The value of stocks held by Samsung Electronics Chairman Lee Kun-hee reached around 10 billion U.S. dollars thanks to surging prices in Samsung Electronics shares, a local information provider said Tuesday. Stocks owned by Chairman Lee, including a 3.38 percent stake in Samsung Electronics, were valued at 10.86 trillion won (9.8 billion U.S. dollars) as of last Friday, making Lee the richest stock holder in the country, according to corporate information provider Chaebol.com. The value was up 22.2 percent from Jan. 2 due to a surge in Samsung Electronics share prices that jumped 24.6 percent over the cited period along with brisk sales of Galaxy smartphone series. Lee's wife Hong Ra-hee saw her stock holdings valued at 1.46 trillion won, ranking 10th among stock-rich billionaires, while the chairman's only son Lee Jae-yong owned stocks worth 1.13 trillion won. Shares owned by Lee's family members totaled 13.44 trillion won as of Friday. Hyundai Motor Group Chairman Chung Mong-koo ranked second with his holdings reaching 7.35 trillion won as of Friday, up 12.9 percent from Jan. 2. He was followed by his son and Vice Chairman of Hyundai Motor Chung Eui-sun, whose stock holdings amounted to 3. 4 trillion won.
GMT 11:02 2018 Tuesday ,11 December
ASE opens trading on lower noteGMT 15:40 2018 Monday ,10 December
Amman stock market closes trading at JD4.4 millionGMT 19:10 2018 Wednesday ,05 December
Index at Palestine stock market drops by less than one pointGMT 17:58 2018 Sunday ,25 November
Amman stock market wraps up trading at JD2.6 millionGMT 14:24 2018 Thursday ,22 November
Russia’s stock market demonstrates record-breaking figures in 2018GMT 11:45 2018 Tuesday ,20 November
Tokyo stocks close lower as tech issues weigh, Nissan tumblesGMT 15:08 2018 Monday ,19 November
Amman stock market wraps up trading at JD6.1 millionGMT 15:51 2018 Sunday ,18 November
U.S. stocks post weekly losses amid tech shares routMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor