[Special Asset Disclosure] Seoul Arts Center President Hannah Jang Reports 7.8 Billion Won in Assets...13.7 Billion Won for Cello and Bow

Deposits of 2.7 Billion Won, Overseas Stocks Worth 1.7 Billion Won
Owns an Apartment in Gangnam and a House in the U.S.
Reports Holdings in Numerous U.S. Tech Stocks Including 2,450 Shares of Nvidia
Kim Kyung-bae, Head of Korea Craft and Design F

Hanna Jang, President of the Seoul Arts Center, reported a total of 7,817,173,000 won in assets, which includes musical instruments such as a cello and a cello bow valued at approximately 1.5 billion won.

Hannah Jang, President of Seoul Arts Center

According to the July ad-hoc property registration disclosure released by the Government Public Officials Ethics Committee on July 24, President Jang reported her cello and cello bow at 1,370,110,000 won and her Steinway piano at 133,745,000 won. The total reported value of her musical instruments amounted to 1,503,855,000 won, which accounts for about 19% of her total assets.

In terms of real estate, President Jang reported an apartment with an exclusive area of 59.73 square meters in Yeoksam-dong, Gangnam-gu, Seoul, worth 1,280,000,000 won. She also reported a share of a single-family home in Pomona, California, valued at 653,490,000 won. Altogether, her reported real estate amounted to 1,933,490,000 won.

Her savings and domestic and overseas financial accounts totaled 2,778,104,000 won. The largest was her Citibank account in the United States at 1,336,817,000 won, followed by Capital One Bank with 959,750,000 won, KB Kookmin Bank with 205,142,000 won, and Charles Schwab with 151,388,000 won, among others.

Her holdings of listed stocks were reported at 1,736,724,000 won. President Jang owns numerous shares in major U.S. tech companies, including 2,450.1422 shares of Nvidia, 502.444 shares of Apple, 220.456 shares of Meta, 200 shares of Alphabet, 90 shares of Tesla, 60.158 shares of Microsoft, and 100 shares of Broadcom. She also reported ownership of shares in Berkshire Hathaway, BioNTech, Intel, Salesforce, Starbucks, Pfizer, Robinhood, and Roblox.

Her liabilities consist of a rental deposit of 135,000,000 won for the Yeoksam-dong apartment. President Jang declined to disclose her parents' assets, citing their independent financial sustenance. President Jang's declared assets comprise 1,933,490,000 won in real estate, 2,778,104,000 won in deposits, 1,736,724,000 won in securities, and 1,503,855,000 won in musical instruments and other artworks, with liabilities of 135,000,000 won subtracted, totaling 7,817,173,000 won.

Kim Kyung-bae, President of the Korea Craft and Design Foundation, reported total assets of 2,235,900,000 won. This includes an apartment in Yongin, Gyeonggi Province under his name valued at 800,000,000 won, an apartment in Muan, South Jeolla Province under his spouse’s name valued at 110,000,000 won, and a leasehold right for an apartment in Montreal, Canada valued at 600,000,000 won. Additionally, his father’s forest land in Dalseo-gu, Daegu is valued at 623,000,000 won, while ruby and diamond rings under his spouse's name are valued at 20,000,000 won.

Hwang Kyo-ik, President of the Korea Culture and Tourism Institute, reported total assets of 56,655,000 won. He reported buildings such as an apartment in Goyang, Gyeonggi Province, valued at 1,277,200,000 won, as well as a car, deposits, and securities. However, with 730,000,000 won in apartment rental deposit, personal debts, and other financial liabilities totaling 1,325,245,000 won, his net assets were calculated in the 50 million won range.

This content was produced with the assistance of AI translation services.