8) Shin Chang-Jae – Net Worth: $2.1 Billion
This 60-year-old billionaire runs South Korea’s largest life insurance company Kyobo Life Insurance. He took over the company from his father (who was also its founder) in 1999.
7) Lee Jay-Hyun – Net Worth: $2.2 Billion
This 54-year-old billionaire artfully dodged years of taxes. Today he is confined to a wheelchair. He was sentenced to four years imprisonment in February for embezzling money and evading taxes.
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