The Highest Level Son of a Chaebol Family - Chapter 391
Only Krnovel
391. Who is missing?
Exactly!
Grandfather put down his spoon with a look of displeasure.
“You’re making such exhausting noises on New Year’s morning!”
The grandfather glanced at his children, daughters-in-law, and even executives from Taesung Group affiliates.
“Taesung took over Yugong. Why are there so many complaints about this result?”
Grandpa said bluntly.
“In accordance with the will of His Excellency the President, I intend to retain President Kim Byeong-sik as the President of Yukong. I will not entertain any objections to this.”
Taesung Group executives also did not object.
Because that was the way it had to be done.
“There will be some noise in the process of changing Yukong to Taesung Oil, such as restructuring and replacement of executives, but that is something that cannot be helped, so we will have to accept it.”
“Who is complaining about the acquisition of Yugong?”
My eldest uncle made a gruff noise.
“Isn’t this because I said I would give Yugong to Jeonghyeok?”
“I’m giving it to you because I deserve it. And if I’m going to give it to you, why are you guys acting like this and that?”
“father!”
“I’m saying this not as your father, but as the CEO of Taesung Group.”
Grandfather didn’t hide his discomfort.
“If you were so greedy for the award, why didn’t you negotiate with the President yourself?”
“that…….”
“Or else we should have negotiated directly with Gulf News!”
bang!
Grandpa slammed his fist on the table.
“When it was time to negotiate, those guys who couldn’t even see a hair on their head brought Yugong, so now they’re rushing in and trying to fight over a bowl of rice?”
The second daughter-in-law spoke in a whisper.
“Just as cold water has its upper and lower parts, there is also an order to the distribution of rice bowls.”
“This isn’t North Korea, so why am I going to bother with the distribution order at my house?”
“They say they are skipping their sons and passing the inheritance to their nine-year-old youngest grandson. How can we just sit back and watch that happen?”
The second daughter-in-law smiled brightly.
“Even if you skip the children and say that it is a gift to the grandchildren, this is not the right order.”
“That’s right, Father. Jeong-hyeok is in a row with In-gyeong, Ui-gyeong, Ye-hyeok, Ji-hyeok, and Shin-hyeok, so how can you single out Jeong-hyeok and give him the credit?”
“I’m really sorry, Father.”
Grandpa snorted.
“Even if it’s disappointing, there’s nothing I can do. I have to hope for what I want!”
Grandfather glanced around at the people sitting there.
“Do you mean that if it’s an affiliate that has the name Taesung, no matter who gets it, we’ll share it as a family? Do you think this is an inheritance?”
Grandfather threw the napkin he had used to wipe his mouth onto the table.
“So does that mean that if Sungjun increases the number of affiliates next time, we’ll have to see this situation again? Even if I’m mistaken, it’s a win-win!”
Grandfather looked around at the Taesung Group executives.
“You’re going to eat up the reward you received for your service? No problem! Since Sungjun brought the merit, I plan to leave the merit to Sungjun as he wishes!”
bang!
“It’s the same even if Sungjun brings Gulfsa! Look at what you can see!”
The grandfathers kept their mouths shut and couldn’t even make a sound.
On the other hand, the two daughters-in-law stuck out their mouths.
“Aren’t you taking too much care of Master Seongjun?”
“It was huge that he was given the vice president position over his older brothers, and he also received merit from Jeong-hyeok.”
“Father, you are really going too far.”
“What is too much?”
Grandfather looked back with glaring eyes.
“If there’s someone who covets someone else’s work without knowing the place, I’ll take back what I put in his mouth, so know that!”
“yes?”
“This is a warning that if you do something like this again next time, Daejun will have to hand over Taesung Motors and Kijun will have to hand over Taesung Distribution, so listen carefully!”
“… … !”
My uncle and his wife were shocked by the thunderous sound that came from the rice cake soup they were eating.
“Since I brought it up once, you want me to take Taesung Motors in return?”
“How can you do this? Last time, I returned Taesung Foods, and now you want me to give you the only Taesung Distribution left?”
