The Highest Level Son of a Chaebol Family - Chapter 371
Only Noblemtl
371. That won’t work.
Taesung Energy CEO Yoon was drenched in cold sweat.
“Your Majesty, you really have to bring Yugong under Taesung Energy… … .”
In the end, the story couldn’t be concluded.
But that short question contained a lot of meaning.
You can tell just by looking at the complicated expression on Taesung Energy CEO Yoon’s face.
“Why? Are you not confident?”
“I am confident!”
Taesung Energy CEO Yoon’s eyes were burning brightly.
“If you leave it to me, I will definitely make Taesung Energy the best energy company in Korea!”
“Is it possible with just Yugong?”
“We have to do it! We have to beat out all the companies like Woogwang Oil, Samhwang Oil, Honam Oil, Gyeongsang Oil, and Gyeonggi Oil…!”
“Is it really necessary to do that?”
I gestured to President Shim.
Immediately, President Shim opened the bag he had brought and took out a bunch of files.
“Woogwang Oil, Samhwang Oil, Honam Oil, Gyeonggi Oil, Gyeongsang Oil, and also… … .”
In an instant, a mountain of documents began to pile up in front of Taesung Energy CEO Yoon.
“What is all this?”
“This is a list of domestic oil refining companies that Taesung Energy should consider acquiring.”
“……yes?”
If you keep breathing like that, it seems like you’re going to start a fight.
I smiled brightly.
“We are also considering acquiring an oil refinery that is somewhat shaky but has some solid facilities.”
“Huh?”
Taesung Energy CEO Yoon opened his mouth wide.
“How can you afford to buy all that…?”
“Vice President, is it difficult?”
“No way. There’s no problem at all.”
Everyone looked back at me with a look of disgust at the smuggling king’s cheerful answer.
Taesung Electronics CEO Min repeatedly wiped his surprised face.
“Didn’t you say that even after limiting the funds for acquiring Yukong, you still had money left to invest in Taesung Semiconductor?”
That’s what it was.
“It is unreasonable to provide 30 billion won in support during this recession.”
I had already announced my intention to invest 300 billion won over 10 years to grow the semiconductor industry.
“You said you still have the capacity to acquire other domestic oil companies? Huh?”
Taesung Hotel CEO Hwang also let out a hollow laugh with his mouth wide open.
“What’s even more shocking is that you haven’t even sold the land in Gangnam yet. Heh, heh heh heh! I can’t believe this.”
Taesung Hotel CEO Hwang planned to build seven Taesung Hotels centered around subway stations in Gangnam.
“Besides, Cheonma Apartment hasn’t even started selling yet?”
The Cheonma Apartment I own now has about 4,500 units.
“With the oil crisis and the prices of Gangnam apartments rising like crazy, if they sell them for just 30 million won each… … Huh, 135 billion won?”
“I’m thinking of using that money to acquire an oil company.”
The smuggling king looked through the file that President Shim had taken out.
“Your Majesty, I heard that Samhwang Group has been investing aggressively in facilities recently in order to surpass Yukong?”
President Shim also nodded and smiled.
“Thanks to this, the oil refinery is currently being considered as the most promising acquisition target. It is because the deficit has piled up too much due to the oil price freeze.”
It was somehow golden!
Everyone added a word.
“Samhwang Oil is a company that has been making great contributions to Saudi Arabia from the beginning.”
“This time again, they are moving to overcome this crisis by obtaining a loan from Saudi Arabia.”
The company that acquired Korea National Oil Corporation in the past was Samhwang Group.
Samhwang Group had to settle for the 50% stake that Gulf had given up with foreign loans.
The foreign loan that Samhwang Group brought in at that time was Saudi Arabia’s oil money.
‘If we compete with the Three Emperors, it will only be good for Gulf.’
Competition drives up prices.
“Is there a law that says only the Three Emperors can attack Saudi Arabia? Let’s attack Saudi Arabia too.”
“yes?”
Why do you all look so surprised?
