The net worth of Lee Joong-Keun, a businessman from South Korea, is $1.9 billion.
Lee Joong-Keun, a self-made billionaire, joined the billionaire’s club in 2012 after his construction company, Booyoung Group, performed well.
He was born in a world of poverty and had to work during his teenage years to finance his college education.
After completing his studies at Korea University, Lee Joong-Keun began investing in commercial real estate.
At a time when South Korean government policies favoured rentals, Lee Joong-Keun founded his own apartment construction enterprise.
Nevertheless, he found himself in a financial bind in 1979 after losing his fortune and having to declare bankruptcy. Nevertheless, he made a wise decision by putting Booyoung shares in his relatives’ names.
He has been actively trying to regain his wealth since that time.
Nonetheless, he was subjected to criminal charges when he was found guilty of embezzling company funds in 2004 and was convicted and sentenced to three years in prison.
In addition to everything else, Lee Joong Keun established a foundation for education in 2003.
Donations have been made to schools in underprivileged countries like Laos and Cambodia since then.