[Super Rich] Ups and downs of E-Land chief Park Sung-su

In Korea, there are less than 10 self-made men with personal assets of more than 1 trillion won ($841 billion). Among the 125 people who have made it on to the Superrich Team’s “Korea’s Richest 10...

Updated : 2017.01.05 17:19

[Super Rich] Breakdown of real owners of nation’s priciest buildings

Recently, the Ministry of Land, Infrastructure and Transport disclosed the rank of domestic commercial business real estate with the highest real transaction prices. The data was based on the real tr...

Updated : 2017.01.05 17:16

[Super Rich] Seven numbers to explain self-made billionaire owner of Smilegate

About a year and nine months ago, Kwon Hyuk-bin joined the list of South Korean billionaires. Kwon is the chairman of game making company Smilegate which is known for its hugely popular game “Crossf...

Updated : 2016.12.22 17:39

[Super Rich] Five chaebol families make up one-third of top 100 richest in Korea

Unhealthy ties between Korean conglomerates and the government have long been cited as a factor that prevents Korea from moving forward. A recent comment by a chaebol chief at a parliamentary hearin...

Updated : 2016.12.22 17:36

[Super Rich]Tracing back Hanmi Pharmaceutical’s ups and downs

Hanmi Pharmaceutical , once an 8 trillion won ($6.76 billion) deal maker with global pharma partners, is currently stuck in free fall. Hanmi Pharmaceutical Chairman Lim Sung-ki and his family’s st...

Updated : 2016.11.24 17:35

[Super Rich] Author of 50-year-old mathematics book worth W90b

Korean students are familiar with the book “Essence of Mathematics,” which is often described as the “best-seller second only to the Bible” here. It represents Koreans’ excellence in the subject...

Updated : 2016.11.24 17:32

[Super Rich] Assets of late Ottogi chairman’s families reach W1tr

It is quite common for Korean food companies to dispatch part-time or irregular workers to promote their sample foods at supermarket chains. However, at Ottogi, such salespersons are hired as full-t...

Updated : 2016.11.10 17:03

[Super Rich] K-beauty tycoon donates W2.5b Buddhist Painting

Korea’s rare 14th century Buddhist painting “Water-Moon Avalokiteshvara” returned home from Japan in October. Behind the return was Yoon Dong-han, chairman of Kolmar Korea, one of the leading cosm...

Updated : 2016.11.10 15:23

[Super Rich] Top conglomerates spend big on business deals

Since 2012 South Korea’s top 10 family-controlled conglomerates have spent more on gifts and entertainment to secure business deals than on marketing, according to their balance sheets. The data, w...

Updated : 2016.10.27 16:56

[Super Rich] Korean toymakers ready to leap forward

Korea’s top two toymakers are poised to take a leap forward to rake in profits at home and abroad. Korea’s No.1 toymaker Sonokong recently handed over a majority stake to global toy magnate Mattel...

Updated : 2016.10.27 15:39

[Super Rich] Korean conglomerates cash in on EXO's success

Korean conglomerate Lotte Group in March opened a duty-free shop in Tokyo’s luxurious shopping district Ginza, drawing a crowd to its opening ceremony early one morning. To be more precise, they we...

Updated : 2016.10.13 16:30

[Super Rich] Two moguls behind Starfield's luxury drive

Starfield Hanam, an enormous shopping and entertainment mall, has become the new hot spot for South Koreans in the past month. Located in Hanam, Gyeonggi Province, southeast of Seoul, the shopping m...

Updated : 2016.10.13 16:25

[Super Rich] Two entrepreneurs bet big on future generations

Making donations to the future generation is still a novel concept in South Korea. While some 155 wealthy individuals joined The Giving Pledge, a global commitment by the super rich to dedicate the m...

Updated : 2016.10.06 16:13

[Super Rich] Superrich doctors take scalpel to old management

“The reluctant executive” was how Forbes magazine described Shin Chang-jae, the chairman of Kyobo Life Insurance, in a cover story in 2010. Despite being the firstborn son of Kyobo Life founder Sh...

Updated : 2016.09.29 17:22

[Super Rich] Chaebol modelling for own business

Instead of hiring glamorous TV stars, some Korean superrich have opted to model for their own business in print or on TV. Commercials featuring big bosses tend to give audience a sense of trustworth...

Updated : 2016.09.22 16:33