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Samsung Electronics Chairman's Stock Assets Top 18 Trillion Won

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Samsung Electronics Chairman Lee Jae-yong's stock portfolio exceeded 18 trillion Korean won for the first time on the 11th, reaching this milestone 100 days after the new administration took office. This increase resulted from Samsung Electronics' share price climbing 27 percent during this timeframe, adding 1.5196 trillion Korean won to his wealth.

Data from the Korea CXO Research Institute released on the 12th showed Lee's combined holdings across seven companies totaled 18.1086 trillion Korean won based on closing prices from the 11th. 

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His investments span Samsung Electronics, Samsung C&T, Samsung Life Insurance, Samsung SDS, Samsung E&A, Samsung Fire & Marine Insurance, and Samsung Electronics preferred stock.

When President Lee Jae-myung assumed office on June 4, Lee Jae-yong's equity holdings were worth 14.2852 trillion Korean won. The portfolio has grown 26.8 percent over the subsequent 100-day period.

Lee's stock wealth has not reached the 18 trillion Korean won threshold since he received inherited shares from his deceased father, Lee Kun-hee, in April 2021. The portfolio was valued at 15.6167 trillion Korean won immediately following that inheritance.

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Samsung Electronics drove the majority of this growth.

Lee's stake in Samsung Electronics was worth 7.1502 trillion Korean won as of the 11th, representing a 27 percent gain from the 5.6305 trillion Korean won valuation on June 4.

 

Samsung Life Insurance experienced substantial expansion as well, with share prices climbing from 108,800 won to 160,900 won over the identical timeframe. His ownership position increased dramatically by 47.9 percent, jumping from 2.2716 trillion Korean won to 3.3595 trillion Korean won, representing a gain exceeding 1 trillion Korean won within a mere three-month span.

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His Samsung C&T holdings appreciated 18.2 percent, growing from 5.3462 trillion Korean won to 6.3186 trillion Korean won, whereas Samsung SDS experienced a 23.1 percent uptick, advancing from 945.3 billion Korean won to 1.1639 trillion Korean won.

Oh Il-seon, head of the Korea CXO Research Institute, stated, “For Lee’s stock assets to reach the 20 trillion Korean won range, Samsung Electronics’ stock price would need to hit around 90,000 won, Samsung C&T around 200,000 won, and both Samsung Life Insurance and Samsung SDS around 170,000 won simultaneously.”

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