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Lee Kun-Hee of Samsung Group Tops Forbes' Korea Rich List: Nexon's Kim Jung-Ju Biggest Gainer after IPO in Tokyo

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Lee Kun-Hee of Samsung Group Tops Forbes' Korea Rich List: Nexon's Kim Jung-Ju Biggest Gainer after IPO in Tokyo

Singapore, 26 April 2012 - Lee Kun-Hee, the 70-year old chairman of Samsung Group isthe richest man in Korea once again with a net worth of $10.8 billion, up $1.5 billion from the year before, according to the latest Forbes' Korea Rich List 2012. The full list can be found at www.forbes.com/korea and in the May issues of Forbes Asia and Forbes Korea, the Korean language edition of Forbes, now on newsstands.

The gain in Lee Kun-Hee's net worth was the second highest after Kim Jung-Ju. The44-year old entrepreneur who founded online gaming company, Nexon, catapulted to third place on the Korea rich list from No. 9 last year.

Kim's wealth has more than doubled in a year from $2.06 billion to $4.3 billion after he listed Nexon in Tokyo in December 2011. The $1.2 billion initial public offering wasJapan's largest of the year. Since the launch the stock has risen 17%. The company expects revenue to grow 25% this year.

Yoon Gil-Joo, editor-in-chief of Forbes Korea, said: "The top rankings on the Korearich list have been linked to chaebols in the past. Kim's success as an entrepreneur is remarkable".

Overall, the collective net wealth of Korea's 40 richest climbed by $500 million to $66.1 billion during a period when the main stock index fell 6.15%. A record 22 billionaires are on this year's list, up from 21 last year. The minimum net worth to be ranked is $515 million, against $525 million last year. Tim Ferguson, editor of Forbes Asia, commented: "We are seeing solid pockets of new superwealth in Korea".

Despite the dip in the KOSPI index last year, a 52% rise in shares of Samsung Electronics propelled Lee Kun-Hee's net wealth. The company chalked up sales of $155 billion and became the world's largest memory chip and flat screen TV manufacturer.

Ranked second place on the list is Chung Mong-Koo, chairman of Hyundai Motor,the world's fifth largest automaker. Chung is valued at $6.6 billion, compared to $7.4 billion last year. In 2011, Hyundai and Kia sold 6.6 million vehicles and their combined US marketshare jumped from 3% in 2001 to 10% a year ago.

The two richest women on the list are Lee Myung-Hee, sister of Lee Kun-Hee, and Lee Boo-Jin, his eldest daughter. Lee Myung-Hee is at No. 11 on the list and heads Shinsegae Group, the country's second largest retailer after Lotte. She is worth $1.68 billion, up from$1.6 billion last year. Lee Boo-Jin is worth $1.23 billion, up from $1.1billion last year.

There are five new faces on this year's list, including one who joined as a billionaire,Lee Joong-Keun, who is ranked No. 20 with a net worth of $1.04 billion. Lee oversees apartment-construction company Booyoung. The others are Park Sung-Soo (No. 32), who started with a tiny clothing shop and is now Chairman of E-Land, a company that has expanded into the fashion, distribution and hotel businesses. The other newcomers are Seo Jung-Jin of Celltrion, the largest biotech company in Korea (No. 31), Lee Joong-Keun (No.20) and Shin Sun-Ho (No. 39). The latter two made their fortunes from real estate.

Two tycoons return to the list after dropping off last year: Lee Hae-Jin of NHN, acompany that operates Korea's widely used search engine Naver, and Lee Joon-Yong ofconstruction company Daelim.

The top 10 richest Koreans are:

1) Lee Kun-Hee; US$10.8 billion

2) Chung Mong-Koo; $6.6 billion

3) Kim Jung-Ju; $4.3 billion

5) Chung Eui-Sun; $3.1 billion

6) Shin Chang-Jae; $2.2 billion

7) Chung Mong-Joon;$2.17 billion

8) Chey Tae-Won; $1.9 billion

9) Shin Dong-Bin; $1.87 billion

10)Shin Dong-Joo; $1.75 billion

The list was compiled using shareholding and financial information obtained from thefamilies and individuals, stock exchanges, analysts, South Korea's Financial Services Commission and other sources. Net worths are based on stock prices and exchange rates as ofthe close of markets on April 13. Privately held companies were valued by comparing them with similar publicly traded companies.

