[Public Officials' Assets] Park Young-sun, Minister of SMEs, Holds 5.3 Billion Won... Increased by 1 Billion Won in One Year

Park Young-sun, Minister of SMEs and Startups

[Asia Economy Reporter Kim Daeseop] Park Young-sun, Minister of SMEs and Startups, reported assets totaling 5,314,740,000 KRW, an increase of 1,023,710,000 KRW compared to last year.

According to the high-ranking public officials' asset changes as of the end of 2019, disclosed by the Government Official Ethics Committee through the official gazette on the 26th, Minister Park's asset status was calculated as such.

In the previous regular asset change announcement, Minister Park reported assets of 4,291,020,000 KRW. The increase in assets this time was influenced by the rise in real estate such as a detached house held under her name and deposits under her spouse's name.

The value of buildings owned by Minister Park and her spouse rose from 2,481,350,000 KRW to 3,296,410,000 KRW, an increase of 815,060,000 KRW. Deposits were reported at 2,221,930,000 KRW, up 277,090,000 KRW from last year.

The detached house located in Yeonhui-dong, Seodaemun-gu, Seoul, held under Minister Park's name, increased in value from 1,000,000,000 KRW to 1,390,000,000 KRW due to an increase in the publicly announced price. The apartment in Akasaka, Minato-ku, Tokyo, Japan, owned by her spouse, rose by 271,160,000 KRW to 973,410,000 KRW.

Additionally, deposits under her spouse's name increased from 826,000,000 KRW to 1,097,050,000 KRW, a rise of 271,050,000 KRW.

Meanwhile, Kim Hak-do, former Vice Minister who recently retired from the Ministry of SMEs and Startups, reported assets of 1,064,880,000 KRW, an increase of 23,460,000 KRW compared to last year.

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