How Much Does the Chairman of SK Holdings Make?
SK Holdings is one of the largest conglomerates in South Korea. The company has a wide range of businesses, from energy to telecommunications. So, how much does the chairman of this massive conglomerate make?
As of 2018, the chairman of SK Holdings, Chey Tae-won, was the highest-paid executive in South Korea. He earned a total of $9.4 million that year, which included a base salary of $1.2 million, stock options worth $7.6 million, and other benefits.
To put this into perspective, the average worker in South Korea earned a little over $27,000 in 2018. That means that Chey Tae-won made 344 times more money than the average Korean worker!
Of course, it’s important to remember that SK Holdings is a massive conglomerate with operations all over the world. The company generated over $100 billion in revenue in 2018 alone. So, while Chey Tae-won’s salary may seem high, it’s probably just a drop in the bucket for SK Holdings.
SK Holdings is one of the largest conglomerates in South Korea, with businesses ranging from energy to telecommunications. So how much does the chairman of this massive conglomerate make? A whopping $9.4 million! That’s 344 times more than the average worker in South Korea! While this may seem like a lot of money, it’s probably just a drop in the bucket for SK Holdings.