chapter 45
family business
“You mean that you and Ivanka will be of great help to our father-in-law?”
“I wonder if Mr. Kushner’s intelligent and youthful image from Harvard and Ivanka’s sophisticated and more progressive image will complement Donald’s biased image. Of course, I think Mr. Kushner will play a big role in the election strategy.”
The fact that Jared’s father donated $3 million to Harvard after his father gave him $3 million and was able to get admission despite poor grades is not worth mentioning.
“Actually, Donald always asks for my opinion when there is something important.”
Jared nodded as if he liked Eugene’s candy cane.
Later, even after Donald Trump entered the White House, Jared Kushner struggled in many ways to show that he had so much influence over the president.
You want others to know that you are a powerful person.
“Sometimes I feel more like a son than Junior.”
In a way, Jared’s competitor will be Donald’s eldest son, Donald Trump Jr.
Both men followed their father to the White House, but Jared stood out.
During his presidency, Donald consistently showed confidence in his son-in-law.
“It seems like a natural thing to do. I could feel Jared’s smartness just by having a brief conversation. Even more so if it was Donald, who was always watching.”
One of the things I learned a lot while working for a large company is raising other people.
Also, while doing international work, meeting people from various countries and making connections, I realized that no one from any country hates compliments.
It may be hard to say that it is flattering, but in fact, it is a very important ability that acts as a lubricant in human relationships.
And the most important thing in praise is to catch the part that the other person is proud of.
“I think Donald will be very pleased if you tell me that you are sure of entering the White House.”
“Not only with Donald, but with Jared and Ivanka. Honestly, where in Washington can anyone trust? Everyone is just doing it for their own benefit.”
“That’s right. All of them know that they are the smartest.”
“If Donald goes into the White House, Jared and Ivanka will have to help. The only people in the world you can trust are your family.”
“If that ever happens, I will consider it.”
As he said that, Jared smiled happily.
“Now, let’s talk about the Fifth Avenue building again. Jared wants to renovate this building to increase its value, right?”
“It’s a great thing.”
“But the stake relationship is too complex, the costs are high, and you don’t know how the luxury condo market in Manhattan will change during the renovation period.”
“To be honest, there is no such thing. However, as there are risks, the rewards will be great. It could be a building worth as low as $8 billion. It will be the most valuable building in New York.”
“But not everyone is confident about investing.”
“A good thing always has a good owner.”
“I think there’s a good chance that Donald will be in the White House next year. Then it will be much easier to attract investment than it is now, right?”
“Isn’t that supposed to be the case?”
Jared said with a smile. Having said that Eugene is confident of Donald Trump’s entry into the White House, he’ll come to the conclusion that it’s only a matter of time before he invests in a Fifth Avenue building.
“Let’s say you get someone’s investment at that point. For example, the Qatar Investment Authority, or the billionaire in Saudi Arabia, or an insurance company in China. If so, how will the media report it? Will the United States and potential adversaries be bitten by large investments in the son-in-law’s building in order to build a good relationship with the next president of the United States?”
“Well… … .”
Jared didn’t answer for a moment.
“Donald is Ron Wolf. I’m just trying to slander and make fun of the Trump family, whether it’s the progressive or the conservative media.”
“I know you well. The American media is too biased. They are like scum who are busy biting themselves if they go against their will.”
“Would it be of any benefit to Donald to get such foreign investment?”
“But my building has nothing to do with Donald. And I have no intention of being dragged around by that messy media logic.”
To be honest, I have no intention of giving up my own interests.
The Trump family has always been like that.
What matters most to them is their own interests.
“I know. But will the media think so? And will it help the election? As you know, public officials’ conflicts of interest always have a big impact on elections.”
Jared once again spoke after a brief silence.
“like. Seeing you say that, you seem to be thinking of something.”
“I think Donald deserves to be president of the United States. But I don’t want to see such minor blemishes get in the way of elections. What’s more, it’s even more disappointing that Jared won’t be able to enter the White House with Donald.”
Eugene changed his posture and sat down.
“So, let me make a suggestion. They invest 400 million dollars in Jared’s 666 building. Then there will be no need to try to attract Arab or Chinese investment that Americans hate. And when the presidential election begins, I hand over the Kushner Company representative to other families so they don’t get bitten by the media. That will help both you and Donald.”
Of course, I didn’t think Jared would take Eugene’s advice.
Like Donald, Jared is a real entrepreneur full of greed.
But in the next year or so, things will change a lot.
The media will constantly bite Jared’s family company, and seeing what he sees will make him a little bit regretful for not following Eugene’s advice.
“It’s a very generous offer. Just like the last suggestion I made to Ivanka. Is there anything you would like us to do instead?”
Jared is a clever businessman.
Later, Saudi Arabia, Qatar, and the People’s Insurance, which served as a money wallet for the Chinese Communist Party, tried to attract investment, but they were also using their intentions to make their own ships.
“Sure. Instead of doing Jared and Ivanka a little favor, I want you to consider me a good friend.”
Eugene didn’t want to be seen as a good-natured person.
There are two kinds of people in the world. Someone who believes that people are good and wants to do others a favor, and someone who believes that everyone is only interested in their own interests.
