[서울신문] [재계 블로그] Kim Bum-soo giving out’bloody stock’

After donation, a total of 330,000 shares were donated to family members.
Chairman Kim’s share decreased from 22.23% to 13.74%
Seems to be’Boeun’ for the help of poor childhood
Industry “Money greed is unusual in appearance”

Bumsoo Kim Chairman of the Kakao Board of Directors

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▲ Bumsoo Kim Chairman of the Kakao Board of Directors

The share ratio of Kakao’s board chairman Kim Beom-soo continues to decline. When Kakao and Daum merged in October 2014, Chairman Kim’s share of Kakao shares, who became the largest shareholder, was 22.23%, which is now 13.74%. At that time, the total stock of Chairman Kim and his related parties was 43.26%, but now it is 25.42%. Kakao’s increase in issued stocks through rights offerings and changes in related parties are the main factors of the change, but there are other rapid events. Chairman Kim donated a portion of the stock and donated it to his family and relatives.

According to Kakao on the 20th, Chairman Kim donated 330,000 stocks to his family and relatives the day before. The total is worth 145.2 billion won. The world is full of envy over the decision to give not only to his wife and two children, but also to relatives. Some say that Chairman Kim, who had a difficult time living in a single room, including his grandmother as a child, was a boon to those who helped him during difficult times. Chairman Kim studied in the closet of his relatives and was the only one of five children to attend college.

An industry official said, “It seems that the feelings of sorry for the older sisters and younger siblings who suffered together and sacrificed themselves while supporting themselves in poverty were reflected.”

Previously, Chairman Kim donated stock several times. Even if the owners of other companies donate, they often use the money to make a donation, but it is noteworthy that Chairman Kim is willing to give up his own personal funds for a good job. In March of last year, about 11,000 shares were donated to overcome Corona 19, and in August, 2830 shares were donated to the National Disaster Relief Association to recover from torrential rain. From 2016 to now, only personal donations by Chairman Kim amounted to 13.5 billion won. Since I don’t usually have billions of dollars in cash, my stock holdings gradually decreased as stocks were released every time I donated. However, it is known that there is no big problem in securing management rights as there is a difference in stock holdings from other shareholders.

An industry official said, “Since last year, the stock price of Kakao, which enjoys’non-face-to-face benefits’ from Corona 19, has been soaring day after day. It’s unusual,” he said.

Reporter Jaehee Han [email protected]

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