How Jeon Ji-hyun's Husband Made a Massive 15 Billion KRW Bet on Wemade Stocks

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A significant investment loss by the husband of South Korean star Jeon Ji-hyun has captured public attention. Choi Joon-hyuk, who leads Alpha Asset Management, made an aggressive push into Wemade stocks, committing a total of 35 billion KRW to the venture. When the stock price experienced a sharp decline in mid-June, the investment suffered considerably.

The Investment Details

According to Korean media reports, the initial 35 billion KRW allocation looked promising at first. However, market conditions shifted swiftly. By early June, the share price had plummeted, creating unrealized losses of approximately 15.8 billion KRW, translating to roughly 11.66 million USD. The dramatic reversal highlights the volatility inherent in concentrated stock positions.

What It Reveals

The case underscores a familiar pattern among high-net-worth individuals: even with substantial capital and industry connections, timing and market dynamics remain unpredictable. Jeon Ji-hyun’s husband’s experience demonstrates that cryptocurrency-adjacent investments like Wemade stocks demand careful risk assessment, regardless of one’s financial resources or professional background.

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