Chairman Yoon Dae-in of Sam Chun Dang Pharm made the list of Korea's top 10 asset holders released by Forbes.
According to the financial investment industry on the 15th, Chairman Yoon ranked 10th on the list of Korea's asset holders selected by the U.S. business magazine Forbes. Total assets were tallied at $5.9 billion (about 8.9 trillion won) based on the won-dollar exchange rate of 1,509 won on the 27th of last month.
This figure puts him ahead of Mirae Asset Group Chairman Park Hyun-joo (12th, $4.9 billion), Kakao founder Kim Beom-soo (13th, $3.8 billion), and Bom Kim, the Coupang chairman (14th, $3.2 billion).
Yoon's assets are seen as driven by the recent sharp rise in Sam Chun Dang Pharm's share price. As of the 27th, the stock was 1.11 million won. However, Sam Chun Dang Pharm shares plunged to around 500,000 won on news of a block deal by major shareholders and allegations that the size of a contract had been inflated.
The No. 1 asset holder in Korea is Samsung Electronics Chairman Lee Jae-yong. Assets total $21.6 billion. He was followed by Michael Kim, MBK Partners co-founder ($9.9 billion), and Seo Jung-Jin, Celltrion chairman ($8.1 billion).
Meanwhile, the combined net worth of the top 50 richest in Korea reached $175 billion, the highest on record. That is a 77% increase from the previous year ($99 billion).