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Samsung chairman Lee's assets top 13 tln won


SEOUL, July 1 (Yonhap) -- Lee Kun-hee, the chairman of South Korea's most valuable firm Samsung Electronics Co., saw his assets reach nearly 13 trillion won (US$11.3 billion) in May, data showed Monday.

Lee maintained the status as the richest South Korean with his shares in Samsung Group's listed firms and non-listed units, along with property assets throughout the country, according to data compiled by, which tracks local conglomerates.

Hyundai Motor Group Chairman Chung Mong-koo ranked second with the value of his assets reaching 6.8 trillion won in May, trailed by Samsung Electronics Vice Chairman Lee Jay-yong with 3.8 trillion won.

Hyundai Motor Vice Chairman Chung Eui-sun came next with 3.4 trillion won, followed by Lotte Group chairman Shin Dong-bin with 2.3 trillion won.

South Korea held a total of 28 people whose assets hover above 1 trillion won as of end-May, while 22 of them gained wealth through inheritance.

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