Korea CXO Institute Survey Results
Four Members of the Samsung Family Now Hold Over 91 Trillion Won in Stocks
Number of "10 Trillion Won Club" Members Rises to Eight
It has been revealed that the stock assets of Samsung Electronics Chairman Lee Jae-yong have surpassed 40 trillion won. Among his holdings, the value of his Samsung Electronics shares alone exceeds 20 trillion won, accounting for more than half of Chairman Lee's stock portfolio.
According to the Korea CXO Institute, a corporate analysis research institute, as of February 27, Chairman Lee holds shares in a total of seven companies: Samsung Electronics, Samsung C&T, Samsung Life Insurance, Samsung SDS, SAMSUNG E&A, Samsung Fire & Marine Insurance, and Samsung Electronics preferred shares. Based on the closing prices as of the previous day, the total valuation of these shares amounts to 40.5986 trillion won, exceeding 40 trillion won for the first time. Chairman Lee's stock assets first entered the 20 trillion won range on October 10 of last year. Just over 100 days later, on January 21 of this year, his assets surpassed 30 trillion won. After 37 more days, his assets have now reached the 40 trillion won range, once again marking a significant milestone.
The main driver of this steep growth in Chairman Lee's stock assets has been Samsung Electronics. Chairman Lee holds a total of 97,414,196 shares of Samsung Electronics, which, based on the previous day's closing price, are valued at 21.2362 trillion won. This is the first time that an individual shareholder in Korea has recorded over 20 trillion won in a single stock. Under the Lee Jaemyung administration, the share price of Samsung Electronics, which was around 57,800 won on June 4 last year, soared nearly fourfold to 218,000 won as of the previous day. During this period, the valuation of Chairman Lee's Samsung Electronics shares increased by 277.2%.
During the same period, the valuation of Chairman Lee's Samsung C&T shares also jumped from around 5 trillion won to approximately 12.85 trillion won, serving as a strong support. In addition, Samsung Life Insurance (4.9902 trillion won) and Samsung SDS (1.3618 trillion won) have also demonstrated stock values in the trillion-won range, contributing to Chairman Lee's stock assets reaching the 40 trillion won milestone.
Including Chairman Lee, the total stock assets of the four members of the Samsung family surpassed 91 trillion won based on the previous day's closing price, bringing them closer to reaching the 100 trillion won mark. The three daughters have all recorded stock valuations in the 10 trillion won range: Hong Ra-hee, Honorary Director of Leeum Samsung Museum of Art (19.2107 trillion won), Lee Boo-jin, President of Hotel Shilla (16.9496 trillion won), and Lee Seo-hyun, President of Samsung C&T (14.7051 trillion won).
Separately from the Samsung family, on February 25, Chung Mong-koo, Honorary Chairman of Hyundai Motor Group, joined the "10 trillion won club" of stock assets for the first time. The following day, Hyundai Motor Company Chairman Chung Eui-sun also recorded 10.4634 trillion won, making both father and son members of the 10 trillion won stock asset club.
Other individual shareholders who have joined the 10 trillion won club include Seo Jung-jin, Chairman of Celltrion (16.6029 trillion won), and Cho Jung-ho, Chairman of Meritz Financial Group (12.8244 trillion won). As a result, there are now eight individual shareholders in Korea who have joined the 10 trillion won club.
Oh Il-seon, head of the Korea CXO Institute, stated, "For Chairman Lee Jae-yong's stock assets to enter the 50 trillion won range, a simple calculation based on his current holdings suggests that the share price of Samsung Electronics would need to approach 300,000 won," adding, "In this, the decisive factor is likely to be the market's trust in performance improvement rather than expectations for institutional reform."
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