ID :
211900
Mon, 10/10/2011 - 06:13
Auther :
Shortlink :
https://www.oananews.org//node/211900
The shortlink copeid
Number of S. Koreans with over 1 tln won in assets rises
SEOUL (Yonhap) - The number of wealthy South Koreans with assets of more than 1 trillion won (US$852 million) rose 32 percent this year from a year earlier with two self-made businessmen making the top 10 list for the first time, data showed Monday.
The number of Koreans whose wealth topped 1 trillion won reached 25 this year, up from 19 tallied in 2010, according to the data by research firm Chaebul.com. Among those wealthy Koreans, six businessmen made their fortunes through their own efforts, not by inheritance.
The data is based on an assessment of the value of shareholders' equity, dividend and real estate for 1,813 listed firms and 14,289 unlisted companies. It excluded the value of deposits and other non-registered assets like jewelry.
Two self-made businessmen -- Park Hyeon-joo, president of Mirae Asset Financial Group, and Kim Jung-ju, founder of Korea's largest game maker Nexon -- went on the list of Korea's top 10 richest men for the first time, according to the data.
Heads of family-owned conglomerates, or chaebol, are mostly listed as richest people in South Korea, so market watchers said that a rise in the number of self-made wealthy Koreans indicates the power of newly emerging entrepreneurs.
Park ranked sixth with personal assets worth 2.5 trillion won this year, up 1.28 trillion won from the previous year and Kim at Nexon came in eighth with 2.34 trillion won, according to the data.
Lee Kun-hee, chairman of Samsung Electronics Co., was South Korea's richest man with assets of 8.5 trillion won, followed by Hyundai Motor Group Chairman Chung Mong-koo with 7.2 trillion won. SK Group Chairman Choi Tae-won ranked third with 3.25 trillion won, it said.
The number of Koreans whose wealth topped 1 trillion won reached 25 this year, up from 19 tallied in 2010, according to the data by research firm Chaebul.com. Among those wealthy Koreans, six businessmen made their fortunes through their own efforts, not by inheritance.
The data is based on an assessment of the value of shareholders' equity, dividend and real estate for 1,813 listed firms and 14,289 unlisted companies. It excluded the value of deposits and other non-registered assets like jewelry.
Two self-made businessmen -- Park Hyeon-joo, president of Mirae Asset Financial Group, and Kim Jung-ju, founder of Korea's largest game maker Nexon -- went on the list of Korea's top 10 richest men for the first time, according to the data.
Heads of family-owned conglomerates, or chaebol, are mostly listed as richest people in South Korea, so market watchers said that a rise in the number of self-made wealthy Koreans indicates the power of newly emerging entrepreneurs.
Park ranked sixth with personal assets worth 2.5 trillion won this year, up 1.28 trillion won from the previous year and Kim at Nexon came in eighth with 2.34 trillion won, according to the data.
Lee Kun-hee, chairman of Samsung Electronics Co., was South Korea's richest man with assets of 8.5 trillion won, followed by Hyundai Motor Group Chairman Chung Mong-koo with 7.2 trillion won. SK Group Chairman Choi Tae-won ranked third with 3.25 trillion won, it said.