For more information, visit www.forbes.com/korea

Licensed in 2003, Forbes Korea is a monthly Korean language publication by Joongang Ilbo, one of South Korea's leading media conglomerates. About one-third of Forbes Korea's content is from Forbes and Forbes Asia; the rest are local stories. Content include news on South Korea's chaebols, entrepreneurs, celebrities, andphilanthropists as well as on the lifestyle and insights of the rich and famous in Korea.

Forbes Media encompasses Forbes and Forbes.com (www.forbes.com), the leading business site on the Webthat reaches on average 30 million people monthly. The company publishes Forbes and Forbes Asia, which together reach a worldwide audience of more than 6 million readers. It also publishes ForbesLife magazine, in addition to licensee editions in Africa, Argentina, Bulgaria, China, Croatia, Czech Republic, Estonia, Georgia,India, Indonesia, Israel, Kazakhstan, Korea, Latvia, Middle East, Poland, Romania, Russia, Slovakia, Turkey,and Ukraine.Other Forbes Media Web sites are ForbesWoman.com; RealClearPolitics.com; RealClearMarkets.com;RealClearSports.com and RealClearWorld.com. Together with Forbes.com, these sites reach on average 36 million business decision makers each month.

Steve Forbes serves as Chairman and Editor in Chief. Mike Perlis is President and Chief Executive Officer.

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Video Added Korean drama 'Ms. Mood and Nam Jung-gi' episode 14

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"Ms. Temper and Nam Jung-gi" (2016) Directed by skill of Lee Hyeong-min Written by Joo Hyeon-I Network : jTBC With Lee Yo-won, Yoon Sang-hyeon, Hwang Chan-seong, Choi Hyeon-joon, Im Ha-ryong, Son Jong-hak,... 16 episodes - Fri, Sat 20:30 Often referred to as "Bad Tempered Grown-ups" Synopsis "Ms. Temper and Nam Jung-gi" is a drama about the susceptiblenow not subduing to raised powers starring Lee Yo-won, Yoon Sang-hyeon, Kim Seon-yeong and more. Broadcast beginning date in Korea : 2016/03/18

SISTAR’s Bora Talks About Her Made up our minds Mindset With InStyle Magazine

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SISTAR’s Bora Talks About Her Made up our minds Mindset With InStyle Magazine

SISTARs Bora Talks About Her Made up our minds Mindset With InStyle Mag kminjungee April 30, 2016 0 On April 28, pictures from SISTAR member Boras newest colorful photo shoot with InStyle magazine were released.

She wears plenty of bright patterns and colors, whilst sitting in an empty studio. Bora expresses a youngerair of mysterythru her matured expressions and poses, practicallyas though she used to be a painted masterpiece. The idol reportedly gained compliments from the body of workers for her talent to be multi-talented, even on set.

During the interview, Bora finds her robust mindset, stating, I would like toat all times put forth my best possible effort, and reside up to the publics expectancies of me.

Video Added Korean drama 'Monster - 2016' episodes nine and 10

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"Monster - 2016" (2016) Directed by way of Joo Seong-woo Written by Jang Yeong-cheol, Jeong Kyeong-soon-I Network : MBC With Kang Ji-hwan, Seong Yoo-ri, Park Ki-woong, Soo Hyeon, Gi-kwang, Lee Yeol-eum,... 50 episodes - Mon, Tue 22:00 Synopsis "Monster - 2016" depicts vengeance by a man, who fights opposed to the irrationality of the society Broadcast beginning date in Korea : 2016/03/28

LU:KUS Adjustments Their Workforce Name

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LU:KUS Adjustments Their Workforce Name

In a press release shared to the group’s legit Facebook page, the individuals unveiled that they are going to be proceeding with all activities beneaththe hot mention L.A.U. The verdictwas once made in order that they would have a set name that became more meaningful to the crowd and the fans, as the members determinedat the name themselves.

As for their long run schedules, L.A.U also announced that they’re making plans for a secret fan assembly at the finish of May. The group then intends to advertise in Korea and Japan beginning in June.

