Last updated 7/2/2026

Kim Jung-woongNet Worth Estimate

Estimated Range$800.0M - $1.1B$800,000,000 - $1,050,000,000

Kim Jung-woong is estimated at about $0.8 billion to $1.05 billion, with a wider scenario range of $0.5 billion to $1.4 billion.

KJKim Jung-woongBeauty and consumer brands / South Korea

Drivers

Wealth Breakdown

8 reviewed sources6 high-quality sources

Wealth composition$1,000,000,0002 sources

Founder equity1 input · 2 sources · 72/100 confidenceIncluded$1,000,000,000

Not Counted Directly

Product sales proxyContext only · 3,000,000,000Founder equityContext only · 0.95

Estimate

Current Assessment

Kim's wealth is mainly tied to GP Club, the private Korean company behind JMsolution. Forbes last placed him around $1 billion, and earlier reporting said Kim and his family owned 95% of GP Club in 2019. That figure is not a current cap table. The estimate is tempered by later reporting that Goldman Sachs exited its GP Club stake without profit and that the company faced weaker conditions after its China-driven boom.

Key caveats

GP Club is private, so the estimate depends on external valuation work and incomplete public data.
Product sales and brand popularity are not counted as personal wealth.
The known ownership evidence is family-level and dated, not a current personal stake.

Evidence gaps

Current GP Club financials
Current shareholder register
Goldman exit price
Personal assets and liabilities

Confidence

Low confidence

58/100

Important source, ownership, or liability gaps materially limit the estimate reliability.

Key Evidence Gaps

Current GP Club shareholder register or cap table
Current audited GP Club financial statements, including revenue, profit, cash, and debt
Person-only ownership split between Kim, spouse, daughter, family entities, or other holders
Goldman Sachs exit transaction price and buyer identity
Evidence of dividends, sale proceeds, real estate, public securities, pledges, tax liabilities, or other personal assets/liabilities

Public Caveats

This is a private-company founder estimate anchored mainly to Forbes' roughly $1.0 billion reported net worth, not a filing-based calculation.
The latest supplied ownership evidence is a 2019 Forbes-reported 95% family stake in GP Club, not a current person-only shareholding for Kim Jung-woong.
No current GP Club audited financial statements, shareholder register, debt/liability data, or Goldman exit transaction price were supplied.
JMsolution product sales and brand popularity are used only as business context and are not counted directly as personal wealth.

Range Model

Scenario Spread

Conservative

$500.0M - $800.0M

Base

$800.0M - $1.1B

Aggressive

$1.1B - $1.4B

Uncertainty Drivers

GP Club is private, with no accessible current audited financial statements in this research set.
The 95% ownership figure is from 2019 and refers to Kim and family, not a current person-only stake.
Forbes' methodology and current valuation inputs are not visible from accessible pages.
Goldman's 2022 exit is important valuation evidence, but the accessible source did not provide a transaction price that can be tied to Kim's proceeds.
No reliable public evidence was found for dividends, cash balances, real estate, liabilities, or tax obligations.

Evidence

Reviewed Signals

Signal	Value	Confidence
JMsolution product scale Official and media sources describe major JMsolution mask sales and Asia demand.	€3,000,000,000	66/100
Goldman exit and valuation pressure Goldman Sachs' minority exit without profit and failed pre-IPO funding indicate a reduced valuation environment after GP Club's peak growth period.	Minority investor exit without profit; pre-IPO funding failure	72/100
Forbes wealth anchor Forbes' latest found profile estimate placed Kim at about $1.0 billion in December 2024.	$1,000,000,000	72/100
Family ownership of GP Club Forbes reported Kim and family owned 95% of GP Club in 2019.	€1	70/100
Founder/operator identity Kim Jung-woong is the GP Club representative and public face of the JMsolution corporate owner.	GP Club representative; JMsolution operated under GP Club	86/100

Citations

Sources

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Correction

Public estimates are reviewed but uncertain. Submit a correction if a source or assumption should be updated.

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