Chapter 609: Fame and fortune
Seoul!
It is a young city with a vibrant population, stunning natural landscapes, and a long history and culture! It is also the largest city on the Korean Peninsula and one of the major financial cities in Asia!
Since the financial crisis in Thailand gradually spread to Asia and other countries, South Korea's foreign capital began to withdraw, and international speculators also began to sell the won to short the South Korean stock market.
For a time, the exchange rate fell, the stock market plummeted, the bank capital chain was broken, small and medium-sized enterprises went bankrupt one after another, large enterprises and consortia such as Daewoo and Kia collapsed one after another, financial panic spread, and the country was in mourning!
In the general environment, no one can stay out of the situation, and everyone is caught in the whirlpool!
In order to save the South Korean economy, people have sold their gold to the government to buy foreign exchange and stabilize the market.
The South Korean government also had to turn to the IMF for help, but the IMF demanded a full opening of the market.
Once the market is fully opened, foreign capital will control the South Korean economy, and if it does not agree, South Korea will go bankrupt and people's livelihood will regress.
This is a difficult multiple-choice question, and the South Korean government is still struggling!
Samsung Group is also struggling, and in order to keep the group alive, Lee Kun-hee has to dispose of a large number of the group's assets to save himself.
This is also the only thing that South Korea's big enterprises and big conglomerates can do now, to survive.
And in Seoul, Li Fuzhen, who is about to get engaged, is in a very bad mood when he sees the financial crisis in China and his family facing bankruptcy, especially when he sees in the news that ordinary people resolutely sell the gold in their hands to the country in order to support the country!
You must know that during the financial crisis, gold was the hard currency, and the Korean won was depreciating every day.
As a Korean, Li Fuzhen feels that he should also do something for the country, otherwise he is not worthy of being a Korean!
So, she dialed John's phone!
"Brother, I'm Jin!"
"Jin, what's the matter?"
"I... I... Do I want to get the management of the company in advance? South Korea's financial crisis, many large enterprises, big conglomerates are selling assets, I want to take the opportunity to buy some, I believe that South Korea will be able to survive, these assets will definitely become high-quality assets in the future!"
"You want to do something for your country, for your family, right?"
"Yes, but I decided not to help my country and my family at the expense of the company. ”
"You believe in your country, I believe in you! You can handle these things yourself, and you don't need to tell me. ”
"Thank you, brother, thank you!"
Li Fuzhen hung up the phone, her right hand clenched into a fist, the excitement in her heart was self-evident, she was authorized by John, she could at least do something for the country and the family.
And the reason why John promised Li Fuzhen is actually very simple, the Korean financial crisis will pass, and the assets sold by large enterprises and large conglomerates are now bought at a low price, and when the South Korean economy recovers, these assets will definitely rise, so they will not lose. Moreover, the crisis launched by Morgan Sr. was originally intended to rob South Korea's assets.
Secondly, since Li Fuzhen has the courage to call John for the sake of his family and country, it proves that Li Fuzhen is still a more affectionate person, John doesn't like white-eyed wolves, and you are cold eyes when your family and country are in danger for more than 20 years, which also proves that one day you will do the same to the Morgan family!
After getting the authorization, Li Fuzhen rushed to Li Jianxi's study.
When Lee Boo-jin came to Lee Kun-hee's study, Lee Kun-hee was discussing with Lee Jae-yong about selling several shopping malls to raise funds.
"Father!"
"Jin, what's the matter?"
"We've got money, we've got money! How much money does the family need to survive this crisis?"
"What are you asking for? Where did you get the money?" asked Lee Kun-hee.
"The Morgan family originally asked me to take charge of the Crown Industrial Group after marrying Dean, and I just called Dean's brother to ask for the management of the company in advance, and he agreed! We have money to tide over this crisis! How much money does the family need, I spend money from the company's account to get the family through this crisis, and when the crisis passes, I can return the principal and interest to the company's account. Li Fuzhen looked at Li Jianxi excitedly.
"The family needs at least $500 million to tide over this difficult time, does your company have so much money?" said Lee Jae-yong sourly, very sure that the Morgan family would not let Li Fuzhen take care of a lot of assets.
"$500 million, no problem. Li Fuzhen could naturally hear the meaning of Lee Jae-yong's words, but she didn't want to argue with Lee Jae-yong.
"You can really come up with $500 million!" Lee Jae-yong didn't believe it.
"Jin, don't affect your company for the sake of your family, otherwise it will be difficult to make a difference!" Li Jianxi looked at Li Fuzhen worriedly, he naturally hoped to tide over the crisis, but he didn't want to affect Li Fuzhen.
"Don't worry, father, this money can't affect Crown Industrial. Li Fuzhen smiled slightly, reassuring Li Kunxi, and then took out the phone and called Nikolich, the vice president of Crown Industrial.
"Is it Mr. Nikolich?"
"Yes, may I ask who you are?"
"I'm Li Fuzhen!"
"Hello Mr. Li!"
"Hello, I just called Mr. JK, and he has agreed that I will take charge of the company in advance!"
"Miss Dani has just called me and asked me to cooperate with your work, if there is anything you want!"
"Thank you! Wait a minute, I'll ask someone from the Samsung Group to contact you and lend a sum of $500 million to the Samsung Group, with interest calculated according to the current bank interests in the United States!"
"Okay, no problem!"
"Thank you!"
Li Fuzhen hung up the phone and looked at Lee Kun-hee and said. "Father, let someone contact Vice President Bacco Nikolic of Crown Industries!"
"Good, good!"
Li Jianxi said two good words in a row, and excitedly shook Li Fuzhen's hand and said, "Jin, you have done the family a great favor this time!"
"If you really want to help, you shouldn't count interest!" said Li Zaiyong sourly on the side.
Lee Kun-hee glared at Lee Jae-yong, and just as he was about to speak, he heard Lee Fu-jin say.
"Brother, you have to make it clear that Crown Industry is not my industry, I am just a part-time worker, and I take out money from the company to lend money to my family, which is already considered favoritism, if I don't charge interest, how can I explain to the Morgan family?"
"Aren't you about to become the daughter-in-law of the Morgan family? Shouldn't they help your in-laws when they are in trouble? Moreover, the Morgan family has a big business, and there is still interest for this matter, which is too impersonal and stingy!" Lee Jae-yong said.
"Okay, then I hope that my brother will be able to be generous one day, and make me ashamed of being a sister!" Li Fuzhen said without waiting for Lee Jae-yong to refute, and looked at Li Jianxi and said. "Father, I still have something to do, let's go first!"
Li Fuzhen doesn't want to argue with Lee Jae-yong, it's boring!
After Li Fuzhen left, he spent a few days inspecting the current situation in South Korea and the sale of assets by major corporate consortia, and then spent $3 billion to buy a large number of assets, mainly some shopping malls, department stores, hotels, and high-quality land in the area.
Among them, the investment in land is the largest, Li Fuzhen took out 2 billion US dollars to enclose the land, and the largest piece is located in the suburbs of Seoul, with an area of more than 800 acres.
Li Fuzhen plans to build a crown theme park here in the future.
And Li Fuzhen's generosity has also received a lot of benefits.
contributed 3 billion foreign exchange to the country, which not only made Lee Boo-jin gain favor in the government, but also made Lee Boo-jin win the hearts of the people in the whole of South Korea. At the same time, these assets invested by Li Fuzhen, especially the land, will increase several times in the future, which can be said to be fame and fortune!