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Submission: On April 10 via manual from CA — Scanned from CA
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Subscribe to newsletters Subscribe Sign In PROFILE KIM BEOM-SU $5B $40M (0.80%) REAL TIME NET WORTH as of 4/10/23 Reflects change since 5 pm ET of prior trading day. #560 in the world today Photo by Jae-hyun Kim for Forbes About Kim Beom-su * Kim Beom-su is the founder of Kakao, South Korea's biggest messaging app, which is installed in 90% of the country's smartphones. He stepped down as chairman and left the board in March 2022. * Kakao's tens of millions of users also use the app for gaming, shopping and chatting. * In 2014 Kakao acquired the country's No. 2 search engine Daum in an all stock transaction worth $3.3 billion which resulted in a back door listing. * That same year the South Korean government classified Kakao as a large company; it is the first tech startup that made it into the big leagues. * In 2021 Kim signed the Giving Pledge, committing to donate the majority of his wealth to charitable causes. Wealth History HOVER TO REVEAL NET WORTH BY YEAR FORBES LISTS #534 Billionaires (2023) #1 Korea's 50 Richest (2022) #92 Richest In Tech (2015)Dropped off in 2016 More Lists Personal Stats Age57 Source of WealthOnline services, Self Made ResidenceSeoul, South Korea CitizenshipSouth Korea Marital StatusMarried Children2 EducationBachelor of Science in Engineering, Seoul National University; Master of Science, Seoul National University Did you know Kim grew up in poverty and paid his way through college by offering private tutoring, sometimes skipping meals to save money. In 2017 he diversified into crypto and bought into Upbit, a top exchange in South Korea through his holding company K Cube Ventures. Related People & Companies Kim Jae-young Related by financial asset: Daum Kakao Corp View Profile Kakao Holds stake in Kakao View Profile South Korea Citizen of South Korea View Profile Jay Y. Lee Related by education: Seoul National University View Profile Hong Ra-hee Related by education: Seoul National University View Profile Cho Young-sik Related by education: Seoul National University View Profile See MoreSee Less MORE ON FORBES 6 minutes ago LEIDOS CEO ROGER KRONE LOOKS BACK ON A STELLAR CAREER, AND REFLECTS ON WHAT HE HAS LEARNED Roger Krone's career is emblematic of the defense industry's transformation since the Cold War ended. ByLoren ThompsonSenior Contributor 13 minutes ago LOUISVILLE SHOOTING: FIVE DEAD IN KENTUCKY BANK SHOOTING The suspected shooter is also dead, police are reporting. ByKatherine HamiltonForbes Staff 29 minutes ago THE TECHNOLOGY POWERING ADIDAS SIGNATURE BASKETBALL SNEAKERS Led by the cushioning compounds, but flowing into the uppers, outsoles and shanks, Adidas Basketball tweaks technology to fit the athlete's play. ByTim NewcombContributor Apr 5, 2023 EMPLOYEES NEED PRAISE AND CRITICISM: KIM SCOTT SHARES HOW TO GET BETTER AT BOTH To establish a deep sense of belonging and trust, employees need both praise and feedback from their leaders. To understand how, I interviewed the leading expert on the interplay of criticism and praise, Kim Scott. ByChristopher LittlefieldContributor Apr 4, 2023 FUGEES RAPPER PRAS MICHEL TRIAL: HOW HIS CHARGES INVOLVE LEONARDO DICAPRIO, BARACK OBAMA, KIM KARDASHIAN AND MORE The trial stems from a massive Malaysian financial scheme led by fugitive businessman Low Taek Jho. ByConor MurrayForbes Staff Apr 3, 2023 THE DEFINITIVE NET WORTH OF DONALD TRUMP He’s nowhere near as rich as he boasts, nor as poor as his critics claim. Donald Trump’s real net worth? $2.5 billion, according to our most recent tally. ByDan AlexanderForbes Staff Apr 1, 2023 THE LIMITED EDITION HENNESSY X.O, KIM JONES BOTTLE IS NOW AVAILABLE The limited edition Hennessy X.O bottle is the third component of the collection created with Dior Men and Fendi Womenswear artistic director, Kim Jones. ByJillian DaraContributor Mar 30, 2023 THE 12 NEW SPORTS BILLIONAIRES IN 2023 ByChase Peterson-WithornForbes Staff Mar 30, 2023 THE TOP 10 RICHEST WOMEN IN THE WORLD 2023 ByChase Peterson-WithornForbes Staff Mar 30, 2023 THE WORLD'S 15 YOUNGEST BILLIONAIRES 2023 ByChase Peterson-WithornForbes Staff Mar 30, 2023 FORMER FOX NEWS PRODUCER SUING NETWORK SAYS ‘YOU KNOW, THEY DESTROY PEOPLE’ “I realized that the answers that they wanted me to say were putting me in a very vulnerable position to be the company scapegoat.” ByMark JoyellaSenior Contributor Mar 30, 2023 BILLIONAIRES 2023: THE TOP 10 RICHEST PEOPLE IN THE WORLD ByChase Peterson-WithornForbes Staff Mar 29, 2023 FORMER STUDENTS ARE SUING FOR-PROFIT CODING BOOTCAMP BLOOMTECH Former students of the bootcamp are claiming it misrepresented employment and earnings statistics. ByEdward ConroyContributor Mar 22, 2023 NCAA COACHING CAROUSEL: PROVIDENCE OFFICIALLY NAMES KIM ENGLISH HEAD COACH Providence is set to hire George Mason’s Kim English as its next men’s basketball coach, according to a report from John Fanta of Fox Sports. ByAdam ZagoriaContributor Feb 28, 2023 FEDS SUED TO PROTECT ENDANGERED ANIMALS, INCLUDING SHARKS The Conservation Council for Hawaii is suing the National Marine Fisheries Service fisheries in Hawaii and American Samoa for improper bycatch management of animals, including shark species. ByMelissa Cristina MárquezContributor Apr 20, 2022 KAKAO FOUNDER KIM BEOM-SU TOPS KOREA RICH LIST FOR THE FIRST TIME Kim Beom-su is the new No. 1 with a net worth of $9.6 billion. His wealth declined 9% since last year as controversies weighed on his internet giant Kakao's stock. ByCatherine WangForbes Staff More Articles ALSO ON FORBES Leidos CEO Roger Krone Looks Back On A Stellar Career, And Reflects On What He Has Learned Louisville Shooting: Five Dead In Kentucky Bank Shooting The Technology Powering Adidas Signature Basketball Sneakers © 2023 Forbes Media LLC. All Rights Reserved. * AdChoices * AdChoices * Privacy Statement * Do Not Sell or Share My Personal Information * Limit the Use of My Sensitive Personal Information * Terms and Conditions * Digital Terms of Sale * Contact Us * Send Us Feedback * Report a Security Issue * Jobs At Forbes * Reprints & Permissions * Forbes Press Room * Advertise * Investors CREATE AN ACCOUNT Email Sign In Or Register OR Continue with Google Continue with Facebook Continue with LinkedIn