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Listed Stock Values of Samsung Group Chairman’s Family Almost Doubled This Year
Tycoon's Wealth
Listed Stock Values of Samsung Group Chairman’s Family Almost Doubled This Year
  • By Jack H. Park
  • December 26, 2014, 04:09
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The value of the listed stocks owned by Samsung Electronics Chairman Lee Kun-hee and his family increased from 13.4004 trillion won to 26.0596 trillion won between January 2 and December 24 this year.

According to chaebol.com, the listing of Samsung SDS and Cheil Industries boosted the stock assets of Samsung Electronics vice chairman Lee Jae-yong and his sisters from 1.1 trillion won to 12.2811 trillion won. In particular, the vice chairman’s assets jumped from 1.1 trillion won to 7.7911 trillion won.

In the meantime, the value of the listed stocks owned by Hyundai Motor Group chairman Chung Mong-koo and his family edged up only by 3.8 billion won to 9.7406 trillion won during the same period. The chairman’s stock assets dropped 11.6% from 6.6692 trillion won to 5.8985 trillion won but vice chairman Chung Eui-seon’s increased by 775.3 billion won to 3.8327 trillion won.

The total increased by 35.4% or 886.4 billion won for SK Group chairman Choi Tae-won and his wife and jumped by 65.5% or 161.3 billion won for Hanjin Group chairman Jo Yang-ho and his family. LG Group chairman Koo Bon-moo and his family increased their appraised value by 66.5 billion won to 2.379 trillion won.

Meanwhile, the Lotte, Hyundai Heavy Industries, GS, Hanwha and Doosan Groups showed a decline during the period. Specifically, that of Lotte chairman Shin Kyeok-ho and his family members dropped by 1.1798 trillion won to 3.3128 trillion won and former Saenuri Party lawmaker Chung Mong-joon’s plummeted from 1.9565 trillion won to 0.9261 trillion won. The total fell 18.6% to 745.9 billion won for Hanwha Group chairman Kim Seung-yeon and his family, 14.4% to 403.9 billion won for GS Group Huh Chang-soo and his family and 16.4% to 343.6 billion won for Doosan Group honorary chair Park Yong-gon and his family members.