2) Suh Kyung-Bae – Net worth: $6.4 Billion
This 51-year-old billionaire runs cosmetics manufacturer and perfumer AmorePacific. The group’s revenue rose 6.3 percent to $2.4 billion. Etude and Innisfree are the company’s hot brands.
1) Lee Kun-Hee – Net Worth: $11.2 Billion
This 72-year-old billionaire is the wealthiest man in South Korea. He is the chairman of the Samsung Group. Samsung Electronics sold 314 million mobile phones in 2013. The sales reached $217 billion last year. Lee Kun-Hee has ended the feud with his siblings. The chaebol is very powerful in South Korea. Lee Kun-Hee’s father started the company in 1938. Today it is a multinational conglomerate.
These billionaires are highly influential in the region.
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