Recently, the slumping Korean stock market has even the richest heads in the entertainment field experiencing losses.
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According to reports based on chaebul.com, which is a site with information regarding the chaebuls or chaebeols�(conglomerates�and high net worth individuals),�YG Entertainment CEO�Yang Hyun Suk�lost 13.5% this year in the value of his stock holdings, totaling a loss of 29,980,000,000 KRW (approximately $26.5 million USD). But despite this, he's still ranked #1 overall in the entertainment field as he holds 192,760,000,000 KRW (approximately $170.4 million USD) in stock.
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Second place went to SM Entertainment founding chairman�Lee Soo Man, who saw a loss of 28.9% compared to 2012, or 54,900,000,000 KRW (approximately $48.5 million USD). He holds a net total of 140,120,000,000 KRW (approximately $123.9 million USD) in stock.
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In third place, Bae Yong Joon�(actor and CEO of Key East) was the only big entertainment label head that saw an increase this year, as his stock holdings went up 36.6% to 34,820,000,000 KRW (approximately $30.8 million USD).
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Meanwhile, JYP Entertainment's J.Y. Park's stock value fell 15.1% to 6,280,000,000 KRW (approximately $5.5 million USD).
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Source: Yonhap News via Nate�
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