The Genius Grandson Of The Cash King Becomes A Tycoon [EN]: Chapter 166

166

#166

Jeong-hoon glared at the old woman before him.

They were even using a farewell to a person as a means.

‘Sincheong [Likely refers to a criminal organization or group].’

Indeed, they were an organization worthy of being a partner to Cheonjihoe [Possibly a historical or fictional organization, perhaps a secret society].

“You’ve shown yourself more easily than I expected.”

“You, not panicking even at a moment like this, your bluff is impressive. I’ll commend you for your guts.”

The men guarding Ae-wol drew their swords from their chests.

“What? Shit, it wasn’t a joke.”

Eun-soo pulled Cha Boa close to his side.

Eun-soo was nervous and flustered.

“Hey, what do we do?”

They exuded a stronger aura than anyone he had ever met.

The gleaming swords were calling for blood.

But Jeong-hoon still had a nonchalant expression.

“Hey, Yoon Jeong-hoon, you know you can’t go back alive, right?”

“Well, I know you’re going to die before I do.”

She struck the floor with the cane in her hand.

The loud cracking sound, enough to shatter the floor, echoed through the hallway.

“You insolent fellow. I should cut off your glib tongue first.”

Her small eyes narrowed, emitting a murderous aura.

“Then farewell. Ah, I should give that woman as a gift to Chairman Lee Seok. I think I’ll get something good if I give her to him. He seemed quite mad about her.”

“You crazy hag, I’m going to tear your mouth apart.”

Eun-soo spat out harsh words.

Jeong-hoon didn’t respond at all to the old woman’s murderous words and only checked his watch.

He looked up at Ae-wol.

“Now, it’s time. Sincheong’s leader has someone to meet.”

“What?”

A smile of triumph spread across Jeong-hoon’s face.

The phone rang.

The man who answered the phone’s expression distorted.

He whispered into Ae-wol’s ear.

Her expression changed in an instant.

Her lips were still smiling, but she couldn’t hide her trembling fingertips.

“Move!”

A rough voice came from above.

The Sincheong members blocking the stairs parted like the Red Sea.

Park Chang-soo came down from the middle, holding a long sword, a ‘Hwando’ [Korean sword], in one hand.

“Chairman!”

He bowed before Jeong-hoon.

“All the guys outside have been subdued. Just give the order and we’ll wipe them all out.”

Park Chang-soo looked at Jeong-hoon. His eyes were full of revenge.

“Good work. It’s a funeral home. We can’t spill blood here.”

Park Chang-soo bit his lip and slowly nodded.

“I understand, Chairman. But let me say just one word.”

He approached Ae-wol and pulled the sword from its scabbard.

It sparkled in the light, emitting a sharp gleam.

– Swish

Park Chang-soo’s sword aimed at Ae-wol’s neck.

But she didn’t even blink.

She had the presence of someone who could be called the leader of Sincheong.

“I’ll let you live today. But don’t forget. The vengeful spirits of the people you massacred still linger around Sincheonjae [Likely a place name, possibly a building or estate]. They’re targeting your necks, so always be careful. The sword of our ancestor, Park Moo-jin, the leader of Cheonbon (天本) [Likely a historical group or faction; the Chinese characters suggest ‘Heaven’s Foundation’ or ‘Heaven’s Root’], will take your head.”

“You insolent fellow.”

Park Chang-soo’s sword left a faint scratch on her neck.

Dark red blood oozed from her neck.

Jeong-hoon gestured.

Sincheong members escorted Ae-wol out.

And Hwashin Distribution employees came in and began to guard Jeong-hoon’s surroundings.

“Thank you, Chairman.”

“I’m sorry. We could have eliminated them today.”

“No, Chairman. We need to draw out all the power they have. We must eliminate all that power to drive them out of this land without a trace.”

Jeong-hoon nodded.

“There’s not much left now.”

“I’ll risk my life.”

Park Chang-soo bowed deeply and answered.

“Let’s go, Eun-soo!”

Jeong-hoon said to Eun-soo.

Eun-soo took Cha Boa’s hand and approached Lee Seok, who was lying on the floor.

“Boa, get back at that bastard for everything he did to you.”

She bit her lip and stomped on his back with the high heels she was wearing.

A short scream escaped his lips.

A month had passed since Lee Heon’s funeral.

People’s interest in his enormous inheritance gradually waned.

If it were an ordinary person, his wife and children would have divided it.

But in this case, it was highly likely that Lee Seok would receive all of his assets.

Most speculators predicted that.

However, a month after the funeral, the results of the inheritance settlement were not known.

The market’s anxiety grew, and Star Group’s stock price slowly declined again.

***

It had been a month since , invested in by Sinhwa Entertainment, was released.

A movie that invested 10 billion won [Approximately $7.5 million USD], defying Chungmuro’s [Korean film industry’s equivalent to Hollywood] cynicism.

The reporters’ reactions were lukewarm, but the public loved it.

In particular, the special effects and clear storyline provided fun for those who came to the premiere.

It recorded sold-out seats for a week from the first day of its release.

As of today, a month later, the number of moviegoers who have watched the movie is a whopping 6 million.

