Early Life
Lee Ho-jin was born on December 8, 1962, in Busan, South Korea. He is the youngest of three sons and three daughters born to Lee Im-yong, the founder of Taekwang Industrial. He graduated from Daewon High School in 1981. He received a bachelor's degree in economics from Seoul National University in 1985, an MBA from Cornell University in 1987, and a doctorate in business administration from New York University.
Rise to Success
In 1997, at age 35, Lee became CEO of Taekwang Industrial and Daehan Synthetic Fiber upon the death of his father. He made attempts to diversify the business, expanding into broadcasting, information technology, and other areas. In January 2004, he became chairman of Taekwang Group, following the resignation of his uncle and the death of his cousin. He was recognized for his exceptional managerial ability in expanding the group.
Key Business Strategies
Lee focused on diversifying the Taekwang Group, investing in media and entertainment, which contributed to his wealth. He expanded the group's financial business through mergers and acquisitions, growing it into a leading cable TV operator.
Philanthropy
Lee currently serves as the chairman of the SaeHwa Arts and Culture Foundation, a non-profit organization that promotes cultural and artistic projects. The foundation operates the SaeHwa Museum of Art.