"Interest is required, okay? Three points a week, and if it exceeds a week, it's five points," Qi Yuan said with a look of agony.
Although he really didn't want to pay that money, who would actually lend you tens of millions based on face alone without interest?
If he hadn't been hanging out with some Second-generation rich kids playing with supercars and looking out for them, he really wouldn't have been able to raise this money.
Chen Hao exclaimed, "Three points is already very high. If it's five points, that interest would be incredible. I suddenly feel like this business seems quite profitable."
Wang Zheng took a sip and continued, "Of course it's profitable. Just look at how much cash flow Old Qin has and you'll know how profitable it is. But this is China; doing this is illegal. This isn't Casino City..."
Before he could finish, Wang Zheng regretfully slapped his own mouth and looked at Qin Fen apologetically. "Drank too much, drank too much. Brother Qin, sorry, sorry. Collateral damage. I admit my Map cannon fire was a bit too broad."
Qin Fen rolled his eyes at Wang Zheng but wasn't truly angry, because his family really were Junket operators.
A so-called Junket operator is someone who introduces wealthy people to Casino City to gamble.
If someone introduced by his family to a specialized casino there wins, they have to give nearly 40% of the profits to his family as a commission.
Furthermore, his family also provides lending services.
Once you lose all your money there, they will lend you more so you can continue gambling.
Their family's home base isn't actually Casino City but Hong Kong Island. Paparazzi often photograph them in the most classic and expensive horse racing district there.
Qin Fen's father was originally one of the shareholders of the David Group on Hong Kong Island.
This group is one of the top ten intermediaries for the Macau casinos. They made their fortune through intermediary fees from gambling stakes, and the profit margins are enormous.
Netizens in Hong Kong Island have calculated the annual profits of these companies and found that they earn nearly 1 to 2 billion USD a year.
This money is just what's on the surface; their business involves many more shady operations that can't see the light of day.
It's easy to imagine that private profits would only be higher.
So, it's true that in this world, being honest and down-to-earth won't make you rich.
The family backgrounds of Wang Congcong and Qin Fen seem to differ greatly at first glance.
But if you really do the math, it's not certain who would come out on top.
In terms of assets alone, Wanda's hundreds of billions in assets are indeed impressive.
However, their family's largest asset is the Wanda Group, and these assets are fixed assets, not liquid capital.
So, based purely on overall assets, Wang Congcong definitely blows Qin Fen out of the water.
But if you compared their families' cash flow, it might actually be a toss-up.
After all, Qin Fen's family doesn't rely on stock investments or real industry.
Their family income is entirely cash flow. It doesn't accumulate through fixed assets; it's all cold, hard currency.
Don't think cash flow isn't important, even though cash carries risks like devaluation.
But if the majority of your net worth is tied up in assets, it can be very troublesome.
For example, even for a tycoon worth billions, if you asked him to produce several hundred million for an emergency tomorrow, he might actually be unable to.
Usually, to get cash, one has to liquidate assets and sell them at a discount.
This is why, a few years later, when Wang Congcong got caught in commercial litigation and was restricted from high spending, he had to sell his cars and planes.
After all, when trouble strikes, he couldn't just sell the Company stock in his hands.
So, to get cash, he could only sell luxury cars and planes to fill the hole.
One of them is a Second-generation military brat who can be open about it, a truly showy rich person; the other is a Second-generation capitalist who profits in the shadows, with a status that can't be presented publicly.
Just the 'Junket operator' label alone prevents Qin Fen from standing in the spotlight on many occasions.
After all, his family's path to wealth was built on the accumulation of many people's bankruptcies.
Even if gambling is considered legal in Casino City or Las Vegas abroad, it is ultimately morally corrupt.
The more high-profile you are, the more spit you'll receive from others.
However, Qin Fen wasn't angry; after all, they had known about his family background for a long time.
There was no need for him to hide it.
"Next time you get drunk, I'll trick you into going to Casino City."
Wang Zheng immediately waved his hand. "Brother Qin, have mercy! But don't worry, if I go, with these devilish hands of mine, I'd definitely win."
"With you? Don't end up with nothing but your underwear, begging me to save you."
Chen Hao quickly stepped in to smooth things over. "With Old Wang's luck, you'd better not go and cause trouble for Brother Qin. You can't even pick correctly when two Girls are placed right in front of you. Who would believe you could win at gambling?"
"I... I'm speechless. You win," Wang Zheng said, frustrated.
Qi Yuan also spoke up. "I'm just curious, how much money have you brothers prepared this time?"
Qin Fen didn't speak; he just held up ten fingers.
Those ten fingers made Qi Yuan's eyelids twitch involuntarily.
Even Wang Congcong, who was nearby, couldn't help but complain, "Old Qin, you usually act poor in front of me. I didn't expect you to have saved so much money in secret."
"I had to mortgage two properties here to get this amount, okay? I heard Old Jiang say you transferred eight hundred million to their Company."
Wang Congcong shrugged. "Wasn't that the money earned last time? I earned four hundred million last time, and with my own money, it's only eight hundred million. Recently, I invested some more in the team and other things, so I asked my dad to add a bit to make it exactly eight hundred million."
Seeing that it was sponsored by the Richest Man Wang, Qin Fen said somewhat sourly, "I didn't ask my dad this time. I'm afraid if he knows I'm making money again, he won't give me an allowance anymore."
Qi Yuan's face twisted with envy as he looked at the remaining three. "I won't ask Brother Cheng, but what about you two?"
Chen Hao pointed at Wang Zheng. "I didn't ask my dad this time either. I have five, and Old Wang has one more than me."
Qi Yuan said with a face full of helplessness, "Sigh, I feel like a Husky that's wandered into a wolf pack."
Jiang Cheng asked with a smile, "How about you leave the circle?"
Hearing this, Qi Yuan immediately said anxiously, "That won't do, Brother Cheng! If you don't want to be a War Wolf, I'll give you my position as the Husky. Just please don't leave me behind..."
"You brat, if you want to be a dog, don't drag me into it. Get lost, get lost."
The group chatted over red wine for over an hour before each returning to their rooms to rest.