BillionaireNet
Dong-chae
Lee Dong-chae
Rank #2414
SOUTH KOREAManufacturingChemicals

Lee Dong-chae

Net Worth
$1.542B
-5.16% (24h)
Lee Dong-chae, born on December 10, 1959, is a prominent South Korean businessman and the founder of EcoPro. He is recognized for his significant contributions to the chemicals industry. His career includes experience at Korea Housing Bank and Samsung Electronics, and he is also a certified public accountant. Lee founded Korea Zeorum in 1998, which later became the EcoPro Group. He is the largest shareholder of EcoPro, holding 18.83% of the company as of 2024. Lee's estimated net worth is $1.6 billion as of December 16, 2025. However, he was found guilty of insider trading in 2023 and received a prison sentence, but was granted a special pardon in August 2024.

The Full Dossier

Early Life

Lee Dong-chae was born on December 10, 1959, in Pohang, South Korea. He is the second of eight children. After graduating from Daegu Commercial High School, he went on to earn a degree in business administration from Yeungnam University.

Rise to Success

Lee's professional journey began at Korea Housing Bank. He later worked at Samsung Electronics before becoming a certified public accountant. In 1998, he founded Korea Zeorum, which was later renamed EcoPro. In 2004, Lee ventured into the secondary battery materials business, a move that became the cornerstone of the EcoPro Group. Under his leadership, the company grew to become a leading firm in the KOSDAQ market. EcoPro BM, a unit of EcoPro, is South Korea's largest producer of cathodes for EV batteries by capacity.

Key Business Strategies

Lee Dong-chae focused on the secondary battery materials business to grow EcoPro. In 2007, EcoPro was listed on the KOSDAQ stock exchange. A joint venture between EcoPro BM and Samsung SDI, completed construction of the world's largest cathode material plant by capacity in 2022.

Philanthropy

No specific philanthropic endeavors or donations have been identified from the search results.

Career Timeline

2024

Granted Special Pardon

Received a special pardon and was released from prison.

2023

Convicted of insider trading

Sentenced to prison for insider trading violations.

2022

Stepped down as CEO

Resigned as CEO amidst investigations into insider trading. He remained as chairman.

2007

EcoPro listed on KOSDAQ

The company went public, marking a significant milestone in its growth.

2004

Entered secondary battery materials business

Expanded into the secondary battery materials, which became the core of EcoPro Group.

1998

Founded Korea Zeorum (EcoPro Group)

Established the company that would become the foundation for the EcoPro Group.

Wealth Trajectory