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Hyun-Joo Park, Chairman of Mirae Asset Group, Donates Full Dividends for 14 Consecutive Years... "Total Donations Reach 31.5 Billion KRW"

Mirae Asset Group announced on the 29th that Chairwoman Park Hyun-joo will donate the entire dividend from Mirae Asset Global Investments for the year 2023.


Hyun-Joo Park, Chairman of Mirae Asset Group, Donates Full Dividends for 14 Consecutive Years... "Total Donations Reach 31.5 Billion KRW" Hyun-joo Park, Chairman of Mirae Asset Group. Photo by Mirae Asset Group

Chairwoman Park Hyun-joo has been donating all dividends received from Mirae Asset since 2010. The dividend to be donated this year amounts to approximately 1.6 billion KRW. The cumulative donation over 14 years totals 31.5 billion KRW. In a letter to employees in 2008, Chairwoman Park promised, "From 2010, I will use all dividends for the young people of this land."


The donation will be used for future talent development programs through the Mirae Asset Hope Foundation. The Mirae Asset Hope Foundation is a foundation established by Chairwoman Park Hyun-joo in honor of her parents' wishes. Since its establishment in 1998, it has been providing scholarships to domestic university students for academic and self-development purposes.


Chairwoman Park Hyun-joo continues to show strong interest in the advancement of science and technology, a core of the Korean economy, and the nurturing of young talent. At the end of 2023, Chairwoman Park pledged to donate up to 25% of Mirae Asset Consulting shares to the Mirae Asset Hope Foundation.


Recently, Chairwoman Park’s younger sister, niece, and other family members also joined in this intention by donating 4.99% of Mirae Asset Consulting shares they held to the Mirae Asset Hope Foundation. Chairwoman Park’s donation is expected to proceed at a time when regulations related to stock ownership by public interest corporations are being eased.


A representative of Mirae Asset Group stated, “Mirae Asset, practicing warm capitalism with consideration, carries out various social contribution activities through close communication and tight cooperation among affiliates,” and added, “We will continue to strive to give back what we have received from customers and society and contribute to spreading a culture of sharing.”


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