Yoo In-chon’s Assets as Candidate for Minister of Culture, Sports and Tourism Revealed: Total of 16.26 Billion Won

2023-09-16 12:51:30

Yoo In-chon, a candidate for Minister of Culture, Sports and Tourism, answers questions from reporters as he goes to work at the hearing preparation office in Jongno-gu, Seoul on the morning of the 14th.[사진 제공 = 연합뉴스]

Yoo In-chon, a candidate for Minister of Culture, Sports and Tourism, reported a total of 16.26 billion won in assets for himself and his spouse.

According to the personnel hearing request submitted to the National Assembly on the 16th, Candidate Yoo revealed that he has assets of 7.19 billion won in his own name and 9.07 billion won in his spouse’s name.

Candidate Yoo owns Hyundai Apartments in Apgujeong, Gangnam, Seoul (KRW 2.87 billion, 144.7m2) and forest land in Yeoju, Gyeonggi Province, worth KRW 30 million. Stocks accounted for the largest proportion of assets at 3.42 billion won. He has 1.45 billion won in deposits and also has a Yongpyeong Resort condominium membership worth 97 million won.

Candidate Yoo’s spouse currently owns Trimase Apartment (KRW 4.5 billion, 152.1m2) in Seongdong-gu, Seoul, which is Candidate Yoo’s address. A commercial building worth 820 million won in Jung-gu, Seoul was also reported as property. He held deposits worth 2.85 billion won and stocks worth 740 million won. New Seoul Leisure condo membership worth 120 million won was also listed as property.

Candidate Yoo’s two sons were excluded from reporting assets for reasons of maintaining an independent livelihood. The candidate and his two sons both retired as sergeants from the Army.

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