Compensation of South Korean Chaebol Leaders for First Half of Year Exposed: Samsung Group Chairman Lee Jae-yong Still Received No Salary, SK Group Chairman Choi Tae-won Earned 1.75 Billion Won.
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Regulatory filings show that Samsung Electronics Chairman Lee Jae-yong continued to forgo his salary from Samsung Electronics in the first half of this year, a practice he has maintained since 2017. SK Group Chairman Choi Tae-won received 1.75 billion won (approximately RMB 8.36 million) from the group’s holding company SK Inc. Doosan Group Chairman Park Jeong-won had the highest compensation in the first half, at 45.58 billion won (approximately RMB 218 million). Hanwha Group Chairman Kim Seung-youn took home 11.58 billion won (approximately RMB 55.3 million) from group subsidiaries, while Lotte Group Chairman Shin Dong-bin received 11.2 billion won (approximately RMB 53.5 million). LG Group Chairman Koo Kwang-mo got 4.83 billion won (approximately RMB 23.1 million). Hyundai Motor Group Executive Chairman Chung Euisun received 2.25 billion won (approximately RMB 10.75 million) from Hyundai Motor, 1.35 billion won (approximately RMB 6.45 million) from Kia, and 0.9 billion won (approximately RMB 4.3 million) from Hyundai Mobis.
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