“Samhwang Oil mainly imports crude oil from Saudi Arabia.”
“Compared to Samhwangjeongyu, with whom we have been doing business for a long time, we have never really gotten to know Taesung properly.”
“The arm bends inward, so when conditions are the same, the Three Emperors have an overwhelming advantage.”
“No.”
I waved my index finger from side to side.
“First of all, the premise is wrong. Why has our Taesung never really gotten to know each other properly?”
“Well, in our Taesung, there was no oil company at all… … .”
“Does Taesung Construction look like X?”
“ah……!”
I pointed at my father, who was lost in thought without saying a word.
“Didn’t my father also win the bid to build a city near the Saudi Jubail industrial port?”
“That’s true, but even so, in terms of the transaction period or scale… … .”
“Even my father was invited as a state guest to the Saudi royal family?”
“… … ?”
Everyone looked at Father with surprised eyes.
Even my grandfather looked surprised.
“A state guest from the Saudi royal family? What does that mean?”
“A few years ago, during the assassination of the Saudi King, he was recognized for his contribution in first discovering the armed rebels who were scheduled to rise up immediately after the assassination and also in rooting out the rebels.”
“what?”
Grandpa jumped up.
“What on earth have you been doing in Saudi Arabia?”
“It just so happened.”
“It’s not something you can just brush off with the words, ‘It just so happened.’ Did you even receive a medal?”
“Instead, we owe a debt to the Saudi royal family.”
“… … .”
My grandfather opened and closed his mouth like a goldfish, seemingly speechless.
“I also added that I would be happy to give it to Your Excellency the President if he so desires.”
“What? You’re saying that you just threw that away like a waste?”
“He said that he would only accept the person’s heart, saying that it would be useless if the country took away the achievements made by an individual.”
“… … .”
Grandfather’s mouth fell open wide.
Just as I was about to add, my father was a little faster.
“At that time, he asked, ‘What if we were to pay the Saudi royal family’s debt in oil?’”
“ah……!”
“Not at the diplomatic level, but at the civilian level. I think it would look better if Taesung created an oil refinery company.”
“Yes, that’s right.”
Grandfather nodded.
The eyes of the affiliate company presidents became brighter than ever.
“When was this discussed with Your Majesty?”
“At a private drinking party. Thanks to that, I received an invitation to the New Year’s luncheon at the Blue House.”
“Ah, so that’s what happened!”
Everyone slapped their knees.
Grandfather burst into laughter.
“Anyway, as long as the results are good, that’s all that matters. His Majesty has written a personal letter with this in mind, handing over the work to our Taesung, and we just have to pay the Saudi royal family a debt!”
Grandfather’s eyes sparkled.
“We will secure funds for the acquisition of Yukong by receiving investment from JH Investment in Taesung.”
“yes.”
“Vice Chairman Cha Sung-jun, you yourself go to the Saudi royal family and finalize matters related to crude oil supply.”
“yes.”
“I will negotiate with His Excellency the President and receive the award.”
“Yes, sir.”
Grandfather looked back at us.
Me and President Shim, heading towards the direction where the smuggling king is.
“JH Investment should be in charge of putting pressure on Gulf Sa.”
“I’ll do that.”
I raised my hand.
Then everyone looked at me with a puzzled look.
“Your Majesty, are you going to step forward yourself?”
“Something came up that required me to go to America.”
“What business do you have in America?”
“I need to collect Berkshire Hathaway stocks in a hurry.”
“What? Where?”
Everyone’s mouths were wide open.
I took out the contract and business card from my coin purse.
“It is a contract to receive Berkshire Hathaway shares at an annual interest rate of 67.8%, including $1.2 million in Blue Stamp shares, if the stock price of Berkshire Hathaway falls below $800 within a year.”
“Ugh, Berkshire Hathaway shares fell below $800 last week?”
“I think it will be down to closer to $500 by the time the shareholders’ meeting is held in May?”
I waved the golden contract around.
“So, it’s a Tattabul recovery ticket.”
