- CNTV English - CCTV News

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, 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

Hot Videos view more

The celebrations are still continuing as the victorious coach, Joachim Loew, has been honored for his achievement in his hometown of Freiburg.
Germany coach Loew honored in hometown of Freiburg

Chinese men´s national team continued its preparations for next year´s Asian Cup, as they managed a one-all draw against visitors Jordan during a football friendly in Harbin, the capital city of Northeast China´s Heilongjiang Province.
China held to 1-1 draw by Jordan

The defending world champs came into the contest with a perfect 6-and-oh record, but they would be in for a tough first half before opening things up in the second.
USA beat Slovenia 119-76 in quarter-finals

Hot Stories more

UK authorities believe killer of James Foley is a British national

Across the UK the hunt is on for James Foley’s killer, who authorities believe is a British national. As Richard Bestic reports from London, Prime Minister David Cameron cut short his summer break to lead his government’s response.

Israeli war jets renews Gaza strike as truce talks stalled

Three Palestinians were killed and 40 others wounded in the intensive Israeli war jets´ airstrikes on the Gaza city on Tuesday night, shortly before an end of a 24-hour ceasefire in the Gaza Strip,

Missouri police arrest dozens after violent night

As the protests in the town of Ferguson, Missouri turned violent with police facing ´heavy gunfire´ from some ´criminal elements´, cops fired tear gas, stun grenades and arrested 31 demonstrators on Monday night.

Picture in news more

More Video News

Choose TV Program