This is a list of South Korean billionaires based on an annual assessment of wealth and assets compiled and published by Forbes magazine in 2017. [1]
Forbes is an American business magazine. Published bi-weekly, it features original articles on finance, industry, investing, and marketing topics. Forbes also reports on related subjects such as technology, communications, science, politics, and law. Its headquarters is located in Jersey City, New Jersey. Primary competitors in the national business magazine category include Fortune and Bloomberg Businessweek. The magazine is well known for its lists and rankings, including of the richest Americans, of the world's top companies, and The World's Billionaires. The motto of Forbes magazine is "The Capitalist Tool". Its chair and editor-in-chief is Steve Forbes, and its CEO is Mike Federle. In 2014, it was sold to a Hong Kong-based investment group, Integrated Whale Media Investments.
Name | Citizenship | Net worth (USD) | Source of wealth | |
---|---|---|---|---|
1 | Lee Kun-hee | 20.6 billion | Samsung Group | |
2 | Seo Jung-jin | 11 billion | Celltrion (biotech) | |
3 | Jay Y.Lee | 7.9 billion | Samsung Group | |
4 | Suh Kyung-bae | 7.4 billion | Amorepacific (cosmetics) | |
5 | Kim Jung-ju | 7 billion | Nexon (online games) | |
6 | Kwon Hyuk-bin | 5.8 billion | Smilegate (online games) | |
7 | Chung Mong-koo | 4.9 billion | Hyundai Motor Group | |
8 | Chey Tae-won | 4.7 billion | SK Group | |
9 | Kim Beom-su | 3.3 billion | Daum Kakao | |
10 | Park Yeon-cha | 3.2 billion | Taekwang (sneakers) | |
11 | Chung Euisun | 2.6 billion | Hyundai Motor Group | |
12 | Kim Taek-jin | 1.9 billion | NCSOFT (online games) | |
13 | Shin Chang-jae | 1.8 billion | Kyobo Life Insurance | |
14 | Lee Ho-jin | 1.8 billion | Taekwang Industrial | |
15 | Hong Ra-hee | 1.8 billion | Samsung Group | |
16 | Bang Jun-hyuk | 1.7 billion | Netmarble (online games) | |
17 | Kim Sang-yeul | 1.7 billion | Hoban Construction | |
18 | Lee Joong-keun | 1.7 billion | Booyoung Group (construction) | |
19 | Koo Kwang-mo | 1.7 billion | LG Group | |
20 | Park Hyeon-joo | 1.7 billion | Mirae Asset Financial Group | |
21 | Lee Boo-jin | 1.7 billion | Samsung Group | |
22 | Lim Sung-ki | 1.6 billion | Hanmi Pharmaceuticals | |
23 | Lee Seo-hyun | 1.5 billion | Samsung Group | |
24 | Michael Kim | 1.5 billion | MBK Partners (PEF) | |
25 | Kim Jun-ki | 1.4 billion | DB Group (insurance) | |
26 | Shin Dong-bin | 1.3 billion | Lotte Group | |
27 | Lee Jay-hyun | 1.3 billion | CJ Group (food,entertainment) | |
28 | Lee Hae-jin | 1.3 billion | NAVER (internet portal) | |
29 | Chang Pyung-soon | 1.3 billion | Kyowon (education) | |
30 | Chey Ki-won | 1.2 billion | SK Group | |
31 | Cho Jung-ho | 1.2 billion | Meritz (finance) | |
32 | Chung Mong-joon | 1.2 billion | Hyundai Heavy Industries | |
33 | Hur Yong-in | 1.2 billion | SPC Group (food) | |
34 | Chung Yong-jin | 1.1 billion | Shinsegae Group (retail) | |
35 | Lee Myung-hee | 1.1 billion | Shinsegae Group (retail) | |
36 | Shin Dong-joo | 1.1 billion | Lotte Group | |
37 | Lee Sang-hyuk | 1.1 billion | Yellow Mobile (investments) | |
38 | Lee Joon-ho | 1.1 billion | NHN Entertainment | |
39 | Koo Bon-sik | 1.1 billion | LT Group | |
40 | Kim Jung-woong | 1.1 billion | cosmetics | |
41 | Hong Seok-joh | 1 billion | BGF Group (retail) | |
42 | Lee Hwa-kyung | 1 billion | Orion Group (food) | |
43 | Koo Bon-neung | 1 billion | Heesung Group (electronics) | |
44 | Cho Yang-rai | 1 billion | Hankook Tire | |
45 | Kim Nam-jung | 1 billion | Dongwon Group (food) | |
46 | Kim Nam-goo | 1 billion | Korea Investment Holdings | |
47 | Kim Dae-il | 1 billion | onlie games | |
48 | Bom Kim | 1 billion | Coupang (retail) | |
49 | Koo Bon-joon | 1 billion | LG Group | |
50 | Shin Dong-guk | 1 billion | Hanyang Precision (pharmaceuticals) | |
51 | Kenny Park | 1 billion | sneakers | |
The World's Billionaires is an annual ranking by documented net worth of the wealthiest billionaires in the world, compiled and published in March annually by the American business magazine Forbes. The list was first published in March 1987. The total net worth of each individual on the list is estimated and is cited in United States dollars, based on their documented assets and accounting for debt. Royalty and dictators whose wealth comes from their positions are excluded from these lists. This ranking is an index of the wealthiest documented individuals, excluding and ranking against those with wealth that is not able to be completely ascertained.
A billionaire, in countries that use the short scale number naming system, is a person with a net worth of at least one billion units of a given currency, usually major currencies such as the United States dollar, the euro or the pound sterling. Additionally, a centibillionaire has been deemed applicable to a billionaire worth one hundred billion dollars (100,000,000,000), a mark first achieved in 2017 by Amazon founder Jeff Bezos, with a net worth of $112 billion in a report issued in early 2018. The American business magazine Forbes produces a global list of known U.S. dollar billionaires every year and updates an Internet version of this list in real time. The American oil magnate John D. Rockefeller became the world's first confirmed U.S. dollar billionaire in 1916, and still holds the title of history's wealthiest individual.
Black billionaires are individuals of Black African ancestry with a net worth of at least US$1 billion. According to Forbes 2018 ranking of the world's billionaires, Nigerian business magnate Aliko Dangote with a net worth of $13.8 billion is the world's richest black person. Others on the list are Nigeria's Mike Adenuga with $4.6 billion, American media mogul Oprah Winfrey with a net worth of $2.8 billion (2018), South African gold magnate Patrice Motsepe, with $2.9 billion, Nigeria's Folorunsho Alakija with $2.5 billion and Mo Ibrahim, a British billionaire of Sudanese Nubian ancestry, who has been on the Forbes Billionaire list since 2008 and in 2012 had a net worth of $1.1 billion.