Kim Hyung-tae, the representative of SHIFT UP, expresses his award acceptance speech at the 2024 Korean Game Awards held in Haeundae District, Busan, in Nov. 2022. SHIFT UP won a total of 7 awards including Best Award. /Courtesy of Yoon Ye-won

Last year, it was reported that 124 shareholders with stock valuations exceeding 10 billion won emerged among 149 corporations newly listed on the domestic stock market.

The Korea CXO Research Institute, which specializes in corporate analysis, noted on the 11th that this emerged as a result of investigating the stock valuations of shareholders of newly listed corporations last year. As of the closing price on the 7th, the stock assets of new shareholders were as follows: ▲70 individuals with stock assets between 10 billion won and 30 billion won ▲25 individuals between 30 billion won and 50 billion won ▲20 individuals between 50 billion won and 100 billion won ▲8 individuals between 100 billion won and 1 trillion won ▲1 individual with over 1 trillion won.

A shareholder with stock assets exceeding 1 trillion won was Kim Hyung-tae, the CEO of SHIFT UP, who was the largest shareholder with 22,661,370 shares of SHIFT UP, with a stock valuation of 1.3755 trillion won. At SHIFT UP, alongside CEO Kim, there were 6 other shareholders with stock values exceeding 10 billion won.

Following that, the stock valuations were as follows: ▲Park Dong-seok, CEO of Sanil Electric, 756.6 billion won ▲Kim Byeong-hoon, CEO of APR, 591.7 billion won ▲Kang Eun-sook, spouse of Park Dong-seok, 402.7 billion won ▲Baek Jong-won, CEO of Theborn Korea, 262.9 billion won ▲Lee Seong-ho, CEO of CMES, 125.6 billion won ▲Gong Gyeong-cheol, Chairman of Angel Robotics, 106.1 billion won ▲Park Young-keun, CEO of Tamlun Total Solution, 104.6 billion won ▲Lee Don-haeng, CEO of Next Biomedical, 100 billion won.

Compared to the first day of listing, fortunes fluctuated with the stock price. The stock value of Lee Don-haeng, CEO of Next Biomedical, jumped 97.3% from 50.7 billion won on the first day of listing. The stock valuations of Lee Seong-ho, CEO of CMES, and Park Dong-seok, CEO of Sanil Electric, also increased.

On the other hand, the stock assets of Gong Gyeong-cheol, Chairman of Angel Robotics, decreased to half from 225.3 billion won on the first day of listing. The stock valuation of Baek Jong-won, CEO of Theborn Korea, also dropped more than 40% from 451.9 billion won on the first day of listing.

Among the 124 individuals with stock valuations exceeding 10 billion won, those born in the 1970s were the most numerous at 36. This was followed by ▲34 from the 1960s ▲24 from the 1980s ▲14 from the 1950s ▲6 born before 1950. Among the MZ generation born after 1980, 6 individuals were in their 30s, with Kim Byeong-hoon (37), CEO of APR, having the highest stock valuation.

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