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Naver founder to be summoned to National Assembly audit

Naver founder to be summoned to National Assembly audit
koreatimes.co.kr - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from koreatimes.co.kr Daily Mail and Mail on Sunday newspapers.

Self-made Kakao founder becomes Korea s richest person

Self-made Kakao founder becomes Korea s richest person
koreatimes.co.kr - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from koreatimes.co.kr Daily Mail and Mail on Sunday newspapers.

Self-made Kakao founder becomes Korea s richest person

Posted : 2021-07-30 15:00 By Kim Bo-eun Kakao Chairman Kim Beom-su / Courtesy of KakaoThe self-made founder of Kakao has become the country s richest person, backed by stock gains this year, according to the Bloomberg Billionaires Index. Bloomberg reported that Kakao Chairman Kim Beom-su, 55, has a net worth of $13.4 billion (15.4 trillion won), which places him at the top of Korea s wealth rankings. Following him is Samsung Electronics Vice Chairman Lee Jae-yong, with a net worth of $12.1 billion. Kim s assets ballooned by more than $6 billion this year as Kakao s share price surged 91 percent from early January. The tech company s stock gains were fueled by scheduled listings of multiple affiliates this year, including internet-based lender Kakao Bank, which will make its local stock market debut next month.

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