Shin Chang-jae (; born 1953 or 1954) is a Korean businessman, the chairman and CEO of

Kyobo Life Insurance Company Kyobo Life Insurance Co., Ltd. () is a South Korean life insurance company headquartered in Seoul Seoul, officially Seoul Special Metropolitan City, is the capital city, capital and largest city of South Korea. The broader Seoul Metropol ...

. He is among the richest people in South Korea. In April 2024,

Forbes ''Forbes'' () is an American business magazine founded by B. C. Forbes in 1917. It has been owned by the Hong Kong–based investment group Integrated Whale Media Investments since 2014. Its chairman and editor-in-chief is Steve Forbes. The co ...

estimated his net wealth at

US$ The United States dollar (Currency symbol, symbol: Dollar sign, $; ISO 4217, currency code: USD) is the official currency of the United States and International use of the U.S. dollar, several other countries. The Coinage Act of 1792 introdu ...

1.09 billion and ranked him 34th richest in the country.

Early life

He is the son of

Shin Yong-ho Shin may refer to: Biology * The front part of the leg below the knee * Shinbone, the tibia, the larger of the two bones in the leg below the knee in vertebrates Names * Shin (given name) (Katakana: シン, Hiragana: しん), a Japanese giv ...

, who founded Kyobo Life Insurance Company in 1958. Shin received a doctorate from

Seoul National University Seoul National University (SNU; ) is a public university, public research university in Seoul, South Korea. It is one of the SKY (universities), SKY universities and a part of the Flagship Korean National Universities. The university's main c ...

Career

He trained as an obstetrician and worked as a professor at the

medical school. He has been chairman and CEO of

since 2000. In June 2015, ''

'' estimated his net worth at US$2.3 billion.

Personal life

He is married with two sons and lives in Seoul, South Korea.

References

{{DEFAULTSORT:Shin, Chang-jae 1950s births Living people South Korean billionaires Seoul National University alumni Year of birth missing (living people)