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Value of Stock Holdings of 100 Wealthiest Shareholders Tops 100Tln Won

Written: 2017-04-30 13:20:29Updated: 2017-04-30 20:21:40

Value of Stock Holdings of 100 Wealthiest Shareholders Tops 100Tln Won

The value of stock holdings of the country’s 100 wealthiest shareholders surpassed 100 trillion won as South Korea’s benchmark KOSPI is about to hit a new record.

According to the data by Chaebul.com and Korea Exchange, the top 100 shareholders were holding shares in the local market worth 100-point-eight trillion as of Friday, up seven-point-seven percent from early January. They saw the value of their shares increase by one-point-eight trillion won per month for the past four months.

Samsung Electronics Chairman Lee Kun-hee witnessed the largest growth, as the value of his shares jumped 14-point-seven percent to 16-point-36 trillion won over the four months.

The value of shares held by Samsung’s heir apparent Lee Jae-yong also increased four-point-four percent to six-point-nine trillion won over the period.

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