Samsung PINK:SSNLF Chairman’s stock holdings + 32.5% in 2012
Samsung PINK:SSNLF Chairman’s stock holdings + 32.5% in 2012
HYMLF
The value of stocks held by Samsung Electronics, KS:005930, Chairman Lee Kun-hee rose 32.5% last year thanks to rising prices in Samsung Electronics shares, a local source said Wednesday.
Stocks owned by Chairman Lee, including a 3.38% stake in Samsung Electronics, were valued at 11.65-T Won (US$10.98-B) as of 28 December, the last trading day of Y 2012, + 32.5% from a year earlier, according corporate information provided by www.Chaebol.com.
The increase was attributable to a surge in Samsung Electronics share prices that topped the 1.5-M Won mark to reach the record high. Shares in Samsung settled at a record closing high of 1,576,000 Won on Wednesday, + 3.5% from the previous session.
Chairman Lee retained his position as the richest stock holder in the country for the 3rd year running.
Lee’s wife Hong Ra-hee saw her stock holdings valued at 1.65-T Won as of 28 December, + 43.9% from a year before. She ranks 9th among stock-rich billionaires. The Chairman’s only son, Lee Jae-yong owned stocks worth 1.28-T Won, becoming the 13th-richest stock holder.
Hyundai Motor Group PINK:HYMLF, KS:06657011, Chairman Chung Mong-koo ranked 2nd with his stock holdings reaching 6.7-T Won as of 28 December He was followed by his son and Vice Chairman of Hyundai Motor Chung Eui- sun, whose stock holdings amounted to 3.05-T Won.
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