The Peninsula chaebol started by rescuing Samsung's little princess.
Chapter 107 Honest and Simple-minded Lee Jae-hyun
Chapter 107 Honest and Simple-minded Lee Jae-hyun
"Hello, I'm Li Haorong from Mars Technology. I'd like to speak with your Chairman, Li Zaixian!"
"Hold on!"
Standing at the front desk of the CJ Building, Li Haorong silently surveyed this renowned conglomerate on the peninsula.
CJ Group was originally Cheil Industries, founded in 195 by Lee Byung-chul, the founder of Samsung.
Founded in 3 years.
In the 60s, the Samsung Group was embroiled in a "Prince's Rebellion".
The second son, Lee Chang-hee, reported his father, Lee Byung-chul, for breaking the law. Park Ka-ka suppressed the report and informed Lee Byung-chul, who was furious and kicked him out of the house.
Lee Maeng-hee, who was originally considered the successor, was also abandoned by Lee Byung-chul in this incident, and the position was passed on to the third son, Lee Kun-hee.
Logically speaking, as the son of the disgraced Lee Maeng-hee, Lee Jae-hyun should not have been able to inherit the First Sugar Factory.
But what can you do when he has such a good mother and a good grandfather!
Lee Jae-hyun's mother is Son Bok-nam, and her father is Son Young-ki, the former Minister of Agriculture and Forestry of the Korean Peninsula and Governor of Gyeonggi Province. He and Lee Byung-chul were childhood friends.
Therefore, Lee Byung-chul and his wife doted on their eldest daughter-in-law and eldest grandson, and before their deaths, they passed on the First Sugar Refinery to Lee Jae-hyun.
Lee Jae-hyun is also a very capable person. Together with his uncle Son Kyung-shik, he separated Cheil Jang Sugar from the Samsung Group and, after nearly 20 years of development, it has become a large conglomerate worth tens of billions of dollars, spanning food, pharmaceuticals, logistics, film and television.
CJ Entertainment, a subsidiary of the group, is the true number one entertainment company in the peninsula, spanning multiple aspects such as film, television, radio, internet, music, games, and performances.
Although the head of CJ Entertainment is Lee Jae-hyun's sister, Lee Mi-kyung, who later became the producer of the Oscar-winning film "Parasite," his own backer is Lee Kun-hee. If you want the film and television rights of CJ Entertainment, you still have to pay homage to Lee Jae-hyun first.
"I'm sorry, our president has something to attend to today and cannot see you!"
However, after making the phone call, the receptionist apologized to Li Haorong.
"I see! Thank you!"
Li Haorong showed no disappointment and turned to leave the CJ Building.
Before he came, he had already mentally prepared himself not to see Lee Jae-hyun this time.
Prior to this, he had contacted Lee Jae-hyun by phone, saying he wanted to visit him and wanted to arrange a time.
However, the other party's secretary said that Chairman Lee Jae-hyun had something to do and could not arrange a meeting time, but he would convey Lee Ho-young's message.
It was obvious from those words that the other person was deliberately avoiding him.
Undeterred, Li Haorong found out that Li Zaixian was at the company today and made a special trip there, but as expected, he still avoided her.
But Li Haorong is not the kind of person who would easily admit defeat.
After leaving the CJ Building, Li Haorong drove towards Hannam-dong.
As a well-known affluent area in Seoul, Hannam-dong is quiet and somewhat deserted, but it is precisely this tranquility and peace that makes the wealthy people of the peninsula willing to settle here.
Lee Kun-hee was like that, and so was Lee Jae-hyun!
As the afternoon sun gradually set, a jet-black Maybach, exuding an aura of wealth, was about to drive into a mansion.
Just at the entrance, a Mercedes-Benz G-Class suddenly sped out and blocked the front of the mansion.
Immediately afterwards, Li Haorong jumped out of the car.
Faced with such a sudden accident, two bodyguards with stern faces got out of the Maybach.
Thank goodness the Korean Peninsula is a gun-free country; if this happened in the United States, the other side would probably have emptied their magazines by now!
