He is Already a Tycoon at a Young Age! - Chapter 103



Only Noblemtl

#103

“The upper reaches of the Mekong River, the lifeline of Southeast Asia, are in China.”

“however?”

“The Chinese Communist Party will try to monopolize water resources. Currently, we can use abundant water resources through the Mekong River, so we can do three crops a year or three seasons, but in the future, the Mekong River may dry up, so that will be impossible.”

“Is that really so?”

“The Chinese Communist Party will build dozens of hydroelectric dams in the upper reaches of the Mekong River in order to monopolize water resources. After that, they will try to control Southeast Asian countries with water resources. I think we urgently need to prepare for that.”

“Is that possible?”

The King of Thailand asked the Prime Minister of Thailand.

“Not at this time.”

“I don’t think it’s time to relax. China’s economy is growing at a remarkable rate. Based on that economic growth, they will try to become a military power. If that happens, they will create numerous territorial disputes with neighboring countries.”

“That could be the case.”

“Yes, it is true that the upper reaches of the Mekong River are Chinese territory, and if more than 10 large hydroelectric dams are built there, the Mekong River will dry up. So you have to come up with a plan.”

“Then Ji-seong, can you suggest a solution?”

“There is currently no proper solution. Of course, we need to develop groundwater on a large scale. And we need to dig reservoirs to secure water resources. However, I do not think that this is a way to sufficiently prepare for the flow of the Mekong River that China unilaterally blocks.”

“In short, there is no clear alternative.”

“Yes, that’s right.”

“Thank you for just bringing the problem to our attention. The Thai Ministry of Agriculture will find a solution.”

“Yes, Your Majesty.”

“I think I will trust you more and more.”

Now it’s time to go back.

“I’m going to go back now.”

“From now on, the Thai royal family will actively support you.”

“thank you.”

This concluded my meeting with the King of Thailand, and as I walked out to the King’s office, the Prime Minister of Thailand immediately frowned at me.

“President of Pacific Investment Corporation.”

“Yes, Your Excellency.”

“There was no need to tell Your Majesty about the tourism business.”

The Prime Minister of Thailand whispered to me.

“One of His Excellency’s relatives will own a portion of the shares in the casino hotel I will build. If it were not for shock therapy, would His Majesty the King of Thailand really support the establishment of the casino hotel? Now, His Excellency the Prime Minister can use the excuse that His Majesty the King supports the casino hotel business to convince Thai lawmakers and those who oppose the establishment of the casino.”

“That’s true.”

“What ultimately remains is capital. That’s what I think.”

“Yes. Since His Majesty has also supported Representative Ji Sung, all the joint ventures that Representative Ji Sung will establish and operate in Thailand will go smoothly, and the construction of the large farm that I mentioned earlier will also be without problems.”

“Thank you. And I have one more request to make of you, Your Excellency.”

“I think it’s enough as it is, but is there anything else you would like to request?”

“Yes, we want to build an industrial port on the southern coast of Thailand, and we want to secure a 100-year concession to use the port.”

“100 years?”

“Yes, because all products produced in Thailand must be exported to Southeast Asia, to further afield to South Korea and Japan, and to Europe and the United States through trade ports.”

“You really are thinking of investing on a large scale.”

“Yes, I made $5.5 billion from the Thai crisis. But I plan to invest up to $100 billion or more in Thailand in the future.”

Of course, that $100 billion will only be part of the revenue generated in Thailand.

“100 billion dollars?”

“yes.”

“That’s really amazing.”

“I am sure that the Prime Minister will benefit greatly from this greatness. So I ask for your continued support.”

“Of course. If you are Thai, no one will be able to touch the company that Representative Ji Sung will establish or the company connected to Representative Ji Sung in the future, because that in itself is considered insult to the royal family.”

“I just think it’s something to be thankful for.”

This is how I decided to take full advantage of Thailand’s unique characteristics.

‘Starting with Thailand.’

The idea is to completely dominate finance in Southeast Asia.

‘In a word, start with the easy part.’

It’s a matter of going in and striking.

* * *

The next day, in the reception room of the Samjeong Group Chairman’s residence.

“Ji-sung negotiated with the King of Thailand and received his support for all his business?”

The chairman of the Samjung Group asked his eldest son, the president of Samjung Electronics.

“Yes, father, accordingly, it seems that Thailand should be the bridgehead for advancing into Southeast Asia. Just as Ji-sung requested, we should establish a local mobile phone factory in southern Thailand and even establish a joint venture.”

“Even if the King of Thailand supports it, will it be easy to get business licenses for those businesses?”

“The Thai Ministry of Industry has already offered to sell land for factory construction at a low price.”

“Heh heh heh, really?”

“Yes, that’s right.”

“Then ask for it for free.”

“Did you say it was free?”

“Yes, my grandson Ji-sung should receive the price for bowing down to the King of Thailand. Samsung Electronics is already the largest mobile phone manufacturer in Asia. If such a company were to establish a local factory in Thailand, the effect on the Thai economy would be unimaginable. Samsung Electronics’ local factory in Thailand and its related corporations alone would employ more than 30,000 local people.”

“Yes, I will coordinate with the Thai Ministry of Industry.”

“By the way, what about Ji-seong?”

“I heard he’s going to America.”

“In America?”

“Yes, it looks like we’re going to establish an electric car company in California, USA.”

