Koo Kwang-mo
Koo Kwang-mo is a South Korean businessman. The chairman of LG, he is among the richest people in South Korea., Forbes estimated his net worth to be US$1.5 billion and ranked him 19th richest in South Korea.
Biography
He was born on January 23, 1978 in Seoul, South Korea. He is the eldest son of Koo Bon-neung, the former chairman of. His father is a brother of former LG Group chairman Koo Bon-moo; his great-grandfather is Koo In-hwoi, the founder of LG Group. He graduated from in 1995 and from Rochester Institute of Technology in New York, United States with a bachelor's in computer science. He joined LG Electronics as a deputy manager of the finance team. In 2004, he was adopted by Koo Bon-moo. Koo Bon-moo had lost his own eldest son to an accident in 1994. Koo Kwang-mo pursued an MBA at Stanford University beginning in 2007, but dropped out before graduating. He worked various management roles in LG thereafter.On June 29, 2018, he became chairman of LG Group after the death of his adopted father. He reportedly inherited 8.8% of LG stock, which increased his overall stake in the company to 15% and making him the largest shareholder. In 2019, he became owner of the baseball team LG Twins.