Chapter 1411 - 1414: Hong Sect Insider Secrets

"Hold on..." Lin Feng suddenly smiled at Ning Fuxun and casually asked, "I want to know, what are the odds for me winning the Sect Leader position in the odds offered by Hong Sect?"

Lin Feng originally thought he was the youngest in the Hong Sect and ranked low among the thirteen leaders. In the underworld, he lacked credibility, so he thought the odds for him winning would be quite high!

However, Ning Fuxun’s reply surprised Lin Feng.

"Your odds aren’t high. Besides Hong Sect’s second leader Liu Shouyi, fourth leader Ye Liangdao, and the newly appointed third leader Wang Bing, your odds for winning the Sect Leader position are the fourth lowest! The odds are only 1:2.2!" Ning Fuxun looked at Lin Feng with a somewhat complex expression, which explained why he admired Lin Feng so much. Lin Feng’s strength was already recognized as that of the new generation within Hong Sect. The reason his ranking wasn’t the lowest was entirely because Lin Feng’s credentials were too weak, and everyone knew Bai Yuanshan and Lin Feng would have a full-force duel, so many didn’t think Lin Feng could last until the end!

"That’s a pity..." Lin Feng shook his head and said lightly, "With odds so low, it isn’t convenient to bet heavily on myself to win, can’t make big money..."

"You’re still trying to make big money..." Ning Fuxun looked at Lin Feng with an odd expression, thinking to himself, does this kid believe he’s already destined to win?

"By the way, the odds for Ye Liangdao are even lower than mine. He challenged me last week, didn’t he already lose to me? Still has the nerve not to withdraw..." Lin Feng looked relaxed as he joked with Ning Fuxun.

"Ye Liangdao challenged you and lost?" Ning Fuxun looked at Lin Feng in surprise and asked in disbelief, "Are you serious?"

"What’s the big deal about beating Ye Liangdao? Is it really that surprising?" Lin Feng looked bewildered at Ning Fuxun, showing no self-awareness at all.

Ning Fuxun was speechless, looking at Lin Feng. He thought to himself, this kid probably doesn’t know how famous Ye Liangdao is; he’s been renowned in Jiangzhou for over twenty years and is much more formidable in the underworld than you, a little rookie. To defeat Ye Liangdao and not seize the chance to promote yourself, that’s really foolish!

"Ahem... Lin Feng, since you say you defeated Ye Liangdao, why haven’t I heard you mention it?" Ning Fuxun looked at Lin Feng with a peculiar expression and curiously asked, "Don’t get me wrong, it’s not that I don’t believe you. I’m just puzzled why you haven’t used such a golden opportunity to spread your name?"

"Indeed, it’s a great opportunity to get famous..." Lin Feng pondered for a moment, quickly understood Ning Fuxun’s meaning, then smiled wryly and said, "Unfortunately, I’ve been busy with other things lately and didn’t have time to deal with such a trivial matter!"

Ning Fuxun’s mouth twitched, clearly defeating Ye Liangdao was indeed just a trivial matter for Lin Feng...

"Ambitious!" By now, Ning Fuxun could only genuinely admire Lin Feng’s open-mindedness.

"It’s not that I’m ambitious... just really have no time!" Lin Feng chuckled proudly, "But knowing there are odds running on Hong Sect’s Sect Leader position, I feel fortunate not to have been too high-profile! Otherwise, my odds would drop, making it hard to earn money..."

Ning Fuxun, who had just praised Lin Feng’s ambition, was at a loss for words again, this kid seems to really love money!

"If you actually become Hong Sect’s Sect Leader, there’ll be plenty of opportunities to make money. Why worry about small change now..." Ning Fuxun said.

Lin Feng paused, suddenly remembering Ning Fuxun was a financial whiz for Hong Sect over ten years ago. He must know many inside details... like how much a Sect Leader earns?

"Mr. Ning, could you give me a hint, if I successfully become the Hong Sect Sect Leader, how much money could I control?" Lin Feng asked curiously.

"You want to know that..." Ning Fuxun chuckled, glanced at Lin Feng, and said casually, "Let me explain it to you..."

Lin Feng said nothing, quietly waiting for Ning Fuxun to enlighten him.

"Lin Feng, remember your question. You asked how much money you can control, not how much you pocket directly. You must distinguish the two, don’t get overly excited..." Ning Fuxun slowly explained, "You know, Hong Sect has only thirteen branches on the surface, appearing to have average earning ability, less than Qingzi Sect! But Hong Sect is actually a major shareholder in two deeply hidden corporations, Lucheng Real Estate and Tiandi Chain Restaurants. These two groups are profit giants based in Jiangzhou, paying Hong Sect dividends of no less than a billion annually! Plus, the commission from those branches, Hong Sect’s account grows by at least twelve to thirteen billion annually! Based on the assets when I left Hong Sect, and recent business performance, this is a very conservative estimate!"

Lin Feng was stunned, twelve to thirteen billion annually, so much money? No wonder so many people want to be the boss, handling that amount, even if they don’t take a penny themselves, spending it on brothers would be a great pleasure!

"Typically, besides expenses, Hong Sect’s account retains about thirty percent as insurance, then at the annual gathering, the excess funds are distributed proportionally to the brothers..." Ning Fuxun paused here, reminding Lin Feng, "And the meeting coming up soon, besides deciding the Sect Leader, the other big agenda is distributing profits according to contributions."

"Year-end distribution, then each branch’s earnings for the year are handed over as dividends at the beginning of next year?" Lin Feng asked instinctively.

"Exactly! Year-end to decide the Sect Leader, distribute funds to individuals, then at the start of next year, each branch’s leader has to hand over dividends according to the profit ratio to the new Sect Leader! Both these meetings are significant, remember them!" Ning Fuxun expressed admiration, Lin Feng’s mind is indeed sharp.

"I’ve remembered..." Lin Feng smiled wryly, understanding Ning Fuxun’s point. Ning Fuxun was reminding him even if he becomes Sect Leader, he should beware of challenges from branch leaders at the beginning of the year... But Lin Feng doesn’t believe such a situation will occur. He’s already decided that during his leadership pursuit, he must make all the brutes of Hong Sect submit!