Kim Jong-un.
Samyang Roundsquare
This tale belongs to Forbes’ record on South Korea’s wealthiest 2025. See the complete listing right here
Samyang Foods’ shares have actually been steaming, expanding 265% over the previous year, drawn in by the temper of its spicy Buldak (Oriental Turkey) immediate noodles. Their maker Kim Jung-Soo is a novice this year with a $1.3 billion ton of money, and she shows to her spouse Chun In-Jang, the firm’s previous chairman.
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Kim was a stay-at-home mother till he signed up with the Ramen Titan established by his father-in-law in 1998. Motivated by the group of Buldak dining establishments in Seoul, Kim introduced Spicy Pasta in 2012. Sales stick out in social networks messages such as BTS with K-Pop Symbols (such as BTS) and packed right into Buldak Ramen’s dish.
Samyang Foods reported profits in 2024 increased 45% year-on-year to 1.7 trillion won ($ 1.2 billion), while web revenue increased 114% to 271 million won. Abroad sales, a lot of which originate from the USA and China, increased throughout the exact same duration, representing fifty percent of the overall.
Kim and her spouse encountered the Warmth when they were punished to embezzle concerning 5 billion won of company funds in 2020. Kim (Kim) was punished to probation and at some point absolved, and her spouse offered 3 years behind bars however still encountered test on supposed tax obligation scams, a fee he was rejected. Their kid, Jeffrey, is a Columbia grad that is preparing to become her follower.
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