'5 Trillion Donation' Kakao's Kim Beom-su to Discuss Donation Plans with Employees at the End of This Month

[Asia Economy Reporter Kang Nahum] Kim Beom-su, chairman of the Kakao board, will hold an internal meeting at the end of this month to hear employees' opinions on property donation.

According to industry sources on the 15th, Chairman Kim will discuss ideas related to property donation at an internal employee meeting scheduled for the end of this month. The meeting is planned to be held online to prevent the spread of COVID-19, but the exact schedule has not been finalized.

Earlier, on the 8th, Chairman Kim stated regarding property donation, "I will continuously share specific plans with the crew members, gather ideas, and open opportunities."

Discussions between Chairman Kim and employees are a familiar culture at Kakao. He has often appeared at meetings such as new employee gatherings. The 'T500' meetings, held regularly on Thursdays at 5 PM, are also occasions where important matters are shared and open Q&A sessions take place.

Chairman Kim personally holds Kakao shares worth approximately 10 trillion KRW. The industry estimates that since he pledged to donate half of his assets, he is expected to donate assets worth about 5 trillion KRW. Therefore, it is anticipated that discussions at the meeting will also address social issues corresponding to the scale of the donation.

A Kakao official said, "Chairman Kim will listen to employees' opinions on property donation at the internal meeting at the end of this month," adding, "The method of donation has not been decided yet."

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