“They say we’re almost successful in developing electric vehicle batteries.”

“I think so. But when I think about it, I think it’s still premature for electric vehicles.”

“Yes, but it’s about taking the lead in a new industry. And Ji-sung told me before that he was also planning an aerospace business.”

“I also heard that story from Ji-seong. If Taean Group is to properly carry out its aerospace business, it seems that my father-in-law, Taean Industrial, must play an important role.”

“Yes, Taean Industries will have to transfer the space launch vehicle technology that Russia has. Anyway, we should now start developing a Korean tank through Taean Industries and Samjeong Defense.”

“Yes, I think so.”

“Uncle, I don’t think I can personally direct these things anymore.”

“yes?”

“I’m old now. So, uncle, you should take on the role of Vice Chairman of Samjung Group and manage the Samjung Group as a whole.”

“I don’t have that level of ability yet.”

“You are enough. I believe you will do well. And you can pass it on to Ji-seong after about 10 years. That is, if you don’t want it.”

“Have you decided on Ji-seong?”

“Uncle, do you want the eldest son to inherit too?”

“That’s not it, but I think we need to give Jihyeong a chance too.”

“First of all, Jihyeong can’t beat Jiseong.”

“That’s true.”

“And Jihyeong can already perfectly defeat Jisung in another world.”

“yes?”

“Don’t you know what Jihyeong is good at?”

“Yes, that is true.”

“Perhaps Jihyeong will become the chairman of the best cultural group in Korea. Jisung will help Jihyeong become like that. That will be enough for Jihyeong. And Jihyeong is working hard to become like that. That’s all that matters. Hahaha!”

The chairman of Samjung Group already knew what Jihyeong was working towards.

“The future of Samjung Group and Taean Group lies in Ji-sung’s hands.”

The president of Samjung Electronics, Ji-sung’s father, also nodded in agreement with the words of the chairman of Samjung Group.

“Anyway, since Thailand has become a bridgehead for advancing into Southeast Asia, all affiliates that need overseas factories should prepare to build local factories in Thailand. Ji-sung told me that he would create 1 million jobs in Thailand and take control of Thai finance, so we should first create jobs that will put pressure on Thailand. Hahaha!”

“A million jobs.”

“It’s not just the Samjung Group that is responsible for creating jobs. There’s also the Taean Group.”

“That’s true.”

“Ji Sung is now thinking of taking over Thai finance and turning it into a financial colony forever. Of course, the story of a financial colony should not be leaked to the outside world. In fact, it is becoming increasingly difficult to do business in South Korea as time goes by, corporate taxes are continuously rising, and workers’ rights are being emphasized.”

“That’s true.”

“I heard that the American Nike company has its headquarters in the United States and all its factories are outside. In the past, Hwasung Corporation made Nike shoes, but now a Chinese company makes them. Samjung Group will be similar.”

“Yes, I think so.”

The chairman of Samjeong Group smiled happily after hearing his son’s words.

‘My grandson is really great, hahaha!’

* * *

July 15, 1997, George Soros’ office in New York, USA.

Finally, I came to America.

I’m meeting George Soros again as planned.

[George Soros’s biggest investor is said to be Prince Salman, one of the princes of the Kingdom of Saudi Arabia.]

Prince Salman?

‘He is the father of Mohammed bin Salman.’

Mohammed bin Salman is probably about 13 years old in Korean age.

[The current King of Saudi Arabia is Fahd bin Abdulaziz Al Saud, right?]

[yes.]

[Can the old prince Salman become the crown prince?]

I asked the head of the information gathering division of Pacific Investment Finance, knowing full well.

‘King Fahd has died.’

The next king of Saudi Arabia will be Prince Abdullah, the 12th son of Saudi Arabia’s first king, Abdulaziz Al Saud, followed by King Salman.

‘Until then, it’s a sibling inheritance.’

If Salman becomes the King of Saudi Arabia, he will stop inheriting through his brothers and start inheriting through his primogeniture, and that will be Bin Salman.

[We are in contact with Prince Salman’s entourage and promoting the investment performance of Pacific Investment Corporation.]

[Then it would be enough to use it as a card to pressure George Soros.]

[Yes, but George Soros is also a capitalist with a huge amount of capital. It is questionable whether he can faithfully play the role of a pressure card.]

Anyway, I found out who the biggest investor in George Soros’ hedge fund was.

[You said Jewish capital is also investing in George Soros’ fund?]

[yes.]

[Then we will have to make one of the two capitals break away from George Soros.]

‘The goal has been set.’

Now all we have to do is talk to George Soros.

“You made a negative investment in a derivative product related to the Korea Composite Stock Price Index that I invested in, but you can’t find an exit, right?”

George Soros smiled strangely at my words.

“Although the Soros Fund, a giant hedge fund, invested in South Korea and raised the South Korea Composite Stock Price Index to 650 points, the current South Korea Composite Stock Price Index is 470 points. It is July 15th, so there are 5 months left until maturity. If it continues like this, it is only a matter of time before it falls to 400 points. The resulting loss is understood to be approximately 2 billion dollars.”

“If I choose to withdraw, are you going to guarantee me the damages?”

“Why me?”

George Soros immediately frowned at my words.

‘Everyone withdrew from South Korea except you.’

Now only George Soros is holding on.