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Michael Kim
Rank #267

Michael Kim

$7733.5B

Seoul, , United States

Finance & Investments

Biography

Michael Kim cofounded MBK Partners, the Seoul-based private equity firm that bears his initials and manages more than $20 billion in assets.

His ING Insurance Korea, which went public in 2017, was the first company wholly owned by a private equity firm to list on the Korean exchange.

In September 2015 his firm's $6.1 billion takeover of Tesco's Korean operation, Homeplus, marked the country's biggest private-equity deal to date.

Kim was born in South Korea and was educated in the U.S. from preparatory school onward; he obtained U.S. citizenship along the way.

He is an avid art collector and sits on the board of the Metropolitan Museum of Art.