Fund issuance
Thus, the enthusiasm for employment in the United States, which initially started among developers, gradually spread to other fields.
– Did I see the announcement this time? Chairman Kang said the New York investment company plans to hire more than 1,000 people in Korea alone.
– Now our school students are outraged. In particular, students who go to business are waiting for the next announcement.
– They said the minimum salary for a new Wall Street job is $100,000. Like me, I support and see.
– Taxes are high in the US, and rent in New York is expensive, so it doesn’t mean much.
– If it doesn’t make sense, don’t go either. There are always people who talk a lot without the ability. Chairman Kang, I work for an investment company, is the monthly rent a problem?
Current students as well as those who are already working showed interest in the announcement from Eugene’s company.
This is because Eugene said in an interview that he plans to accept many people from various fields in the future.
And Eugene didn’t just stop making announcements.
It was followed by an announcement that it had signed sponsorships with 10 universities nationwide, including Seoul.
From the second year, students are taught various ways to get a job in major American companies, and in the third year, they will even provide an opportunity to get a job as an intern at an American company for a certain period of time.
This is because major US companies take the internship system very seriously.
Of course, Eugene decided to bear all the expenses.
– He said that our university is also included. I never thought that a local university would be so helpful.
– We can already hear the increase in enrollment at our school next year.
– Chairman Kang said that the security is really boosted.
– Including our school. Oh, are you really working for an American company?
– It would be better than going to a large Korean company.
– What if our school is not included? I’m in 3rd year, should I change schools now?
– Maybe that’s better.
Eugene’s actions were now having an impact on college entrance exams.
Interest in the 10 colleges he selected was growing, and from high school students to parents, schools that did not receive sponsorship were considered as places they did not want to attend, and their interest was fading away.
Of course, there were voices of dissatisfaction among the students and graduates of such marginalized schools, but the trend has already passed to the 10 universities that Eugene chose.
In addition, when it was announced that an additional program for graduates was being prepared, everyone’s expectations only increased.
“It was only then that the presidential election completely crossed the waters.”
“That’s it. I don’t think there’s ever been an election that wasn’t as interesting as this one.”
The presidential election, which comes once every five years, is the biggest event in Korea.
In the months leading up to the election, interest in the presidential election draws all attention.
No matter what happens, they make it relevant to the election, and sometimes the news doesn’t cover anything that has nothing to do with it.
But this election was very special. Election is less than a month away, but people are no longer interested in the election.
Of course, they will retain their support for the candidate they have envisioned.
But no matter what the presidential candidates said, the attention of the voters was focused on Eugene on the other side of the Pacific Ocean.
“A change of government seems to be unreasonable.”
“I have to aim for the next election.”
“In order to win next time, we need to catch Chairman Kang’s heart above all else.”
“Right. From now on, we need to further strengthen our network with Chairman Kang. Senator Kang, let’s do it right.”
In the opposition party, the movement of lawmakers to give up this election and prepare for the next parliamentary election was already wriggling.
Politicians are more sensitive to the flow of public opinion than anyone else in the world. They knew that it was impossible to go against the trend now.
Of course, it’s absurd as a party to the election, but for lawmakers, it was far more important for lawmakers to keep their place in the next election than for a Sudanese candidate to become president.
– Thanks to Chairman Kang, Korea’s economy is booming, and young people who could not find a job in Korea are getting a job in the United States, so there is no patriotism like this in the world.
– After the talk of getting a job in the US, talk of a salary increase started coming out. If the number of people working in the United States in earnest increases, ours will still rise quite a bit.
Public opinion generally responded favorably to Eugene’s actions.
His influence did not end with simply providing young Koreans with employment opportunities in the United States.
Each company had to prepare some countermeasures in case not a few talented people would be sucked into the United States on this opportunity.
In related fields, there was already an expectation that the wage level would increase dramatically from next year.
And the workers in the field who received such benefits were naturally feeling grateful for Eugene.
– It is said that Chairman Kang’s Hollywood mansion invites top stars to a party every day.
– Yesterday, Ryan Gosling was invited. There was also a famous Korean actress at the party that day, and they exchanged hot glances with each other.
– Ryan Gosling is a married man. What nonsense?
– Not married. Partnership.
– Ryan Gosling is said to be an actor that Chairman Kang loves very much. Chairman Kang almost exclusively invested in La La Land and achieved tremendous success, so he has a very close relationship with the director and Gosling.
And since Eugene is staying in Hollywood, rumors that are completely absurd were constantly being produced. That meant that interest in him was skyrocketing.
