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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.

Business Wire: Corporate Social Responsibility Related News Releases and Story Ideas for Reporters, Bloggers and Media Outlets

Business Wire: Corporate Social Responsibility Related News Releases and Story Ideas for Reporters, Bloggers and Media Outlets
finanznachrichten.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from finanznachrichten.de Daily Mail and Mail on Sunday newspapers.

Return to the Paris Agreement

KEY CONCEPTS On January 20, 2021, President Biden announced that the U.S. is rejoining the Paris Agreement an international agreement designed to avert catastrophic climate change. The central goal of the agreement is to hold global average temperatures to well below 2°C (3.6°F) above pre-industrial levels, and to pursue efforts to limit warming to 1.5°C (2.7°F). It was an amazing feat to pass the Paris Agreement, but the work ahead won’t be easy. A 1.5°C target would require a global emissions decrease of 7.6% per year from 2020 to 2030, or a decrease of 2.7% per year for the 2°C target.  Current NDCs put us on track to reach around 3.2°C by the end of the century, overshooting our 1.5°C/2°C target. But new developments like net-zero pledges and the opportunity to incorporate green initiatives into COVID-19 recovery move us closer to achieving our goal.

MacKenzie Scott, Jeff Bezos Former Wife, Donates another $4 2 Billion to 384 Charitable Organizations

MacKenzie Scott, Jeff Bezos’ Former Wife, Donates another $4.2 Billion to 384 Charitable Organizations By Pablo Luna   /   Friday, 18 Dec 2020 06:56PM Amazon founder Jeff Bezos’former wife, MacKenzie Scott, has donated another $4.2 billion to 384 charity organizations in the United States this year. The 18th wealthiest person in the world, according to the Bloomberg Billionaires Index, donated $1.7 billion to 166 organizations in July. With a net worth of $60.9 billion, Scott said she wants to speed up her philanthropic efforts to help people most affected by the coronavirus pandemic around the country. An author and a philanthropist, Scott received a quarter of Bezos’ Amazon shares following their marital divorce in 2019.

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