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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.

Caproasia.com is the leading source of information, data, research and resource for financial professionals in Asia who manage assets and advise clients. Collectively, they manage more than $20 Trillion assets in Asia in Private Banking, Wealth Management, Multi-Family Office, Family Office, Fund Management, Asset Management, Insurance, Private Equity and Hedge Funds.