Do Won & Jin Sook Chang was bornon 20 March 1954 in Beverly Hills, California, United States. Do Won & Jin Sook Chang is #748 in List Billionaires People In The World. Do Won and Jin Sook Chang are cofounders behind the $4 billion fast fashion darling Forever 21, with some 790 stores spanning 48 countries. In 1984, the Changs started the chain with a 900-square-foot store in Los Angeles and a mere 11,000 in savings. Capitalizing on wholesale close-outs, they bought merchandise for cheap and hit $700,000 in first year sales, prompting them to open a new store every 6 months. The pair immigrated to the U.S. from South Korea in 1981 with not much more than a high school education. Today their Ivy-league educated daughters, Linda and Esther, work alongside their mother in merchandising.
For me family is the most important. When people talk about the American Dream, they are talking about a better life. However, if the business is doing well but your family is broken, that isn't quite success to me.
Forbes in 2012 estimated Chang and his wife's net worth to be $4 billion
He and his wife, Jin Sook (Hangul: 진숙), opened a clothing store then named Fashion 21 in 1984 in Highland Park, Los Angeles
Chang grew up in South Korea and moved to California in 1981 with his wife, Jin Sook Chang
Do Won Chang (Hangul: 장도원) born March 20, 1954, is a Korean-born American businessman