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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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Which Male K-Drama Persona Is Your Ideal Type? QUIZ

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Which Male K-Drama Persona Is Your Ideal Type? QUIZ

(Photo : MBC ) Those K-Drama characters include:

(Photo : tvN ) These K-Drama characters include:

(Photo : SBS ) These K-Drama characters include:

USA & Canada South Korean Romantic Comedy "Like for Likes" Makes North American Debut on February 26

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"Like for Likes" follows 3 couples: the first, a sharp-tongued tvauthor (Lee Mi-yeon) on best of her game and a carefree celebrity actor (Yoo Ah-in) who started his profession on her television series. The 2d one couple is made up of a middle-aged nosy chef (Kim Joo-hyeok) whose fiance left him, and a spinster flight attendant (Choi Ji-woo) who lost her home. The ultimate couple is a talented composer (Kang Ha-neul) who writes popular love songs yethasn't ever experienced love and a television manufacturer (Esom) who knows how a game of love is played.Director Park Hyeon-jin, who made her directorial debut with "Lovers of 6 Years", created this film to capture the cultural landscape of up to date day dating. The motifs of social networks and romance is relatable to audiences everywhere.The film may be released in 17 major places in North America adding New York, Chicago, Los Angeles, Dallas, and Toronto. In partnership with CJ EM, DramaFever, the leading online destination for global telly shows, videos and concerts, will be web hostinga complicated screening on February 25 at AMC Empire 25 in New York. Attendees who don't appear to be already Top ratecontributors volitionget keep of a unfastened 30-day DramaFever subscription. Tickets will also bebought here. Seating will be limited.

Los Angeles CGV Cinemas 2/26/2016 621 S Western Ave, Los Angeles, CA 90005Dallas Cine Oasis 2/26/2016 1130 W Trinity Generators Rd #100, Carrollton, TX 75006Fullerton Regal Los angeles Habra 2/26/2016 1351 West Imperial Motorway La Habra, CA 90631DC Regal Fairfax Towne 2/26/2016 4110 West Ox Rd Suite 12110, Fairfax, VA 22033Dallas Cine Oasis 2/26/2016 1130 W. Trinity Mills Rd, Carrollton Tx 75006San Jose AMC Eastridge 2/26/2016 2190 Eastridge Loop, San Jose, CA 95122New York AMC Empire 2/26/2016 234 W 42nd St, New York, New york 10036Seattle AMC Alderwood 2/26/2016 18733-33rd Ave. West Lynnwood, WA 98037Denver AMC Arapahoe Crossin 2/26/2016 6696 S Parker Rd, Aurora, CO 80016Chicago AMC Showplace Niles 2/26/2016 301 Golfing Mill Middle Niles, IL 60714Atlanta AMC Sugarloaf Mills 2/26/2016 5900 Sugarloaf Pkwy, Lawrenceville, GA 30043Irvine Regal Edwards UTC 2/26/2016 4245 Campus Drive, Irvine, CA 92612New Jersey NA Edgewater 2/26/2016 339 River Road, Edgewater, NJ 07020Honolulu Consolidated Pearlri 2/26/2016 98-1005 Moanalua Road, Aiea, HI 96701Vancouver Cineplex Coquitlam 2/26/2016 170 Schoolhouse Street, Coquitlam, BC V3K 4X9, CanadaToronto Cineplex Empress Wal 2/26/2016 5095 Yonge St, Toronto, ON M2N 6Z4, CanadaSan Fransisco AMC Cupertino 2/26/2016 10123 N Wolfe Rd #3000, Cupertino, CA 95014

GFRIEND Takes House Their 7th Win on “Music Bank” With “Rough”

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GFRIEND Takes House Their 7th Win on “Music Bank” With “Rough”

GFRIEND Takes House Their 7th Win on Tune banking concern amongst Roughkminjungee February 12, 2016 0 GFRIEND takes the primaryposition spot once backat the February 12 broadcast of KBSs Music Bank, making this their 7th win in total. Theyve prior to now won on SBS MTV‘s “The Show,” MBC Music‘s “Show Champion, SBSs Inkigayo, and two times on Mnet’s “M!Countdown. This makes it their 2d consecutive win on Music Bank.

They were up opposed to WINNER, yetin the end took the #1 spot. GFRIEND thank their fans, families, corporate staff, or even their seniors. Also, they dont fail to remember to relay overdue Lunar New Year greetings as well. All through the encore stage, they also havea uniquemarvel for their fans.

