Becoming a Russian Oligarch After Rebirth
Chapter 1217 - 1008: Gradually Decentralizing Power_2

Chapter 1217: Chapter 1008: Gradually Decentralizing Power_2

"By then, I might as well just set up a family scholarship fund!"

"I’ll throw in a few million, and the expenses for the children from both your mom’s and my side of the family to attend college or study abroad will come directly from the fund."

"However, to avoid any trouble, those wishing to apply for the scholarship must meet certain criteria. We wouldn’t want the kids squandering the money away. They need to feel a bit of pressure."

"For instance, the funding isn’t just handed out; it’s an interest-free loan that they must gradually repay once they’ve graduated and started working..."

The old man’s ideas were clearly flowing, and he spoke nonstop about how to establish the family scholarship fund.

Wang Ye was patient and helped his father brainstorm.

For example, determining which relatives’ children could apply.

Another thing was to eliminate "Moscow" from the list of study abroad destinations. Otherwise, why even establish the scholarship fund...

Additionally, after receiving the scholarship, one must report their academic performance every year to prevent those cousins from misusing the money!

After hanging up the phone, Wang Ye felt a bit emotional.

The changes in his own life were beyond words, a complete transformation!

Apart from himself, many people around him were influenced, and their fates changed as well.

Most of them for the better, although a rare few were worse off...

In his previous life, most of his cousins were fairly ordinary, attending average universities, or not even managing to get into university at all.

Then they found ordinary jobs, scattered across the country, and gradually, everyone lost touch.

But now, with the establishment of the family scholarship fund, his cousins would undoubtedly benefit immensely.

Perhaps in a few years, some of them would stand out.

Wang Ye didn’t know which cousin would become the most outstanding.

Perhaps those who were mediocre in the previous life, now given the opportunity to study abroad, might shine brilliantly.

And those who were doing quite well in the previous life might, after receiving even better opportunities this time, fail to appreciate them and end up not doing as well as before.

These things are hard to predict.

But all this was irrelevant to Wang Ye. He couldn’t possibly keep track of everyone’s development; providing better opportunities for the people close to him was already challenging enough.

Whether others could seize these opportunities to create a better future for themselves was up to them...

...

On January 25, Wang Ye personally chaired a high-level management meeting at New Sun Group.

In the last two years, he had rarely visited New Sun Group, as this company was almost the smallest in size among the many industries under Wang Ye’s control.

It simply couldn’t be compared with Yukos Group, Russian Gas Industry, United Airlines, or the gold and coal mine investment company.

Even Xiao Ying Group, whether in terms of revenue or profit, was far ahead of New Sun Group.

This time, he personally convened a high-level management meeting to make an announcement.

It was the familiar Little Red Building. As Wang Ye’s motorcade arrived downstairs, he got out of the car, looked up at the slightly old-looking Little Red Building, and couldn’t help but be flooded with emotions.

In this life, his real career began right here.

A few years ago, on that day when he and Khodorkovsky first met, it was just supposed to be about signing a contract to purchase a shop.

But fate intervened, and during an assassination attempt, Wang Ye risked his life to save him, leading to Khodorkovsky’s gratitude and reciprocation afterward...

It was because of this connection with Khodorkovsky that Wang Ye had today’s status and career!

Otherwise, he might still be quite wealthy, but at most he would just be a billionaire, insignificant both in Moscow and back home...

Lost in his thoughts, he saw a round "meatball" rolling out from the Little Red Building.

Wang Ye immediately smiled upon seeing him—it was his old acquaintance, Big Head Kong!

It had been a while since they last met, and the guy had gotten even fatter...

From a distance, Big Head Kong’s laughter blossomed across his face, his already small eyes completely invisible.

"Chairman Mikhail, welcome, welcome. Everyone is waiting in the Meeting Room..."

It was evident that Big Head Kong had been living comfortably over the years.

He too was a shareholder of New Sun Group, and although his shares were not numerous, the development of New Sun Group had been quite rapid in recent years, and profits had been climbing year by year. Just from the annual dividends alone, Big Head Kong had made a fortune.

The title of "the richest Chinese man in Russia" was indeed well-deserved!

Wang Ye shook hands with Big Head Kong, smiling, and patted his shoulder as he said,

"I have reviewed the financial statements submitted by the Group, this year’s performance is quite impressive, you all have worked hard."

Big Head Kong quickly nodded and bowed as he replied, "Not hard, not hard, this is all it should be. Although you, Chairman, don’t come to the company often, the company’s smooth development all relies on your care."

These words weren’t just flattery.

Before Wang Ye took over New Sun Group, there were several companies operating in the Wholesale Market and they were competing fiercely with each other.

They even resorted to various means, causing Khodorkovsky to almost face disaster, which shows how intense the competition was back then!

But since Wang Ye took over, he had successively swept away various competitors and completely monopolized the large-scale Wholesale and Distribution Market in Russia, and even introduced a series of favorable policies.

From Customs Clearance, transportation, tax declaration, to currency exchange, all aspects had been regularized and legalized.

This resolved the gray customs clearance issue that had been most worrisome for foreign, especially Chinese, businessmen in the past.

It was from then on that the Wholesale Market began to expand rapidly in size and influence, attracting more and more powerful Chinese businessmen to do business.

To say that no one was envious of such a money-making tree was definitely unrealistic.

But over the years, Wang Ye had also been rising meteorically in the political arena, holding a high position, which made many potential competitors back off.

Because whether overt or covert, legal or illegal, they just couldn’t compete with Wang Ye...

Thus, Big Head Kong said that although Wang Ye was not in the company, the company’s smooth development was absolutely inseparable from his care!

This was influence!

......

Without much idle talk, accompanied by Big Head Kong, Wang Ye arrived at the large Meeting Room.

The Executives of New Sun Group had already gathered and were waiting there.

On seeing Wang Ye push open the door and walk in, everyone immediately stood up and rushed to greet and speak to Wang Ye.

Wang Ye nodded with a smile and went straight to the innermost end of the long conference table.

This position was the seat of honor. If Wang Ye came for a meeting, he sat there; when he was not present, no one among the Group Executives would take that seat during their meetings.

After sitting down, Wang Ye looked around, most of the people he did not recognize.

However, Ruan Xiaozhu on his left hand, Big Head Kong and Zhang Guangming on his right, were people he was more familiar with.

Today’s meeting was primarily about human resources adjustments, that is, Wang Ye intended to make some changes to the management of New Sun Group.

Mainly because he felt that it was unnecessary to hold the President’s position when he rarely came here, which also caused many group affairs to require his signature as president; however, Wang Ye being too busy meant many documents were delayed on his desk for days without processing.

Although some matters were quite urgent and important for New Sun Group, they obviously weren’t that important to Wang Ye...

The reason he hadn’t given up the position before was that there had been no suitable candidates.

But after two years of grooming, Wang Ye believed it was time to let go of the position...

In fact, not just in New Sun Group, but in several other companies, he also planned to relinquish the roles of General Manager or President at the appropriate time, retaining only the role of Chairman or major shareholder.

He would no longer interfere in the specific management of each group, gradually beginning to delegate authority!

......

"For the better development of the Group, I have personally decided to resign from the President’s role and retain only the role of Chairman. As for the new President, I believe Ruan Xiaozhu is quite suitable. Does anyone have any objections?"

Wang Ye said cheerfully.

Clearly, no one in the Meeting Room had any objections. Everyone expressed their agreement, hailing the Chairman as wise...