Face Mask Craze Creates Korean Billionaire With Goldman Backing
- GP Club founder amasses $1.2 billion fortune in just two years
- Foreign investment in beauty products fuels self-made wealth
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Face masks can moisturize, exfoliate, or soothe and cool the skin in minutes. They can also build billion-dollar fortunes, but that takes a tad longer -- two years in Kim Jung-woong’s case.
With skincare becoming ever more central to the pursuit of beauty, a few Koreans have amassed fabulous wealth as more consumers are determined to achieve that elusive dewy look.