Lee Sang-Hyuk
Yello Mobile
REAL TIME NET WORTH — as of 5/16/17
$1 B
Lee Sang-Hyuk is the founder of the country’s second-biggest unicorn.His Yello Mobile, launched in 2012, operates as a tech incubator by growing and investing in young mobile-based startups. The company has secured $250 million in funding through a series of rounds, winning the backing of U. S.-based venture capital firm Formation 8 and Japanese financial-services company SBI Holdings; the latest SBI funding of $30 million in February 2016 was raised at a $4 billion valuation. Lee owns just over 26% of Yello Mobile which today has a portfolio of more than 80 companies across shopping, media, advertising and travel. Lee worked as an executive for Korean search engine Daum for a year-and-a-half before leaving in 2013.
Source:forbes