Kakao Chairman Kim Beom-soo announced that he would donate more than half of his wealth to resolve social problems.
Chairman Kim said in a message to the community crew (Kakao staff) that he would sequentially donate more than half of his assets to celebrate the New Year.
He first expressed his gratitude to the employees who led to meaningful growth even in difficult times, and said, “I felt that I should not delay my resolution any more as I witnessed the deepening of social problems in various fields during the turbulent times.
He said, “I made a pledge to donate more than half of my assets to solve social problems during my life,” he said. “We are pursuing an appropriate donation pledge so that the pledge can become an official promise.”
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Chairman Kim said, “It’s a stage where we’re starting to think about how to use it specifically, but Kakao will find and support people to solve social problems in areas that are difficult to access.” I will also open up opportunities,” he said.
Chairman Kim owns 12.5 million shares of Kakao in his personal name. This amounted to 5,7 trillion won based on the previous day’s closing price. In addition, the combined 9.41 million shares of K Cube Holdings, which he owns, amount to about 10.21 trillion won.