KOSPI Surges Past 7,800... Samsung Electronics Chairman Lee Jae-yong's Stock Valuation Exceeds KRW 51 Trillion

Samsung Electronics Valuation Soars Fivefold Since Start of Current Administration
Samsung Family's Combined Stock Assets Enter KRW 100 Trillion Range

On May 11, the KOSPI surged by over 4%, surpassing the 7,800 mark, and the combined stock wealth of the Samsung family entered the 100 trillion won range.

Samsung Electronics Chairman Lee Jae-yong is departing through Seoul Gimpo Business Aviation Center (SGBAC) in Gangseo-gu, Seoul on the 19th of last month to accompany the economic delegation to India and Vietnam. Photo by Yonhap News

The Korea CXO Institute, a corporate analysis firm, announced that as of May 11, the stock valuation of four members of the Samsung family, including Samsung Electronics Chairman Lee Jae-yong, reached 111.6184 trillion won.

The value of Chairman Lee's holdings in seven stocks, including Samsung Electronics and Samsung C&T, totaled 51.6593 trillion won on this day. Since his stock wealth surpassed the 20 trillion won mark in October last year, it has continued its steep upward trend, exceeding 30 trillion won in January of this year and 40 trillion won in February.

This increase was primarily driven by the sharp rise in Samsung Electronics' stock price. The valuation of the 97,414,196 shares of Samsung Electronics owned by Chairman Lee was calculated at 27.8117 trillion won as of this day. This is about five times higher than the 5.6305 trillion won recorded on June 4 last year, when the current government took office, representing a 393.9% increase in stock valuation during this period.

The stock wealth of other family members also rose across the board. Hong Ra-hee, Honorary Director of the Leeum Museum of Art, held stock worth 20.8359 trillion won, Lee Boo-jin, President of Hotel Shilla, held 20.123 trillion won, and Lee Seo-hyun, President of Samsung C&T, held 19.002 trillion won. The total combined stock wealth of these four family members amounted to 111.6184 trillion won.

Oilseon Oh, head of the Korea CXO Institute, stated, "The stock valuation of 100 trillion won held by the four Samsung family members ranks among the top 30 globally," adding, "This not only signifies the increase in the Samsung family's stock wealth, but also serves as evidence that the Korean stock market is entering the ranks of advanced markets at a rapid pace, built on trust."

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