Portrait of Lee Hwa-kyung

Rank #3369

Lee Hwa-kyung

Net worth $1.0B

Confectionery · South Korea

Born
Feb 15, 1956
Age
70
Source
Confectionery
Residence
Seoul
Citizenship
South Korea
Marital status
Married
Children
0
Education
Bachelor of Arts/Science, Ewha Womans University

Net worth over time

Biography

  • Lee Hwa-kyung is vice chairwoman of Orion Corp., one of the country's oldest and most popular confectionery businesses.
  • The company's most famous product is Choco Pie, which consists of a combination of biscuit, chocolate and marshmallow filling.
  • The bulk of Lee's wealth is derived from a stake in Orion Holdings, the group's listed holding company that also has interests in biopharma and entertainment.
  • Lee is the second daughter of Lee Yang-gu, founder of Dongyang, precursor to the group.
  • Her husband, Dam Chul-gon, is the chairman of Orion Corp. Her son, Dam Seo-won, serves as its vice president.
  • In 2017, she was sentenced to eight months in prison with a two-year suspension for embezzling $356,000 through moving company-owned artworks to her home.
  • Dam Chul-gon was acquitted in 2016 after being charged with embezzlement in a separate case.
  • Lee also runs the group's entertainment business Showbox.

Financial assets

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