[SUPER RICH] Hong Kong billionaire bets on Yeongjongdo jackpot

Pedestrians walk past the K11 Art Mall in Shanghai operated by New World Development, an affiliate of Chow Tai Fook owned by Cheng Yu-tung. (Bloomberg) Cheng Yu-tung, 89, who is the fifth-richest ma...

Updated : 2014.11.17 21:18

[SUPER RICH] Landowners in Korea’s most exclusive area

To Koreans, land is more than just money, especially when you own property in highly sought-after areas. This is because owning a plot of land is not just about making money, but also about power an...

Updated : 2014.11.17 21:17

[SUPER RICH] Billionaires reach for the sky

Skyscrapers, usually designed for office, commercial and residential use, could be called the pyramids of the 21st century. Towering above the skyline, they are clear symbols of industrialization, e...

Updated : 2014.11.10 19:34

[SUPER RICH] Influence of family businesses rising globally: McKinsey

Despite growing criticism of Korea’s family-controlled conglomerates, known locally as chaebol, U.S. management consultancy McKinsey found that family businesses are stronger and more vital around t...

Updated : 2014.11.10 19:27

[SUPER RICH] Celebrities’ posthumous fame and fortune

The wealth that some celebrities amass during their lifetimes can be mind-boggling. Ordinary people can only dream of such a fortune. Then of course, there are some famous people who manage to rake i...

Updated : 2014.11.03 21:07

[SUPER RICH] Samsung’s former No. 2 closes in on billionaire status

Former Samsung Group vice chairman Lee Hak-soo, the former right-hand man of group chairman Lee Kun-hee, is ready to return to center stage. But this time, it won’t be for Samsung Group. Lee has ma...

Updated : 2014.11.03 20:53

[SUPER RICH] AmorePacific chief emerges as billionaire icon

The stock market has played an instrumental role in creating the wealth of most South Korean billionaires. Suh Kyung-bae, 51, chairman of South Korean cosmetics-maker AmorePacific Group, is one such...

Updated : 2014.10.27 20:46

[SUPER RICH] World’s top brands

Interbrand, an American brand consultancy, has been releasing an annual ranking of 100 global brands since 2000, evaluating each brand’s financial performance, role and strengths. A closer look at ...

Updated : 2014.10.27 20:20

[SUPER RICH] Rise of the new breed

The rich are generally considered to be somber, strictly guarding their privacy and loath to mingle with strangers. However, this typical image does not seem to fit the profile of the youngest daught...

Updated : 2014.10.20 21:11

[SUPER RICH] Hyundai Heavy shifting to third-generation ownership

In an effort to create a sense of urgency for change, Hyundai Heavy Industries, the world’s largest shipbuilder, is moving toward a generational shift in its ownership. Last Thursday, the shipbuild...

Updated : 2014.10.20 21:03

[SUPER RICH] The allure of art

What makes art so fascinating to the superrich? Collecting artwork can be seen as a high-class hobby that befits the lives of society’s wealthiest. In fact, one way to measure wealth in modern socie...

Updated : 2014.10.13 21:09

[SUPER RICH] Self-made millionaire’s passion for art

As a collector, artist and businessman, Kim Chang-il, president of Arario Group, has for decades run his own company while following his passion for art. This year, the self-made multimillionaire op...

Updated : 2014.10.13 21:04

[SUPER RICH] Top 5 billionaires losing money

Many 21st-century billionaires have made their piles from stock investments. On the reverse side, this means that they could also lose their billions on account of stock values. As a case in point, ...

Updated : 2014.10.06 20:54

[SUPER RICH] MCM chief faces controversy over political ambitions

It seems that Kim Sung-joo, chief visionary officer of global fashion brand Modern Creation Munchen, has never been busier. On top of opening the MCM flagship store in Munich last month, she is now ...

Updated : 2014.10.06 20:51

[SUPER RICH] Lotte, Shinsegae turn to alcohol sector

It seems the heads of Lotte and Shinsegae, the country’s two leading retailers, are both smitten with the same item ― alcohol. These two market competitors are advancing into the local alcohol bus...

Updated : 2014.09.29 20:58
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