[Super Rich] Chaebol Cornell graduates with hold on hotel business

With the prestigious Ivy League known to offer top-notch education, elites with a business family background are flocking to the U.S. universities to gain an edge when they themselves inherit the fam...

Updated : 2016.06.30 14:47

[Super Rich] Rise of the daughters in fashion Korea

[ THE INVESTOR ] Step aside gentlemen, it’s time for the ladies to shine. South Korean conglomerates have long been dominated by men -- usually the sons and grandsons of the founders. Shinsegae ...

Updated : 2016.06.30 14:16

[Super Rich] Nature Republic stingy about sharing success with employees

[ THE INVESTOR ] Despite Korean cosmetics brand Nature Republic seeing overwhelming success, with revenue increasing sixfold in six years, the 7-year-old company has been stingy in sharing wealth w...

Updated : 2016.06.16 17:54

[Super Rich] Shinsegae to tap overseas liquor market

The recent takeover bid by Korean retail giant Shinsegae Group for “Jeju Soju” last week proves the passion of the group’s vice chairman Chung Yong-jin for the liquor business again. Chung, w...

Updated : 2016.06.16 17:20

[Super Rich] Nexon founder likely to face summons

Kim Jung-ju, founder of the country’s biggest online gaming giant Nexon, is likely to be summoned by the Supreme Prosecutors’ Office soon in a probe to determine whether he paid kickbacks. Kim, wh...

Updated : 2016.06.07 17:32

[Super Rich] Like father like son-in-law

Legendary Korean baseball pitcher Park Chan-ho and his millionaire father-in-law have more than family connections in common. Both currently have sizeable real-estate earnings and are committed to ph...

Updated : 2016.06.07 17:30

[Super Rich] Jejudo woos Saudi billionaire in bid to host Four Seasons

Jejudo Island, the nation’s popular vacation spot, was presented on Tuesday as a strong candidate for the location of the second Four Seasons hotel in Korea to visiting Saudi billionaire Prince Alwa...

Updated : 2016.05.17 17:35

[Super Rich] Unlisted affiliate may be key to CJ power transfer

Succession at Korean family-controlled conglomerates -- notorious for their complicated cross-shareholdings among affiliates -- tends to result in a tragicomedy drama, especially when there are many ...

Updated : 2016.04.12 17:21

[Super Rich] Hyundai Corp. latest Chung family group

Leading Korean trading company Hyundai Corp. has become the latest member of the so-called Chung Ju-yung family conglomerate groups -- which include Hyundai Motor Group, Hyundai Group, Hyundai Depart...

Updated : 2016.03.29 17:13

[Super Rich] Son strives to keep father’s legacy alive

Choi Shin-won, the second son of the late SK Group founder Choi Jong-kun, returned to the conglomerate’s corporate board a year after he stepped down as CEO of its petrochemical affiliate SKC in Mar...

Updated : 2016.03.23 10:42

[Super Rich] New breed of CEOs sharing wealth

The number of company founders and CEOs who share their wealth with employees is on the rise at home and abroad. Hanmi Pharmaceutical chairman Lim Sung-ki made headlines last year as he shared corpo...

Updated : 2016.03.01 23:53

[Super Rich] Hyun Jeong-eun’s struggles continue

Hyundai Group Chairwoman Hyun Jeong-eun Yonhap Hyundai Group chairwoman Hyun Jeong-eun has made headlines for the past couple of months with her struggles to keep the country’s 29th-largest busine...

Updated : 2016.03.01 21:38

[Super Rich] Expanded payroll disclosure plan irks business tycoons

Will people finally find out how much Samsung Electronics vice chairman Lee Jae-yong makes in a year? All eyes are now on a revision bill that will make public the payrolls of highest-paid business ...

Updated : 2016.02.23 18:18

[Super Rich] Listing could net chaebol families W4tr

Korea is expected to witness a booming stock market this year with many companies preparing to list on the main bourse KOSPI and the secondary tech-heavy KOSDAQ. Generally, companies decide to go pu...

Updated : 2016.02.23 18:03

[Super Rich] CJ chairman’s media-related stock wealth surges

Korean conglomerate CJ Group, which has a reputation as a leading food and consumer product manufacturer, is now prospering in the media and entertainment business. Ten years ago, the media and ente...

Updated : 2016.02.16 17:45