He is Already a Tycoon at a Young Age! - Chapter 77
Only Krnovel
#077
March 7, 1997, the reception room of the Samjung Group Chairman’s residence.
I finally came to my hometown.
My older brother happened to come to my parents’ house, and he seemed like the happiest person ever.
‘I can’t see my second brother.’
I heard that my second eldest brother is a troublemaker who causes all the accidents that the three of us brothers would have done alone.
What should I say?
You could say that he’s the kind of scoundrel that can be found in every conglomerate family.
Because he causes so many accidents, he is treated like an abandoned child at home. However, since he is the fourth generation of a conglomerate, no matter how many accidents he causes, his grandfather’s secretaries clean up the mess, so the accidents he causes are not exposed to the outside world.
‘Actually, it’s a bit strange.’
My second oldest brother may be choleric, but he’s not really a rascal, so I don’t understand what happened last time.
‘Until now, my second eldest brother has not touched the common people.’
Even if they threw punches, the Samjeong Group’s secretary’s office only touched on children from families that were difficult to deal with. And the culmination of this was the incident that caused the cheekbone of the youngest son of the current prosecutor general to cave in.
“Jisung, how are you these days?”
My eldest brother, with a bright expression, asked me.
“I’m always busy and the same. What about you, hyung?”
“This time, I’m thinking of following your advice and applying to Berklee College of Music.”
“Then it’s good.”
“Actually, I think Grandpa noticed.”
“okay?”
“Grandpa keeps asking me what Taean Media is like.”
“Taean Media?”
This is a little confusing.
Taean Media is not an affiliate of my grandfather’s Samjeong Group, but rather an affiliate of Taean Group.
But why is Grandpa asking my eldest brother about Taean Media?
‘Are you trying to take away your youngest grandson’s company and give it to your eldest grandson?’
That could be the case.
Of course, my eldest brother is not my grandfather’s eldest grandson. My second uncle’s eldest son, who took over Samjeong Life Insurance, is my grandfather’s eldest grandson.
[It is said that he did not even attend the memorial service for his grandmother.]
I remembered the report that Director Oh, who had become the Chief Secretary of Pacific Investment Finance, had given me.
[is it so?]
I couldn’t attend because I was in the US.
[They say that now they live almost like other people.]
[That’s too bad.]
[And the president of Samjeong Life Insurance, who is Ji-seong’s second uncle, went to his great-grandfather’s house during his grandmother’s memorial service as if he was trying to offend his grandfather.]
To me, my great-grandfather is someone who is like an enemy to my grandfather.
He is the eldest son of the family and the vice chairman of the World Group. He is also the one who started the inheritance lawsuit decades after his great-grandfather passed away.
[Then Grandpa will be really upset.]
[That’s what they say.]
Anyway, the state of the house is a mess.
‘It wasn’t something I had originally.’
As he continued to be greedy, he began to think that it was his, and so he even felt like it was being taken away from him.
“Yeah, that’s why I told my grandfather I wasn’t interested.”
“What did Grandpa say?”
At my words, my eldest brother, Jihyeong, looked at me blankly.
“What are you saying?”
“Your grandfather told you to think about your mother and live your life.”
“ah!”
“But what can I do? I’m different from you.”
“First, brother, if a business related to music or culture is a business, then it’s a business. If it’s a company that starts with music and makes movies and dramas, then it’s something you want to do and something your grandfather and mother want to do as well.”
“Then, will you give me Taean Media?”
First, my brother asked me about the terrain.
“deep waters?”
“Are you willing to give?”
“There’s no reason not to give it to me.”
The more you have, the more you want to have, which is a human desire, but among the companies I own, Taean Media is the smallest in scale.
‘Actually, it’s a company I created with my brother in mind.’
My eldest brother looked at me blankly at my words.
“First, get a diploma from Berklee College of Music.”
“I thought about it carefully. I want my brother to live his life doing what he wants to do.”
This is serious.
‘Because my brother said he lived as a composer.’
It’s not like he’s not the 4th generation of the Samjung Group conglomerate.
Since I have an inheritance, I will live the life of a major shareholder of Samjung Group. So, if I live doing what I want, that is happiness.
“But, bro.”
“why?”
“What about Ji-Hwan hyung?”
My eldest brother frowned at my question.
“I was chased to Jeju Island.”
“Because of the accident last time?”
I also received a report about what kind of accident my second oldest brother, Ji-hwan, had last time.
“huh.”
At that moment, the intercom connected to the main entrance of the mansion rang.
The eldest brother immediately got up from his seat.
“It looks like grandfather is here.”
My eldest brother smiled after telling me that.
“Are you still scared of Grandpa?”
“Jisung, you and Grandpa get along well, but you don’t get along with me. So it’s better for us to avoid each other. See you next time.”
The eldest brother went up to his room on this floor.
Just in time, my grandfather and my father opened the front door of the mansion and came in.
“Jisung is here, hahaha!”
My grandfather smiled as soon as he saw my face. My father also smiled, perhaps because he felt that I was trustworthy.
“Yes, Grandpa.”
“You’re definitely not the type of person who came here just to see my face. Are you here to offer me some kind of suggestion or advice?”
As expected, my grandfather knows me very well. And I know my grandfather very well, too.
“Have you eaten?”
“I ate at the hotel with your uncle, and I suggested the Gaya Hotel VIP club to your aunt?”
“Yes, VIPs need some space to breathe too.”
People think that the conglomerates and those in power live as they please, but there are more people who don’t.
So I suggested to my aunt that we provide them with a place to rest, and a VIP club was created on the top floor of the hotel.
