SINGAPORE (June 2, 2021) – Optimism surrounding South Korea’s economic recovery energized its stock market, lifting the fortunes of its wealthiest people. This year’s Forbes Korea Rich List saw a record number of 46 billionaires and collective wealth of the 50 richest rose by over 40% to US$156 billion, up from $110.8 billion previously. Forbes Korea:Licensed in 2003, Forbes Korea is a monthly Korean language publication by Joongang Ilbo, one of South Korea’s leading media conglomerates. About one-third of Forbes Korea’s content is from Forbes and Forbes Asia; the rest are local stories. Content include news on South Korea’s entrepreneurs, celebrities, and philanthropists as well as on the lifestyle and insights of the rich and famous in Korea.

Source: Forbes June 02, 2021 01:30 UTC