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Billionaire Profile
Suh Kyung-bae
Global Rank
#2701

Suh Kyung-bae

CEO, Cosmetics
Seoul, South Korea
Real-Time Net Worth
$1.47B
Estimated based on Cosmetics stock value as of September 10, 2026
-1.84% (24h)
Age
63
Source
Cosmetics
Industry
Fashion & Retail
Citizenship
South Korea

Biography

Suh Kyung-bae is the Chairman of Amorepacific, South Korea's largest cosmetics and skincare maker by revenue. Born in 1963, he inherited the company from his father in 1997 and has since spearheaded its global expansion, capitalizing on the Hallyu wave to grow brands like Sulwhasoo and Laneige internationally. With a bachelor's degree from Yonsei University and an MBA from Cornell University, Suh has transformed Amorepacific into a global beauty powerhouse. His leadership has earned him numerous accolades, including being named Forbes Asia's Businessman of the Year in 2015. As of March 2026, his net worth is estimated at $1.4 Billion.

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Data Updated
Sep 10, 2026
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Wealth Over Time

Net Worth History

YearNet Worth
2026$1.47B
2025$1.60B
2024$1.10B
2020$1.10B

Portfolio Holdings

Amorepacific

Amorepacific

090430•fashion-retail
Market Cap
$6.28B
Stock Price
$18.64
Revenue
$2.93B
Seoul, South Korea
5,044 employees
Founded 1945

In-Depth Profile

Early Life

Suh Kyung-bae was born in South Korea on January 14, 1963. He is the son of Suh Sung-whan, the founder of Amorepacific Corporation. He received a bachelor's degree in business administration from Yonsei University and an MBA from the Samuel Curtis Johnson Graduate School of Management at Cornell University.

Rise to Success

Suh inherited Amorepacific in 1997. Under his leadership, Amorepacific experienced significant global expansion, becoming one of the world's most innovative companies. He spearheaded aggressive restructuring by divesting non-core assets to refocus on the beauty and health sectors. Amorepacific's revenue reached approximately $3 billion by 2024.

Key Business Strategies

Suh focused on expanding the brand internationally. He has more than 20 major brands and sells its products in 14 markets. He has been investing heavily in research and development to create high-quality products. He also emphasizes a customer-centric philosophy and sustainability initiatives.

Philanthropy

Suh established the Suh Kyung-bae Science Foundation in 2016.

Career Milestones

1987

Joined Amorepacific

Began his career at Amorepacific

1997

CEO of Amorepacific

Took over the family business from his father

2006

Légion d'honneur

Received the Légion d'honneur from the French government

2015

Businessman of the Year

Named Forbes Asia's Businessman of the Year

2016

Suh Kyung-bae Science Foundation

Established the Suh Kyung-bae Science Foundation

Philanthropy & Social Impact

Science and Research

Suh Kyung-bae Science Foundation

Undisclosed

Awards grants to scientists for research

Business Philosophy & Leadership

Leadership Principles

Customer-centricity

Putting the customer at the center of every business decision

R&D Investment

Investing heavily in research and development to create the best products

Billionaires Connected to Suh Kyung-bae

Peers in Fashion & Retail

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Richest in South Korea

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Adjacent Global Ranks

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Frequently Asked Questions

What is Suh Kyung-bae's net worth in 2026?
As of 2026, Suh Kyung-bae's estimated net worth is $1.468 billion, ranking #2701 among the world's billionaires. The estimate is based on publicly available shareholding data and market prices, updated daily.
How did Suh Kyung-bae make their money?
Suh Kyung-bae's wealth primarily comes from Cosmetics, most notably through Cosmetics.
Where is Suh Kyung-bae from?
Suh Kyung-bae is from South Korea.
How old is Suh Kyung-bae?
Suh Kyung-bae is 63 years old.

Sources & References

  1. Suh Kyung-bae — Forbes profile — Forbes