The New Top 10 Richest People in South Korea.

The New Top 10 Richest People in South Korea.

South Korea is one of the most expensive countries, so it might come as no surprise that it’s home to some of the world’s mega-rich. Of the 2,755 wealthiest people on the Forbes 2021 list, 43 of them are South Korean. Many of these elite figures belong to famously wealthy South Korean families who have run multinational companies for generations.

South Korea’s mixed economy ranks 10th nominal and 13th purchasing power parity GDP in the world, identifying it as one of the G-20 major economies. It is a developed country with a high-income economy and is the most industrialized member country of the OECD. South Korean brands such as LG Electronics and Samsung are internationally famous and garnered South Korea’s reputation for their quality electronics and other manufactured goods.

Since the beginning of time, this great nation has been able to catapult into being the greatest in the industries that make a country grow. Impeccable individuals from South Korea have created corporations, industries, franchises, and have undertaken humanitarian purposes to capture the minds of the world.

In today’s article, we will take a look at the top 10 richest people in South Korea that have created their wealth through creating employment and rising above the challenges to be who they are now according to Forbes

Without wasting much time let’s dive in.

Rank Name of PersonalityEstimated Net Worth
#1Kim Beom-Su$13.2 Billion
#2Jay Y. Lee$11.5 Billion
#3Seo Jung-Jin$10.3 Billion
#4Kim Jung-Ju$7 Billion
#5Bom Kim$6.6 billion
#6Hong Ra-Hee$6.5 Billion
#7Kwon Hyuk-Bin$5.9 Billion
#8Chung Mong-Koo$5.1 Billion
#9Suh Kyung-Bae$3.1 Billion
#10Shin Chang-Jae $2.3 Billion
The New Top 10 Richest People in South Korea

Below is a short bio on the first two richest people in South Korea.

Kim Beom-Su

Kim Beom-Su is the richest person in South Korea. The founder of Kakao, the most popular South Korean messaging app. His estimated net worth is 13.2 billion dollars. South Koreans use Kakao for gaming, shopping, and even payments (Kakao Pay).

Jay Y. Lee

Jay Y. Lee is the second richest person in South Korea and he is serving time in prison for bribery charges to former South Korean President Park Geun-hye. Lee controls the world’s largest maker of smartphones and chips, Samsung.

You can also read more about the top richest people in South Korea on You can also check out our list for the top 10 richest people in Kenya also here:

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