[Public Officials' Asset Disclosure] Bang Gi-seon, 1st Vice Minister of Economy and Finance, Reports 4.7 Billion KRW... Mostly Real Estate

[Image source=Yonhap News]

[Asia Economy Sejong=Reporter Kim Hyewon] Bang Giseon, the 1st Vice Minister of Strategy and Finance, reported assets worth approximately 4.7 billion KRW.

According to the "High-ranking Public Officials' Asset Registration Status" published in the government gazette by the Government Ethics Committee on the 26th, Vice Minister Bang reported assets totaling 4,703,270,000 KRW.

The largest portion of the assets was real estate. He reported buildings worth about 4.6 billion KRW, including an apartment he owns in Gangnam-gu, Seoul (1,806,000,000 KRW) and a building under his spouse's name (2,810,090,000 KRW).

He also reported deposits under his name (110,830,000 KRW), his spouse's (19,810,000 KRW), eldest son’s (20,980,000 KRW), and eldest daughter’s (25,740,000 KRW). Together with his spouse and children, he holds stocks worth 113,580,000 KRW in companies such as Samsung Electronics, Lotte Rental, and Naver.

He also declared a gym membership under his name valued at 4,000,000 KRW. His mother, who maintains an independent livelihood, refused to disclose her assets.

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