I Became a Scoundrel From a Wealthy Family 84

## Chapter 84 – 09. Militaries

+++

– Good morning, viewers. Real Production, which we reported on yesterday, started the morning on a grim note, plummeting 10% immediately after the market opened.

It was inevitable.
Real Production, which had already crashed 61% yesterday, took another -10% hit as soon as trading began today.

Shares were being dumped as fast as they could be sold, and any news or newspapers even remotely related to finance were plastered with the story all day long.

Some outlets had already scheduled special reports.
That’s how devastating the impact was.

‘I shorted 14 trillion won on top of the 2.8 trillion won I sold, and the stock still went up. So, the total capital invested in it must be…’

It was an absolutely staggering amount.

What made it even more tragic was that most of the money invested was flight capital.
The stock prices of agencies that had been exposed for offering sexual favors, and the funds from the collapsing entertainment sector, had all flowed into Real Production.

But now Real Production was collapsing too?

Those who had fled to Real Production to escape the failing entertainment industry were now suffering a double blow.

“Okay, sign here.”
“…”

Regardless, I had my own work to do.
I was putting into action what I had planned last Saturday.

“M-my company…”

Emilia signed with tears in her eyes.
The Rainbow Miracle acquisition agreement.

After paying her a substantial sum to acquire all ownership of Rainbow Miracle, I planned to reappoint her as CEO of Rainbow Miracle and Deputy CEO of Korea Entertainment.

When you think about it, she was getting money and keeping her position, so why was she making such a face?
It was absurd.

“Hey. I’m giving you 50 billion won, what’s the problem? You know your company isn’t worth that much, right? I’m adding that much because you’re my fucktoy. And you get to keep working.”
“Ugh… Still, people have emotional issues…”

Emilia whined but finished stamping the document.
It was the first step in Rainbow Miracle becoming my property, or more precisely, the property of Korea Entertainment.

Well, it would take a few months to complete the process.
But the most important thing, the mutual agreement, was done, so we were more than halfway there.

The hardest part is always the agreement process.

I signed and stamped as well.
And after a long time, I took Emilia to the CEO’s office and stamped her womb too.

If I want to raise my virility stat, I need to keep fucking. I have to be ready to bang at any moment.

After finishing my business at Rainbow Miracle, I looked around Ganghwa for a building to use as PMC’s office.

“Should I just build a group headquarters?”
“That wouldn’t be bad. You already have, or will have, five companies, Master.”

Korea Entertainment, Muyeol Finance, the unnamed PMC, Rainbow Miracle,
And even a corporation to operate and manage the prison, that makes five already.

“Oh, and you’re going to acquire an artificial island, right? Operating it as an individual would be difficult due to taxes and other regulations, so you’ll eventually have to operate it through a corporation.”
“Ugh. Those damn regulations.”
“Well, it’s such a large-scale project…”
“So that makes six?”
“You could just have Korea Entertainment own it. Or, since you’ll be mainly operating the prison, you could put it under that.”
“Then I should set it up in advance?”
“Well… You don’t have to, because the transfer of ownership will take some time. When you’re preparing the land acquisition plan and the prison construction plan, you can include the artificial island and apply for the Special Correctional Business Permit after the review, which will qualify you to establish a Special Correctional Corporation. The ownership transfer should be around that time, so you can register it with the Special Correctional Corporation then.”
“Too complicated, just take care of it.”

I roughly delegated it to Sua and drove around what was known as the mecca of K-Entertainment.

The towering buildings boasted their own grandeur, but there was a strange gloominess to them, and they didn’t seem to be in very good shape.
The people walking around also seemed to have lost hope.

“There must be a lot of buildings for sale, right?”
“Probably.”
“Building a new one would take too long, so let’s buy one. A building that can house Korea Entertainment, Rainbow Miracle, and PMC.”
“Yes.”

The prison management corporation would naturally be located on the artificial island, and the investment corporation would be placed in an area where I could negotiate with City Hall to minimize taxes and maximize benefits.

Ganghwa is a special economic zone, so there are various benefits, but the massive taxes that would be generated still make it unsuitable for an investment corporation that will be managing tens of trillions of won.

‘Ah. What if they were to redevelop a place like Namdong Industrial Complex…? I might be able to get zero taxes and various other benefits.’

Namdong Industrial Complex, overflowing with trashy, low-life scum.
The worst hellhole that can’t even be described as a crime-ridden area.