At this rate, it was expected to exceed 10 million in another month.

Originally, the total number of viewers for was just over 8 million.

But Jeong-hoon additionally allocated hundreds of millions of won in advertising expenses to increase promotion.

As a result, the audience increased by 2 million.

He knew that focusing on success could lead to even greater success.

The success of the iPod proved it.

The time was already at the end of August 2007.

The heat was still intense, but it was losing its power day by day.

Jeong-hoon was standing in the chairman’s office, looking at the forest of buildings spread out outside the window.

The intercom rang.

“Chairman, the ceremony will begin in 30 minutes. It’s time to leave now.”

Jeong-hoon picked up the car keys on the desk and put them back down.

It was a place to maintain dignity.

“Prepare the Rolls Royce.”

“Yes.”

When he went down to the first floor, Jeong-hoon’s second car was waiting at the entrance of the building.

As he got into the Rolls Royce Phantom, the car started with a smooth engine sound.

***

The moment President Gu Han-soo took the oath of office in 2003, Ilsong Group’s headquarters was blown up.

A wide area of over 10,000 pyeong [Approximately 8 acres] was created in the center of Korea, in the middle of Jongno [A district in Seoul].

Sinhwa Group began to build an empire where all its affiliates could enter in the empty space where Ilsong Group had disappeared.

Now, in its fifth year.

Jeong-hoon finally faced the result today.

‘Sinhwa Town.’

It consisted of a total of four buildings.

Four 50-story buildings, 200 meters high [Approximately 656 feet], stood tall in the east, west, south, and north.

The entire area from the basement to the second floor above ground was connected, but from the fifth floor, it was separated into four buildings.

It felt like a giant temple tower.

People called the four buildings the Four Heavenly Kings guarding the Sinhwa Group.

Robert Meyer, an American architect called the White Magician.

The world-renowned architect spent a year designing it.

And on the day he received the completed blueprints.

The employees of Sinhwa Construction had to hold an emergency meeting.

The result of the meeting was that construction was impossible.

It was too much for their level of skill.

Lee Soo-hong, the president of Sinhwa Construction, took the lead and ran to Jeong-hoon.

He explained the reasons why it was impossible in detail and suggested a consortium with other companies.

“President Lee, it’s called a consortium, but you’ll only be watching. Take this opportunity.”

“Chairman, it’s too much for our level.”

“Don’t set limits for yourself.”

For the first time, Jeong-hoon urged President Lee Soo-hong.

“If you insist, I understand. But please be aware that the probability of failure is very high.”

“You learn and build your skills while failing. That’s how you grow. Just watch. The moment you complete this building, you will become one of the top 10 construction companies in the world. And aren’t you ashamed? Not even number one in the world, but number 10. You know that Sinhwa Heavy Industries and Sinhwa Shipbuilding are number one in the world, right?”

Lee Soo-hong’s brow furrowed.

Jeong-hoon stirred his pride.

Fueled by determination, he devoted himself to the construction of Sinhwa Town as expected.

Construction alone took four years.

They built up their skills through countless trials and errors over four years.

There were hundreds of patented methods invented during this construction.

Nevertheless, they faced numerous obstacles due to insufficient technology.

In the end, they had to acquire a construction company with excellent technology.

‘Dragon Construction.’

It was a company with high recognition overseas due to its excellent technology.

It was the best company to supplement Sinhwa Construction’s lack of technology and recognition overseas.

As expected, the merger resulted in the two companies creating the best synergy.

Sinhwa Construction supplemented its lack of technology, and Dragon Construction solved its chronic funding problems.

They quickly threatened Youngsan Construction, the number one company in Korea.

In addition, they actively jumped into overseas construction projects that they had not been able to undertake due to lack of funds.

Of course, they avoided overseas plant projects that would result in large-scale losses in the future, making various excuses.

Jeong-hoon arrived at Sinhwa Town.

Outside the car window, more than a hundred executives and employees of the group’s affiliates were lined up.

He got out of the car and saw them bowing and greeting him.

This was also a reduced number.

Officially, it was the second-largest conglomerate after Star Group, but in reality, it far surpassed Star Group when considering the assets and companies held by Legend Company,

as well as Mirae Financial Group and Sinhwa Distribution.

Jeong-hoon got out of the car, greeted the executives and employees, and exchanged light words of blessing.

He looked around, looking for Lee Soo-hong, the president of Sinhwa Construction, but he was nowhere to be seen.

He wanted to commend him for his hard work in laying the foundation for the vast empire, staying up all night.

“Where is President Lee Soo-hong?”

People looked around at Jeong-hoon’s question.

“Oh, he was definitely here……”

Oh Jeong-sik, the very large president of Sinhwa Pharmaceuticals, answered.

“He ran to the parking lot.”

The president of Sinhwa Securities and the president of Sinhwa Mipo Shipbuilding said at the same time.

After a while, President Lee Soo-hong, carrying a briefcase, came running in a hurry.

Jeong-hoon reached out his hand and asked for a handshake.

“You’ve really worked hard, President Lee Soo-hong.”

