SEOUL, 30 Dec. (Yonhap) – Lee Jae-yong, vice chairman of global tech giant Samsung Electronics, has emerged as the richest shareholder in South Korea after his father’s death, market tracker CEO said on Wednesday. Score.
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The value of shares held by Lee rose to 9.1 trillion won ($ 8.3 billion) on Tuesday, a jump from 7.4 trillion won at the end of last year, according to CEO Score.
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Lee Kun-hee, Jae-yong’s father, died on October 25 at the age of 78, more than six years after being hospitalized with a heart attack.
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The late Samsung chairman was the richest shareholder in the country for the past 10 years, with his stock value reaching 17.7 trillion won at the end of October.
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Lee Jae-yong’s stock value does not include the stock assets he will inherit from his late father.
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Son Lee was followed by Honorary Chairman of Hyundai Motor Group Chung Mong-koo, with 4.9 trillion won, up almost 1,000 billion won from the start of the year.
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Kim Beom-su, founder and head of the operator of the country’s leading messaging app, Kakao Corp., came in third with shares worth 4.8 trillion won, 2.9 trillion won more than early 2020.
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CEO Score said the ranking of the country’s richest shareholders could change dramatically if the family members of the late Samsung president inherit their share.
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Hong Ra-hee, the late business mogul’s wife, could see her stock value jump to 12.1 trillion won to become the second richest person in the country. It currently ranks fourth in the ranking of the richest shareholders in the country.
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The two daughters of the late Lee, namely Boo-jin, president of Hotel Shilla Co., and Seo-hyun, head of the Samsung Welfare Foundation, could both obtain the title of third richest shareholder in South Korea, each with shares equivalent to 7.2 trillion won. They are now in 12th place in the ranking.
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