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#288 Billionaire

Beom-su Kim

Beom-su Kim
$8.4B
$-99M (-1.2%)
KR · Age 59
Source of wealth: online services
Industry: technology
Residence: Seoul, KR
{ "bio": [ "Kim Beom-su is the founder and chairman of Kakao, South Korea's biggest messaging app, which is installed in 90% of the country's smartphones.", "Kakao's tens of millions of users also use the app for gaming, shopping and chatting.", "In 2014 Kakao acquired the country's No. 2 search engine Daum in an all stock transaction worth $3.3 billion which resulted in a back door listing.", "That same year the South Korean government classified Kakao as a large company; it is the first tech startup that made it into the big leagues.", "In 2021 Kim signed the Giving Pledge, committing to donate the majority of his wealth to charitable causes." ], "about": [ "Kim grew up in poverty and paid his way through college by offering private tutoring, sometimes skipping meals to save money.", "In 2017 he diversified into crypto and bought into Upbit, a top exchange in South Korea through his holding company K Cube Ventures." ] }

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