Jin Sook Chang

About Jin Sook Chang

Who is it?: Entrepreneur
Birth Day: March 20, 1954
Birth Place: Beverly Hills, California, United States
Birth Sign: Aries
Residence: Beverly Hills, California, U.S.
Occupation: Founder and owner of Forever 21
Spouse(s): Jin Sook Chang
Children: 2 Linda Chang Esther Chang

Jin Sook Chang Net Worth

Jin Sook Chang was bornon March 20, 1954 in Beverly Hills, California, United States, is Entrepreneur. Forever 21's cofounder, Chang came to the U.S. in 1981 and worked as a hairdresser to make ends meet. In 1984, she and her husband Do Won used $11,000 in savings to open a 900 sq-foot clothing store in Los Angeles, initially called Fashion 21. The $4 billion (sales) teen retailer now employs 43,000 people in 800 stores across 48 countries. Chang is chief merchandising officer; her ivy-league educated daughters Linda and Esther also work in merchandising at the company. Forever 21 was sued in 2017 for allegedly not letting its employees speak any language besides English. It denies the charges.

💰 Net worth: $1.5 Billion (Updated at 22 June 2018)

2015 $3.05 Billion
2016 $1.9 Billion
2017 $1.5 Billion
2018 $1.5 Billion

Some Jin Sook Chang images

Biography/Timeline

1981

Chang grew up in South Korea and moved to California in 1981 with his wife.

1984

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 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. The number of stores grew to 600, with 30,000 employees by 2015. The company has remained a family operation. Forbes in 2012 estimated Chang and his wife's net worth to be $4 billion.