“No, what is this?”
My grandfather snatched the business card away like an eagle.
“Warren Buffer’s personal business card!”
He rubbed his eyes and looked at the business card again, surprised again.
“Could that be Warren Buffers? The master of insane returns, the Oracle of Omaha, the legend of Wall Street?”
“that’s right.”
I smiled brightly.
“Warren Buffer personally gave me his business card and invited me to the May general meeting.”
“what?”
There is no one on this earth who has not heard of Warren Buffer’s fame.
Of course, we have heard a lot about Berkshire Hathaway’s annual shareholders’ meeting.
So everyone opened their mouths and shouted in surprise.
“oh my god!”
“How on earth did you get that celebrity… …!”
“Berkshire Hathaway’s May annual meeting is a must-go! You absolutely must go!”
I shrugged.
“In the same vein, I’m thinking of following my dad to Saudi Arabia this time.”
“No, why in Saudi Arabia?”
“I acquired one of the Saudi oil fields.”
“what?”
I thought everyone would ask me all sorts of questions.
Unexpectedly, silence flowed.
No, why is the atmosphere like this?
Grandfather tapped his ears.
“I think I misheard something just now.”
“That’s right. I also heard a strange word for a moment, didn’t I?”
“Right? It wasn’t just me who misheard… … Huh?”
At the same time, he looked at me and screamed.
“Useru …
It was a deafening roar.
Grandfather couldn’t stand it anymore and got up.
“What do you mean an eight-year-old kid has Saudi Arabian genes?”
“… … .”
“Isn’t that our Jeong-hyeok the kid who has been attending school diligently without being late, absent, or leaving school early?”
“… … .”
I turned my head away, pretending not to know.
How can I say that this is the result of burying my homeroom teacher in Cheonggyesan Mountain and interviewing him before I entered school?
“A kid who never played tag with his friends, never went far away with his parents, and just went from home to school to home!”
“… … .”
“Where did you get what? Saudi oil fields? Warren Buffer’s business card?”
“… … .”
I glanced at President Shim and the smuggling king.
They were both rolling their eyes and trying to avoid the conversation.
The person I went down to Busan secretly and met in the water torture room was the smuggling kingpin, and the person I went to Japan with and robbed of real estate was President Shim.
“What kind of magic did you use… … . It won’t work. Jeonghyeok, tell me more.”
“Father, stop it.”
My father, who had been quiet until now, opened his mouth.
“Isn’t this a place where you receive reports on company work from your subordinates?”
“Jeong-hyeok is my grandson, and JH Investment is our Jeong-hyeok company.”
“So, how much of JH Investment’s stock does your father own?”
“… … .”
I don’t have a single week.
Because I haven’t even listed JH Investment yet!
I am a major shareholder of Taesung, but my grandfather never invested a single penny in JH Investment.
“Isn’t it extremely rude to meddle in the internal affairs of another company when you’re not even a shareholder?”
“… … .”
“Besides, my parents are also like that.”
“Ahem!”
“And I have no intention of stopping my son from doing what he wants to do.”
Grandpa collapsed onto the sofa.
“Do you have work to do in the US? Then you should go. Saudi Arabia? Let’s go there with Dad.”
My father smiled brightly at me.
“If you need a passport, Dad will make it for you, and if you need an entry permit, Dad will get that for you too.”
“dad…….”
“You want to go to the Berkshire Hathaway shareholders’ meeting? Then I’ll send you.”
“Daddy!”
I never thought I would be granted permission so readily.
He is hugging his father and looking moved.
Ding dong ding dong ding dong!
Bam!
A skunk from the southeast came running with an urgent look on its face and reported.
“Your Majesty, the Prime Minister of Japan, the leader and executives of the Liberal Democratic Party, the chairman of the Japan Business Federation, and even a Yakuza executive have all sent me requests for a meeting, asking me to please meet them just once!”
“Yakuza?”
My father lifted me up and raised his eyebrows.
“That won’t do.”