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NovelLamp > The Amazing son in law > The Amazing son in law Chapter 6945

The Amazing son in law Chapter 6945

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    In ancient times, emperors faced a simr dilemma. Those surrounded by too many sons often felt a sense of unease. To maintain control, they would send their adult sons away from the capital, appointing them as kings in different regions, while keeping a watchful eye on their actions and using other princes to maintain a bnce of power. This ensured that the sons remained honest and cautious in their conduct.


    However, the Rothschild family is not a royal dynasty.<fnb109> Readplete version only at FιndNovel</fnb109>


    Without the rigid structure and hierarchies typical of feudal societies, the Rothschilds faced unique challenges. During World War II, they endured significant losses due to massacres and looting abroad. As a result, the core members of the Rothschild family began to relocate to the United States. Initially, this was a temporary retreat, but eventually, they found themselves unwilling to leave.


    Now, with Steve taking the initiative to depart from the United States, he set a positive example for Howard. By having Steve leave, Howard could send other unpredictable family members abroad for experience, ultimately distancing himself from potential threats.<h3 style="background-color:DodgerBlue">


    Howard said to Steve, “When we return to the United States, I will convene a family meeting to announce your decision. You should alsomunicate this to others and lead by example.”


    Steve responded promptly, “Dad, you can count on me!”


    Howard nodded and inquired, “By the way, Steve, if you were to go abroad for experience, which country would you prefer?”


    While Steve’s primary interest was in China, he chose to be somewhat diplomatic. After a moment of thought, he replied, “Father, I believe the markets that deserve my deep understanding and development are in Europe and Asia. Besides, Africa is too impoverished, Oceania is too small, and South Americacks significant growth potential.”


    “Exactly,” Howard agreed. “Aside from the United States, the countries ranking second to eighth globally are predominantly in Asia and Europe. Africa doesn’t even have a country in the top 30. As the heir to the Rothschild legacy, your focus should naturally be on markets second only to the U.S.”


    Steve quickly added, “If that’s the case, then China is indeed the most appropriate choice. It is the secondrgest economy in the world.”


    “Absolutely!” Howard affirmed. “China’s rapid development and potential are unparalleled. Assigning the second-inmand of the Rothschild family to oversee operations there underscores ourmitment to the Chinese market and could significantly boost our business in the region!”


    Taking the cue, Steve said, “Father, since you mentioned it, I will definitely go to China! Previously, our family office in Asia was based in Singapore, but I propose we also establish a new office in maind China, with me at the helm.”


    Howard agreed without hesitation, stating, “That sounds perfect. You will have full responsibility for this initiative. Once the family office is set up, we will allocate an additional $50 billion in exclusive funds to support our operations in China! You will haveplete authority over this funding!”


    Howard had a deep affection for his son. As long as Steve did not aspire to the patriarchal position, Howard was willing to entrust him with the management of all overseas family offices of the Rothschild family. Furthermore, his only desire was to establish a new family office in maind China.


    The $50 billion was a minor consideration for the Rothschild family. Howard had already devised a n. Out of the $50 billion, the Rothschild family would contribute $25 billion, supplemented by an additional $25 billion from the family-managed fund.


    In essence, half of the investment allocated to Steve for his trial and error woulde from external contributors. If profits were realized, 25% would be distributed to them, along with another 25% as additional profit. In the event of a loss, they would share the risk with the Rothschild family. Over the years, these investors had participated in numerous projects with the Rothschilds. Some ventures yielded profits, while others incurred losses, yet the overall return remained significant. These investors were astute; the distribution of $25 billion meant that if evenly shared, each investor’s loss would only amount to 1%, a negligible concern.


    Steve was thrilled. A $50 billion capital was indeed substantial. It seemed his father recognized his capabilities. This funding was akin to the initial capital an ancient emperor would grant his son when sending him out to govern. With this opportunity, Steve could focus on China, where he could build connections with Ye Chen and pave his way to bing the family’s leader in the future. This arrangement would benefit both father and son, fulfilling their respective needs.


    With enthusiasm, he dered, “Don’t worry, Father. I won’t let you down! I ammitted to elevating our business in China to new heights!”


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