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S Korean conglomerate family members earn 13 trln won in shares

07-01-2011 14:53 BJT

SEOUL, July 1 (Xinhua) -- Family members of South Korea's top 30 conglomerates earned 13 trillion won (12.22 billion U.S. dollars) from their holdings of shares over the past year, a report showed Friday.

The value of shares held by family members of top 30 conglomerates by assets reached 53.1 trillion won as of Thursday, up 12.5 trillion won from 40.6 trillion won from a year earlier, according to the report by Chaebol.com, the Internet site tracking the country's conglomerates.

Including the dividend payments of 0.5 trillion won, family members of top conglomerates reaped 13 trillion won over the past year.

Hyundai Motor Group family members ranked first by pocketing 3.84 trillion won in dividend income and capital gains over the cited period, followed by Hyundai Heavy Industries with 1.8 trillion won, Lotte Group with 1.61 trillion won and SK Group with 1.12 trillion won.

Family members of the country's largest conglomerate Samsung Group merely earned 222.8 billion won from their shareholdings due to slower gains in share prices.

Editor:Wang Xiaomei |Source: Xinhua

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