Park Hyeon-joo | |
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Born | Gwangju Metropolitan City, South Jeolla, South Korea |
Citizenship | South Korea |
Alma mater | Korea University (BA) |
Occupation(s) | Businessman, investor, and philanthropist |
Known for | Pioneering financial industry in South Korea |
Title | Founder and Global Strategy Officer (GSO) of Mirae Asset Financial Group |
Park Hyeon-joo is a South Korean billionaire business magnate and representative investment strategist. He is the founder of Mirae Asset Financial Group, which consists of asset management, investment banking, stock brokerage, life insurance, venture capital, and other financial services.
Park was born in Gwangju Metropolitan City. He graduated from Gwangju Cheil High School in 1977, and received his bachelor's degree in business from Korea University in 1983.
Park founded Mirae Asset Global Investment and Mirae Asset Capital in 1997, Mirae Asset Securities (hereinafter referred to as Mirae Asset Daewoo) in 1999, and subsequently founded Mirae Asset Venture Capital and so forth, and made Mirae Asset become Korea's leading independent financial conglomerate.
Park brought the concept of the mutual fund as well as real-estate fund, and private equity fund into Korea's financial market which has changed its market dramatically from conventional to innovation.
Park is a prominent philanthropist, pledging to donate all his dividend payouts of shares to Mirae Asset Park Hyeon Joo Foundation, founded in 2000 with his own wealth, since 2010.[1] The foundation has been providing scholarships to underprivileged students and other outreach programs which have accumulated to around 270,000 students. (as of February 2019)
Park has been appointed as Global Strategy Officer (GSO) of Mirae Asset Financial Group in order to focus on global business and stepped down as a chairman of Mirae Asset Daewoo as of May 23, 2018.
The successful story of Mirae Asset Financial Group, led by Park, has been introduced in “The Case Centre” which is the world's most well-known case study institute.