He is Already a Tycoon at a Young Age! - Chapter 113
Only Noblemtl
#113
“Now, let me tell you what we will focus on in today’s meeting.”
Investing in Taiwanese currency is something that you only need to report on.
From now on, it’s real.
“Yes, our largest shareholder.”
I am not the general.
However, he is the largest shareholder of the Taean Group and the investment company. So, although he has no title, his work is no different from that of the CEO.
“The US will prepare for the next 100 years with the IT industry. The IT industry has already started to boom in the US. So we should instruct US investment corporations to invest in stocks of IT-related companies in the short term to maximize net profits.”
The IT boom that started in the US would last until the dot-com bubble burst in 2001.
‘When the bubble burst in 2001.’
The only company that survived was Amazon.com.
But now Amazon.com has become Pacific.com, and it will survive along with a few other companies.
And those companies will lead the US IT industry and surpass a market capitalization of $1 trillion.
‘My company has a market capitalization of 1 trillion.’
Even thinking about it now makes me excited.
“Yes, there are signs of enthusiasm.”
“Perhaps even if you just add the name IT or dot-com, the stock price will rise.”
“I think so.”
“You have to maximize your returns with short-term investments. This kind of opportunity only comes once in ten years.”
“Yes, our largest shareholder.”
When the dot-com bubble bursts, it will generate even greater profits than the dot-com boom.
‘There are about 4 years left.’
The goal is to completely dominate the American dot-com industry and generate unimaginable profits.
‘And now it’s time to go to America.’
There will be a huge storm in South Korea, but I have to go to the US and establish or invest in companies that will create 100 years of profits.
‘Google was founded and renamed Alphabet.’
Invest in eBay.
Acquire McDonald’s.
This is my new goal.
‘I was so lucky.’
Because Google hasn’t been founded yet. Now I have to establish it.
And he’ll kill Yahoo by doing exactly what the founder of Google did in the future.
* * *
Samjung Group Chairman’s Office.
“Uncle, what do you think?”
Surprisingly, the president of Samjung Life Insurance was also present in the Samjung Group chairman’s office.
“What about the second thought?”
After completely surrendering to Ji-seong, the president of Samjung Life Insurance decided to cooperate with the Samjung Group and Taean Group, and went straight to the chairman of Samjung Group and knelt down.
“Father, if I say more, it will be nagging. Brother, it will have an effect you can’t even imagine.”
After the president of Samjung Life Insurance spoke to the chairman, he looked at his older brother, the president of Samjung Electronics, and said:
“The world will be amazed.”
“That’s true, but I wonder if Ji-seong will actually accept his father’s offer.”
“Is it possible that Ji-seong might oppose this?”
“Of course. Taean Group is also a group.”
“Yes, that’s right.”
“If Taean Group and Samjung Group are merged, one of the two groups will be absorbed. Jisung will probably argue that Samjung Group should be absorbed into Taean Group.”
“Taean Group is being absorbed. That’s how it should be.”
“We think so, but I think Jisung thinks differently, Father.”
“I think so too, but if Taean Group and Samjung Group are integrated into one group, it will not only be the largest group in Korea, but also the largest group in Asia. If that happens, the influence on the industries in Asia, and indeed the entire world, will be enormous.”
“Father, brother, in the end, this is the group that Ji-sung will inherit.”
Now, the president of Samjung Life Insurance has decided to face reality.
“Yes, in 20 years it will be like that.”
“Then what if it’s Samjeong Group or Taean Group? The family business is expanding further. You just have to look at the results.”
“That’s true.”
Surprisingly, the chairman of Samjung Group, the president of Samjung Electronics, and the president of Samjung Life were discussing the merger of Taean Group and Samjung Group.
“Jisung is coming soon, so tell him then.”
The president of Samsung Electronics spoke to the chairman of the Samsung Group.
“That’s right. By the way, is the smartphone being prepared by Samsung Electronics going well?”
“Yes, we have been preparing for smartphones. Of course, this smartphone business plan was also proposed by Ji-sung.”
“So, how come such an amazing guy is my grandson, hahaha!”
“I am also surprised every time I see Ji-seong. And if Ji-seong is right, South Korea will probably ask the IMF for a bailout.”
“That is the beginning, and it will be a period in which the Samjung Group acquires valuable companies. Of course, the competitor for acquiring valuable companies will be the Taean Group.”
“So I feel really at ease.”
“If only my second son wouldn’t be a nuisance anymore, I would have nothing more to wish for.”
Suddenly, Ji-seong’s second older brother was mentioned.
“I think there were a lot of misunderstandings.”
“Did you say it was a misunderstanding?”
“Yes, the way it was done seemed a bit rough, but I was able to resolve the misunderstanding with my second.”
“What does that mean?”
The Chairman of Samjung Electronics, who had heard from Ji-sung about everything that had happened so far after being asked by the Chairman of Samjung Group, told the Chairman of Samjung Group about his second son.
“Ha, is that so?”
“Yes, I am not interested in business, but I think he would do well as a philanthropist. That is why I plan to leave the foundation to my second son.”
“The youngest one earns money and the second one spends it. That’s not bad either.”
dripping!
Then there was a knock.
The chief secretary came in cautiously.
“Taean Group’s largest shareholder has arrived.”