“That’s true, it was nice to eat bone soup with your father without worrying about what other people thought. By the way, what brought you this time?”
“I’ll tell you in the study. It seems like a good thing since my father is here too.”
“Okay, I’ll see you in the study in 30 minutes.”
“Yes, Grandpa.”
When my grandfather heard my answer, he looked at me, smiled again, and went into his room, and then my father looked at me.
“Jisung, are you very busy?”
“Yes, father.”
“Are you happy that you can now do the business you like as you wish?”
“I don’t hate it, but, Father.”
“why?”
My father still looks at me with a gentle face.
“You have a second older brother, right?”
As soon as I mentioned my second brother, my father’s expression darkened.
“Why Ji-hwan?”
“It’s about what happened last time.”
“Why is that?”
“Shouldn’t we look into it a little more?”
“I’ve already looked into it as much as I could through the secretary’s office.”
“Father, my second eldest brother was a hot-tempered man and caused all sorts of troubles, but he never once hurt a commoner.”
“It was like that last time, but it wasn’t like that last time.”
My father is always a gentle man.
This applies to me and my eldest brother as well.
‘however!’
He’s acting like that because he’s so sick of his second older brother.
“That’s why there’s a pattern, and the accidents my second brother has had so far have never happened before.”
“so?”
“I’d like to find out more.”
“It’s already been finished.”
“Father, I don’t think most rich people are good people.”
“okay?”
“And I don’t think that all poor commoners are innocent and kind people. In fact, poor people are often more evil.”
“Jisung, I find it surprising that you are thinking that way.”
“Anyway, I’ll look into it again. My second oldest brother may be quicker with his fists than his words, but if he breaks someone’s nose, it’s probably because they’re similar people. Like the one who broke the prosecutor general’s son’s cheekbone last year.”
Among the fourth generation of South Korean conglomerates, the second oldest brother is the only one who has sunken the cheekbone of the youngest son of the Prosecutor General.
‘Why would that be?’
The second oldest brother never told the reason until the end.
He didn’t even ask for forgiveness. Of course, my grandfather settled the case with money, but he spent a lot of money because the other party was the prosecutor general.
Also, the Prosecutor General is now a member of the National Assembly.
‘The Prosecutor General suddenly published a book?’
The first edition sold out immediately after publication, and it is said that it went through 28 printings as of December last year. Who bought all those copies?
Of course, the Samjeong Group secretary’s office, under the grandfather’s instructions, would have bought it with abusive language.
Anyway, that’s what it is.
“Jisung, don’t even mention that. It makes my head hurt just thinking about it.”
“Yes, Father. Anyway, I will look at it from a different perspective.”
“Another perspective?”
“yes.”
“Okay. I’ll see you in your grandfather’s study.”
“Yes, father.”
My father also went into his room.
* * *
A daycare center in Jeju Island.
In the daycare kitchen, Ji-seong’s second oldest brother, wearing rubber gloves, was wiping down the piles of food with a carefree expression and a face that showed no complaints. And in front of him, an old priest was wiping down the plates while looking at Ji-seong’s second oldest brother as if he were an angel.
“Did you keep the settlement money?”
“I’ve paid for Andrea’s surgery and I won’t have to worry about running the orphanage for a few years, but I’m going to hell because of you, brother. Hahaha!”
“Priests and nuns can’t go to hell even if they want to.”
“why?”
“God is a hundred.”
What is certain is that Ji-seong’s second brother, who only causes trouble and causes accidents, is completely different here.
* * *
The study of the Samjeong Group Chairman’s residence.
“Jisung, actually, I was going to call you too.”
“Is it because of the derivatives contract I signed at GL Securities?”
“That’s right, I checked with a financial expert and he said that derivatives are an investment that even you can never succeed in.”
“This is why a foreign exchange crisis close to national bankruptcy broke out in South Korea.”
“what?”
“None of the economic experts or financial experts have predicted it yet.”
“So are you really sure that the Korea Composite Stock Price Index will fall below 400 points?”
“Yes, Grandpa, as you know, I never make investments that will fail. I plan my failures and make profits from them.”
“Is that so?”
“Yes, Grandpa, just trust me. I will absorb GL Securities into Samjung Group and acquire Korea Securities, and grow it into the largest securities company in Korea, if not Asia.”
“Asia’s largest securities firm?”
“Yes, at the same time, since the GL Group will have to shoulder 2 trillion won in funds, I will also fill in the last piece of the puzzle that Samsung Electronics is missing: the semiconductor division.”
“Including GL Electronics Semiconductor Division?”
“yes.”
“What do you think, uncle?”
“The analysis is that the semiconductor industry recession will continue for several more years.”
“Your father said so?”
“If we delay any longer, it will be difficult for Samsung Electronics to enter the semiconductor industry. And since GL Electronics’ semiconductor division is competing for first or second place in Korea, Samsung Electronics is making a profit every time it makes and sells a mobile phone.”
“That’s exactly what you said. In common parlance, the bear does the tricks and the master takes the money.”
This does not mean that GL Electronics’ semiconductor division is in the black.
‘I’m barely holding on even now.’
If my father uses semiconductors from a Taiwanese company instead of GL Electronics Semiconductor Division, GL Electronics Semiconductor Division will start to incur large deficits. In the end, the company that keeps GL Electronics afloat is Samsung Electronics.
“Well, now is the time to take it back. Anyway, just trust me.”
“Okay, so what do you have to suggest?”
“Grandpa, now is the time to buy as many dollars as possible.”
“Dollars?”
“Yes, we have to use all our capabilities to secure dollars.”
My grandfather looked at me intently.