▲ Kim Tae-won, Secretary for Youth and Future
Kim Tae-won, Secretary for Youth and Future, who joined Cheong Wa Dae last July after a career as a corporate executive, was found to possess a total of KRW 16.14 billion in assets, including a large volume of overseas big tech stocks.
On October 23, the Government Public Ethics Committee disclosed the assets of 82 high-ranking officials who underwent changes in status—such as taking office, being promoted, or retiring—between July 2 and August 1, including Secretary Kim.
Secretary Kim reported holding a total of KRW 11.93 billion in securities, including KRW 10.5 billion worth of listed stocks under his name.
The majority consists of shares in major overseas tech companies such as Alphabet GOOG (12,236 shares), Nvidia (960 shares), Apple (439 shares), and Microsoft (322 shares). He also owns an apartment in Yongsan-gu, Seoul, valued at KRW 2.38 billion under his name.
Having previously served as managing director at Google Korea and CEO of Innored, he ranked first in asset size among incumbent officials whose assets were disclosed this time.
The declared assets of Lee Seung-won, Secretary for Foreign Press, were tallied at minus (-) KRW 28 million as his liabilities exceeded his assets.
His financial liabilities under his and his mother's names were around KRW 100 million, while his assets totaled KRW 74 million, combining leasehold rights and deposits.
Kim Rak-jung, Secretary for National Tasks, reported KRW 710 million, including an apartment in Bundang, Seongnam, Gyeonggi Province, under his spouse's name. Chae Yi-bae, Chief of Staff to the Prime Minister, reported a total of KRW 1.4 billion, including one apartment in Yangju, Gyeonggi Province, and one apartment in Jegidong, Dongdaemun-gu, Seoul.
Among retirees, Lee Se-woong, former Governor of Pyeonganbuk-do under the Committee for the Five Northern Korean Provinces of the Ministry of the Interior and Safety, recorded an overwhelming first place with KRW 275.95 billion.
Securities accounted for the vast majority at approximately KRW 222.5 billion, including 840,500 shares of Samsung Electronics. He also held KRW 38.1 billion worth of land and a detached house in Jangchung-dong, Jung-gu, Seoul, valued at KRW 9.5 billion.
Among other retirees, former Prime Ministerial Chief of Staff Yun Chang-ryeol reported KRW 3.3 billion in assets, and former Chief of Staff to the Prime Minister Min Ki reported KRW 1.55 billion.
(Photo: Cheong Wa Dae Press Corps, Yonhap News)
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