Portrait of Kim Beom-su

Rank #1327

Kim Beom-su

Net worth $3.2B

Online services · South Korea

Born
Mar 27, 1966
Age
60
Source
Online services
Residence
Seoul
Citizenship
South Korea
Marital status
Married
Children
2
Education
Bachelor of Science in Engineering, Seoul National University; Master of Science, Seoul National University

Net worth over time

Biography

  • 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 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.
  • 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.

Financial assets

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