South Korea Prosecutors Arrested $13 Billion Kakao Corp Founder Brian Kim for Flight & Destruction of Evidence Risks in Alleged $173 Million Stock Market Manipulation via Price-Rigging During Bidding War over SM Entertainment in 2023, Brian Kim Quits Kakao Corp Board in 2022 after News Report of Police Investigation of $740 Million Tax Evasion in 2014, Signer of Giving Pledge in 2021 to Donate Half His Assets Away
27th July 2024 | Hong Kong
South Korea prosectors have arrested $13 billion Kakao Corp founder Brian Kim Beom-Su for flight & destruction of evidence risks in alleged $173 million stock market manipulation via price-rigging during bidding war over SM Entertainment in 2023 (Won controlling stake SM Entertainment in 2023 after outbidding Hybe). In 2022, Brian Kim Beom-Su has stepped down from Kakao Board after news report of him being involved in $740 million of tax evasion in 2014, alongside recent regulatory criticism of Kakao Group attempting to form a monopoly and public criticism of top executives selling their shares after a successful Kakao IPO. Kakao is South Korea’s top messaging app and a social media & fintech giant with a market capitalisation of $13 billion (18/7/24). In 2021, Brian Kim Beom-Su pledged to give more than half his assets away through The Giving Pledge founded by Microsoft chairman Bill Gates and his then-wife Melinda Gates along with Berkshire Hathaway chairman Warren Buffett with a total of 40 billionaires.
“ South Korea Prosecutors Arrested $13 Billion Kakao Corp Founder Brian Kim for Flight & Destruction of Evidence Risks in Alleged $173 Million Stock Market Manipulation via Price-Rigging During Bidding War over SM Entertainment in 2023, Brian Kim Quits Kakao Corp Board in 2022 after News Report of Police Investigation of $740 Million Tax Evasion in 2014, Signer of Giving Pledge in 2021 to Donate Half His Assets Away “
South Korea Prosecutors to Arrest $13 Billion Kakao Corp Founder Brian Kim for Alleged Stock Market Manipulation in Price-Rigging During Bidding War over SM Entertainment in 2023, Brian Kim Quits Kakao Corp Board in 2022 after News Report of Police Investigation of $740 Million Tax Evasion in 2014, Signer of Giving Pledge in 2021 to Donate Half His Assets Away
19th July 2024 |- South Korea prosectors are applying for an arrest warrant against $13 billion Kakao Corp founder Brian Kim Beom-Su for alleged stock market manipulation in price-rigging during bidding war over SM Entertainment in 2023. In 2022, Brian Kim Beom-Su has stepped down from Kakao Board after news report of him being involved in $740 million of tax evasion in 2014, alongside recent regulatory criticism of Kakao Group attempting to form a monopoly and public criticism of top executives selling their shares after a successful Kakao IPO. Kakao is South Korea’s top messaging app and a social media & fintech giant with a market capitalisation of $13 billion (18/7/24). In 2021, Brian Kim Beom-Su pledged to give more than half his assets away through The Giving Pledge founded by Microsoft chairman Bill Gates and his then-wife Melinda Gates along with Berkshire Hathaway chairman Warren Buffett with a total of 40 billionaires.
South Korea Billionaire & $39 Billion Kakao Corp Founder Brian Kim Quits Board, News Report of Police Investigation of $740 Million Tax Evasion in 2014
19th March 2022 – South Korea billionaire & founder of Kakao Corp Brian Kim Beom-Su has stepped down from Kakao Board after news report of him being involved in $740 million of tax evasion in 2014, alongside recent regulatory criticism of Kakao Group attempting to form a monopoly and public criticism of top executives selling their shares after a successful Kakao IPO. Kakao is South Korea’s top messaging app and a social media & fintech giant with a market capitalisation of $39 billion (18/3/22).
Brian Kim Beom-Su, Kakao Founder
(In 2021) Kakao Corporation founder Brian Kim Beom-Su is South Korea’s richest man with more than $16 billion personal fortune (June 2021) and has pledged to give more than half his assets away through The Giving Pledge founded by Microsoft chairman Bill Gates and his then-wife Melinda Gates along with Berkshire Hathaway chairman Warren Buffett with a total of 40 billionaires.
Sign Up / Register
Caproasia Users
- Manage $20 million to $3 billion of assets
- Invest $3 million to $300 million
- Advise institutions, billionaires, UHNWs & HNWs
Caproasia Platforms | 11,000 Investors & Advisors
- Caproasia.com
- Caproasia Access
- Caproasia Events
- The Financial Centre | Find Services
- Membership
- Family Office Circle
- Professional Investor Circle
- Investor Relations Network
Monthly Roundtable & Networking
Family Office Programs
The 2025 Investment Day
- March - Hong Kong
- March - Singapore
- July - Hong Kong
- July - Singapore
- Sept- Hong Kong
- Sept - Singapore
- Oct- Hong Kong
- Nov - Singapore
- Visit: The Investment Day | Register: Click here
Caproasia Summits
- The Institutional Investor Summit
- The Investment / Alternatives Summit
- The Private Wealth Summit
- The Family Office Summit
- The CEO & Entrepreneur Summit
- The Capital Markets Summit
- The ESG / Sustainable Investment Summit
