With Samsung Electronics' share price breaking through 200,000 won the previous day, the value of Chairman Lee Jae-yong's shares in Samsung Electronics has come close to 40 trillion won. It has been just over a month since it first entered the 30 trillion won range in January this year, and now the 40 trillion won mark is in sight.
According to the Korea CXO Institute, as of the 25th, the appraised value of Chairman Lee's shares in seven listed companies totaled 38.7738 trillion won. The holdings included Samsung Electronics, Samsung C&T, Samsung Life Insurance, Samsung SDS, Samsung E&A, Samsung Fire & Marine Insurance, and Samsung Electronics preferred shares.
Among the holdings, the valuation of Samsung Electronics was the largest. As of the 25th, Lee held 97,414,196 Samsung Electronics shares, and based on the common stock closing price of 203,500 won, the value of those shares came to 18.8237 trillion won. If the share price exceeds 205,400 won, Lee would hold more than 20 trillion won in valuation from Samsung Electronics alone.
Lee's total share valuation would rank around 23rd if converted to the market capitalization ranking of domestic listed companies. That is lower than Naver (39.3901 trillion won) but higher than Hana Financial Group (35.0690 trillion won).
The stock wealth of the four members of the Samsung family, including Lee, is also growing rapidly. As of the 25th, the combined stock valuation of the four Samsung family members—Hong Ra-hee, honorary director of Leeum, Samsung Museum of Art (17.9336 trillion won); Lee Boo-jin, president of Hotel Shilla (16.1991 trillion won); and Lee Seo-hyun, president of Samsung C&T (13.9079 trillion won)—totaled 86.8146 trillion won. The figure has moved closer to 100 trillion won.
Meanwhile, the stock wealth of Chung Mong-koo, honorary chairman of Hyundai Motor Group, surpassed 10 trillion won for the first time. By company, Hyundai Motor (6.5184 trillion won), Hyundai Mobis (3.1827 trillion won), and Hyundai Steel (601.3 billion won) accounted for the highest valuations. The stock valuation of Chung Eui-sun, chairman of Hyundai Motor Group, also came to 9.9973 trillion won, nearing 10 trillion won.
Oil-seon, head of the Korea CXO Institute, said, "Chairman Lee Jae-yong will soon set two new records in Korea: surpassing 20 trillion won in valuation from a single stock as an individual shareholder, and, for the first time, his combined stock valuation exceeding 40 trillion won," and added, "Another emerging focus is when the combined stock valuation of the four Samsung family members, including Chairman Lee Jae-yong, will surpass 100 trillion won."