Hur Young-In’s profile picture

Hur Young-In

Paris-Croissant Food
Hur Young-In’s profile picture
Net worth 2018: $1.39 Billion
Residence: Seoul, South Korea
Country: South Korea
Children: 2
Education: Bachelor of Arts / Economics, Kyung Hee University
BIOGRAPHY

Hur Young-In was born in Seoul, South Korea, South Korea, is Paris-Croissant Food. Hur Young-In is #1670 in List Billionaires People In The World. South Korea's "Franchise King," Hur Young-In opened his first Paris Croissant store in 1986 and two years later launched Paris Baguette, a bakery café franchise brand. It now has more than 3,000 stores globally, most of them in South Korea. The company traces its roots to a small bakery opened in Ongjin by Hur's father, Hur Chang-Sung, in 1945. Hur took over as CEO of his father's company, Samlip General Foods, famous for its Cream Bun, in 1981. A joint venture with Dunkin' Donuts and Baskin-Robbins was established in 1985; Samlip went bust in the wake of the 1997-98 Asian financial crisis and in 2002, Hur's Paris Croissant Co. acquired the company, which had been under court receivership. It now has more than 1,800 Baskin-Robbins and Dunkin' Donut stores plus such franchise brands as Pascucci (Italian espresso café), The World Vine (wine) and Jamba Juice (smoothies). Recently it partnered with famed New York burger house Shake Shack and opened the country's first location in Seoul in July 2016.

NET WORTH STATISTIC
2016

$1.2 Billion

2017

$1.6 Billion

2018

$1.39 Billion

TIMELINE
2010

The 2010 Korea Broadcasting System television drama King of Baking, Kim Takgu (English title: Bread, Love and Dreams) is based on Hur's experience as a child overcoming hardships to make quality bread and grow his business

2004

Upon successfully growing his franchise business in South Korea and abroad, Hur founded the parent company, SPC Group in 2004, and relocated his subsidiaries, Paris Croissant, Samlip Food Corporation (now renamed SPC Samlip), and BR Korea

1988

In 1988, his company launched a franchise brand called Paris Baguette, which facilitated parbaking, or 'bake-off system', to allow franchisees to bake products in-store

1986

In 1986, Hur launched a French-style bakery called Paris Croissant

1981

Under the influence of his father, Hur enrolled in the American Institute of Baking in Kansas, United States in 1981 to learn breadmaking

1949

Hur Young-In (born 1949) is a South Korean entrepreneur and chairman of SPC Group, which owns brands such as SPC Samlip, Paris Croissant, Paris Baguette, Baskin-Robbins and Dunkin' Donuts operations in South Korea

1940

Hur is the second son of Hur Chang-sung, who founded the bakery called Sangmidang in Hwanghae Province (now in North Korea) in the 1940s

(4.5/143 votes)
Related Person
Yoovidhya Family’s profile picture
Yoovidhya Family
Net Worth is $5 Billion
Murat Ulker’s profile picture
Murat Ulker
Net Worth is $4.86 Billion
Gwendolyn Sontheim Meyer’s profile picture
Gwendolyn Sontheim Meyer
Net Worth is $4.75 Billion
Bubba Cathy’s profile picture
Bubba Cathy
Net Worth is $4.74 Billion
Dan Cathy’s profile picture
Dan Cathy
Net Worth is $4.74 Billion
Jean Pierre Cayard’s profile picture
Jean Pierre Cayard
Net Worth is $4.71 Billion