"I'm sorry, I didn't mean to. I just wanted to see you all—"
Just as Li Haorong thought the two bodyguards were about to attack him and was about to explain,
They saw one of the men take a wheelchair out of the trunk and unfold it, while the other opened the rear door and helped someone into the wheelchair.
The person in the wheelchair is Lee Jae-hyun.
The genetic disease in the Samsung family originated from Lee Byung-chul's wife, Park Do-eul, who is also a first cousin of Lee Jae-hyun's maternal grandfather, Son Young-ki.
This resulted in Lee Jae-hyun's parents being related by blood, and his mother calling his grandmother "cousin-aunt".
The double whammy makes Lee Jae-hyun's hereditary disease the most severe in the entire Samsung family, requiring him to use a wheelchair frequently. It's also worth mentioning that his sister, Lee Mi-kyung, also uses a wheelchair.
It can be said that among the three generations of Samsung family members, the more capable they are, the worse their health is.
"You're pretty brave, daring to block my car?"
Lee Jae-hyun, sitting in a wheelchair and holding a cane, was pushed by his bodyguards to Lee Ho-young.
He looks about three-tenths like Lee Jae-yong, only rounder and shorter, and appears honest and simple.
"Since Chairman Li is avoiding me, I have no other choice but to resort to this tactic!"
Lee Ho-young didn't take Lee Jae-hyun's blame to heart at all, and instead smiled and said...
"What's so special about me that I need to see you?"
"You're my idol! Isn't it only natural for fans to want to see their idols?"
Li Haorong resorted to his usual rhetoric, but this time, his once-unfailing success backfired.
"Hehe, as my uncle's son-in-law, you want to be my fan?"
"Okay, you broke up with Yin Xin, so I'll find you someone else?"
Faced with Lee Jae-hyun's aggressive questioning, Lee Ho-young was slightly taken aback. Why was Lee Jae-hyun not playing by the rules?
"Chairman Lee is joking. I am who I am, and I have nothing to do with Samsung!"
"It's okay now that you've broken up with her!"
At this point, the situation had completely stalled.
In this situation, it's impossible to even continue a conversation, let alone discuss business.
Clearly, Lee Ho-young underestimated the extent of the rift between Lee Jae-hyun and the Samsung family.
According to Lee Ho-young's previous understanding, Lee Jae-hyun himself did not have any estrangement from the Samsung family; the main issue was the personal feud between Lee Maeng-hee and Lee Kun-hee.
It is said that the two brothers not only sabotaged each other, but also monitored each other.
In his past life, the video of Lee Kun-hee looking for prostitutes was probably done by Lee Meng-hee!
Therefore, the two brothers never spoke to each other again, and logically they should have no connection with Lee Jae-hyun.
"Is that all? I just want to collaborate with CJ!"
Lee Ho-young wanted to continue speaking, but Lee Jae-hyun interrupted him.
"There's no way we can cooperate. As for why, you can ask that person!"
Lee Jae-hyun pointed with his cane to another mansion not far away, which was none other than Lee Kun-hee's mansion.
Without waiting for Li Haorong's reply, he continued, "Alright, we're done talking, I'm leaving!"
He waved to his bodyguard, who then pushed Lee Jae-hyun's wheelchair around the two cars blocking the doorway.
"Well, this has completely fallen apart!"
Just as Li Haorong was thinking about what other ways to remedy the situation, he saw Li Zaixian's Maybach suddenly reverse.
"Bang!"
Just when he thought the car would go around his G-Class, the Maybach suddenly accelerated and crashed into his car!
The G-Class was hit and spun half a circle on the spot, with the front of the car deformed.
The expensive Maybach had half of its front end missing, and the bumper fragments were scattered all over the ground. The repair costs alone would probably be equivalent to a day's wages for many readers.
Seeing this, Li Haorong couldn't help but feel fortunate that he wasn't in the car, otherwise he would have been covered in bruises after the collision.
"Don't block other people's cars like that again. Consider this a lesson learned. If the insurance premium isn't enough, I can help you pay for the repairs!"
Just then, Lee Jae-hyun's voice came from not far away.
Looking again, Li Haorong saw that the other person had already been pushed into the mansion.
Although you might think you've won in terms of car quality alone, this isn't a car crash; it's a slap in the face!
