Suh Kyung-Bae’s profile picture

Suh Kyung-Bae

Chairman, Amorepacific
Suh Kyung-Bae’s profile picture
Net worth 2018: $7.37 Billion
Residence: Seoul, South Korea
Country: South Korea
BirthDay: 1963
Children: 2
Education: Bachelor of Arts / Science, Yonsei University; Master of Business Administration, Samuel Curtis Johnson Graduate School of Management
BIOGRAPHY

Suh Kyung-Bae was bornon 1963 in Seoul, South Korea, South Korea, is Chairman, Amorepacific. Suh Kyung-Bae is #242 in List Billionaires People In The World. Continuing to ride global interest in all things Korean, Suh Kyung-Bae, the chairman of cosmetics giant AmorePacific, promises to nearly triple sales to $10.7 billion by 2020 and is expanding to the Middle East with its first shop in Dubai slated to open in mid 2017. The empire has been riding several powerful waves: public interest in environmentally friendly products formulated from natural ingredients; the rising purchasing power and mobility of Chinese consumers; and the "K-beauty" phenomenon -- the global interest in Korean beauty products and techniques fueled by the surging popularity of Korean pop ("K-pop") media content. Suh is an avid art collector -- AmorePacific headquarters in Seoul is filled with pop art pieces.

NET WORTH STATISTIC
2011

$1.2 Billion

2012

$1.5 Billion

2013

$2.2 Billion

2014

$2.8 Billion

2015

$7.2 Billion

2016

$7.7 Billion

2017

$6.7 Billion

2018

$7.37 Billion

TIMELINE
Suh Kyung-bae (born 1963) is a South Korean businessman. He is the chairman of AmorePacific Corporation, a Seoul-based cosmetics company founded by his father Suh Sung-hwan in 1945. As of 2016, he is the second-richest man in Korea.Suh Kyung-bae was born in South Korea in 1963. He received a bachelor's degree from Yonsei University, and an MBA from Samuel Curtis Johnson Graduate School of Management at Cornell University.In 1997, Suh inherited AmorePacific Corporation from his father. According to Forbes, Suh has a net worth of $7.3 billion as of November 2016.Suh is married with two children and lives in Seoul.
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