Chairman Park Hyun-joo of Mirae Asset Pledges 25% Donation of Mirae Asset Consulting Shares

Mirae Asset Group announced on the 2nd that Chairman Park Hyun-joo has pledged to donate Mirae Asset Consulting shares to foster talent in South Korea.

On December 26 last year, Chairman Park signed a donation agreement with the Mirae Asset Hope Foundation at Mirae Asset Center One. Chairman Park promised to donate up to 25% of Mirae Asset Consulting shares to the Mirae Asset Hope Foundation in the future.

The Mirae Asset Hope Foundation is a foundation established by Chairman Park in honor of his parents' wishes. Since its establishment in 1998, it has been carrying out various social contribution projects, such as providing scholarships for academic and self-development support to domestic university students.

Overseas, entrepreneurs actively fulfill social responsibilities through charitable organizations and foundations within their groups. Bill Gates, the founder of Microsoft (MS), has been conducting various charitable activities by donating MS shares and proceeds since establishing the Bill & Melinda Gates Foundation in 2000.

Chairman Park plans to make the donation when regulations related to stock ownership by public interest corporations are eased. The pledge to donate shares can be seen as an expression of Chairman Park’s intention to adopt a professional management system rather than second-generation management. He stated that although his children will hold shares and participate on the board of directors, the company’s management will be entrusted to professional managers.

After founding Mirae Asset, Chairman Park will also donate shares of Mirae Asset Capital and Mirae Asset Global Investments through future family consultations to realize the purpose of contributing to society by establishing a foundation.

Chairman Park said, "I hope that the shares donated to the Mirae Asset Hope Foundation will be used for the development of science and technology, which is the foundation of the Korean economy, and for nurturing young talent."

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