Damn, How could my family be so wealthy?
Chapter 122 - 121 Confidential Source of Information

Chapter 122: Chapter 121 Confidential Source of Information

"So, how much do you want to borrow this time?"

The family of three settled on the couch, and Su Ruizhi began.

Last time, Xiao Mu had borrowed a billion from him for stock trading and had repaid it within a few days.

Su Ruizhi figured the brat would probably ask for more this time.

"Ten billion."

Su Mu was straightforward and got right to the point.

"Ten billion? What do you need so much money for?"

Su Ruizhi was slightly shocked; ten billion wasn’t a lot for the Su Family.

But Su Mu was just a recent high school graduate.

Su Ruizhi couldn’t understand what his son would do with so much money.

"I want to buy a piece of land."

Su Mu hadn’t planned on keeping it a secret from his parents and revealed his intentions openly.

"Buy land?"

"Yes."

Su Mu stood up and grabbed the laptop from his father’s office desk.

He pulled up the map of Huadong City, and using the information just provided by the system, he marked a large empty plot of land.

Although it had not been formally developed,

Su Mu knew a bit about the current real estate market.

After all, housing prices, climbing higher every year, sufficiently illustrated the value of land.

It was also while the application plan for Subway Line 5 had not yet been approved.

Su Mu estimated, that for such a large plot of vacant land, around ten billion would be enough to acquire it.

By next Wednesday, once the higher authorities’ approval came through, Su Mu was confident—

That it wouldn’t be just ten billion anymore; even twenty billion wouldn’t secure that plot of land.

"It’s this piece here."

Su Mu circled the area with the mouse to show his father exactly which plot he was referring to.

"This place?"

Su Ruizhi was somewhat unsettled.

This area hadn’t undergone development, and currently, there was no news about plans to develop it.

If Xiao Mu bought such a large tract of vacant land, Su Ruizhi felt there wouldn’t be much room for appreciation in the short term.

It wasn’t that the Su Family Business Group couldn’t afford ten billion; it was more that Su Ruizhi wondered whether buying such an extensive plot was a bit of a waste of resources.

"Xiao Mu, are you sure?"

Su Ruizhi couldn’t help but take another look at his son.

His son’s stock trading venture had already given Su Ruizhi a significant jolt.

He wondered whether this was a whim of Xiao Mu’s, or if the kid had spotted some business opportunity.

"Yes, Dad, have you heard that Huadong City has already applied to build the Subway Line 5?"

"An application to build Subway Line 5? That news has been around for a while."

"But no information has come out about the specific location where it will be built."

Su Ruizhi thought for a moment; the news of the application to build Subway Line 5 had been circulating for some time.

Whether that application would be approved was still uncertain, and no information was solidified regarding the specific location for the construction.

Everyone was in a waiting phase.

The moment the application was approved, and the authorities confirmed the plans, Su Ruizhi knew the construction industry would once again surge.

"Dad, what if I told you that the application for Subway Line 5 is about to be approved and it will be exactly in that area I just highlighted?"

Su Mu looked seriously at Su Ruizhi.

Su Mu was buying a piece of land as an individual.

To realize greater profits, Su Mu knew the Su Family Business Group needed to step in.

After all, that area was not just any vacant land.

Su Mu had only picked the most central plot of land.

By then, even if the Su Family Group did not make a move,

whichever company got the other pieces of land would have to come and buy the plot Su Mu held.

After all, you can’t just ignore the center and develop towards the outskirts, can you?

"Xiao Mu, do you know something insider?"

"That shouldn’t be possible, should it? Once that kind of news is confirmed, I’d definitely hear about it."

"It doesn’t make sense that you know and I have no clue at all."

Su Ruizhi initially thought his son must have had some insider information to be so certain.

But without needing Su Mu to say anything, Su Ruizhi himself dismissed the thought.

Su Mu was just a student, and Su Ruizhi knew it was impossible for him to reach that far.

The most important point was, according to Su Mu, the plan had not yet been approved.

So there was no question of any insider information.

"Dad, my source of information is confidential."

"However, the company could consider buying some land."

"With the real estate industry being so hot, even if you buy extra plots and just leave them there, you’ll definitely not suffer any loss ."

Su Mu couldn’t reveal anything about the system, so he spoke somewhat ambiguously.

"Forget it, the Su Family Group’s current priority is the IPO."

"I won’t get involved in such trivial matters."

"Later, I’ll have finance transfer ten billion to you, and you can play around with it however you want."

"Just one thing, Xiao Mu, remember that you can’t do anything illegal."

"Also, if that ten billion is gone, you’d better behave yourself during the next four years of college."

"After graduation, come and take over my position. I’m planning to travel around the world with your mother."

Su Ruizhi waved his hand magnanimously, and the deal for ten billion was settled just like that.

"Dad, you’d better get ready then. Without ten or eight years, I guess it would be tough to realize that dream."

Su Mu thought his dad’s plan was a bit too idealistic.

To take over the Su Family Group right after graduating from college?

Dad was trying to trap him with ten billion.

Su Mu felt that his dad was underestimating him.

Could he really fritter away ten billion?

With the system in place, Su Mu thought that would be the harder task to accomplish.

"You kid, confidence is good, but don’t be too blindly overconfident,"

Su Ruizhi ultimately didn’t want to discourage his son too much, and casually reminded Su Mu.

"Got it, Dad, you can relax."

"You’ll have to occupy the chairman’s position of the Su Family Group for a few more years."

With the matter settled, Su Mu was in the mood to crack a joke.

As for his dad not wanting to be involved in this matter, Su Mu didn’t mind.

After all, to expect his dad to invest based on just a few words from him was indeed a bit unrealistic.

"Dad, Mom, I’d like to visit Wudong City and Haijiang City in a few days."

"And incidentally, take a look at Z University and S University."

Having resolved the big issue of money, Su Mu brought up the original purpose of his visit.

"Z University and S University?"

"Right, Xiao Mu will soon have to fill in his college choices, how could I forget such an important matter?"

Upon hearing her son mention the two most famous universities in the country, Bai Xiuping suddenly remembered that Xiao Mu’s college preferences were yet to be determined.

After Su Mu’s identity was revealed, Bai Xiuping had been busy with Su Ruizhi preparing for the Su Family Group’s IPO.

Plus, given Su Mu’s excellent performance in his college entrance exams, Bai Xiuping naturally didn’t worry about his college admissions.

But when it came to which university Su Mu would actually attend, Bai Xiuping really hadn’t considered it.