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.

Conclusion:
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.