“Why? Is it a pity?”
Grandpa snorted.
“The things I put in your mouths are the things I raised you to the bone!”
“Father!”
“Listen carefully! What else did you have in mind for taking over Taesung Motors and Taesung Distribution other than the fact that they are my children?”
“father.”
“But Yugong is different. This is something Seongjun worked hard to get.”
Grandfather poured himself a glass of cold water and drank it in gulps.
“It’s not because you’re my child, but because you’re the spoils of war I won with the President and the Gulf people! How dare you covet such a thing?”
widely!
“If you want to pass on Taesung Motors and Taesung Distribution to your children, just as I passed it on to you, then behave yourself!”
The eyes he looked at his two sons and daughters-in-law were filled with contempt and pity.
“Why don’t you know that I can take back what I gave you at any time? You pathetic little shit, tsk. Jeong-hyeok!”
My grandfather extended his hand to me.
“Hand over what Warren Buffer gave me!”
“Yes, Grandpa.”
I opened my coin purse and took out a black business card.
“Does anyone know what this is?”
Grandpa held up his black business card.
“This is the business card of Warren Buffer, CEO of Berkshire Hathaway!”
“… … !”
Everyone had surprised faces.
“It’s none other than Warren Buffer’s Secret Black Card! It’s the most beautiful business card I’ve ever received!”
“That means… , no way… … !”
“Yes, this is an invitation to the May annual meeting from Berkshire Hathaway!”
“… … !”
There were gasps of astonishment here and there.
“If it’s the general shareholders’ meeting in May, isn’t it a place where only a select few from among the top investors in the US and Europe can attend?”
“I heard that even the foundations of oil states in the Middle East do not invite many people.”
“Are you saying that Taesung was invited to a place like that?”
“You don’t think Vice Chairman Cha Seong-jun received that, do you?”
Grandfather opened his eyes wide.
“Why are you all pretending not to know when you all saw who I received it from earlier?”
“Seo, is it really Lord Jeonghyeok?”
“No, it’s true. Our Jeong-hyeok received this directly from Warren Buffer!”
“This can’t be happening!”
My uncles and aunts looked at me with surprised eyes.
The same was true for Taesung Group executives.
“You’re telling me that a young gentleman who is only nine years old has been invited to the May annual meeting of Berkshire Hathaway?”
“How could that happen… … .”
“This really doesn’t make sense… … .”
bang!
Grandpa slammed the table.
“Before you ask for common sense, look at the results first! Whose business is this?”
At the same time, he shut his mouth.
“If you really want to argue so much, go ask Warren Buffer himself!”
Warren Buffer was not a man you could easily meet.
“Anyway, those who don’t have eyes to see have so many dirty words. Tsk!”
My grandfather gave me back his business card.
“Hunting isn’t something you do inside the house. You have to go out and find food. Why are you trying to start a fight inside the house on the first day of the new year?”
The eyes of the executives who gathered to eat tteokguk were also focused on me according to my business card.
I quietly accepted the business card and kept it.
Grandfather looked around at the executives of Taesung Group affiliates.
“Warren Buffer has promised to invest in our company.”
“How much are you willing to invest?”
“The exact amount will be determined at Berkshire Hathaway’s annual general meeting in May.”
Silent astonishment spread.
“Isn’t Berkshire Hathaway’s May annual meeting a place to report results to shareholders and discuss future plans for the company?”
“Are you saying that Taesung’s investment amount is decided in such a place?”
“That means discussing investments in Taesung is so important that it can determine the direction of Berkshire Hathaway’s operations for the year!”
“Are you saying that it’s not worth investing a few pennies in Taesung?”
Grandfather smiled meaningfully.
“So, who brought Warren Buffer in and made him want to invest in Taesung?”
“… … !”
Before my grandfather pointed at me directly, everyone in Taesung Group looked at me.
It was the same with my father.
“I was thinking of going to the US with Jeong-hyeok soon anyway.”
“To America? To meet Warren Buffer in person?”
“There are more urgent matters at hand.”
My father wiped his mouth with a napkin.
