I’m an associate editor at Forbes based in Hong Kong, covering entrepreneurs and investors in Asia. I edit the Korea’s 50 Richest wealth ranking and co-edit the Forbes Asia 100 to Watch list.
Although South Korea ’s benchmark Kospi index was one of the worst performers in Asia last year, it rebounded in 2024 fueled by investor frenzy over AI and the government’s $470 billion plan with the private sector to make the country a global chip production hub. The Kospi ’s 11% rise, since we last measured fortunes 12 months ago, lifted the collective net worth of the country’s 50 richest to $115 billion from $106 billion.
After falling from a pandemic-induced high, shares of Krafton rebounded more than 30% in the past year, boosted by the popularity of the Indian version of its hit video gameThe cutoff to make the list fell to $775 million from $830 million a year ago.
Michael Kim Samsung Electronics Korea Billionaires Korea Rich List Korea Richest Kospi Jay Y Lee Mbk Sk Hynix
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