재벌 (jaebeol)
Chaebol (business group)
Reviewed October 15, 2026
A large family-controlled group of affiliated companies, such as Samsung, SK, Hyundai Motor or LG.
재벌 (jaebeol, usually written chaebol in English) is a large family-controlled business group: many listed and unlisted companies linked by shareholdings and run as one group.
The Korea Fair Trade Commission designates the largest groups every year. JONBUR's group pages list each group's listed companies.
Also called: chaebol · business group · 기업집단
General information only, not investment, legal or tax advice. Rules change: check the official sources linked here and your broker before you act.