A person who does not know how to give believes that the favor of others is always accompanied by certain conditions. just like himself.
Of course, the Trump family, including Jared, are on the latter side.
Therefore, it would be foolish to believe that Eugene’s favor would be taken purely.
Rather, it is better to be trusted by those who clearly exchange what they want.
“like. Don’t know about Donald, but I think Ivanka and I can be good friends with you.”
Perhaps he was happy that the investment in the building, which had been in trouble for nearly a decade, was finally resolved, Jared smiled the most that day and reached out to shake his hand.
“We will discuss the details of the investment later. First of all, tell me when Donald will announce his candidacy for president. It would be better to fix it before then.”
“Sure. It’s best to fix it before then.”
Jared seems to be thrilled with the idea of attracting investment quickly.
“ah! Still, it wouldn’t be a bad investment at all. I really believe the 5th Avenue building will be the most expensive building in New York once it is renovated.”
“I think so too. Investing in Ivanka’s fashion is no mere favor. I believe it will be of sufficient benefit to all of us.”
After some discussion, Eugene decided to sign a contract to receive 30% of the total stake in the building for $500 million.
Buying Jared’s favor for $500 million isn’t an expensive investment.
After Trump becomes president, he’ll get a lot smaller favors for a lot more money.
What’s more, 666 is really worth it if it’s properly renovated.
Of course, there is a question of whether development is really possible because the stakes are so messy.
Eugene was even thinking of buying a stake in the building from another investor, if necessary. It’s not bad to even buy Jared’s stake when Donald leaves the White House.
Wouldn’t it be nice to own a fancy building in the middle of New York?
“Dad wants to meet Eugene once. Can you spare some time?”
A few days later, Ivanka asked.
“Sure. If you invite me, I will visit you anytime. I’ve always wanted to see the Trump family’s wonderful penthouse.”
“Then how about dinner tonight?”
It seems that Donald’s declaration of candidacy for president is drawing near.
“Nice to meet you. A rich young man from Korea.”
Trump greeted Eugene with a big smile.
“I’ve wanted to meet Donald Trump for a long time. You are a lot younger and nicer than what you see on TV.”
“I heard about Eugene from Ivanka and Jared. He’s a lucky man.”
“That’s a wonderful expression. It would be better to pursue luck than to drive it around. It looks like you have found the right luck this time.”
“You said Jared said I was going to run for election?”
“Did everyone know that Donald has been looking for a chance to run for the past 20 years? An opportunity like this one will never come again.”
“That’s right. So, Eugene believes I can take over the White House?”
“I won the $200 million jackpot with a $1 lottery ticket, and I used that $200 million to make $10 billion in one year. And in the meantime, I found out. I mean, I really know where to walk to know where my luck is going. If I could bet all my money on the next election, I’d bet on Trump. Maybe 20 times more.”
In a poll released the day before, Trump failed to cross the 5% barrier.
“It would be a great bet. I love it. But that’s not how business works. Instead of betting your entire fortune, you should borrow money from the bank and bet on it. If the bet fails, the company goes bankrupt. Heh heh.”
Whether he was happy to assure his victory, which no one believed in, Trump taught him his business know-how.
“That’s right. I am learning a few things today.”
“Do you think the price I paid for my daughter and son-in-law was enough?”
“Sure. I will definitely try that next time.”
The position that started with appropriate compliments flowed amicably.
“Yeah, I heard you said that you were looking for a suitable investment place with the money you raised from derivatives?”
It seems that Trump had a different purpose for inviting Eugene.
“I’m on a pretty big deal right now, so I don’t have a lot of spare money. What’s more, we’re spending $500 million on Jared’s building.”
At Eugene’s words, Trump looks slightly disappointed.
“But, as Donald said, if you have a worthwhile investment, you can borrow money from others.”
“Five! You are a smart student.”
Donald laughed at this.
“I know of a few good real estate properties, would you like to invest with me?”
Donald is a real estate agent to the bone. Even on the presidency and in his presidency, Trump was busy exposing his real estate.
U.S. law is ridiculously strict with other high-ranking public officials, forcing them to either sell their stock or put them in a blank trust before entering office, but not on the president alone.
Of course, nevertheless, most president-elects have shown that they are on an equal footing with other public officials by selling stocks or placing trusts before inauguration.
But the heretic Trump had none of that.
It will be difficult to see a person who wielded the position of president as much as he did for his own personal gain, neither before nor after.
“There’s a nice piece of land on Long Island. It’s a very nice place with a sea view. I’m thinking of buying it this time and making it a Trump Country Club. They said Tiger Woods would take over the design.”
Trump was a man who loved golf clubs as much as buildings.
He already owns more than 10 golf courses around the world, and even after he became president, he opened a golf course in Dubai.
“And there’s a really nice hotel in Monte Carlo for sale, and it’s pretty good. It’s a luxury hotel with a large lot and a sea view, but it’s only $200 million.”
This… … Eugene knew that Trump was talking about a hotel that some footballer would buy with Trump.
And the soccer player will buy an apartment in the very Trump Tower where Eugene lives in about a month or so.
It seems that Trump is trying to throw the object at Eugene first.