Two Korean entrepreneurs - Kim Woong-ki of Global Sae-A Group and Suh Kyung-bae of Amorepacific - have been named among the Top 200 Collectors of 2023 by ARTnews.
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Suh Min-jeong – the elder daughter of Chairman Suh Kyung-bae of South Korean beauty giant Amorepacific and the prime candidate to inherit the company – recently went into an abrupt yearlong leave of absence, fueling speculation about the company’s business strategy and succession scheme. Having already liquidated all of her stakes in Etude and Espoir, the two budget brands affiliated with the beauty.