Hyun Song Shin, Bank of Korea Governor Nominee, Reports 8.24 Billion Won in Assets...Owns Gangnam Apartment and D.Palace Real Estate
Assets Quadruple in 16 Years
Second Wealthiest Member of the Monetary Policy Board
Hyun-Song Shin, nominee for the Governor of the Bank of Korea, is answering reporters' questions as he arrives at the confirmation hearing preparation office set up at Hanwha Financial Plaza in Jung-gu, Seoul on March 31, 2026. Photo by Dongjoo Yoon
View original imageHyun Song Shin, nominee for Governor of the Bank of Korea, reported a total of 8,241,020,000 won in assets under his and his family’s names.
According to the confirmation hearing request submitted on April 4, Mr. Shin owns an apartment in Donghyeon, Gangnam-gu, Seoul worth 1,509,000,000 won and a D.Palace officetel in Jongno-gu valued at 1,800,000,000 won. He declared deposits amounting to 2,367,930,000 won under his own name and 1,856,920,000 won under his spouse’s name.
In addition, the report includes stocks worth approximately 9,150,000 won—such as 44 shares of Samsung Electronics and 1 share of LG Energy Solution—along with UK government bonds (about 302,080,000 won) and the ETF 'SOL Korea Value Up TR' (approximately 303,820,000 won).
His spouse owns an apartment in Illinois, United States, valued at 284,940,000 won, while his eldest son declared stocks and deposits totaling about 111,000,000 won under his name.
Hot Picks Today
Ballot Box Found in Trash... Peru Holds Runoff Amid 'Ballot Shortage Crisis'
- "Brothers, You've Been Waiting for News?"... Orphanage Library Built Thanks to 'Money Brag' by SK hynix Employee
- Korean Treasury Yields Surge on U.S. Rate Hike Fears... Three-Year Bonds Top 3.9% for First Time in 2 Years, 7 Months
- "A Mother's Quick Reflexes Save Child from BRT Bus Rushing onto Sidewalk"
- "Click! Gotta Post on SNS"... 'Small Luxury' for 20s and 30s Cools Down Amid High Inflation
Mr. Shin’s assets have increased nearly fourfold over 16 years, rising from just over 2.2 billion won in 2010. If he passes the confirmation hearing and is appointed governor, he will become the second wealthiest member of the Monetary Policy Board, following Commissioner Jang Yongseong, who holds 12,430,430,000 won in assets.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.