“Shouldn’t we definitely finalize the Gulf acquisition as soon as possible?”
“What? Gulfsa acquisition?”
Here and there, the sound of breathing could be heard.
“This time, our Taesung was able to acquire Yukong by a stroke of luck, but Gulf is different.”
“Is Gulfstream a normal company? It is a giant global oil company that is currently ranked 9th in the world in market capitalization.”
“They process 1.3 million barrels of crude oil a day and have assets worth $6.5 billion?”
“How can our Taesung surpass such a company?”
Everyone shook their heads.
It was as if it was impossible.
“These are the guys who want to sell Yukong for 1 billion dollars. Even if they can’t give it to you, wouldn’t they come out and say they’d accept at least 10 billion dollars?”
“That’s understandable, because all of the affiliated companies they have are competitive.”
“You’re making a name for yourself in the oilfield development and refining industries, as well as the petrochemical and energy industries.”
These were all oil-based industries with good synergy effects.
This was the reason why my first and second uncles coveted Yugong.
“From Gulf’s perspective, there is nothing to regret about our Taesung.”
“On the other hand, our Taesung is in a position where we have to feel sorry for many things from Gulfsa.”
“Just look at the attitude of the Gulf negotiating team that came yesterday. It won’t be easy to persuade them.”
Taesung Group executives opened their mouths cautiously.
“If it is because of the conditions set by His Excellency the President, then it doesn’t have to be Gulf, right?”
“For example, joining hands with the Rockefeller Foundation’s oil companies, known as the Seven Sisters.”
“That won’t be easy either.”
“Well, the Rockefeller Foundation’s oil companies are in a better position than Gulf.”
Bang bang bang!
Grandfather slammed the table with his palm.
“Let’s finish talking about the painful issues later in my study. Let’s eat quickly before the rice cake soup bursts!”
“Yes, Chairman!”
Everyone started eating the tteokguk quietly.
All that could be heard was the sound of dishes clanking busily.
Grandfather opened his mouth quietly to speak to Father.
“Seongjun, don’t worry too much, you can consider the $100 million we were supposed to receive from the President as nothing.”
“Father, isn’t that something we’ve already discussed?”
“No matter how I think about it, my belly button is bigger than my stomach.”
Grandfather let out a small sigh.
“A hundred million dollars? That’s a lot of money. But it’s not enough to acquire genetic development technology.”
Grandfather looked down at the rice cake soup.
“If you think about it logically, this is close to impossible. That’s why His Excellency the President readily offered to provide $100 million.”
Grandpa drank the cold water in gulps.
“This can’t be done even if Warren Buffer steps in. So let’s just let things be and pretend we did our best.”
Why?
I put down my spoon.
“If possible?”
It is faster and more certain to show results than to explain and persuade in detail.
Because tedious table debates are not really my style.
“Why don’t you just take over Gulfsa?”
“what?”
Everyone sitting at the table for sixteen had the same face, except my father and I.
“Jeonghyeok, it’s not as easy as it sounds… … .”
“You haven’t even read the newspaper?”
I read the headline on the front page of the Daehan Ilbo.
“The Gulf negotiating team was in a difficult position in front of Taesung! What was the reason they had to hand over Yukong so easily?”
I smiled brightly.
“Don’t you think it’s not us who are feeling sorry, but Gulf News?”
At that moment, the front door opened wide and President Shim rushed in, out of breath.
“Sorry, I’m a little late!”
“That’s strange. There are times when even the meticulous Shim Won-cheol is late.”
The Taesung Group executives all looked back with puzzled expressions.
Whatever.
President Shim hit the nail on the head.
“I was trying to deal with those annoying guys who clung to me like leeches, so I ended up like that unintentionally. Please understand.”
“Who has been harassing our CEO Shim like this since the first day of the new year?”
Ding dong ding dong ding dong!
The clear and beautiful doorbell sound that rings without warning on the first day of the new year!
President Shim clicked his tongue.
“The Gulf negotiating team has followed us here.”
“… … !”
My second uncle dropped his spoon while eating tteokguk.