Lee’s assets rise to $3.73 mil., driven by book royalties

President Lee Jae Myung reported total assets of 4.97 billion won ($3.73 million) as of Dec. 31, 2025, marking an increase of 1.88 billion won from the 3.08 billion won he reported a year earlier, according to data released Thursday by the Government Public Officials Ethics Committee. More than 1.5 billion won came from royalties generated by his books, including “Eventually, the People Do It.” The largest increase was seen in deposits, which rose from 1.58 billion won to 3.06 billion won, up by about 1.48 billion won. Lee cited “royalties, salary, and ETF (exchange-traded fund) valuation gains” as reasons for the change in his assets. Lee reported income of 1.56 billion won from publishing copyrights, most of which appears to have been converted into deposits. A presidential office official said “book sales surged before and after Lee’s election,” contributing to the rise. His book “Eventually, the People Do It,” published in April last year and reflecting on the process of overcoming the Dec. 3, 2024, martial law crisis, is priced at 22,000 won per copy. Assuming a ro

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