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Home » Latest » Data & Strategy » Wealthiest People in South Korea (February 27, 2024)

Data & Strategy

Wealthiest People in South Korea (February 27, 2024)

As of February 27, 2024, Jay Y. Lee was the wealthiest person in South Korea, with an estimated net worth of 10.8 billion U.S. dollars, followed by Cho Jung-ho (No. 2, $6.5 billion), Kwon Hyuk-bin (No. 3, $5.0 billion); and Kim Beom-su (No. 4, $4.9 billion).

Mong-Koo Chung is the fifth-richest person in South Korea, with a whopping $4.7 billion. Hong Ra-hee ranked 6th with a personal wealth of $4.2 billion, followed by Lee Boo-jin with $3.8 billion. Seo Jung-jin is placed 8th with a net worth of $3.8 billion. Euisun Chung ($3.5 billion) occupied the 9th position among the top 10 wealthiest people in South Korea.

     SOUTH KOREA BILLIONAIRES LIST 2024     

  1. Jay Y. Lee: $10.8 billion
  2. Cho Jung-ho: $6.5 billion
  3. Kwon Hyuk-bin: $5.0 billion
  4. Kim Beom-su: $4.9 billion
  5. Mong-Koo Chung: $4.7 billion
  6. Hong Ra-hee: $4.2 billion
  7. Lee Boo-jin: $3.8 billion
  8. Seo Jung-jin: $3.8 billion
  9. Euisun Chung: $3.5 billion
  10. Lee Seo-hyun: $3.4 billion
  11. Kwak Dong-shin: $2.3 billion
  12. Yoo Jung-hyun: $2.2 billion
  13. Koo Kwang-mo: $1.9 billion
  14. Bang Si-hyuk: $1.9 billion
  15. Chey Tae-won: $1.7 billion
  16. Kim Jun-ki: $1.6 billion
  17. Kim Jae-Young: $1.6 billion
  18. Suh Kyung-bae: $1.5 billion
  19. Lee Ho-Jin: $1.4 billion
  20. Lee Hae-jin: $1.3 billion
  21. Lee Su-jin: $1.2 billion
  22. Park Soon-jae: $1.2 billion
  23. Chung Yong-jin: $1.2 billion
  24. Lee Joong-keun: $1.1 billion
  25. Kim Taek-jin: $1.1 billion

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Nikolas Anderson, D.Litt.
Nikolas Anderson, D.Litt. in Public Affairs and Global Journalism, is the Associate Editor at CEOWORLD Magazine, where he combines deep financial acumen with communications expertise to deliver content that speaks to global executives. With a background in economics and public policy, Nikolas began his career as an investment analyst before moving into media as a financial commentator and strategic communications advisor. He has worked with leading asset managers, policy think tanks, and international business outlets.

At CEOWORLD, Nikolas leads editorial initiatives focused on financial leadership, corporate messaging, and economic trends. His work often explores how macroeconomic forces impact brand value and investor confidence. He holds a degree in Economics from a top U.S. university and a master's in Global Strategic Communications. He is a contributor to several financial policy journals and a frequent speaker at executive roundtables.

With a data-informed, narrative-driven approach, Nikolas curates content that helps executives understand not just what’s happening in the markets—but how to communicate and lead through it. He believes in responsible journalism and strategic messaging as twin engines of trust and influence in today’s corporate world.

Email Nikolas Anderson at nikolas@ceoworld.biz