Stars Who Drove Ferraris and Maybachs Suddenly Selling Them: Why?
Translated from Korean, summarized and contextualized by DistantNews.
At a glance
- Celebrities including actor Kwon Sang-woo and singer Kim Jun-su are reportedly facing scrutiny over their ownership of multiple luxury cars.
- The controversy centers on allegations that some celebrities used expensive vehicles like Maybachs and Ferraris to evade taxes.
- This issue has become a topic of discussion in the Korean entertainment industry, with past tax evasion allegations against Kwon Sang-woo being revisited.
A recent controversy surrounding "supercars" has ignited discussions in South Korea's entertainment industry, involving prominent figures like actor Kwon Sang-woo and singer Kim Jun-su. The focus is on how celebrities manage their ownership of multiple luxury vehicles, with allegations surfacing that some may have used these expensive cars to avoid taxes.
The issue gained renewed attention following past allegations against Kwon Sang-woo. In 2020, he reportedly faced a tax investigation where he was accused of using five luxury cars, valued at hundreds of millions of won, for tax evasion purposes. This has led to renewed scrutiny of his financial dealings and car ownership.
Supercar controversy surrounding celebrities like Kwon Sang-woo and Kim Jun-su has recently become a hot topic in the entertainment industry.
While the article mentions Kim Jun-su's involvement, it primarily uses Kwon Sang-woo's past case as a reference point for the ongoing discussion. The core of the controversy lies in the potential misuse of luxury assets for tax avoidance, a sensitive topic given the public's expectations of financial transparency from celebrities.
Kwon Sang-woo was accused of using hundreds of millions of won worth of supercars for tax evasion during a National Tax Service tax investigation in 2020.
Originally published by Chosun Ilbo in Korean. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.