- Category:
- Richest Business › Richest Billionaires
- Net Worth:
- $1.9 Billion
- Birthdate:
- 1972 (52 years old)
- Birthplace:
- Seongnam
What is Lee Joong-Keun's Net Worth?
Lee Joong-Keun is a South Korean businessman who has a net worth of $1.9 billion. A self-made billionaire, Lee Joong-Keun made his debut in the billionaires' club in 2012 on the back of the strong performance of his construction company, Booyoung Group. Born in relative poverty, he had to work in his teenage years to afford college. Once he graduated from Korea University, Lee Joong-Keun started investing in commercial property. Lee Joong-Keun set up his apartment construction company at a time when South Korea had government policies that favored rentals. However, he got back to rags once again as he lost all of his wealth in 1979 when he had no other choice but to declare bankruptcy.
But still, he made a wise move putting Booyoung shares in his relatives' names. Ever since, he has actively worked on re-gaining his wealth. However, on his path he faced criminal charges as he was convicted for embezzling company funds and served a three year prison sentence in 2004. Aside from the above, Lee Joong Keun launched a foundation that supports education in 2003. It has been since making donations to schools in impoverished countries like Laos and Cambodia.
