As of May 2023, Samsung Group was the largest business group in South Korea with assets totaling around 486.4 trillion South Korean won. SK and Hyundai Motor Company followed with total assets of about 327.3 trillion and 270.8 trillion won respectively.
Leading large business groups in South Korea as of May 2023, by total assets
(in trillion South Korean won)
1,000 South Korean won equals 0.74 U.S. dollars or 0.70 euro as of November 2023.
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. (April 25, 2023). Leading large business groups in South Korea as of May 2023, by total assets (in trillion South Korean won) [Graph]. In Statista. Retrieved September 19, 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 2023, by total assets (in trillion South Korean won)." Chart. April 25, 2023. Statista. Accessed September 19, 2024. https://www.statista.com/statistics/1313153/south-korea-leading-conglomerates-by-total-assets/
KFTC. (2023). Leading large business groups in South Korea as of May 2023, by total assets (in trillion South Korean won). Statista. Statista Inc.. Accessed: September 19, 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 2023, by Total Assets (in Trillion South Korean Won)." Statista, Statista Inc., 25 Apr 2023, https://www.statista.com/statistics/1313153/south-korea-leading-conglomerates-by-total-assets/
KFTC, Leading large business groups in South Korea as of May 2023, by total assets (in trillion South Korean won) Statista, https://www.statista.com/statistics/1313153/south-korea-leading-conglomerates-by-total-assets/ (last visited September 19, 2024)
Leading large business groups in South Korea as of May 2023, by total assets (in trillion South Korean won) [Graph], KFTC, April 25, 2023. [Online]. Available: https://www.statista.com/statistics/1313153/south-korea-leading-conglomerates-by-total-assets/
