BillionaireNet
Kim
Byunghoon Kim
Rank #1958
SOUTH KOREAFashion & RetailBeauty devices

Byunghoon Kim

Net Worth
$1.975B
-5.05% (24h)
Byunghoon Kim, born November 5, 1988, is a South Korean entrepreneur and the founder and CEO of APR Corp. His source of wealth stems from his beauty device company, best known for its flagship brand, Medicube, which offers at-home facial devices. Kim's career began in mobile app development, but he pivoted to beauty, creating a successful direct-to-consumer brand with a strong digital presence. His leadership has propelled APR Corp to become a key player in the K-beauty market. Kim's achievements include building a billion-dollar company and being recognized on the Forbes 30 Under 30 Asia list.

The Full Dossier

Early Life and Education

Byunghoon Kim was born in Seoul, South Korea. In 2007, he began studying business administration at Yonsei University. During his time in college, he spent time in California as an exchange student where he started developing mobile applications and showed a talent for identifying digital consumer behavior. This experience sparked his interest in tech-driven brand building.

Rise to Success

In 2014, Kim founded APR Corp. The company initially focused on cosmetics but expanded into skincare and supplements. A major turning point came with the launch of Medicube in 2016, which quickly gained popularity for its at-home facial devices, such as the AGE-R Booster series. Kim's strategic use of TikTok campaigns and tech-forward products has been crucial to the brand's success. APR's market value is now over $4 billion.

Key Business Strategies

Kim has remained deeply involved in every layer of the company, emphasizing a product-first and data-driven approach. He built APR's in-house R&D team and manufacturing line. Kim has also focused on international growth, with dedicated fulfillment hubs in the U.S. and pop-up stores in Los Angeles.

Philanthropy

While specific details of Kim's philanthropy are not readily available, EcoPro Co., Ltd., where Kim was also listed as CEO, held a "working campaign" with the Green Umbrella Children's Foundation in October 2022 and delivered a donation of KRW 5 million.

Career Timeline

2024

APR went public

APR went public.

2021

Expanded into Beauty Tech

Expanded the business into producing high-tech facial devices.

2017

Forbes 30 Under 30 Asia

Kim and Lee were featured on Forbes' 30 Under 30 Asia list in 2017.

2016

Launched Medicube

Launched Medicube, APR's flagship brand, which became popular for its at-home facial devices.

2014

Founded APR Corp.

Launched APR Corp., initially focused on cosmetics.

2007

Studied Business Administration

Began studying business administration at Yonsei University.

Philanthropic Impact

Children's Welfare$0.004

Green Umbrella Children's Foundation

EcoPro Co., Ltd. delivered KRW 5 million in donations to families of housing poor children through a “working campaign” in partnership with Green Umbrella Children’s Foundation.

Wealth Trajectory