LG boss gives cash award of W500 mil. to gymnast

By Kim Yoo-chul

LG Group will provide a cash award of 500 million won (about $444,000) to gymnast Yang Hak-seon, who became a national hero after overcoming poverty to win a gold medal at the London Summer Olympics.

Yang, Korea’s first gymnast ever to win an Olympic gold, is now the recipient of a number of corporate gifts.

A Gwangju-based builder, SM Group, promised to give his family a new apartment after its completion next year, because they have been living in a vinyl greenhouse in Gochang, North Jeolla Province. Snackmaker Nongshim sent the family 100 boxes of instant noodles.

Additionally, The Korean Olympic Committee