[Asia Economy Reporter Donghyun Choi] Lee Kun-hee, Chairman of Samsung Group, has maintained his position as the wealthiest individual in South Korea with a domestic stock portfolio valued at approximately 18 trillion won.
According to the Korea Exchange on the 25th, as of the end of the first half of this year, the value of Lee's shares in Samsung Electronics, Samsung Electronics Preferred Shares, Samsung SDS, Samsung C&T Corporation, and Samsung Life Insurance was about 18.2251 trillion won based on the closing price on the 23rd.
Breaking it down by company, Lee holds 4.18% of Samsung Electronics (15.0062 trillion won), 20.76% of Samsung Life Insurance (2.6199 trillion won), 2.88% of Samsung C&T Corporation (564.3 billion won), 0.08% of Samsung Electronics Preferred Shares (33 billion won), and 0.01% of Samsung SDS (1.7 billion won).
The value of Lee's holdings is the largest among domestic publicly traded stockholders. It is about 2.5 times the size of his son Lee Jae-yong, Vice Chairman of Samsung Electronics, who holds approximately 7.205 trillion won. Compared to other conglomerate leaders such as Seo Jung-jin, Chairman of Celltrion (4.4922 trillion won), Chung Mong-koo, Honorary Chairman of Hyundai Motor Group (4.4709 trillion won), and Chey Tae-won, Chairman of SK Group (2.6323 trillion won), Lee's holdings are significantly larger.
Globally, Lee ranks within the top 100. According to Forbes, a leading U.S. economic magazine, in their "Real-Time Billionaires List Worldwide (reflecting changes after 5 PM on the previous trading day)," Lee's total assets are estimated at $20.9 billion (approximately 23.5857 trillion won). Ranked 67th, Lee is the only South Korean included in Forbes' top 100 billionaire list.
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