The last straw that broke the camel's back was a secretly recorded video.
In the video, Sean Kerr's eyes were bloodshot and his face was anxious—he clearly hadn't rested in a long time.
“With the Kerr Family ending up like this, what am I supposed to do? When I resigned from the CEO position, I handed over all my authority. Now the stock price keeps dropping, and I’m completely desperate!” Sean Kerr seemed to be speaking to someone.
The other person in the video asked him, “If you have money, hurry and buy the stocks back! Stopping the plunge is the right move!”
Sean Kerr looked defeated and said, “What money do I have left? All these years, my business ventures have lost money, and I owe a huge debt. Otherwise, I wouldn’t have sold the Rongcheng Land Parcel just to pay it off! I really can’t do anything now!”
“So tell me, is there really something wrong with the Kerr Family conglomerate’s accounts?” the other person asked.
“If there wasn’t a problem, why would the audit team seal the accounts?” Sean Kerr retorted.
“So is the Kerr Family really going bankrupt?” the person asked.
Sean Kerr didn’t answer. He was just silent.
Just that one video—once it was released, it spread quickly among everyone’s social circles.
Everyone was stunned!
The Kerr Family really is doomed this time!
As the saying goes, when the tree falls, the monkeys scatter.
Luckily, Charles Yin was holding the line, so no one went overboard. But they still dumped all their shares without hesitation.
If you don't sell now, are you just waiting for them to turn into worthless scraps of paper?
Wave after wave, the Kerr Family's stock price kept dropping, and dropping, and dropping again.
It broke through the floor, then broke through again, and again.
The Kerr Family's market value has plummeted from a trillion in assets to less than ten billion.
Even what's left will probably have to be liquidated to pay off debts.
Such a massive Kerr Family, and just like that, it collapsed.
Assistant Qing looked dazed and distracted.
How did this happen?
How could a perfectly good company suddenly go bankrupt?
Such a huge enterprise, gone just like that?
Now, the old Mrs. Kerr is still in the hospital fighting for her life, and Assistant Qing has lost his backbone and is completely stunned.
But what Assistant Qing didn’t know was that Ethan Yin had used all his money, and even operated the accounts of Yina Yin and Miao Gu to steadily buy up all the stocks being dumped in the market.
Combined with the stocks Sean Kerr originally held, Sean now owns 65% of the shares.
He is now the absolute controller of the Kerr Family!
On this day, under the gaze of the public, Sean Kerr finally arrived at the headquarters of the Kerr Family conglomerate and appeared at the board meeting.
“Everyone, long time no see.” Sean Kerr was no longer the defeated man in the video. He stood in the meeting room, full of energy, surveying the room. There were many unfamiliar faces—likely new board members who joined after he left.
Oh, I guess I should call them former board members now.
After all, they must have sold off most of their shares by now.
“Mr. Kerr?!” Several of the older members stood up excitedly when they saw Sean Kerr. “You’re back?”
“Yes, I’m back.” Sean Kerr pulled out a chair and said, “Sorry for letting you all down these past years. This time, I won’t disappoint anyone.”
“Sean Kerr, didn’t you already announce you were giving up your inheritance? Why did you come back?” someone questioned.
“Yeah.” Sean Kerr shrugged. “I really did give up the inheritance.”
“Then you...”
“But I never said I couldn’t buy out the Kerr Family conglomerate with my own money, right?” Sean Kerr said calmly, his gaze sharp. “I’m not standing here today as a descendant of the Kerr Family, but as the new chairman.”
“What did you say?” The whole meeting room erupted. “How is that possible? Did the old lady give you all her shares?”
Sean Kerr chuckled. “The old lady only has 10% of the shares. In the past, that was enough to take the top spot with one vote. But now, thanks to all of you selling so many shares, I’ve managed to collect 65%. I’m now the biggest shareholder in the Kerr Family conglomerate. So, what’s wrong with me being chairman?”