It was found that there are 30 major domestic corporations executives who hold over 10 billion won in shares, despite not being business owners. Among them, 4 individuals were categorized as "non-owner stock tycoons" holding over 100 billion won in stock assets.
On the 19th, Korea CXO Research Institute, a corporate analysis specialist, announced the results of an analysis of non-owner executives and major shareholders' stock holdings of 151 listed companies with a market capitalization of over 2 trillion won as of the 2nd of this month.
The analysis revealed that approximately 6% of non-owner executives, totaling 201 individuals, hold stock values exceeding 1 billion won, with 30 individuals possessing more than 10 billion won in shares. This is an increase of 3 individuals compared to the previous year.
The top spots were occupied by individuals from the gaming company KRAFTON. Kim Jeong-hoon, CEO of Rising Wings, holds 843,275 shares of KRAFTON, valuing approximately 324.6 billion won, placing him first among non-owner stock millionaires. Kim Hyeong-jun, CEO of Injoy Studio, follows with 273.3 billion won (2nd), and Kim Chang-han, CEO of KRAFTON, ranks 3rd with 213.3 billion won.
The 4th and 5th places were taken by individuals from the robotics company Rainbow Robotics. Lee Jeong-ho, CEO, holds over 710,000 shares worth 193.7 billion won, ranking 4th, while Heo Jeong-woo, a CTO, holds shares valued at 9.8 billion won, placing him 5th. Lim Jeong-su, another CTO from the same company, also made the top ranks with 58.7 billion won (8th).
In the financial sector, Kim Yong-beom, vice chairman of Meriz Financial Group, is the non-owner with the highest stock value at 49 billion won, while Lee Jae-cheon, vice president of ABL Bio in the pharmaceutical and bio sector, holds shares worth 50 billion won, highlighting his presence. Additionally, a total of 8 non-owner executives in the pharmaceutical sector have been named in the "100 billion won club."
By age group, those born in the 1970s made up the largest number with 13 individuals, followed by 10 born in the 1960s.
Meanwhile, major corporate registered executives including Roh Tae-Moon, president of Samsung Electronics (1.5 billion won), Kwak Noh-jung, president of SK hynix (1 billion won), and Jose Munoz, president of Hyundai Motor Company (1.8 billion won), also hold considerable amounts of shares.
Oil-sen, head of Korea CXO Research Institute, noted, "Unlike business owners, the phenomenon of non-owner executives being stock affluent appears more prominently in gaming and pharmaceutical sectors rather than in top-revenue corporations."