Rank #3147
Lee Ho-jin
Net worth $1.2B
Diversified · South Korea
- Born
- Dec 08, 1962
- Age
- 63
- Source
- Diversified
- Residence
- Seoul
- Citizenship
- South Korea
- Marital status
- Married
- Children
- 2
- Education
- Master of Business Administration, Samuel Curtis Johnson Graduate School of Management; Bachelor of Arts/Science, Seoul National University
Net worth over time
Biography
- Lee Ho-jin is a former chairman of Taekwang Industrial, a manufacturer that became synonymous with Korea's textile and petrochemical prowess.
- He rose to chairman after his oldest brother, Lee Sik-jin, died. He has now stepped down and is reportedly struggling against liver cancer.
- In 2011, he was sentenced to 54 months in prison for embezzling $128 million from the company but has been out on bail due to his illness.
- In 2019, Lee was sentenced to three years in prison on charges of embezzlement and breach of trust. He was pardoned in 2023.
- Lee is credited for diversifying the group into media and entertainment.
- His mother sold clothes in a Busan market and provided the seed money to start Taekwang, which began as a textile company.
Financial assets
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