What is Koo Bon-Moo's Net Worth?
Koo Bon-Moo is a South Korean businessman who has a net worth of $1.6 billion. The eldest grandson of LG founder, In-hwoi Koo, he has spent almost his entire career working for the South Korean multinational conglomerate corporation. Having taken his Master's degree from Cleveland State University, Bon-Moo has actually accumulated his net worth at LG where he served as chairman since 1995.
Fourth-largest company of its kind in South Korea, LG saw a slight fall in the smartphone-making race earlier last year, but still managed to mount big marketing blitz for its Optimus G II phone. It's also hoping to make a great breakthrough with its new organic light-emitting diode screens for televisions that are thinner and brighter than typical LCD. Mr. Bon-Moo shares his fortune with his wife Kim Young-Shik, whose LG stakes are said to be worth $425 million.
