Chairman Lee Kun-hee Earns 2 Trillion Won in One Month Amid Samsung Electronics Stock Surge

[Asia Economy Reporter Kim Eun-byeol] As Samsung Electronics' stock price continues to hit record highs, the value of shares held by Samsung Electronics Chairman Lee Kun-hee and the National Pension Service has surged by approximately 2 trillion won and 6 trillion won respectively within about a month since December last year.

According to the Korea Exchange on the 12th, the value of Chairman Lee's Samsung Electronics shares (4.18% common stock, 0.08% preferred stock) was estimated at 14.8619 trillion won based on the closing price on the 10th. Compared to the end of November last year (12.5638 trillion won), this is an increase of 2.2981 trillion won (18.29%).

The value of shares held by Lee's spouse, Hong Ra-hee, former director of the Samsung Museum of Art Leeum, also increased by 498.2 billion won (from 2.7239 trillion won to 3.2221 trillion won), and the value of shares held by their eldest son, Samsung Electronics Vice Chairman Lee Jae-yong, rose by 386.6 billion won (from 2.1036 trillion won to 2.5002 trillion won).

During the same period, the National Pension Service's Samsung Electronics shares also jumped from 32.407 trillion won to 38.4316 trillion won, an increase of 6.0245 trillion won (18.59%). The National Pension Service slightly increased its Samsung Electronics stake during this period, resulting in a higher rate of increase in share value than Chairman Lee.

In the fourth quarter of last year, the National Pension Service raised its Samsung Electronics shareholding from 9.14% to 9.55%, benefiting significantly from the sharp rise in Samsung Electronics' stock price.

Since December last year, the price of Samsung Electronics common stock has risen 18.29%, and preferred stock has increased 18.85%. As a result, both common and preferred stocks set new all-time closing price records on the 9th and 10th consecutively.

The sharp rise in Samsung Electronics' stock price is due to growing expectations that the semiconductor market will recover, as DRAM spot prices have recently turned upward. Samsung Electronics' preliminary operating profit for the fourth quarter of last year was 7.1 trillion won, about 9% higher than the securities firms' consensus forecast of 6.5 trillion won, further boosting expectations for semiconductor market recovery and improved earnings.

This content was produced with the assistance of AI translation services.