According to Hanwha Corp.’s annual report filed on Wednesday, Kim received 5.04 billion won from Hanwha Corp. last year. He also received 5.04 billion won each from Hanwha Aerospace and Hanwha Systems, 5.041 billion won from Hanwha Solutions, and 4.68 billion won from Hanwha Vision.
His total compensation from the five affiliates reached 24.841 billion won, up 77.7 percent from 13.98 billion won a year earlier.
Hanwha Group said the compensation reflected Kim’s role in identifying future growth engines, advising on new businesses including mergers and acquisitions, and supporting operations through his global network.
Kim’s eldest son, Hanwha Group Vice Chairman Kim Dong-kwan, received 8.096 billion won, down 12 percent from a year earlier. His pay included 2.69 billion won each from Hanwha Corp. and Hanwha Aerospace, and 2.716 billion won from Hanwha Solutions.
CJ Group Chairman Lee Jae-hyun ranked second with about 17.7 billion won from CJ Corp. and CJ CheilJedang.
Hyundai Motor Group Chairman Chung Eui-sun was third with 17.461 billion won, including 9.001 billion won from Hyundai Motor, 5.4 billion won from Kia, and 3.06 billion won from Hyundai Mobis.
Chung’s total rose 51.6 percent from a year earlier as he began receiving compensation from Kia for the first time.
Hyosung Group Chairman Cho Hyun-joon earned 15.7 billion won, while Lotte Group Chairman Shin Dong-bin received 14.9 billion won. Cho’s pay rose 64.8 percent from 9.183 billion won in 2024, while Shin’s total could increase to around 18 billion won once additional disclosures from Hotel Lotte and Lotte Property & Development are released.
Hanjin Group Chairman Cho Won-tae received 14.578 billion won from affiliates including Korean Air, Hanjin KAL, Asiana Airlines and Jin Air. SK Group Chairman Chey Tae-won earned 8.25 billion won.
LG Group Chairman Koo Kwang-mo received 7.127 billion won from LG Corp., including 4.793 billion won in salary and 2.334 billion won in bonuses.
Samsung Electronics Chairman Lee Jae-yong has continued to work without pay since 2017. Shinsegae Group Chairman Chung Yong-jin received 5.85 billion won from E-Mart.
When severance pay is included, Poongsan Group Chairman Ryu Jin ranked first with 46.645 billion won, including 38.8 billion won in severance following his resignation as CEO of Poongsan Holdings.
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