Name
Kim Nam-jung
Kim Nam-jung
Seoul, South Korea
Bachelor of Arts/Science, Korea University | Master of Business Administration, University of Michigan, Stephen M. Ross School of Business
South Korea
food
$1,100,000,000
1941
#28 Korea's 50 Richest 2019
#1941 Billionaires 2019
Kim Nam-jung is the vice chairman of Dongwon, a conglomerate best known as the makers behind South Korea's famous canned tunas. He is the younger son of Dongwon founder Kim Jae-chul, who started the business in 1969; his first overseas base was in Ghana in 1973. In addition to a wide range of packaged seafood, Dongwon provides outsourced meals, operates cold-storage facilities and has a logistics operation. He now controls the group, after the elder Kim stepped down as Dongwon's chairman after 50 years.
Nam-jung joined the business in a blue-collar position in 1996.Dongwon acquired leading U.S. tuna brand StarKist in 2008.
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