Becoming a Russian Oligarch After Rebirth -
Chapter 1475 - 1137: Made Up My Mind_2
Chapter 1475: Chapter 1137: Made Up My Mind_2
When speaking of the development of Crimea, Angelina’s eyes lit up.
That was her hometown, and it was through her efforts that it had become so prosperous today!
Although the work had been hard over the years, watching her hometown improve day by day through her efforts was the best reward for Angelina.
Wang Ye listened to Angelina’s speech with a smile.
Perhaps when he first started investing in the Crimea Peninsula, his intentions weren’t so pure. Besides helping Angelina change her hometown, he also wanted to make it his "base of operations" to amass a significant amount of political capital!
Of course, he also aimed to earn a huge fortune...
Actually, these goals had already been achieved. The Crimea Investment Company had become the biggest "landlord" in Crimea. It could be said that it owned the land rights to most of the prime locations in Simferopol and Yalta.
Most of the office buildings, hotels, shopping centers, and resort towns there were also built by the Crimea Investment Company. Of course, some of them were joint ventures with outside capital to attract foreign investment; one can’t have their cake and eat it too.
By now, the exact value of the Crimea Investment Company was unclear to anyone!
Because many things were of immeasurable value and continued to appreciate...
Wang Ye couldn’t sell his shares in the Crimea Investment Company to anyone, so the exact worth didn’t matter much to him.
The next morning, Wang Ye and Angelina got up early and had breakfast together.
Then, before most of the Kremlin’s personnel got to work, they left the place. It wasn’t convenient for Wang Ye to see her off personally, so he had Nova do it instead.
The sisters also hadn’t seen each other for a long time and likely had much to catch up on.
Next, for Wang Ye, another busy day began...
...
Most guests who came for the inauguration ceremony had left, as everyone was busy and couldn’t stay long.
However, there was still an old acquaintance of Wang Ye’s who hadn’t left — Li Fuzhen!
She had come to Moscow using the opportunity of Wang Ye’s inauguration ceremony and then stayed for two more days under the guise of inspecting the investment environment in Moscow, with the true purpose of meeting Wang Ye privately.
Don’t misunderstand; her meeting with Wang Ye was not for romantic reasons, but because she really had important matters to discuss.
"My father’s health is failing, and it looks like we’re going to have to decide on the official heir to take control of the company soon. Right now, the majority supports my brother, and I can only muster about fifteen percent of the stock support," she said directly without beating around the bush as soon as they met.
Wang Ye frowned slightly; he wasn’t very familiar with the affairs at Samsung, not even in his past life had he had much interest in learning the specific details of the company, so he didn’t know exactly when Samsung changed its head.
Maybe, due to his presence, many things had changed this time around as well.
Since Li Fuzhen mentioned her father was really unwell, it was truly the case. It seems that matters at her end needed to be dealt with sooner rather than later.
So, he asked gravely, "What kind of help do you need from me?"
Helping Li Fuzhen wasn’t a difficult task for Wang Ye. If he could control the Samsung Group through her, it would benefit his future plans.
Li Fuzhen hesitated a bit. When faced with difficulties, her first reaction was to seek Wang Ye’s help.
However, exactly how to proceed and what kind of help she needed from Wang Ye, she wasn’t entirely sure; maybe she just wasn’t ready to make that decision yet...
To defeat a competitor, the most direct and effective method would be to eliminate him on a "physical level"!
But, that was her own full brother after all, and Li Fuzhen couldn’t bring herself to take such drastic measures...
Seeing her reaction, Wang Ye roughly guessed her thoughts and said with a smile:
"What’s the market value of Samsung Group now?"
"One hundred and ten billion US dollars," Li Fuzhen blurted out.
That’s a really high market value!
In 2009, a company with a market value of over one hundred billion US dollars was definitely one of the global giants!
But it’s also quite normal, as Samsung has long been a behemoth, supposedly accounting for about a quarter of South Korea’s GDP, which is truly outrageous.
Wang Ye thought for a moment and then asked, "Who are the top shareholders of your company? Oh, I mean the actual shareholders, not those listed in public financial statements."
According to the financial statements, the Li family only holds less than 3% of Samsung Group’s shares!
That was obviously unreasonable and unrealistic.
Wang Ye was aware that most of Samsung Group’s shares should now be in the hands of Wall Street Capital, but it was impossible for the Li family to hold only a pathetic less than 3%.
Of course, through settings like the so-called AB architecture, the Li family had always firmly controlled the actual control of Samsung Group.
What Wang Ye wanted to know now was exactly how much of the shares the Li family held.
Li Fuzhen thought for a moment before answering cautiously, "It should be around 30%, including those held directly or indirectly by holding companies; the rest are controlled by large foreign investment companies."
Wang Ye nodded; that certainly made sense, it was normal for the Li family to control 30% of Samsung Group.
But that made things a bit tricky.
Originally, Wang Ye planned to support Li Fuzhen by acquiring shares of Samsung Group held by some capitals in Wall Street.
However, since the Li family actually controlled a substantial portion, that strategy probably wouldn’t be very useful.
Even if one could obtain nearly or even more than 50% of the shares, it might not be possible to control the situation in the Samsung board of directors, because the equity structure was different; with the same shares, others might have more say!
Wang Ye spread his hands in resignation and said, "I’m not a god, not everything can be achieved. Since you feel uncomfortable using some of the methods, I can’t think of a better way for now. Why not try harder in front of your father and gain his trust? That would be the simplest and most feasible solution."
Indeed, even sitting in his current position, Wang Ye could not do whatever he desired, let alone that Samsung was not within Russia. It was quite challenging for Wang Ye to extend his influence there...
Li Fuzhen’s expression was somber. She clenched her teeth, and her chest heaved heavily, apparently making some kind of decision.
Without making Wang Ye wait too long, Li Fuzhen seemed to have made up her mind, looked up at Wang Ye, and said in a lowered voice, "Then... let’s use the most direct method!"
Before Wang Ye could respond, Li Fuzhen hurriedly added, "It would be best if his life could be spared. Just incapacitating him from succeeding is enough."
It seemed she wasn’t completely heartless; she still remembered to spare her brother’s life. Who knows whether her brother would be grateful when he finds out about this...
Wang Ye gave a faint smile and casually responded, "Alright then, since you’ve made up your mind, let’s do it that way. I’ll arrange for someone to coordinate with you later, and others will handle the subsequent matters. Just wait for the news."
Truth be told, such matters were actually the simplest for Wang Ye.
Even though Li Fuzhen’s brother, as a successor to a wealthy family, was always surrounded by bodyguards, it was really useless. Wang Ye didn’t even need to deploy real "experts," just letting the professionals from Wagner handle it was sufficient.
And Wagner was quite "proficient" in handling this sort of thing...
Li Fuzhen left Moscow content, and it probably wouldn’t take long for good news to arrive from there.
However, Wang Ye couldn’t be bothered to worry about such trifles anymore, because up next were the major matters of the Duma elections and forming the new cabinet.
Only by systematically implementing these two major tasks according to the plan would the situation truly stabilize...
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