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Billionaire Profile
Park Dong-suk
Global Rank
#1573

Image: 대한민국 국회 | KOGL Type 1 | via Wikimedia Commons

Park Dong-suk

CEO, Electrical equipment
Seoul, South Korea
Real-Time Net Worth
$2.66B
Estimated based on Electrical equipment stock value as of September 10, 2026
+4.67% (24h)
Age
64
Source
Electrical equipment
Industry
Manufacturing
Citizenship
South Korea

Biography

Park Dong-suk, born May 15, 1961, is the CEO of Sanil Electric, a South Korean company specializing in electrical equipment. His career began at Yu-il Electric before founding Sanil Electric in 1981, entering the transformer and electrical equipment manufacturing business. With a master's degree in electrical engineering from Korea University, Park has focused on technological investment and overseas order acquisition. His net worth is estimated at $2.0 billion, reflecting his success in the industry. Park has been instrumental in securing contracts and growing Sanil Electric's revenue, particularly in response to the aging power transmission infrastructure in the United States and growing power demand for data centers driven by AI.

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Data Updated
Sep 10, 2026
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Wealth Over Time

Net Worth History

YearNet Worth
2026$2.66B
2025$2.00B
2024$2.00B

Portfolio Holdings

Sanil Electric

Sanil Electric

Information not availablemanufacturing
Revenue
$200M
Information not available
Information not available employees
Founded 1981

In-Depth Profile

Early Life and Career Beginnings

Park Dong-suk was born on May 15, 1961. He began his career in the electrical equipment industry at the age of 20, working for Yu-il Electric, a manufacturer of heavy electrical equipment, for six years. This early experience provided him with a foundational understanding of the industry and the skills necessary to pursue his entrepreneurial ambitions.

Rise to Success: Founding Sanil Electric

In 1981, at the age of 20, Park Dong-suk founded Sanil Electric. This marked his entry into the transformer and electrical equipment manufacturing business. His vision and dedication propelled the company forward, establishing it as a key player in the South Korean market. Sanil Electric's success is a testament to Park's leadership and strategic foresight.

Key Business Strategies and Achievements

A key aspect of Park's strategy has been a focus on technological investment and securing overseas orders. His proactive approach enabled Sanil Electric to capitalize on opportunities such as the aging power transmission infrastructure in the United States and the rising power demands of data centers, which have been fueled by the growth of the artificial intelligence (AI) industry. His commitment to innovation and market adaptability has allowed the company to thrive and expand its operations.

In recognition of his contributions, Park was awarded the Gold Tower Order of Industrial Service Merit at the 59th Electricity Day.

Education

Park Dong-suk earned a master's degree in electrical engineering from Korea University, further solidifying his expertise in the field.

Career Milestones

1981

Founded Sanil Electric

Established the electrical equipment manufacturing company, entering the transformer and electrical equipment manufacturing business.

2024

Sanil Electric went public

The company went public, raising $190 million.

2024

Awarded the Gold Tower Order of Industrial Service Merit

Recognized at the 59th Electricity Day for his contributions to the industry.

Philanthropy & Social Impact

Information not available

Information not available

Undisclosed

Information not available

Business Philosophy & Leadership

Notable Quotes

"Information not available"

Leadership Principles

Opportunity comes to those who are prepared

Dedicated himself to technological investment and overseas order acquisition.

Controversies & Challenges

Information not available

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Billionaires Connected to Park Dong-suk

Peers in Manufacturing

All Manufacturing billionaires

Richest in South Korea

All billionaires from South Korea

Adjacent Global Ranks

Full global ranking

Frequently Asked Questions

What is Park Dong-suk's net worth in 2026?
As of 2026, Park Dong-suk's estimated net worth is $2.659 billion, ranking #1573 among the world's billionaires. The estimate is based on publicly available shareholding data and market prices, updated daily.
How did Park Dong-suk make their money?
Park Dong-suk's wealth primarily comes from Electrical equipment, most notably through Electrical equipment.
Where is Park Dong-suk from?
Park Dong-suk is from South Korea.
How old is Park Dong-suk?
Park Dong-suk is 64 years old.

Sources & References

  1. Park Dong-suk — Forbes profile Forbes