The Korea Herald

SUPER RICH

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[SUPER RICH] The riches of chaebol scions

There is an old saying that a wealthy family loses all its fortune by the third generation. It is difficult to determine whether the saying holds true for the Korean chaebol, as many are still contro...

Dec 15, 2015
Industry
[SUPER RICH] The leadership and riches of Hyundai’s third generation

The Hyundai family was once again in the spotlight on Nov. 25, on what would have been the 100th birthday of late founder Chung Ju-yung. Tycoon Chung founded the first company of what would become H...

Dec 1, 2015
Industry
[SUPER RICH] Doosan heir Park Seo-won steps into spotlight

Doosan Group heir Park Seo-won has finally emerged as a likely successor of the country’s 14th-largest business conglomerate, having recently joined the company’s most important project in years. Th...

Dec 1, 2015
Industry
[SUPER RICH] New Silicon Valley stars of Korean descent

The relationship between new start-ups and their venture capital investors is a bit like a marriage: The start-up founder and investors hold a contractual ceremony, then need to uphold the terms and ...

Nov 24, 2015
Industry
[SUPER RICH] Aekyung Group gains big as Jeju Air goes public

Aekyung Group’s low-cost carrier Jeju Air went public on Nov. 6, 10 years after its establishment, increasing the assets of the the midsize retailer and household goods conglomerate’s controlling fam...

Nov 17, 2015
Industry
[SUPER RICH] Pharma king shakes up superrich rankings

There is a new entrant in the ranks of Korean superrich. Hanmi Pharmaceutical founder and chairman Lim Sung-ki became a prominent superrich as the company signed licensing agreements with several gl...

Nov 17, 2015
Industry
[SUPER RICH] Shinsegae chairwoman caught with borrowed-name stocks again

Shinsegae chairwoman Lee Myung-hee Shinsegae vice chairman Chung Yong-jin Shinsegae Group, the country’s second-largest retailer, declared Friday its founder and chairwoman Lee Myung-hee owned 380,...

Nov 10, 2015
Industry
[SUPER RICH] Celebrities running natural product businesses

What do Gwyneth Paltrow, Gisele Bundchen and Madonna have in common? They are celebrities involved in natural product businesses, having become major shareholders in or founding their own companies....

Nov 10, 2015
Industry
[SUPER RICH] What if the superrich gave their wealth to the poor?

What would happen if the richest families in every country gave all their wealth to the poor? It’s a far-fetched question, but one that has come up. There is even a measurement for it: the Hoover ind...

Nov 3, 2015
Industry
[SUPER RICH] Korea’s respected rich entrepreneurs

The general public is more positive toward the superrich company founders rather than the chaebol heirs in Korea. There is also much less recognition for up-and-coming entrepreneurs in the Internet a...

Oct 27, 2015
Industry
[SUPER RICH] Criteria for respected superrich evolves

Korean entrepreneurs in the past were highly regarded as role models of success -- responsible for the nation’s rapid economic growth and a rising middle class -- but today they receive both praise a...

Oct 27, 2015
Industry
[SUPER RICH] Hong Kong’s young billionaire dreams of democratizing art

“Democratizing art” is the aspiration of the 35-year-old Hong Kong business entrepreneur and art collector Adrian Cheng. The Superrich team met Cheng in August at the Gana Art Gallery at Pyeongchang...

Oct 6, 2015
Industry
[SUPER RICH] Superrich and their cars

The superrich across the world have long been fascinated by supercars, which, even when not being driven, must be shown off. Considered an exclusive product for the superrich, it is not uncommon to ...

Sept 22, 2015
Industry
[SUPER RICH] Superrich who help refugees

Refugees from Africa and the Middle East have been crossing the Mediterranean by boat to escape war and oppression in their home countries, with many risking death in the process, as boats sink in ro...

Sept 15, 2015
Industry
[SUPER RICH] Doosan head eyes retail business

Doosan Group chairman Park Yong-maan, who openly sought to reshape his company’s portfolio with more focus on heavy industries, appears to have had a rethink -- going back to retail-- as the company ...

Sept 8, 2015
Industry

The Korea Herald by Herald Corporation

Address : Huam-ro 4-gil 10, Yongsan-gu,Seoul, Korea
Online newspaper registration No : Seoul 아03711
Date of registration : 2015.04.28
Publisher. Editor : Kwon Chung-won
Juvenile Protection Manager : Yang Sung-jin
Tel : 02.727.0114