Kim Beom-su (2024)

About Kim Beom-su

  • Kim Beom-su is the founder of Kakao, South Korea's biggest messaging app, which is installed in 90% of the country's smartphones. He stepped down as chairman and left the board in March 2022.
  • Kakao's tens of millions of users also use the app for gaming, shopping and chatting.
  • In 2014 Kakao acquired the country's No. 2 search engine Daum in an all stock transaction worth $3.3 billion which resulted in a back door listing.
  • That same year the South Korean government classified Kakao as a large company; it is the first tech startup that made it into the big leagues.
  • In 2021 Kim signed the Giving Pledge, committing to donate the majority of his wealth to charitable causes.

Wealth History

HOVER TO REVEAL NET WORTH BY YEAR

Personal Stats

Age
57
Source of Wealth
Online services, Self Made
Residence
Seoul, South Korea
Citizenship
South Korea
Marital Status
Married
Children
2
Education
Bachelor of Science in Engineering, Seoul National University; Master of Science, Seoul National University

Did you know

Kim grew up in poverty and paid his way through college by offering private tutoring, sometimes skipping meals to save money.

In 2017 he diversified into crypto and bought into Upbit, a top exchange in South Korea through his holding company K Cube Ventures.

Related People & Companies

Kim Beom-su (1)

Kim Jae-young

Related by financial asset: Daum Kakao Corp

View Profile

Kim Beom-su (2)

Kakao

Holds stake in Kakao

View Profile

Kim Beom-su (3)

South Korea

Citizen of South Korea

View Profile

Kim Beom-su (5)

Hong Ra-hee

Related by education: Seoul National University

View Profile

Kim Beom-su (6)

Cho Young-sik

Related by education: Seoul National University

View Profile

More on Forbes

May 31, 2023

Lisa Su Saved AMD. Now She Wants Nvidia’s AI Crown

AMD's CEO orchestrated one of the great turnarounds in Silicon Valley history, driving the dying semiconductor maker's stock price up nearly 30-fold in less than a decade. Now she's preparing for battle in the coming AI revolution—and she expects to keep winning.

ByIain MartinForbes Staff

Kim Beom-su (2024)

FAQs

Who is the richest family in Korea? ›

2022 South Korean billionaires list
NameCitizenship
1Kim Beom-sooSouth Korea
2Lee Jae-yongSouth Korea
3Seo Jung-jinSouth Korea
4Kwon Hyuk-binSouth Korea
37 more rows

How much is KakaoTalk CEO worth? ›

Kim Beom-su, founder of Kakao, tops the Forbes richest list of Koreans in 2022 for the first time with a net worth of US$9.6 billion.

Who is the founder of Kakao? ›

Kakao Corp is the company behind KakaoTalk, which serves as its main platform and flagship application. It was founded in 2006 by Kim Bum-soo, the former CEO of NHN Corporation (the organization that emerged from the Hangame and Naver.com merger) as Kakao Inc. Kakao Corp.

Who is the CEO of Kakao? ›

Who is the youngest millionaire in Korea? ›

Gaming heiress Kim Jung-youn is officially the world's youngest billionaire. She is only 18 years old and inherited around US$2.5 billion in company stakes after her father Kim Jung-ju died in February this year.

Who is the youngest billionaires in Korea? ›

In a report on Wednesday (Sept 21), the magazine said that while both Jung-youn, 18, and her elder sister Kim Jung-min inherited equal shares of a 30.78% stake each in South Korea-based NXC, the teenager has now become the world's youngest billionaire.

Who is the richest person in South Korea? ›

The top 10 richest in South Korea are:
  • Michael Kim; US$9.7 billion.
  • Jay Y. Lee; $8 billion.
  • Seo Jung-jin; $5.7 billion.
  • Kwon Hyuk-bin; $5.1 billion.
  • Kim Beom-su; $5 billion.
  • Hong Ra-hee; $4.9 billion.
  • Mong-koo Chung; $4.1 billion.
  • Kim Jung-min & Jung-youn; $3.6 billion.
Apr 17, 2023

What is the richest company in South Korea? ›

As of May 2022, Samsung Group remained the largest business group operating in South Korea, with a revenue of approximately 379 trillion South Korean won.

How does KakaoTalk make money? ›

KakaoTalk is a major messaging app in South Korea, competing with notable apps like WeChat. KakaoTalk generates some $200 million in revenues per year. The company has a number of revenue streams, including advertising, games, stickers, and shopping.

How many millionaires are there in South Korea? ›

Countries by number and percentage of millionaires
Country or subnational areaNumber of millionairesPercentage of millionaires (% of adult population)
South Korea *1,290,0003.0
Switzerland *1,152,00015.5
Netherlands *1,149,0008.5
Spain *1,132,0005.9
44 more rows

Do all Koreans use Kakao? ›

KakaoTalk – South Korea's Most Effective Communication Tool with Many Features. At least 93% of Korean Internet users, use KakaoTalk and find it very convenient to use.

How much does KakaoTalk make? ›

Kakao Talk Revenue
YearEst. Revenue of Kakao CorpActual Kakao Talk Revenue
2021$4.8 billion$1.4 billion
2020$3.3 billion$990 million
2019$2.4 billion$720 million
2018$1.9 billion$570 million
5 more rows
Mar 12, 2023

Is Kakao popular in Korea? ›

KakaoTalk is one of the most popular mobile messaging apps in South Korea. According to Kakao Corp, in Q1 2023, around 53.5 million active users worldwide and more than 47.7 million were based in South Korea. On average, 1 billion messages are sent daily through KakaoTalk.

Is Kakao a good company? ›

78% of employees think that Kakao has a positive business outlook. This is based on anonymous employee reviews submitted on Glassdoor.

How many Koreans use Kakao? ›

Number of monthly active users of KakaoTalk in South Korea 2015-2022. During the fourth quarter of 2022, about 47.8 million South Koreans were active users of KakaoTalk, up from 47.6 million in the previous quarter.

Top Articles
Latest Posts
Article information

Author: Laurine Ryan

Last Updated:

Views: 5848

Rating: 4.7 / 5 (77 voted)

Reviews: 92% of readers found this page helpful

Author information

Name: Laurine Ryan

Birthday: 1994-12-23

Address: Suite 751 871 Lissette Throughway, West Kittie, NH 41603

Phone: +2366831109631

Job: Sales Producer

Hobby: Creative writing, Motor sports, Do it yourself, Skateboarding, Coffee roasting, Calligraphy, Stand-up comedy

Introduction: My name is Laurine Ryan, I am a adorable, fair, graceful, spotless, gorgeous, homely, cooperative person who loves writing and wants to share my knowledge and understanding with you.