For the first time, the value of Lee Jae-yong's stock holdings in Samsung Electronics has surpassed 30 trillion won.
According to the Korea CXO Institute on January 21, the combined valuation of Lee Jae-yong's holdings in seven stock categories-Samsung Electronics, Samsung C&T, Samsung Life Insurance, Samsung SDS, SAMSUNG E&A, Samsung Fire & Marine Insurance, and Samsung Electronics preferred shares-amounted to 30.2523 trillion won as of this date.
This represents an increase of more than 2.5 times compared to the 11.9099 trillion won valuation recorded on January 2 last year.
In particular, under the Lee Jaemyung administration, the continued rise in stock prices has led to an increase of approximately 15.9671 trillion won (111.8%) in Chairman Lee's stock valuation.
On October 10 last year, the value of his stock holdings reached 20.7178 trillion won, entering the 20 trillion won range for the first time. This milestone came four years and five months after inheriting shares from the late Chairman Lee Kun-hee on April 30, 2021.
It took about four years and five months for Chairman Lee's stock assets to grow from the 15 trillion won range to the 20 trillion won range, but it took only 104 days to surpass 20 trillion won and reach the 30 trillion won mark.
Oh Ilseon, head of the Korea CXO Institute, commented, "Since the launch of the Lee Jaemyung administration, various institutional reforms have been implemented to enhance transparency and trust in corporations and the stock market. At the same time, growing expectations for the artificial intelligence and semiconductor industries have contributed to a sharp rise in stock prices in recent months. In particular, the first quarter's business performance will serve as a turning point to determine whether the upward trend in the stock prices of major market cap leaders, including Samsung Electronics, will continue or enter a phase of adjustment."
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