Extraordinary Genius

Chapter 1117 – Meeting Brother Ke again

Elena left with Pudovkin to learn singing, and Feng Yu is glad that she can enjoy a normal lifestyle.

After lunch, Feng Yu took a short nap before hearing the sounds of a helicopter.

Kirilenko brought someone in. It is Brother Ke from Ukraine. Brother Ke had helped them get bank loans before the former Soviet Union got dissolved.

“Feng, it’s been a while since we met.” Brother Ke went up to Feng Yu and gave him a hug.

“Nice to see you again, Brother Ke.”

Feng Yu had come to Moscow is not to visit Kirilenko’s mansion. He had come to check on his businesses here. Brother Ke is involved in most of Kirilenko’s businesses in East Europe.

Brother Ke is amazed. When he met Feng Yu, he thought Feng Yu is only an ordinary Kirilenko friend and has some power in China.

But now, Feng Yu is the top Billionaire of Asia and the World’s Second Richest man. Kirilenko, who is very close with Feng Yu, had also become East Europe’s top Billionaire, and <Forbes> estimated Kirilenko’s net worth is over 10 billion USD!

Brother Ke might seem to be doing well these few years, but his assets are only worth a few hundred million. He is nothing compared to Kirilenko, let alone Feng Yu.

Whenever Brother Ke thought about this, he regrets.

“Let’s go and have a drink.” Kirilenko dragged everyone to his bar in his mansion.

Feng Yu chose to drink beer, while Kirilenko and Brother Ke drank Baijiu.

“Feng, your business is getting bigger and had expanded to the US. But I am still stuck in Ukraine. Sigh...” Brother Ke sighed.

Brother Ke regretted the most for not getting bank loans when he becomes Kirilenko and Feng Yu’s guarantor in the past. If he knew Rubles will depreciate like crazy, he would find ways to get loans too, and everything will not be the same now.

But that’s no point regretting. At that time, Brother Ke was scared when he saw the interest rates incurred by Kirilenko and Feng Yu.

Feng Yu looked at Kirilenko and did not reply to him. After all, he is not close to Brother Ke.

“Hahaha... Brother Ke, when I went to the US, I had asked you along. You are the one who doesn’t want to go. Are you regretting now?” Kirilenko laughed.

“When you go to the US, I was preparing for my marriage. How can I leave? You should also know about my family. Although my father’s position in Ukraine is higher than your father’s in Russia, how can you compare Ukraine with Russia? My father is always busy, and I am being watched. That’s why I cannot go to the US.”

Brother Ke is upset. He gets to where he is now because of his father. But it is also because of his father, he is restricted in many areas.

“It’s alright. After we cooperate, your wealth will increase very fast. Your father is also going to retire, and he can push your younger brother up. Once your younger brother moves up the rank, you will be free.”

Feng Yu thought to himself. These former Soviet Union influential families are all the same, and they must have a son that is in the military. Brother Ke’s family is the younger brother in the military, while the older brother does business. They are the opposite of Brother Ki’s family.

“Feng, I think your supermarket chain and your mines will succeed, but the eCommerce website... can this really make money?” Brother Ke asked.

“Brother Ke, do you know where most of Brother Ki’s wealth comes from? eBay shares. Those rumors about Brother Ki’s net worth are false. Brother Ki’s real assets are worth much more. eBay is also an eCommerce website, and this is the future. It has high potential.”

Brother Ke turned and looks at Kirilenko. Kirilenko nodded proudly. He had sold most of his eBay shares, but those are non-voting shares. Feng Yu had told him not to sell any of his voting shares. The value of his voting shares might have dropped, by it will go up in the future. Anyway, he has already made high profits by selling his other shares.

“But I heard eBay share prices had been falling, and eBay is not making money.”

“That’s right. eBay is not making money now, but eBay will start making money within two years, and their share prices will rise again. All investments into new businesses will not see any returns initially. An online eCommerce website can save rental from physical shops and let consumers shop easily. They just search for what they want, and it saves them lots of time from going to the mall. All they need is an internet connection and a PC.”

“Furthermore, if everyone can tell this business is profitable, everyone will be doing it. How are we going to make high profits from this? There are many smart people and wealthy people out there. But in the future, they will be looking up at us because they lack the foresight we have.”

Kirilenko needs the help of Brother Ke and people like him if he wants to launch his eCommerce website in every Russian-speaking countries.

Even if Brother Ke is not willing to participate, it’s fine. They had invited Brother Ke, and he will not stop their website from entering Ukraine.

Feng Yu’s words are persuasive, and Brother Ke seems to be indecisive. He wants to make more money, but Kirilenko told him that the first three years of this eCommerce website will not be making any profits.

Kirilenko and Feng do not mind losing 300 to 500 million USD.

But Brother Ke cannot afford the losses. After setting up the supermarket chain with Kirilenko, he does not have much spare cash. He cannot afford to lose another 200 to 300 million USD.

Furthermore, investing in this internet company will use up all his funds, preventing him from making other investments. Also, investing with Kirilenko makes him feel like a follower. In the past, Brother Ke is the leader of this group of Military Second-generations. action

Feng Yu and Kirilenko did not say anything and continued to smoke their cigars. They are waiting for Brother Ke to make his decision.

Brother Ke looked up and asked. “Kirilenko, what about the rest? Did they agree?”

Kirilenko nodded. “All of them are in except for you.”

Brother Ke gritted his teeth and said. “Alright. I will invest 200 million USD.” He does not dare to invest all his remaining funds.

But what Brother Ke doesn’t know that he will regret today’s decision. If he knew eCommerce can be so profitable, he should have used all his money and take loans to invest.