SEOUL, July 1 – Samsung Electronics Chairman Lee Kun-hee (photo) maintained a position as South Korea’s richest man with assets of around 13 trillion won (US$11 billion), a local information provider said Monday.
Lee’s assets were valued at 12.83 trillion won (US$11.3 billion) as of May, including listed shares such as Samsung Electronics and non-listed stocks as well as real estate across the country, says China’s Xinhua news agency citing data by corporate information provider Chaebol.com.
Hyundai Motor Group Chairman Chung Mong-koo ranked second with his assets worth 6.82 trillion won (US$5.99 billion), followed by Samsung Electronics Vice Chairman Lee Jae-yong with 3.86 trillion won (US$3.39 billion).
Combined assets from five Samsung family members, including Lee’s wife Hong Ra-hee, and the chairman’s only son Jae-yong, topped 20 trillion won (US$17.56 billion), according to the data.
Chung Eui-sun, Hyundai Motor vice chairman and son of Hyundai Motor Group Chairman Chung, ranked fourth with assets worth 3.48 trillion won (US$3.06 billion). It was trailed by Lotte Group Chairman Shin Dong-bin with 2.39 trillion won (US$2.1 billion).
– BERNAMA
