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Samsung chairman annual income hits 100 mln USD

English.news.cn   2014-04-01 19:40:37

SEOUL, April 1 (Xinhua) -- Samsung Electronics Chairman Lee Kun- hee ranked first last year in terms of annual income among South Korean businessmen though he received no paycheck from the company, a local corporate data provider said Tuesday.

Lee's annual income, including paycheck and dividend earnings, reached 107.9 billion won (around 100 million U.S. dollars) in 2013, according to CEO Score.

The head of the world's largest smartphone maker has received no paycheck from the company since 2009, said the online corporate productivity evaluation site.

Lee resigned from all posts as he got a three-year suspended jail sentence for tax evasion and breach of trust in 2008, before making a management comeback around two years later.

Hyundai Motor Group Chairman Chung Mong-koo earned a total of 63.5 billion won in 2013, including 14 billion won in paycheck and 49.5 billion won in dividend received from the country's second- largest conglomerate's affiliates such as Hyundai Motor, Hyundai Mobis and Hyundai Steel.

Chey Tae-won, head of the third-biggest conglomerate SK Group, ranked third with an income of 58.7 billion won, including 30.1 billion won in annual salary and 28.6 billion won in dividend income.

Chung Eui-sun, Hyundai's heir-apparent and son of the Hyundai Motor Group's head, came next with 25.32 billion won in annual earnings, followed by LG Group chief Koo Bon-moo with 23.6 billion won.

Editor: Shen Qing
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