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Lee Soo Man's stocks have jumped $20 million USD in appraised value this year

Posted by VITALSIGN42 pts Saturday, February 19, 2011

Despite being just two months into 2011, the appraised value of SM Entertainment's Lee Soo Man's stocks has jumped $20 million USD thanks to the achievements of SNSD and TVXQ, placing his total appraised value at $88 million USD as of February 18th. Lee owns 24.43% of SM Entertainment's stock (which makes him the largest shareholder), and he became the first ever Korean entertainer to hit the $100 million USD mark in stocks on November 1st.  Lee closed the year off on December 30th with a decrease, recording at $68.3 million USD.  On February 17th, however, SM's stocks recorded at $21.75 USD, bringing the total appraised value of his stocks back up to $88 million USD. Thanks to the success SNSD and TVXQ have been achieving both in Korea and overseas, industry representatives have interpreted the $20 million jump to mean that he will easily record back into the $100 million rank sometime this year. Source: Newsen, Star News via Daum

  1. TVXQ
  2. SM ENTERTAINMENT
  3. LEE SOO MAN
  4. SNSD
  5. STOCKS
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