[Asset Disclosure] Korea Gas Corp. President Hong Eui-rak Reports 3.26 Billion Won in Assets... Songpa Apartment Valued at 2.18 Billion Won

Real Estate Worth Approximately 2.7 Billion Won, Deposits of 512.89 Million Won

Hong Eui-rak reported assets worth approximately 3.26 billion won in his first asset disclosure since taking office as president of Korea Gas Corporation. Real estate, including an apartment in Songpa-gu, Seoul, accounted for most of his total assets, at approximately 2.7 billion won.

According to the “October 2026 Regular Asset Registration Disclosures” released by the Government Public Service Ethics Committee on October 23, Hong reported total assets of 3,255,460,000 won under his and his spouse’s names.

Buildings accounted for the largest share of his assets. Hong reported a 117.58-square-meter apartment in Olympic Family Town, Munjeong-dong, Songpa-gu, Seoul, under his and his spouse’s names. Its declared value was 2,180,000,000 won. Including a 10,000,000-won leasehold right for a building in Beomeo-dong, Suseong-gu, Daegu, the total declared value of the buildings came to 2,190,000,000 won.

He reported land worth approximately 502,560,000 won. It consists of forest land, dry fields, paddy fields, and building lots under his name.

He reported deposits totaling 512,890,000 won under his and his spouse’s names. The declared value of his vehicles totaled 49,110,000 won.

Hong declined to disclose the assets of his mother and eldest son, citing their financial independence.

Hong served as a member of the 19th and 20th National Assemblies and as deputy mayor for economic affairs of Daegu. He took office as the 19th president of Korea Gas Corporation on July 29, 2026. His three-year term runs through July 28, 2029.

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