Hong Seok-Joh
BGF Retail
REAL TIME NET WORTH — as of 5/8/17
$1.6 B
Hong Seok-Joh heads Korea’s largest convenience store company, BGF Retail. Operating under the brand name CU, it has more than 8,000 stores and generated revenue of more than $30 billion. The business got its start in 1989 via a franchise-licensing agreement between the Hong family’s Bokwang Group and Japanese convenience store operator FamilyMart. His sister, Hong Ra-Hee, is the wife of Samsung Group Chairman Lee Kun-Hee, South Korea’s richest person.
Ra-Hee Hong Net Worth: Ra-Hee Hong is a South Korean businesswoman who has a net worth of $1.6 billion. The wife of billionaire and Samsung Group Chairman Lee Kun-Hee, Ra-Hee Hong is the current director of Leeum Samsung Museum. Even though she resigned from her position in April 22, 2008, Mrs. Hong reinstated to handle the exhibit of the nation’s largest private art collection. Away from running the museum, she is known for being a prolific art buyer and a great philanthropist. Also, Ra-Hee Hong is the daughter of Hong Jin-ki, the former chairman of Joong Ang Ilbo, one of the South Korea’s biggest newspapers in circulation, which is currently run by her brother, Hong Suk-Yeon.
Source:
1. forbes