Michael Kim
Overview
- Source of Wealth
- Private equity
- Industry
- Finance & Investments
- Residence
- Seoul
- Organization
- MBK Partners
- Education
- Harvard Business School (Master of Business Administration)Haverford College (Bachelor of Arts/Science)
- Marital Status
- Married
- Children
- 2
Biography
Michael Kim cofounded MBK Partners, the Seoul-based private equity firm that bears his initials and manages more than $33 billion in assets.
His ING Insurance Korea, which went public in 2017, was the first company wholly owned by a private equity firm to list on the Korean exchange.
In 2015 his firm's $6.1 billion takeover of Tesco's Korean operation, Homeplus, marked the country's biggest private-equity deal to date.
Kim was born in South Korea and was educated in the U.S. from preparatory school onward; he obtained U.S. citizenship along the way.
He is an avid art collector and sits on the board of the Metropolitan Museum of Art.
About
Kim is married to Park Kyung-ah, daughter of the late Park Tae-joon, a former prime minister and founder of the steel giant Posco.
In 2020, he published his first novel, "Offerings," which traces the life of an investment banker amid the 1997 Asian financial crisis.