Seo Jung-Jin Net Worth, Age, Height, Biography, Wife, Children, Parents
Seo Jung-Jin Net Worth
Seo Jung-Jin, a South-Korean entrepreneur has a net worth of $5.6 billion as of 2023.
Seo Jung-Jin Biography
Seo Jung-Jin, a notable entrepreneur from South Korea, has made significant achievements throughout his career.
He amassed his wealth by co-founding and serving as the CEO of Celltrion, a renowned biotech firm specializing in the production of biosimilars.
These biosimilars are cost-effective generic versions of biological products, designed to replicate natural substances found in the human body, such as antibodies.
In 2012, Seo Jung-Jin officially joined the billionaire ranks, marking a milestone in his journey.
READ ALSO » Lee Jung-jin Net Worth, Age, Height, Biography, Wife, Children, Parents
His impressive net worth of $13 billion, as of June 2021, established him as the wealthiest individual in South Korea. Notably, he became the country's first self-made billionaire to hold this esteemed title in several decades, breaking the long-standing dominance of Samsung heirs.
Under Seo Jung-Jin's leadership, Celltrion achieved remarkable financial success. In 2020 alone, the company generated a remarkable revenue of $1.6 billion, accompanied by profits amounting to $440 million.
This remarkable performance can be attributed, in large part, to the development of a Covid-19 antibody treatment drug, which proved instrumental in combating the global pandemic.
Having dedicated considerable time and effort to his career, Seo Jung-Jin decided to retire from his role at Celltrion in March 2021.
As part of the succession plan, he appointed his eldest son, Jin-seok, as the Chairman of the company, entrusting him with its future direction and growth.
Furthermore, his other son, Joon-serk, assumes the position of Chairman within Celltrion Healthcare, the company's marketing division.
By implementing innovative strategies and pioneering biosimilar production, Seo Jung-Jin has left an indelible mark on the biotech industry.
READ ALSO » Jin Net Worth, Real Name, Age, Height, Biography, Wife, Children, Parents
His entrepreneurial journey and contributions have not only established his personal success but have also positioned South Korea as a prominent player in the global biopharmaceutical market.
Seo Jung-Jin Age
The South-Korean entrepreneur was born on 23 October 1957 in Cheongju-si, South Korea. However, Seo Jung-Jin is 66 years old as of 2023.
