There Are a Total of 14 Minors Holding Stocks Worth Over 10 Billion Won

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[Asia Economy Reporter Kum Bo-ryeong] Among minors under the age of 19 who own shares of listed companies in Korea, the wealthiest stockholder was found to hold stocks worth around 70 billion KRW.


According to financial information firm FnGuide on the 30th, as of the 27th, the minor with the highest valuation of shares in domestic listed companies was the children of Jung Seong-jae, CEO of Classys. Classys is a company specializing in beauty medical devices.


Jung's 16-year-old and 14-year-old children each hold 8.5% of Classys' shares. The valuation of their stocks was 71.465 billion KRW.


Following them, the 7-year-old grandchild of Jung Ji-wan, chairman of Soulbrain Holdings, was listed among the wealthy minor shareholders. The valuation of this grandchild's stocks was 54 billion KRW.


Seven grandchildren of the late Lim Seong-gi, chairman of Hanmi Pharmaceutical, who passed away earlier this month, each held stocks worth about 40 billion KRW. Their ages range from 12 to 17 years old.


A total of 14 minors were recorded as holding stocks worth over 10 billion KRW.


Among the wealthy minor shareholders holding stakes in listed companies, many infants and toddlers who were born recently were also confirmed.


There are a total of 93 shareholders aged 7 or younger disclosed in the special relationship shareholding reports of major shareholders of listed companies, with an average holding valuation of 917 million KRW.


There were also 4 shareholders aged 1 year who owned stocks worth several tens of millions of KRW. A 1-year-old shareholder of HiSteel holds stocks worth 500 million KRW.



Second and fifth-generation shareholders of Hanil Steel each hold stocks worth 1.1 billion KRW, and third and fourth-generation shareholders of Sempio Foods also hold stocks worth over 1.2 billion and 1.4 billion KRW respectively.


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

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