BillionaireNet
Bon-neung
Koo Bon-neung
Rank #3047
SOUTH KOREATechnologyElectronics

Koo Bon-neung

Net Worth
$1.053B
-0.88% (24h)
Koo Bon-neung, a prominent South Korean businessman, is a key figure in the electronics industry. Born in 1949, he is the chairman of Heesung Electronics, a major supplier of display components. His career began in 1976 at LG, later becoming a director at Goldstar (now LG Electronics). He holds a Bachelor's degree from Korea University. With an estimated net worth of $1.0 billion, Koo Bon-neung's wealth stems from his leadership at Heesung Electronics. He is known for his expertise in electronics and contributions to the technology sector. He is married with two children.

The Full Dossier

Early Life

Koo Bon-neung was born on March 26, 1949, in Busan, South Korea. He is part of the Koo family, known for their involvement in the LG Group. His grandfather was Koo In-hwoi, the founder of Lucky Goldstar Corporation (now LG). As a youth, he dreamed of becoming a baseball player but gave up this dream at his father's insistence.

Rise to Success

Koo graduated from Korea University with a major in business administration in 1976. He joined Lucky Goldstar in 1976 and started his career in LG as a manager for the company's branch in Chicago. He later became a director of Goldstar (now LG Electronics) in 1987. He then served as vice president of Sangnong Enterprise (now LG affiliate Heesung Electronics) in 1990, and president of Heesung Metals in 1992. Heesung Group split off from LG in 1996, and Koo Bon-neung became its head.

Key Business Strategies

Koo Bon-neung runs Heesung Electronics, which makes display components for TVs, computers, tablets, and smartphones. Heesung Electronics is a major supplier to LG. In 2018, he owned 3.45% of LG Corporation stock. Koo's business strategy focuses on innovation and maintaining high-quality standards.

Philanthropy

Specific details regarding his philanthropic activities are not available in the search results, but Koo is known to be a philanthropist. He is the former president of the Korea Baseball Organization.

Career Timeline

2011-2017

Commissioner of the Korea Baseball Organization

Served as commissioner.

1996

Head of Heesung Group

Heesung Group split off from LG, and he became its head.

1992

President, Heesung Metals

Appointed as President of Heesung Metals.

1990

Vice President, Heesung Electronics

Became Vice President of Sangnong Enterprise (Heesung Electronics).

1987

Director of Goldstar (LG Electronics)

Appointed as director.

1976

Joined Lucky Goldstar

Began career at LG in the company's Chicago branch.

Philanthropic Impact

General$XB

Philanthropic Efforts

Specific initiatives not listed, but Koo is known for philanthropic contributions.

Wealth Trajectory