Some 116 Korean businesspeople own more than US$100 million worth of shares listed on the country's bourse, the portal chaebul.com said in an analysis of stocks owned by 1,781 listed companies as of last Friday.
Ten own more than $1 billion worth of shares. The number of stock millionaires who own more than $1 million worth of shares stand at 979.
Samsung Electronics chairman Lee Kun-hee topped the list with Samsung Life Insurance stocks valued at $4.034 billion, Samsung Electronics stocks including preferred shares at $3.44 billion, and Samsung C&T shares at $110 million.
Hyundai-Kia Automotive Group chairman Chung Mong-koo came second with $4.76 billion worth of stocks, followed by Grand National Party lawmaker Chung Mong-joon, the largest shareholder of Hyundai Heavy Industries, with $1.98 billion, SK Group chairman Chey Tae-won ($1.74 billion), and Hyundai Motor vice chairman Chung Eui-sun ($1.64 billion).
The other stock billionaires were Shinsegae Group chairwoman Lee Myung-hee with $1.62 billion, Lotte Group vice chairman Shin Dong-bin ($1.56 billion), Lotte Japan vice president Shin Dong-joo ($1.52 billion), LG Group chairman Koo Bon-moo ($1.34 billion), and Amore Pacific president Suh Kyung-bae ($1.19 billion).