Park Soon-jae

$2.59B
$38.4M (1.5%)
as of 04/20/26

About Park Soon-jae

Park Soon-jae is cofounder and CEO of South Korean biotechnology company Alteogen, which focuses on biosimilars and bio-betters.

Alteogen is known for its ALT-B4, an enzyme with technology that allows drugs to be administered subcutaneously instead of intravenously.

In 2024, Alteogen revealed Merck had agreed to a licensing deal to use ALT-B4 for the drug giant's cancer drug pembrolizumab. Alteogen shares soared 25% in a day following the announcement.

Park's wife, Chung Hye-shin, served as the company's chief strategy officer until 2023.

Personal stats

Citizenship

South Korea

Source of wealth

Biopharmaceuticals

Residence

Daejeon, South Korea

Marital status

Married

Birth date

12/22/54 (age 71)

Education

Ph.D, Purdue University

Self-made

self-made

Park Soon-jae’s fortune is worth

43K

troy ounces of gold

40K

median U.S. household

26K

median U.S. income

0.052%

U.S. credit card volume

0.01%

GDP of the United States

0.008%

United States debt

Net worth history

Annual ranking

Did you know?

Prior to cofounding Alteogen in 2008, Park worked at LG Life Sciences and Hanwha Petrochemical, and was a postdoctoral researcher at MIT.

Net worth over time

Real-time ranking

Financial assets

KOREA | 196170-KR

Alteogen

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