It was only the first time I had met him, was it really necessary to go to such extremes?
Suddenly, he remembered what Lee Jae-hyun had just said and couldn't help but look at Lee Kun-hee's mansion not far away. It seemed that he would have to ask the old man for an answer to his question.
"Hahaha, they really crashed? No wonder he's my nephew!"
Inside the mansion in Hannam-dong, Lee Kun-hee sat on the sofa, listening to Lee Ho-young's story, and couldn't stop laughing.
"President, why are you laughing so happily after he did that?"
Li Haorong complained from the side.
"I wouldn't be laughing if he didn't do that!"
Lee Kun-hee's words seemed to have a deeper meaning, and Lee Ho-young instantly realized what was going on.
"You mean, he did it on purpose to show off?"
"I guess so. I really can't stand his idiot father, but I still like this nephew very much!"
"So, CJ's complete severing ties with Samsung is just for show?"
"Yes and no!"
Lee Kun-hee leaned back on the sofa, seemingly recalling something, his voice becoming drawn out: "After my father passed away, my sister-in-law came to me with shares in Samsung Fire & Marine Insurance to make a deal, wanting to exchange them for my shares in Cheil Industries. I knew then that they genuinely wanted to break away from Samsung—"
According to Lee Kun-hee's explanation, after Lee Byung-chul's death, Son Bok-nam and Lee Jae-hyun did indeed want to become independent.
At the time, Lee Kun-hee was busy taking over Samsung's businesses, so he went along with their request and gave the mother and son shares of Cheil Jedang, allowing them to completely control Cheil Jedang and become independent from Samsung.
But to his surprise, Lee Jae-hyun's family actually developed the First Group, which later became CJ Group.
If CJ Group hadn't succeeded, Lee Kun-hee might have offered it some financial assistance to demonstrate his magnanimity, just like the other illegitimate children in the Samsung family.
But as they grew and became Fortune 500 companies, I found myself unable to contact them.
How will the government view the merger of two Fortune 500 companies on such a small peninsula? How will other conglomerates view it? How will the public view it?
Therefore, the relationship between the two companies can only be bad, and must be bad!
Only in this way will it be good for both companies!
But if there is a foreign enemy in the future, these two families will still be connected by blood.
This is why the relationship between the two families suddenly eased after Lee Maeng-hee and Lee Kun-hee both passed away.
What does "a cunning rabbit has three burrows" mean? This is what it means!
After Lee Kun-hee's explanation, Lee Ho-young finally understood that he had been oversimplifying things.
Why have I and my idiot older brother been making headlines all these years?
We do have a bad relationship, and we have indeed done things together, but why was this information leaked so easily?
Clearly, this was all tacitly agreed upon by both parties. Such a scandalous tale about a wealthy and powerful family is something everyone loves to follow, and people will only think that the two families have never spoken to each other again.
"In that case, it seems I'll have to think of a new approach!"
Li Haorong couldn't help but sigh.
"Still trying to find a solution? Even if your website doesn't have CJ Group's film and television copyrights, the impact shouldn't be too significant, right?"
Seeing that Lee Ho-young was still thinking about the CJ Group, Lee Kun-hee asked him to give up the idea.
"The impact isn't huge, of course, but I can't let him hit my car for nothing!"
"Don't do anything reckless!"
When Lee Ho-young revealed a wicked smile, Lee Kun-hee's heart skipped a beat!
This kid sometimes uses unconventional methods that even he couldn't have imagined.
"Don't worry, Chairman, I will absolutely not jeopardize the overall situation for either of us, and I will also secure the CJ copyright!"
Seeing Lee Ho-young's confident demeanor, Lee Kun-hee smiled with satisfaction.
He is resourceful, competitive, and very similar to himself—that's why Lee Kun-hee likes Lee Ho-young.
Of all her children, only Lee Boo-jin possessed such methods, but unfortunately, she was a woman.
Now, Lee Ho-young has connections with both of his daughters, making him a likely candidate for Samsung.
Fortunately, he has his own career. All I need to do is let him focus on his career and become the second CJ. Only then will Lee Jae-yong be able to control Samsung more securely!
This is what it means to have three burrows!
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