South Korea's Kingpin of Finance

Park Hyeon Joo involved workers in the country's surging equity funds biz, of which his company controls a third. He's now diversifying abroad

Few other financiers foresaw as clearly as Park Hyeon Joo the carnage that was in store for South Korea when the Asian financial crisis hit a decade ago. Yet out of the crushing recession that followed came opportunity, and Park figured that out as well. Today he's without question the most powerful figure in South Korean finance. And his Mirae Asset Financial Group, founded in the darkest days of 1997, controls 30% of Korea's equity mutual fund industry.

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