Kim Seung-youn, chairman of Hanwha Group, received a total of 11.58 billion won in compensation from group affiliates in the first half of this year.

Kim Seung-youn, Hanwha Group chairman, visits the Hanwha Eagles' home stadium last year to cheer on the team. /Courtesy of Hanwha Group

According to each company's semiannual reports disclosed on the 14th, the chairman received 2.52 billion won each from Hanwha(000880), Hanwha Aerospace(012450), and Hanwha Systems(272210). From Hanwha Vision(489790), he received 2.34 billion won, and from Hanwha Solutions(009830), he received 1.68 billion won.

The first son of the chairman, Kim Dong-Kwan, senior vice chairman of Hanwha Group, received a total of 3.5 billion won in first-half compensation. He received 1.16 billion won each from Hanwha and Hanwha Aerospace, and 1.18 billion won from Hanwha Solutions.

The third son, Kim Dong-Sun, president overseeing future vision at Hanwha Galleria, Hanwha Hotels & Resorts, and Hanwha Vision, received a total of 4.54 billion won. This includes 1.41 billion won from Hanwha H&R, 1.27 billion won from Hanwha Galleria, 730 million won from Hanwha, 610 million won from Hanwha Momentum, and 520 million won from Hanwha Vision. Retirement income from four companies, excluding Hanwha Vision, was included.

The second son, Kim Dong-Won, vice chairman of Hanwha Life Insurance(088350), received 700 million won from Hanwha Life Insurance.

The combined first-half compensation of the chairman and his three sons totals 20.32 billion won.

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