Portrait of Park Hyeon-joo

Rank #903

Park Hyeon-joo

Net worth $4.7B

mutual funds · South Korea

Born
Oct 17, 1958
Age
67
Source
mutual funds
Residence
Seoul
Citizenship
South Korea
Marital status
Married
Children
3
Education
Bachelor of Arts/Science, Korea University

Net worth over time

Biography

  • Park Hyeon-joo founded Mirae Asset Global Investments (formerly called Mirae Asset Investment Advisory) and a venture capital affiliate in 1997.
  • He is known as the father of South Korea's mutual fund industry and launched the country's first closed-end mutual fund in 1998.
  • Now operating in 16 markets, his firm has approximately $272 billion in assets under management.
  • The Mirae Asset Park Hyeon Joo Foundation provides scholarships to academically promising students from disadvantaged families.
  • In 2010, the Harvard Business School selected Mirae for a case study for its M.B.A. program.

Financial assets

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