Suh Kyung-bae (born January 14, 1963) is a South Korean

billionaire A billionaire is a person with a net worth of at least one billion (1,000,000,000, i.e., a thousand million) units of a given currency, usually of a major currency such as the United States dollar, euro, or pound sterling. The American busin ...

businessman. He is the chairman and CEO of

Amorepacific Corporation Amorepacific Corporation is a South Korean beauty and cosmetics chaebol, operating more than 30 beauty, personal care, and health brands including Sulwhasoo, Laneige, Mamonde, Etude House, AMOREPACIFIC and Innisfree. The firm was founded in 19 ...

, a Korean cosmetics company founded by his father Suh Sung-whan in 1945.

Early life

Suh Kyung-bae was born in South Korea in 1963. He received a bachelor's degree in business administration from

Yonsei University Yonsei University (; ) is a private research university in Seoul, South Korea. As a member of the "SKY" universities, Yonsei University is deemed one of the three most prestigious institutions in the country. It is particularly respected in the ...

and an MBA from

Samuel Curtis Johnson Graduate School of Management The Samuel Curtis Johnson Graduate School of Management is the graduate business school in the SC Johnson College of Business at Cornell University, a private Ivy League university located in Ithaca, New York. It was founded in 1946 and ren ...

Cornell University Cornell University is a private statutory land-grant research university based in Ithaca, New York. It is a member of the Ivy League. Founded in 1865 by Ezra Cornell and Andrew Dickson White, Cornell was founded with the intention to teach an ...

Career

In 1997, Suh inherited the company from his father and guided the company's global expansion. According to ''

Forbes ''Forbes'' () is an American business magazine owned by Integrated Whale Media Investments and the Forbes family. Published eight times a year, it features articles on finance, industry, investing, and marketing topics. ''Forbes'' also re ...

'', Amorepacific became one of the world's 100 most innovative companies. In 2006, Suh received the Légion d'honneur from the French government. In 2015, he was selected as "Businessman of the Year" by Forbes Asia Magazine and in 2017, was ranked world's 20th, Asia's 2nd best-performing CEO by Harvard Business Review and INSEAD Business School. Suh is married, with two children, and lives in

Seoul Seoul (; ; ), officially known as the Seoul Special City, is the capital and largest metropolis of South Korea.Before 1972, Seoul was the ''de jure'' capital of the Democratic People's Republic of Korea (North Korea) as stated iArticle 103 ...

Non-profit work

In 2016, Suh established Suh Kyung-bae Science Foundation. Since 2017, the foundation has awarded 14 scientists grants of between 1.5 billion and 2.5 billion won.

References

1963 births Living people Amorepacific Corporation Yonsei University alumni South Korean businesspeople South Korean billionaires Cornell University alumni Icheon Seo clan {{Business-bio-stub