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#1103 Koo Bon-Moo
Photo by Polaris/Newscom
2018 Billionaires NET WORTH
as of 3/6/18
Koo Bon-Moo is the chairman of LG Group, Korea's fourth-largest conglomerate with interests in electronics, chemicals, telecom and household products.
Koo began his career with the group in 1975 as a manager at LG Chem and jumped to the group's flagship affiliate, LG Electronics, in 1980.
Since becoming chairman of LG Group in 1995, succeeding his father Koo Cha-Kyung, sales have risen from around $38 billion to over $140 billion.
Korea's tycoons have watched their fortunes rise this year, with the country's second richest man seeing his wealth soar almost 500% . But amid the more familiar names on this rich list, there are also several newcomers.