Lee Jae-yong Tops with '16 Trillion' in Stocks... 2 Trillion Increase This Year

CXO Research Institute, Stock Changes of 40 Groups Investigated
Total 40 Heads' Stock Assets Increased by 3 Trillion
Park Jung-won Tops Growth Rate, Cho Won-tae Leads Decline Rate
Hong Ra-hee, Lee Boo-jin, Lee Seo-hyun Non-Heads Join '5 Trillion Club'

Samsung Electronics Chairman Lee Jae-yong ranked first in stock wealth among the heads of 40 major domestic groups in the first quarter (January to March). His stock wealth increased by about 2 trillion won over three months, reaching the 16 trillion won level. Doosan Chairman Park Jung-won’s stock wealth rose by about 70%, while Hanjin Chairman Cho Won-tae’s decreased by more than 20%.

According to the "First Quarter Major Group Heads Stock Valuation Change Survey" released on the 3rd by Korea CXO Research Institute, a corporate analysis specialist, the stock valuation of the heads of the top 40 groups at the end of last month was 62.2552 trillion won. This is an increase of 3.3455 trillion won (5.7%) from early January (58.9097 trillion won).

Chairman Lee’s increase in stock wealth was the largest. His stock wealth rose from 14.8673 trillion won in early January to 16.5864 trillion won at the end of last month, an increase of 1.7191 trillion won (11.6%). This was due to the rise in Samsung Life Insurance (35.3%) and Samsung C&T Corporation (22.6%) stock prices. Chairman Lee’s stock wealth increased by about 900 billion won in Samsung C&T and about 500 billion won in Samsung Life Insurance. Celltrion Chairman Seo Jung-jin ranked second in terms of increase, growing his stock wealth by 1.1138 trillion won, from 9.9475 trillion won at the beginning of the year to 11.0614 trillion won at the end of March.

The highest growth rate was recorded by Doosan Chairman Park Jung-won. His stock wealth increased by 69.2% (839 billion won), from 121.2 billion won at the beginning of the year to 205.1 billion won at the end of last month. This was influenced by Doosan’s stock price rising 67.9% over three months. Following him were CJ Chairman Lee Jae-hyun (37.5%), Krafton Board Chairman Jang Byeong-gyu (26.1%), LS Chairman Koo Ja-eun (21.6%), and former Taekwang Chairman Lee Ho-jin (17.3%).

The largest decrease rate was by Chairman Cho. His stock wealth fell by 23.9% (722 billion won), from 302.5 billion won at the beginning of the year to 230.3 billion won at the end of last month. This was because the price of Hanjin KAL common stock dropped from 78,200 won to 59,500 won, a 23.9% decrease. Following him in decrease rates were Naver Global Investment Officer (GIO) Lee Hae-jin (-17.6%), Harim Chairman Kim Hong-guk (-16.1%), Amorepacific Chairman Seo Kyung-bae (-10.1%), and OCI Chairman Lee Woo-hyun (-9%). The largest decrease in amount was by Kakao founder Kim Beom-su, whose stock wealth declined by 444.8 billion won (7.3%), from 6.1186 trillion won to 5.6738 trillion won.

Thirteen individuals joined the "1 Trillion Won Club" for stock wealth. They are Chairman Lee Jae-yong (16.5864 trillion won), Chairman Seo Jung-jin (11.0614 trillion won), Founder Kim Beom-su (5.6738 trillion won), Hyundai Motor Chairman Chung Eui-sun (3.8048 trillion won), Former Ecopro Chairman Lee Dong-chae (3.1744 trillion won), SK Chairman Chey Tae-won (2.3197 trillion won), LG Chairman Koo Kwang-mo (2.1959 trillion won), Chairman Jang Byeong-gyu (1.9446 trillion won), Chairman Seo Kyung-bae (1.9333 trillion won), Chairman Lee Jae-hyun (1.6489 trillion won), Asan Foundation Chairman Chung Mong-joon (1.5107 trillion won), Netmarble Chairman Bang Jun-hyuk (1.2873 trillion won), and GIO Lee Hae-jin (1.1487 trillion won).

Among non-heads, three major shareholders with stock wealth exceeding 5 trillion won were former Leeum Museum Director Hong Ra-hee (8.3746 trillion won), Hotel Shilla President Lee Boo-jin (7.097 trillion won), and Samsung C&T President Lee Seo-hyun (6.0738 trillion won).