As of May 2024, Samsung Group was the largest business group in South Korea, with assets totaling around 566.8 trillion South Korean won. SK and Hyundai Motor Company followed with total assets of about 334.4 trillion and 281.4 trillion won respectively.
Leading large business groups in South Korea as of May 2024, by total assets
(in trillion South Korean won)
1,000 South Korean won equals 0.75 U.S. dollars or 0.67 euro as of September 2024.Â
Figures have been rounded.
Figures refer to 2021.
According to the South Korean Monopoly Regulation and Fair Trade Act, a business group refers to "a group of companies the business of which is substantially controlled by the same person." These business groups are divided into business groups subject to disclosure requirements and business groups subject to limitations on cross-shareholding.
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KFTC. (May 15, 2024). Leading large business groups in South Korea as of May 2024, by total assets (in trillion South Korean won) [Graph]. In Statista. Retrieved October 07, 2024, from https://www.statista.com/statistics/1313153/south-korea-leading-conglomerates-by-total-assets/
KFTC. "Leading large business groups in South Korea as of May 2024, by total assets (in trillion South Korean won)." Chart. May 15, 2024. Statista. Accessed October 07, 2024. https://www.statista.com/statistics/1313153/south-korea-leading-conglomerates-by-total-assets/
KFTC. (2024). Leading large business groups in South Korea as of May 2024, by total assets (in trillion South Korean won). Statista. Statista Inc.. Accessed: October 07, 2024. https://www.statista.com/statistics/1313153/south-korea-leading-conglomerates-by-total-assets/
KFTC. "Leading Large Business Groups in South Korea as of May 2024, by Total Assets (in Trillion South Korean Won)." Statista, Statista Inc., 15 May 2024, https://www.statista.com/statistics/1313153/south-korea-leading-conglomerates-by-total-assets/
KFTC, Leading large business groups in South Korea as of May 2024, by total assets (in trillion South Korean won) Statista, https://www.statista.com/statistics/1313153/south-korea-leading-conglomerates-by-total-assets/ (last visited October 07, 2024)
Leading large business groups in South Korea as of May 2024, by total assets (in trillion South Korean won) [Graph], KFTC, May 15, 2024. [Online]. Available: https://www.statista.com/statistics/1313153/south-korea-leading-conglomerates-by-total-assets/