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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.

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