He is Already a Tycoon at a Young Age! - Chapter 106
Only Noblemtl
#106
The study of the Samjeong Group Chairman’s residence.
“Jisung reached out to the second son?”
The chairman of Samjung Group asked his eldest son and the sole successor to Samjung Group, the president of Samjung Electronics.
“Yes, father.”
“So Ji-seong is trying to do what I couldn’t do. That’s right, everything is possible when the family is happy.”
The chairman of Samjung Group showed a look of mixed emotions.
“Yes, and it looks like Ji-sung will really establish an electric car company in the US, not Korea. I heard that all the presidents of Taean Group’s key affiliates have left for California, USA.”
“California, USA?”
“Yes, I heard he went to Silicon Valley. As you know, Dad, Silicon Valley is the center of the American IT industry.”
“Yes. It’s a city that pursues innovation. It’s an electric car, so it’s not like Jiseong won’t do it just because I don’t allow it, but will he be able to succeed?”
“It is no exaggeration to say that the electric vehicle industry is in its infancy. Therefore, we believe that if we can take the lead in the industry, there is a good chance of success.”
“Have you decided on a name for the electric car company?”
“It’s called Thunderbolt.”
“That’s a name that only appears in cartoons.”
“Yes. They are establishing the headquarters of an electric car company in Silicon Valley, California, and are also expanding nationwide by establishing a Thunderbolt Center centered in Silicon Valley.”
“One business is connected to all businesses. It cannot fail because it penetrates the essence of the business. Thunderbolt Center will probably be an electric vehicle charging station, but it will also be a shopping mall. And it will also be a logistics warehouse.”
The chairman of Samjeong Group accurately understood Ji-seong’s intentions.
“I guess so.”
“Thanks to your intelligence, perhaps your mother will be able to see her second son’s face.”
“Shouldn’t that be the case?”
“But it’s human nature to think that just because you’ve lost once, you can’t lose again. And as you know, uncle, the second child is very greedy, so I wonder if Ji-seong can control that.”
“Before leaving for the United States, Ji-sung told me that it would be a good thing if my second uncle also became a tycoon ranked in the top 10 in the South Korean business community.”
“That’s true.”
“They are about to take over Korea University Hospital, so they seem to be pushing forward with a project to connect the hospital with an insurance company.”
“Then who would be a good candidate for the chairman of the Korea University General Hospital?”
The president of Samjung Electronics looked at his father’s expression for the first time at the words of the chairman of Samjung Group.
“Father, how is the baby doing?”
“The baby?”
The chairman of Samjung Group frowned for the first time.
“Yes, I apologize for bringing up Taejung.”
“Hmm, let me think about that.”
“Yes, I’m sorry.”
* * *
Inside a mansion overlooking the California coast.
We temporarily rented a mansion on the California coast.
“Seeing the ocean for the first time in a while makes me feel like I’m back in my childhood.”
All the presidents of Taean Group’s key affiliates gathered here.
“Isn’t it true that Ji-seong has suppressed your childlike innocence?”
My great-uncle told me. Among the presidents of the core affiliates of Taean Group, the only one who could say something like that to me was my great-uncle, the president of Taean Electronics.
“I guess so. Let’s put aside our budding childlike innocence for a moment and discuss business.”
Actually, I’m 19 years old, so it’s a bit difficult to find my innocence now.
“You must have been aware of the key meeting contents through the documents sent in advance. There are two main topics for today’s meeting. The establishment of Thunderbolt, an electric car company in Silicon Valley, and the entry into Saudi Arabia’s agricultural industry.”
All the presidents of key affiliate companies nodded their heads at my words.
“Should we also build a factory in Silicon Valley?”
“Yes, we plan to do so. And the electric power plant will be built on a scale that can initially produce 100,000 units per year, and the ultimate goal is to produce 1 million units per year. Along with that, our goal is to be listed on the NASDAQ in the United States within five years.”
“If your personality is like your five-year plan, then you’ve taken the listing process quite leisurely.”
“You can see it that way. As soon as it goes public, Thunderbolt will become the world’s number one electric vehicle market. Along with that, Thunderbolt Center will grow into the center of a key city in the United States. If Thunderbolt, an electric vehicle company, makes 1 profit, Thunderbolt Center, which is an electric vehicle charging station, shopping mall, and logistics warehouse, will make more than 10.”
“Sir, then the roles have been reversed.”
“If you change the existing culture and create a new culture, the industry related to that product will be 10 times, or even 100 times larger than the product that created that culture. That’s the key. The president of Thunderbolt has already been appointed, and he will lead the global electric vehicle market.”
“Electric vehicles will become the center of the world.”
“You have to do it that way, uncle.”
“Speak.”
“For electric vehicles to become the center of the global automobile market, I think the existing automobile industry must become the axis of evil, so to speak.”
“Are you trying to turn the traditional automobile industry into an axis of evil?”
“Every year, environmental activists warn of global warming. We need to frame it as the main culprit of global warming being exhaust fumes from internal combustion engine vehicles. Power plants and internal combustion engine vehicles are destroying the global environment, but electric vehicles are eco-friendly vehicles. They do not emit exhaust fumes and run only on electricity. We need to brainwash consumers with this perception.”
