“The value shines more when we share wealth”… Donation participation procession detonator interest
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Following Kim Bum-soo (55), Chairman of the Kakao Board of Directors, and Kim Bong-jin (45), Chairman of the Graceful Brothers, has decided to donate more than half of their wealth, giving a fresh shock to our society. This is because the return of their wealth to society, the representative figures of the self-made family, is markedly different from the existing chaebol corporations symbolized as the’passion of wealth’. Interest is focused on whether their’large’ donations will become a stimulus and lead to a donation procession of the business community.
Those who are not from the so-called’gold spoon’ started as ordinary office workers and achieved success through startups. Chairman Kim Bong-jin graduated from Sudo Electric High School and Seoul Arts University’s Interior Design Department, and then went to design groups Emotion, Neowiz, and Naver, and founded elegant brothers in 2010 with a capital of 30 million won. Chairman Kim, who raised’People of Delivery’ as the number one delivery app in Korea, sold Baemin to Delivery Heroes (DH) in Germany for 4 billion dollars (4 trillion KRW) in 2019.
It is known that the value of DH shares received by Chairman Kim as a sale price jumped, and his fortune has now increased to 1 trillion won. On the 18th, Chairman Kim became the 219th donor and the first Korean to donate more than 500 billion won to the world-class donation club’The Giving Pledge’.
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Earlier on the 8th, in a New Year message sent to all employees of Kakao and its affiliates, Chairman Beom-soo Kim declared that he would donate more than half of his fortune while living in the future. His fortune is over 10 trillion won, including Kakao stocks, and the donation is estimated to be over 5 trillion won. He joined Samsung SDS after graduating from the Department of Industrial Engineering at Konkuk University and the Department of Industrial Engineering at Seoul National University, founded Hangame in 1998, and succeeded in splendid success with Kakao Talk in 2010. In 2014, it acquired Daum Communications.
Their appearance is in contrast to the fact that the chaebol companies have been concentrating on the inheritance of wealth rather than returning to the property society and reluctantly donating as a means of’atonement’ as irregularities are revealed. In the meantime, conglomerates have often donated money rather than personal property. However, Chairman Bong-jin Kim and Chairman Beom-soo Kim revealed the value of sharing wealth with society and solving social problems as a motive for donating. It can be seen as the practice of’Noblesse Oblige’.
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In his pledge submitted to The Giving Pleas, Chairman Kim Bong-jin said, “The value of dividing wealth shines even more.” I am doing it.” Chairman Kim Beom-soo said, “I felt that I shouldn’t delay my determination as I watched social issues deepen in various fields during the turbulent period.”
/ Intern reporter Park Yena [email protected]
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