[SUPER RICH] Superrich set dining trends with restaurant franchises

Restaurant franchise management is the rage among second- to fourth-generation chaebol scions. These superrich ― who have either studied abroad or go on frequent business trips ― are bringing over ...

Updated : 2015.01.27 21:20

[SUPER RICH] ‘Black tears’ of oil tycoons

South Korea often proclaims to itself as “a country that does not produce oil” ― a sort of rallying cry to encourage itself to survive in a largely oil-based world order. Oil is necessity for impr...

Updated : 2015.01.19 21:41

[SUPER RICH] Koo marks 20 years at LG helm

On the evening of Jan. 15, LG chairman Koo Bon-moo appeared as determined as ever. “Let the brand LG become the symbol of innovation, the true ‘first class’ that lives forever,” he told a group ...

Updated : 2015.01.19 21:35

[SUPER RICH] Foreign billionaires’ firms muscle into Korea

When global companies like Uber and IKEA expanded their business into South Korea last year, local taxi firms and retailers were caught off guard by their cheap pricing and fresh business ideas. And...

Updated : 2015.01.12 20:49

[SUPER RICH] Superrich linked to ‘dreams’

People tend to hold mixed feelings toward the superrich. While there is animosity or jealousy toward those who have so much, there is also a sense of desire to achieve what they have. The superrich ...

Updated : 2015.01.12 20:48

[SUPER RICH] Daum Kakao chief is Korea’s most liked superrich figure

We love, hate, envy, admire and emulate the traits of the rich men. In the digital era, we share information, impression and our feelings toward the superrich online. The Korea Herald Special Inves...

Updated : 2015.01.05 21:07

[SUPER RICH] Highest-earning billionaires of 2014

The year 2014 has been quite an eventful one for the superrich. Their assets and rankings have changed considerably, while new billionaires have emerged and others have forfeited their entire fortun...

Updated : 2014.12.29 21:46

[SUPER RICH] Lees’ Samsung reign to continue

The global community is closely watching Samsung Group, the country’s largest conglomerate, after it handed over its chemical and defense units to Hanwha Group. Samsung said the move was aimed at s...

Updated : 2014.12.22 21:31

[SUPER RICH] Owner family risk hits chaebol

Public anger is rising against the lack of leadership screening at South Korea’s family-controlled conglomerates, or chaebol, in the wake of the “nut rage” incident caused by Korean Air heiress He...

Updated : 2014.12.15 21:27

[SUPER RICH] Going the extra mile in philanthropy

Over the last 20 years, there has been a tremendous increase in the number of the world’s superrich and their wealth. The total assets of 1,645 billionaires with over $1 billion this year stood at ...

Updated : 2014.12.15 21:24

[SUPER RICH] Game of go makes great businesspeople

The game of go ― known as baduk in Korean ― is a board game where two players place black and white game stones on empty intersections or points of a board that is lined with a 19x19 grid. Unlike ...

Updated : 2014.12.08 21:19

[SUPER RICH] Cha’s success reveals secret of CEO longevity

The secret to becoming a long-surviving chief executive has become something of a buzzword in the country’s corporate world after LG Household & Health Care vice chairman Cha Suk-yong got an extensi...

Updated : 2014.12.08 21:14

[SUPER RICH] 30-something sons of chaebol owners step up influence

Tension is riding high in the nation’s corporate world as the majority of South Korean conglomerates are set to announce their annual personnel reshuffles this month. “Unlike previous times, Korea...

Updated : 2014.12.01 21:06

[SUPER RICH] Cheongdam-dong’s luxury villa owners

Cheongdam-dong is already famous for being one of the richest areas in Seoul. As much as it is home to many Korean business tycoons, a luxurious villa compound is also concentrated in the very region...

Updated : 2014.12.01 21:05

[SUPER RICH] Kohler eyes affluent Koreans

BUSAN ― Kohler, a U.S. supplier of high-end plumbing products, is hoping to see a 300 percent sales growth in the South Korean market next year, said Kohler Novita executive Choi Jae-kwan. “Design...

Updated : 2014.11.24 21:23