Shinsegae Group vice chairman Chung Yong-jin has the most expensive house among the scions of conglomerate owners in Korea.
According to portal site Chaebul.com on Wednesday, Chung lives in a detached house worth W8.1 billion in Seongnam, Gyeonggi Province (US$1=W1,088). He owns another house worth W2.58 billion in Hannam-dong, Seoul.
Next came Lim Se-ryong, the daughter of the Daesang Group owner. Among her possessions are homes in Seoul's Cheongdam and Samseong worth W4.23 billion and W2.96 billion.
According to the website, the offspring of chaebol owners prefer condominiums or apartments to houses, and the affluent Gangnam area in southern Seoul to the region north of the Han River.