Self-Made Billionaires Are Overtaking Korea's Old-Money Tycoons.

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    • Subject Terms:
      SOUTH Korea; ASIA
    • Abstract:
      "A major generational shift is taking place in Korea's wealthy population", said Lim Jungwook, managing partner at TBT, a Seoul-based venture capital firm. Keywords: 005930@KS; 035720@KS; 068270@KS; 0962533DKS; 259960@KS; CPNG; ALLTOP; ASIA; ASIATOP; BUSINESS; COS; DRG; GENTOP; GOV; HAR; HEA; INDUSTRIES; INTERNET; MED; SEM; SKOREA; TEC; TLS; TMT; WEALTH; WORLD; WWTOP; WWTOPAS; WWTOPEU EN 005930@KS 035720@KS 068270@KS 0962533DKS 259960@KS CPNG ALLTOP ASIA ASIATOP BUSINESS COS DRG GENTOP GOV HAR HEA INDUSTRIES INTERNET MED SEM SKOREA TEC TLS TMT WEALTH WORLD WWTOP WWTOPAS WWTOPEU A new elite of uber-rich entrepreneurs is shooting up the wealth rankings in South Korea, overtaking the families behind the country's decades-old sprawling conglomerates known as "chaebol."Brian Kim, the founder of mobile-messaging app Kakao Corp., is the most prominent example with a fortune of $12.9 billion, who recently replaced Samsung group heir Jay Y. Lee as the nation's richest person. [Extracted from the article]
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