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2017 Korea Top 50 Richest

The top 50 richest people in Korea in 2017 have a combined estimated net worth of more than $132.45 billion, in the Forbes report released in 2018.

Lee Kun-Hee, who is the Chairman of Samsung, top the list with an estimated net worth of $20.6 billion. Seo Jung-Jin, who is CEO of Celltrion (Korea’s largest biotech company), is 2nd on the list with $11 billion. Jae Y. Lee, Vice Chairman of Samsung, is 3rd on the list with $7.9 billion.

Suh Kyung-Bae, the Chairman of AmorePacific Corporation (Korea’s largest beauty & health company) and Kim Jung-Ju, the co-founder of Nexon (global video game company), rounded up the top 5 richest people in Korea with $7.6 billion and $7.1 billion respectively.

 

Top 5 Richest in Korea:

Rank Name Net Worth (USD) Age Source Company
1 Lee Kun-Hee $20.6 B 76 electronics Samsung
2 Seo Jung-Jin $11 B 60 biotech Celltrion
3 Jae Y. Lee $7.9 B 49 electronics Samsung
4 Suh Kyung-Bae $7.6 B 55 cosmetics Amorepacific
5 Kim Jung-Ju $7.1 B 50 online games NEXON

 

Korea’s Richest Fast Facts:

The Richest: Lee Kun-Hee with $20.6 Billion, Samsung

Singapore Early Development
Singapore Early Development


Top 50 Total Net Worth: $132.45 Billion

The Average Age: 58.9 Years Old

The Oldest Age: 80 Years Old ($4.9 Billion, Chung Mong-Koo, Hyundai Motor Group – Korea’s second-biggest family-owned conglomerate | $960 Million Co Yang-Rai, Hankook Tire Co. – Korea’s largest tire manufacturer | $880 Million, Lee Sang-Il – Iljin Global – manufacturer of motor vehicle parts)

The Youngest Age: 38 Years Old ($1.05 Billion, Kim Dae-Il, Pearl Abyss – a game developer based in Korea)

 

2017 Korea Top 50 Richest:

Rank Name Net worth (USD) Age Source Company
1 Lee Kun-Hee $20.6 B 76 electronics Samsung C&T
2 Seo Jung-Jin $11 B 60 biotech Celltrion
3 Jae Y. Lee $7.9 B 49 electronics Samsung Electronics
4 Suh Kyung-Bae $7.6 B 55 cosmetics Amorepacific
5 Kim Jung-Ju $7.1 B 50 online games NEXON
6 Chung Mong-Koo $4.9 B 80 motor vehicles Hyundai Motor
7 Chey Tae-Won $4.7 B 57 IT, telecom SK Holdings
8 Kwon Hyuk-Bin $4.3 B 44 online games Smilegate Holdings
9 Bang Jun-Hyuk $2.9 B 50 online gaming Netmarble
10 Lim Sung-Ki $2.85 B 78 pharmaceuticals Hanmi Holdings
11 Park Yeon-Cha $2.75 B 72 sneakers Taekwang Industrial
12 Chung Eui-Sun $2.7 B 47 logistics Hyundai Motor
13 Kim Beom-Su $2.6 B 52 online services Kakao
14 Shin Chang-Jae $2.3 B 64 insurance Kyobo Life Insurance
15 Lee Myung-Hee $2.25 B 74 retail Shinsegae
16 Lee Boo-Jin $2.05 B 47 computer services, tourism Samsung C&T
17 Park Hyeon-Joo $2 B 59 mutual funds Mirae Asset
18 Lee Jay-Hyun $1.95 B 58 food products, entertainment CJ Corporation
19 Lee Seo-Hyun $1.9 B 44 computer services, tourism Samsung C&T
20 Lee Joong-Keun $1.8 B 77 construction, real estate Booyoung Group
21 Kim Jun-Ki $1.65 B 73 diversified Db Insurance
22 Lee Ho-Jin $1.55 B 55 diversified Taekwang Industrial
23 Chang Pyung-Soon $1.54 B 67 educational services Kyowon Group
24 Kim Taek-Jin $1.53 B 51 online games NCSOFT Corporation
25 Chey Ki-Won $1.5 B 53 computer services, telecom SK Holdings
26 Chung Yong-Jin $1.49 B 49 retail Shinsegae
27 Hur Young-In $1.47 B 69 bakeries, fast food Paris-Croissant Food
28 Cho Jung-Ho $1.42 B 59 finance Meritz Financial Group
29 Chung Mong-Joon $1.4 B 66 shipbuilding, industrial machines Hyundai Heavy Industries
30 Lee Hwa-Kyung $1.3 B 62 snack foods Orion Holdings
31 Kim Nam-Jung $1.26 B 45 food Dongwon
32 Shin Dong-Guk $1.2 B 68 Pharmaceuticals Hanyang Precision
33 Shin Dong-Bin $1.19 B 63 retail Lotte Shopping
34 Koo Bon-Sik $1.18 B 59 electronics/household products Heesung
35 Lee Joon-Ho $1.17 B 53 online games NHN Entertainment
36 Kenny Park $1.16 B 63 handbag manufacturing Simone Accessory
37 Koo Bon-Neung $1.15 B 69 electronics Heesung Electronics
38 Shin Dong-Joo $1.12 B 64 retail Lotte Shopping
39 Hong Seok-Joh $1.1 B 65 convenience stores BGF Retail
40 Lee Sang-Hyuk $1.08 B 47 investments Yello Mobile
41 Cho Hyun-Joon $1.07 B 50 diversified Hyosung
42 Kim Dae-Il $1.05 B 38 mobile gaming Pearl Abyss
43 Michael Kim $1.04 B 54 Investment MBK Partners
44 Kim Nam-Goo $1.02 B 54 Investment Korea Investment Holdings
45 Koo Bon-Joon $1 B 66 electronics, household products LG Electronics
46 Cho Yang-Rai $960 M 80 tire manufacturing Hankook Tire Co. Ltd.
47 Bom Kim $950 M 39 online retailing Coupang
48 Lee Hae-Jin $940 M 50 Internet Naver
49 Sang-Rok Lee $930 M 43 cosmetics Carver Korea
50 Lee Sang-Il $880 M 80 car parts Iljin Global

 

*Data 6th June 2018

Source: Caproasia Institute, Forbes

 

2017 Rich List – South-east Asia

2017 Rich List – North Asia

2017 Rich List – Global





Join more than 4,000 ++ leading financial professionals in Asia. Sign up here. Are you a Private Banker? Sign up here.

For financial professionals managing assets or advising client , sign up here. Gain advantage today as a Caproasia user. For existing Caproasia user, contact your regional representative.