Kim Beom-su, the founder of South Korean internet juggernaut Kakao, will take charge of the sponsorship of performances for the Korea National Opera as the chief of its board of directors for the next three years, according to the Culture Ministry. Kim, who currently serves as the head of Kakao's Future Initiative Center, succeeds Seo Jeong-jin, the founder of biopharmaceutical giant Celltrion, in the non-execut.
A dispute over high inheritance tax resurfaced this week, after the surviving family members of Kim Jung-ju, the deceased head of gaming giant Nexon, paid their inheritance tax in the form of stocks.
The newest class of young billionaires consists of business owners from a variety of industries from activewear to gaming to eyeglasses. Hailing from Austria, South Korea and more, these Gen Zers.