The other performers included Super Juniors Ryeowook4Minute, Teen Top, AOA Cream, Yoo Seung WooImfact, Dal Shabet, Stellar, Laboum, Nop.K featuring Hoon J, Cocosori, Vromance, The Legend, Anda, and SUS4.

G-Friend continues their winning streak with 7th “Rough” trophy on KBS Tune Bank

News via koreaboo.com
G-Friend continues their winning streak with 7th “Rough” trophy on KBS Tune Bank

Share on FacebookShare on TwitterFor the February 12th episode of KBS Music Bank, G-Friend and WINNER went head-to-head for this weeks #1 spot.

Winning with 6,823 issues over 6,241 elements (Sentimental), G-Friend took house their 2nd consecutive music display trophy on Music Bank, their 7th overall.

G-Friend continues their winning streak with their name song Rough as they have gotin the past recorded 6 trophies and 121 hours of all-kills at thevirtual charts.

Park Hae-jin and Nam Joo-hyeok attend loose hug tournament at Sookmyung Women's University

News via hancinema.net

An go in combination with "Cheese in the Trap" said, "We've arranged this special occasionto comprehend our drama fans, who were sending us such a lotimprovebecause the pre-production stage. We worked challenging to make this event a memorable and glad moment for everyone".

Seo Kang-joon a choice of the3 "Cheese in the Trap" actors may justnow not attend this special event, because he departed to a filming location in any other country for SBS' shuttle survival show, 'Law of the Jungle' closing month.

'Cheese In the Trap' stocks the heartwarming unfastened hug tournament starring Park Hae Jin and Nam Joo Hyuk!

News via allkpop.com
'Cheese In the Trap' stocks the heartwarming unfastened hug tournament starring Park Hae Jin and Nam Joo Hyuk!

Because of the largegood fortune of this free hug event, some other gratis hug occasionused to be planned, where Search engine marketing Kang Jun may bethe onlyto turn some love for his fans.

Seo Kang Jun's free hug event will take position this coming February 16; the precise location and main points volition be publishedat the day of the event.

Catch Ryu Joon Yeol, Park Bo Gum, and more in 'Youth Over Flowers' Africa edition!

News via allkpop.com
Catch Ryu Joon Yeol, Park Bo Gum, and more in 'Youth Over Flowers' Africa edition!

On Friday, the display shared a sneak preview to 4good-looking actors, adding Ryu Joon Yeol, Pass Kyung Pyo, Park Bo Gum, and Ahn Jae Hong, backpacking across Africa and exploring the continent's many wonders. In the preview, you spot the guys hiking a trail, visiting a waterfall, using across wild plains, and taking section in a dip in a sparkling pool.

JYJ’s Go back to Type Television in Harvest Trip

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JYJ’s Go back to Type  Television in Harvest Trip

What is apparent from those incidents and appearances is that there might be awonderfulcall for for JYJ content – every one of the Harvest Trip episodes have more than 100,000 perspectivesevery on either tvcast and the V-Live app. The group’s controlcorporate too releases content via YouTube, yetseems to begreater leveraging more moderen platforms equivalent to the V-Live app and tvcast to conquer the broadcast ban. As well as the Harvest Trip content, C-JeS also currently posted at the back of the scenes videos from Junsu’s musical Dracula and video of him taking a lookby way of fan mail. Over on the V app, Junsu hosted a live chat in January to celebrate his Seoul Music Awards win and trophy with his fans, since he was unable to attend the ceremony.

With most probably more such platforms for idol-related content on the rise, and a wider variety of features for JYJ to attach to their fans outdoor of the broadcast networks, it can beconceivable that by the time your entire members are back from army service in two years (Junsu is the sole member currently selling and he'll likely enlist later this year) the loss of broadcast appearances is alsoa difficulty of the past.

What do you observed readers? With the adjustmentsago year, can JYJ in the end make in-roads to advertise on broadcast channels? Or will the broadcast ban grow to be obsolete with converting technology?

Yoon Jong Shin collaborates with SEVENTEEN’s Vocal Unit in “Chocolate” MV

News via koreaboo.com
Yoon Jong Shin collaborates with SEVENTEEN’s Vocal Unit in “Chocolate” MV

Image: Pledis Entertainment

Image: Pledis Entertainment

Image: Pledis Entertainment

Ko Ah-ra stocks selfie on her birthday

News via hancinema.net

In the published photo, Ko Ah-ra is taking a look into the camera lens whilst her long directly hair is draped down beyond her shoulder. Ko Ah-ra displays off her simple facial functions and her same oldblameless charms. Ko Ah-ra used to be born on February 11th, 1990 and became 26 on February 11th this year.