Richest People in Korea

Richest People in Korea

Richest People in Korea

According to reports, South Korea has a world record of 35 billionaires living in the country!From the time when Samsung has become the most distinguished and popular South Korean product, it should not be much of a surprise that the chairman of Samsung Electronics, Mr.  Lee Kun-hee is Korea's richest man with an estimate of a staggering 9 Billion dollars. 

However, these billionaires are also infamously convicted of misconducts such as misappropriation and tax dodging. Some of them are also in jail. This list brings you the wealthiest men living in Korea. Let’s have a look at these billionaires!

1. Lee Kun-Hee - $9 Billion

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The topmost spot for the richest man in Korea goes to none other than Lee Kun-Hee. Almost one fourth of the $1.4 trillion South Korean economy is powered by Samsung. Not surprising that workforces have equated Samsung to a faith. 

2. Suh Kyung-Bae - $7.8 Billion


The second spot for the richest person in Korea is Suh Kyung-Bae. He is estimated to have a net worth of $7.8 Billion. His firm AmorePacific is a cosmetics kingdom and is riding several influential waves. No wonder he is on the list! 

3. Jay Y. Lee - $7.1 Billion


Featuring third on the list is Jay Y Lee the son of Lee Kun-Hee who is number one on this list of the wealthiest men in Korea. Lee has been trained for years to become the worthy heir of his father’s empire! 

4. Chung Mong-Koo - $4.3 Billion


Fourth on this list of the richest Koreans is Chung Mong-Koo with an estimated net worth of $4.3 Billion. He chairs the Hyundai Motor Concern, the fifth main automaker around the globe. Late Chung Ju-Yung was Chung Mong-Koo’s father.

5. Chey Tae-Won - $3.6 Billion


6. Kwon Hyuk-Bin - $3.3 Billion


7. Chung Eui-Sun - $3 Billion


8. Kim Jung-Ju - $2.6 Billion


This list is indeed mesmerizing and shocking. That is so because so many billionaires are living in one single country. However, the fact that they have committed certain crimes like tax elusion, does put a black mark on their achievements!