He was appointed as the chairman of LG Group in 1995 and served in that position until his death in 2018.
Koo Bon-Moo was a South Korean businessman who had a net worth of $1.6 billion. He was the eldest grandson of LG founder, In-hwoi Koo, and spent his entire career working for the South Korean multinational conglomerate corporation. He was appointed as the chairman of LG Group in 1995 and held that position until his death in 2018.
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💰Koo Bon-Moo Net worth: $1.6 Billion
Koo Bon-Moo 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.