so you learn how to move up. By the way, what was that thing I asked you to find out?”

“It is said that the dance singer debuted by Han River Entertainment, of which Ji Sung is a major shareholder, is gaining explosive popularity.”

“Really? So you’re saying he’s talented in the entertainment planning business too? My grandson is a jack of all trades, a jack of all trades.”

“Yes, it seems so. And they are said to be a candidate for first place on a music show this week. It’s a huge sensation to already be a candidate for first place after not even two weeks since their debut.”

“and?”

“yes?”

“My grandson Ji-sung won’t just sell records.”

“Ah, Taean Yanghwa, which was acquired by Jiseong-gun, is mass-producing and selling the shoes that those singers wore. Those shoes also have the brand name of the Italian fashion group Willa and are selling like hotcakes.”

“Director Kim.”

“Yes, Chairman.”

“I mean, I don’t really like comparing people, but I’m hoping that Director Kim will stay as my Chief of Staff for a long time, so I’ll just say this.”

“Yes, Chairman.”

“My eldest son-in-law reported in numbers at such times. I hate comparing, but I judged that Director Kim had improved sufficiently and was as capable as my eldest son-in-law, so I appointed him to that position. Don’t disappoint me.”

“Yes, I will keep that in mind. I will check it right away and report back to you with accurate data.”

“That’s it, it was a huge success. I’m sure the 100,000 pairs of shoes we prepared in advance will all sell out, haha, that guy Ji-seong is an all-rounder, an all-rounder genius!”

The chairman of the Samjung Group has once again confirmed his grandson’s abilities.

* * *

April 8, Jisung’s Investment Office.

“Pacific Investment Corporation has completed its establishment in the United States. This investment office has now become the investment office of the Korean branch of Pacific Investment Corporation.”

My great-uncle, who is the CEO of Park Seon, told me.

“Mr. CEO, I heard America is about to get hot right now?”

I checked the newspapers to see if there were any LA riots starting in April 1992, but I couldn’t find any related reports.

‘As I regress?’

Is the butterfly effect happening?

‘Come to think of it.’

The butterfly effect has happened quite a bit.

If Samsung Electronics’ decision not to enter the semiconductor business is a butterfly effect, then it is a butterfly effect.

In 1992, the Rodney King incident in LA was nowhere to be found, but it was confirmed in 1993 that it had actually happened. So, the LA riots will happen someday.

“In which part?”

Just because I’m the CEO doesn’t mean I can check and analyze everything. So, I, who know the future, have to be the guide.

“The Rodney King incident happened.”

This is an event that cannot help but seem unfamiliar now.

“?”

The general manager looks like he doesn’t know what he’s talking about.

“Look at this newspaper.”

I showed the general manager the newspaper I had seen.

The paper carried a short article about Rodney King, a black man, who was arrested by the U.S. Transit Police for drunk driving and was beaten by a group of police officers after his arrest.

“I don’t know.”

“Yes, it’s still a small article, let me tell you about the incident where a black criminal ran a red light and was arrested and assaulted.”

“Hmm, are you trying to tell me about racism?”

“I think that depending on how the small incident is handled, it could become a racial issue, and if the assault officer is acquitted after the trial, it could lead to a riot.”

At my words, CEO Park Sun shook his head. And the four investment experts sitting quietly also looked like they thought my prediction was too much.

“It seems like not everyone thinks so.”

“Yeah, I think that’s a bit of an over-prediction.”

“That could be true, if black people were to riot, the U.S. composite stock index would probably fall a little bit.”

“It depends on the scale of the riots, but if the riots are significant, caused by black people, it will have some impact on the U.S. composite stock index.”

“Does everyone think like the CEO?”

Manager Han Jun-ho looked at me at my question.

“Chief, LA is the wealthiest city in the United States. It is also the major city in the United States with the greatest gap between the rich and the poor. At first, I thought your prediction was too much, but then I realized that it was a small ant hole that collapsed a huge dam. Anyway, if you were to ask who among the major cities in the United States is the black person who is most dissatisfied with white rich people, it would be the black person in LA. And if the police are found not guilty, there is a good chance that they will be angry.”

“If that happens, it could lead to a riot, right?”

“Yes, I think the scale is important. And I’m reminded of a proverb right now.”

“What proverb is that?”

Perhaps the proverb that investment manager Han Jun-ho came up with is that when whales fight, the shrimp gets its back broken.

“When riots break out, the LAPD will heavily protect the white neighborhoods where the wealthy live. Then, the black people who become angry and turn into rioters may attack the Korean neighborhoods in LA.”

As expected, investment manager Han Jun-ho is someone who thinks differently.

“I thought I could do that too.”

“Jisung, you’ve been making enough risky and gamble-like investments up until now. Even if you think it’s time to use the newly acquired funds, how about making a slightly more stable investment?”

“I also agree with what the CEO said.”

Team leader Lee Seo-jin said to me.

“Yes, I would still like to invest, I would bet on a small decline in the US composite stock index.”

To be precise, it’s investing in the LA riots.

‘It’s not something I can stop.’

So, I should use it. And after the investment is successful, I can donate some of the investment profits to the LA Korean support fund.

“How much is that small investment?”

“I will invest exactly 10 billion.”

“10 billion is a small amount, Ji-seong-ah.”

“The 30 billion won in reserve funds was set aside for times like this.”

My uncle, who is the general manager, shook his head at my words.

‘There are also 50 billion won worth of bearer bonds.’

But I have no intention of cashing it out yet.

“Everyone says that this is the most dangerous prediction and also a gambling investment, so I will entrust the investment related to the recent decline in the U.S. composite stock index to Team Leader Lee Seo-jin, who makes the most stable investments among the four investment managers. Please invest with a short-term maturity of two months.”

“Sir, if you leave it to me, I will lower the expected rate of return as much as possible and ensure stability.”

“Yes, please do so.”

“All right.”

Everyone looks worried.

‘But the LA riots will become a reality.’

It’s just a bit frustrating because it’s a future that only I know. So all the investments I’ve made have to be successful. And the investment related to the decline in the US composite stock index has to be successful. Only then will those investment managers trust me more.

Episode 34