Good example of charity
Kakao founder deserves praise for deciding to donate wealth
Kakao Corp. Chairman Kim Beom-su, one of Korea s self-made business tycoons, expressed his intention Monday to donate more than half of his wealth to help solve social problems. Kim s net worth is estimated to be more than 10 trillion won ($8.9 billion), including 12.5 million shares of Kakao valued at over 5.7 trillion won. As I watched social problems deepen in various areas, I thought I should not defer my decision any longer, Kim said in a New Year message to his employees.
Besides the massive amount of money involved, Kim s decision is noteworthy in terms of motivation. Occasional large-scale donations by the heads of large business groups in the past have, more often than not, caused doubts about their true intentions. Some tycoons did so to express atonement for irregularities uncovered or had to bite the bullet yielding to the power elite s demands. Others created public trusts as a
Kakao founder s charitable donation casts new light on culture of giving
Posted : 2021-02-09 16:44
By Kim Hyun-bin
Kakao Chairman Kim Beom-su has set an example by pledging to donate half of his wealth to charity to help solve problems in society. His act of kindness has turned him into a role model and also casts light on large contributions made by other prominent people in the past.
Kim is worth over 10 trillion won, including 12.5 million shares he owns in Kakao valued at 5.7 trillion won. Kim said he was working on the specifics of where to donate his money, but added that he wants to help needy people in areas where Kakao has not already offered support. This marks the first time that the head of a business conglomerate donated trillions of won out of his own pocket.
Published February 8, 2021, 7:28 AM
The Cultural Heritage Administration (Administrator Chung Jae-suk) has released a web drama titled “300-Year-Old Class of 2020”, which the heritage agency has produced to promote Seowon, the Neo-Confucian academies in Korea, a UNESCO World Heritage property.
The series was released on CHA’s YouTube channel http://www.youtube.com/user/chluvu, the drama’s website http://koreaseowon.com, Naver TV and Kakao TV last 2020 December 21.
The series, consisting of six episodes of ten minutes each, is a fantasy comic web drama that tells the story of three students, who were studying in Seowon during the Joseon period and who accidently time travelled and arrived at present-day Seowon in 2020.
Monday, 08 Feb 2021 07:46 PM MYT
This undated handout photo received from South Korean company Kakao on February 8, 2021 shows an image of Kim Beom-su, a self-made billionaire and founder of the country’s biggest mobile messenger operator KakaoTalk. AFP pic
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SEOUL, Feb 8 One of South Korea’s wealthiest people, the billionaire founder of the country’s biggest mobile messenger operator KakaoTalk, promised today to give away more than half his wealth.
The decision by self-made Kim Beom-su, worth around US$9.4 billion (RM38.2 billion), is an unusual one for the world’s 12th-largest economy, where business is dominated by sprawling family-controlled conglomerates.