Rank #3312
Hong Seok-joh
Net worth $1.1B
Convenience stores · South Korea
- Born
- Jan 08, 1953
- Age
- 73
- Source
- Convenience stores
- Residence
- Seoul
- Citizenship
- South Korea
- Marital status
- Married
- Children
- 1
- Education
- Master of Laws, Harvard University; Law Degree, Seoul National University
Net worth over time
Biography
- Hong Seok-joh heads BGF Retail, one of Korea's largest convenience store companies.
- Operating under the brand name CU, BGF boasts more than 18,000 stores.
- His sister, Hong Ra-hee, is the widow of the late Samsung Group chairman Lee Kun-hee.
- Prior to his start in the business, Hong was a prosecutor.
- The business got its start in 1989 via a franchise-licensing agreement between the Hong family's Bokwang Group and Japanese convenience store operator FamilyMart.
- His late father was the chairman of JoongAng Ilbo, one of South Korea's largest newspapers.
Financial assets
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