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Kakao to raise funds, convert K-Cube into social enterprise for mutual prosperity 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 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.
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. ....
Kakao founder launches charity foundation, Brian Impact Posted : 2021-06-10 16:55 By Kim Jae-heun Kakao founder Kim Beom-su has officially launched a private charity foundation called Brian Impact, which he had promised to do, after vowing in February to donate over half of his fortune to charitable causes. Kim received approval from the Ministry of Science and ICT to establish the organization last month and recently completed the process of constituting the five members of the board of directors. The constituents are the chairman himself, Bear Better CEO Kim Jung-ho, Ashoka Korea CEO Lee Hye-yeong, psychiatrist Chung Hye-shin and actor Lee Yoon-mi. ....
Kakao founder sells $447 million worth of stocks as part of donation pledge Posted : 2021-04-16 14:27 Kakao s Chairman Kim Beom-su / Korea Times file The founder of South Korea s top mobile messenger operator Kakao has sold 500 billion won ($447 million) worth of stocks in Kakao as part of his pledge to donate half of his assets, a filing showed Friday. The move came after Kim Beom-su, who serves as Kakao s chairman, pledged in February this year to donate more than half of his assets, which at the time was estimated to be worth more than 10 trillion won. In March, he joined the Giving Pledge, a global campaign created by Bill and Melinda Gates and Warren Buffett for the world s wealthiest individuals and families to give back the majority of their wealth. ....