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How much money did Lee Soo Man and Yang Hyun Suk lose from recent Korean stock market downturn?

By jennywill   Wednesday, June 19, 2013   51,002   464   91

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Recently, the slumping Korean stock market has even the richest heads in the entertainment field experiencing losses.

 

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.

 

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.

 

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).

 

Meanwhile, JYP Entertainment's J.Y. Park's stock value fell 15.1% to 6,280,000,000 KRW (approximately $5.5 million USD).

 

Source: Yonhap News via Nate 

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    Tags:

    1. misc.
    2. lee soo man
    3. yg entertainment
    4. yang hyuk suk
    5. sm entertainment

    aulkh Saturday, June 22, 2013

    the zeros

    wow *gaps

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    aulkh Saturday, June 22, 2013

    look at the '0'.. so much

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    aulkh Saturday, June 22, 2013

    look at the '0'.. so much

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    hiroonakamura Thursday, June 20, 2013

    though Lee Soo Man lost 1/3 of his stock value, I just can't feel bad for a man who tried misused so many young idols and made them into "slaves" of SME.

    Karma

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    morninglory248 Thursday, June 20, 2013

    You clearly don't know anything about LSM. Almost all the SM artists (yes, even TVXQ, Shinhwa, H.O.T who are not part of SM anymore) think of him as their father and thank him all the time. I've seen videos of him interacting with the idols and he's a really humble guy. Stop painting him as an evil guy when you know nothing. He hasn't been CEO for years now.

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    cuteemcdeck Thursday, June 20, 2013

    we win some we lose some..sadly the normal people like us are on the losing side because of these damn taxes...soon they're gunna charge us for putting on under wear we already bought taxes

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    Julehh Thursday, June 20, 2013

    WOW. What huge sums of money.... ;

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    haiosh Thursday, June 20, 2013

    Damn they are so rich !

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    aardbei Thursday, June 20, 2013

    The stock markets are unsteady everywhere in the world because of the international economic crisis!!

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    sarahshawol Thursday, June 20, 2013

    Stock is not everything ;)

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    strangeamygirl Thursday, June 20, 2013

    It's just a number. ;

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