Daewoo: Exile Of The Patriarch
Armed with just $10,000, Kim Woo-Choong started the Daewoo group in the late 1960s by making cheap shirts for U.S. mass marketers. Partly thanks to his connections with South Korean governments, he was able to build Daewoo into a $57 billion industrial powerhouse, making autos, ships, electronics, and a wide array of other goods. The chain-smoking, silver-haired tycoon became a roving ambassador, circling the world in search of the next deal.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.
- Bitcoin Futures Deliver Wild Ride as Debut Brings Rally, Halts
- Investors Told to Brace for Steepest Rate Hikes Since 2006
- A Manager of $42 Billion Fears Bubble in World's Biggest Stocks
- Longtime NPR Host Tom Ashbrook Is Facing Misconduct Allegations
- Buffett's About to Get $3 Billion Back From Burger King Owner