Tops Korean Entertainment Rich List

Lee Soo-man, the former singer and currently the largest shareholder of SM Entertainment, is the richest entertainment celebrity in terms of stockholdings.

According to analysis by Chaebul.com last Friday, 10 celebrities in the entertainment business had stock valued at W100 million (US$1=W1,137) or more as of Thursday last week. Lee, who holds 28.25 percent in SM Entertainment, had the highest valued stocks at W26.2 billion.

Next was Korean wave megastar and entrepreneur Bae Yong-joon, the largest shareholder in Kosdaq-listed KeyEast with 34.6 percent worth W10.93 billion. He was at the top of the list until mid-2009.

Former singer Yang Soo-kyung, the wife of Yedang Entertainment Company CEO Byun Du-seop, was in third with shares in Yedang valued at W3.06 billion. K-pop superstar Rain, the largest shareholder in J.Tune Entertainment, ranked fourth with W2.01 billion. Actress Kyun Mi-ri was at fifth with stock holdings in FCBTwelve of W1.87 billion.

Source : Chosun Ilbo

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