Teenage Stock Billionaires Lose 6 Trillion Won in Share Value Within a Month
Chairman Chey Tae-won Decreases Most by 26%... Only Chairman Kim Beom-su Shows Increase Alone
[Asia Economy Reporter Park Jihwan] It has been revealed that the stock wealth of domestic stock tycoons has decreased by more than 6 trillion won over the past month. While the stock valuation of most of the top 10 stock tycoons declined, only Kim Beom-su, chairman of Kakao, saw an increase.
According to financial information company FnGuide on the 2nd, as of the 26th of last month, the stock value of the top 10 stock tycoons holding shares in domestic listed companies was 66.37 trillion won, down 6.6414 trillion won (9.10%) from 73.0114 trillion won on the 25th of the previous month. Considering that the KOSPI, which surpassed the 3,200 mark based on the closing price on January 25, fell by 6.11% during the same period, the decline in these stock tycoons' holdings was even steeper.
Among the top 10 stock tycoons, the only person whose stock wealth increased was Kim Beom-su, chairman of Kakao. His stock wealth rose by 176.5 billion won (3.06%) from 5.7628 trillion won to 5.9393 trillion won, thanks to Kakao's stock price surpassing 500,000 won for the first time.
On the other hand, the stock valuations of other stock tycoons all decreased over the month. The biggest decline was seen by Choi Tae-won, chairman of SK Group. His stock valuation dropped by 1.2004 trillion won (26.05%) from 4.6078 trillion won to 3.4075 trillion won. The decisive factor was SK's stock price falling from 355,000 won to 262,500 won, a decrease of 92,500 won (26.1%).
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Following him was Koo Kwang-mo, chairman of LG Group, who recently fell out of the 3 trillion won club, with a decrease rate of 15.02%. His stock value dropped by approximately 457 billion won from 3.0422 trillion won to 2.5851 trillion won. Other notable decreases included Chung Eui-sun, chairman of Hyundai Motor Group (-12.63%), Lee Jae-yong, vice chairman of Samsung Electronics (-11.78%), Chung Mong-koo, honorary chairman of Hyundai Motor Group (-11.06%), Hong Ra-hee, former director of Samsung Museum of Art Leeum (-7.72%), the late Lee Kun-hee, chairman of Samsung Group (-7.59%), Bang Jun-hyuk, chairman of Netmarble (-5.00%), and Seo Kyung-bae, chairman of Amorepacific (-3.57%). The late Lee Kun-hee, ranked first among stock tycoons, experienced the largest decrease in holdings, losing 1.9984 trillion won.
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