Born rich, promoted young: chaebol scions become president just after 40
Dec 6, 2023
Members of major conglomerate owner families generally become executives in their mid-30s, and assume leadership roles sometime in their early 40s, a report released Wednesday by a local corporate tracker showed. Leaders Index analyzed the careers of 199 members of owner families running South Korea's 100 leading conglomerates, who are either the chairman or vice chairman of their group, or a president of an affiliate company. In total, there are 827 members of owner families currently work