Lee Jae-yong's stock wealth jumps by 28 trillion won in three months... Chey Tae-won joins the '10 trillion won club' for the first time

[Financial News] As the domestic stock market remained buoyant, Lee Jae-yong, chairman of Samsung Electronics, saw his stock valuation rise by more than 28 trillion won in the second quarter of this year. Chey Tae-won, chairman of SK Group, also entered the '10 trillion won club' for the first time.
According to Yonhap News Agency and others on the 14th, the Korea CXO Research Institute released the results of its 'Survey on Changes in Stock Valuations of Major Conglomerate Heads in the Second Quarter of 2026.'
The survey covered 46 conglomerate heads from business groups overseen by the Korea Fair Trade Commission (KFTC) whose stock valuations exceeded 100 billion won as of the end of June this year. Second-quarter valuations were calculated based on closing prices on March 31 and June 30.

The survey found that the combined stock valuation of the 46 group heads rose 28% from 104.4301 trillion won at the end of March to 133.6207 trillion won at the end of June.
Lee Jae-yong's stock valuation increased by 28.2463 trillion won, from 30.9414 trillion won at the end of March to 59.1878 trillion won at the end of June, marking a 91.3% gain.
Over the same period, Chey Tae-won's stock valuation surged 176.9% from 3.9101 trillion won to 10.8259 trillion won, putting him in the '10 trillion won club' for the first time. The jump was largely driven by SK Group's share price, which soared from 301,000 won at the end of March to 834,000 won at the end of June. As of the end of June, Chey held stakes in six listed stocks, including SK Group, SK Telecom, SK Square, SK Discovery, and preferred shares of SK Chemicals. He was also reported to hold no direct shares of SK hynix.
By increase in value, following Lee Jae-yong and Chey Tae-won were Cho Hyun-joon, chairman of Hyosung Group, with 971.3 billion won; Koo Kwang-mo, chairman of LG Group, with 386.2 billion won; Park Jung-won, chairman of Doosan, with 279.9 billion won; Chung Eui-sun, chairman of Hyundai Department Store, with 260.1 billion won; Chung Eui-sun, chairman of Hyundai Motor Company, with 235 billion won; Shin Dong-bin, chairman of Lotte Group, with 118.6 billion won; and Koo Ja-eun, chairman of LS Group, with 117.7 billion won.
As of the end of June, 16 conglomerate heads had stock assets worth more than 1 trillion won, with Lee Jae-yong ranking first at 59.1878 trillion won.
They were followed by Seo Jung-jin, chairman of Celltrion Group, with 11.8944 trillion won; Chey Tae-won, with 10.8259 trillion won; Chung Eui-sun, with 7.7577 trillion won; Cho Hyun-joon, with 4.5523 trillion won; Chung Mong-joon, chairman of The Asan Foundation, with 4.1917 trillion won; Kim Beom-soo, founder of Kakao, with 3.6412 trillion won; Lee Dong-chae, founder of EcoPro, with 2.7263 trillion won; Bang Si-hyuk, chairman of HYBE, with 2.5263 trillion won; and Koo Kwang-mo, with 2.5185 trillion won.
Park Jung-won, chairman of Doosan, with 1.9673 trillion won; Lee Jay-hyun, chairman of CJ Group, with 1.9263 trillion won; Chang Byung-gyu, chairman of KRAFTON, with 1.8674 trillion won; Seo Kyung-bae, chairman of Amorepacific, with 1.6064 trillion won; Lee Hae-jin, chairman of Naver, with 1.2198 trillion won; and Chung Eui-sun, with 1.2019 trillion won, also joined the 1 trillion won club.

The total stock valuation of the 46 group heads rose 28% from 104.4301 trillion won to 133.6207 trillion won. However, if the gains of Lee Jae-yong and Chey Tae-won are excluded, the remaining 44 heads actually saw their combined stock valuations fall 8.6%. In fact, 28 of the 46 surveyed heads, or 60.9%, saw their stock wealth decline in the second quarter.
Oh Ilseon, head of the Korea CXO Research Institute, said, "Although conglomerate heads hold around 150 listed stocks in total, about two-thirds of them fell in price in the second quarter." He added, "In the third quarter, stocks that have risen more than their earnings may face corrections, and market volatility is likely to widen further as individual profit-taking and external factors overlap."
Meanwhile, Hong Ra-hee, honorary chair of Leeum Museum of Art, with 24.4193 trillion won; Lee Boo-jin, president of Hotel Shilla, with 23.4923 trillion won; Lee Seo-hyun, president of Samsung C&T Corporation, with 21.6393 trillion won; and Cho Jeong-ho, chairman of Meritz Financial Group Inc., with 10.322 trillion won, all surpassed 10 trillion won in stock assets, though they are not heads of business groups designated by the KFTC.
newssu@fnnews.com Kim Soo-yeon Reporter