The Amazing son in law Chapter 6516
Ten years or twenty?
If the old man had lived for an additional twenty years, he would have been over seventy!
Over 70 individuals have been receiving pensions for the last decade, and here I am, still not a full-time employee. How am I supposed to sustain myself in this situation?
Despite these thoughts, he had complete faith in charlie Wade’s words. He sighed and said, “Mr. Wade, if you need anything from me, just let me know. I promise to do my utmost to assist…”
As he spoke, he adopted a modest tone: “I acknowledge that I’ve had some selfish motives and questionable thoughts in the past, but rest assured, I won’t let you down from now on. If Steve Rothschild ever shows even the slightest sign of disobedience or reluctance to follow your lead, I would rather die without a grave!”
Charlie Wade gave a slight hum and, putting aside the lightheartedness, replied seriously: “Steve, since you’ve said that, I genuinely need your assistance with something.”
Steve immediately responded, “Mr. Wade, please tell me! I will do my best in anything I can help with. Just give me a chance to alleviate your concerns!”
Charlie Wade explained: “My grandfather intends to move all businesses that can be relocated from the United States to China. However, the real estate and properties that cannot be moved will remain in the U.S. for the time being, and there won’t be anyone to manage them. As you know, real estate requires careful management to ensure its value appreciates. Additionally, those physical industries that can’t be relocated need to be meticulously overseen to maintain stability in the U.S. Without a capable leader, I hope you can step in to manage these industries and operate them on our behalf.”
“Oh…” Steve let out a sigh of relief and quickly replied, “Agency operations are straightforward. You can ask your grandfather to assign people to sort things out. The properties you can’t move or sell can be handed over to me for management. I will certainly do my best to sustain them.”
Charlie Wade insisted, “Steve, doing your best isn’t enough. You must provide me with a firm commitment. For the real estate I assign to you, you need to ensure I receive at least a 10% profit each year. For the businesses I hand over, if they are profitable, you must guarantee a minimum annual growth rate of 10%. If they are not profitable, you must turn them around within a year.”
“Wait, what?!” Steve exclaimed, momentarily taken aback. “Mr. Wade… the rental-to-sale ratio for high-quality real estate in the U.S. is currently around 30. After conversion, the annualized return is only between 3-5%. Even the best projects rarely hit 10%! The businesses that can’t be relocated are likely to be traditional or manufacturing firms, or part of the service sector. How can these industries guarantee an annual growth of 10%? As for the unprofitable ones, that’s even trickier. The Rothschild family has numerous ventures that either break even or operate at a loss. Some industries simply can’t turn a profit, regardless of the effort put in. How am I supposed to achieve such outstanding results for you?”
Charlie Wade replied nonchalantly, “That’s fine. If you can’t meet the targets, just make it up yourself. It’s not a big deal. You are now the legitimate heir of the Rothschild family. What does a little money matter to you?”
“Am I supposed to just accept that?!” Steve felt overwhelmed and said instinctively, “Mr. Wade… this isn’t right. You’re asking me to help with operations, and I’m willing to do it for free, giving it my all. But setting such high performance standards and expecting me to cover the difference… this feels like extortion!”
Charlie Wade responded calmly, “Yes, I am indeed extorting you.”
He continued, “Steve, understand that my blackmailing you stems from my high regard for you. I’m giving you a chance to demonstrate your commitment and capabilities. Just think about it, why wouldn’t I simply ask Helena to manage this?”
Charlie Wade’s question made Steve’s heart race. He nervously asked, “Why… why would you do that?”
Charlie Wade scoffed and said, “If this matter were to go to your family, the old man would handle it without any fuss. If he performed well and made me want to maintain a long-term collaboration, I might consider giving him another pill. But if I have future needs, I can guarantee you that you will be prioritized over him. Eventually, your father will hold your funeral, and you, the first heir, will have nothing but a name.”
Steve was suddenly struck with fear, breaking into a cold sweat!
After Helena sent medicine from Canada to cure Howard, Steve had harbored intense resentment towards charlie Wade.
Yet now, he realized that charlie Wade had, in effect, taken control of his and his father’s fate.
If charlie continued to provide his father with that miraculous elixir, he might indeed pass away before his own father, who was in a state of despair.
As Steve was overwhelmed with dread, charlie Wade calmly stated, “Steve, I’m leaving this matter in your hands to give you a chance to prove if you deserve my continued cooperation. If you fail to meet my expectations, I will shift my focus to your father!”