Portrait of Lee Ho-jin

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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