The stock valuation of Samsung Electronics Chairman Lee Jae-yong has surpassed 50 trillion won for the first time. The stock assets held by the four members of the Samsung family—Chairman Lee, Hong Ra-hee, honorary director of the Leeum Samsung Museum of Art, Hotel Shilla President Lee Boo-jin, and Samsung C&T President Lee Seo-hyun—have entered the 100 trillion won range.
According to Korea CXO Institute, a corporations analysis institute, on the 11th, the stock valuation of the seven issues held by Chairman Lee Jae-yong—Samsung Electronics, Samsung C&T, Samsung Life Insurance, Samsung SDS, Samsung E&A, Samsung Fire & Marine Insurance, and Samsung Electronics preferred—came to 51.6593 trillion won. This is the first time it has exceeded 50 trillion won.
The chairman's stock assets first rose into the 20 trillion won range at 20.7178 trillion won on Oct. 10 last year. They settled at 30 trillion won (30.2523 trillion won) on Jan. 21 this year, and topped 40 trillion won (40.5986 trillion won) on Feb. 26, a month later. On this day, they ultimately crossed the 50 trillion won threshold as well.
As of the same day, Hong Ra-hee's stock assets stood at 20.8359 trillion won, President Lee Boo-jin at 20.1230 trillion won, and President Lee Seo-hyun at 19.0002 trillion won, in that order. The combined stock assets of these four, including Chairman Lee Jae-yong, totaled 111.6184 trillion won.
Oil-seon, head of the Korea CXO Institute, said, "The 100 trillion won stock valuation held by the four members of the Samsung family, including the chairman, ranks in the upper tier, enough to be included around the 30th among stock-rich individuals worldwide."