If I were to wipe this place clean and build company buildings, including the investment corporation, and create a commercial district, I might be able to get a lot of things.

I thought about it when I was considering a location for the prison, but I think it’s worth considering for the investment corporation as well.
Soon, Baekseol will be receiving her exclusive armor, and I’ll be hiring a large number of mercenaries.

“Sua, is Namdong Industrial Complex in Yeonsu-gu?”
“No, it’s in Namdong-gu.”
“Could I set up the investment corporation headquarters in Namdong Industrial Complex with a 0% corporate tax rate?”
“Well… We’d have to talk to them… Since it’s a neighborhood they’re abandoning anyway, it might be possible if we do it right? If you can get rid of all those gangs.”
“I want 0% corporate tax and construction cost support.”
“Wouldn’t it be better to buy the land first? If your plan works out, the land value will increase a lot, and it would be troublesome to acquire it then.”

That’s true.

“So, how much would it cost to buy all the land?”
“Just a moment.”

Sua tapped on her device.

“If we calculate at 100,000 won per pyeong, it would cost about 280 billion won.”
“…Isn’t that too expensive? For that abandoned land?”
“Of course, from the perspective of the people who own it, it’s unusable land, so they might be willing to sell it at a lower price. If we’re lucky, we might be able to get it for a few thousand or ten thousand won per pyeong? If you’re determined to develop this area, Master, it might be worth investing in.”
“Hmm.”

If I could acquire an entire area where a large industrial complex is located, 280 billion won would definitely be a cheap price, but
Considering the various after-effects….

‘No. Let’s think positively. I need a land base anyway. And the land value isn’t going to stay still, right? If it’s 280 billion won at 100,000 won per pyeong, that means it’ll be 28 trillion won if I just make it 10 million won per pyeong.’

And it’s questionable whether it would even cost 280 billion won to buy the shitty land in the first place.

‘I’m going to keep doing business anyway. And unless something really bad happens, my business won’t fail. If I hire employees and build houses and commercial buildings for them to live in…’

In the end, there’s only one calculation.
If I can get rid of all the surplus gangs in Namdong Industrial Complex, it’s unconditionally a win.

“Okay. Then buy the land first. Slowly, so the rumors don’t spread.”
“Yes, Master.”

1. Purchase all the land in Namdong Industrial Complex.
2. Negotiate with Namdong-gu to obtain various benefits.
3. Get rid of all the gangs in Namdong Industrial Complex.
4. Start development.

The Namdong Industrial Complex Development 4-Step Plan.
The specific blueprint needs to be studied further, but it won’t be a bad plan.

“Okay, that’s that. I need to buy a building too.”

Sua and I drove around Ganghwa, checking out buildings that were worth buying.
I plan to buy them if I think they’re worth it later, and then rent them out.

+++

After finishing the Ganghwa tour(?), I returned to the Korea Entertainment office.
It was quite late in the evening.

I finally checked the news.

– Real Production’s stock price closed at 34,900 won, down -75% from the previous day. It’s been a long time since we’ve seen a 90% drop in two days-,

“It just melted away. Like ice cream.”

Yesterday, I received a request to return the shares within two business days, but in just one day, 75% of the value melted away again, giving me a 90% profit.

And what about tomorrow?
If it melts another 70% or more, the stock price will be 1/30th of what it was.
That means 96% of the 14 trillion won I shorted will be my profit.

‘Please let it happen.’

I’m sorry to the investors, but
My money is more important to me.

And the next day, Thursday, October 22nd.

Around 1 PM, two hours before the market closed, Real Production’s stock price was 8,000 won.
It had dropped roughly 77% from the previous day.

“It’s back to its original value.”
“Yes. It will fall further, though.”

The fact that the CEO of Real Production had gone into hiding was a big factor.
People were saying he was a scammer, and some were even offering bounties.
It was just like the original story.

The only difference was that in the original story, the CEO probably siphoned off a lot of profits, but here, I sucked up 14 trillion won.
The CEO of Real Production might not have made much at all.

“That’s enough. Return the shares.”
“Yes.”

The price rose slightly in the process of buying back the shares, but it was a minor matter.
Sua paid back all the borrowed shares before the market closed, and about 16.2 trillion won, including the short selling profit of about 13.5 trillion won, was deposited into Korea Entertainment’s account.