Tao Liangchen

Chapter 259 The Millennium Bet

The three members of the family left the Taiping Pavilion and walked outside.

Su’s father cared a lot about the equity transfer. However, there was only one child in the family, and it was only a matter of time before the transition to Su Yehao, which he was happy to see.

After all, when her shareholding ratio decreased, Su’s father would become the nominal major shareholder of Sihai International Group.

It was just a matter of passing it from the left hand to the right hand within the family. It just sounded better to say. After years of struggling with the label of “gold digger,” he still hadn’t been able to shake it off, even after developing Sihai International into what it was today.

When people outside mentioned Sihai International, they often talked about how the major shareholder, "Tang Jiayu," was this and that, while he, Su Sihai, had become a supporting character. This situation became even more obvious after the news of the couple's separation spread.

If Tang’s mother “donated” 20% of the shares to the family charitable trust fund, the nominal shareholding would be reduced accordingly. At that time, Su’s father would indeed be the major shareholder of Sihai International.

The issues involved here also included corporate decision-making power.

After losing 20%, the couple would have similar say, and Su Yehao's decision would seem very important. Whichever side he stood on, that side would be able to control management.

Of course, it mainly depended on how the articles of association of the family charitable trust fund were stipulated at the time of donation. Examples of separation of equity and decision-making power were not uncommon.

Su’s father probed and asked, "The equity of Sihai International is in your hands, so think carefully when making decisions. But on the side of the Earl Medical Group, will your dad and sister have any objections?"

"The old man has been hospitalized twice in three years. He divided up the family property last September. I got one share, my sister got one share, and the remaining share was given to Xiao Hao. These 20% of the shares were given to him by the old man, but considering the issue of inheritance tax and gift tax, there was no actual operation, and I will temporarily manage them on his behalf."

"..."

"..."

After Tang’s mother finished speaking, the father and son were collectively dumbfounded.

Su Yehao had met his grandfather a few times, but he was completely unaware of this matter. He was very surprised to suddenly learn that the family property had been divided up privately a few months ago.

His father smiled wryly and said, "Indeed, there has always been news that inheritance tax would be abolished, but there has been no movement. Establishing a charitable foundation abroad can save a lot of money. No wonder you want to donate it. Such a big thing, how come I never heard you mention it?"

Su Yehao's mother continued to give him a bad look and asked, "Just got dumped, and now you're family again? Who are you? Why should I tell you?"

Looking awkward, Su’s father scratched his face and said, "I just asked casually. I just feel that if I suddenly give this little brat a large sum of assets, he will definitely take it to mortgage loans without saying a word..."

Actually.

Su Yehao did have this plan, and he had even figured out how to allocate it.

40% would be used to increase holdings of Yahoo stock, 20% would be used to invest in Amazon, and the remaining 40% would be kept in hand to find projects, mainly for investing in projects in the mainland, including private equity investment and real estate.

In that case, it would be no problem to retire on the spot directly.

Although he could retire now, he still hadn’t satisfied his appetite. The funds in his hand had never been able to meet his needs, and there were too many places he wanted to invest.

"Hey, hey, hey, we're talking about you being dumped by the Fourth Mistress, don't suddenly shift the focus!" Su Yehao felt a little guilty and was now trying to forcibly pull the topic back to his father.

His mother didn't take the bait. After hesitating for a few seconds, she nodded and said, "It seems like it was a bit hasty. At worst, I'll temporarily manage the charitable foundation first, and then hand over the management rights when the time is right in the future."

Su’s father echoed:

"Yes, a dog that bites doesn't bark. Before I knew it, he owed the bank more than 800 million. If I hadn't had dinner with people from Dai-Ichi Kangyo Bank last time, I wouldn't have known about it."

"You see how much money I owe, why don't you look at how many assets I have? I've been making money all the time, and the profit margin is so high!"

Ordinary people don't need to know too much about family charitable trust funds. Even small rich people with tens of millions of dollars don't need to get involved.

However, for situations like the Su family, it is very important and can realize the long-term continuation of wealth.

Su Yehao knew how much was at stake in whether he could obtain actual control. He said angrily, "Why are you so unconfident in me? As long as you give me this asset to manage, I am confident that I can become the richest man in Hong Kong within five years, and maybe even the richest man in Asia."

"...After hearing what you said, I dare not let you be in charge even more." Tang’s mother laughed.

"Right? This kid is unreliable. He used to spend a little pocket money on eating and drinking, but that was when I was the most worry-free. Now it's different. It's okay when things are going smoothly, but if he encounters a little trouble, it will definitely be a big problem."

A certain Su surnamed old man who kept flattering, added insult to injury.

Su Yehao was almost driven mad. He was beaten twice again, and finally sighed:

"Dare you gamble? Each of you write a management plan and agree on a time to open it in the future. It's like a time capsule. Then we'll compare and see whose plan makes more money. Then you'll know what you missed. At least it will delay me for two or three years."

"20% of the shares of Sihai International, plus 20% of the shares of Earl Medical Group, will be worth at least 1.6 to 1.7 billion Hong Kong dollars if they are listed. And you say it will only delay you for two or three years? As expected, you are young and vigorous, and your tone is really not small. Since you want to gamble, then let's gamble. What do we gamble on?"

It was Su’s father who was speaking.

Tang’s mother naturally knew the role of the time capsule that would be opened in the future. She didn't care about her son's objections at all. She just smiled and said:

"Okay, whoever wins gets... 10 million? I happen to have a good idea to make money. The advantage of a charitable trust is that it is stable and safe. The idea of ​​always pursuing high returns is wrong. Xiao Hao, you are too bold and too ambitious."

"Being bold is because I have confidence. 10 million Hong Kong dollars each, right? Although it's not much, it's enough to supplement the family."

As soon as Su Yehao finished speaking, his father smacked his lips and said, "So arrogant. If you weren't my son, I would want to beat you..."

Treating it as fun, after getting paper and pens, each wrote a plan.

The family didn't look at each other's management plans. They temporarily bought a piggy bank, put it in, and let Tang’s mother take it home to keep it safe until the evening of the millennium before opening it and calculating the respective incomes according to the three plans.

The actual management rights of the family charitable trust fund were probably out of Su Yehao's reach. His parents did not dare to let him manage it.

It's not good to be too aggressive or too rash.

Seeing his son sighing and looking like his soul was out of his body, his mother said with a smile, "What's wrong, do you want to be in charge? Otherwise, after this jar is opened, as long as you can prove that you can make a profit, I will transfer the management rights to you. What do you think? By then, you should be grown up and more mature."

"...I'm already grown up. When the jar is opened in the future, see how you two will feel the pain."

If it weren't for this, it would have been fine, but it happened that it was originally planned to let Su Yehao manage it, and the duck that was about to reach his mouth flew away, so he inevitably felt a sense of loss in his heart.

Su Yehao's plan was very simple: borrow 1 billion Hong Kong dollars and bet it all on Yahoo!

Considering that Yahoo's total market value was only more than 3 billion U.S. dollars, and there was still plenty of room for growth, the question was how much could he earn by the time the millennium arrived.

Looking listlessly at his mother, Su Yehao stretched and perked up and said, "By then, I probably won't be short of money anymore. Let those old rich people stay on the list for a while longer."

He was handsome for less than three seconds.

His father patted Su Yehao on the back of the head and scolded with a smile, "Who are you calling old? I feel like you're targeting me..."