BillionaireNet
Hae-jin
Lee Hae-jin
Rank #2495
SOUTH KOREATelecomInternet

Lee Hae-jin

Net Worth
$1.477B
-0.11% (24h)
Lee Hae-jin, a prominent South Korean businessman, is the visionary founder of Naver Corporation, a leading internet conglomerate. Born on June 22, 1967, in Seoul, South Korea, Lee's academic foundation includes a Bachelor's degree in Computer Science from Seoul National University and a Master's degree from the Korea Advanced Institute of Science and Technology (KAIST). His career began at Samsung SDS in 1992, where he honed his skills before founding Naver.com in 1999. Lee's leadership propelled Naver to become South Korea's dominant search engine and a global tech innovator, with a current estimated net worth of $1.5 billion. He has transitioned to the role of Global Investment Officer (GIO), focusing on Naver's global expansion and strategic investments.

The Full Dossier

Early Life and Education

Lee Hae-jin was born in Seoul, South Korea, on June 22, 1967. He pursued higher education with a strong focus on computer science. He obtained a Bachelor's degree in Computer Science from Seoul National University and a Master's degree from the Korea Advanced Institute of Science and Technology (KAIST).

Rise to Success

Lee's professional journey began in 1992 when he joined Samsung SDS. In 1997, he won an internal venture challenge within Samsung SDS, which led to the creation of the foundational search service that would become Naver. Recognizing a gap in the market dominated by foreign services, Lee saw the opportunity to create a search engine specifically for Korean internet users. In 1999, he founded Naver Comm, the precursor to Naver Corporation. The company quickly expanded its services to include web portals, online communities, e-commerce platforms, and mobile applications. Naver launched its 'comprehensive search' service in August 2000, offering users a variety of organized search results on a single page. This innovation was a key factor in its early success, setting Naver apart from its competitors. In 2001, Naver Comm merged with Hangame Communications Inc., and the company was renamed NHN Corporation. Lee has served as CEO and Chairman of NHN and currently holds the position of Founder and Chairman of the Board at Naver Corporation.

Key Business Strategies

Lee Hae-jin's strategic leadership has been instrumental in Naver's success. The company's development of the Naver search engine, which incorporates advanced algorithms to prioritize content relevant to Korean users, was pivotal in its dominance in the Korean search engine market. Under Lee's guidance, Naver diversified its portfolio with ventures into digital content, fintech, and AI. Naver has been investing in AI and cloud infrastructure, aiming to integrate AI across its services to improve user experience and operational efficiency. In 2025, Naver plans to fully integrate AI across all its services, including search, advertising, commerce, and local services. The company has also expanded its operations internationally, particularly in Southeast Asia, and is focused on innovation to enhance its user experience.

Philanthropy

While specific details regarding Lee Hae-jin's direct philanthropic activities are limited in the search results, Naver as a company has implemented initiatives to promote environmental sustainability and corporate social responsibility.

Career Timeline

2025

Returned as Naver Board Chairman

Returned to role after 7 years

2017

Global Investment Officer

Became NAVER's Global Investment Officer

2001

NHN Corporation formed

Naver merged with Hangame Communications Inc. and other companies

1999

Founded Naver Comm

Founded Naver.com, which later became Naver Corporation

1997

Won Samsung SDS Venture Challenge

Won the Samsung SDS internal venture challenge, leading to the creation of the Naver search service

1992

Joined Samsung SDS

Began his career at Samsung SDS

Philanthropic Impact

Environmental SustainabilityUndisclosed

Corporate Social Responsibility

Naver has implemented initiatives to promote environmental sustainability and corporate social responsibility

Wealth Trajectory