Shin Chang-Jae Net Worth

Shin Chang-Jae was born in 1953 in Seoul, South Korea and is the current chairman and CEO of Kyobo Life Insurance. He joined the company in 1996, when his father, Shin Yong-Ho, was undergoing cancer treatment. Shin Chang-Jae turned the company around by focusing on customer satisfaction and risk control, and now serves over 5 million customers. He is known for his management acumen and commitment to helping others, and has received the 19th Montblanc de la Culture Arts Patronage Award for his support of Korean literature. Shin Yong-Ho also established the Kyobo Book Center in 1980, which has become one of the most famous bookstores in Korea.
Shin Chang-Jae is a member of Finance

Age, Biography and Wiki

Who is it? Kyobo Life Insurance
Birth Year 1953
Birth Place Seoul, South Korea, South Korea
Residence Seoul, South Korea
Alma mater Seoul National University
Occupation Chairman and CEO, Kyobo Life Insurance Company
Spouse(s) married
Children 2 sons

💰 Net worth: $1 Billion (2024)

Shin Chang-Jae, the renowned figure behind Kyobo Life Insurance in South Korea, is expected to amass an impressive net worth of $1 billion by 2024. As a prominent businessman in the insurance industry, Chang-Jae has successfully built a strong reputation and has played a pivotal role in the growth of Kyobo Life Insurance. With a vision for success and a commitment to providing reliable insurance services, Chang-Jae's leadership has propelled the company to great heights. His estimated net worth reflects his invaluable contributions and achievements in the business world.

2010 $1.6 Billion
2011 $2.1 Billion
2012 $1.9 Billion
2013 $2 Billion
2014 $2 Billion
2015 $2.9 Billion
2016 $1.9 Billion
2017 $1.9 Billion
2018 $2.2 Billion

Some Shin Chang-Jae images



He is the son of Shin Yong-ho, who founded Kyobo Life Insurance Company in 1958. he has a doctorate from Seoul National University.


He has been Chairman and CEO of Kyobo Life Insurance Company since 2000. In June 2015, Forbes estimated his net worth at US$2.3 billion.