Grace Chung is a senior editor on the wealth team where she co-edits the annual World’s Billionaires list and helps oversee the ongoing coverage of its members. This is her second stint at Forbes: from 2014 to 2021, she covered Asia's wealthiest people and eventually oversaw five country rankings in the region. Chung has written on a range of business stories, including a profile on the chairman of one of the world’s largest conglomerates, a feature on an obscure face mask billionaire and his meteoric rise and a story tracing the success of South Korean boy band BTS. She is based in New York and rejoined Forbes in 2023, following a stint at Institutional Investor, where she covered the asset management industry. Chung obtained her bachelor's degree in Media, Culture and Communication from New York University. She can be reached at grace.chung@forbes.com. Forbes reporters follow company ethical guidelines that ensure the highest quality.
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The Forbes 2025 ranking of the richest self-made women billionaires on the planet — China and U.S. dominate, as tech fuels fortunes.
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Here is a global perspective on the business landscape, as told by Forbes magazines spanning five continents.
How Most Billionaires Made Their Money
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How Much Is VinFast And Its Vietnamese Billionaire Founder Really Worth?
Electric vehicle maker VinFast's market cap soared to $190 billion on Monday before falling to $81 billion on Thursday. It's likely worth a tiny fraction of that amount.
BTS’s Boss Debuts On Korea’s Wealth Ranking Over K-Pop Bonanza
Bang Shi-hyuk, the mastermind behind popular boyband BTS, is the first K-pop billionaire. The 48-year-old has seen his company’s value soar to the tune of $8 billion following a much-anticipated IPO.
Coupang’s Billionaire Founder Sees Wealth Soar More Than Sixfold After IPO
Bom Kim, who founded the e-commerce giant Coupang, was the biggest gainer on this year’s list of Korea’s richest. His net worth jumped to $6.4 billion after the company went public on the NYSE in March.
Korea’s 50 Richest 2021: A Record 46 Billionaires Make The List
The collective wealth of the 50 richest people in South Korea surged by over 40% to $156 billion, boosted by the country’s upbeat stock market and optimism over its economic recovery.
Taiwan’s 50 Richest 2021: Buoyed By An Export Boom, Fortunes Soar Amid The Pandemic
Taiwan had one of Asia’s top-performing economies, thanks to booming tech exports and increased domestic demand. The benchmark Taiex index rose 45% since fortunes were measured 15 months ago, lifting the collective net worth of Taiwan’s richest by a third to $149 billion.
Coupang’s Blockbuster IPO Pushes Founder’s Fortune Up To $11 Billion
Korean e-commerce giant Coupang’s shares surged on its New York Stock Exchange listing Thursday. The stock opened at $63.50, far exceeding its IPO price of $35 per share and valuing Coupang at a staggering $109 billion.
Korean E-commerce Giant Coupang IPO Pricing: Founder Could Be Worth $4 Billion Or More
Coupang, long regarded as Korea’s answer to Amazon, announced plans this week for an initial public offering in New York that could raise as much as $3.6 billion and value the company between $46 billion to $51 billion, marking what could be the largest U.S. offering to list this year.