Hong Kong film: Building a tycoon, starting with summoning Deadpool.

Where is Father?

"I have something very urgent to discuss with my father."

Samsung Vice Chairman Lee Young-ki rushed straight into the villa's hall, asking questions as he went.

When Madam Chen Biyu saw her eldest son Li Yongji like this, she glared resentfully at Princess Li Fuzhen, who was not her biological daughter.

She knew that all of this was caused by Princess Li Fuzhen and her husband Ni Yongjun.

So she angrily turned around and went back into the inner room.

When Samsung Chairman Lee Geon-hee saw his eldest son, Lee Young-ki, burst in looking distraught, he sensed something was wrong and asked:

"Yongji, you didn't pledge your shares too, did you?"

The fact that his two sons are in such a state today, apart from mortgaging their shares, suggests that nothing else could have caused the sons of South Korea's top chaebol to be so distraught.

Upon hearing this, Samsung Vice Chairman Lee Young-ki looked at his third brother, Lee Dong-ki, who was kneeling on the ground, and at his eldest sister, Lee Boo-jin, and Ni Yong-jun, who were standing to the side.

He knew all of this, and his father, Li Jianxi, knew it too.

Because, like his third brother Lee Dong-ki, he had pledged his shares to Miracle Company.

So the third brother, Lee Dong-ki, knelt there to apologize to their father, Lee Geon-hee.

"Father, yes."

"I want to become the president, and I want to win this competition."

"So I followed my third brother Lee Dong-ki's example and mortgaged my Samsung Logistics shares and 5% of Samsung C&T shares to Miracle Company."

"If the 1800 billion is not repaid by the due date, the mortgage will automatically be converted into a sale."

Samsung Vice Chairman Lee Young-ki followed his younger brother Lee Dong-ki's example, kneeling on the ground and shifting all the blame onto his younger brother.

"You two are really going to drive me crazy."

When Samsung Chairman Lee Geon-hee heard his eldest son, Lee Young-ki, try to shirk responsibility, he became furious and pointed at Lee Young-ki, yelling at him.

It's one thing if one person does this, but for two people to shirk responsibility like this is unacceptable.

They always try to find an excuse to shirk responsibility for their own actions and mistakes.

How can you grow if you don't recognize your mistakes?

How can someone who can't grow be a president?

And what's the point of saying all this now?

All of Samsung's other subsidiaries were mortgaged to Miracle Corporation, leaving only the parent company, Samsung C&T.

Fortunately, Samsung C&T shares were registered under his name, so they couldn't use them as collateral.

“Father, I will take over as chairman.”

“Besides me, no one in the Li family is qualified to sit in this seat.”

"And I am the general manager of Samsung Department Store, Samsung Motors, Samsung Financial, Samsung Securities, and Samsung Logistics."

Princess Lee Boo-jin looked at her two younger brothers kneeling on the ground and made a suggestion to Samsung Chairman Lee Geon-hee.

She mentioned so many general manager positions because she wanted to tell her father.

The Li family now belongs to her, and she belongs to the man behind her, Ni Yongjun.

So let's be straightforward and pass the presidency to her.

That way, everyone's reputation will be better.

Otherwise, if things escalate to the point of becoming a major public issue, that would be undesirable.

"You want to inherit the Li family?"

"You want to inherit Samsung?"

"After you inherit the throne, will you let your two good-for-nothing brothers off the hook?"

"After inheriting the family business, will you leave and go far away? Will you leave the Li family?"

When Samsung Chairman Lee Geon-hee heard what Princess Lee Boo-jin said, he thought for a moment and then asked her directly.

Succession within a conglomerate is crucial; mishandling it can lead to the destruction of the family and even death.

Therefore, he wanted to find out how Princess Lee Boo-jin planned to deal with her two good-for-nothing brothers after she inherited the throne.

Chapter 214 Then I will pass the chairmanship to Princess Lee Boo-jin.

Although the Li family does not currently hold the majority of shares.

However, because Samsung C&T is involved, it holds the position of the second-largest shareholder in every branch company.

So he wanted to ask Princess Lee Boo-jin how she would deal with the second shareholder if she became the chairperson.

After asking the first question, he asked the second one.

The issue is the fate of Princess Li Fuzhen.

Once she becomes the president, she will have to stay with the Li family, so what will happen to her in the future?

Should they leave with Ni Yongjun, or choose to stay with the Li family and remain at Samsung?

Princess Lee Boo-jin was shocked when she heard the two questions her father, Lee Geon-hee, asked, because she had never thought about them before.

So when she heard it, she didn't know how to answer for a moment.

Because the decision-making power over these two issues does not lie with her, but with the man behind her, Ni Yongjun.

So Princess Li Fuzhen turned around 193 degrees, looking at Ni Yongjun with a bewildered expression, hoping that Ni Yongjun could give her an answer.

"The first answer is that Lee Ka-sung will create a new fund and then put Samsung C&T shares into it."

"Then the two brothers stepped down from management and started living off dividends from the fund."