The presidents of Taean Group’s key affiliates nodded their heads at my words.
“Taean Battery CEO.”
“Yes, sir, through the documents you sent us in advance, we have confirmed exactly what Taean Battery needs to do. It is no exaggeration to say that the current battery is a primary battery. So we will start the secondary battery development project and focus on improving the battery so that the electric vehicle developed and produced by Thunderbolt can travel up to 600 kilometers.”
“Yes, you have to do that. And the president of Taean Solartech.”
“Yes, sir.”
“Ultimately, electric vehicles are cars that run on electricity, and to produce electricity, fossil fuels must be burned at thermal power plants. In that case, existing internal combustion engine car companies that oppose electric vehicles will say that Thunderbolt’s electric vehicles are also the main culprits of environmental destruction.”
“It’s just speculation, but I don’t think it’s completely impossible.”
“That’s why we chose solar panels. The Thunderbolt Center will be quite large. The electric vehicle charging station at the Thunderbolt Center will be powered by solar power.”
“Sir, even so, it is impossible to produce 100% of the electricity.”
“What’s more important than reality is how it looks to consumers. No matter what anyone says, Thunderbolt needs to perfectly build its image as an eco-friendly car and establish itself as the next-generation car of the future. That’s why we’re establishing our headquarters and factories in California’s Silicon Valley, where real estate prices are high. Thunderbolt’s electric car will go hand in hand with the American IT industry.”
“But sir.”
At that time, the Taean Group’s financial director called me over as if asking me a question.
“Why are you doing that?”
“Pacific Investment Corporation has invested in a U.S. company called Amazon.com. Thunderbolt Center’s business direction overlaps with Amazon.com.”
“So you’re talking about duplicate investment?”
“Actually, that’s true.”
“I’m going to take over the world’s No. 1 and No. 2 online e-commerce companies. I invested in Amazon.com, and Amazon.com will become No. 2 in online e-commerce. And Thunderbolt Center will connect to online and become No. 1. As you all know, the reason we’re expanding Thunderbolt Centers across the United States is also because of real estate investment. Mr. Jack Premium.”
“Yes, sir.”
“What I tell everyone must become reality.”
“Yes, that will happen.”
I nodded at the president of Jack Premium Thunderbolt Electric Vehicles, then looked at my maternal grandfather, the president of Taean Industry.
“Maternal grandfather.”
“We are in discussions with Russian Air Force generals and have also requested the Russian government to transfer space launch vehicle technology.”
My maternal grandfather, the president of Taean Industry, knew exactly what I was curious about.
“I think the most important thing when starting a new business is to get everyone’s attention. To that end, Taean Group will announce that it will establish a private aerospace company and conduct a Mars development project. This is to attract the attention of the American people.”
“Mars development project?”
Even the president of Taean Electronics was surprised.
“Yes. All the projects I’m pursuing require dozens of satellites. In order to place those satellites in Earth’s orbit, we need to secure our own space launch vehicle technology. So, at the same time as establishing Thunderbolt Electric Vehicle, we’re also establishing a private aerospace company called SpaceS.”
This was originally Tesla’s founder’s business, but now it’s my business.
‘and.’
The idea is to somehow make Musk into an ordinary American.
“Jisung, I really wonder how far your ambition goes.”
“Grandfather, my ambition has no end. It may be a bit off topic, but the current economic crisis that South Korea is experiencing is due to the fact that South Korea, which has not created national capital, has become a playground for foreign giant capital. I want to become a giant national capitalist who protects the South Korean economy. In order to do that, I have to have everything. Therefore, my ambition has no end destination.”
Everyone couldn’t hide their surprise at my ambition.
“Don’t be too surprised. I still have a lot of time. So I can do it. Taean Solar Tech CEO.”
“Yes, sir.”
“How far along is the development of the plant factory container using solar panels that I specifically instructed?”
I have been instructed to develop a plant factory container using solar energy, and I plan to call it a smart plant factory.
‘We should sell it to Saudi Arabia.’
And through that, I plan to become close to the next King of Saudi Arabia and his successor.
‘Before that.’
We plan to start by improving Saudi Arabia’s agricultural methods.
“Sir, the president of Samjung Heavy Industries has just arrived.”
My chief of staff told me.
“Please come inside.”
After a while, the president of Samjung Heavy Industries came in.
“Thank you for coming.”
“No. Should I report it to you right away?”
“Yes, that’s right.”
“Yes, the marine plant facility technology and marine desalination facility technology currently owned by Samjung Heavy Industries are the best in the country.”
“I will report on the marine plant facilities separately later. With the technology for marine desalination facilities, how many desalination facilities can Samjung Heavy Industries build at the same time in a year?”
“If we mobilize the maximum number of people, we can start construction on up to three projects at the same time.”
I nodded to the words of the president of Samjung Heavy Industries.
The presidents of Taean Group’s key affiliates were surprised to see the president of Samjung Heavy Industries suddenly appear, and they also looked surprised when I reported on the ocean desalination facility.
‘Saudi Arabia is not short of water.’
In order to secure the water shortage from seawater, desalination plants will be built throughout Saudi Arabia. And the amazing thing is that when these desalination plants are operated, they burn crude oil to create water.