In Eugene’s Bel Air mansion, an event was taking place without taking a day off, inviting various people.
But it’s not just the top Hollywood stars that people think it’s inviting.
Just like celebrities, he invited influential people from this western region to build friendships.
Politicians from California and other West Coast states have visited their homes almost once or twice to be welcomed, and they continue to meet with businesspeople, including Silicon Valley executives.
Just as the banquet hall of the Plaza Hotel was used every day in New York, the same daily routine continued at home in the West.
However, on this day, a slightly more special guest was invited.
In fact, it may seem difficult to call it a guest, but at least on this day, it can be called a guest.
“From next year on, William’s role will be huge. Please prepare properly.”
Unlike Joanna, William, who was always guarding Manhattan, was called to LA.
Eugene first started discussing plans for next year.
“All right. Preparations for the sale of the fund to the general public are nearing completion. We are preparing half of mutual funds and half of ETFs.”
The reason Eugene said that he would greatly increase the number of Korean employees is because there are a lot of manpower needed.
The asset management company Joanna Williams now runs, either way, caters only to institutional investors and super VIPs.
But from next year, we decided to develop and sell fund products for the general public, so we needed a lot of manpower to handle them.
“Since the name of the boss is at stake, there will be a lot of demand for it.”
William seemed worried, even though he was ready.
In fact, requests for Eugene to launch a fund product for the general public have continued without end.
It would be strange if you weren’t interested in the products that Eugene, who won the title of the world’s richest person in just three years, is offering.
“Let’s start small first. We aim to reach $1 trillion in AUM within two years.”
“A trillion dollars? Well… … If it’s just over $100 billion per quarter… … As soon as the product is released, it will be sold out immediately.”
As William jokingly said, he has the potential to do just that.
In general, shareholders of the top 100 companies by market capitalization, including Google and Microsoft, are owned by asset managers such as BlackRock, Vanguard Group, and Fidelity, each of which manages assets of at least trillions of dollars or more.
1st place, BlackRock, is at $6 trillion, and Vanguard Group, in second place, is at $5 trillion.
It is obvious how much destructive power Eugene will have if he intervenes in such a market.
If there are no restrictions, it will not be a problem to rise to the top right now.
In fact, I did not make this decision because I was expecting a profit from such an asset manager.
Even if you look at the market capitalization and net income of BlackRock, the world’s number one asset manager right now, it’s not very remarkably good.
For asset managers targeting consumers, stability is much more important than profit.
What Eugene needs is influence, not profit.
This is because it can exert considerable influence by selling products to millions of consumers worldwide and managing trillions of dollars of assets.
The stock in the conglomerate Joanna manages will have to be re-sold when the time is right, but the assets she manages through William must always remain above a certain size, allowing her to maintain her influence in the world’s largest conglomerate.
“William’s role is very important. I wish you all the best in the future.”
So far, Joanna’s investment firm is much larger than William’s.
It is because Eugene manages most of her assets through her because the profit she can earn from the knowledge of the future is still large.
However, the asset management company that entrusted William with full power is also steadily increasing its size.
And from next year, if products for general consumers are sold in the United States and other countries around the world, William’s asset manager will be ranked among the world’s top 10 asset managers right away.
“Even so, the gift is great.”
William looked around the huge house and let out a continuous shot.
Eugene called him to LA to give him a surprise gift. In fact, this huge house, located not far from Eugene’s house, deserved the nod of anyone’s head.
The price is $50 million, 12 beds, 16 bathrooms, and includes a helipad and four supercars.
“Because you did a good job. It means to work harder in the future. And having this in California means not just working, but having a little fun.”
Thanks to Eugene, William broke up with the woman who would betray him. Since then, William has never turned his eyes to women again and has been concentrating on his work.
“I try to take at least two months of vacation a year. here.”
“haha. We will try to do that.”
Eugene’s gift didn’t just go to William. Joanna also gave New York a large condo of similar value, and the employees received bonuses commensurate with their positions and performance.
Eugene is very well aware that inducing loyalty to her job is, after all, a reward she deserves.
Although rewards and punishments are important, we also know that punishment should not be used against employees of a company unless there is a very special problem.
If the employees do not work proactively because they are afraid of punishment, the group will inevitably stagnate.
Punishment should be given only in very exceptional cases, i.e. for offenses and immorality, in accordance with clear regulations and local laws.
Therefore, it is necessary to raise the spirit of improvement of the members by always paying sufficient compensation.
Of course, for that to happen, the company must achieve that much growth. And for Eugene, it wasn’t that difficult.