The combined value of stocks belonging to South Korea’s top 30 richest families rose 16.1 percent in the past one-year period to 111.7 trillion won ($101.6 billion), a report by a local conglomerate research firm said Thursday.

Analysis by CEO Score showed members of the pan-Samsung family, which include CJ, Shinsegae and Hansol, held stocks worth more than 27.6 trillion won. Samsung is the largest family-run business empire, known as chaebol, in the country.

Relatives belonging to the broader Hyundai and LG houses held shares worth 17.4 trillion won and 10 trillion won, respectively.

The numbers reflect closing prices of stocks as of Dec. 5.

In addition to the total value of stocks going up by some 15 trillion won compared to the year before, the number of people belonging to the richest families increased to 728 from 703 a year earlier, the analysis showed.

“On average, these people owned 153 billion won worth of shares per person,” the corporate information provider said. (Yonhap)