Samsung Chairman Lee Jae-yong remains richest stockholder in Korea

Samsung Electronics Chairman Lee Jae-yong retained his position as Korea's wealthiest stockholder in the first quarter of the year, a corporate tracker said Wednesday. Lee's stock holdings were valued at 12.23 trillion won ($8.26 billion) as of end-March, the highest among 43 heads of local conglomerates on the Fair Trade Commission's watchlist, according to Korea CXO Institute. The list includes individuals with stock holdings exceeding 100 billion won. The value of his stock holdings rose slightly from 12 trillion won at the start of the year. Lee was followed by Seo Jung-jin, chairman of pharmaceutical giant Celltrion, with stocks valued at 9.78 trillion won. Kim Beom-su, founder of Kakao, Korea's top mobile messenger operator, came next with 4.12 trillion won. Hyundai Motor Group Chair Euisun Chung placed fourth with 3.8 trillion won, while Hybe Co. Chairman Bang Si-hyuk ranked fifth with 3.1 trillion won. SK Group Chairman Chey Tae-won held stocks worth 1.68 trillion won, and LG Group Chairman Koo Kwang-mo held 1.62 trillion won. The institute said the combined value of stocks held byWeiter zum vollständigen Artikel bei Korea Times Weiter zum vollständigen Artikel bei Korea Times