BillionaireNet
Pyung-soon
C
Rank #3032
SOUTH KOREAServiceEducational services

Chang Pyung-soon

Net Worth
$1.067B
0% (24h)
Chang Pyung-soon is a South Korean businessman and the founder and chairman of Kyowon Group. Born in 1951, Chang rose from humble beginnings, selling cabbages and working as a salesman before establishing Kyowon Group in 1985. His journey exemplifies entrepreneurial success. Kyowon Group is a leading educational services provider. With a net worth of $0.995 Billion as of April 2025 and a global rank of 30, he has diversified Kyowon Group into various sectors, including travel, leisure, hotels and health foods. Chang's career reflects his commitment to education, business acumen, and philanthropic endeavors.

The Full Dossier

Early Life

Chang Pyung-soon was born in Dangjin, South Korea, in 1951. Growing up in poverty, he experienced hardship early in life. Despite these challenges, he focused on education as a means to overcome adversity. Chang graduated from Incheon High School in 1968 and later attended Yonsei University.

Rise to Success

Chang's early career included a period as a successful cabbage salesman. In 1985, he founded Kyowon Group, initially focused on selling educational books. Under his leadership, the company experienced rapid growth throughout the 1990s, becoming a dominant force in the educational publishing industry. Recognizing the potential for expansion, Chang diversified Kyowon Group's interests into educational travel programs, leisure activities, hotels, and health foods.

Key Business Strategies

Chang Pyung-soon's business strategy has been marked by a keen understanding of consumer behavior and market trends. His focus on innovation in sales and training, as well as his diversification efforts, have contributed to Kyowon Group's success. He emphasized the importance of adapting to changing demands and exploring new opportunities within and outside of the educational sector.

Philanthropy

Information about Chang's specific philanthropic endeavors is limited in the search results. Additional research may provide more details on his charitable activities and contributions.

Career Timeline

2009

Revenue Milestone

Kyowon Group exceeded 1 trillion won in revenue from study-aid materials alone.

2000

Business Diversification

Expanded Kyowon's business into real estate, hotels, and other ventures.

1985

Founded Kyowon Group

Established the company to provide educational content, later diversifying into various sectors.

Wealth Trajectory