Portrait of Lee Dong-chae

Rank #1829

Lee Dong-chae

Net worth $2.3B

Chemicals · South Korea

Born
Oct 01, 1959
Age
66
Source
Chemicals
Residence
Cheongju
Citizenship
South Korea
Marital status
Children
0
Education

Net worth over time

Biography

  • Lee Dong-chae is the founder of EcoPro, a chemicals group that he started in 1998.
  • EcoPro BM, a unit of EcoPro, is South Korea's largest producer of cathodes for EV batteries by capacity.
  • In 2022, a joint venture between EcoPro BM and Samsung SDI, Samsung's battery arm, completed construction of the world's largest cathode material plant by capacity.
  • In 2023, Lee was sentenced to a two-year prison term and fined 2.2 billion won ($1.7 million) for insider trading. He maintained his innocence and was pardoned in 2024.
  • Lee returned to EcoPro after the pardon, but did not resume the chairman position that he stepped down from in 2022.

Financial assets

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