Andeokgeun, Minister of Industry, Reports Assets of 4.6 Billion Won... Decrease of 180 Million Won from Previous Year [2025 Asset Disclosure]

Minister Andeok Geun of the Ministry of Trade, Industry and Energy is speaking on current issues at the Supply Chain Stabilization Committee held at the Government Seoul Office in Jongno-gu, Seoul on the 25th. 2025.3.25 Photo by Jo Yongjun

Andeok Geun, Minister of Trade, Industry and Energy, reported total assets of 4.6834 billion KRW under his and his family's names this year. This is approximately 183 million KRW less than the previous year.

According to the 2025 high-ranking public officials' asset changes disclosed by the Government Ethics Committee on the 27th, Minister Andeok made changes to his asset composition by newly purchasing an apartment in Woseong Character 199, Gangnam-gu, Seoul (82㎡ exclusive area) under joint ownership with his spouse. The existing leasehold right for Tower Palace in Dogok-dong was excluded from the asset list due to contract expiration.

Besides real estate, Minister Andeok reported deposits worth approximately 134.5 million KRW. He owns a 2018 Porsche Macan, which was valued at about 25.3 million KRW.

Securities worth about 63 million KRW were reported under the names of himself, his spouse, and children. However, stocks under his name were valued at zero due to sales and depreciation, and stocks under his spouse's name also decreased compared to the previous year due to partial sales and value decline.

Additionally, under his spouse's name, a Yongpyong Resort membership worth 13.5 million KRW and a jeonse deposit debt of 60 million KRW were included.

The total assets decreased from 4.79148 billion KRW to 4.6834 billion KRW, with the actual value change being approximately 27 million KRW.

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