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Increase in number of stocks held by children of major S. Korean conglomerate leaders Updated: 2021-10-27 13:34:09 KST

Data show ownership of South Korea's biggest companies is being passed on now in earnest to the next generation who are inheriting millions and billions of dollars in shares from their parents, who founded the companies.
According to the website CEO score, as of October, the next generation now own 43.six percent of all outstanding shares of Korea's 60 biggest conglomerates.
These include Samsung, Lotte and Shinsege.
That's an increase from two years ago of close to 10 percentage points.
The children of the late Samsung chairman Lee Kun-hee now own roughly 73 percent of the company having inherited this April.
That's up from a 34-percent share the year before Lee Kun-hee died.
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