Samsung Family Assets Double in One Year... Rises to 3rd Wealthiest Family in Asia

The assets of the Samsung owner family more than doubled in one year, rising to become the third wealthiest in Asia.

According to Bloomberg News on April 29, citing the Bloomberg Billionaires Index, the value of the Samsung family’s assets reached 45.5 billion dollars as of March, more than doubling from 20.1 billion dollars a year earlier.

As recently as last year, the Samsung family ranked 10th in terms of wealth. However, with the artificial intelligence (AI) boom fueling expectations for increased semiconductor demand, Samsung Electronics stocks surged by more than 126% over the past year. This propelled the Samsung family’s ranking to third place in Asia. The top two positions are held by the Ambani family, who lead India’s Reliance Group, and the Kwok family of Hong Kong property developer Sun Hung Kai Properties (SHKP).

Bloomberg also noted that the Samsung family’s influence on the Korean economy has grown. The combined revenue of Samsung’s seven major affiliates, including Samsung Electronics, accounted for 19.3% of South Korea’s gross domestic product (GDP) in 2025. Ten years ago, this figure was 15.1%.

However, Bloomberg assessed that the growth in the Samsung family’s assets also underscores a widening gap amid the rally in Korean stock markets. President Lee Jaemyung made “reducing the Korea Discount” (the undervaluation of Korean stocks) and “improving the transparency of conglomerates” key campaign pledges. Expectations for reforms to protect minority shareholders contributed to the Korean stock market delivering the world’s best performance over the past year.

Nevertheless, critics argue that more fundamental changes are needed to narrow the gap with major global markets. Last month, Morgan Stanley stated in a report that Samsung lags behind other domestic conglomerates in presenting value-up plans to investors.

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