Billionaires

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From the May 2024 issue

Jailed Billionaire Lee Dong-Chae’s EcoPro, Maker Of EV Battery Materials, Charges Ahead

As investors sought to cash in on the EV boom, EcoPro’s shares skyrocketed more than 1,000% in the first eight months in 2023.

ByZinnia LeeForbes Staff
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From the May 2024 issue

CEO Of Chip Equipment Maker Joins Ranks Of Korea’s 50 Richest On AI Boom

The rosy outlook for powerful AI chips catapulted newcomer Kwak Dong Shin, CEO of Hanmi Semiconductor, into the billionaire ranks.

ByZinnia LeeForbes Staff
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From the May 2024 issue

Hyundai Motor’s Billionaire Chairman Bets $18 Billion On An Electric Future

Euisun Chung, executive chair and CEO of Hyundai Motor, is driving full tilt into the electric-vehicle market.

ByCatherine WangForbes Staff
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From the May 2024 issue

Billionaire Founder Of Korean Biotech Giant Celltrion Comes Out Of Retirement To Fulfill Global Ambitions

Seo Jung-jin, cofounder of drugmaker Celltrion, came out of his two-year retirement to oversee the company’s long-delayed restructuring involving the merger of its listed units.

ByCatherine WangForbes Staff
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From the May 2024 issue

Samsung’s Jay Y. Lee Is Korea’s Richest Person For The First Time

An AI-fueled boom drove up shares of Samsung Electronics, propelling executive chairman Jay Y. Lee to the top spot on the Korea wealth rankings for the first time.

ByJohn KangForbes Staff
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From the May 2024 issue

Korea’s 50 Richest 2024: AI Frenzy Boosts Combined Wealth To $115 Billion

Fueled by the country’s global chipmaking ambitions, collective wealth rises to $115 billion.

ByJohn KangForbes Staff
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WATCH
15 hours ago

This Thrill-Seeking Billionaire Made A Fortune In Luxury Apartments

Larry Connor made a fortune in luxury apartments by obsessing over the smallest transaction. His strategy has paid off for years, but now that the market has shifted, how close to the edge is he willing to go?

ByJonathan PalmerForbes Staff
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PREMIUM16 hours ago

Meet The Skydiving Billionaire With Sky-High Returns

Thrill-seeking Larry Connor has notched astronomical real estate returns while flying a fighter jet, traveling into space and plunging to the depths of the ocean.

ByGiacomo TogniniForbes Staff
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PREMIUM22 hours ago

Singapore’s URA Accepts Billionaire Cousins’ Low Bids For Housing Sites

The government has accepted the low bids made by joint ventures backed by billionaire Kwek Leng Beng and his Malaysian cousin Quek Leng Chan for two Singapore housing sites.

ByJonathan BurgosForbes Staff
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Apr 16, 2024

Rinehart’s New Attack On China’s Rare Earth Dominance

Australian iron ore billionaire Gine Rinehart has revealed a 5.82% stake in Lynas Rare Earths, lifting the lid a little more on her rare earth plans.

ByTim TreadgoldContributor