Samsung Electronics Chairman Lee Jae-yong's stock wealth has surpassed 18 trillion won. It is the first time since he inherited shares from the late Chairman Lee Kun-hee.

According to Korea CXO Institute, a corporations analysis firm, on the 12th, based on the previous day's closing price, Chairman Lee Jae-yong's assessed stock wealth was 18.1086 trillion won. The analysis was based on his holdings of Samsung Electronics common and preferred shares, Samsung C&T, Samsung Life Insurance, Samsung SDS, Samsung E&A, Samsung Fire & Marine Insurance, and others.

Samsung Electronics chairman Lee Jae-yong is returning to Seoul through Seoul Gimpo Business Aviation Center in Gangseo District on the 14th after attending the wedding of the youngest son of Mukesh Ambani, chairman of India's Reliance Group and Asia's richest man. /Courtesy of News1

At the start of this year, Chairman Lee's stock wealth was about 11.9099 trillion won. As of the end of Mar., it was 12.2312 trillion won. But since Jun., as the domestic stock market has strengthened, Lee's wealth has also shown a steep rise.

Korea CXO Institute explained that this is the first time Lee's stock wealth has surpassed 18 trillion won since he inherited Chairman Lee Kun-hee's shares. At the time of the inheritance, Lee's stock wealth was about 15.6167 trillion won.

A major factor was the rebound in Samsung Electronics' share price. Samsung Electronics' market capitalization jumped 36.3% from 318.786 trillion won at the start of the year to 434.501 trillion won on the previous day.

Since the launch of the new administration, coupled with amendments to the Commercial Act, shares of Samsung C&T and Samsung Life Insurance have also risen. The value of Chairman Lee's Samsung Life Insurance equity climbed 47.9% (1.0878 trillion won) in 100 days, from 2.2716 trillion won on 4th to 3.3595 trillion won on the previous day. During the same period, the value of his Samsung C&T equity also swelled by more than 1 trillion won, from 5.3462 trillion won to 6.3186 trillion won.

O Il-seon, head of Korea CXO Institute, said, "For Chairman Lee Jae-yong's stock wealth to move into the 20 trillion won range, the assessed value of his shares needs to rise by more than 10% from now." That means Samsung Electronics should be around 90,000 won per share, Samsung C&T around 200,000 won, and Samsung Life Insurance and Samsung SDS around 170,000 won simultaneously.

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