Hong Seok-joh
BGF Retail
$997.18M
as of 03/15/24
About Hong Seok-joh
Hong Seok-joh heads Korea's largest convenience store company, BGF Retail.
Operating under the brand name CU, BGF boasts more than 8,000 stores.
His sister, Hong Ra-hee, is the widow of the late Samsung Group chairman Lee Kun-hee.
Prior to his start in the business, Hong was a prosecutor.
Personal stats
Citizenship
South KoreaSource of wealth
Convenience storesResidence
Seoul , South KoreaMarital status
MarriedBirth date
01/08/53 (age 71)Number of children
1Education
Master of Laws, Harvard University; Law Degree, Seoul National UniversitySelf-made
inherited and growingHong Seok-joh’s fortune is worth
17K
troy ounces of gold
15K
median U.S. household
10K
median U.S. income
0.02%
U.S. credit card volume
0.004%
GDP of the United States
0.003%
United States debt
Net worth history
Annual ranking
Related people
Did you know?
The business got its start in 1989 via a franchise-licensing agreement between the Hong family's Bokwang Group and Japanese convenience store operator FamilyMart.
Net worth over time
Real-time ranking
Financial assets
KOREA | 027410-KR
BGF Co. Ltd.KOREA | 282330-KR
BGF RetailImages © Forbes.com. All rights reserved.