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List of Wealthiest People in South Korea

Nyongesa Sande by Nyongesa Sande
3 years ago
in Billionaires
Reading Time: 4 mins read
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List of Wealthiest People in South Korea

Billionaire Lee Jae Yong, vice chairman of Samsung Electronics Co., attends the Samsung Foundation's 2015 Ho-Am Prize ceremony in Seoul, South Korea, on Monday, June 1, 2015. In a deal announced last Tuesday, Cheil Industries Inc., Samsung Group's de facto holding company, will buy out construction affiliate Samsung C&T Corp. for about $9.2 billion in stock. The genius of the deal: Aside from generating about $25 billion in revenue, C&T holds more than $12 billion in other companies' shares, including crown jewel Samsung Electronics Co. Photographer: SeongJoon Cho/Bloomberg *** Local Caption *** Lee Jae Yong

List of Wealthiest People in South Korea. South Korea, officially the Republic of Korea (ROK), is a country in East Asia. It constitutes the southern part of the Korean Peninsula and borders North Korea along the Korean Demilitarized Zone. The country’s western border is formed by the Yellow Sea, while its eastern border is defined by the Sea of Japan. South Korea claims to be the sole legitimate government of the entire peninsula and adjacent islands. It has a population of 51.96 million, of which roughly half live in the Seoul Capital Area, the fourth most populous metropolitan area in the world. Other major cities include Incheon, Busan, and Daegu.

The Korean Peninsula was inhabited as early as the Lower Paleolithic period. Its first kingdom was noted in Chinese records in the early 7th century BCE. Following the unification of the Three Kingdoms of Korea into Silla and Balhae in the late 7th century, Korea was ruled by the Goryeo dynasty (918–1392) and the Joseon dynasty (1392–1897). The succeeding Korean Empire (1897–1910) was annexed in 1910 into the Empire of Japan. Japanese rule ended following Japan’s surrender in World War II, after which Korea was divided into two zones; a northern zone occupied by the Soviet Union and a southern zone occupied by the United States. After negotiations on reunification failed, the southern zone became the Republic of Korea in August 1948 while the northern zone became the communist Democratic People’s Republic of Korea the following month.

Jay Y. Lee is the wealthiest person in South Korea, with an estimated net worth of 8.5 billion U.S. dollars, followed by Seo Jung-jin (No. 2, $5.5 billion), Hong Ra-hee (No. 3, $5.2 billion); and Kwon Hyuk-bin (No. 4, $5.1 billion).

Here is a List of Wealthiest People in South Korea

  1. Jay Y. Lee: $8.5 billion
  2. Seo Jung-jin: $5.5 billion
  3. Hong Ra-hee: $5.2 billion
  4. Kwon Hyuk-bin: $5.1 billion
  5. Cho Jung-ho: $4.2 billion
  6. Kim Beom-su: $4.2 billion
  7. Mong-Koo Chung: $4.2 billion
  8. Lee Boo-jin: $3.5 billion
  9. Lee Seo-hyun: $3.1 billion
  10. Euisun Chung: $3.1 billion
  11. Yoo Jung-hyun: $2.7 billion
  12. Bang Si-hyuk: $2.4 billion
  13. Koo Kwang-mo: $1.7 billion
  14. Suh Kyung-bae: $1.7 billion
  15. Kwak Dong-shin: $1.6 billion
  16. Kim Jun-ki: $1.6 billion
  17. Kim Jae-Young: $1.5 billion
  18. Lee Ho-Jin: $1.4 billion
  19. Chey Tae-won: $1.4 billion
  20. Lee Hae-jin: $1.4 billion
  21. Kim Jung-min: $1.3 billion
  22. Kim Jung-youn: $1.3 billion
  23. Ryu Kwang-ji: $1.3 billion
  24. Lee Su-jin: $1.2 billion
  25. Kim Chang-soo: $1.2 billion
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