TWICE Showcases Their Fascinating Aspect For OhBoy! Pictorial

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TWICE Showcases Their Fascinating  Aspect For OhBoy! Pictorial

Fortify the artist viapurchasing Page Two from YesAsia Related Tags OhBoy!TWICEPost NavigationOldTaleK-Pop Superstar Makeup Artists Son Park DivulgeFamous personGood looks Secrets

K-Pop Celebrity Makeup Artists Son & Park Disclose Famous person Attractiveness Secrets

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K-Pop Celebrity Makeup Artists Son & Park Disclose  Famous person  Attractiveness Secrets

K-Pop Famous person Makeup Artists Son Park DiscloseSuperstarAttractiveness Secretssokoglam April 30, 2016 0 Park Tae Yun and Son Dae Sik are two influential makeup artists in Korea that experience worked with each K-pop and K-drama celebrity imaginable. Now they have got their own popular cosmetics line called Son Park that has accomplished celebrity-cult status.

Soko Glam chatted with Son Dae Sik, who could also be the professional makeup artist of Jun Ji Hyun, and Park Tae Yun, the makeup artist of K-pop stars comparable to SISTAR and Sandara Park from 2NE1, to get their favourite Korean celebrity beauty tips!

1. Skin FirstSon says, “Skin care is the majora section of your makeup routine. You want to cope with your skin so as for your makeup to seem flawless. So be certain to cleanse, tone, and gently exfoliate to be sure your pores are cleansed effectivelyearlier than applying makeup.”

SHINee’s Minho Displays Off His Air of secrecy For Trend Korea

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SHINee’s Minho Displays Off His Air of secrecy For Trend Korea

SHINees Minho Displays Off His Air of secrecy For Trend Koreaorionight April 30, 2016 0 SHINee’s Minho shows off his noted charisma for the Mightfactor of Vogue Korea.

Minho traveled all of the way to Berlin, Germany for the photo shoot, which was once unveiled on April 25. In the photos, Minho shows off his tall, thin figure with a close-fitting pair of dark pants and a baseball jacket. Other outfits also featured a leather jacket and a elementary coat.

In the interview portion of the pictorial, Minho also opens up about his contemporary roles, adding his first movie part in “Spring Granny” and his role in the approaching drama “Hwarang” along Park Search engine marketing Joon and Move Ara.

Guest Video Movie Review "My Sassy Girl" from Asian Filmist

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What is a sassy woman Why just about any guy will like this movie... although they hate romantic videos How "My Sassy Girl" touches on such so much of themes... and connects them really well Why this movie's OST is considered as a vintage A terrible sequel not to glance at Why this film is a must-watch And one more reasonyou wish to watch "My Sassy Girl" that did not make it into the video. You canbring to mind relationships, time capsules, and your first love otherwise after seeing this touching film.

Watch our video review of "My Sassy Girl" and notice how Cha Tae-hyeon deals with his sassy girl, Jeon Ji-hyeon. And if you need more Korean motion picture recommendations, do take a glance at our10 Korean films of 2015 it's profitable totest out.

The author, Jason Yu, is from Asian Filmist, a site that is going in-depth about Asian movies. He works as a foreign journalist as press and media in Seoul, Korea.

Song Joong Ki Rocks Informal Looks For Best Ten

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Song Joong Ki Rocks Informal Looks For Best Ten

Song Joong Ki Rocks Informal Looks For Best Tenilmare42 April 30, 2016 0 Actor Song Joong Ki displays off a relaxed, weekend glance in some new pictures for clothing store Top Ten.

Top Ten these days shared photos from their shoot with Song Joong Ki on their authentic homepage and Facebook. In the pictures, he chills out in cosy clothing whilsthaving a look as without difficultygood-looking as ever.

Song Joong Ki recently become a familycall after starring in the big hit KBS drama Descendants of the Sun, which aired its ultimate episode on April 22. He has since been playinglargestatuseither in Korea and internationally, and is embarking on a fan assemblyexcursion in Asia.

Upcoming Korean drama "Gaia"

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Written by Kim Ban-diNetwork : MBCWith Kang Ha-neul, Chanyeol, Kwon Yoo-ri,...Tue 22:00SynopsisA famous, ill-tempered idol and a regularlady are stranded on an island after their aircraft crashes.Broadcast beginning date in Korea : 2016