Shin Chang-jae

Shin Chang-jae (#2447)

Global Rank #2447

Country Rank #31

Country South Korea

Shin Chang-jae is listed among the world billionaires tracked by Iconic Billionaires.

$ 2 B
Insurance
South Korea
M
72 Years

Snapshot

Quick Facts

Global Rank #2,447

Country Rank #31

Net Worth $1.7B

Previous Worth $1.7B

Worth Change +$0.0B

Country South Korea

Industry Insurance

Age 72 Years

Gender M

Worth As Of May 4, 2026

Residence Seoul, South Korea

Citizenship South Korea

World Billionaires List South Korea Billionaires Insurance

Profile Data

Personal Stats

Age 72

Source Of Wealth Insurance

Residence Seoul, South Korea

Citizenship South Korea

Marital Status Married

Children 2

Education Doctorate, Seoul National University

Net Worth Change +$0.0B +0.0% from previous worth

Previous Net Worth $1.7B

Current Net Worth $1.7B

Worth as of May 4, 2026

About Me

Shin Chang-Jae is the chairman and CEO of Kyobo Life Insurance, founded by his father in 1958 as Daehan Kyoyuk Insurance. When Shin assumed the posts in 2000, Kyobo was reeling from investment portfolio losses in the aftermath of the Asian financial crisis. He turned the company around, focusing on customer satisfaction and risk control. With a network of agents and financial planners, the company now offers insurance and asset-management products to more than 5 million customers.

Achievements

Forbes List Highlights

A snapshot of the list placements and rankings connected to Shin Chang-jae.

#3332

Billionaires (2026)

#49

Korea's 50 Richest (2025)

Insights

Did You Know?

He has a mischievous penchant for staging stunts to make a point, such as reportedly taking part in his own fake funeral.

In 2010, he received the 19th Montblanc de la Culture Arts Patronage Award for his support of Korean literature through the Daesan Foundation.

Wealth Growth

Net Worth Growth Over Time

Tracking Shin Chang-jae'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: $1.7B (May 4, 2026)