"My second answer is that Samsung will be managed by the eldest princess, Lee Boo-jin, from now on, and I will not participate in the management."

When Ni Yongjun saw that Princess Li Fuzhen had turned to look at him, he gave his answer directly.

Samsung Chairman Lee Geon-hee pondered for a moment after hearing what Ni Yongjun said.

He now knows that Ni Yongjun's ambitions lie not in Samsung or the Li family.

So I feel relieved that at least Ni Yongjun won't touch the Li family or Samsung.

Furthermore, it was promised that Samsung would be managed by Princess Lee Boo-jin from now on, meaning the Lee family would remain the nominal owners.

Furthermore, they promised not to touch the Li family members, but simply to let them leave the management team and live off their dividends.

"Okay."

"The son-in-law has already said so much."

“Then I will pass the chairmanship to Princess Lee Boo-jin.”

After seeing Ni Yongjun's promise, Samsung Chairman Lee Geon-hee readily spoke to Princess Lee Boo-jin and Ni Yongjun.

When Ni Yongjun heard this, he didn't react much because he knew Li Jianxi would make such a decision.

This decision also prevented him from taking action against the Li family.

If he doesn't pass the chairmanship to Princess Lee Boo-jin, he won't be polite.

They directly absorbed the shares, achieving 51% absolute control, and then forced Li Jianxi to exit at a loss.

But if things escalate to that point, it's not very dignified.

Normal inheritance now benefits everyone.

The Lee family is still the same Lee family, and Samsung is still the same Samsung.

However, a large portion of the money earned in the future will be given to Ni Yongjun's Miracle Company.

"Thank you, Father, for your understanding."

Princess Lee Boo-jin was thrilled to hear that her father, Lee Geon-hee, had finally passed the chairmanship of Samsung to her. She thanked him profusely.

Upon hearing this, Samsung Vice Chairman Lee Young-ki, who was kneeling on the ground, was completely stunned. He quickly got up and tried to persuade his father, Lee Geon-hee:

"Father, why did we give the chairmanship to my eldest sister?"

"You know, she's a woman."

"Won't the children we have in the future have the surname Li?"

Samsung Vice Chairman Lee Young-ki tried to persuade his father, Lee Geon-hee, while shaking his father's body to try and bring him back to his senses.

Don't pass the chairmanship to Princess Lee Boo-jin. Although we've lost the largest shareholder, we still have the second largest shareholder.

The Li family can still fight back; they can at least take back one or two branch companies.

Instead of handing over all companies to Princess Lee Boo-jin for management.

Chapter 215 How could you be so stupid? Did you really think Ni Yongjun was a kind person?

"yes."

"We're still here."

"We'll take care of you until the end."

When Lee Dong-ki of Samsung Financial saw his second brother, Lee Young-ki, say this, he quickly stood up and tried to persuade his father, Lee Geon-hee.

If what Lee Geon-hee's father said is true, then the Lee family is out of Samsung.

Moreover, they were completely eliminated; the three of them left Samsung permanently.

Although they receive dividends from the new fund every month, they have become useless people with nothing to do.

Who would want to continue living like this? So he and his second brother tried to persuade their father, Li Jianxi.

"Don't you understand yet?"

"The business world is like a battlefield - and we have already lost."

"And it was a complete and utter defeat."

When Samsung Chairman Lee Geon-hee saw his eldest son Lee Young-ki and youngest son Lee Dong-ki come over to persuade him, he anxiously asked them in return.

He had already reached an agreement with his son-in-law, Ni Yongjun, to make a peaceful and dignified handover.

If this commotion causes their son-in-law, Ni Yongjun, to misunderstand and go back to continue absorbing shares, then they will be unable to hand over the reins gracefully.

What's the point of fighting until everyone's bloodied and battered?

And it was the Li family that suffered the most severe head injuries.

Because at most, son-in-law Ni Yongjun would lose some money, but after acquiring a 50% controlling stake, they would have to exit at a loss.

So, in the end, it was definitely the son-in-law, Ni Yongjun, who profited.

They will only suffer even greater losses.

"How did we lose?"

Samsung C&T is still the second largest shareholder of all its subsidiaries.

"We're the second-largest shareholder, why should we be forced out?"

When Samsung Vice Chairman Lee Young-ki heard his father, Lee Geon-hee, say this, he asked in bewilderment.

"Yes."

“We can mortgage Samsung C&T, return the money to Miracle Corporation, and then get back the mortgaged Samsung Financial shares.”

"We should save as many companies as possible; how can we let them all go out of business?"

Upon hearing his second brother Lee Young-ki's words, Lee Dong-ki of Samsung Financial Group immediately tried to persuade his father, Lee Geon-hee.

"How could you be so stupid?"

"Do you really think Ni Yongjun is a kind person?"

"Won't he retaliate? Won't he attract stocks to kick us out?"

"What's the use of getting Samsung Financial shares? With the stock market crashing like this, isn't this just giving Ni Yongjun an opportunity to make his move?"