[SUPER RICH] The rich relatives of chaebol owners

Making it on this year’s exclusive 2016 Forbes billionaire list, 31 out of 1,810 billionaires are Korean. Of the 31 selected billionaires, 17 are the largest shareholders or owners of listed cha...

Updated : 2016.03.15 17:08

[SUPER RICH] Son of China’s richest man eyes K-pop

The only son of China’s richest man appears to be helping K-pop bands increase their presence in China. “Wang Sicong, the founder of Banana Project, has been in discussion for investments since h...

Updated : 2016.03.08 18:13

[SUPER RICH] NHN Entertainment bets on virtual reality

Korea’s largest Internet portal Naver’s cofounder and chairman of NHN Entertainment Lee Joon-ho has shifted focus to virtual reality due to the obscure future of the game market. After Lee parted ...

Updated : 2016.02.02 20:33

[SUPER RICH] Kim Jung-ju’s business investments

Nexon founder and chairman Kim Jung-ju is not only the front-runner in Korea’s gaming industry, but is also considered a genius for spreading his influence through strategic acquisitions and investm...

Updated : 2016.02.02 20:30

[SUPER RICH] Big Bang net worth 40b won

Popular K-pop boy band Big Bang is set to join the elite superrich club with an estimated total net worth of 40 billion won ($33.2 million). Moreover, it’s leader G-Dragon, also known as Kwon Ji-yon...

Updated : 2016.01.26 16:51

[SUPER RICH] American superrich who failed in investments

Many superrich like Jeff Bezos, Larry Page, Sergey Brin and Mark Zuckerberg had a prosperous 2015, with combined earnings of $58.8 billion -- more than the value of Korea’s exports to the U.S. in 20...

Updated : 2016.01.12 18:13

[SUPER RICH] Young chaebol heiresses choose consulting firms as first workplace

SK Group chairman Chey Tae-won’s daughter Chey Yun-jeong, AmorePacific Group chairman Suh Kyung-bae’s daughter Suh Min-jung and LF president & CEO Koo Bon-keul’s niece Koo Min-jeong have a strikin...

Updated : 2015.12.29 17:33

[SUPER RICH] Female superrich, East vs. West

There are more successful female entrepreneurs in Asia than in Western Europe and North America, according to new research from HSBC and market research firm Scorpio Partnership. The study, found th...

Updated : 2015.12.22 20:05

[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...

Updated : 2015.12.15 18:38

[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...

Updated : 2015.12.01 17:32

[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. ...

Updated : 2015.12.01 17:25

[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 ...

Updated : 2015.11.24 17:24

[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 f...

Updated : 2015.11.17 18:31

[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...

Updated : 2015.11.17 18:28

[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...

Updated : 2015.11.10 18:43