Do Won Chang (
Hangul
The Korean alphabet is the modern writing system for the Korean language. In North Korea, the alphabet is known as (), and in South Korea, it is known as (). The letters for the five basic consonants reflect the shape of the speech organs ...
: 장도원; born March 20, 1954) is a
Korean-born American businessman. He founded the clothing store chain
Forever 21
F21 OpCo LLC, trade name, doing business as Forever 21, was a multinational fast-fashion retailer. It was originally founded as Fashion 21 in Highland Park, Los Angeles, Highland Park, Los Angeles in 1984.Forever 21History & Facts, n.d. Retrieved ...
with his wife
Jin Sook Chang.
Early life
Chang grew up in
South Korea
South Korea, officially the Republic of Korea (ROK), is a country in East Asia. It constitutes the southern half of the Korea, Korean Peninsula and borders North Korea along the Korean Demilitarized Zone, with the Yellow Sea to the west and t ...
and moved to
California
California () is a U.S. state, state in the Western United States that lies on the West Coast of the United States, Pacific Coast. It borders Oregon to the north, Nevada and Arizona to the east, and shares Mexico–United States border, an ...
in 1981 with his wife, Jin Sook Chang. He never attended university and worked in coffee shops growing up.
Career
He and his wife, Jin Sook (Hangul: 진숙), opened a 900-square foot clothing store then named Fashion 21 in 1984 in
Highland Park,
Los Angeles
Los Angeles, often referred to by its initials L.A., is the List of municipalities in California, most populous city in the U.S. state of California, and the commercial, Financial District, Los Angeles, financial, and Culture of Los Angeles, ...
with only $11,000 in savings. The store took off, and as they expanded to other locations, the store's name was changed to
Forever 21
F21 OpCo LLC, trade name, doing business as Forever 21, was a multinational fast-fashion retailer. It was originally founded as Fashion 21 in Highland Park, Los Angeles, Highland Park, Los Angeles in 1984.Forever 21History & Facts, n.d. Retrieved ...
otherwise known as
XXI. The number of stores grew to 600, with 30,000 employees by 2015.
The company has remained a family-owned operation. It has filed for bankruptcy protection as of 2019.
Personal life
Do Won Chang and Jin Sook Chang have two children, and live in
Beverly Hills, California
Beverly Hills is a city located in Los Angeles County, California, United States. A notable and historic suburb of Los Angeles, it is located just southwest of the Hollywood Hills, approximately northwest of downtown Los Angeles. Beverly Hills ...
.
They are Christians, which is why
John 3:16 is on the bottom of every bag.
Their two daughters, Esther and Linda Chang co-founded the company Riley Rose, a make-up and accessory company that Forever 21 carries in its stores. Linda was also in charge of marketing at Forever 21, while Esther was in charge of visual design.
Philanthropy
The Changs have donated money to churches and faith groups, and Do Won travels to perform missionary work.
References
{{DEFAULTSORT:Chang, Do Won
1954 births
American billionaires
American retail chief executives
American businesspeople in fashion
Businesspeople from California
South Korean emigrants to the United States
Living people