Senior Public Officials See Substantial Wealth Increase Through ETF Gains and Royalties
Recent disclosures reveal significant increases in the personal wealth of top government officials, including President Lee Jae-myung, his aides, and senior financial regulators. President Lee reported 4.97 billion KRW in assets at the end of 2023—an increase of approximately 1.88 billion KRW from the previous year—mainly attributed to book royalties and substantial returns from exchange-traded fund (ETF) investments. The president had previously pledged investments in KODEX 200, KODEX KOSDAQ150, and TIGER 200 ETFs, with rising stock markets substantially boosting his savings. Additional factors for asset growth included royalty income, salary increases, and family assets reported together.
Presidential aides hold an average of around 2.75 billion KRW in assets, with Legal Secretary Lee Jang-hyung leading at 13.41 billion KRW. His wealth increase was notably influenced by Tesla stock gains and other investment returns, and ten aides are identified as multi-home owners. Meanwhile, Financial Supervisory Service Governor Lee Chan-jin recorded a 2.2 billion KRW asset increase in just three months after selling real estate and reallocating the proceeds into ETFs, now holding assets totaling over 40.7 billion KRW. These reports underscore how ETF and equity investment gains, coupled with asset reallocation from real estate, have driven wealth growth among senior officials.
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매일일보2026 3月 26
President Lee declares 4.97 billion in assets... Increase of 1.88 billion from royalties and ETF income - Maeil DailyMaeil Daily = Reporter Choi Young-hoon | President Lee Jae-myung declared 4.97 billion won in personal and family assets as of the end of last year. This is an increase of 1.88 billion won compared to his time as the Democratic Party leader one year ago. According to the regular asset change report published in the official gazette on the 26th by the Government Official Ethics Committee of the HR Innovation Office, the apartment in Bundang-gu, Seongnam-si, Gyeonggi-do, owned jointly by President Lee and his wife Kim Hye-kyung, was declared at 1.685 billion won. This amount increased by 229 million won over the year. Including this, President Lee has a leased apartment in Gyeyang-gu, Incheon (480 million won), and an apartment lease in his eldest son's name (1
매일일보2026 3月 26President Lee Reports Assets Worth 4.97 Billion Won, Increases by 1.88 Billion Won through Royalties and ETF Profits - Maeil DailyMaeil Daily = Reporter Choi Young-hoon | President Lee Jae-myung reported assets of 4.97 billion won for himself and his family as of the end of last year. This is an increase of 1.88 billion won compared to his time as the leader of the Democratic Party a year ago. Notably, President Lee has put his apartment in Bundang up for sale, while it is noted that 10 members of the presidential staff are multi-homeowners, drawing attention. According to the regular asset change report published in the official gazette by the Government Public Official Ethics Committee on the 26th, the President and First Lady Kim Hye-kyung jointly own a residence in Bundang District, Seongnam City, Gyeonggi Province, valued at 1.685 billion won.
[Public Official's Assets] President Lee reports 4.97 billion won…up 1.9 billion in a year due to 'ETF and royalties' - Yonhap InfomaxPresident Lee Jae-myung reported approximately 5 billion won in assets for himself and his family. Benefiting from the stock market boom, the yield on exchange-traded funds (ETFs) increased, while one-time factors such as publication royalties and ceremonial expenses were also reflected, resulting in nearly a 60% increase in assets over the year. According to the regular asset change report released by the Government Public Official Ethics Committee on the 26th, President Lee reported a total of 4.9772 billion won in assets as of December 31 last year. Compared to 3.08914 billion won a year ago, this is an increase of approximately 1.88807 billion won. The real estate owned by President Lee includes apartments in Yangji Village, Kumho 1st Complex in Bundang-gu, Seongnam City.
Lee's Assets at 4.9 Billion Won… Increase of 1.8 Billion Won from Royalties and ETF Income - Dong-A IlboPresident Lee Jae-myung's and his spouse's assets amounted to 4.97721 billion won, an increase of 1.88807 billion won from the previous year. This is due to royalties and exchange-traded fund (ETF) income. It was observed that senior-level Blue House aides hold an average of 2.7 billion won in assets. On the 26th, Government Official Ethics Commission…
President Lee's wealth increases by 1.9 billion… “Increased royalties and ETF returns” - Seoul Economic DailyPresident Lee Jae-myung reported assets of 4.97722 billion KRW. This is an increase of 1.88808 billion KRW compared to last March, when he was a member of the National Assembly. It was also analyzed that the 'Exchange-Traded Fund (ETF) effect' was significant. According to the government Public Servants' Ethics Committee's regular asset disclosure on the 26th, as of the end of last year, President Lee
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