Beomsu Kim, Chairman of Kakao “I will donate more than half of the property”… At least 5 trillion won

Input 2021.02.08 13:59 | Revision 2021.02.08 14:12

On the 8th, Chairman Kim Bum-soo of Kakao announced his intention to donate more than half of his assets to solve social problems. Chairman Kim’s share of Kakao is 13.74% (12,176,631 shares), which means that he will pay at least 5 trillion won as it is estimated to be about 10 trillion won in terms of stock value.

In a Kakao message sent to executives and employees that day, Chairman Kim said, “After I suggested that Kakao be the subject of solving social problems in March, I had a lot of thoughts about what to do.” As I witnessed this, I thought that I should not delay my decision any more, and I made a pledge to donate more than half of my fortune to solve social problems during my life.” He added, “We are also pursuing an appropriate donation pledge to make this pledge an official promise.”

Chairman Kim said, “I’m just starting to think about how to use (donation) concretely, but I’m thinking of finding and supporting people to solve social problems in areas that are difficult for Kakao to access.” We will give you ideas and open up opportunities,” he explained. He announced that he will also hold a crew meeting to collect opinions from employees.