Industry data released on Tuesday reveals that the value of shares held by Samsung Electronics Chairman Lee Jae-yong surged by 28 trillion won (approximately $186.9 billion) compared to three months prior, as the South Korean stock market reached record highs in the second quarter.
According to figures from the market tracker Korea CXO Institute, the total market value of Lee Jae-yong's holdings stood at 59.18 trillion won as of the end of June, a significant increase from 30.94 trillion won at the end of March.
The findings indicate that Lee Jae-yong's absolute gain in stock asset value was the highest among the leaders of major South Korean conglomerates for the quarter.
However, SK Group Chairman Chey Tae-won saw the largest percentage increase. The total market value of his holdings soared by 176.9% to 10.83 trillion won as of the end of June, up from 3.91 trillion won three months earlier.
The survey covered 46 heads of large business groups, selected based on having a stock asset value exceeding 100 billion won as of the end of June. The statistics encompass shares directly held by the executives in listed companies, as well as indirect holdings through unlisted affiliates.
Other executives whose equity assets rose by more than 20% included LS Group Chairman Koo Cha-eun, with a 34.1% gain, and Hyundai Department Store Group Chairman Chung Ji-sun, with a 27.6% increase.
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