Tariff refunds are juicing corporate profits and GDP as more tailwinds converge to propel growth to a blistering 4.3% pace, top economist says ‘If your tariff was 0%, there’s no need to commit fraud’: The White House is sounding off on a $112 billion tariff-dodging scheme it made worse U.S. stocks fall after Iran says Strait of Hormuz will remain shut Trump is betting that the U.S. naval blockade choking Iran’s economy can achieve what bombs and missiles couldn’t as more oil sneaks out of the Gulf Gordan Chang – “China Is Broke – Rulers Are Desperate – Bad Things Are Going to Happen” American Airlines will stop upgrading elite flyers to business from coach on long domestic flights Does Africa still back Infantino as Fifa president? A billion SpaceX shares unlock Thursday. Wall Street isn’t worried: ‘You never bet against Elon.

Hong Seok-joh

Hong Seok-joh

Hong Seok-joh (#3198)

Global Rank #3198
Country Rank #47
Country South Korea

Hong Seok-joh is listed among the world billionaires tracked by Iconic Billionaires.

  • $ 1 B
  • Convenience stores
  • South Korea
  • M
  • 73 Years

Snapshot

Quick Facts

Global Rank #3,198
Country Rank #47
Net Worth $1.1B
Previous Worth $1.1B
Worth Change +$0.0B
Country South Korea
Industry Convenience stores
Age 73 Years
Gender M
Worth As Of May 4, 2026
Last Refreshed 14 Aug 2026, 12:00 AM
Residence Seoul, South Korea
World Billionaires List South Korea Billionaires Convenience stores

Profile Data

Personal Stats

Age 73
Source Of Wealth Convenience stores
Residence Seoul, South Korea
Citizenship South Korea
Marital Status Married
Children 1
Education Master of Laws, Harvard University; Law Degree, Seoul National University
Net Worth Change +$0.0B +0.0% from previous worth
Previous Net Worth $1.1B
Current Net Worth $1.1B

Worth as of May 4, 2026

About Me

Hong Seok-joh heads BGF Retail, one of Korea's largest convenience store companies. Operating under the brand name CU, BGF boasts more than 18,000 stores. His sister, Hong Ra-hee, is the widow of the late Samsung Group chairman Lee Kun-hee. Prior to his start in the business, Hong was a prosecutor.

Insights

Did You Know?

The business got its start in 1989 via a franchise-licensing agreement between the Hong family's Bokwang Group and Japanese convenience store operator FamilyMart.

His late father was the chairman of JoongAng Ilbo, one of South Korea's largest newspapers.

Wealth Growth

Net Worth Growth Over Time

Tracking Hong Seok-joh's net worth journey over the years, highlighting key growth phases and financial milestones.

Worth Trend Net Worth Growth
Period Change Worth Movement
Current Net Worth: $1.1B (May 4, 2026)

© Iconic Billionaires