Now, no one, not even the people in the Samjeong Group, can call Ji-sung, Master Ji-sung.
“Tell them to come in.”
* * *
Taean Space Development Company.
“Are you saying that you are going to build a space rocket launch pad in the equatorial region?”
Taean Space Development Company is a company separated from Taean Industrial.
The reason Taean Space Development Company was able to separate from Taean Industrial was because the president of Taean Industrial acquired space launch vehicle technology from the Russian Air Force.
With its acquisition of American aerospace companies, it became the largest private space development company at the time of its founding.
“Yes, because the equator is the most suitable place to launch a space launch vehicle for launching a satellite.”
The main technology that Taean Space Development Company possesses is Russian aerospace technology, but the CEO of Taean Space Development Company is from NASA.
“That’s true.”
“It will be the largest private space development company, and its goal is to develop Mars. Along with that, it will establish more than 100 satellites in Earth’s orbit.”
When we have more than 100 satellites in orbit around the Earth, something incredible will happen.
“I know very well.”
“That is the goal and plan of our largest shareholder. And I think I should do the same. Perhaps in the future, NASA will reduce and eliminate the number of space launch vehicles.”
“If that’s the case, then there’s no point in the existence of the screw.”
“It’s not the Cold War era, so there’s no need to compete, and launching space launch vehicles requires a huge budget, so the governments of the United States and Russia won’t take the lead. In the future, private space development companies will take the lead.”
In fact, Taean Space Development Company is a company that imitates Elon Musk’s Space.
Of course, no one knows that fact.
[I need to secure a satellite so I can establish an internet search portal.]
[Did you say Internet search portal?]
[Yes, one of the plans right now is to establish an Internet search portal in the United States, and from that search portal, we will provide maps of all areas of the world via the Internet, and in real time.]
[Is that possible?]
[We will make it possible. We have already decided on the company name.]
[What is it?]
[This is Alphabet.com. It’s a word that all Americans and English-speaking consumers know, hence the alphabet.]
‘Anyway, he’s a great businessman, hahaha!’
Anyway, Ji-sung started stealing Elon Musk’s future.
And maybe they’ll steal everything from Elon Musk.
* * *
The Blue House Presidential Office.
“The Peach Group has decided to maintain South Korea’s national credit rating as is.”
The president nodded in agreement with the words of the Blue House’s chief economic secretary.
“Is that fortunate?”
“Yes, if an international credit rating agency that announces national credit ratings lowers South Korea’s national credit rating, it will have a big impact.”
“I guess so.”
“And Mr. President, Taiwan has now also given up on foreign exchange defense.”
“I already reported that.”
“Yes, and the South Korean foreign exchange authorities no longer have the funds to defend foreign exchange.”
The president frowned at the words of the Blue House’s chief economic secretary.
‘Hmm, the presidential election is coming up soon.’
Even in a situation of national bankruptcy, the president was only thinking about the presidential election.
‘We must never let the government be taken away.’
The president looked at the chief economic secretary at the Blue House while thinking about that.
“Chief Economic Secretary.”
“Yes, Mr. President.”
“What should we do to avoid the worst-case scenario in this situation? Receiving a bailout from the IMF would be the worst-case scenario, and the impact on the upcoming presidential election would be unimaginable.”
“That’s true.”
Even if he was the chief economic advisor, there was no way.
“Tell me an alternative, don’t just answer like that.”
“Your Excellency the President.”
“why?”
“In my humble opinion, I think that it is inevitable to receive a bailout from the IMF. So, instead of proceeding like this without the public knowing, I think we should inform the public of the current national situation.”
The president’s gaze changed dramatically at the economic chief’s words.
“Then what about the presidential election?”
“ah!”
“The government may change. Fortunately, the ruling party’s presidential candidate is ahead in the current presidential election opinion polls, but if the public finds out about this situation, the election results will be overturned. That absolutely cannot happen. And there must absolutely not be a transition to the IMF system during my term.”
As expected, he was a president who only thought of himself.
‘When the government changes.’
The president knew there would be no pardon for his son, so he was only thinking about the presidential election.
“Yes, that’s right.”
“Your Excellency the President.”
At that time, Senior Presidential Secretary for Civil Affairs stepped forward.
“Is there an alternative?”
“We are requesting emergency funds from the Japanese government.”
“To the Japanese government?”
The relationship between the civilian government and the Japanese government was at its worst. To be precise, after the Japanese government blew up the Government-General of Korea and stored its remains in the outskirts of the Independence Hall of Korea, where anyone who visited could spit on them, diplomatic and economic cooperation with Japan could not help but become distant.
“Yes, I think that is the only solution.”
“Will the Japanese government help?”
“If the South Korean economy collapses, the Japanese economy will also take a big hit. South Korea is a major export market for Japan.”
The president nodded at the senior secretary for civil affairs’ words.
“Chief Economic Secretary.”
“Yes, Mr. President.”
“Send the Deputy Prime Minister for Economic Affairs to Japan. Secretly request emergency funds from Japan.”
“Yes, I understand.”
At this point, I had no choice but to simply respond that I understood whatever the President instructed me to do.
“Yes, if Japan helps, we can overcome this crisis.”
In the end, in the midst of South Korea’s greatest crisis, the only thing the Blue House could grab onto was Japan’s emergency financial support.