“It really happened as you said, Chairman. It was difficult, but if I didn’t give up and worked hard, it really became as you said, Chairman. If it weren’t for you, Chairman, how could I be in this position?”

His past face flashed before his eyes.

He was kidnapped at the construction site and hung on the railing.

Less than 10 years after persuading him to join, he became the president of Korea’s leading construction company.

All the executives and employees who were with Sinhwa were like that.

The presidents of Sinhwa Development, Sinhwa Heavy Industries, and Sinhwa Shipbuilding, who had become billionaires.

People who had risked their lives with Jeong-hoon received a reward commensurate with it.

“You flatter me. I only showed you the direction you needed to take. It was the efforts of the president and employees who completed the course to the end.”

“Thank you, Chairman.”

Lee Soo-hong’s eyes were moist as he was proud of himself for overcoming the hardships and adversities of the past.

With a touching expression, he moved one step forward towards Jeong-hoon, with tears welling up in his eyes.

Jeong-hoon also took a step back.

It was just awful.

Seeing him trying to cling to Jeong-hoon and shed tears, he slowly backed away.

Lee Soo-hong quickly noticed and quickly wiped away his tears.

“Ah, Chairman. The first phase of the Sejong City project is also nearing completion. We proceeded smoothly with the government.”

“Good job.”

“As you suggested, Chairman, we are creating a state-of-the-art smart city. Once the site adjustment is completed, we just need to put up the buildings. Here it is.”

President Lee Soo-hong handed Jeong-hoon the documents containing photos and data from his bag.

The host’s voice echoed through the huge garden in the middle of the building.

“Distinguished guests, please gather in front of the building. We will begin the dedication ceremony shortly.”

Soon after people filled the seats, the dedication ceremony proceeded according to the schedule.

The tape cutting ceremony that everyone had been waiting for.

Holding golden scissors in white gloves, he stood in the middle of the people.

“We will begin the tape cutting. One, two, three.”

He cut the five-color ribbon tape symbolizing good fortune.

Applause and cheers rang out, and Sinhwa Town was finally completed.

Jeong-hoon moved his head and looked around.

A wave of overwhelming emotion washed over him.

It was an empire built in less than 10 years.

Executives and employees approached him, shook his hand, and commended him for his hard work.

But Jeong-hoon also knew it well.

Without these people, there would be no Sinhwa today.

While he was overwhelmed with emotion, Da-hye approached and quietly stood by his side.

Holding his hand, she quietly whispered in his ear.

“Good job, Jeong-hoon. I’m so proud of you!”

It was the best thing he could hear that day.

Jeong-hoon took Da-hye’s hand and entered the banquet hall.

***

“Isn’t it really amazing?”

“Oh, you’re telling me. Who else but Chairman Yoon Jeong-hoon would have built a building like this in Jongno?”

“I know. And how does Sinhwa Group not know failure?”

“I know. So everyone is wondering when they will fail.”

“Is it true that Sinhwa Group’s total sales this year are 200 trillion won [Approximately $150 billion USD]?”

“Yes, but what’s amazing is that 30 trillion won [Approximately $22.5 billion USD] is net profit. 15 percent, 15 percent in manufacturing is an impossible figure even if a god comes to manage it.”

“Then is our Chairman Yoon a god or something?”

“He’s more amazing than a god. Hahaha.”

The faces of Sinhwa Group’s executives and employees and dignitaries from all walks of life invited to the dedication ceremony were full of smiles.

The main topic of their conversations was the amazing growth of Sinhwa Group and the achievements of Chairman Yoon Jeong-hoon.

Jeong-hoon was on the phone.

It was a call from Lim Cheol-soo.

While answering the phone, he was looking for someone with his eyes.

Park Seong-hoon, a reporter from the Munhwa Ilbo [A South Korean newspaper], appeared in his eyes.

He carefully approached and stood behind him.

“Yes, Uncle, the candidate we’re going to acquire this time is Yahoo, right?”

“Hey, is it okay to blab it out like that, saying it’s a secret? Aren’t you at the dedication ceremony party?”

“Yes, that’s right. Please do your best to acquire Yahoo.”

Reporter Park Seong-hoon, who was focusing all his attention on Jeong-hoon’s voice behind him.

He carefully took out his phone from his pocket and typed a text message.

‘Sinhwa Group preparing to acquire Yahoo’

His shoulders were shaking as he had caught an exclusive.

Genius Grandson of the Cash King, Becoming a Chaebol [A large South Korean business conglomerate, often family-owned].

The Genius Grandson Of The Cash King Becomes A Tycoon [EN]

The Genius Grandson Of The Cash King Becomes A Tycoon [EN]

현금왕의 천재손자, 재벌되다
Status: Completed Author: Native Language: Korean
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[English Translation] Dive into the captivating saga of the Cash King's brilliant grandson as he ascends to become a titan of industry! Witness his strategic genius and relentless ambition as he navigates a world of high-stakes deals and ruthless rivals. He doesn't just compete; he conquers, devouring every challenge in his path. Experience the thrilling journey of a young prodigy who rewrites the rules of wealth and power. Get ready to be enthralled by a story of unparalleled success, where only the most cunning survive!

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